(10-03-2020 06:10 PM)Tribe32 Wrote: What will come out of the Athletic Department soon will be some sort of question that pits the 7 against the rest asking whether the overall sentiment is to keep more and let all become less funded or cut and fund the ones that "matter". The word in quotes is the key to the question. So far BOV, Admin have decided which "matter". We are going to hear about how little money we have, how much there is to fund sports in general, etc. They are going to show us with "transparency" how they got to their conclusion and are going to challenge the alumni/fans/professors/parents/players to figure out how to solve it.
Great idea, but should have been done six months ago.
Not only that, but there needs to be
true transparency on the numbers -- which we haven't had. For example, needing a $150M endowment was a false number because it 1) included rowing and softball, two sports that we don't even have and 2) it counted how much money was needed to fund EVERY sport at the full scholarship level. That was disingenuous because 1) some sports like football and basketball are already funded under full endowment (so subtract those amounts from the $150M*) and 2) swimming and other sports have already proven that they can compete at a high level with NO scholarships (so, again, subtract that amount from the $150M*). Also, regarding
true transparency, it is only natural that when you have been lied to by someone repeatedly that you mistrust data that they give you. Therefore, all data provided must be vetted by competent accountants. I'm sure the Tribe7 have alums who are not only competent but that would do it pro bono.
So, once the W&M community has been given data that they can trust, then we can do all the collaborating and brainstorming to make it happen. There is no doubt in my mind that at least 6 of the 7 sports could do all that was truly necessary to stay alive.
*** Or, if the $150M is a true number to fund all sports, then you still need to subtract all of the other sport endowments that you already have in order to reach the "this is how much we need to fund the 7 sports" number. In other words, name the honest, true goal of money that is still needed. It definitely is NOT the $150M number.