The Business Model Isn't Working

[NewsCopy]

The annual report from the Louisiana legislative auditor’s office on UL’s athletic department included two instances where the university’s statement was understated or misclassified.

Duane Bailey, the department’s chief financial officer, said it’s easy to explain why that happened.

“It’s basically the capitalized interest for Cajun Field, the bond that was issued,” Bailey said. “Normally, we wouldn’t have even reflected it, but the auditors had requested that we included it in there. So you won’t see it next year.

Subscription
Advocate
Foote

[Turbine]

Just call it what it actually is, an "Advertising Expense" for the University and be done with it.

[fanof71]

It's the lack of attendance, stupid....and making bone headed department mistakes and not taking responsibility for them...

[UL_Cajuns]

The question is: what Atheltic departments across the country are not operating at a large deficit?

[Turbine]

Here's the thing.

When you outsource "everything" the profit goes elsewhere, everywhere.

[ZoomZoom]

Meanwhile at TSAB,

https://www.klfy.com/louisiana/audit...thorities/amp/

[ZoomZoom]

It's the lack of attendance, stupid....and making bone headed department mistakes and not taking responsibility for them...

And they will counter “if the students would just follow our iron fisted rules, everything would be peachy keen at ULL”.

[CAJUNSby90]

And they will counter “if the students would just follow our iron fisted rules, everything would be peachy keen at ULL”.

If students let "rules" keep them away they have no intentions to attend.

[fanof71]

Anyone see where students were asked to leave the BBall game vs USM?

[Turbine]

If students let "rules" keep them away they have no intentions to attend.

Initially "rules" never have or will keep a single person away.

However, how they were made to feel while there has ruled out their returning.

Not only that, but they become a sounding board that convinces 10 others into not even trying

[CAJUNSby90]

Initially "rules" never have or will keep a single person away.

However, how they were made to feel while there has ruled out their returning.

Not only that, but they become a sounding board that convinces 10 others into not even trying

Yeah thats what you call soft

[jaxmc1023]

Yeah thats what you call soft

Students have no interest in Cajuns games. They want to get drunk and make bad decisions in the parking lot, and we put every hurdle imaginable in front of them doing that, to the point where it's easier to just drive to Nicholson Drive