re: Texas A&M leads the league in athletic debt at 279 million

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Mulkey signed an eight-year contract with LSU in the spring of 2021, worth roughly $2.5 million per year. Not only did Mulkey make some history for LSU, but she firmly cemented her legacy among the greatest women's basketball coaches in the history of the sport.“

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Don't care how many championships she wins, there's zero chance her sport will generate enough income to support her salary.

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Has anyone done less with more?

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if you were a real longhorn fan I'd say we should keep our fricking mouths shut on this. We haven't done any better than A&M in a long time.
but since you're an aggie....go frick yourself.

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Public finance is not owning land and making millions off of oil & gas leases, like TA&M & UT do.

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The dividends from the PUF don't go to athletics, not sure what/how much state funding is involved, but the PUF is only for academic advancements.

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UT & A&M are 100% naturally self funded. Texas gives back $10M+ to the University (more if you count the LHN cut).

Keep in mind the pencil whipping going on with all of the books, the scholarship revenue covered by AD's are based on full tuition.. avg student body is not paying anywhere near that.

A&M's debt to earnings ratio is fine, the debt service is actually on the expense report for NCAA AD's since 2016. While they may not kick back to the university as much as most top revenue programs, they are covering their expenses and some excluding the covid year.

Even if one of these top programs somehow found themselves in real trouble, we'd never know as the list of donors would be lined up out the door to keep them floating.. the local community and university economic benefits dwarf any subsidies that could ever be required.

Probably a pretty good bet that all B1G and SEC (including OU and Texas) schools on that list are fine. Most of that is probably bond for facilities and the like.

Now if I were Cal, San Diego St and a few other schools on that list, I would have a little concern.

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What does LSU have to show for their debt?

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Championships

Why is it always LSU posters that are obsessed with A&M’s finances?

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But lsu probably did the same as Aggie, got the funds from a successful capital campaign, then put it in the bank earning 5% while financing it at 3%


Longhorns are the only major program to fail and multiple campaigns and have to forfeit revenue from major sports to get themselves new facilities

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Whatever slim mileage you ever got out of your fish camp fantasies, they are nearing expiration. You should focus your energies on finding another WW1 era fake national championship. More realistically, work on finding a few more asterisk divisional championships.

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Cal must be panicked AF right now. All that debt, their conference is collapsing around them, and they currently have no where to go.

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They're probably donating 50 million to the reparations fund and raising all the non minority tuition lol. They deserve every bit of this shite.

Nothing in A&Ms or LSU’s history is as embarrassing as failing with 4 financial campaigns asking donors, no begging donors to help raise money for your basketball venue and after 9 years only getting less than 8% donated. Only after the embarrassing news broke did Moody foundation step forward and private investors agree to take your venues revenue for decades in exchange for giving you a new venue

Like I said, no major university athletic program that I know of has ever suffered such an embarrassment