oldpinepoint
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- Aug 26, 2011
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What does they have to do with anything? It’s been mentioned a zillion times here but just because the university as a billion dollar endowment or whatever it is doesn’t mean any of it can be used for athletics but especially to be used to buyout an athletic coach. Was the $4mm a reimbursement for athletic expenses or just to the university in general? They usually don’t commingle funds. After the dumpster fire Financial picture that was left by Cantor and Gross, our chancellor and AD’s have been trying to dig the university out of a budgetary crisis. My understanding is the athletic department has to be self sustaining. Paying 7+mil for a buyout isn’t going to happen. Board isn’t going to approve it and neither is the chancellorI guarantee it wasnt about money after the university got reimbursed for over 4 million in covid expenses, It could of been seeing the high profile jobs open and not liking there chances of getting someone they felt was better