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Message
How does Auburn have so much money
Posted on 12/16/20 at 7:39 am
Posted on 12/16/20 at 7:39 am
its like they have this massive war chest and have no problem spending it and running out coaches. Yet Lsu was so worried about the money when miles was fired they would not get into a bidding war with jimbo
14
Posted on 12/16/20 at 7:45 am to bdavids09
And LSU has plenty of money. There are just a bunch of morons who control a majority of it.
Posted on 12/16/20 at 7:53 am to bdavids09
The SEC network mainly. Also Jimmy Raines.
Posted on 12/16/20 at 8:02 am to bdavids09
All SEC schools have a bunch of money. It just depends on who is controlling the purse strings when and where it gets spent.
Posted on 12/16/20 at 8:13 am to IAmNERD
The have a few loaded boosters who don't mind paying coaches' buyouts.
Posted on 12/16/20 at 8:14 am to ipodking
THEY HAVE GUYS THAT PAST AS BAMA PLAYERS - TAKE THE MONEY FROM BAMA & SUPPORT AUBURN
Posted on 12/16/20 at 8:15 am to bdavids09
We dont waste money upgrading our stadium so we have cash to fire morons.
Posted on 12/16/20 at 8:17 am to bdavids09
Rane and Harbert
Posted on 12/16/20 at 8:25 am to bdavids09
Well Louisiana isn’t a beacon of economic prosperity
Posted on 12/16/20 at 8:29 am to bdavids09
They have about $25 million less this week 
Posted on 12/16/20 at 8:30 am to bdavids09
Easy enough... AU has graduated numerous alumni with political and economic power as they are the cream of the socioeconomic crop.... That and they care about Auburn...
Posted on 12/16/20 at 8:34 am to ipodking
Yep. Dude is worth $900 mil.
Posted on 12/16/20 at 8:53 am to Alatgr
quote:
Yep. Dude is worth $900 mil.
Rane? I never would have guessed near that
Posted on 12/16/20 at 8:56 am to bdavids09
YellaWood
Posted on 12/16/20 at 9:17 am to bdavids09
Posted on 12/16/20 at 9:42 am to elcid
I got on a LSU alumni call once at work and was slightly amused/embarrassed to hear that LSU alumni give back the least amount of money (not sure if gross amt or as a percent, but think it was both) of any school in the conference.
Posted on 12/16/20 at 10:14 am to bdavids09
quote:
its like they have this massive war chest and have no problem spending it and running out coaches. Yet Lsu was so worried about the money when miles was fired they would not get into a bidding war with jimbo
Firing coaches and paying buyouts requires liquidity, either in the form of unallocated profits (pretty rare in an athletic department--they budget to spend everything they make in most cases) or donors who are willing to make huge donations for this purpose. Auburn has a few of the latter. A&M had one donor that was willing to put up the money for Sumlin's buyout. LSU has a lot of passionate fans, but the ones with the money may not be as willing, or as driven, to pony up for these kinds of expenses. Some folks are only willing to write big checks if they get something named after them, and there is no plaque anywhere commemorating the generous donor who funded a buyout.
Posted on 12/16/20 at 10:56 am to The realpurpangold
quote:
I got on a LSU alumni call once at work and was slightly amused/embarrassed to hear that LSU alumni give back the least amount of money (not sure if gross amt or as a percent, but think it was both) of any school in the conference.
I believer we are the only ones that donate more to Athletics than academics
Posted on 12/16/20 at 11:20 am to bdavids09
They're better at embezzling from hospitals than LSU?
Posted on 12/16/20 at 11:31 am to twk
quote:YellaFella is like a 10 year old fanboy in a rich adult's body. There is a reason the commercials all those years had all the different coaches in them. He pretty much interviewed and hired Tuberville away from Ole Miss during a charity golf event. He was also the one making overtures to Houston Nutt before the season was over in 2008. Wouldn't surprise me if he set up the meeting between Lowder/Housel/Walker and Petrino in 2003.
Firing coaches and paying buyouts requires liquidity, either in the form of unallocated profits (pretty rare in an athletic department--they budget to spend everything they make in most cases) or donors who are willing to make huge donations for this purpose. Auburn has a few of the latter. A&M had one donor that was willing to put up the money for Sumlin's buyout. LSU has a lot of passionate fans, but the ones with the money may not be as willing, or as driven, to pony up for these kinds of expenses. Some folks are only willing to write big checks if they get something named after them, and there is no plaque anywhere commemorating the generous donor who funded a buyout.
He was also, at one time, the chair of the Auburn Board of Trustees athletics committee. He basically bragged at an event in Huntsville that Auburn didn't hire a coach in any sport without his approval.
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