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Barners losing money
Posted on 3/29/14 at 10:26 am
Posted on 3/29/14 at 10:26 am
Auburn University's athletics department reported a deficit of $865,994 for its 2013 fiscal year, according to the university's most recent NCAA financial report.
This marked the first time Auburn listed a deficit since AL.com began tracking college athletics financial data eight years ago. Auburn reported a surplus of $8.8 million in 2011-12, the year before Gene Chizik's disastrous final season as football coach.
Severance payments totaled $2.7 million in 2013, largely for Chizik and his staff after the Tigers went 3-9. Auburn Senior Associate Athletics Director Jack Smith said the athletics department drew upon a cash reserve of more than $15 million to cover last year's operating deficit. Alabama reported a $21.2 million surplus in 2013.
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This marked the first time Auburn listed a deficit since AL.com began tracking college athletics financial data eight years ago. Auburn reported a surplus of $8.8 million in 2011-12, the year before Gene Chizik's disastrous final season as football coach.
Severance payments totaled $2.7 million in 2013, largely for Chizik and his staff after the Tigers went 3-9. Auburn Senior Associate Athletics Director Jack Smith said the athletics department drew upon a cash reserve of more than $15 million to cover last year's operating deficit. Alabama reported a $21.2 million surplus in 2013.
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Posted on 3/29/14 at 10:29 am to Forrest Gump
Finally started counting all those prepaid debit cards they been passing out for years to their players.
Posted on 3/29/14 at 10:29 am to Forrest Gump
Keeping up with the Jones' can be expensive for poly-technical institutes.
This post was edited on 3/29/14 at 10:30 am
Posted on 3/29/14 at 10:29 am to Forrest Gump
I knew exactly who wrote this article before clicking the link. I know he skews facts like a muddafucca a lot.
Posted on 3/29/14 at 10:31 am to Forrest Gump
On a cold and gray Opelika morn
A poor little baby child is born in the ghettooooo
A poor little baby child is born in the ghettooooo
Posted on 3/29/14 at 10:32 am to Forrest Gump
The melt, it continues!
Posted on 3/29/14 at 10:34 am to diddydirtyAubie
quote:
I knew exactly who wrote this article before clicking the link. I know he skews facts like a muddafucca a lot.
Which facts did he skew? No flame. Just want to know the truth.
Also when are you done paying for the Chiz? How much of a buyout did Barbee have?
Posted on 3/29/14 at 10:37 am to chattabama
quote:
Which facts did he skew? No flame. Just want to know the truth.
I'm not doing any research on this, because I don't give a shite. I'm just going on past history of some of the things he has written, and I knew a lot more about the situation.
Posted on 3/29/14 at 10:37 am to chattabama
Who really cares in the end? All the SEC schools will be getting paid in a few short months with the start of the SEC network.
Posted on 3/29/14 at 10:37 am to mwlewis
It's why they brought in Pearl, I'm sure he's a great accountant.
Posted on 3/29/14 at 10:38 am to Stonehog
quote:
It's why they brought in Pearl, I'm sure he's a great accountant.
No... his coed girlfriend is a great accountant.
Posted on 3/29/14 at 10:46 am to whiskeyjohn
Damn we all up in the updykes head
Posted on 3/29/14 at 10:47 am to Stonehog
quote:
It's why they brought in Pearl, I'm sure he's a great accountant.
You so mad about us getting Pearl!
Posted on 3/29/14 at 10:48 am to HailToTheChiz
quote:
Damn we all up in the updykes head
Hint: We are making fun of you.
Another hint: Don't make it so easy.
Posted on 3/29/14 at 10:49 am to AU4real35
Quite the opposite, we need more good coaches in the SEC. If Pearl can turn Auburn into a perennial top 100 team it will be good for the conference as a whole.
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