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Started By
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Scott Woodward is ending the LSU funds transfer policy
Posted on 7/29/19 at 10:59 am
Posted on 7/29/19 at 10:59 am
64
Posted on 7/29/19 at 11:01 am to DBG
Buy your own vacuum cleaners!
Posted on 7/29/19 at 11:02 am to DBG
What a set of stones on Scott Woodward. The sky screamers just got dunked on.
Posted on 7/29/19 at 11:04 am to DBG
Agree with this move...JBE, F King, and their cronies need to stop leeching off athletics to support LSU. There’s a reason people don’t donate more to the academic side instead of athletics...it’s ran by incompetent buffoons and no telling where your money would go.
Posted on 7/29/19 at 11:04 am to DBG
Good for him
Posted on 7/29/19 at 11:05 am to DBG
Faculty gonna be salty af haha. Woodward doing his job as the AD.... make athletics prosper and make the institution worry about the educational side of things.
Posted on 7/29/19 at 11:05 am to DBG
quote:
“It’s something that’s very dangerous, when universities rely on recurring money, especially from an auxiliary like the athletic department,” Woodward said. “So no, I think, while I will always support the university in some form or fashion, we cannot sustain what we’re currently doing.”
Woodward confirmed his belief that it’s not the athletics department’s responsibility to bail a state school out.
Posted on 7/29/19 at 11:06 am to DBG
This is going to get good
Posted on 7/29/19 at 11:08 am to DBG
quote:
an unprecedented fund-transfer policy initiated by former LSU athletics director Joe Alleva
...
LSU athletics may not directly contribute funds to the university any more
What the actual frick? LSU Athletics was contributing $1 million per year when I was a student in the 80s. This isn't some Joe Alleva thing, although he may have increased it. But I'd like to see the AD still contribute something. After all, the athletes would benefit - inasmuch as they are still students on the academic side.
...aren't they?
Posted on 7/29/19 at 11:09 am to DBG
F King:
Posted on 7/29/19 at 11:11 am to DBG
Can’t say I saw this coming. This is a huge power move. Wow.
Posted on 7/29/19 at 11:11 am to DBG
With more money to work with and upgrade here, athletics is going to take off
Posted on 7/29/19 at 11:11 am to DBG
quote:
Woodward confirmed his belief that it’s not the athletics department’s responsibility to bail a state school out.
i agree completely with this..
Posted on 7/29/19 at 11:12 am to DBG
Woodward just big dicked them
Posted on 7/29/19 at 11:12 am to DBG
the stones on Woody 
. He is truly untouchable 
. He is truly untouchable Posted on 7/29/19 at 11:15 am to DBG
quote:
“It’s something that’s very dangerous, when universities rely on recurring money, especially from an auxiliary like the athletic department,” Woodward told Tiger Rag's Tyler Nunez. “So no, I think, while I will always support the university in some form or fashion, we cannot sustain what we’re currently doing.”
quote:
“I think that’s the wrong question,” Woodward said when asked about that possibility of incentivizing TAF donors to contribute to the academic side. “I think the right question is ‘What are our current donors at TAF doing for the university?’ And I have a feeling that… in both places I’ve been (Texas A&M and Washington), on average they give 1.5 times more to the academic side. I’m sure that’s the case here.
quote:
“You can’t just bifurcate or trifurcate our donors as TAF donors or LSU Foundation Donors or Alumni Association donors or Ag donors or whatever kind of donors you want to put in. You get a cross in all sorts of ways. We feed off each other, and it’s a very healthy, positive thing.”
MY AD
Posted on 7/29/19 at 11:22 am to DBG
Yes I love it. If you are not grateful for the $100 million dollars they gave you over the last ten years then bye Feleicia!
This post was edited on 7/29/19 at 11:32 am
Posted on 7/29/19 at 11:23 am to DBG
Basically Woodward is going to look at the transferring of a funds on a case by case basis.
It makes more sense than giving 10 mil a year and letting the admin do with it whatever they please. I am sure that Athletics will still provide a solid amount, just for necessities rather than frivolous spending.
It makes more sense than giving 10 mil a year and letting the admin do with it whatever they please. I am sure that Athletics will still provide a solid amount, just for necessities rather than frivolous spending.
Posted on 7/29/19 at 11:25 am to DBG
quote:
“It’s something that’s very dangerous, when universities rely on recurring money, especially from an auxiliary like the athletic department,” Woodward said. “So no, I think, while I will always support the university in some form or fashion, we cannot sustain what we’re currently doing.”
Woodward confirmed his belief that it’s not the athletics department’s responsibility to bail a state school out.
My. fricking. AD.
He's sending a message loud and clear to LSU and Louisiana leadership: clean up your own problems, stop relying on football to bail you out. It may not always be there. Spend your money wisely, athletics will donate as they see fit.
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