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re: SIAP - LSU is bleeding money

Posted on 9/25/26 at 5:38 pm to
Posted by Lige
Member since Nov 2015
2189 posts
Posted on 9/25/26 at 5:38 pm to
Let’s compare program for program in any era to Ole Piss. LSU will still have more titles than Ole Piss. Hope that helps you feel good.
Posted by lsuoilengr
Member since Aug 2008
5529 posts
Posted on 9/25/26 at 5:48 pm to
We need to find Brian Kelly a job
Posted by John Casey
New Orleans
Member since Nov 2016
4523 posts
Posted on 9/25/26 at 6:11 pm to
quote:

That’s because the UMAA maintains the finances for the athletic department and is a private organization therefore is not reported on.


Is UMAA not doing the same thing as TAF or is UMAA raising money for the Ole Miss athletic department and then not transferring the funds to the athletic department to offset the deficits?
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73882 posts
Posted on 9/25/26 at 6:15 pm to
The UMAA holds the money. The athletic department tells them what they need and then they deliver. Most years, we report breaking even.

Revenue from the events, concessions, etc. do go straight to the department if im not mistaken. TV/Bowl/etc also go straight to the department.
Posted by RD Dawg
Atlanta
Member since Sep 2012
28485 posts
Posted on 9/25/26 at 6:38 pm to
quote:

school that does what needs to be done thanks to Title IX.


Title IX is a drop in bucket in $166 million deficit over the last 6 years. Title IX wasn't the reason you stupidly paid $3.3 million per year to Kim Mulkey (LSU fans on this board continually said she would "pay for herself" through "fund raising" or the reason you have the highest paid coach in college baseball.

You guys spend like drunken sailors because the self worth of your entire fan base revolves around the success of LSU sports.
Posted by NoEmpathy
Your girls cooter
Member since Feb 2023
620 posts
Posted on 9/25/26 at 6:40 pm to
quote:

$150,000,000 owed to ex coaches and athletic directed. Wow…an athletic department losing a quarter of a billion dollars




You are talking academics and said $150,000,000 is a quarter of a billion. Math is hard. Moron.
Posted by NoEmpathy
Your girls cooter
Member since Feb 2023
620 posts
Posted on 9/25/26 at 6:42 pm to
quote:

You guys spend like drunken sailors because the self worth of your entire fan base revolves around the success of LSU sports.


I mean, Georgia is in the red too. Maybe you missed that. But hey those in glass houses an shite
Posted by RD Dawg
Atlanta
Member since Sep 2012
28485 posts
Posted on 9/25/26 at 6:46 pm to
quote:

mean, Georgia is in the red too. Maybe you missed that. But hey those in glass houses an shite


Did you read the article? It was nothing more than a change in accounting metrics and over the last 6 years our surplus is $120 million+
Posted by NoEmpathy
Your girls cooter
Member since Feb 2023
620 posts
Posted on 9/25/26 at 6:51 pm to
quote:

It was nothing more than a change in accounting metrics


Posted by John Casey
New Orleans
Member since Nov 2016
4523 posts
Posted on 9/25/26 at 8:59 pm to
quote:

Most years, we report breaking even.


Ole Miss
2025 - ($5,147,021)
2024 - ($7,714,598)
2023 - ($8,024,623)
2022 - ($5,239,053)
2021 - $17,631,145
Total - ($8,764,150)

LSU
2025 - $3,807,858
2024 - $1,735,562
2023 - $1,365,981
2022 - $6,538,983
2021 - ($9,621,909)
Total - $3,826,475
Posted by Soonerd78
Member since Sep 2024
3556 posts
Posted on 9/25/26 at 10:12 pm to
Getting kicked out of a conference should help with your financial problems! LSU makes a lot of bad decisions but this one may be the most fatal .
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
73882 posts
Posted on 9/25/26 at 11:50 pm to
Oh shite all of the history started in 2021?
Posted by geauxbrown
Louisiana
Member since Oct 2006
29773 posts
Posted on 9/25/26 at 11:59 pm to
9 pages about the LSU athletic budget.

What a time to be alive.
Posted by John Casey
New Orleans
Member since Nov 2016
4523 posts
Posted on 9/26/26 at 12:17 am to
quote:

Oh shite all of the history started in 2021?


That’s all Ole Miss had posted on its website and 5 years felt like a good enough sample size, lol.
Posted by atlantarebs
Member since May 2016
926 posts
Posted on 9/26/26 at 7:36 am to
Being as ignorant as you is truly impressive

Ole Miss hits record enrollment for the 3rd straight year
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