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re: Bruce and Baz speak... On Pittman!
Posted on 11/16/23 at 1:15 pm to RazorBroncs
Posted on 11/16/23 at 1:15 pm to RazorBroncs
quote:
Do you have any idea how much money the AD makes in the SEC's TV contracts alone? They have $16 million. They have 10 times that amount available through various sources. Money is not the issue.
They make 37 million from the sec contract and had an 8MM operating surplus last year and a 2MM loss the year before.
They had to take out a 20MM loan for operating cash flows (that may have been paid back now)
It’s also not just the 16MM which they would pay out over the remainder of the contract. It’s buying out the whole staff, raising funds for another coach and his staff, and possibly funding the buyout for the new coach if he has one.
This post was edited on 11/16/23 at 1:22 pm
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