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Message

re: LSU could lose up to $80M if football is canceled, university president says

Posted on 8/15/20 at 3:42 pm to
Posted by Drew Brews
SG·LA
Member since Feb 2018
1958 posts
Posted on 8/15/20 at 3:42 pm to
Yeah I’m seeing 700K plus postseason bonuses up to 200K but that’s from a few years ago.

Women’s basketball will never be a cut candidate at any school with men’s basketball tho. The media would have a field day with that.
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 8/15/20 at 3:44 pm to
What expenses? Concession workers are contracted out through another company I believe. ROTC use to help clean the stadium on Sundays, not sure if that is still the case.
Posted by red sox fan 13
Valley Park
Member since Aug 2018
18130 posts
Posted on 8/15/20 at 3:45 pm to
Honestly it would do LSU and other universities some good to use this time to trim the fat. Universities are way too bloated these days.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 8/15/20 at 3:51 pm to
I keep hearing CFB is "big business".

$80 MM isn't

$80 MM x 100 is only $8B
Posted by danilo
Member since Nov 2008
24611 posts
Posted on 8/15/20 at 4:03 pm to
We need to save lives. All Lives Matter!
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 8/15/20 at 4:03 pm to
quote:


I keep hearing CFB is "big business".

$80 MM isn't

$80 MM x 100 is only $8B




Advertising bro


McDonald’s
Rouses
Kentwood Water
Hancock Whitney
Taco Bell
Raising Canes

Just to name a few for LSU

If people aren’t in the stands for football or any other sport, those advertising dollars go away
This post was edited on 8/15/20 at 4:04 pm
Posted by LSUBadger
Member since Jan 2014
2238 posts
Posted on 8/15/20 at 4:17 pm to
How much of that is tuition that the athletic department pays the university for every single scholarship athlete? $40-50m that will not be going into the general fund?

This impacts way more than the athletes
Posted by Parade Grounds
BR,LA
Member since Jun 2017
866 posts
Posted on 8/15/20 at 4:32 pm to
quote:

keep hearing CFB is "big business".

$80 MM isn't

$80 MM x 100 is only $8B

Well considering they do all that in 7 saturdays then and the nearby city/businesses that benefit I would say it is
Posted by NastyTiger
Hammond/Baton Rouge/Lafayette
Member since Jun 2005
11271 posts
Posted on 8/15/20 at 4:35 pm to
Good reason for us all to go suit up
Posted by Hamma1122
Member since Sep 2016
21592 posts
Posted on 8/15/20 at 4:36 pm to
Thanks china
Posted by tduecen
Member since Nov 2006
161245 posts
Posted on 8/15/20 at 5:00 pm to
Cut all liberal art degrees but still offer some programs as electives....

Posted by Nephropidae
Brentwood
Member since Nov 2018
2721 posts
Posted on 8/15/20 at 5:22 pm to
Well then they need to eliminate every god damn position and expense possible related to Football and athletics and cut that down just like every other business being hurt by Covid. This is no different pain than any other business or organization.
Posted by doubleb
Baton Rouge
Member since Aug 2006
41575 posts
Posted on 8/15/20 at 5:48 pm to
quote:

expenses?


Game expenses.
Travel expenses.
Contract obligations to visiting teams.
Advertising and marketing.
Supplies., uniforms, And equipment.
And you’d like to think they might trim their staff.


Posted by PeteRose
Hall of Fame
Member since Aug 2014
17783 posts
Posted on 8/15/20 at 5:51 pm to
quote:

Master Lock Lockett Hall


I approve this message.
Posted by Nottelling
Member since Feb 2020
151 posts
Posted on 8/15/20 at 7:06 pm to
quote:

now multiply that for every school in the SEC, and you've got an immense crisis


Well it is just a game kids play. Maybe the south should stop making their worlds revolve around football.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
68451 posts
Posted on 8/15/20 at 7:16 pm to
quote:

all scholarship sports outside of basketball and football and whatever the most profitable women's sports to satisfy Title IX requirements will be dropped and coaching salaries will begin to be tightened dramatically as we enter a new paradigm


Yep
Posted by SaintlyTiger88
Louisiana
Member since Apr 2013
2176 posts
Posted on 8/15/20 at 7:20 pm to
quote:

Well it is just a game kids play


This is true, but it’s a game that brings in a butt-load of money and has made some fortunate people very rich.
Posted by vodkacop
Louisiana
Member since Nov 2008
8025 posts
Posted on 8/15/20 at 7:22 pm to
quote:

well don't cancel it then


Obvious answer is obvious. Who'da thunk it.
Posted by Bmath
LA
Member since Aug 2010
18841 posts
Posted on 8/15/20 at 7:23 pm to
quote:

$12 million on what?


Hibernation pods.
Posted by Cracker
in a box
Member since Nov 2009
19055 posts
Posted on 8/15/20 at 7:30 pm to
How much would they defer if normal people and the concessions were worth a frick
Like the crazy idea of tepid food and something besides sams club nachos and stale popcorn
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