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Why not get Perryman to do a study to explain why we can do it.
TwoTimeAg said:
Why not get Perryman to do a study to explain why we can do it.
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But A&M officials stressed Monday that they think Fisher is worth the money. Aggie administrators have said they want to win championships. And they say they'll pay for the coach without using any state-appropriated cash.
How is that possible? It's because A&M football has been massively profitable in recent years.
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"At some point in time we may have the resources Texas A&M has, but it got to a point where a school came calling, and they basically allowed Jimbo to make history and we just weren't able to do that here," Florida State athletics director Stan Wilcox told reporters over the weekend.
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Randolph Duke
Dec. 4 @ 6:12 p.m. | Registered Texas Tribune User
Matt, the $57 million you claim as "profit" can be found on the TAMU Jan 2017 NCAA financial report taken from your "Ballpark Figures" story. Here is your link to that report. https://s3.amazonaws.com/raw.texastribune.org/college_sports/2015-2016/ncaa-texas-am-2015-2016.pdf Notice item #56 is "Athletics Related Capital Expenditures." That is the Kyle Field payment. The amount? $57,073,263. So the entire premise of your story is wrong. TAMU athletics generated ZERO free cash flow last year. Every dime of income was either consumed by operating expenses or capital expenditures. I look forward to your correction.
The Notorious A.G.G.I.E. said:Quote:
Randolph Duke
Dec. 4 @ 6:12 p.m. | Registered Texas Tribune User
Matt, the $57 million you claim as "profit" can be found on the TAMU Jan 2017 NCAA financial report taken from your "Ballpark Figures" story. Here is your link to that report. https://s3.amazonaws.com/raw.texastribune.org/college_sports/2015-2016/ncaa-texas-am-2015-2016.pdf Notice item #56 is "Athletics Related Capital Expenditures." That is the Kyle Field payment. The amount? $57,073,263. So the entire premise of your story is wrong. TAMU athletics generated ZERO free cash flow last year. Every dime of income was either consumed by operating expenses or capital expenditures. I look forward to your correction.
TwoTimeAg said:
Why not get Perryman to do a study to explain why we can do it.