Robert G. Burton is the chairman and CEO of Greenwich-based Burton Capital Management. Over the years he’s donated more than $7 million to the school’s football program, including a $2.5 million gift for the Burton Family Football Complex. Now Burton wants that money back and his name taken off the building. He’s extremely miffed and in a letter to athletic director Jeff Hathaway– the object of Burton’s ire– he outlined why.
1. Burton blames Hathaway- who he says is “not qualified to be a Division I AD”– for the departure of former coach Randy Edsall, who took a gig with Maryland after leading the UConn to its first-ever BCS bowl. “Randy took another job because he couldn’t work with you,” Burton fumes. Personally, he writes, “I would have fired you a long time ago.”
2. Burton wanted to be “kept in the loop” on the process of finding Edsall’s replacement, because he could “provide insight about potential candidates.” He was not kept in the loop and the school went ahead and hired former Syracuse coach Paul Pasqualoni without even asking Burton first.
3. If they had Burton would’ve told them not to hire the guy. Not that this has anything to do with anything but…
Burton’s son Joe played for Pasqualoni at Syracuse from 1997 through 2001. There was a conflict between Bob Burton and Pasqualoni when his son played there, a source briefed on their relationship told Schad.
Burton “wasn’t asking for veto power,” he just wanted to feel like his voice was being heard. Since it wasn’t, he feels the message being sent is that he’s not be “respected” or having his opinion “valued.” Give his money and his name back now and nobody gets hurt. He’s found a more appreciation from the University of Bridgeport’s women’s volleyball team, who will now be the lucky recipients of his largesse.
I see nothing wrong with Burton’s attitude.
I name this Project Indian Giver
-Chuck
Mr. Burton also noted that the campus was starting to be “more colorful” than he would prefer, but also demanded the AD recruit more speed.
Have mercy
Have mercy
Have mercy
Have mercy
Especially considering TCU will be in the Big East. Former Syracuse football coach gives UConn little chance of getting to another bowl game. Rich Rodriguez is available; at least he made West VA a legitimate contender.
Unfortunately for Burton, the UCONN Endowmwnt utilizes the same lawyers as Harbinger and his donation is now subject to a perpetual lock-up with a 20% gate thereafter. And although the Endowment is tax exempt, the CIO and other top executives may use donations to pay personal income taxes at their discretion.
Unfortunately for Burton, the UCONN Endowmwnt utilizes the same lawyers as Harbinger and his donation is now subject to a perpetual lock-up with a 20% gate thereafter. And although the Endowment is tax exempt, the CIO and other top executives may use donations to pay personal income taxes at their discretion.
Somewhere in the ground, Howard Cossell is smiling
Somewhere in the ground, Howard Cossell is smiling
UConn? Really? we’re wasting valuable time discussing UConn? Burton is a phat phuk.
sucking is the NKI
Hopefully for UConn the donation was not made in CVO shares.
–CVO shareholder
UCONN is to football as UBS is to I-banking
UCONN is to football as UBS is to I-banking
Me neither. This is standard procedure for hedge fund managers facing margin calls or outsized tax liabilities. No concerns.
Me neither. This is standard procedure for hedge fund managers facing margin calls or outsized tax liabilities. No concerns.
Mr. Burton, I see a bit of myself in you, literally. I like thinking big. I always have. If you’re going to be thinking anyway, you might as well think big. I want to introduce you to a couple of my close personal friends from professional sports that I think you can really identify with because they, like you, have each refused to listen to criticism in their quest for sporting greatness. The first is Rod Tidwell, one of the greatest receivers to ever go across the middle for the Arizona Cardinals. The next is Kenny Powers one of the most outstanding fastball pitchers to ever take the mound. And finally, from the sport I own, Roy McAvoy, who despite being a severe underdog, went on to shoot one of the lowest rounds in a Major. I know all three of these outstanding athletes personally and believe that they may have insights that can help you with your issues at UCONN.
What a douche. You better check yourself before you wreck yourself, fatty!
What a douche. You better check yourself before you wreck yourself, fatty!
What a douche. You better check yourself before you wreck yourself, fatty!
Delusions of grandeur comes to mind, but yet seems too small.
Delusions of grandeur comes to mind, but yet seems too small.
Delusions of grandeur comes to mind, but yet seems too small.
im going to have to request that you do better (go frogs)
Gaining 100 lbs post-college is NKI.
I’d rather talk about Kayla Tausche, Go Tarheels
If this guy’s idea of grandeur is getting a gym at U-Conn named after him I’d hate to know what he considers trivial.
If this guy’s idea of grandeur is getting a gym at U-Conn named after him I’d hate to know what he considers trivial.
Judging by the picture above, he’s had many, many post-UConn years (and bottles of gin) in order to grow that gut.
Judging by the picture above, he’s had many, many post-UConn years (and bottles of gin) in order to grow that gut.
Sorry; it would actually appear from his Bloomberg profile that he graduated from Murray State University with a BA in Business, then got an MBA from Tennessee State…
Also, judging by the photo, he seems like an affable guy – easy going, with a fantastic sense of humour. He clearly doesn’t sweat the little things.
you got that right……….wait, what is college?
~Snookie
you got that right……….wait, what is college?
~Snookie
I heard Cornell was his safety school
I heard Cornell was his safety school
I heard Cornell was his safety school
er, his delusion of grandeur is that the AD should be conferring with him on hiring the new coach.
HOW RUDE!!
-since we’re apparently quoting full house
Apparently, Mr. Burton does not know the meaning of donation. He must feel that donation really means chokehold. Shame on him. If he donated to an organization like, say, Save the Children, do you think he would want them as his personal slaves.
This guy is Printing Hall of Fame class of ’97. I think a bit of respect is in order.
Hmmm…somebody’s all butthurt. So, Burton’s getting some solace over at the U. of B’s women’s volleyball team, eh? Certainly hope he doesn’t expect perks, like the girls doing lapdances for him in their tight little uni’s…
This guy is the CEO/Chairman on Cenveo (CVO). I’ll be shorting tomorrow.
I, uh, and , you know, find it hard to um, uh, you know, disagree with such football uh “prowess” because as you , uh, know, I am for a fact uh sort of one of those people um blessed I suppose to be empowered to make all football decisions and the like of which as this billion dollar stadium behind me can attest, is um another example of how finance and football aren’t too far apart and should be an uh integral part of the forward motion of descisional power as applied to um football caochin’ and all.
-Jerry Jones
Batshit, TX
I was kidding about the v-ball team…
Awwww, little Robie Burton is upset… does Robie want a cookie?
Several thousand newbie pedophiles want their donations back.
I think Edsall may have left because the cretins he has recruited are beginning to get out of control. 2 child porn type arrests this year. Really? He’ s heading to Meathead U in College Park where the money is looser and the standards are lower.
Like the ACC doesn’t have more of these problems. VA Tech/FSU
who wrote this article? they need better proofing skills.
who wrote this article? they need better proofing skills.
Must read the actual letter
http://www.greenwichtime.com/news/article/UConn-donor-from-Greenwich-demands-return-of-3M-975848.php
He sent a copy to the gov’nr
Must read the actual letter
http://www.greenwichtime.com/news/article/UConn-donor-from-Greenwich-demands-return-of-3M-975848.php
He sent a copy to the gov’nr
Mr. Burton sounds like he needs 3 million to hedge on a hedge fund, to me. Take the name of the complex; no problem-re-name is dumbass stadium and whine celler. How is he going to deal with the huge tax write off he took for his donation? Give it back to IRS?
Mr. Burton sounds like he needs 3 million to hedge on a hedge fund, to me. Take the name of the complex; no problem-re-name is dumbass stadium and whine celler. How is he going to deal with the huge tax write off he took for his donation? Give it back to IRS?
Read the letter–linked above by Sss. He plans on donating the money to another program. This guy really likes football and claims to have been an NFL draft pick and to have worked with the Vikings on draft picks while a grad student.
He is not exactly the tool BL tried to make him out to be. It appears he and his family have been very generous in their donations to a University that he did not attend, although his son did.
Read the letter–linked above by Sss. He plans on donating the money to another program. This guy really likes football and claims to have been an NFL draft pick and to have worked with the Vikings on draft picks while a grad student.
He is not exactly the tool BL tried to make him out to be. It appears he and his family have been very generous in their donations to a University that he did not attend, although his son did.
One son played at Uconn, the other under the new coach when he was at Cuse. Sounds like Coach P didn’t bite when there was a bag of cash on his doorstep with a note that said ‘shouldn’t my son be the starting (insert position here)’.
-Guy who hates entitled little douches
One son played at Uconn, the other under the new coach when he was at Cuse. Sounds like Coach P didn’t bite when there was a bag of cash on his doorstep with a note that said ‘shouldn’t my son be the starting (insert position here)’.
-Guy who hates entitled little douches
Both are a joke
Both are a joke
Both are a joke
Welcome to Dealbreaker, Mr. Burton.
You are a joke.
Bob Diamond
-Uconn Alum
We were.
Almost deceased Princeton Admissions Officer
Please, your insight overwhelms me!
burton bites bubble butts.
MBA from UCONN…enough said. They should just focus on sports. You can’t do “god’s work” with that kind of image.
-
UUQUww Awesome post.Thanks Again. Will read on…