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re: So when do we think Butch is fired?
Posted on 10/4/17 at 9:18 am to meansonny
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
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