So they could have kept these 4 programs with just the money they paid Doyle to walk away and keep his mouth shut about all the horrible things going on inside the program, right?
Barta is a genius . . . .
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Iowa athletic department plans to take out $75 million loan; no further sports expected to be cut
Iowa athletic director Gary Barta says the athletic department plans to take out a $75 million loanwww.kwqc.com
Officially we have 18 or 19. I think it may be T and F is spring and fall or they split a couple name out like Swimming and Diving are 2. I don't remember but do know that we are considered 18 or so.
You could even say the T&F athletes count for 6 because the distance runners are also the Cross Country teams (M&W).18.
S&D is 1.
T&F is 4 overall (M indoor, M outdoor, W indoor, W outdoor) because the NCAA counts indoor and outdoor as separate seasons with separate championships.
Iowa is like the guy who, when he gets a descent raise in his salary, immediately leaves his neighborhood and buys a big beautiful house and a $70,000 shiney new pickup to drive around, and then a year later he gets layed off.
There are wide Swaths of our economy that are in Much deeper trouble than anyone seems to realize. Slowest train wreck I've ever seen.
But otherwise, as for the OP,
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Can't the Big Ten network just raise their cable rights 20 or 30 dollars per subscriber? I'm sure those Rutgers fans in New Jersey and the NYC Metro would pony up in a heartbeat!
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lol more importantly, the B1G doesn't have any live content to air.... The B1G Network is going to take a batch on this sit out season.That was what I was thinking. Just keep cranking up those cable and satellite fees. Wait, nobody has cable or satellite anymore??? Well shoot......
“Hello? Wells Fargo? Hey, this is Gary. What’s the rate looking like on a $75 million Stadium Equity Loan? Hello? Hello??”
You could even say the T&F athletes count for 6 because the distance runners are also the Cross Country teams (M&W).
Hey, AC, you forgot to check their credit report. It says they have a history of not paying contractors. You need to jack that rate up to about 24%.One second, yeah let me take a look.... Oh that thing... 15% ought to cover the loan.
It's a big reason that T&F will never be cut. It has nothing to do with Jamie's affinity for the sport. You essentially have two banks of scholarships accounting for a third of ISU's sports they need to maintain for Big 12 membership. And it doesn't hurt any that half of those schollies go to women.I didn't think that the people who have a disdain for JP's spending practices were ready to hear that those sports combined account for 1/3 of the total number offered.
How in the hell is EIU that far in debt, while ISU with 50 million less has very little debt to service? I read an article today that said EIU is over spending on football, and I get they redid the South endzone, but 209 million?