Yet you’ve never mentioned AD debt in your numbers. It’s like someone who’s upside down on their mortgage and saddled with tens of thousands in credit card debt but because they’ve never missed a payment they think they’re doing well.
“tHe aD iS bIgLy pRofiTaBlE!” <ignores millions of dollars in interest and debt payments per year and recent new $18M dollar loan>
Today’s guest columnist is Michael H. LeRoy, professor in the University of Illinois School of Labor and Employment Relations, and College of Law. As a professor on the University of Illinois Athle…
www.sportico.com
Most observers are well aware of the extant hierarchies in the NCAA. It turns out, however, that there is also a sharp distinction between the top half and the bottom half of the 64 Power Five schools.
www.forbes.com
But yeah, I’m the biggest idiot in the world for wanting to take a hard look if this is the best path forward for CU.
Sure, the soccer team doesn’t pull in money but would it actually cost less due to the fact they don’t require millions upon millions of debt to operate or stay competitive? Could this option relieve some of the debt burden from the university as a whole? Would this open up credit lines and bond options that would allow CU to make overall campus improvements and add programs that boost academic rankings?