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re: Athletic Department Debt
Posted on 1/12/17 at 10:07 pm to Sasquatch Smash
Posted on 1/12/17 at 10:07 pm to Sasquatch Smash
Maybe it's cheaper to keep a cash surplus and keep the debt out there on a loan due to low interest rates?
Another article in the series talks about Alabama's debt over 200k, but...
LINK
Very interesting reads regardless.
Another article in the series talks about Alabama's debt over 200k, but...
quote:
Just in case they don’t, Alabama athletics has set aside a reserve fund of about $180 million, enough to cover the costs of the entire athletic department at most top-tier football schools for three years.
LINK
Very interesting reads regardless.
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