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re: Utterly laughable that Jimbo would go to LSU

Posted on 11/26/15 at 7:10 am to
Posted by Random LSU Hero
2014 NFL Survivor Champion (17-0)
Member since Aug 2011
9500 posts
Posted on 11/26/15 at 7:10 am to
Mike, go home, you're drunk.

The school and the athletic department are...ready for this....
SEPARATE ENTITIES
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52837 posts
Posted on 11/26/15 at 7:10 am to
quote:

but it's more of an attitude that we put millions of dollars into athletics while the university crumbles around the athletic program. Couldn't those boosters also give some money back to the university?


The same boosters who can / are footing the bills at this level are the VERY SAME biggest philanthropic donors to the university writ large.

These guys and gals give multiple millions to the university academic side as well.


I, personally, donate to causes that have meaning to me. But, I also spend money on things that are entertaining to me. i do NOT require that the "important" things be PERFECT before I pay out to "frivolous" entertainment items.


Posted by recruitnik
Campus
Member since Jul 2012
1223 posts
Posted on 11/26/15 at 7:12 am to
quote:

The buyout does not get paid by the school. Donors do that


If you would read, the author acknowledges that. It doesn't make it any less sad that donors could come up with that money for a football coach, but not the school itself.
Posted by Tigerinthehollow
Madison, MS
Member since Sep 2014
5655 posts
Posted on 11/26/15 at 7:14 am to
The LSU Athletic Department is one of the only profitable departments at the school...but that is in jeopardy with the football program in decline...so a private booster invests millions on what he enjoys in life, and it also gives the football program and the athletic department new life. So what if the Booster just kicked in the $20M to the school, and ignored the issues with the declining football program. Well the $20M is a small drop in the bucket for the overall school financial issues, and then you start losing money in the athletic department because people have soured on the football program.......does that make more sense?

Also, the Athletic department DOES give to the school......this is pretty ignorant...but you will have those out there that have zero interest in sports just look at this blindly and talk about how messed up our priorities are........never fails.
Posted by Random LSU Hero
2014 NFL Survivor Champion (17-0)
Member since Aug 2011
9500 posts
Posted on 11/26/15 at 7:15 am to
quote:

sad that donors could come up with that money for a football coach, but not the school itself.


Like saying its sad you could come up with money for your house but not a local charity.

The football program is a revenue generator. The only matter of importance is cash flow. Donors shouldn't be demonized for putting THEIR money where THEY want it
Posted by Sam1
la
Member since Dec 2008
813 posts
Posted on 11/26/15 at 7:15 am to
quote:

Cam's contract expires after this season(no buyout) Frank and O will LIKELY be retained by new coach or take HC jobs elsewhere (no buyout). Raymond has a good chance at being retained by new coach (no buyout if retained)
I don't think the new head will keep Raymond...
Posted by themunch
bottom of the list
Member since Jan 2007
70670 posts
Posted on 11/26/15 at 7:18 am to
Jimbo ain't leaving the Tallahassee lassies for youse
Posted by Tigers4life
The great US of A
Member since May 2004
1868 posts
Posted on 11/26/15 at 7:23 am to
quote:

Also, in each case, the individual is REQUIRED (by contract) to seek other employment in similar jobs


This can't be true.
Posted by Rex
Here, there, and nowhere
Member since Sep 2004
66001 posts
Posted on 11/26/15 at 7:24 am to
I posted last week that it's somewhat immoral to be paying that kind of money for football when there are so many other higher education needs. But whatever.
Posted by JustSmokin
Member since Sep 2007
9160 posts
Posted on 11/26/15 at 7:26 am to
quote:

If you would read, the author acknowledges that. It doesn't make it any less sad that donors could come up with that money for a football coach, but not the school itself.

The thought that wealthy people choose between donating to athletics or the university is laughable. They have enough money to do both, and they do.

We could eliminate athletics all together and the university would still be in a financial mess. It's a function of piss poor government, not private donations.
Posted by Langston
Member since Nov 2010
7685 posts
Posted on 11/26/15 at 7:26 am to
My ribs hurt after reading that too. Who's the idiot that wrote it since link is no good?
Posted by Tigers4life
The great US of A
Member since May 2004
1868 posts
Posted on 11/26/15 at 7:28 am to
The football program generates revenue to help support those needs.
Posted by Tigerinthehollow
Madison, MS
Member since Sep 2014
5655 posts
Posted on 11/26/15 at 7:28 am to
quote:

I don't think the new head will keep Raymond...


me either....
Posted by RummelTiger
Texas
Member since Aug 2004
92017 posts
Posted on 11/26/15 at 7:34 am to
quote:

I posted last week that it's somewhat immoral to be paying that kind of money for football when there are so many other higher education needs. But whatever.


You are so obtuse.
Posted by Tigers4life
The great US of A
Member since May 2004
1868 posts
Posted on 11/26/15 at 7:36 am to
I couldn't open the link either. Saw it in an earlier post.
Posted by timlan2057
In the Shadow of Tiger Stadium
Member since Sep 2005
18515 posts
Posted on 11/26/15 at 7:36 am to
Hey dumbass.

Take a look at the TAF Board of Directors.

Todd Graves sits on it.

Todd could pay the $15 million up front and yawn about it.

And it has nothing to do with the university.

I wish more of these bigwigs would donate to the academic side.

But I'm tired of you dumbasses not understanding that a coach's buyout comes from private funds and has nothing to do with LSU's budget.
Posted by jlbasm
Aledo, TX
Member since Oct 2010
4350 posts
Posted on 11/26/15 at 7:39 am to
I love how those who have not feel they have the right to justify how those that have spend their money.
Posted by RealityTiger
Geismar, LA
Member since Jan 2010
20503 posts
Posted on 11/26/15 at 7:49 am to
I'm gonna be nice and say the ignorant rather than calling them idiots. But the ignorant out there see LSU and just assume that it's all the same thing. It's not.

If anything, TAF was created to prevent the state of LSU sports depending on the financial condition of the university and/or state.

In other words, it could be argued that the situation going on right now is a perfect example of why TAF was created in the first place.
This post was edited on 11/26/15 at 7:52 am
Posted by timlan2057
In the Shadow of Tiger Stadium
Member since Sep 2005
18515 posts
Posted on 11/26/15 at 7:53 am to
It was this same ignorance that had people yelling (and reporters/bloggers writing) about the LAAAAZZZYYYY RIIIVVVEERRR!!!! being built at UREC while LSU was "almost bankrupt."

Again, not understanding that those funds for UREC renovation were not state funds but were reserved from past years' student fees--along with more private donations--for that very purpose.
Posted by ragacamps
Member since Jan 2011
2997 posts
Posted on 11/26/15 at 8:02 am to
You don't understand how it works at all and that the state of LSU economics has very very very very very little to do with anything
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