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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

  11. #221

    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.
    I think people are looking at this through a business lens, which makes perfect sense. If working in college athletics taught me anything, it’s that athletics and the federal govt are the only “businesses” where a budget is more suggestion than rule.

    College athletic depts are going to run a deficit. All but a handful do. You wanna see budget deficits? Check out what’s going on at Arizonayou know the soon-to-be Big 12 school coming off its best football season in years and a possible Final Four basketball team.

    UL didn’t just start running deficits post-COVID. Now, $8 million? That might be a new school record. But while presidents around the country don’t like it when any of their depts are over budget, it happens. And if a president understands that athletics is the best marketing dept it has, they live with it. The headache is obviously explaining it to the English dept.

    My point is I wouldn’t get too caught up in the $$. If an AD has a good relationship with their boss, they knew it was coming.

    This is not to say ‘meh, don’t worry about it.’ The decline in season ticket sales and attendance is a serious problem and one not solved simply by winning.

    I listened to parts of a recent podcast desperate for more community engagement. That’s very true, and I don’t know what the dept does in that regard. But there are many more things they need to do and the only thing I completely disagree with from that podcast and others in general screaming from the sidelines is the suggestion that this dept is incompetent, Maggard doesn’t care anymore or whatever other darts of blame people want to throw.

    In order for athletics to be successful, there has to be an investment. Not just in $$ but in alignment. From the athletic dept to MH to the UL system. And as long as the politics of Louisiana stand united behind one school, UL and every school outside BR will be fighting with one hand tied behind its back.

    Me, I love following Cajun athletics…baseball, softball particularly. I’ve watched more UL basketball this year than I ever have since Marlin was hired. And while I get the criticism and frustration this board throws out at him ad nauseam, he has this group playing harder than any team I’ve seen in years. And they play for each other.

    They have their limitations and are also fighting every game despite having that hand tied behind their back. A very good representation of Cajun athletics. I hope more people support it.

    Geaux Cajuns!!

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

    Quote Originally Posted by CajunSID View Post
    I think people are looking at this through a business lens, which makes perfect sense. If working in college athletics taught me anything, it’s that athletics and the federal govt are the only “businesses” where a budget is more suggestion than rule.

    College athletic depts are going to run a deficit. All but a handful do. You wanna see budget deficits? Check out what’s going on at Arizonayou know the soon-to-be Big 12 school coming off its best football season in years and a possible Final Four basketball team.

    UL didn’t just start running deficits post-COVID. Now, $8 million? That might be a new school record. But while presidents around the country don’t like it when any of their depts are over budget, it happens. And if a president understands that athletics is the best marketing dept it has, they live with it. The headache is obviously explaining it to the English dept.

    My point is I wouldn’t get too caught up in the $$. If an AD has a good relationship with their boss, they knew it was coming.

    This is not to say ‘meh, don’t worry about it.’ The decline in season ticket sales and attendance is a serious problem and one not solved simply by winning.

    I listened to parts of a recent podcast desperate for more community engagement. That’s very true, and I don’t know what the dept does in that regard. But there are many more things they need to do and the only thing I completely disagree with from that podcast and others in general screaming from the sidelines is the suggestion that this dept is incompetent, Maggard doesn’t care anymore or whatever other darts of blame people want to throw.

    In order for athletics to be successful, there has to be an investment. Not just in $$ but in alignment. From the athletic dept to MH to the UL system. And as long as the politics of Louisiana stand united behind one school, UL and every school outside BR will be fighting with one hand tied behind its back.

    Me, I love following Cajun athletics…baseball, softball particularly. I’ve watched more UL basketball this year than I ever have since Marlin was hired. And while I get the criticism and frustration this board throws out at him ad nauseam, he has this group playing harder than any team I’ve seen in years. And they play for each other.

    They have their limitations and are also fighting every game despite having that hand tied behind their back. A very good representation of Cajun athletics. I hope more people support it.

    Geaux Cajuns!!
    Nice perspective.

    Appreciated.

  13. #223

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

    Quote Originally Posted by jaxmc1023 View Post
    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
    I think you misunderstand me, our administration absolutely does like athletics. They don’t financially support it though. They aren’t committed to do what’s needed to compete at our highest possible level.

    You are spot on about wanting it to be the petroleum club.

  14. #224

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

    Blaming LSU is tiresome. It’s an excuse we’ve used since 1984. 40 years of blaming them has done nothing for us.

    Why haven’t they looked in the mirror and take accountability for not succeeding. Accountability for driving students away.

    We will never be on the level of LSU because we can’t even keep our own graduates as fans or donors.

    Failure to captivate and cultivate new fans from the student body is the reason we problems with attendance and donations now.


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

    Quote Originally Posted by cajun4life View Post
    I think you misunderstand me, our administration absolutely does like athletics. They don’t financially support it though. They aren’t committed to do what’s needed to compete at our highest possible level.

    You are spot on about wanting it to be the petroleum club.
    So, $8.6mm in the hole does not constitute financial support. LOL

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