re: Power 5 Conference Programs with Fiscal Deficits (2014)

a ---------------------------- can look like------------------------

------------------- Graph

----------- this.


But what the author did was put a line graph from "a" to "this", fulling ignoring the other 4 "words" (years). Formatting sucks, but hopefully my point comes across.

Not to mention, using '04 and '14 could potentially ignore massive recession that took hold for 5 years of that decade.

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a ---------------------------- can look like------------------------ ------------------- Graph ----------- this. But what the author did was put a line graph from "a" to "this", fulling ignoring the other 4 "words" (years). Formatting sucks, but hopefully my point comes across.

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Ha yes, it does, and I fully agree. Especially when it comes to athletic programs. Depending on projects, debt, etc things one year can look drastically different than the next. A one year snapshot of an income statement is a pretty stupid way to make a general, large point like this article does.

Sorry, didn't see his post until after mine.

Too bad they aren't including all that aggie Bond debt.

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Maybe because you dont include all bond debt totaled in a fiscal report like this

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GAAP(TMMRLB)

Generally Accepted Accounting Principles That Makes My Rival Look Bad

I think its International Standards.

Hence I said "too bad."

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Hence I said "too bad."

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Didnt OU have a bond debt issue recently?

ETA. ^^^ yikes

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the university's outstanding debt to almost $1 billion.

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This is one of the reasons that UAB fans were so outraged when their program was killed. They actually were breaking even since they basically weren't spending anything. (It appears to have turned out well for UAB in the big picture though.)

There are a lot of benefits to sports programs that are hard to capture in dollars and cents. Why else would all of these programs continue to exist and show a negative balance on paper?

But... But... Tennessee is bankrupt! They're poors!

frick you TT9

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There are a lot of benefits to sports programs that are hard to capture in dollars and cents.

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Meh, I pretty adamantly disagree with this line of thinking generally. If you already have an established program that the alumni base loves and follows? Yes. If you are a commuter school that is looking to create a new revenue stream and make their alums develop a new sense of school pride and give back large chunks of money for athletics (and then eventually academics)? Ehhhhhh

Places like Georgia State took that approach and they quickly learned that is a total fantasy.