Interesting post on MIZ board ...

Discussion in 'Big XII Conference' started by surly, Jul 1, 2018.

  1. surly

    surly Well-Known Member

    May 16, 2013
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    I have deleted my original response to your post. I've concluded that I was most likely wrong in thinking your intended to suggest anything more than Tiger Athletic Department annual revenues have increased by just over 50% since the SEC move.

    That increase is certainly substantial. However, it should also be noted Tiger Athletic Department annual expenses have increased by essentially the same or an even greater amount. The most recent figures indicate about 98 million in revenue and 102 million in expenses.

    It should also be noted that the Department has incurred substantial debt since the move.

    First, the move required the forfeiture of the last Big XII conference distribution. That generated approximately a 16 million dollar deficit for the Department for that year. The University covered that loss. An agreement, the terms of which have never been made public to my knowledge, was reportedly reached between the Athletic Department and the University for the Athletic Department to repay the University over time.

    Secondly, approximately 52 million of debt was incurred for the East Stands renovation project in the form of long term bonds.

    Thirdly, an additional approximately 50 million of debt in the form of long term bonds will be incurred for the South End Zone project.

    The thought that comes to mind is the SEC move is like a move from Scottsdale to San Francisco. One's salary is doubled, but one's expenses are tripled.
     
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  2. NWICY

    NWICY Well-Known Member

    Sep 2, 2012
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    Screw Mizzou. Even though a conference of adding back Mizzou, Nebby, and Arky would make for a great go to games live conference. Ideally WVU would find a new home but I'm not one of those that would drop them just because of their location, we invited them now we have to live with them.
     
  3. CyCrazy

    CyCrazy Well-Known Member

    Dec 17, 2008
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    Poor Misery
     
  4. Clonehomer

    Clonehomer Well-Known Member

    Apr 11, 2006
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    How much would their revenue increased without moving?
     
  5. jdoggivjc

    jdoggivjc Well-Known Member

    Sep 27, 2006
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    The money's always greener in the $EC. $EC. $EC.
     
  6. Sigmapolis

    Sigmapolis Well-Known Member

    Aug 10, 2011
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    Reminds me of moving from Iowa to Boston and then Washington. Yeah, I am paid more, but the moving expenses sucked and damn it is expensive around here.
     
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  7. mb7299

    mb7299 Active Member

    Mar 15, 2013
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    I would take them once B12 does what it should do and kick out Baylor
     
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  8. Cyched

    Cyched Well-Known Member

    May 8, 2009
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    Pit of Missouri, dilly dilly!
     
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