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

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

    Quote Originally Posted by ManAboutTown View Post
    I think the real problems revealed themselves when Nico left. I never thought I'd say that 3 years ago, but it's become painfully obvious.
    Have always really loved Nico, however Nico left as the NIL and free transfer rules came into effect. I have a feeling that the lion’s share of the issues were caused by the latter.

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

    Quote Originally Posted by ZoomZoom View Post
    Welp, ya get what you pay for. It’s a chicken/egg thing.

    Throw in the treatment of students, what different outcome can one expect?

    Throw in the aversion towards work going with third party contracts, here UL sits.
    Throw in the people in power having no earthly idea how to connect with our community and treat them like embeciles with the way they communicate... Every bit of this is earned and we've been screaming it for 3 years.

  3. #43

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

    Pas bon


  4. #44

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

    Quote Originally Posted by Policarp View Post
    Pretty sure they only budget 2% vs 3% of total school revenues......hence they have 10-12M of funds available to athletics NOT in budget but well within the 3% state cap.

    They just as soon simply budget to the full 3% available and report a surplus.
    This right here.

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

    A bona fide ticket drive in all sports would make a dent.

    As is no bona fide ticket drives to speak of.


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

    Why the increase, is it interest on loans?


  7. #47

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

    Quote Originally Posted by CajunVic View Post
    Some have a difficult time with math. Many here have posted that they do not partake in concessions because of the price, quality and lines. I’m not sure what the answer may be but am very sure spending another $1,250,000 to $2,500,000 on a HFC would have just put us further in the hole. See attendance under Napier.
    I agree cut Dez ans Marlins salary to both 150-200k . Save some money while we just drive this puppy straight into the ground.

  8. #48

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

    Quote Originally Posted by Turbine View Post
    A bona fide ticket drive in all sports would make a dent.

    As is no bona fide ticket drives to speak of.
    By bona fide ticket drive I presume you mean one that goes beyond the corporate community. How to do that in summer for football is a challenge. I know coaches have gone to some community events and been discouraged by how few show up. I know the response will be don't give up because of one disappointing outing. Find a way to make the next one more interesting. BAsketball wise, I would try to get schools involved as the season does not start until November and school starts in August.

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

    I guess Maggard on Reinhardt Drive wasn't the real problem in 2022 and moving him to Martin Hall didn't really fix the problem.


  10. #50

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

    Our basketball coach makes 750K a year right? Think about that. lol.


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