Interesting talk with Tech insider

[Rainman66]

What exactly does he mean by success? As much as we hate to admit it, for G5 schools success is not defined by how you compete nationally. It’s about how you compete with your peers. La Tech doesn’t have to come up with a $20,000,000 NIL budget to compete with SEC schools for NIL deals. They just have to have enough to compete with schools like us, ULM, and their (mostly crappy) conference mates. They aren’t so far behind these peer schools that they can’t compete and find success.

With that said, some of this panic may be driven by the $250 million in budget cuts coming to Louisiana higher ed this year. And with the recent tax reform legislation, there will probably be more next year.

A lot of state universities are going to suffer.

According to him, they are non-existent in the NIL space, well below $1M and have multiple facility needs that they don't have the funds for or the donors to step up. In addition, each school will need to come up with $$$$ for the NCAA settlement next year and they haven't a clue how they are going to come up with it.

He has played and lived in Ruston for 40+ years and been an ardent donor and supporter. The situation is very bleak, according to him.

[ZoomZoom]

Well, Tech is keeping their coach, for amongst other reasons, fiduciary responsibility. AKA can’t afford to buy him out.


http://www.latechbbb.com/forum/showt...mbie-staying!&

The NCAA settlement will rear its head here eventually, that can HAS to be kicked down the road until stadium is done if possible. Just another way the A4 will cripple the rest of FBS. Can’t afford to pay it, yet can’t afford to leave FBS.


And found this on SBC board. Last sentence, it’s not just aUL observation. The fallout of Tommy Mac’s pie hole blunder.


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Post: #18RE: OT: Reports of Austin Peay to FBS
(12-02-2022 04:21 PM)rileylives Wrote:
(12-02-2022 03:20 PM)ODU-Z8 Wrote:
I think we should rescue WKU. Liberty can run roughshod over a bunch of FCS and get no credit, and we would have an insanely strong G5 conference.

WKU in the West
East Carolina in the East

We run this G5 biatch

The only desirable schools left are ECU and Memphis. No to the rest. UAB and Tulane are about to slide back to the norm as losing programs for the next 20 years. LT is dead...might as well be FCS now.

[CajunFun]

This one never gets old.

Just in time for Christmas, the gift that keeps on giving...

[Policarp]

This one never gets old.

Just in time for Christmas, the gift that keeps on giving...

Thank you for the gift. Big smiles happen every time!

[Jeaux]

Would love for the Turds to drop athletics and focus on being the Harvard of South Arkansas, but I know it would never happen. It would ruin them. They are in a shrinking part of the state and haven't had real growth in decades. Even dropping out of D1 and there would be no real reason for kids in South Louisiana to spend 4/5 years of their lives up there when there are community colleges cheaper and closer to home. My gut says this is more a cry for more funding; either from their legislators or whatever alumni they have left.

If this state was really serious about fixing Higher Ed then they need to merge LaTech with Monroe (LaT@M). The buildings that aren't crumbling should be transferred to Grambling. The faculty and students would be split mostly between Northwestern and Monroe with rest going to one of System schools.

[CajunRebel]

According to him, they are non-existent in the NIL space, well below $1M and have multiple facility needs that they don't have the funds for or the donors to step up. In addition, each school will need to come up with $$$$ for the NCAA settlement next year and they haven't a clue how they are going to come up with it.

He has played and lived in Ruston for 40+ years and been an ardent donor and supporter. The situation is very bleak, according to him.

I don't know if those NIL numbers are true. I don't know how accurate nil-ncaa.org is, but they claim Tech has about $900k in NIL funding. That puts them at the top of C-USA, and about mid pack in the Sun Belt. For comparison, we have $1.3 million, and ULM has $300k.

Also from nil-ncaa.org, they estimate that the NCAA settlement will have a $4.1 million impact on Tech's budget. That's a significant amount of money to have to deal with, but not "shut the program down" significant. And every G5 school will be dealing with this as well. They won't fall behind because every G5 school will be falling with them.

Don't get me wrong. He would know Tech's finances better than me, and I'm not doubting that things look dire up in Ruston. But things are going to look pretty damn dire for everyone.

[Rainman66]

I don't know if those NIL numbers are true. I don't know how accurate nil-ncaa.org is, but they claim Tech has about $900k in NIL funding. That puts them at the top of C-USA, and about mid pack in the Sun Belt. For comparison, we have $1.3 million, and ULM has $300k.

Also from nil-ncaa.org, they estimate that the NCAA settlement will have a $4.1 million impact on Tech's budget. That's a significant amount of money to have to deal with, but not "shut the program down" significant. And every G5 school will be dealing with this as well. They won't fall behind because every G5 school will be falling with them.

Don't get me wrong. He would know Tech's finances better than me, and I'm not doubting that things look dire up in Ruston. But things are going to look pretty damn dire for everyone.

Agreed, G5’s are all going to be in a bind. He is just very pessimistic that they can find the donor base to survive, even CUSA.

The truth is probably some where in between his pessimism and they will be as fine as peer schools. Unlike Lafayette, Ruston ain’t growing.