CR Gazette: ISU AD facing potential $147M deficit by 2031 with direct to player payments

CycloneT

Well-Known Member
Feb 14, 2017
483
724
93
Another banger of a headline from the Gazette to get clicks and the inbred Hawkeye twitter crowd to **** on ISU. All the while, we have zero debt and and they paid a measly $2.5 mil of their loan from the university and still sit around $250 mil in total debt. Is there some cause for concern with the BIG 12, sure, but we have the right team steering the ship and the next President of the university will likely be athletic driven. No one needs to get anywhere near the ledge.
The funniest thing is Iowa fans acting like B10 payouts will be enough when Minnesota is having to get $10M in student fees just to help
 

Pope

Well-Known Member
SuperFanatic
SuperFanatic T2
Feb 7, 2015
10,584
24,062
113
In hindsight, that bridge is looking more and more like an extravagance we never should have built.
Sorry, but I think the bridge has been an absolute home run in terms of ROI as well as aesthetics.

Not only does it serve a huge purpose functionally (have you seen the mass of humanity crossing it before and after games?), it has become an instant campus landmark that the major networks always show when broadcasting our games to the rest of the nation.
 
Last edited:

NWICY

Well-Known Member
Sep 2, 2012
35,558
31,699
113
The devil is always in the details, but if this ever happens to any substantial degree - ie, a fee to every tuition-paying student as opposed to simply raising prices for students who want to attend athletics - it'll be time to me to decide whether to walk away from this enterprise altogether. The tail is wagging the dog.
I di believe quite a few schools currently do that but they were doing it before NIL.
 

Cymark86

Well-Known Member
Dec 2, 2023
384
384
63
57
How much revenue did the last stadium concert bring? I was kinda surprised there wasn’t one this summer. I think ISU will figure it out. I don’t think it will be easy. But I think they end up ok.
Yeah, pollard made a statement about how much that made. Heck, have a Big 12 stadium tour to raise funds for all the schools. Start with Garth Brooks. Isn’t he an OSU guy? He’d probably sell out a couple of shows at each stadium . Make it an annual thing with different artists. I’m sure It’s not thst easy but you gotta find ways.
 

WooBadger18

Well-Known Member
Sep 5, 2012
15,147
13,551
113
On Wisconsin
If anything we've learned rules don't matter in college sports anymore.
Yeah, but in this case you’d be dealing with a federal law on the issue, not just a rule the NCAA has. And I don’t think the courts will buy the defense “we would just prefer to spend this money on something else.”
 

NWICY

Well-Known Member
Sep 2, 2012
35,558
31,699
113
Yeah, but in this case you’d be dealing with a federal law on the issue, not just a rule the NCAA has. And I don’t think the courts will buy the defense “we would just prefer to spend this money on something else.”
Sorry Woo but its been proven at the highest levels you can just ignore federal law and it is fine. It shouldn't be that way but that is where we are, right now all you need is money/power.
 

WooBadger18

Well-Known Member
Sep 5, 2012
15,147
13,551
113
On Wisconsin
Sorry Woo but its been proven at the highest levels you can just ignore federal law and it is fine. It shouldn't be that way but that is where we are, right now all you need is money/power.
Can’t really talk about the first one since not in the cave, but the power/money may not be on the schools’ side. Because it would probably be something like schools vs. women athletes, NCAA, and the administration (more likely via federal departments)
 

NWICY

Well-Known Member
Sep 2, 2012
35,558
31,699
113
Can’t really talk about the first one since not in the cave, but the power/money may not be on the schools’ side. Because it would probably be something like schools vs. women athletes, NCAA, and the administration (more likely via federal departments)
Yeah I was trying really hard to avoid the cave or taking a ban.
I really hope you are right but I don't think it matters anymore. Sort of like when N Carolina got caught for academic fraud and nothing happened to them.
 
  • Like
Reactions: pourcyne

Daserop

Well-Known Member
Feb 9, 2011
5,879
2,214
113
The Bebop
Click bait. Where is the report about Iowa being #7 with the most athletic related debt?


1753447506301.png
 

WooBadger18

Well-Known Member
Sep 5, 2012
15,147
13,551
113
On Wisconsin
Yeah I was trying really hard to avoid the cave or taking a ban.
I really hope you are right but I don't think it matters anymore. Sort of like when N Carolina got caught for academic fraud and nothing happened to them.
Right but that was an ncaa issue. And the NCAA has always had an issue of not punishing the big brands.

In this case though, the school’s argument would be “we aren’t going to follow this clear federal law because we don’t want to do.” Could the courts agree with them? Sure. But I don’t think they would.
 

CycloneVet

Well-Known Member
Jul 17, 2011
9,916
11,742
113
Cedar Falls
Yeah, pollard made a statement about how much that made. Heck, have a Big 12 stadium tour to raise funds for all the schools. Start with Garth Brooks. Isn’t he an OSU guy? He’d probably sell out a couple of shows at each stadium . Make it an annual thing with different artists. I’m sure It’s not thst easy but you gotta find ways.

That’s a pretty good idea. Actually have a group of artists rotate.
 
  • Like
Reactions: NWICY and cstrunk

Frak

Well-Known Member
Apr 27, 2009
11,448
7,049
113
In hindsight, that bridge is looking more and more like an extravagance we never should have built.
As far as the bridge, yes it had to be built. The bridge was necessary because of the RV Village, and the RV Village was necessary because of CyTown. CyTown is how they plan on covering some of this "shortfall" as well as renovate Stephens and Fisher.

But for the overall article, that was the definition of sensationalism. Especially the title. Yes, if everything stays exactly how it is, they'll have a big deficit in 7 years. But things aren't going to stay the same. B12 payout will increase for one. Right now, we are taking a hit from bringing in the 4 corner schools. That will go away with a new TV contract. CyTown revenue will start kicking in. I would guess that they'll add some sort of student athletic fee. Jamie will probably have to cave and start selling booze at JTS. I think that there are things they could do to make this up, but the article is slanted toward what happens if we do nothing.
 

8thfloor

Active Member
Aug 3, 2021
78
114
33
As far as the bridge, yes it had to be built. The bridge was necessary because of the RV Village, and the RV Village was necessary because of CyTown. CyTown is how they plan on covering some of this "shortfall" as well as renovate Stephens and Fisher.

But for the overall article, that was the definition of sensationalism. Especially the title. Yes, if everything stays exactly how it is, they'll have a big deficit in 7 years. But things aren't going to stay the same. B12 payout will increase for one. Right now, we are taking a hit from bringing in the 4 corner schools. That will go away with a new TV contract. CyTown revenue will start kicking in. I would guess that they'll add some sort of student athletic fee. Jamie will probably have to cave and start selling booze at JTS. I think that there are things they could do to make this up, but the article is slanted toward what happens if we do nothing.
Wasn’t the bridge paid directly by donors too?