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Point and laugh. LSU athletics is broke.

Posted on 11/23/25 at 3:29 pm
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:29 pm
12th Man Foundation

Tiger Athletic Foundation

quote:



12th Man Foundation (FY2023 End, June 30, 2023)
Total Assets
$286.2 million (down slightly from $288.0 million in FY2022; includes $53.3 million deferred revenue from tickets)

Tiger Athletic Foundation (FY2023 End, Dec. 31, 2023)
Total Assets
$500.4 million (up from prior year; driven by $378.9 million non-current assets like endowments/real estate)

12th Man Foundation (FY2023 End, June 30, 2023)
Net Assets
$231.3 million (down from $239.5 million in FY2022; unrestricted: -$6.0 million; restricted: $237.3 million, including $115.7 million endowments)

Tiger Athletic Foundation (FY2023 End, Dec. 31, 2023)
Net Assets
$310.7 million (up $37.1 million from $273.6 million in FY2022; unrestricted: $234.9 million; restricted: $75.8 million)
Posted by Mr Sausage
Cat Spring, Texas
Member since Oct 2011
15386 posts
Posted on 11/23/25 at 3:34 pm to
That doesn’t mean what you think it means.
Posted by Sid E Walker
InsecureU ©
Member since Nov 2013
25052 posts
Posted on 11/23/25 at 3:34 pm to
Are you worried about something?

If your post is correct, then you should have no problem living up to the terms of Kelly’s contract.
Posted by RTRnFlorida
Member since Mar 2024
2191 posts
Posted on 11/23/25 at 3:35 pm to
Aggie school has a lot of money from state funds, and oil stipends, but they’re on par with most every other school regarding their total sports money which comes from a different pot.

But you won’t convince those 12th man 50 dollar sticker lovers
This post was edited on 11/23/25 at 3:44 pm
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:35 pm to
quote:

That doesn’t mean what you think it means.



open to your explanation.
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:37 pm to
quote:

then you should have no problem living up to the terms of Kelly’s contract.


LSU can pay Brian Kelly.
Posted by Sid E Walker
InsecureU ©
Member since Nov 2013
25052 posts
Posted on 11/23/25 at 3:39 pm to


Then they should.
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:40 pm to
quote:

Then they should.



Nah
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66070 posts
Posted on 11/23/25 at 3:42 pm to
A lot of low-IQ folks here can't understand the differences between state money, school money, and athletics money.

Those are 3 very different and distinctive pots.

Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:42 pm to
quote:

Sid E Walker



What's funny is the crimson tide foundation's audit is the only one that isn't publicly available.

What are yall hiding?
Posted by RTRnFlorida
Member since Mar 2024
2191 posts
Posted on 11/23/25 at 3:43 pm to
The 17 billion Bernie madoff left us while attending Alabama .
Posted by GrizzlyWintergreen
Member since Jun 2025
1471 posts
Posted on 11/23/25 at 3:48 pm to
quote:

That doesn’t mean what you think it means


Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 3:48 pm to
He's pouring over the documents now looking for a gotcha.
Posted by Jster15
Member since Aug 2019
2979 posts
Posted on 11/23/25 at 3:52 pm to
Yes we are laughing…yout pathetic attempt to blow yourself up by comparing yourself to A&M is really hilarious. You wont/can’t pay your contracted agreements. You are still robbing children’s hospitals. In 2022 LSU athletics got a $85,000,000 from the children’s hospitals. And your athletic department has lost money (about $2,000,000) the last three years in a row. And now you’re on the hook for about $180,000,000 that the taxpayers, students and hospitals will have to pay.
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66070 posts
Posted on 11/23/25 at 3:57 pm to
quote:

You are still robbing children’s hospitals. In 2022 LSU athletics got a $85,000,000 from the children’s hospitals.




Why do morons on this site think OLOL is a strictly children's hospital?

quote:

And now you’re on the hook for about $180,000,000 that the taxpayers, students and hospitals will have to pay.



Posted by Old1937
Member since Jun 2024
1230 posts
Posted on 11/23/25 at 3:59 pm to
Quit your Bravado, you are still a distant second in Texas to your BIG BROTHER
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 4:07 pm to
quote:


Yes we are laughing…yout pathetic attempt to blow yourself up by comparing yourself to A&M is really hilarious. You wont/can’t pay your contracted agreements. You are still robbing children’s hospitals. In 2022 LSU athletics got a $85,000,000 from the children’s hospitals. And your athletic department has lost money (about $2,000,000) the last three years in a row. And now you’re on the hook for about $180,000,000 that the taxpayers, students and hospitals will have to pay.


Most athletic departments operate at a loss.

Look at Alabama.
2023 $12.1 million deficit
2024 $28 million deficit.

Thats what the foundations are for.

also
quote:

you’re on the hook for about $180,000,000

wtf
This post was edited on 11/23/25 at 4:10 pm
Posted by im4LSU
Hattiesburg, MS
Member since Aug 2004
34299 posts
Posted on 11/23/25 at 4:09 pm to
quote:

Then they should.


Not if he’s fired for cause…
Posted by AggieArchitect2004
Member since Oct 2023
3129 posts
Posted on 11/23/25 at 4:11 pm to
quote:

Quit your Bravado, you are still a distant second in Texas to your BIG BROTHER

Your daddy Aggie gave you 2/3 of the PUF.
You have the largest athletic budget in the nation.

Still can’t accomplish anything.
Posted by The Baker
This is fine.
Member since Dec 2011
18728 posts
Posted on 11/23/25 at 4:11 pm to
quote:

Not if he’s fired for cause…



They're so pissed LSU athletics isn't broke.
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