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re: PE forcing Utah to lay off Athletic Dept. employees

Posted on 6/1/26 at 10:05 am to
Posted by lsu777
Lake Charles
Member since Jan 2004
38185 posts
Posted on 6/1/26 at 10:05 am to
quote:

Then the university's board and president need to order the athletic director to make staffing cuts to eliminate the bloat and run the athletic department more efficiently....or they'll find another AD who can.




unfamiliar with high ed are we?
Posted by Tiger Prawn
Member since Dec 2016
25968 posts
Posted on 6/1/26 at 10:07 am to
quote:

How has the state legislature not intervened? Public universities should not be able to sell off their athletic departments to investors.


Its Utah

Not too long ago, Utah was pushing for federal public lands in Utah to be turned over to the state so the state could sell the land.

Selling off valuable long term assets to get a one time revenue boost seems to be on par for that state.
Posted by lepdagod
Baton Rouge
Member since Jan 2015
6163 posts
Posted on 6/1/26 at 10:13 am to
quote:

Sorry, but PE doesn't give a shite about winning championships. They only care about maximizing profits. Return on investment is PE's championship.


Didn’t say nothing about winning championships… I stated revenue to remain competitive… it’s a difference… the only way to maximize profits is to keep the product competitive … this will eventually happen at every major university… it’ll get to the point where financial advisors advise against their clients funding NIL when they can actually own a piece of the team
This post was edited on 6/1/26 at 10:17 am
Posted by Dizz
Member since May 2008
16168 posts
Posted on 6/1/26 at 10:20 am to
quote:

The layoffs will continue until “investors” have all the money and morale improves.



And when all value has been squeezed out they will walk away.
Posted by LSUGrad9295
Baton Rouge
Member since May 2007
38067 posts
Posted on 6/1/26 at 12:58 pm to
quote:

Im just gonna shoot strait


Then you will likely be arrested for the attempted murder of a country music icon.
Posted by prplhze2000
Parts Unknown
Member since Jan 2007
58369 posts
Posted on 6/1/26 at 3:09 pm to
:rimshot: :rimshot:
This post was edited on 6/1/26 at 3:10 pm
Posted by JasonDBlaha
Woodlands, Texas
Member since Apr 2023
4794 posts
Posted on 6/1/26 at 3:15 pm to
College athletics is dead and forever will be. Nothing will bring it back at this point. Prove me wrong.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
140036 posts
Posted on 6/1/26 at 7:22 pm to
quote:

employeesby JasonDBlaha
College athletics is dead and forever will be. Nothing will bring it back at this point. Prove me wrong.


You are quite right. It's junior pro with school names on the front.
Posted by Penrod
Member since Jan 2011
56201 posts
Posted on 6/1/26 at 7:59 pm to
quote:

frick PE.

It's a malignant cancer that destroys everything it touches

PE is one of the great advantages of the American system. You are woefully ignorant of it and what it accomplishes. PE is constantly reallocating resources in better, more efficient, ways. Get rid of the private equity market and America would sink below Europe.
Posted by jcaz
Laffy
Member since Aug 2014
19352 posts
Posted on 6/1/26 at 9:26 pm to
Can’t wait for PE to sign a deal with Walmart to provide the new team uniforms and shoes. Can’t have Nike making all that margin, that belongs to the PE firm. Ya know, efficiency and all.
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