The Ragin’ Cajuns’ Financial Merry-Go-Round

[NewsCopy]

Cajuns Athletics has cracked the code. Not the code to winning, mind you, the code to turning financial mismanagement into performance art.

What the department has built isn’t just a budget. It’s a perfectly calibrated spin cycle: spend too much, shake down the fans, shift blame when that fails, get exposed by an audit, reassure everyone that nothing is wrong, and then do it all over again.

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Ragin Review
Lane Johnson

[fanof71]

A few points of disagreement....It is a revenue problem, it's been a revenue problem for the last 5 years more. And on the expense side, it's a salary and contract issue. Bob Marlon paid too much and stayed to long, Broadhead, just based on the performance of his teams, is fleecing the school. Maggard held on to a group in charge of putting people in seats, gave them corporate titles, and kept them employed as attendance (revenue) dropped...brought on by the worst college football in game experience in the country, including the mass heat stroke game against Tulane where the school runs out of water for fans, then stays silent with no accountability.
I could go on...but you get the idea.

[AboveAverage]

Permanent rewards for temporary accomplishments should never be used as an option. aka contract extensions and staff hires. Use small one time bonuses instead.

[AboveAverage]

I might add this. Bonuses are payable the next season and are for the next season. If you change jobs by choice the bonus stays with UL. Your reward for job well done was getting another job. This way UL always knows it's fixed costs.

[VObserver]

A few points of disagreement....It is a revenue problem, it's been a revenue problem for the last 5 years more. And on the expense side, it's a salary and contract issue. Bob Marlon paid too much and stayed to long, Broadhead, just based on the performance of his teams, is fleecing the school. Maggard held on to a group in charge of putting people in seats, gave them corporate titles, and kept them employed as attendance (revenue) dropped...brought on by the worst college football in game experience in the country, including the mass heat stroke game against Tulane where the school runs out of water for fans, then stays silent with no accountability.
I could go on...but you get the idea.

All of this is true. And it actually understates how out of touch with reality this University in general and athletics in particular really is.