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Tiger Rag Magazine says LSU only had a surplus of $3.8M in 2025 & in a mountain of debt
Posted on 3/1/26 at 11:15 am
Posted on 3/1/26 at 11:15 am
For 2026 according to Verge. Says no one is buying out Kelly and that was just a rumor. The entire Kiffin hire is betting on making it to the playoffs to be in the red and says football pays for every sport including baseball.
LSU in $30M red vs being a $1.54B franchise
LSU in $30M red vs being a $1.54B franchise
33
Posted on 3/1/26 at 11:19 am to NPComb
quote:
The entire Kiffin hire is betting on making it to the playoffs to be in the red
So we hired Kiffin to lose money? That don’t even make sense.
This post was edited on 3/1/26 at 11:20 am
Posted on 3/1/26 at 11:23 am to NPComb
I read the article and it left me with a lot of questions.
It said boosters couldn’t buy out BK because the state is obligated, but they went on to say boosters help buy out Orgeron.
It also said we just got 70+ million in revenues from the SEC distribution which was about 20 million dollars more than the previous year. That offsets the revenue sharing that begins this year.
They also talked about a large surplus put together over time.
I didn’t understand why they are short 30 million when the BK buyout is only about 10 million per year.
It is a very long article and very confusing.
It said boosters couldn’t buy out BK because the state is obligated, but they went on to say boosters help buy out Orgeron.
It also said we just got 70+ million in revenues from the SEC distribution which was about 20 million dollars more than the previous year. That offsets the revenue sharing that begins this year.
They also talked about a large surplus put together over time.
I didn’t understand why they are short 30 million when the BK buyout is only about 10 million per year.
It is a very long article and very confusing.
Posted on 3/1/26 at 11:28 am to BigBinBR
Guilbeau clickbait
Posted on 3/1/26 at 11:32 am to NPComb
Every athletic department is in uncertain times yet we are still one of the healthier situations.
That won’t stop Junior and Lulu from melting over some Glenn slop.
That won’t stop Junior and Lulu from melting over some Glenn slop.
Posted on 3/1/26 at 11:40 am to NPComb
quote:
“I’m talking with corporations, and they’re telling me, ‘We want to be part of LSU right now. Your brand is the strongest.’ Even people who have given other schools around the country a lot of money are saying, ‘Hey, we want a piece of LSU.’ We’re one of the top three brands in the country.”
He credits the coaches who amplify it: “Kim Mulkey is part of that. Jay Johnson is part of that. Lane Kiffin is part of that… What Kim Mulkey brings to the table for us, we can’t buy. It’s priceess.”
Sounds like the people worrying about CJJ and baseball can relax a little and the "fire Mulkey, she costs too much" crowd will be crying themselves to sleep tonight.
Posted on 3/1/26 at 11:44 am to NPComb
I am not clicking that link after hovering over and seeing where it's coming from. Stop giving that guy clicks please.
Posted on 3/1/26 at 11:50 am to SpartanSoul
quote:
Sounds like the people worrying about CJJ
Jay isn’t going anywhere. LSU baseball has a NIL war chest of 3+ million.
Posted on 3/1/26 at 11:51 am to NPComb
Because businesses (I know that it isn’t a true business) just love to show a huge surplus on the ledger….
What benefit does LSU get from showing huge profits from sports? What do they get out of showing any profit at all?
As long as they are marginally in the green and the product on the field is good, it’s a win.
What benefit does LSU get from showing huge profits from sports? What do they get out of showing any profit at all?
As long as they are marginally in the green and the product on the field is good, it’s a win.
Posted on 3/1/26 at 11:52 am to doubleb
quote:
It said boosters couldn’t buy out BK because the state is obligated, but they went on to say boosters help buy out Orgeron.
lol if it said that about boosters not buying out Kelly, that is FALSE. Maybe, they don’t want to buy him out because paying it over time and waiting for him to find another job.
Posted on 3/1/26 at 11:56 am to friendlyobservation
Exactly. Just say no to the Guil-deau.
Posted on 3/1/26 at 11:56 am to NPComb
quote:
Says no one is buying out Kelly and that was just a rumor.
Yea. No shite.
Posted on 3/1/26 at 11:58 am to NPComb
Surplus , in debt. OKJan
Posted on 3/1/26 at 11:59 am to NPComb
Don't read Tiger Rag. I have looked at it as it were a gossip magazine since they brought on Guilbeau.
This post was edited on 3/1/26 at 12:02 pm
Posted on 3/1/26 at 11:59 am to SpartanSoul
quote:
He credits the coaches who amplify it: “Kim Mulkey is part of that. Jay Johnson is part of that. Lane Kiffin is part of that… What Kim Mulkey brings to the table for us, we can’t buy. It’s priceess.”
Bu-bu-but—-wOmEn’S bAsKeTbAlL lOsEs MoNeY!
This post was edited on 3/1/26 at 12:01 pm
Posted on 3/1/26 at 12:06 pm to timlan2057
quote:
Bu-bu-but—-wOmEn’S bAsKeTbAlL lOsEs MoNeY!
From Google AI
quote:
LSU women's basketball operates with one of the highest budgets in the country, spending approximately $12.09 million in the 2024-25 fiscal year, driven by high investments in head coach Kim Mulkey and her staff ($6M in salaries). Despite generating record ticket sales of over $1.6 million, the program operates at a deficit, with a loss of roughly $7.9 million reported in early 2026.
Posted on 3/1/26 at 12:09 pm to lsufan1971
quote:
From Google AI
I read the quote before, shithead. It’s been posted here a million times. You can cook the books any way you want to. The point is the overall value Kim Mulkey brings to LSU athletics and Verge Ausberry is thrilled about it.
Or is your reading comprehension so lacking that you didn’t get the context of my post within the overall thread?
Posted on 3/1/26 at 12:14 pm to NPComb
This is just stupid and clickbait to stir drama. There is no way even Woodward and LSU is that damn stupid to put LSU in that much debt and fire BK if they knew nobody was going to pay or help with the buyout. There is always 10 different stories with stuff like this but this article is by far the least believable of them all.
Posted on 3/1/26 at 12:21 pm to NPComb
Great article.
Very informative.
That's what journalism looks like.
Too bad Tiger Droppings thinks reporting is posting childish high school videos from X and Instagram.
Very informative.
That's what journalism looks like.
Too bad Tiger Droppings thinks reporting is posting childish high school videos from X and Instagram.
Posted on 3/1/26 at 12:36 pm to NPComb
Debt is not bad as long as there is a fiscally responsible way to pay it off.
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