re: New AD and Gates

quote:

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I wonder if there was outright misrepresentation from the AD to the system on this. It doesn’t seem possible knowing what we know.

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Not sure. Something sure doesn't seem right about it all. I would assume after her first year when the AD had the $15MM surplus, that would not have included any loans (but maybe it did?). Also, I think the SEC payout increased by like $5MM that next year. So without knowing what games were played, it was something like $20MM surplus that just vanished to the point we had to take sizable loans from the University to break even.