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re: Louisiana audits find three university athletics programs losing money

Posted on 2/2/23 at 9:26 am to
Posted by AwesomeSauce
Das Boot
Member since May 2015
11454 posts
Posted on 2/2/23 at 9:26 am to
quote:

ULL needs to try to become a doormat in a bigger conference that generates more revenue.

Houston on one side and LSU on the other. While in fertile recruiting ground the Cajuns don't really offer anything exceptional in regards to new areas. They are the second fiddle in their own claimed media market. I just don't see any net positive for a conference to take a flyer on them. Even with a smaller market and student body I think you can make a stronger case for LTU over them based on the numbers for any future expansion, although I'd say the chance for any LA G5 to move up is somewhere between nil and none.
Posted by AwesomeSauce
Das Boot
Member since May 2015
11454 posts
Posted on 2/2/23 at 9:31 am to
quote:

This is the accounting

Just make all incoming show on DEC 31, and move expenses to JAN 1. Flip it every other year to show expenses on DEC31 and income on JAN 1, and don't report those years. Lather, rinse, and repeat. Show surplus every other year, and don't report the deficits.
Posted by lionward2014
New Orleans
Member since Jul 2015
14050 posts
Posted on 2/2/23 at 9:37 am to
quote:

Southeastern - $100,571


That explains Scelfo and Riser's raises the last few weeks.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
47459 posts
Posted on 2/2/23 at 10:01 am to
quote:

Just make all incoming show on DEC 31, and move expenses to JAN 1. Flip it every other year to show expenses on DEC31 and income on JAN 1, and don't report those years. Lather, rinse, and repeat. Show surplus every other year, and don't report the deficits.




I looked at several Sunbelt schools and a few others. It's amazing how many are breaking even, to the exact dollar. ONO, who doesn't play football, does that. Almost like they adjust the institutional contribution to zero it out.
Posted by AwesomeSauce
Das Boot
Member since May 2015
11454 posts
Posted on 2/2/23 at 10:05 am to
quote:

Almost like they adjust the institutional contribution to zero it out.

Which is why the numbers coming from Lafayette are so concerning. Based on debts not going down over the last five years, government support increasing, this appears to be their adjusted numbers. Without colorful accounting what is the actual figure?
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
47459 posts
Posted on 2/2/23 at 10:08 am to
quote:

Houston on one side and LSU on the other. While in fertile recruiting ground the Cajuns don't really offer anything exceptional in regards to new areas. They are the second fiddle in their own claimed media market. I just don't see any net positive for a conference to take a flyer on them. Even with a smaller market and student body I think you can make a stronger case for LTU over them based on the numbers for any future expansion, although I'd say the chance for any LA G5 to move up is somewhere between nil and none.




Agree with all this.

I'm a USL (wish they had kept the name TBH) graduate but never really got into football there. I really enjoyed USL football in the late 70s when I was in high school (Roy Henry days for those of us who recall him) but my time at LSU in the student section ruined Ragin Cajun football for me for years to come. I still follow them and pull for them but do not attend games at all. I'm an LSU season ticket holder, though . About to have my youngest graduate from LSU, the second of my children to do so.

I don't think I am alone in that either.
Posted by NIH
Member since Aug 2008
122851 posts
Posted on 2/2/23 at 10:33 am to
Rooting against the university where you earned your diploma? What a cuck move
This post was edited on 2/2/23 at 10:34 am
Posted by NIH
Member since Aug 2008
122851 posts
Posted on 2/2/23 at 10:33 am to
Louisiana Tech can’t even get into the Sun Belt right now.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
47459 posts
Posted on 2/2/23 at 10:40 am to
quote:

Rooting against the university where you earned your diploma? What a cuck move




You responded to a post where I said

quote:

I still follow them and pull for them



I hope you are not a UL Lafayette Graduate because your reading comprehension sucks.

Plus you're a better poster than going there, man
Posted by NIH
Member since Aug 2008
122851 posts
Posted on 2/2/23 at 10:55 am to
You root for your university to become a doormat? Weird
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
88509 posts
Posted on 2/2/23 at 11:02 am to
That was all Uncle Huey. He should have a statue on the campus, no doubt.

LSU has been underfunded for decades.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
47459 posts
Posted on 2/2/23 at 11:11 am to
quote:

You root for your university to become a doormat? Weird



Again, reading comprehension. The discussion was related to finances and I suggested the way to better their financial outlook is to get into a better conference that produces more revenue for its member schools. The reality is in a better conference, they would struggle, hence the doormat statement.

Could they be competitive eventually, perhaps? But they have a geographical disadvantage in recruiting because of the proximity of LSU, among others. And the promotion of Desormeaux looks like a cost-saving hire. I was hoping they would hire another up-and-comer like Napier. I have always thought they would do better to earn a reputation as a school to coach at on the way up and maybe eventually it on a coach who wanted to stay. I hope Mike proves me wrong. Dang, I just realized I have two kids older than ULLs football coach.


Posted by msutiger
Houston
Member since Jul 2008
71995 posts
Posted on 2/2/23 at 11:15 am to
(no message)
This post was edited on 4/14/23 at 12:19 am
Posted by double d
Amarillo by morning
Member since Jun 2004
17170 posts
Posted on 2/2/23 at 11:47 am to
quote:

Southern has a reputable law school.


By what standards?
Posted by wadewilson
Member since Sep 2009
41546 posts
Posted on 2/2/23 at 12:03 pm to
quote:


Rooting against the university where you earned your diploma? What a cuck move


My diploma is from ULL. Born and raised in Baton Rouge, and also went to LSU.

Can't name a single player on the Cajun's roster.
Posted by AwesomeSauce
Das Boot
Member since May 2015
11454 posts
Posted on 2/2/23 at 12:46 pm to
quote:

Louisiana Tech can’t even get into the Sun Belt right now.

The Sun Belt already has ULM in that tiny market, even if LTU is the better option of the two by every conceivable metric, ULM is already there. The option this last go around for the Sun Belt was to the West add school with History in new market (USM) or add school with history to a market you already have in a state where you already have two institutions (LTU). Of course they chose USM. These moves don't exist in a vacuum, saying because the Sun Belt didn't take a third team in the state that this discredits the school not selected as the best choice isn't sound. In a vacuum, Tulane and LTU are the most viable institutions for P5 expansion. I didn't say either would be considered, only that if I added up the negatives these two would have the least. The problem with these two and the Cajuns is the positives don't come close to outweighing the negatives and make them viable now or in the foreseeable future for that kind of expansion.

I'd argue if a conference had to take two out of LTU, ULM, the Cajuns, and Tulane that based on the numbers and area alone LTU and Tulane are given the first opportunity to say no.
Posted by chalmetteowl
Chalmette
Member since Jan 2008
54807 posts
Posted on 2/2/23 at 12:55 pm to
quote:

But they have a geographical disadvantage in recruiting because of the proximity of LSU, among others.


They’re not recruiting the same kids
Posted by Pedro
Geaux Hawks
Member since Jul 2008
39153 posts
Posted on 2/2/23 at 1:01 pm to
As a ULM guy I won’t argue that. I’m kinda surprised tech wasn’t able to sneak in the American honestly.
This post was edited on 2/2/23 at 1:01 pm
Posted by Baers Foot
Louisiana Ragin' Cajuns
Member since Dec 2011
3913 posts
Posted on 2/2/23 at 1:37 pm to
quote:

As a ULM guy I won’t argue that. I’m kinda surprised tech wasn’t able to sneak in the American honestly.


I think schools in the AAC have athletic budgets $60 million and higher. Tech's $28 million is hard to overcome.

I think our recently inflated-beyond-means budget was our admin partly trying to keep momentum of Billy's success and inflate our budget for possible conference opportunities. But SBC kinda made some moves and made that unnecessary.

The university side of our administration saw that the ROI on a higher unsustainable budget was not good enough (low FB ticket sales and attendance), so I feel like we're going back to a realistic budget. University doesn't market shite though, so that's partly on them.
Posted by mdomingue
Lafayette, LA
Member since Nov 2010
47459 posts
Posted on 2/2/23 at 1:53 pm to
quote:

They’re not recruiting the same kids


Right, they do offer some of the same but this is part of the limiting factor. They would go after the same kids if it was not a waste of time and the areas where they might spot a kid that is under the radar is the same area where LSU would as well (and ULM, La Tech, Tulane, etc).
The few they would pull would be for playing time so they would not be top targets for LSU, more like backup targets. Sometimes UL gets a guy like Elijah Mitchel who gets overlooked or Charles Tillman (not sure about his recruitment, that is hard data to find). Those are rare. And now the portal adds additional pressure to schools like UL should they get a diamond in the rough.
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