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  1. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    Bumping this thread because I had a chance to speak to a Trustee today, not regarding football specifically, but he did mentioned that the University is changing the way they approach business. The mentality has always been what can we do with limited resources and the thinking is now we have...
  2. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    Missing the point. Athletics and football generate a positive margin. The school in the past has relied on this to support the overall academic institution. Based on current financial performance that is not an issue. There is flexibility to properly invest in the football team should the people...
  3. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    What have I suggested? The school is not broke, that’s all I pointed out.. This assumption you have that we need to access non-athletic dollars to increase spending in athletics is incorrect. Not sure why you keep harping on it. Even if you were to say, well the school might rely on the...
  4. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    I am not sure what the budgeted margin was, but this far exceeded it. So, ultimately a very small amount of it is earmarked or tied up. I’ve read your posts across other threads and you are way off on how the dollars are allocated and this general fund concept is implemented. Way off.
  5. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    330M of it, school alone was 100M
  6. BigCaneAl

    University of Miami FY2021 Financials (We aren’t broke)

    Hot off the presses. $432M bottom line. https://controller.miami.edu/_assets/pdf/documents/fy2021_financial_statements.pdf
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