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re: Athletics transfers $10 Million+ to University this FY

Posted on 7/20/15 at 9:59 am to
Posted by Sandy_Ash
Member since Feb 2015
1162 posts
Posted on 7/20/15 at 9:59 am to
quote:

Athletics transfers $10 Million+ to University this FY
it should be $0!!!!!!!!!!!!!!
Posted by OU812
Greensboro, NC
Member since Apr 2004
12579 posts
Posted on 7/21/15 at 6:13 am to
Am I correct saying this? LSU is the only football program in FBS that receives no state tax payer money and also gives money back to the university?
Posted by tigerinridgeland
Mississippi
Member since Aug 2006
7636 posts
Posted on 7/21/15 at 6:34 am to
So you think that the athletic department isn't part of the university? The department owes its existence to the university. The money generated by the department is in fact university money, not the athletic department's money. I am glad we have a department that generates revenue. Kudos to the department. And I am glad it transfers money back to the university, but make no mistake, all of the money generated is university money. These transfers are not gifts or donations.
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