Wisconsin’s financial issues

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Aug 5, 2020
8:50:11am

the_byu_flash Truly Addicted User

Wisconsin’s financial issues

Wisconsin says it is facing a revenue shortfall in excess of $100 million. In best-case scenario w/conference–only schedule & limited capacity at home games, UW would still lose $60–70 million in revenue. So school is asking fans to donate to The Badger Legacy campaign
— Brett McMurphy (@Brett_McMurphy) August 5, 2020

https://twitter.com/Brett_McMurphy/status/1291012598989762563

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the_byu_flash

Previous username: MWKV3
Bio page: the_byu_flash
Joined: Dec 9, 2015
Last login: Apr 24, 2024
Total posts: 11,812 (67 FO)

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Messages

Author

Time

Wisconsin’s financial issues

the_byu_flash

8/5/20 8:50am

Proof, again, that P5's are bad fiscal managers and live on the ends of their means. Cuz they make plenty of $$$.

8/5/20 8:51am

RE: Proof, again, that P5's are bad fiscal managers and live on the ends of

bluenowandforever

8/5/20 9:02am

But their locker rooms are pretty.

Soupie

8/5/20 9:02am

Proof that FCS teams will rise from the ashes as the victors...

TheLost

8/5/20 9:03am

So BYU should just move down to FCS and all our problems will be solved!

Coooooogs

8/5/20 10:50am

I don't know if we could get past Weber St..

TheLost

8/5/20 12:36pm

Living on the ends of their means is necessary (in their minds)

Hotty-Toddy-Reb

8/5/20 9:20am

Doubtful

reddead

8/5/20 12:17pm

IDK...they are definitely spending money on engagement and amenities, but I

Hotty-Toddy-Reb

8/5/20 1:53pm

I guess we see things differently

reddead

8/5/20 3:29pm

And we expect players to be financially savvy? Their institutions aren't helping

8/5/20 8:52am

Whats crazy is the complete lack of awareness by these schools.

rad dawg

8/5/20 8:53am

If you’re business model folds I’m not sure that’s just poor planning

SouthernBlueBlood

8/5/20 8:54am

Where's their rainy day fund? That's a planning issue.

8/5/20 8:56am

I completely agree.

rad dawg

8/5/20 8:58am

Loss in revenue is different than poor lack of budgetary restraints

SouthernBlueBlood

8/5/20 8:53am

When you make plenty every year and live on the edge of it every year, it is poor fiscal management.

8/5/20 8:58am

How does this happen? Don't they have business professors there

Mister P

8/5/20 8:58am

"We might make a lot of money, but we also spend a lot of money too."

JuicyJam

8/5/20 9:03am

Never let a good crisis pass without asking for money.

StalwartBraveTrue

8/5/20 9:22am

It’s the same thing as a multi millionaire making $500 million

D.T. Survivor

8/5/20 10:24am

Maybe the LDS church and BYU policy of living well within means isn't a bad idea

cougarnw

8/5/20 10:35am

Yeah. Then Covid happened and nobody seems to mind now.

Mister P

8/5/20 10:38am

Last Christmas my 88 yr old grandfather talked to the family about the Church's

TailgateU

8/5/20 11:06am

I think $100b was probably a conservative estimate, not an overstatement

reddead

8/5/20 5:36pm

^^^this.

8/6/20 4:38am

This is the first of many to come and all revenues will be down

Nat Gas Man

8/5/20 10:39am

Get woke, go broke.... no doubt many PAC schools are in same boat

Pretorian

8/5/20 10:50am

That Totally unintentionally rhymed... just adding to its truthfulness

Pretorian

8/5/20 11:20am

RE: Wisconsin’s financial issues

BoiseStateBronco19

8/5/20 11:02am

Their budget is use it or lose it. Worse case scenario is showing a profit at

8/5/20 11:09am

Is anyone really surprised by this? I mean these colleges are talking kids into

crack

8/5/20 11:39am

Perhaps BYU's financial prudence is ultimately the key to P5 entrance

cougarnw

8/5/20 11:50am

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