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re: Auburn's athletic department records $13.6 million deficit
Posted on 2/16/15 at 9:46 am to hawgfaninc
Posted on 2/16/15 at 9:46 am to hawgfaninc
They're losing money Auburn fast
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Posted on 2/16/15 at 9:46 am to AUbagman
Jay Jacobs has been on a spending spree lately, largely because that - performatively speaking - the 2012-2013 season was sooo bad in the big three sports, finishing last or damn near close to last in the SEC.
Jacobs opted to make significant investments in all three with Malzahn, Pearl, and Galloway (two are poised to make Auburn some money, one is meh) with all the costs incured from buy-outs and shite. Spend money to make money.
Jacobs opted to make significant investments in all three with Malzahn, Pearl, and Galloway (two are poised to make Auburn some money, one is meh) with all the costs incured from buy-outs and shite. Spend money to make money.
Posted on 2/16/15 at 9:47 am to Draconian Sanctions
quote:
LSU makes money in 3 sports
Congrats I'd rather lose money and actually do shite in the sports that people care about.
Posted on 2/16/15 at 9:47 am to blackjackjackson
Its the fricking buy outs. Chiz, Barbee, all the assistant coaches. Costs money to clean house. At least Chiz has a job now, so his deal cuts waaay back.
Posted on 2/16/15 at 9:49 am to blzr
quote:
Congrats I'd rather lose money and actually do shite in the sports that people care about.
we care about all 3
Posted on 2/16/15 at 9:49 am to NBamaAlum
quote:
Pasadena isn't cheap and they are on the hook for a ton of buyouts...
I don't see the big deal.
Don't let reality get in the way.
Countries, companies or individuals that spend more than they make go bankrupt. If it happens one year it can be overcome but it is NEVER a good sign.
Posted on 2/16/15 at 9:49 am to nc14
quote:
Already bought the season tickets
Interesting.
Considering they haven't even gone on sale to the public yet.
Posted on 2/16/15 at 9:49 am to blzr
LSU has a better football program than Auburn in just about every measure you can throw out there.
This post was edited on 2/16/15 at 9:50 am
Posted on 2/16/15 at 9:50 am to bfniii
This is nothing more than a slight down turn or a temporary correction similar to what the stock market might make. They got rid of a bunch of shitty coaches in 3 sports and made significant upgrades everywhere and took a very expensive bowl trip out west; all within a relatively small time frame. It really should not even have been news worthy.
Posted on 2/16/15 at 9:50 am to Choctaw
quote:
we care about all 3
I don't follow college baseball, because I'm like normal people. But is lsu at least good at that?
Posted on 2/16/15 at 9:51 am to Draconian Sanctions
quote:
Do your own homework, I'm just going off of memory.
Classic Posted on 2/16/15 at 9:51 am to Pavoloco83
quote:
Its the fricking buy outs. Chiz, Barbee, all the assistant coaches. Costs money to clean house. At least Chiz has a job now, so his deal cuts waaay back.
IIRC, SECN revenue was not budgeted into this, however the expense of getting AU ready for the SECN was very costly and was accounted for here.
Auburn has plenty of $ in reserves and this is not an issue in the least bit.
In addition to the video board, we're upgrading the sound system, possibly bricking the exterior of JHS and adding luxury seating. We wouldn't be spending this way if we couldn't afford it and the President DAMN sure wouldn't allow it.
Posted on 2/16/15 at 9:52 am to Patton
Posted on 2/16/15 at 9:52 am to blzr
Meh, this doesn't include SEC Network payout which is projected to be in the neighborhood of 20 million.
Posted on 2/16/15 at 9:52 am to Draconian Sanctions
quote:
LSU has a better football program than Auburn in just about every measure you can throw out there.
Except in the one measure used for determining contests in the game of football
Posted on 2/16/15 at 9:54 am to Pettifogger
quote:
Except in the one measure used for determining contests in the game of football
We lead the all time series and have won 6 of the last 8
Posted on 2/16/15 at 9:54 am to Pettifogger
So you're saying Ole Miss is a better football program than Alabama?
Posted on 2/16/15 at 9:54 am to blzr
quote:
I don't follow college baseball, because I'm like normal people. But is lsu at least good at that?
no....not really. we've always been pretty horrible in baseball. but we try...and we love it
This post was edited on 2/16/15 at 9:56 am
Posted on 2/16/15 at 9:55 am to hg
quote:
hg
No way you can make an analogy in which LSU=Alabama with a straight face.
Posted on 2/16/15 at 9:55 am to Pettifogger
quote:
LSU has a better football program than Auburn in just about every measure you can throw out there.
Except in the one measure used for determining contests in the game of football
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