re: UL-Lafayette athletics have cost taxpayers nearly $50 million over the past 3 years

Well, isn't that just an interesting development...
I wonder what Huricane Jeff thinks about it?

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You dont go back 3 years into Bidens term to bitch about what is happening with border enforcement

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It's been happening for decades dumbass.
It has nothing to do with democrats or repulbicans.

It’s apples to oranges as it applies to the bigger picture. But when taking Landry’s
Comments about tax payer dollars into account, it’s certainly something to bring up and question.

Bumping until I die

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Then why include those years, as if Landry had anything to do with them?

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The point he's making is why would Landry pretend to be so upset about Kelly's contract buyout, which no tax payer will ever have to pay, if the state routinely provides almost $100 million/year to the other athletic departments of the state for them to all just lose money. If he's so concerned with fiscal responsibility, then those athletic programs should be shut down, right? He's pointing out that Landry doesn't actually give a frick; he's just creating a circus to get in the news and get his alleged political enemy fired from his job.

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The ULL athletic department ran at a $12 million deficit in 2024, an $8 million deficit in 2023, and a $5 million deficit in 2022. Those deficits are after receiving over $16.5 million in direct institutional support - e.g. money from the university - each year.

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Why has an anonymous message board poster figured this out but our local media hasn't? Too scared to ask the governor?

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2. Unlike UL-Lafayette, LSU’s athletic department does not receive any direct monetary support from the institution. In fact, LSU’s athletic department transferred $2.5 million back to the university last year.

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The governor is a ULL fan. This is why he thinks the state is on the hook for contracts/buyouts - because that is how ULL works. LSU is not set up that way and he has no clue.

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The LSU athletic department is entirely self-funded and has received a total of $0 in direct or indirect institutional support (“state money”) since at least 2004. It’s possible that the athletic department has been self-funded for much longer than that, but the school’s NCAA financial reports are only available from 2004-present.

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Millions upon millions were invested by the taxpayer for over a century to support, nurture and grow LSU athletics…..just because LSU is “self funded” now, means nothing in comparison to the lump sum annuity handed to the university by the tax payers.

And we don’t want to crack the books and go line level because the use of assets at diminimis fee levels would make the biggest financial swindler blush.

This entire incident is going to shed light on deep crevasses of LSU and TAF that we don’t necessarily want for the state.

The common denominator that is missing is the attention to debt covenants that LSU and Louisiana must pay attention to - the buyout and the cab flow may not reconcile - leaving extreme exposure for the taxpayer to debt.

Everyone is so emotional right now - I feel like we are in the middle of a major college arms race bubble and Louisiana hold the needle to pop the whole thing wide open.

The idiotic statements and posts on this topic in this forum is mind blowing.

LSU athletics and TAF should be a source of pride for the state - let’s start acting like it. 95% of college athletic programs would kill to have Louisiana problems.

In this entire mess, Intrust LSU and TAF more than any other athletic institution…for sure.

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KillTheGophers

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Looking back at your post history it looks like you’re a Louisiana Tech fan.

Surprise surprise seeing you here pushing false narratives.

Then where are all your threads about that? I see many talking about Louisiana Tech.

You’ve been exposed, time to leave, liar.

How many taxpayer dollars have been flushed down the toilet on LA Tech football this year?