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re: Texas Athletic Department in debt?

Posted on 9/15/11 at 12:18 pm to
Posted by Big Kat
Member since Feb 2009
5910 posts
Posted on 9/15/11 at 12:18 pm to
Yes, most programs carry debt. But the point is UTa blasted A&M for taking a 16M interest free loan from the university. Every talking head in Texas claimed we were in trouble of going bankrupt. All the while, UTa has over $200M in debt. I do not believe that number is normal!
Posted by TheFolker
Member since Aug 2011
5220 posts
Posted on 9/15/11 at 1:10 pm to
Kentucky's athletic department operates in the black, but of course we don't fully fund a competitive football program.
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