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.
Good grief. What did Jeoff ask for? A Waffle House at the corner of Techwood and North Avenue?
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I mean, their alumni become instant millionaires at graduation so why not just hit them up for some good old fashioned fundraising?
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Most of their alumni’s donation money is going to support teams in China.
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Don’t forget cricket teams in India.
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Debt structure with balloon payments? At Georgia Tech, you can do that.
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The athletic department flunked calculus.
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Can’t wait until they hit long division. I guess the same folks tried to the Reggie to count to four.
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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.
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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.
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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!
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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.
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Need to sweeten that 4 dogs, 4 cokes, etc. deal. Maybe throw in a pocket protector, mouse pad/Waffle House place mats, etc.
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The $4.04 takeover in full effect.
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How lucrative is the ACC network contract projected to be for the members?
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