quote:
How many times do we have to explain this?

LSU athletics (and TAF) are COMPLETELY separate from the university and do not receive a penny of university/state funds. It is a completely separate and fully independent entity from the university. LSU is one of the few athletic departments in the country that doesn’t receive any funding from university/public funds.

Yeah, I don’t understand how people can not grasp this?! It’s a pretty basic concept to understand lol

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Posted by RD Dawg

Atlanta

Member since Sep 2012

27308 posts

Posted on 11/30/21 at 8:34 am to andyv95

quote:
Yeah, I don’t understand how people can not grasp this?! It’s a pretty basic concept to understand lol

I think most grasp the concept but
Woodward seems to be way over the top when it comes to spending especially coming off year when they claimed to have lost $80 million athletics.
LSU athletics loses $80 million from Covid

-$20 million in annual debt service
-$30 million in owed in coaching buyouts (would love to know who's picking up this tab)
-$9+ million for new Kelly plus whatever the number for his assts
-$2 million for a WBB coach

Sorry,I'm used to our penny pinching ways of our AD (except for FB) can't imagine a ledger like this.

This post was edited on 11/30/21 at 8:40 am

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