- 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: Athletic Department Debt
Posted on 1/12/17 at 10:02 pm to GeauxTigersLee
Posted on 1/12/17 at 10:02 pm to GeauxTigersLee
The only thing I can see is that is long term debt where debt for large building projects comes into play (i.e. recent south end zone expansion).
2
Posted on 1/12/17 at 10:07 pm to Sasquatch Smash
Maybe it's cheaper to keep a cash surplus and keep the debt out there on a loan due to low interest rates?
Another article in the series talks about Alabama's debt over 200k, but...
LINK
Very interesting reads regardless.
Another article in the series talks about Alabama's debt over 200k, but...
quote:
Just in case they don’t, Alabama athletics has set aside a reserve fund of about $180 million, enough to cover the costs of the entire athletic department at most top-tier football schools for three years.
LINK
Very interesting reads regardless.
Posted on 1/12/17 at 10:10 pm to Sasquatch Smash
That's a poorly written article, no mention of the TAF, which is taking on all that debt, not LSU AD. TAF, private LLC, pays for all the additions to ath. dept. additions.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News