NU stadium renovation

[Cyowa 14]

Explain to me how any big 10 athletic department is in extreme debt. Has to be complete incompetence. Everyone "Iowa" always makes fun of Pollard because he's a CPA and I'm like hell, it should be a requirement for every AD

 

[intrepid27]

how can anyone in the Big 10 have athletic department money issues? They going to get 90 plus mil a year from the tv contract alone.

Obviously it's possible- Make sure you read down to the end of article.

https://www.sportsbusinessjournal.com/Daily/Issues/2022/11/18/Colleges/Rutgers-Big-Ten-finances.aspx#:~:text=In all according to documents,LEDGER, 11/18).


Here's another article on Rutgers: https://www.northjersey.com/story/n...g-builds-debt-big-ten-conference/65367819007/

https://www.usatoday.com/story/spor...ayers-football-basketball-big-ten/6576342001/

Maybe the best one: https://dailytargum.com/article/2023/02/commentary-rutgers-priorities-are-all-mixed-up

 

[FriendlySpartan]

Explain to me how any big 10 athletic department is in extreme debt. Has to be complete incompetence. Everyone "Iowa" always makes fun of Pollard because he's a CPA and I'm like hell, it should be a requirement for every AD

It makes sense for Rutgers, they had to massively upgrade some facilities, were getting a limited share for awhile, and have very little money coming from donors/attendance. Nebraska is kinda weird but I don’t know much about their university system.

 

[pulse]

Explain to me how any big 10 athletic department is in extreme debt. Has to be complete incompetence. Everyone "Iowa" always makes fun of Pollard because he's a CPA and I'm like hell, it should be a requirement for every AD

Well their AD is Trev Alberts so….

 

[simply1]

Ffs people, their AD isn’t in debt. Op really needs to change that statement.

Survey of athletic department expenses gives Nebraska high marks

A recent survey of athletic department expenses across the country gives high marks to the University of Nebraska. T.J. Altimore broke down the numbers to analyze which athletic departments across the country are incurring the most debt, "fueled by a wild arms race in…

cornhuskerswire.usatoday.com

Nebraska was the only public FBS athletic department with “no subsidy from the school, and no athletic department debt.” However, when looking at the Big Ten, five schools currently have over $200 million in athletic department debt.

The worst conference offender was the University of Illinois, with $294 million in athletic department debt. Followed by Michigan at $263 million, Iowa at $245 million, Ohio State at $241 million, and Minnesota at $218 million in debt.

 

[kingcy]

Obviously it's possible- Make sure you read down to the end of article.

https://www.sportsbusinessjournal.com/Daily/Issues/2022/11/18/Colleges/Rutgers-Big-Ten-finances.aspx#:~:text=In all according to documents,LEDGER, 11/18).


Here's another article on Rutgers: https://www.northjersey.com/story/n...g-builds-debt-big-ten-conference/65367819007/

https://www.usatoday.com/story/spor...ayers-football-basketball-big-ten/6576342001/

Maybe the best one: https://dailytargum.com/article/2023/02/commentary-rutgers-priorities-are-all-mixed-up

Now that is some long term debt