This is how Georgia Tech rolls.
… The department was facing a $700,000 deficit for its annual budget prior to the loan and the fund balance was projected to end the fiscal year at $4.6 million in the red.
The repayment ends a curious and embarrassing episode for Tech and Stansbury, whose original contract was designed to address the buyout obligation to Oregon State in the form of a salary that was 80% higher than his income at Oregon State and $200,000 greater than his predecessor Mike Bobinski, as well as a $1.1 million loan from Tech that would be forgiven if he were to stay at Tech for the length of his five-year contract.
I thought those people were supposed to be good at math.
It’s simple adding and subtracting. If it doesn’t involve calculus or a differential equation, you can’t really call it math according to Mensa members at StinkTalk.
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When a nerd has no fingers and or toes to count on…this is whut you get…..nerd football, I do miss me it when they think they are smarter than the average bear
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You could have used the “Gee You’re Dumb” title for this post just as accurately as in the previous one.
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When they’re QB can’t count to 4……..
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McGarity makes about $700k a year. Why would GT pay Stansbury $950k a year?
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What would it take for you to take the Tech job?
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Sure, I’m not doing it for 4 tickets, 4 hot dogs, and 4 cokes, but I’m willing to go there for $500k a year and continue the GT trajectory.
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When a nerd has no fingers and or toes to count on…this is whut you get…..nerd football, I do miss me it when they think they are smarter than the average bear
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Just get a few of their millionaires to pay it.
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They’re saving their money for a cricket coach.
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From what I’ve been told 99.9% of the Tek grads earn over a million. While UGA grads bring them cold beers and live off tips.
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They speak slowly into the drive-thru microphones so UGA Grads can understand them.
Shitbird techie actually said to me.
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Not playing “one up” on tech stupidity, but in the 90s, a friend made a substantial pledge to gt and they named the business school for him. Problem was he backed his pledge with (I think) $20MM of stock in his own company. He proceeded to fly his company into the dirt and lose everything he had (dummy had about $180MM in stock, all in his own company, but never diversified into anything else that was liquid), so he never could pay. Not long after it had been announced, they had to embarrassingly renounce it…for business reasons. I believe it was his 2nd bankruptcy, and he was under 50 at the time. They have some experience at screwing things up.
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Was that The Chop House guy? From Morgan County?
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The Applebee’s guy, and the ill-fated Dupree School of Business.
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This is the guy who is supposed to be responsible for the Tech athletic department’s finances?
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Actually, on second thought, maybe he played it perfectly.
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