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FWIW, guess donations dipped right when we were paying out Jimbo too...double whammy

10,398 Views | 87 Replies | Last: 28 days ago by Sparkie
90ags
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https://www.msn.com/en-us/sports/athletics/texas-a-m-12th-man-s-donations-dipped-amid-jimbo-fisher-buyout/ar-AA1EDHzi

Quote:

According to a copy of the organization's latest tax return, obtained by Sportico, the 12th Man Foundation reported bringing in $95.7 million in FY24, set off against $116 million in expenditures. It brought in $121 million in total revenue for FY23, according to its previous IRS filings.

The latest returns show the foundation's overall reported shortfall owed primarily to a decrease in contributions and grants, which went from $113 million in FY23 to $85 million in FY24.
During that same span, Texas A&M's athletic department expenditures jumped nearly $50 million, according to the school's NCAA financial disclosures, from $194.6 million in FY23 to $243.8 million in FY24-the fourth-highest increase among FBS public universities.
Pepe SiIvia
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AG
Good. Hope it keeps dropping. This athletic department is a straight up joke that has no sign of letting up. No hardware to show for the last two decades is terrible.


Having money doesn't mean you know what you're doing if this recent stretch of history is to be believed.
vander54
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S
Cool. So you want to make it worse
World's worst proofreader
Pepe SiIvia
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Everyone knows doing the same thing and expecting a different outcome is completely sane and not mentally deficient
vander54
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And everyone knows money wins championships. So strip money pretty much gaurantees no championships. Give me wasted mokney with an outside shot versus no money and no shot

Granted it ain't my money so it's easy for me to say.
World's worst proofreader
Aggie Dad 26
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Pepe SiIvia said:

Good. Hope it keeps dropping. This athletic department is a straight up joke that has no sign of letting up. No hardware to show for the last two decades is terrible.


Having money doesn't mean you know what you're doing if this recent stretch of history is to be believed.


+1

These poor millionaires and their careers. They don't have to win anything and can still keep their jobs.

I hope donations plummet to an all-time low
Aggie Dad 26
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vander54 said:

Cool. So you want to make it worse


No, and message needs to be sent. If you want donations you do your job.

These people haven't done their job. Neither did those they replaced, and the ones before that.

The cycle must be broken. Hire someone who's hyper competitive and HATES losing.

Not someome who knows how to make money
Pepe SiIvia
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Somehow other schools know how to spend money AND win. But shucks, us good ole boys down here just can't seem to figure it out.

I guess that's why we have dumbass moral-victory mantras about time running out instead of admitting the team lost.
NoahAg
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Pepe SiIvia said:

Good. Hope it keeps dropping. This athletic department is a straight up joke that has no sign of letting up. No hardware to show for the last two decades 85 years is terrible.


FIF battered Ags everywhere
TX_Aggie37
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AG
Yep. Reduce money and resources. That'll get us heading in the right direction for sure.
greg.w.h
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Aggie Dad 26 said:

vander54 said:

Cool. So you want to make it worse


No, and message needs to be sent. If you want donations you do your job.

These people haven't done their job. Neither did those they replaced, and the ones before that.

The cycle must be broken. Hire someone who's hyper competitive and HATES losing.

Not someome who knows how to make money
You have zero clue what you are talking about. Maybe it's time to do research and figure out how this all works.
Aggie Dad 26
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greg.w.h said:

Aggie Dad 26 said:

vander54 said:

Cool. So you want to make it worse


No, and message needs to be sent. If you want donations you do your job.

These people haven't done their job. Neither did those they replaced, and the ones before that.

The cycle must be broken. Hire someone who's hyper competitive and HATES losing.

Not someome who knows how to make money
You have zero clue what you are talking about. Maybe it's time to do research and figure out how this all works.


Yeah, these decision makers in Aggieland have been winning so many national championships in football, baseball, and basketball. They're so good at what they do. I hope they get the well-deserved raise
Aggie Dad 26
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TX_Aggie37 said:

Yep. Reduce money and resources. That'll get us heading in the right direction for sure.


How many programs have won a championship with less money and resources? Too many to count?
twk
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NIL money didn't count as a donation to the TMF.
Jugstore Cowboy
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Does this really reflect a drop in regular donations, or is it reflective of major donors paying off major projects and buyouts?

Everyone reported on A&M athletics hitting a peak during the stadium rebuild and other renovations - but that didn't mean regular donors had gone hog wild throwing money at the program.

*and reading twk's post, all the money going into NIL is not counting towards TMF revenue - so that might explain where some of it is going.
4
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We could have a billion dollars of donations every year for 10 years in a row and we still wouldn't win anything.

The money is nice, but in our case it really doesn't matter
vander54
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Less sure. But not by a ton at least in the modern era
World's worst proofreader
W
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some of the donation loss is the buyout money to Jimbo

the opportunity cost
Pichael Thompson
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So we got a better return on less money? I'm not sure I see the problem


Also +1 on the point 4 made



The money doesn't matter in the end bc this university will always choke when games are important


We're good for a 10+ win season every 10 years or so but everything else is 8-4 or less
WorkTogetherAgs
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SunrayAg
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Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…
the most cool guy
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vander54 said:

Cool. So you want to make it worse

Absolutely. People and organizations that make money while being incompetent will never change course until the money dries up and they are forced to change course. That is a fact of life. Our athletic department clearly believes its number 1 goal is to generate revenue for itself, not to win championships. All of the people working for it need to be disabused of that notion. The only way to accomplish that is turning off the money spigot.
Pichael Thompson
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the most cool guy said:

vander54 said:

Cool. So you want to make it worse

Absolutely. People and organizations that make money while being incompetent will never change course until the money dries up and they are forced to change course. That is a fact of life. Our athletic department clearly believes its number 1 goal is to generate revenue for itself, not to win championships. All of the people working for it need to be disabused of that notion. The only way to accomplish that is turning off the money spigot.



Also mass firings in this incompetent athletic department can't hurt either
KaneIsAble
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The $35-40 at Texas includes the $20ish included from revenue sharing. Lots of schools will be there.
Hank the Grifter
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Give your money to the department your major was in. Or give to the Corps. Or to St. Jude's.

College athletics doesn't need a dime. Especially when you see what WE do with it.
Aggie Dad 26
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SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…


"Insanity is doing the same thing over and over again and expecting different results. ' According to a large number of inspirational mugs and posters, this famous quote comes from none other than Albert Einstein."

Thoughts?
Hank the Grifter
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SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You must not be familiar with the concept
of throwing good money after bad.
the most cool guy
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SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?
SunrayAg
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AG
the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.
one safe place
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SunrayAg said:

the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.
We have a well earned reputation of getting less out of more, so perhaps this doesn't apply. Since we do so well at getting less out of more, giving more means would could win less and less wins could, in turn, result in more giving and us getting even less than we got when we gave a lot, but gave less than we are going to give next year.

It's all so confusing. No matter what. it's 8-4 if we are lucky, 7-5 if not.
Aggie Dad 26
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SunrayAg said:

the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.


The last time A&M "flourished" was 1939. You can't possibly be this obtuse
Kramer
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Always great to dip into the Zoo seeing people with no Ag tag, no former student tag, no 12th Man tag, and no TAUnited tag complaining about wasted donations.
"The only happy Aggie is an unhappy Aggie." Shelby Metcalf
the most cool guy
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SunrayAg said:

the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.

If that's what you're going with, then tell me….

If you had a corn field that you spent millions of dollars every year paying people to water and care for, but it never grew any corn, or maybe it grew corn only once every 30 years…..would you keep spending millions of dollars on it every year? If you say yes, you're a liar.
TXAG 05
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Aggie Dad 26 said:

SunrayAg said:

the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.


The last time A&M "flourished" was 1939. You can't possibly be this obtuse


Mid 80s-mid 90s. In 10 years won the conference 6 times, 7 if you count the probation year.
SunrayAg
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AG
the most cool guy said:

SunrayAg said:

the most cool guy said:

SunrayAg said:

Brainy.

My corn field isn't yielding as much as I think it should, so I'm going to cut off the water and fertilizer until it yields more…

Staggering intelligence!

Maybe one day the intellectuals in our fan base will figure out the problem is us…

You comparing a college athletic department to a plant?


Absolutely. Give a plant what it needs and it flourishes. Withhold what it needs, and it shrivels and dies.

Very similar to a college athletic department in the modern era where money buys championships.

Only our fan base would be genius enough to expect better results with less resources.

If that's what you're going with, then tell me….

If you had a corn field that you spent millions of dollars every year paying people to water and care for, but it never grew any corn, or maybe it grew corn only once every 30 years…..would you keep spending millions of dollars on it every year? If you say yes, you're a liar.
I can see the special olympics crowd is running things on this thread, so I will just let you have your whine and pout fest.

Y'all just keep on telling yourselves that less money will change things for the better.

Then wonder why people tell Aggie jokes...
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