Traditional terms for being profitable (black) and losing money (red).

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Jul 6, 2022
9:42:39pm

Forzaitalia Starter

This message has been modified

Originally posted on Jul 6, 2022 at 9:42:39pm

Message modified by Forzaitalia on Jul 6, 2022 at 9:44:00pm

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Forzaitalia

Bio page: Forzaitalia
Joined: Sep 16, 2019
Last login: May 4, 2024
Total posts: 8,993 (7 FO)

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Messages

Author

Time

My goodness the Pac12 schools are in bad financial shape.

Rise Against

7/6/22 7:40pm

Utah’s $31M in the hole? That has to be a typo, right?

Abe Froman

7/6/22 7:48pm

Nope. Their total revenue was $51 million. Total expenses were $82 million.

Rise Against

7/6/22 7:49pm

Cut Whittingham’s salary, that’s ridiculous

AF Cougar

7/6/22 8:23pm

Together, they reached. Bravo Utah!

Rise Against

7/6/22 7:50pm

Well yeah they cancelled football in 2020 and barely let people back in 2021

JoeExotic

7/6/22 7:52pm

RE: My goodness the Pac12 schools are in bad financial shape.

Jeffacka

7/6/22 7:54pm

We know BYU was about $20 mil short. That's what that fundraiser was all about

Kajdin

7/6/22 7:54pm

BYU raised the $20M

whirl

7/6/22 7:56pm

And that fundraiser put us in the black. Plus the athletic department at BYU

Rise Against

7/6/22 7:56pm

That was 2020, right?

BYU'01

7/6/22 7:57pm

Correct

Rise Against

7/6/22 7:57pm

I’m kinda surprised OK st was in the red with their sugar daddy and all

pegushin

7/6/22 8:46pm

Sugar Daddy (T. Boone Pickens) passed away in 2019.

Jasbo

7/6/22 9:26pm

What is "red" and "black" referring to in this context?

boctabulous

7/6/22 9:25pm

Traditional terms for being profitable (black) and losing money (red).

Forzaitalia

7/6/22 9:42pm

Thanks. I was thinking they were both losing money just that one was worse than

boctabulous

7/6/22 9:51pm

RE: Thanks. I was thinking they were both losing money just that one was worse

Loon to the Moon

7/6/22 11:36pm

So it says that cal is 3 million in the black (profit). I thought they were in

boctabulous

7/6/22 9:52pm

That was just for one season

Rise Against

7/6/22 10:07pm

Red equals overspending their revenue and therefore debt. Black equals making a profit.

KingDave

7/6/22 9:42pm

Evidence of go woke and go broke?

Forzaitalia

7/6/22 9:41pm

Love me some fiscal responsibility by our Cougs…

APowerfulY

7/6/22 11:50pm

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