ahoelsken
Well-Known Member
**** the Big 12. They need to collapse that **** heap and roll up the four schools that that Pac-12 wants into the Pac-16.
Their TV contract pays their schools more than ours pays us lol
**** the Big 12. They need to collapse that **** heap and roll up the four schools that that Pac-12 wants into the Pac-16.
**** that. I dont want to play with those hill billies. I want to play on the west coast.**** the Big 12. They need to collapse that **** heap and roll up the four schools that that Pac-12 wants into the Pac-16.
Their TV contract pays their schools more than ours pays us lol
it built up savings of nearly $500 million to help mitigate the financial impact of a lost tournament. Then, in 2015, new NCAA leadership decided to spend more than $400 million of those savings without increasing the NCAA’s insurance coverage
Lol you'd think they would hold off until the tournament was either played or not played to spend money they saved specifically for the possibility of the tournament not being played.As if we needed any more evidence that the NCAA is run by a bunch of incompetent boobs.
The NCAA saved money in case of a canceled March Madness. Then it spent it.
The insurance coverage was $270 million. The tournament generates $800 million.
The rainy day fund was pretty much the perfect size.
Until the idots running the show went and spent it.
Think about your comment a moment. They spent the money in 2015; the tournament was played in 2015. I'm not sure you understand how rainy-day funds are supposed to work.Lol you'd think they would hold off until the tournament was either played or not played to spend money they saved specifically for the possibility of the tournament not being played.
My mistake, I completely missed the 2015 part and thought it was referring to money saved or built up over the course of this season. Obviously wasn't paying close attention or thinking very well this morningThink about your comment a moment. They spent the money in 2015; the tournament was played in 2015. I'm not sure you understand how rainy-day funds are supposed to work.
What a shame
Not necessarily Denver, but Colorado in general. However, there are some P5 athletic departments who are solely dependent on oil guys donations. Most AD's probably have a pretty good endowment so will probably be fine in the short run. However, if this goes on for a long period, those AD's will need to make some massive cuts, especially with how most AD's are in constant building phase.Denver's economy is pretty deeply tied in too. George Solich would obviously be one example, but I'm sure there are many CU AD donors who are hurting due to the oil situation. It's almost certainly worse on the whole for the Big 12, of course.
The word I latched onto in your post is "endowment". If the market tanks, and even bonds become worthless (if states and other govt entities declare bankruptcy), those endowments will stop generating income.Not necessarily Denver, but Colorado in general. However, there are some P5 athletic departments who are solely dependent on oil guys donations. Most AD's probably have a pretty good endowment so will probably be fine in the short run. However, if this goes on for a long period, those AD's will need to make some massive cuts, especially with how most AD's are in constant building phase.
Definitely. I guess I was talking more about oil not stabilizing than the economy in general.The word I latched onto in your post is "endowment". If the market tanks, and even bonds become worthless (if states and other govt entities declare bankruptcy), those endowments will stop generating income.
University of Arizona president Dr. Robert Robbins said Wednesday that he does not anticipate the Wildcats playing football this fall, even though the university plans to bring students and faculty back to campus for face-to-face instruction during the fall semester. ...
Robbins said the scenario he is hearing the most is that fall and winter sports, including men's and women's basketball, would all be played in 2021. ...
Robbins' comments echoed those of University of Connecticut president Tom Katsouleas, who told students in a UConn journalism class teleconference Tuesday that the "current thinking is that likely fall sports will be canceled -- with the exception of those that can be played at a safe distance."
After weeks of uncertainty surrounding the upcoming college football season, 99 percent of the Football Bowl Subdivision (FBS) athletic directors polled by Stadium believe a season will be played in one form or another.
When exactly the season begins is the biggest question. Even though the start of college football is still four months away, 75 percent of the athletic directors believe the season will be delayed.
Maybe if his G'damn state would take this thing seriously he'd have a different perspective. Arizona is like Alabama West these days.
SIAP
Boise State coaches, staff to be furloughed
Boise State football coach Bryan Harsin, men's basketball coach Leon Rice and women's basketball coach Gordy Presnell are among the athletics staff members who must take 10-day furloughs.www.espn.com
The university said 12-month employees earning more than $40,000 per year are required to take furloughs between May 3 and July 31. The highest-paid employees making more than $150,000 annually will have to take 10-day furloughs.
JFC.Weird paragraph from the story:
So if you make >$40k but <$150k you are being furloughed for 2 months. If you make >$150k then you are being furloughed for 10 days.
JFC.
I know you don't political commentary in this thread, but
JFC.
I am currently on a 17 day furlough.10 day furlough? Is that normal?
Here is the direct source:SIAP
Boise State coaches, staff to be furloughed
Boise State football coach Bryan Harsin, men's basketball coach Leon Rice and women's basketball coach Gordy Presnell are among the athletics staff members who must take 10-day furloughs.www.espn.com
Edit - well, ****. Aerobuff appears to have just proved this is horsecrap.Weird paragraph from the story:
So if you make >$40k but <$150k you are being furloughed for 2 months. If you make >$150k then you are being furloughed for 10 days.
No, it's not.Maybe if his G'damn state would take this thing seriously he'd have a different perspective. Arizona is like Alabama West these days.
Edit - well, ****. Aerobuff appears to have just proved this is horsecrap.
It is a horrible look. I'm betting the thought process is "more senior employees making the decisions are more strategic and therefore, essential. They will just have to action their plans shorthanded during this tough time for all of us"
I honestly can't believe they allowed that phrasing to get out in the public. They needed to control that message.
I wonder if that was supposed to be 10 weeks (2.5 months)Weird paragraph from the story:
So if you make >$40k but <$150k you are being furloughed for 2 months. If you make >$150k then you are being furloughed for 10 days.
10 day furlough? Is that normal?
See post 194 in this thread.Heard a mention today on Kreckman’s show that NCAA may play football in the spring. Have any of you heard anything about that? Maybe they were just spitballing.