Clearly a leverage play by Marrone...

[CusefanATL]

dont college kids get loans based on expecting to get a job out of college?

high schoolers do too

http://usatoday30.usatoday.com/sports/preps/basketball/2003-01-27-lebron-cleared_x.htm

 

[GoSU96]

Question is when does Syracuse receive that money? One thing if you have it on July 1st 2013 versus a later dates in 2013 or into 2014. Another question is how much money is Syracuse losing from leaving the Big East in NCAA Basketball tournament revenue. That has to be factored into the math over the next five years against the increase in TV money. Additionally some of that difference in revenue from the TV deal would be earmarked to cover the exit fees from the big east over the next few years.

Also what do you think its going to cost on a per annual basis to pay the football staff going forward. Easy assumption is that the head coach position is going to cost $1M+ more per year than the current outlay and if you factor in the assistant coaches salaries probably another $1m there.

Should syracuse simply spend the extra TV money to fund a football practice facility versus funding other aspects within the athletic department including improvements to the Carrier Dome? Considering that it is costing UConn $32million to build their basketball only practice facility (nearly double the cost of the Carmelo Center), what is the cost of the football only practice facility we are talking about. If its more than a 100 yard covered field and it includes offices & meeting rooms then it is conceivable that the cost is going to be more than what UConn is spending. Even if you throw a large % of the net available television money to the new building, that doesn't cover the cost of building over the short time frame of construction (1 to 2 years).

Rutgers and Maryland are ridiculed for their irresponsible spending and the deficits they ran up in building facilities (a lot of that money being spent on stadium improvements) that the B10 money is suppose to payoff. But we should basically do the same thing and spend to build a football only practice facility that doesn't directly impact the ability to increase revenue? If the university is within reach of its fundraising goal to start the project then I wouldn't be surprised if some of the additional television money is used to close the gap. But considering where the project is after 4 years, its easy to deduce that the gap in fundraising to starting the project is still substantial to the point where the additional money from going to the ACC isn't close to enough to greenlight the project.

Exit fees are already paid for.

This last reporting cycle the Athletic Dept. reported to the department of education net income of 4.1M, after making 700K the year before, and reporting zero net income 2006 through 2009.

They are going to be flush with cash starting next year.

The impact of the transition from BE hoops to ACC is probably minimal and more than offset by the bowl revenue conference payout, let alone additional revenue generated from operations (tickets, merchandise).

 

[Millhouse]

We all did it with our college loans. It's how every business makes capital improvements.

Future is always uncertain. Bees implies that borrowing is always a bad idea

Sent from my DROID RAZR using Tapatalk 2

 

[KaiserUEO]

We all did it with our college loans. It's how every business makes capital improvements.

but since america voted to be a socialist/borderline communist state, shouldnt we just call Florida St and say 'What are you waiting for?? will you please cut marrone that check??'

Oh Lord

 

[longtimefan]

but since america voted to be a socialist/borderline communist state, shouldnt we just call Florida St and say 'What are you waiting for?? will you please cut marrone that check??'

Oh Lord

Isn't that the NFL you're referring to?