Started By
Message
re: So when do we think Butch is fired?
Posted on 10/3/17 at 11:15 pm to mountain D values
Posted on 10/3/17 at 11:15 pm to mountain D values
quote:
this is a used TT9 troll, groff
Probably a TT9 alter.
1
Posted on 10/3/17 at 11:27 pm to Robert Goulet
quote:
Never thought I'd learn so much otb.
Hey. I'm here to help. Not hurt.
That link confuses the words profits and gross revenues, for what that is worth. Again... just trying to help keep it real for my friends to the north.
Posted on 10/4/17 at 12:45 am to meansonny
First off, I said make. Not gained.
Second off, if I had said gained then we'd still bend you over for $20 million more reasons.
LINK /
Edit: I realize that the numbers are a little dated. If you'd like to present more current numbers where we don't bend you over even though we are terrible, I would be happy to look them over.
Second off, if I had said gained then we'd still bend you over for $20 million more reasons.
LINK /
Edit: I realize that the numbers are a little dated. If you'd like to present more current numbers where we don't bend you over even though we are terrible, I would be happy to look them over.
This post was edited on 10/4/17 at 12:48 am
Posted on 10/4/17 at 2:35 am to SavageOrangeJug
The man should be ashamed of himself for stealing TT9's hard earned gimmick 
Posted on 10/4/17 at 5:25 am to Wishnitwas1998
He's not TT9. He only comes around during football season and knows too much about UGA football to an alter.
Edit: or at least his alter.
Edit: or at least his alter.
This post was edited on 10/4/17 at 6:15 am
Posted on 10/4/17 at 6:18 am to Wishnitwas1998
Hey TT9 has immensely improved as a poster imo jmo gbo
Posted on 10/4/17 at 6:49 am to InVolNerable
I don't think the issue is with the dates. The issue is that these are not true representations of the schools annual budget.
Here is a link from the Tennessean covering the same dated timespan.
The profit numbers are different. Why? Debt. Paying back bonds. I appreciate the civil conversation on the subject. But debt and paying down the debt is what got me involved in the thread.
It isn't profit if you don't put it into your reserve fund. As of 2 years ago, Tennessee had the smallest reserve fund in the conference and the third largest debt. If all this money is profit, where is it going? To facilities? Because that still isn't profit. That is paying back debt.
The good news is that your revenue is so high that you should be able to make financial improvements to your balance sheet. But are you? Or does the athletic fund still take money from the University.
Here is a link from the Tennessean covering the same dated timespan.
The profit numbers are different. Why? Debt. Paying back bonds. I appreciate the civil conversation on the subject. But debt and paying down the debt is what got me involved in the thread.
It isn't profit if you don't put it into your reserve fund. As of 2 years ago, Tennessee had the smallest reserve fund in the conference and the third largest debt. If all this money is profit, where is it going? To facilities? Because that still isn't profit. That is paying back debt.
The good news is that your revenue is so high that you should be able to make financial improvements to your balance sheet. But are you? Or does the athletic fund still take money from the University.
Posted on 10/4/17 at 9:18 am to meansonny
quote:
It isn't profit if you don't put it into your reserve fund. As of 2 years ago, Tennessee had the smallest reserve fund in the conference and the third largest debt. If all this money is profit, where is it going? To facilities? Because that still isn't profit. That is paying back debt.
Reserve fund was up to $18.4 Million as of last October. UT needs to be about double that to approach what other SEC programs are at right now. You don't get there by half-filling stadiums and missing bowl games (which is the path UT is on right now). I know that the bowl games don't actually result in much profit (if any) but it does help drive merchandising.
UT AD financial article Oct '16
Posted on 10/4/17 at 12:30 pm to David Ricky
I wasn't hating, I admire TT
Page 2 of 2
Popular
Back to top
Follow SECRant for SEC Football News