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Texas A&M leads the league in athletic debt at 279 million
Posted on 8/5/23 at 12:14 pm
Posted on 8/5/23 at 12:14 pm
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Posted on 8/5/23 at 12:15 pm to tigerskin
Posted on 8/5/23 at 12:16 pm to tigerskin
Need more terrorist funding...
Posted on 8/5/23 at 12:19 pm to tigerskin
Even with the Saudis funding them?
Posted on 8/5/23 at 12:21 pm to NotImber
quote:
Even with the Saudis funding them?
Qataris.
The Saudies fund the horns.
Posted on 8/5/23 at 12:23 pm to tigerskin
I am betting public finance is a tough concept for you to understand. Not surprised.
Posted on 8/5/23 at 12:30 pm to tigerskin
Cal must be panicked AF right now. All that debt, their conference is collapsing around them, and they currently have no where to go.
This post was edited on 8/5/23 at 12:31 pm
Posted on 8/5/23 at 1:08 pm to tigerskin
You may recall we completely rebuilt our stadium a few years back. Those bonds are going to be paid off over a period of years, but we have more than enough revenue to handle it. The real question might be - how does LSU have as much debt as they do without a new stadium?
Posted on 8/5/23 at 1:16 pm to tigerskin
They had to take out some loans for that number one recruiting class.
Posted on 8/5/23 at 1:36 pm to tigerskin
In fairness, LSU is #2. 
I'm not sure that is the gotcha you were looking for.
I'm not sure that is the gotcha you were looking for.
Posted on 8/5/23 at 2:17 pm to DawgsLife
Self awareness is lost on tigger fans.
Posted on 8/5/23 at 2:19 pm to Krampus
quote:
Cal must be panicked AF right now. All that debt, their conference is collapsing around them, and they currently have no where to go.
At least they're consistent with the rest of the state.
Posted on 8/5/23 at 2:22 pm to Gunny Hartman
quote:
The real question might be - how does LSU have as much debt as they do without a new stadium?
LSU has the only athletic department in the SEC that doesn't receive any state subsidies.
Posted on 8/5/23 at 3:06 pm to tigerskin
They have cashflow to support the debt servicing I wouldn’t be comparing them to Cal or SDSU
Posted on 8/5/23 at 3:07 pm to DawgsLife
quote:Yep. We borrowed money to completely rebuild our stadium. Not sure what LSU used that money for.
In fairness, LSU is #2. I'm not sure that is the gotcha you were looking for
Posted on 8/5/23 at 3:13 pm to tigerskin
Has anyone done less with more?
Posted on 8/5/23 at 3:18 pm to wutangfinancial
quote:
They have cashflow to support the debt servicing I wouldn’t be comparing them to Cal or SDSU
Posted on 8/5/23 at 3:20 pm to tigerskin
Why does LSU have so much? You already know why A&M's is so high but felt the need to make a response thread anyhow.
Posted on 8/5/23 at 3:24 pm to tigerskin
Probably some asset based loan.
Posted on 8/5/23 at 3:28 pm to BQAG02
quote:
Self awareness is lost on tigger fans
Championships are lost on Aggie fans
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