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LSU is broke
Posted on 1/29/24 at 2:38 pm
Posted on 1/29/24 at 2:38 pm
LINK
The LSU athletic department reported a nearly $4 million deficit for the last fiscal year
The LSU athletic department reported a nearly $4 million deficit for the last fiscal year
This post was edited on 1/29/24 at 2:39 pm
33
Posted on 1/29/24 at 2:40 pm to MOJO_ERASER
Posted on 1/29/24 at 2:42 pm to MOJO_ERASER
Holy furk!
Lost 8 mil on wimmins shooty hoops?
Mulkey is one badass negotiator.
quote:
The LSU women’s basketball team, despite clinching its first ever NCAA title in 2023, is struggling with significant financial challenges, as revealed in a recent audit. The LSU athletic department reported a nearly $4 million deficit for the last fiscal year, according to the Louisiana Legislative Auditor’s office, while the women’s basketball team had a nearly $8 million program deficit.
Lost 8 mil on wimmins shooty hoops?
Mulkey is one badass negotiator.
Posted on 1/29/24 at 2:44 pm to MOJO_ERASER
overspending on things they can't afford. classic poor people behavior. time to plunder our lady of the lake again.
Posted on 1/29/24 at 2:44 pm to bigDgator
LOL. Those figures do NOT include media rights monies. Plus, the portions of salaries that TAF pays is not accounted for. LSUAD did not lose money in 2023.
Posted on 1/29/24 at 2:45 pm to MOJO_ERASER
Wasn’t the SEC held hostage for scheduling because Oklahoma was too poor to leave the Big 12?
ETA: we also made more money as an athletic department than OU last year according to the NCAA USA today
ETA: we also made more money as an athletic department than OU last year according to the NCAA USA today
This post was edited on 1/29/24 at 2:51 pm
Posted on 1/29/24 at 2:45 pm to bigDgator
Maybe she can help out with some of that Coca-Cola money
Posted on 1/29/24 at 2:49 pm to GeorgeWest
quote:
Furthermore, the 2022 audit disclosed misclassification of nearly $6.7 million in severance payments and an overpayment of nearly $1 million to head football coach Brian Kelly.
What the frick LSU? Do you even have any bean counters working there? No wonder Kelly didn't want to go to Michigan.
6 million, 7 million, what's the difference.
This post was edited on 1/29/24 at 2:51 pm
Posted on 1/29/24 at 2:50 pm to bigDgator
The bean counters caught the error.
Posted on 1/29/24 at 2:51 pm to MOJO_ERASER
quote:
LSU broke
quote:
It off in Oklahoma during a CFP game at a record pace
fify
Posted on 1/29/24 at 2:51 pm to bigDgator
quote:
Lost 8 mil on wimmins shooty hoops?
Mulkey is one badass negotiator.
The same dumbfrick athletic director who hired Fisher at A&M and wanted to hire at LSU, decides to pay about 2 million a year to a haggard looking old woman who coaches a non-revenue sport no one gives a shite about.
Ask Metry Mauler. When he was Mulkey Man, he knew about it.
Posted on 1/29/24 at 2:52 pm to GeorgeWest
quote:
The bean counters caught the error.
You need to have them count the beans before you hand them out as well, not just after. Do you have a drunken sailor managing payroll?
Posted on 1/29/24 at 2:54 pm to bigDgator
quote:
an overpayment of nearly $1 million to head football coach Brian Kelly.
Goddammit, why can't my employer overpay me by $1,000,000?
Posted on 1/29/24 at 2:55 pm to MOJO_ERASER
Time to embezzle more money from a hospital.
Posted on 1/29/24 at 3:05 pm to Pandy Fackler
quote:
Ask Metry Mauler. When he was Mulkey Man, he knew about it.
Man, that dude absolutely owns you.
Posted on 1/29/24 at 3:09 pm to TheTideMustRoll
quote:
Goddammit, why can't my employer overpay me by $1,000,000?
Whatever he's paying you is over payment so count your blessings.
Posted on 1/29/24 at 3:15 pm to bigDgator
Posted on 1/29/24 at 3:20 pm to MOJO_ERASER
Not really slowing them down. If not for basketball coach being an absolute idiot 3 years ago they would be a men’s 3 sport powerhouse and are a powerhouse in the only women’s sport that anyone cares about.
I’m just saying…
I’m just saying…
Posted on 1/29/24 at 3:46 pm to MOJO_ERASER
Being the greatest brand in America and the envy of everyone else every minute of the day ain't easy!
Posted on 1/29/24 at 3:50 pm to MOJO_ERASER
quote:
the school’s football program generating a substantial portion of the department’s revenue, amassing nearly $105.7 million last year — a $18.4 million increase from the previous year and netting a $54 million profit – a nearly 50% increase from the prior year.
Don't see the problem
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