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re: $100 million revenue club 2014-15 (all sports ath revenue)(updated with link)
Posted on 12/22/15 at 8:58 pm to secuniversity
Posted on 12/22/15 at 8:58 pm to secuniversity
quote:
You really don't want to have anything left over
Says who?So why do so many schools have reserve funds?
UGA had 70+ million in reserves.
Hell,AU bragged about how much their reserve fund helped them in hiring Will Muschamp.
Why was UT so concerned about their reserve fund being so low?
2
Posted on 12/22/15 at 9:00 pm to wmr
When was last time Arkansas finished higher in the SEC west than the two listed??
Under achieving big time.
Under achieving big time.
Posted on 12/22/15 at 9:15 pm to texag7
quote:
So you're not allowed to put your profits back into athletics?
That's exactly the point. Put it back into athletics.
Have extra for what reason? If you have anything left over, make something up to spend it on.
Posted on 12/22/15 at 9:23 pm to secuniversity
quote:
why have extra
Would if you run a deficit the following year?You can still reinvest in capitol projects and still have revenue squirreled away.
You think schools just let that extra revenue just sit in the bank?
You think contributions and scholarship endowmemts are spent the same year as the contribution is made?
Posted on 12/22/15 at 9:38 pm to RD Dawg
quote:
quote:
You really don't want to have anything left over
Says who?So why do so many schools have reserve funds?
UGA had 70+ million in reserves.
Hell,AU bragged about how much their reserve fund helped them in hiring Will Muschamp.
Why was UT so concerned about their reserve fund being so low?
You don't really want high profits in institutional financials. It's better to spend the majority of revenue. The only reason reserve funds might have been mentioned in the will Muschamp hiring, although I don't recall it being touted, would have been because of the reported loss the prior year.
This isn't apple we are talking about here, reserve cash does nothing for an athletic department.
This post was edited on 12/22/15 at 9:39 pm
Posted on 12/22/15 at 9:40 pm to texag7
quote:
None of those numbers are even accurate.
Every time a&m doesn't top a revenue list. It sucks when reality hits. Pledging over time=\= revenue for the year
Posted on 12/22/15 at 9:41 pm to thefloydian
quote:
You guys sound like LSU with their College Baseball Attendance National Championships.
Sorry you suck
Posted on 12/22/15 at 9:45 pm to NYCAuburn
quote:
reserve cash does nothing
Do what?So why do schools have them?Plus the UGA AA has also made money investing those reserves in the market.
Go back to the Will Muschamp hiring.One of the 1st thing Jacobs mentioned in the press conference was the AU reserve fund and the ability that it gave him to hire quality assistant coaches.
Posted on 12/22/15 at 9:54 pm to Carolina_Girl
quote:
Of course, having a lot of money doesn't automatically translate to on-field success. Ask Texas, which can't get out of its own way on the football field in recent years.
Posted on 12/22/15 at 9:58 pm to RD Dawg
quote:
quote: reserve cash does nothing Do what?So why do schools have them?Plus the UGA AA has also made money investing those reserves in the market. Go back to the Will Muschamp hiring.One of the 1st thing Jacobs mentioned in the press conference was the AU reserve fund and the ability that it gave him to hire quality assistant coaches.
Well, do nothing was probably too strong, having a larger sum of reserve cash does nothing
Again, AU's mention of that was probably more in regards to the previous years deficit.
Posted on 12/22/15 at 10:01 pm to Carolina_Girl
Missouri has twice as many people in their state as us, and their University has been getting free pub nationwide recently. Surely they are above little Ole Arky saw
Posted on 12/22/15 at 10:07 pm to Porker Face
Texas A&M is 10th in the SEC.
Wait, I thought this was final conference standings in football every year.
Wait, I thought this was final conference standings in football every year.
This post was edited on 12/22/15 at 10:08 pm
Posted on 12/22/15 at 10:24 pm to Carolina_Girl
And yet, thanks to Jay Jacobs Auburn lost money this year. I cannot wait until that retard is fired.
Posted on 12/22/15 at 10:54 pm to CaptainBrannigan
quote:
And yet, thanks to Jay Jacobs Auburn lost money this year. I cannot wait until that retard is fired.
Auburn will not lose money this year, nor did they lose money last year.
Posted on 12/22/15 at 11:00 pm to RD Dawg
quote:
Says who?So why do so many schools have reserve funds?
UGA had 70+ million in reserves.
Hell,AU bragged about how much their reserve fund helped them in hiring Will Muschamp.
Why was UT so concerned about their reserve fund being so low?
Actually ... you get it. Well done. Few do.
Posted on 12/22/15 at 11:03 pm to Jack Daniel
quote:
So what you're telling me is that Texas does in fact have more money than Alabama.
Duly noted.
That may change after the Opecers bankrupt Texas earl come the first of the year.
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