eiu athletics self-sufficient? Not so fast my friend.

[MuskieCy]

The separate, non-profit organization running eiu athletics is "borrowing" $50M from eiu to stay afloat.

Also, the athletic non-profit is dropping the $2M a year contribution to eiu as negotiated by the outgoing prez.

What a sh!tshow. https://www.thegazette.com/subject/...iowa-athletics-load-50-million-covid-20210405

 

[ISUAgronomist]

Trailer trash athletic department has such bad credit that they couldn't get an outside loan...

 

[NWICY]

LOL, hard to get a loan when you know your going to get sued yearly. ISU has it faults, but at least we don't stiff contractors and get sued every yr.

 

[Prone2Clone]

**** Iowa.

 

[CyTwins]

So technically I'm paying for a racists salary?

 

[CysRage]

Remember when Iowa fans made fun of ISU for being taxpayer subsidized? What say them this time?

 

[scottwv]

Interesting. Which also bring up the question of who is iowa state bowling the 30 mil from for this years shortfall?

 

[CyCrazy]

Iowa will always be the gift that keeps on giving. ******* morons.

 

[clonedude]

So technically I'm paying for a racists salary?

Yes. Trust me, I’m not happy about it either. Why should I be paying for a racist football program?

 

[Cyched]

No wonder all their coaching positions are now sponsored

 

[cytor]

What a $hit $how. Kinnick and Carver are dumps, too.

 

[1UNI2ISU]

Iowa fans the to lose their **** over UNI getting a subsidy from the general fund. What Iowa 'borrowed' would cover UNI's subsidy for 14 years.

 

[Pope]

How do you you keep job when your department goes from an annual income of $122 million to having to borrow $50 million from your broke university? I don't know, but we can only hope Barta continues to hold onto his job.

Unfortunately, that's all gonna change when the new university president comes on board.

 

[Cyched]

How do you you keep job when your department goes from an annual income of $122 million to having to borrow $50 million from your broke university? I don't know, but we can only hope Barta continues to hold onto his job.

Unfortunately, that's all gonna change when the new university president comes on board.

Wonder which company they’ll poach from this time. Golden Corral? Sizzler?

 

[nfrine]

Wonder which company they’ll poach from this time. Golden Corral? Sizzler?

Tinder...

 

[beentherebefore]

Be careful here. ISU may need to finance shortfalls, too.

 

[knowlesjam]

Be careful here. ISU may need to finance shortfalls, too.

I would think this would surprise no one...simply too much loss of revenue due to the Covid crisis. Well, one good thing...picked up a few extra $'s from the NCAA tourney...

 

[Mr.G.Spot]

Be careful here. ISU may need to finance shortfalls, too.

Of course they will - 95% of all public d1 schools will finance. Whether they borrow from the University or issue bonds - not much different.

The majority of iowa fans won't understand what I just stated. LOL.

 

[isutrevman]

Maybe The Bis Ten should have allowed some fans this past season. That was $2-3mill per game they lost out on, even at only 25% capacity.

 

[carvers4math]

Wonder which company they’ll poach from this time. Golden Corral? Sizzler?

Los Pollos Hermanos probably fit right in with the Moonies