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Thread: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

  1. #211

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Just trying to look outside our bubble at other programs. There are several articles like this: https://swimswam.com/cal-ucla-report...c-departments/

    Still looking for the reports on our peer institutions, but i can imagine we’re not alone. Doesn’t make our situation any better, but misery loves company.


  2. Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by CajunRed View Post
    And some think the problem is no mascot. Right now… that is the LEAST of our problems.
    A Canary dieing in a coal mine would be the least of their problems.

    Yet not something they would want to ignore.

  3. #213

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by CajunRed View Post
    And some think the problem is no mascot. Right now… that is the LEAST of our problems.
    While I agree, a mascot isn’t the problem. Though it can absolutely be a part of the solution.

  4. #214

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by RaginScotsman View Post
    Just trying to look outside our bubble at other programs. There are several articles like this: https://swimswam.com/cal-ucla-report...c-departments/

    Still looking for the reports on our peer institutions, but i can imagine we’re not alone. Doesn’t make our situation any better, but misery loves company.
    and for the Baton Rouge fans throwing stones, they made just over a mill in profit in 2023.

    In 2022, they made more but it was bolstered by a 70 million plus contribution from their athletic foundation.

    They operated at over a 9 mill loss the fiscal year prior.

  5. #215

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Someone should tell the folks in Hattiesburg about Covid


  6. Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by zeppelincajun View Post
    Someone should tell the folks in Hattiesburg about Covid
    Why is that?

  7. #217

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by CajunVic View Post
    Why is that?
    Because it was sarcasm

  8. #218

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by zeppelincajun View Post
    Someone should tell the folks in Hattiesburg about Covid
    Their university leadership actually likes athletics.

  9. #219

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by Cajunrunner View Post
    Their university leadership actually likes athletics.
    I think it’s more about their university administrators understand athletics.

    Ours likes athletics, but are clueless as to what it takes to build successful programs, much less sustain them.

  10. #220

    Default Re: Louisiana athletics operated at $8 million deficit during 2023 fiscal year

    Quote Originally Posted by cajun4life View Post
    Ours likes athletics
    I'm not the least bit convinced that's true

    Athletics and merchandise are the only ways that people who aren't students, faculty, or alumni can be part of your university, and this admin has farmed out or washed their hands of every avenue where they might be forced to engage those people.

    Even this new stadium.. removed tons of affordable seating and replacing it with a more luxurious experience for people who can afford five-figure season ticket renewals.
    They're basically building the Petroleum Club with a football field inside it

    You'll have to show me evidence of where this admin has done anything more than the bare minimum in regards to athletics..

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