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2018: UCONN Athletics had a $40.5 Million Deficit
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BFieldHusky Offline
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Post: #21
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.
06-25-2019 04:47 PM
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aTxTIGER Offline
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Post: #22
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 04:47 PM)BFieldHusky Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.


Lol. So what about the other 38 million.
06-25-2019 04:56 PM
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KNIGHTTIME Offline
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Post: #23
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 04:56 PM)aTxTIGER Wrote:  
(06-25-2019 04:47 PM)BFieldHusky Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.


Lol. So what about the other 38 million.

Hookers and blow.... unfortunately it isn't paying off
06-25-2019 05:01 PM
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Bearcats#1 Offline
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Post: #24
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 05:01 PM)KNIGHTTIME Wrote:  
(06-25-2019 04:56 PM)aTxTIGER Wrote:  
(06-25-2019 04:47 PM)BFieldHusky Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.


Lol. So what about the other 38 million.

Hookers and blow.... unfortunately it isn't paying off

How is University 6 now in the middle of all this?
06-25-2019 05:03 PM
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aTxTIGER Offline
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Post: #25
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 05:01 PM)KNIGHTTIME Wrote:  
(06-25-2019 04:56 PM)aTxTIGER Wrote:  
(06-25-2019 04:47 PM)BFieldHusky Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.


Lol. So what about the other 38 million.

Hookers and blow.... unfortunately it isn't paying off

That explains Dan Hurley’s behavior.
06-25-2019 05:09 PM
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EarthBoundMisfit Offline
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Post: #26
RE: 2018: UCONN Athletics had a $40.5 Deficit
North Texas was $63 million in the hole in 2017.
The perils of trying to keep up with the Joneses.
06-25-2019 05:24 PM
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tnzazz Offline
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Post: #27
2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 01:49 PM)MickMack Wrote:  I just wish it would be reported accurately. This wasn't a shrewd move by UConn to bail on a failing conference. If that was the case, they could have done it years ago. This is an act of desperation.


Yep, it’s over for them.


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06-25-2019 06:13 PM
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tnzazz Offline
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Post: #28
2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.


You can only subsidize so much. They have been ballin on a budget and it caught up with them.


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06-25-2019 06:16 PM
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tnzazz Offline
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Post: #29
2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 04:47 PM)BFieldHusky Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

Travel for one.


Ummmm, no. That’s a drop in the bucket.


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06-25-2019 06:18 PM
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SMUleopold Offline
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Post: #30
RE: 2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

I thought ours was 4 million.

What happened?
06-25-2019 07:07 PM
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Pony94 Offline
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Post: #31
2018: UCONN Athletics had a $40.5 Deficit
(06-25-2019 07:07 PM)SMUleopold Wrote:  
(06-25-2019 03:27 PM)Pony94 Wrote:  
(06-25-2019 03:10 PM)KNIGHTTIME Wrote:  
(06-25-2019 03:06 PM)chess Wrote:  Why is this important? Because many schools are experiences budgets like this. Revenue is not enough to sustain schools in the American. Unless schools find angel investors, like Houston has found, the schools may have to review how each competes like Connecticut.

UCF can't run $40 million dollar deficits. That is crazy per year especially with the crappy return. Then need to tighten up their budget. It really feels like FCS or closing down football.


SMU cut ours to $9 million

How the hell does UCONN lose 5 times more than us?

I thought ours was 4 million.

What happened?


Has never been that low that I know of.
06-25-2019 07:08 PM
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