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Some of y'all having trouble paying ya bills?
Posted on 5/15/24 at 7:06 am
Posted on 5/15/24 at 7:06 am
And that Aggie number is not even including Jimbo's buyout.
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Posted on 5/15/24 at 7:11 am to koreandawg
quote:
Some of y'all having trouble paying ya bills?
Thanks Joe Biden
Posted on 5/15/24 at 7:11 am to koreandawg
If your athletic department has no debt, I suppose you’ve just given up on sports. Looking at the list at the bottom, that appears to be true. 
Posted on 5/15/24 at 7:12 am to koreandawg
Shocked unc isn’t on that list, after yesterday’s audit they claim they’re operating 20-40 mil in the red
Posted on 5/15/24 at 7:19 am to koreandawg
Thought Aggie was so rich they stroked a check for everything then dropped $100 bills on their way back to the car.
Posted on 5/15/24 at 7:21 am to koreandawg
Debt is a fact of life
Almost every business and even person is managing a debt in one form or another
Even your paisanos in South Korea have a high debt to GDP ratio, Yi
Almost every business and even person is managing a debt in one form or another
Even your paisanos in South Korea have a high debt to GDP ratio, Yi
Posted on 5/15/24 at 7:23 am to koreandawg
I don't think koreandawg understands how the world works.
Posted on 5/15/24 at 7:33 am to koreandawg
First two are public California schools... color me shocked
Posted on 5/15/24 at 8:01 am to koreandawg
quote:
Some of y'all having trouble paying ya bills?
Just get Aggy to pony up. They have more money than everyone else on this graphic combined, right? At least that's what they all tell me.
Posted on 5/15/24 at 8:05 am to koreandawg
the 'no debt' programs have awful football teams.
Posted on 5/15/24 at 8:15 am to koreandawg
Smart debt should be funding/feeding an appreciating asset, like your house or a business.
I'd guess all of those athletic programs are appreciating 'businesses', as they are in major conferences that will continue to get more TV revenue, save SDSU.
Dumb debt is when you feed something other than an appreciating asset, like a vacation, your honey's Mercedes G wagon, or Texas A&M.
I'd guess all of those athletic programs are appreciating 'businesses', as they are in major conferences that will continue to get more TV revenue, save SDSU.
Dumb debt is when you feed something other than an appreciating asset, like a vacation, your honey's Mercedes G wagon, or Texas A&M.
Posted on 5/15/24 at 8:59 am to koreandawg
Nothing wrong with debt for facilities.
The issue is cash flow to pay for that debt.
The issue is cash flow to pay for that debt.
Posted on 5/15/24 at 9:44 am to koreandawg
Nore proof that the Vols have the most resources. We pay our QBs 6 million even and have plenty of money to spare. The rest of you slackers need to catch up.
Posted on 5/15/24 at 9:46 am to koreandawg
I hear LSU is selling Mike The Tiger to be able to buy a defensive tackle.
Posted on 5/15/24 at 9:48 am to koreandawg
Issuing debt to fund facilities to spread the expenses out over many years instead of paying out immediately is a pretty common tactic.
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