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re: Something to be proud of -- LSU Athletic Program to support academics

Posted on 9/5/12 at 1:14 pm to
Posted by Tiger1242
Member since Jul 2011
33216 posts
Posted on 9/5/12 at 1:14 pm to
quote:

People, the claim that this is somehow a real blow to athletics is laughable. READ THE ARTICLE. It says that athletics keeps 100% of any surplus up to $3 million, 75% of any surplus between 3 and 5 million, and 50% of any surplus beyond that. We are talking here about a relatively small portion of the Athletic Department's SURPLUS funds. It's not like this is going to cause the track team to go without shoes, for God's sake!



:kige:
Not to mention this is just formalizing what pretty much already happens
Posted by Tiger1242
Member since Jul 2011
33216 posts
Posted on 9/5/12 at 1:17 pm to
quote:

If Jindal had the kahunas to change the state charter to allow very small across-the-board cuts to all state agencies instead of """""""""""JUST"""""""""""" health care and higher education....but no. Jindal has sorely disappointed me.


I guess you missed the part where Jindal proposed a budget in February that took exactly $0 from higher education but it got shot down... LINK
This post was edited on 9/5/12 at 1:18 pm
Posted by Brummy
Central, LA
Member since Oct 2009
4671 posts
Posted on 9/5/12 at 1:17 pm to
quote:

UGA an UF have athletic sides independent from the academic side regarding budgetary matters. Those are also two of the best academic schools in the conference. Explain that to me broseph.


Tuition at Georgia is twice what it is at LSU. Florida has an endowment fund almost four times the size of LSU's. They're also both in states that have been better run than Louisiana over the past several decades. I would imagine both of those schools also have larger alumni bases than LSU.
Posted by tigers win2
Baton Rouge
Member since Oct 2009
3924 posts
Posted on 9/5/12 at 1:21 pm to
quote:

You want to know the sad part? The legislature will view this "new" funding source for LSU academics as a further reason to cut LSU's academic budget by the same amount. The net effect will be zero. Watch.



This is exactly what will happen!

When gaming/gambling was approved; it was touted that revenues would be directed toward education. Well they are, but they took away the exact same amount from education as gambling provided so there was no net increase. Legislators then used the funds how they wanted and the "increase in funding of education" never happens and no one called them on it.
This post was edited on 9/5/12 at 1:22 pm
Posted by quail man
New York, NY
Member since May 2010
41252 posts
Posted on 9/5/12 at 1:33 pm to
quote:

And I don't really have a problem with the AD helping out the university. I just hope this doesn't negatively impact future athletic projects.


there's no athletic department without a university last time I checked.
Posted by elprez00
Hammond, LA
Member since Sep 2011
31567 posts
Posted on 9/5/12 at 1:58 pm to
quote:

This is analogous to our states higher education approach. Instead of acting like Texas and pouring tax revenue into the flagship, we spread our money thin to a bunch of crappy directional schools in our state.


Just a question: Are you a student or alumni of LSU?

LSU's financial shortfalls have nothing to do with the amount of funding they get from the state.

LSU's financial shortfalls have everything to do with the gross mismanagement of the academic resources of the university.

IMO, things started heading downhill when Mark Emmertt released the "Master Plan" and told the state that LSU would be the flagship university and therefore deserved to get whatever funding it wanted without ever getting the state's opinion.

As a student at LSU during this fiasco, there was a very clear line when this started happening. From creative fees like the "Academic Excellence Fee", to the gutting of the instructor pool and their replacement with PHD's who have no interest in actually teaching , LSU made it perfectly clear what they were interested in.

I love my alma mater, and I'm proud to have my diploma hanging on my wall. But it really upsets me to see the president crying wolf to the state and athletic dept all due to a situation that the LSU administration has directly contributed to, not the state.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 3:24 pm to
I'm an alumni. I think the mismanagement is two-fold. But to say that the state isn't the biggest contributor to the higher education problems in this state is absolutely ridiculous.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30358 posts
Posted on 9/5/12 at 3:27 pm to
quote:

UGA ...... of the best academic schools in the conference.


uh huh.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 3:27 pm to
quote:

Tuition at Georgia is twice what it is at LSU. Florida has an endowment fund almost four times the size of LSU's. They're also both in states that have been better run than Louisiana over the past several decades. I would imagine both of those schools also have larger alumni bases than LSU.




That's not even the point. The point is that 7 million bucks solves nothing in the scheme of things. It only hurts the athletic side. As evidence from my post on page one comparing the situation to the resources at Texas based on their severance tax structure, I fully understand why money is important. But it's important for the athletic department as well. Just look at Ok Lite, Oregon, Arkansas, etc. But what does LSU do? We are going to take from the most successful portion of the university to marginally help the university while further eroding our future on the athletics front. Louisiana always does shite like this. Fund something up to a point of it being good, take from it, make it mediocre, and then ask wtf happened and why other competitors are better.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 3:29 pm to
quote:

uh huh.



Yeah duh. I chose those two schools because their athletic departments are independent from the school. Those schools have found other avenues than taking from the athletic department to have academic success.
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30358 posts
Posted on 9/5/12 at 3:37 pm to
quote:

Yeah duh.



UGA is not an academic powerhouse. Complete myth.

The quota system, which they claim doesn't exist takes "students" from all over the state to make sure it is "diverse." Diversity comes at the price of accepting the best students.

The job placement rate is terrible.

UGA is a product of supply and demand. The state lottery program (going down fast) has created a vast supply of money that allows more people access to the university. It didn't become harder to get in due to an increase in quality.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 3:53 pm to
quote:

UGA is not an academic powerhouse. Complete myth.



What part of "in the conference" did you purposefully choose to dismiss in my first post? They absolutely are one of the better academic schools IN THE frickING CONFERENCE.

Posted by Brummy
Central, LA
Member since Oct 2009
4671 posts
Posted on 9/5/12 at 4:31 pm to
Nobody is saying that it's going to solve all of LSU's financial problems, but $7 million pays a lot of professor's salaries, even if it is just a small part of the total budget.

It's been said already, but I'll say it again - this is not a new development. LSU has been doing this for years, as have almost every university with a self-sufficient athletic department:

UGA athletics to transfer $6 million for academic support

Florida Gators give $6 million to university

University of Tennessee Athletics Pledges Additional $1 Million per Year Support of Academics

Arkansas adds $1 million donation to the university’s academic services for the third consecutive year.

LSU Athletic Department contributes $4 million to the University

Ohio State athletic department contributes additional $4 million for library renovations
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 4:36 pm to
I agree. We should probably just revert back to the Joe Dean days from an athletic department standpoint. Because we all know that making a serious financial commitment to athletics has been such a negative for LSU's football program and university as a whole. Just skim 7.2 off the top every year, no problem. We don't need it, it provides a few extra unnecessary professors an incentive to show up to class three days a week to hand out a powerpoint slide.
Posted by Brummy
Central, LA
Member since Oct 2009
4671 posts
Posted on 9/5/12 at 4:45 pm to
Yeah, because that's what I said.

The sky's not going to start falling because the athletic department continues to make contributions to the academic side of the university as it's been doing for a long time. I don't feel like trying to convince you otherwise.
Posted by elprez00
Hammond, LA
Member since Sep 2011
31567 posts
Posted on 9/5/12 at 4:46 pm to
quote:

But to say that the state isn't the biggest contributor to the higher education problems in this state is absolutely ridiculous.


I just don't agree with you. LSU seems to be the only university grandstanding about money. Meanwhile, SLU and McNeese seem to be doing just fine. LSU is a product of its own choices.

LSU has made an active decision to target out of state students, lower enrollment, and raise academic entrance standards that don't necessarily mesh with the averages from the state high school system.

I don't have a problem with the athletic dept contributing to the university. But i don't like the notion of making that contribution mandatory to promote wasted spending by the university.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/5/12 at 4:49 pm to
I like how you say contributions like there is actually a choice involved. I never said the sky was falling. I did say that the unsuccessful financial mess of the academic side shouldn't raid the financially viable athletic side. The athletic side needs the money if we want to continue our dominance as a program. The minute you start screwing with that is the minute it starts to worry me. This solves nothing on the academic side but hurts the athletic side. I'll never understand getting to a point at the top, and instead of continuing to invest in that product, you choose instead to redistribute that elsewhere to the detriment of the successful program. Your institution isn't going to be great at everything, but it's better to be great in a few areas than mediocre in all of them. Louisiana, regarding higher education, has never understood this. And obviously LSU doesn't either.
Posted by Adam Banks
District 5
Member since Sep 2009
37995 posts
Posted on 9/5/12 at 7:01 pm to
You seem to have a problem understanding the word surplus. It means the athletic department has made millions in excess of what they need. Of that surplus they are allowed to keep a large portion of it. You also keep ranting and raving about uga and uf yet they have been shown in this thread to have given more money straight up and a larger percentage of their revenue yet they are in no way hurting.

The only legitimate gripe to come out of this is it gives the legislature one more way to screw the university out of funding.
Posted by Tiger Authority
Member since Jul 2007
29476 posts
Posted on 9/6/12 at 7:38 pm to
quote:

Over the initial five-year term of the policy, LSU Athletics will provide $36 million to other parts of LSU. In addition, in years in which the athletics program generates a surplus, a portion of the surplus would be transferred to other components of LSU, with the remainder of the surplus being used to fund reserve accounts to protect against future financial uncertainties and provide a funding source for long-deferred maintenance projects for athletics facilities.


Doesn't sound like it's just surplus to me. Sounds like a continuous revenue stream from the athletic department.
This post was edited on 9/6/12 at 7:39 pm
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