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AllBuffs | Unofficial fan site for the University of Colorado at Boulder Athletics programs

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Mac on 102.3 NOW.....

sackman said:
Absurd. Who the hell comes up with stuff like this, anyway? Barnett has been gone for seven years. You honestly think we still owe him money? The stadium boxes have been sold out for the last 5 years (unbelievable, I know). This stuff is just crazy. I'm sure we probably still owe Bill Mallory, right?
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dont yell at me! :cry: I was just passing it along! :cry:
 
sackman said:
Absurd. Who the hell comes up with stuff like this, anyway? Barnett has been gone for seven years. You honestly think we still owe him money? The stadium boxes have been sold out for the last 5 years (unbelievable, I know). This stuff is just crazy. I'm sure we probably still owe Bill Mallory, right?
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I don't think Barnett, Hawkins, etc. are still "owed" money. They were probably paid off immediately upon arriving at the terms of their settlement.

But that money had to come from somewhere. In this case, the athletic department had to borrow money from the general fund. Then that money is paid back over time. So it's a possibility that they are still paying back SOME of the money that they previously borrowed from the general fund.
 
As to finances. I still want to know where the hell we sit. I think the AD owes full disclosure on the balance sheet. What do they call it these days? Transparency or some such ****?
 
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