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UT Vols athletics’ $6.5M deficit in 2018 due in large part to Butch Jones, John Currie

Posted on 2/22/19 at 8:49 pm
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/22/19 at 8:49 pm
Yikes.
quote:

Tennessee’s athletic department operated at a $6.5 million deficit during the 2018 fiscal year that ended June 30, according to UT’s annual revenue and expense report submitted to the NCAA and obtained by USA TODAY NETWORK - Tennessee via a public records request


LINK
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 2/22/19 at 8:51 pm to
I really wish Lyle would just die
Posted by Bulldogblitz
In my house
Member since Dec 2018
26774 posts
Posted on 2/22/19 at 8:51 pm to
So vols football is operating as a negative?

Cool.
Posted by Herman Frisco
Bon Secour
Member since Sep 2008
17257 posts
Posted on 2/22/19 at 8:53 pm to
Pay him so we don’t have too.
Posted by Vols&Shaft83
Throbbing Member
Member since Dec 2012
69895 posts
Posted on 2/22/19 at 8:55 pm to
quote:

So vols football is operating as a negative?


Not exactly, it's the athletic department. The football program still was revenue positive, the athletic department had to spend a lot more than usual, all the other sports, except basketball, lost money, per the usual.
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/22/19 at 8:56 pm to
Was gonna do my bankrupt/irrelevant;dr but decided not too.
Posted by Serraneaux
South of 30a
Member since Mar 2014
19606 posts
Posted on 2/22/19 at 8:58 pm to
Meh. Paper loss. Zero fcks given.
Posted by sand mountainDvalues
Member since Oct 2018
8718 posts
Posted on 2/22/19 at 9:00 pm to
Having record revenues the last 3-4 years has really shown on the field
Posted by East Coast Band
Member since Nov 2010
62729 posts
Posted on 2/22/19 at 9:08 pm to
Damn, I thought Bama owing Butch about $30k and a handful of Alabama shirts was bad enough.
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/22/19 at 9:15 pm to
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/22/19 at 9:40 pm to
Poors
Posted by OleManDixon
Lexington
Member since Jan 2018
9234 posts
Posted on 2/22/19 at 9:41 pm to
I feel like “due in large part to Dave Hart” might be more accurate.
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/22/19 at 9:48 pm to
Regardless, with the sec money they get from us, they're still bankrupt?

Horrible money management.
Posted by Mike the Tiger 1999
Weston, Florida
Member since Jul 2009
1824 posts
Posted on 2/22/19 at 11:18 pm to
Poor Botch... Personally, I’d be more pissed at the dipshit that hired him. That’s just me, though
Posted by TTsTowel
RIP Bow9den/Coastie
Member since Feb 2010
91640 posts
Posted on 2/22/19 at 11:56 pm to
I knew it was bad, but I had no idea it was that bad.

Butch Jones. Life Champion.
Posted by RedFive
Ringgold Ga
Member since Apr 2015
2168 posts
Posted on 2/23/19 at 1:19 am to
Tennessee. Lol
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37579 posts
Posted on 2/23/19 at 1:47 am to
There is really no reason for any athletic program in this conference to be in the red financially.

Morally and/or spiritually well, that’s so,etching else.

But ain’t none of us poors.

I suppose there are different levels of prosperous though, once you count endowments, emergency funds and all.

UT should never, not ever, lose money thought yet, correct me if I am wrong but has UTk not lost money something like seven of the past ten years or something like that?
Posted by WestCoastAg
Member since Oct 2012
145075 posts
Posted on 2/23/19 at 2:19 am to
quote:

There is really no reason for any athletic program in this conference to be in the red financially.

there are a bunch of reasons why athletic programs end up in the red financially and the overwhelming majority of college athletic departments do so
Posted by 2nd and 26
Member since Aug 2018
163 posts
Posted on 2/23/19 at 2:53 am to
That's a real shame.
Posted by TT9
Global warming
Member since Sep 2008
82952 posts
Posted on 2/23/19 at 7:50 am to
Indeed
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