“I think we have what we need to operate next year.”

Expected to run in the red for another year, it’s tough times on the Flats.

… When teams submitted their proposed budgets for the 2019-20 academic year, Lewis had to put the brakes on several wish-list items from the department’s coaches.

After tabulating the teams’ initial budget proposals put forth by each varsity team, Lewis said that the overall budget deficit would have been about $9 million before he had the teams pare down their requests so the deficit for the year was reduced to the projected $1.7 million.

That’s definitely the way to embark on your master plan for state dominance.



Filed under Georgia Tech Football, It's Just Bidness

14 responses to ““I think we have what we need to operate next year.”

  1. Good grief. What did Jeoff ask for? A Waffle House at the corner of Techwood and North Avenue?

    Liked by 1 person

  2. stoopnagle

    I mean, their alumni become instant millionaires at graduation so why not just hit them up for some good old fashioned fundraising?


  3. Bulldog Joe

    Debt structure with balloon payments? At Georgia Tech, you can do that.

    Liked by 1 person

  4. Bright Idea

    The athletic department flunked calculus.

    Liked by 1 person

    • Olde Dawg 78

      Can’t wait until they hit long division. I guess the same folks tried to the Reggie to count to four.


  5. Russ

    Which one of those tech gazillionaire is going to step up and make everything right? I thought every tech grad made a $1M upon graduation. That’s what Stinktalk said.


  6. Classic City Canine

    How does UGA have so much more money for sports than Tech? I thought we were all working at Sonic while they were making the big engineer bucks.


  7. Chi-town Dawg

    They only have a $5M emergency reserve fund – I bet McGoofy went into shock and nearly had a heart attack when he read that comment!


  8. Just Chuck (The Other One)

    Think their revenue projections are pretty optimistic. If you aren’t winning, and they won’t be, the biggest revenue stream is ACC money which isn’t all that much comparatively. They may be good at numbers but not if there’s a $ in front of them.


  9. W Cobb Dawg

    Need to sweeten that 4 dogs, 4 cokes, etc. deal. Maybe throw in a pocket protector, mouse pad/Waffle House place mats, etc.


  10. BMan

    The $4.04 takeover in full effect.


  11. siskey

    How lucrative is the ACC network contract projected to be for the members?