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re: Texas A&M leads the league in athletic debt at 279 million
Posted on 8/6/23 at 3:20 pm to BurntOrangeMan
Posted on 8/6/23 at 3:20 pm to BurntOrangeMan
1
Posted on 8/6/23 at 3:20 pm to BurntOrangeMan
No you haven’t, as a donor, largest individual donor in Travis county Texas exes at one time, I received the letters begging
Sit down kid you haven’t any ground to stand on that’s credible
Sit down kid you haven’t any ground to stand on that’s credible
Posted on 8/6/23 at 4:35 pm to Old Sarge
Idiot, UT didn't even announce the start of planning until 2017.
By 2019 the Moody Foundation (UT alumn) donated $130M to the University which is more than double the value of your trash $60M arena and UT finalized the partnership with the Oak View Group to build the $350M venue at no cost to the University with OVG also handling the management in return for future revenue splits.
2022 the facility opened it's doors for business.
How's business going for the ZERO up front cost world class facility valued at SIX times your than trash hole doing? It's the world's most profitable 10k-15k seating facility generating more annual profits than Reed Arena will in its lifetime.
Good luck with you pawns ever having the resources, leadership and market to ever dream of getting anyone to take your phone call on a deal like that. shite, you fricks weren't even capable of riding our coattails on the deal with ESPN that turned into the LHN.
Pretty stark difference in the picture you painted Ol' Marge, but what would we expect from the broke arse "We Rich!" clowns in BCS.
Billboard revenue reporting
UT Alumni's Family Foundation Gives $130M
UT President Oversees Unprecedented Partnership
By 2019 the Moody Foundation (UT alumn) donated $130M to the University which is more than double the value of your trash $60M arena and UT finalized the partnership with the Oak View Group to build the $350M venue at no cost to the University with OVG also handling the management in return for future revenue splits.
2022 the facility opened it's doors for business.
How's business going for the ZERO up front cost world class facility valued at SIX times your than trash hole doing? It's the world's most profitable 10k-15k seating facility generating more annual profits than Reed Arena will in its lifetime.
Good luck with you pawns ever having the resources, leadership and market to ever dream of getting anyone to take your phone call on a deal like that. shite, you fricks weren't even capable of riding our coattails on the deal with ESPN that turned into the LHN.
Pretty stark difference in the picture you painted Ol' Marge, but what would we expect from the broke arse "We Rich!" clowns in BCS.
Billboard revenue reporting
UT Alumni's Family Foundation Gives $130M
UT President Oversees Unprecedented Partnership
Posted on 8/6/23 at 5:10 pm to BurntOrangeMan
Color me confused by Ole Sarge. I got no idea what he is going on about.
Posted on 8/6/23 at 5:25 pm to BurntOrangeMan
Spinning failure to raise funds
All your uneducated post does is confirm you do NOT contribute to UT
All your uneducated post does is confirm you do NOT contribute to UT
Posted on 8/6/23 at 5:27 pm to tigerskin
As I suspected this list you linked doesn't tell the entire story. People are talking here like LSU is losing money and they are not and haven't in a very long time. Who gives a damn if you are carry a debt as long as your are profitable and paying the bills and LSU is. What other schools do I do not care.
LINK /
LINK
LINK /
LINK
This post was edited on 8/6/23 at 5:31 pm
Posted on 8/6/23 at 7:14 pm to BurntOrangeMan
I understand that PUF funds do not go towards athletics, however if your “further education fund” is full, where do you think remaining finances are allocated? Most schools do not have the benefit of revenue like Texas & Texas A&M (& good for those Universities to have the insight for land ownership for their benefit).
Posted on 8/6/23 at 7:45 pm to DawgsLife
*3
Posted on 8/6/23 at 8:02 pm to meansonny
Rumor has it that GT is still in debt for their n end zone addition and it’s something like 20 years old. They borrowed millions for that ugly artificial turf that turns brown when it rains. I’ve heard that they are so short of money that they are only able to pay the interest on their loans and that they are actually thinking about taking down those still unpaid for n stands (with the only half way decent concourses and bathrooms in the entire stadium - you should see some of those old bathrooms at GT. It’s like something from the medieval age - dirt walls kept in place with metal wire).
They want the still unpaid for north stands removed because all those empty seats look really bad on tv. The rest of the stadium looks empty too so that won’t solve the problem.
They want the still unpaid for north stands removed because all those empty seats look really bad on tv. The rest of the stadium looks empty too so that won’t solve the problem.
This post was edited on 8/6/23 at 8:03 pm
Posted on 8/6/23 at 8:08 pm to tigerskin
top 20 
Posted on 8/6/23 at 9:30 pm to Old Sarge
quote:
No you haven’t, as a donor, largest individual donor in Travis county Texas exes at one time, I received the letters begging
Sit down kid you haven’t any ground to stand on that’s credible
Well that's odd, if you were the largest Travis County LHF donor in that period of time I was at your funeral in 2015.
Posted on 8/6/23 at 10:26 pm to BigNastyTiger417
quote:
I understand that PUF funds do not go towards athletics, however if your “further education fund” is full, where do you think remaining finances are allocated?
UT Austin runs on a $3.5B annual budget, the PUF funding is 10-15% of that and any excess revenue goes into investment mgmt by the same group that handles the PUF accounts. No bonds/loans/interest etc can be used for athletic dept purposes if it's related to the PUF dividends or principal.
quote:
Most schools do not have the benefit of revenue like Texas & Texas A&M (& good for those Universities to have the insight for land ownership for their benefit).
And lucky for A&M, they had zero to do with the oil discovery, development or any University Land related mgmt. It wasn't that long ago they had zero to do with the investments mgmt of the mineral/surface proceeds & even today it's a fraction of the ultimate mgmt control the UT Regents have over the principal funds. A&M's good fortune was the State of Texas Constitution being written with a few years of the schools foundings and the undetermined future of A&M's status as separate and not a branch of The University. To date UT has received $36B from the PUF dividends while A&M has received $15B and no other state university system has received a dime. A&M fought several decades to get their slice and the others have tried even longer to no avail.
Posted on 8/6/23 at 11:38 pm to Mr Sausage
Usually one doesn't tell a bitch a third time when she's already sporting two black eyes, but I went ahead called your bluff missy.
Any more comments bitch?
Any more comments bitch?
Posted on 8/6/23 at 11:56 pm to ColoradoElkHerd
quote:
Got a new stadium at 1% interest rate. You obviously never studied business.
What does LSU have to show for their debt?
03, 07, 19 Football
09, 23 Baseball
23 WBB
South Stadium Expansion
Alex Box
New Softball Field & Tennis
Posted on 8/6/23 at 11:58 pm to BurntOrangeMan
You are the only bitch in this thread.
Posted on 8/7/23 at 12:01 am to BurntOrangeMan
We get it dude you make up for your micropenis by beating your chest about other peoples money. What a sad life.
Posted on 8/7/23 at 5:03 am to hookem33
quote:Texas has won more national titles than any other athletic dept in the past 3 years
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.
Y’all realize that football is not the only sport that money from the revenue is spent on, right?This post was edited on 8/7/23 at 5:06 am
Posted on 8/7/23 at 7:25 am to CBP3110
quote:
*3
The figures are current. Is Texas currently in the SEC?
Posted on 8/7/23 at 7:33 am to GAT BoilerPickle Doc
quote:
Has anyone done less with more?
You do understand that Texas is not too far behind Texas A&M and Texas has lost fewer than 4 games once in the last 13 years? Granted A&M has lost fewer than 4 games in only two, but they were 11-2 and 9-1 (Covid) Not great, but much better than Texas.
Posted on 8/7/23 at 8:08 am to DawgsLife
That pickle moron is just a Troll he's not a real Texas Fan I need to stop responding to that idiot
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