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TigerBait1127 
New Orleans Saints Fan
BR
Member since Jun 2005
23642 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:03 pm to Golfer)
quote:
To be fair there is still significant waste at LSU A&M.
I'm well aware of the shitiness that is LSU A&M
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LouisianaLonghorn 
LSU Fan
Austin, Texas
Member since Jan 2006
4485 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:12 pm to Keys Open Doors)
quote:
Well nothing short of an amendment to the state constitution (or the elimination of redundant fourth-tier directional schools and HBCUs) is going to have that kind of significant impact on the budget of LSU.
This. We've been saying this for a long time and nothing has changed.
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NathanL
LSU Fan
Member since Nov 2012
179 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:15 pm to LouisianaLonghorn)
Saw an article earlier this week where Tenn. was stopping their $6 million contribution from the AD to the university for the next 3 years in an effort to shore up the athletic department I guess.
I guess the story is don't get too dependant on it.
This post was edited on 12/12 at 11:16 pm
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SabiDojo 
South Alabama Fan
Open to any suggestions
Member since Nov 2010
9202 posts
 Online
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:19 pm to Golfer)
I hope the majority of this money goes to actual academic use as opposed to things such as "administrative costs" and the sort.
LSU is a school that needs a better academic reputation. It should be the goal of the University to break the Top 100.
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TulemTiger
LSU Fan
New Orleans
Member since Dec 2012
80 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:27 pm to TigerBait1127)
quote:
so you would continue to let the university die?[/quote]
LSU admin should turn to the Stanford Business school and ask for an evaulation/plan to make money. If anyone thinks that LSU or most schools are edjumakiting students ...well lookie here I gotsa a bridge.
How many get degrees in General Studies..etc..worthless in the real world. Look under any job site and see if LSU is graduating enough or training enough to get A JOB.
kinda the purpose right, besides tapping sluts/doing blow...which you can do better/more with a job
prevent defense: Yes, I know not all degrees worthless at LSU - no shite.
But if something is not working- find a plan and just do it for Christ's sake...
This post was edited on 12/12 at 11:52 pm
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quail man 
USA Fan
New Orleans Pelicans Fan
Member since May 2010
15412 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:50 pm to TulemTiger)
what in the frick are you talking about, dude? 
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TulemTiger
LSU Fan
New Orleans
Member since Dec 2012
80 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:54 pm to quail man)
letquote:
what in the frick are you talking about, dude?
let me guess.. you have a General studies degree?
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LSUsCRYSTALball
LSU Fan
Member since Dec 2012
1697 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:55 pm to Golfer)
Thank you.this is very necessary.
No money = no students = no sports
Love lsu. Academics are first
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cas4t
Middle Tennessee Fan
Member since Jan 2010
11457 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/12/12 at 11:55 pm to TulemTiger)
wut
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TulemTiger
LSU Fan
New Orleans
Member since Dec 2012
80 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 12:01 am to cas4t)
OK..here you go
LSU athletics keeps all the moula and keeps the mack truck rolling
then...
LSU admin gets a NEW business model...cause the one they have now SUCKS
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YouthInAsia 
Florida State Fan
Member since May 2008
361 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 6:47 am to TulemTiger)
quote:
I don't like subsidizing shitty planning by politicians and lazy professors...
So it's a college professor's job to turn a profit for the university? Oh, sorry, my mistake. I always thought it was to educate students in the not-for profit environment that a state university is supposed to be set up to be.
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GFunk
LSU Fan
Denham Springs
Member since Feb 2011
7638 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 6:52 am to Golfer)
quote:
While I understand what you are saying, TA is making a valid point that the University should pursue better methods of overcoming the budget shortfall instead of effectively raping LSU Fans..
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Raz
LSU Fan
PMs with LLotOTs
Member since Oct 2006
5304 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 7:08 am to YouthInAsia)
quote:
So it's a college professor's job to turn a profit for the university? Oh, sorry, my mistake. I always thought it was to educate students
not sure if serious...
This post was edited on 12/13 at 7:08 am
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TheDoc
USA Fan
Louisiana
Member since Dec 2005
88143 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 7:19 am to YouthInAsia)
quote:
Oh, sorry, my mistake. I always thought it was to educate students in the not-for profit environment that a state university is supposed to be set up to be.
Where does the money come from?
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tigerfan in bamaland
LSU Fan
Behind enemy lines
Member since Sep 2006
24410 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 7:22 am to TheDoc)
quote:
Where does the money come from?
magic
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Bigsike
Nicholls St. Fan
Member since Jan 2009
1332 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 7:58 am to Golfer)
Their funding is being cut by the state but they are not allowed to charge what they want for tuition. To make up the difference you either cut people, close programs/departments or you accept money from athletics. This is no different from what is going on at every school around the state.
If the bill to allow universities to bring tuition up to the southern region averages passes you will start to see our universities thriving again.
This will trickle down to your pockets eventually as your kids will be paying more for tuition.
Pick your poison
This post was edited on 12/13 at 7:59 am
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the LSUSaint
LSU Fan
Member since Nov 2009
4930 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 8:09 am to Bigsike)
My question about the money is this: Where does the rest of the "profits" go?
It says that the AD is giving 45% of the PROFITS to the university academic side. I would assume that is net profits. Which would also lead one to assume that ALL expenses for the athletics were taken out before the split.
IF that is the case, why is it only 45% and where does the other 55% go if all athletic expenses were paid before the split?
Not flaming, just wondering what goes on with profits from those who might really know.
This post was edited on 12/13 at 8:17 am
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Tiger2763
Member since Aug 2011
122 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 8:14 am to Bigsike)
Officials from BR to Washington have forgotten how to control themselves and not spent money they don't have.
Everyone, well most people, know how to do it when it's their own money. But somehow when it's other peoples money they are responsible for, they spend like 'drunk sailors' and go crazy.
What is it going to take for these people to learn to not spend money the do not have?
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Bigsike
Nicholls St. Fan
Member since Jan 2009
1332 posts
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 8:23 am to the LSUSaint)
I would have to assume that the money is saved for capital projects or if they have to fire a coach. :)
I am sure it is reinvested in the department some kind of way.
This post was edited on 12/13 at 8:26 am
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Alt26
LSU Fan
Member since Mar 2010
1418 posts
Online
| re: LSU Athletic Department donated 45% of its 2012 profits to the University (Posted on 12/13/12 at 8:31 am to Golfer)
It's great that LSU (Athletics) is in a position to help LSU (Academics). However, one of the potential problems I see is that all (public) universities in Louisiana are facing budgets shortfalls and cuts, and not all have a profit generating athletic dept. to get extra funding from. What happens when the UL's, McNese, NSU, etc. complain that it's unfair that their schools have to make cuts while LSU is supplemented by the athletic dept.? It's feasable that the legislature will look to send more tax dollars their way (away from LSU). LSU will then become reliant on the supplemental fuding from the AD for their annual budget, not just a temporary life-line in a tough economic climate.
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