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re: Gabe on Drink
Posted on 12/10/19 at 9:23 am to Zou brownmajic
Posted on 12/10/19 at 9:23 am to Zou brownmajic
quote:
I've heard that Mizzou is in debt and having to use school funds to pay Drink and his staff's salary?
From what I understand on the subject, and I'm no expert, y'all had a minor cash crunch last year with the stadium upgrade. This year you don't get the share of the SEC bowl revenue.
That isn't wonderful by any stretch but unless there is a systematic drop in attendance than we are looking at short term cash flow issues. Bowl revenue accounts for something like 10% of gross revenue (like 10 million or so) and any time you lose that its not going to be a robust year.
Missouri Athletics turned a profit every year since you joined the SEC until these last two years. You should be firmly in the black again next year barring something weird happening.
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