- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I miss Pat Henry!!!
Posted on 3/15/12 at 9:46 pm to Stevo
Posted on 3/15/12 at 9:46 pm to Stevo
quote:
First, let's begin with the fact that Texas A&M has a lot more money than LSU. Way more.
"Four years ago, former A&M President Robert Gates and Byrne agreed that the athletics department would receive a $16 million line of credit from university funds for coaches' salaries and new facilities. The deal allowed the department access to the credit for four years, with 10 years to repay the money without interest. The first quarterly payment is due Nov. 30." LINK
1
Posted on 3/15/12 at 10:25 pm to LSU NO Tigah
thanks for proving my point. LSU wouldn't have that kind of money to "lend" to the athletic dept. To nail down the point, try googling "university endowments". Forbes ranks the Texas A&M system as the 4th fastest-growing university in endowments, and they're the 10th largest overall in endowments at $5.7 billion.
This post was edited on 3/15/12 at 11:10 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News