Louisiana’s athletic budget

[cajunfan96]

https://www.thecentersquare.com/loui...df9a3d196.html

Just gonna drop this here. How are we gonna remodel a football stadium like this?

How do you get to this point? Do we have anyone looking over this? This seems like a lack of institutional Control!

[CajunNation]

An extra, cool million from Baylor would have helped quite a bit.

[babysitter]

https://www.thecentersquare.com/loui...df9a3d196.html

Just gonna drop this here. How are we gonna remodel a football stadium like this?

Shocker

[BeauCajun]

One has nothing to do with the other. The stadium project has raised corporate money and it's moving forward. The larger concern is our Bond Rating. With a number of campus projects that were funded through the sale of Bonds under Dr. Savoie, we simply don't have the capacity to much more because of the university debt limit.

Project has been approved for construction. We’re a go. Increase your contributions boys and girls.

[ManAboutTown]

How do you get to this point? Do we have anyone looking over this? This seems like a lack of institutional Control!

Tried to ween ourselves off of the state teet and lean on the private donor base to supplement funds.

[no1cajunfan]

Project has been approved for construction. We’re a go. Increase your contributions boys and girls.

Don't be surprised CF reno is put on hold indefinitely. There is a reason this project keeps getting delayed. Read between the line's folks!

[fanof71]

Don't be surprised CF reno is put on hold indefinitely. There is a reason this project keeps getting delayed. Read between the line's folks!

Care to enlighten us that have a hard time reading between the lines...

[zeppelincajun]

Tried to ween ourselves off of the state teet and lean on the private donor base to supplement funds.

Can anyone provide a brief overview of the reason for the large difference in expenditures between us and Tech? Are we paying more in salaries, cost of attendance, facility operations, etc.?

[RaisingCajun08]

How do you get to this point? Do we have anyone looking over this? This seems like a lack of institutional Control!

US Government policy on spending money. Spend & just print more money.

[Boomer]

US Government policy on spending money. Spend & just print more money.

……I still don’t understand that we can’t get state funds for an emergency upkeep of a stadium that was constructed with state (race track) funds at least try….also try a 6 month sales tax like the airport!……lSonny Mouton we need you back!

[no1cajunfan]

Care to enlighten us that have a hard time reading between the lines...

First, look at the recent history of athletic improvements and what a disaster it has been and those projects and those are nowhere near the expansive project CF reno will be. They have had a long time to get their ducks in a row and yet they still don't. Read recent statement from Maggard and the vagueness and lack of detail of the status of this project. And I heard personally by one of the major money investors/donations to the CF project they are seriously considering withdrawing their financial support cause of the countless delays and the university seemingly stuck in second gear.

[cajun4life]

First, look at the recent history of athletic improvements and what a disaster it has been and those projects and those are nowhere near the expansive project CF reno will be. They have had a long time to get their ducks in a row and yet they still don't. Read recent statement from Maggard and the vagueness and lack of detail of the status of this project. And I heard personally by one of the major money investors/donations to the CF project they are seriously considering withdrawing their financial support cause of the countless delays and the university seemingly stuck in second gear.

Yeah ok

[LouisianaB]

Some selected numbers

REVENUE
Football Ticket Revenue
UL: $1,506,044
Tech: $611,824

Total Ticket Revenue
UL: $2,411,959
Tech: $1,136,506

Media Rights Revenue
UL: $1,260,000
Tech: $489,108

“Direct Institutional Support”
UL: $16,542,753
Tech: $11,552,772

“Indirect Institutional Support”
UL: $796,182
Tech: $2,969,795

Contributions
UL: $5,404,119
Tech: $4,686,205

EXPENSES

Athletic Student Aid
UL: $7,887,261
Tech: $5,912,591

Football Coach Salaries
UL: $4,137,123
Tech: $2,834,618

All Coach Salaries
UL: $8,339,490
Tech: $6,129,297

“Support staff/administrative compensation, benefits, and paid by the University and related entities”
UL: $6,419,277
Tech: $2,973,771

Student Athlete Meals (non-travel)
UL: $1,072,268
Tech: $555,032

UL: https://app.lla.state.la.us/publicreports.nsf/0/c4e1aecca735b7e78625894100621152/$file/000008e5.pdf?openelement&.7773098
Tech: https://app.lla.state.la.us/publicreports.nsf/0/d6198abcd98fafe0862589410062102d/$file/000008e4a.pdf?openelement&.7773098

[CharlieK]

The bulk of the deficit is artificially generated by the pretend "cost" of scholarships.

I agree with this unless someone can explain why it's wrong. The incremental cost of educating athletes is not the full price of Tuition. And its silly to believe all or even most of the current athletes would be attending and paying full ride if they weren't on athletic scholarship.

[fanof71]

“Indirect Institutional Support” ... means??