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

  1. #97

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

    Quote Originally Posted by Clutch0364 View Post
    It didn’t help that they made the least exciting hire they could make. For me it said we are not trying to take the next step and continue what has been built.
    Not only a lame hire they announced it than receded into the darkness. Hire a local guy that doesn't get out locally lol only at UL.

  2. #98

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

    Quote Originally Posted by Scott Malkinson View Post
    Not only a lame hire they announced it than receded into the darkness. Hire a local guy that doesn't get out locally lol only at UL.
    Couldn’t afford to get out. Gas is expensive.

  3. #99

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

    The Covid excuse is gone. Get to work.

    At this moment there is not one thing that motivates me to buy tickets AND/or renew season tickets and my RCAF. Running an athletic program like a glorified high school.


  4. #100

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

    https://www.theadvertiser.com/story/...it/9226032002/

    LSU ran a $9M budget deficit in 2021. It's been discussed ad nauseum on this site we spend more money than is budgeted. It has to paid and that is done through a transfer of funds from the University Foundation. This is why there is no separation between RCAF and the University Foundation. The money has to be paid back to the University Foundation which has been done with the RCAF General Fund and Ragin Cajun Facilities Fund. I'm not certain that's all the avenues to repay it, but those are two that have been in the past.


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

    Quote Originally Posted by CajunVic View Post
    Looking at the financial picture just presented, where do you think they would have raised the money for a splash hire?

    Remember, we were already $2.6mm in the hole Napier's last year even with those two years or record performances in football.
    Yet they somehow they spent more money, not less.

    Evidently in the wrong places.

    More money on the motivational imagination generating hire had the potential to pay for itself.

    A non stop Desormeax tour may have worked too but that didn't happen.

  6. #102

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

    Quote Originally Posted by Clutch0364 View Post
    Couldn’t afford to get out. Gas is expensive.
    Maybe the can charter a flight to local Festivals ?

  7. #103

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

    Quote Originally Posted by ZoomZoom View Post
    Can’t frame it that way being the first “revenge tour” wasn’t received well. Just win.
    100%

    Just win is right. Don't talk about it. Be about it

  8. #104

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

    Quote Originally Posted by facelessjonmoon View Post
    100%

    Just win is right. Don't talk about it. Be about it
    And MH/UL needs to embrace and grow from success. Not farm it out to people caught up in academics v athletics or 3rd parties.

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

    Quote Originally Posted by Turbine View Post
    Yet they somehow they spent more money, not less.

    Evidently in the wrong places.

    More money on the motivational imagination generating hire had the potential to pay for itself.

    A non stop Desormeax tour may have worked too but that didn't happen.
    This is not helping. More salt to the wound usually generates a response of OUCH, not send me more.

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

    Quote Originally Posted by CajunVic View Post
    Looking at the financial picture just presented, where do you think they would have raised the money for a splash hire?

    Remember, we were already $2.6mm in the hole Napier's last year even with those two years or record performances in football.
    Napier's last year was the first time we didn't see a decline in YOY season ticket sales since 2014. It's incorrect to assume as "splash hire" wouldn't have A) continued the excitement and B) been worth the investment. I'll say again, private money pledged $3mm to keep Napier. Those boosters would have spent that on a "splash hire."

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

    Quote Originally Posted by babysitter View Post
    Oh Ohhhh...FCS. Someone finally said those horrible three words. That's exactly where this football and basketball programs should be and are headed there on a rapid pace given out superior financial resume'.
    Get what you pay for. The leadership runs it like a popsicle stand and these are the results.

  12. #108

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

    Quote Originally Posted by babysitter View Post
    Oh Ohhhh...FCS. Someone finally said those horrible three words. That's exactly where this football and basketball programs should be and are headed there on a rapid pace given out superior financial resume'.
    Just think, you can wear your, "GEAUX TO HELL McNEESE SHIRT" every year and drive to Lake Charles, Hammond, Beaumont, Thibodeaux and Natchitoches. Just like the old days! GEAUX CAJUNS!

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