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re: Texas Athletic Department in debt?
Posted on 9/15/11 at 2:18 pm to Chicken
Posted on 9/15/11 at 2:18 pm to Chicken
Everybody carries debt, but that is a pretty large debt. That $15 million from the LHN is important to them in that it alone would basically service that debt and free up some other money for other purposes.
1
Posted on 9/15/11 at 3:02 pm to Hawgon
Texas athletics are only getting 3.4M for the first few years. About 7.5M goes to academics and the rest to IMG.
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