- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: ULL Athletics lost over $8 Million in 2023
Posted on 1/25/24 at 12:11 am to navy
Posted on 1/25/24 at 12:11 am to navy
Gee.
Going to be hard to buyout Michael “One of Us” Desormeaux’s five-year, $3.8 million contract.
The good news is that it comes out to only $152,000 a win - which is still a good value for the Sun Belt.
Going to be hard to buyout Michael “One of Us” Desormeaux’s five-year, $3.8 million contract.
The good news is that it comes out to only $152,000 a win - which is still a good value for the Sun Belt.
0
Posted on 1/25/24 at 8:47 am to Enzos Tiny Pito
quote:
Can't wait for the state to have to feed them cash for their "privately funded" football renovation (we heard that about the baseball stadium that they bonded out as well)
You mean like the state giving LSU $50M for the $100M PMAC renovation?
Posted on 1/25/24 at 9:30 am to chew4219
What's keeping ULM from branding as the University of Louisiana?
Posted on 1/25/24 at 9:35 am to PP7 for heisman
quote:
Hey at least someone called them the "University of Louisiana" though. That's all that really matters.
They are still required to pay for that extra L through 2035. That's one of the big reasons for this shortage that nobody will mention.
Posted on 1/25/24 at 9:59 am to chew4219
quote:
Not to mention that Bob Marlin can’t sell 1500 season tickets. Football didn’t break 8,000 season tickets either. We’ve been at roughly $33-$38M with the budget for a decade. We are down 4500 season tickets in football since 2020. RCAF membership is decreasing as well, the university does the bare minimum to succeed. Near zero engagement with fans, there’s many reasons for the deficit. It also gets covered by other self generated funds from the university, not “tax payer money”. But please go cry on the rooftops. Every public 4 year university in the UL System is at an extreme disadvantage compared to peer institutions. ZERO student fees for athletics have been passed. Where most SBC/CUSA/AAC programs get 50% or more of their athletic budgets from student fees.
I am sympathetic to UL and want the university to do well enough for my kids to want to go there.
But your post above misses the point, IMO.
There just aren’t enough people that care about the school or its athletic programs, and the administration can’t do anything to change that very much. Additional student fees would probably do more harm than good.
You can’t force people to care by spending money and certainly not by demanding more money from the students.
Posted on 1/25/24 at 12:08 pm to Earnest_P
quote:
There just aren’t enough people that care about the school or its athletic programs, and the administration can’t do anything to change that very much. Additional student fees would probably do more harm than good. You can’t force people to care by spending money and certainly not by demanding more money from the students.
That is the fault of the administration. They have done a terrible job of creating a bond with its students for the last 40 years. What reason do UL students have to become or remain fans of the university’s athletic programs.
It will take a complete reversal of administration student relationship for the university to build an organic fan base.
Posted on 1/25/24 at 12:25 pm to msutiger
quote:
ULL Athletics lost over $8 Million in 2023
This explains current crawfish prices
Posted on 1/25/24 at 12:29 pm to Cajunese
quote:
LSU 'lazy river' the ultimate higher-ed wasteful indulgence, Wall Street Journal commentary says
You can't be serious. Even when you push for private funded projects, you build lazy rivers. Maybe focus those efforts on better library upkeep and piping in your engineering building.
The lazy river was paid for by the students through fees. At the time of the renovation the UREC was one of the worst rated Student recreation centers in the SEC. They needed to improve it to continue to attract more students.
Posted on 1/25/24 at 12:49 pm to chew4219
quote:see i dont know how much that really does. At ulm President Bruno was actually great with student relations and President Berry seems to be doing great there as well and no one cared/cares about athletics still. I know it goes deeper than this with policy decisions, product on the field, etc. but I met Bruno my first week on campus and talked to him for like two minutes and the dude would call me by name when he saw me and ask how running and other specific things were going the rest of my time there. At the end of the day most of the student population at these schools only have room to care about one thing and thats usually taken up by prior interests, unfortunately.
That is the fault of the administration. They have done a terrible job of creating a bond with its students for the last 40 years. What reason do UL students have to become or remain fans of the university’s athletic programs.
It will take a complete reversal of administration student relationship for the university to build an organic fan base.
This post was edited on 1/25/24 at 12:51 pm
Posted on 1/25/24 at 1:08 pm to chalmetteowl
quote:
But would that not have happened if Bama and LSU were average programs?
ummm no
look at Bama's growth of enrollment and OOS vs other schools like say Ole miss, South Carolina, Kentucky etc
LSU hasnt seen the enrollment growth but much of that was self contained. When i got there in 2001 and Mark Emmert was there, it was close to 30k enrollment and could easily have grown to 40k by 2011 but after Mark left, many decided they didnt want to grow the school too big.
bama kept letting it grow and the city blew up around the campus.
Posted on 1/25/24 at 2:03 pm to Pedro
quote:
see i dont know how much that really does. At ulm President Bruno was actually great with student relations and President Berry seems to be doing great there as well and no one cared/cares about athletics still. I know it goes deeper than this with policy decisions, product on the field, etc. but I met Bruno my first week on campus and talked to him for like two minutes and the dude would call me by name when he saw me and ask how running and other specific things were going the rest of my time there. At the end of the day most of the student population at these schools only have room to care about one thing and thats usually taken up by prior interests, unfortunately.
All of that effort must be met with success. Also, NLU/ULM alienated nearly all of its older base with the name change.
Each smaller university in this state has their own unique issues they have to overcome.
Posted on 1/25/24 at 9:22 pm to msutiger
All that money wasted on name changes... Guess we need to shut that shite down, call Laundry.
Posted on 1/26/24 at 7:23 am to chew4219
quote:
You mean like the state giving LSU $50M for the $100M PMAC renovation?
So less then two years of what the state gives you in money to from your general fund to give to athletics on top of having to cover the money that is needed because you guys still can't cover your budget despite that?
The state needs to freeze all construction until ULL can figure out how to balance the budget that is given to them
8 million can do a lot of useful things for the state. All of which are significantly more useful then spending money on an athletic program that can't even fill half the stadium
This post was edited on 1/26/24 at 7:28 am
Posted on 1/26/24 at 9:43 am to Enzos Tiny Pito
quote:
8 million can do a lot of useful things for the state
The University of Louisiana at Lafayette has an economic impact of $2+ billion to the state's economy, not to mention all of the research we are cranking out. $8 million for what amounts to basically marketing is a drop in the bucket.
Dr. Authement left the university coffers overflowing after his scrupulous stewarding of the University. Which is why we have been renovating and adding new buildings on the academic campus the last 15 years. All while tFlagship is leaking (literally and figuratively). Perhaps the state should investigate why a resource-rich University such as LSU has so many buildings in disrepair.
Posted on 1/26/24 at 12:47 pm to Baers Foot
Wow…that’s one helluva infomercial
Posted on 1/26/24 at 1:29 pm to NoBoDawg
Economic Impact of $2.7 Billion
Here's a source from my infomercial. Enjoy y'all Buc-ee's, maybe they can offer some NIL deals for y'all.
Gonna offer a nice respite for all of the CUSA fans that make the long ardous journey to Ruston.
Here's a source from my infomercial. Enjoy y'all Buc-ee's, maybe they can offer some NIL deals for y'all.
Gonna offer a nice respite for all of the CUSA fans that make the long ardous journey to Ruston.
Posted on 1/26/24 at 1:58 pm to Baers Foot
quote:
The University of Louisiana at Lafayette has an economic impact of $2+ billion to the state's economy, not to mention all of the research we are cranking out. $8 million for what amounts to basically marketing is a drop in the bucket. Dr. Authement left the university coffers overflowing after his scrupulous stewarding of the University. Which is why we have been renovating and adding new buildings on the academic campus the last 15 years. All while tFlagship is leaking (literally and figuratively). Perhaps the state should investigate why a resource-rich University such as LSU has so many buildings in disrepair.
All of this money coming to ULL but still can’t market to the local fan base. Shame. The hardcore fanbase is dying off and the new students could not care less about the university. ULL continues to not understand how to grow a fanbase despite their best football seasons in existence.
Meanwhile on the academic side LSU freshmen students enter the university with an average of 3.82 gpa and 26.5 ACT while ULL with half the number of incoming freshmen has a 3.5 gpa and 24.8 act.
ULL LINK
LSU LINK
Posted on 1/26/24 at 7:04 pm to Shanks A Lot
LINK
Here is the state audit from 2022
Highlights:
Football team lost 8 million dollars last year (although most of the media rights etc are because of that)
Of their 33 million dollars in revenue 16.8 comes from the school giving direct institutional support
1.7 million a year in debt service which exceeds the football ticket revenue
With the school covering the additional loss the state tax payers are paying about 24 million a year to ULL athletics
Here is the state audit from 2022
Highlights:
Football team lost 8 million dollars last year (although most of the media rights etc are because of that)
Of their 33 million dollars in revenue 16.8 comes from the school giving direct institutional support
1.7 million a year in debt service which exceeds the football ticket revenue
With the school covering the additional loss the state tax payers are paying about 24 million a year to ULL athletics
This post was edited on 1/26/24 at 7:22 pm
Posted on 1/26/24 at 8:17 pm to msutiger
Having grown up in Lafayette and gone to USL, I never could understand why that school didn’t have more support in the town.
If you look at the list, ULL is 8th in the Sunbelt in total revenue. Most of the schools ahead of them are in much smaller towns.
If you look at the list, ULL is 8th in the Sunbelt in total revenue. Most of the schools ahead of them are in much smaller towns.
Posted on 1/26/24 at 8:52 pm to ElderTiger
quote:
Having grown up in Lafayette and gone to USL, I never could understand why that school didn’t have more support in the town. If you look at the list, ULL is 8th in the Sunbelt in total revenue. Most of the schools ahead of them are in much smaller towns.
Look in the mirror
Page 4 of 6
Popular
Back to top
Follow TigerDroppings for LSU Football News