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The AD is what it is and has been what it’s been. If they needed money because the broader university wouldnt give them any, then that’s what they had to do. They’ve been one of the worst programs in the country for over a decade. I’m not sure taking a loan during Covid is any worse for optics than the product they’ve routinely put out on the field
Another perspective, yes. I guess I just see this as CUAD doing what it needed to do within the reality of their situation.
You just defined CU's mission statement.
Someone please give that post a sad emoji since I couldn't give both the lol and sad to express how I really feel.
The reality of of CUAD’s situation is they are the only AD who needed a bailout and whose University didn’t come to their aid and instead let them fend for themselves. I don’t blame the AD for taking the loan but speaks to the University’s general apathy towards the AD.
Correct, but did we really need this loan situation and the subsequent two days of back and forth to come to that conclusion?
I don’t know, I joined this conversation late. If the consensus is the AD did what it had to do but it’s incredibly embarrassing and small time then I agree.
Pretty sure we have reached pique irrelevance here.
I think the CU AD should have a bake sale.
Actual CU AD response "Okay fans. If you're good fans, you'll throw a bake sale for us. Also, you might need to buy your own unsold goods at the end of the day."
Yeah, moved to the Twin Cities.
Wait- isn't Phil the chair of the CEO group of the Pac-12? From that perspective, wouldn't he be involved in offering and setting the terms on this loan? If so, is it not a huge conflict of interest for him to decline to float the AD so that they have to borrow money from the P12?
Relax. Phil negotiated an interest only loan at 0% interest on a 30 year term.
I don't think it's that low. I recently read an article that said Lane's AC budget at Ole Miss was $3.2M.
I think it helped a lot that the Boulder seat changed hands on the BoR.
You'd hope so.
Until the next time a regent decides to say or do something stupid.
That, at least, is still bipartisan.
No. It is FACT that only Republicans love football.
Democrats love dogs — just not football, guns, capitalism, religion, and the greatest living president!
I think it’s reasonable to separate their willingness to spend money from their ability to spend money wisely. First things first.
