LSU New Locker Rooms

[canesproponent]

Fiscal Year 2020 - Louisiana State University

As LSU is putting together its $562 million operating budget for the coming year, administrators have discovered they’ll probably come up about 3% short, but the Board of Supervisors wants to try to find the money elsewhere and not raise fees again.

While the amounts received from the state were like last year, Louisiana taxpayers have reduced their appropriation to LSU by roughly half since 2009. LSU received received $254 million from state coffers in 2009 and $115 million for this fiscal year. The difference has been made up, in large part, by fee and tuition increases.

Another example of an affiliate is the Tiger Athletic Foundation. Formed in 1983 to support LSU’s football, baseball and other athletic programs, TAF is a nonprofit sitting on nearly a half billion dollars in assets, $498.7 million in 2017, and a quarter billion in funds, $244.4 million, according to disclosures filed with the Internal Revenue Service. TAF’s principal offices are in the Pete Maravich Assembly Center on the LSU campus.

 

[Rellyrell]

Athletic revenues may be increasing, but Louisiana State University is struggling mightily with regards to its academic budget.

As funding from the state hits crisis levels, LSU is considering a bankruptcy type option to manage the financial dilemma. The term is financial exigency, and it is essentially a plan to cut costs in coping with declining funding or revenues for the university. The process would enable LSU officials to have more flexibility in laying off faculty and cutting academic programs. Opponents of the plan say that it will make recruiting top faculty in the future nearly impossible.

Without a solution from the Louisiana Legislature, state schools such as LSU face a possible 82 percent cut in state funding. As noted in a recent NOLA.com article, that would equate to a cut from roughly $3,500 per student in state funding to approximately $660.

The topic of drastic cost cutting measures on the academic side while salaries increase on the athletic side is always a controversial topic. SEC schools are being hit with tidal waves of cash from the newly launched SEC Network which has led to a recent hiring spree of basketball coaches across the conference. However, critics of skyrocketing coaching salaries while academic budgets remaining stagnant or cut is nothing new.

The bottom line is that the trend of top-tier college athletics generating increasing amounts of revenues while college academic funding continues to be a challenge is likely to continue.

Today, television networks are willing to pay more and more money for live sports programming as live sports remains one of the only entertainment options bucking the on-demand/netflix/DVR world of consuming television content. Meanwhile, government budgets continue to be strapped for cash and universities are finding themselves competing with a new crop of digital education platforms around the world.

Interestingly, it’s not uncommon for university officials and administrators to double down on the athletic side of the equation while academic programs are cut. It can be justified when you consider the LSU football team playing a nationally televised game on Saturday night to be the best form of advertising that the university can present. This advertising, many hope, will help keep the students coming and the government backed student loan payments flowing. This strategy, however, is no sure thing (just ask UAB).

This won’t be the last time we hear of a college football powerhouse university having financial difficulties.

So in other words, they can give two fcks about education as long as their football is poppin.

 

[canesproponent]

So in other words, they can give two fcks about education as long as their football is poppin.

Yes, and what is even more alarming is that their Foundation has $244M in cash!!! LSU's Foundation's offices ARE IN THE ATHLETIC FACILITY.

LSU's Foundation is even bigger than Alabama's. Georgia's Foundation must be monstrous because there are 14 Fortune-500s in Atlanta!

A degree from LSU at present is as worthless as Alabama's.....

UF needs to depart the SEC if they want to maintain the value of their degree. For Vanderbilt, a perennial top-25 school, it does not matter, but degrees from Alabama, Mississippi, Tennessee, Kentucky and Louisiana are basically worthless at present. A Georgia degree is useless outside of Atlanta, and even in Atlanta it will always be second fiddle to the Ivies, UNC, Duke, Emory and Georgia Tech......

UF needs to leave the SEC as soon as possible. In 25-years, the worth of an SEC diploma will be even worse........

Vanderbilt should move to the ACC......

 

[TheEye]

Say what you will about Miami, but at least they still know what it means to be a university.

 

[canesdogo]

No nail salon or slides? Weak ****.

No that is Clemson..........

 

[MainLineCane]

..sleeping area a great idea

IMPRESSIVE especially the sleeping area near the lockers

Now they won't have any excuse for sleeping while Orgeron is talking.

 

[KrazyCane]

Tacky af and ohh they can take naps while the coaches are talking... not impressed.

 

[Lokest]

Say what you will about Miami, but at least they still know what it means to be a university.

He's right you know..

 

[canesupremacy]

Is there something wrong with their own bedrooms? They aren’t letting them go home now

 

[CanesAreAble]

Is that a locker room, or a club?

I’m gettin’ too old for this ****.

 

[brock]

Jon Vilma was speaking facts about facilities today and the impact on them in the mind of recruits on college football live today after they showed LSU new lockeroom ...

He said he had always loved Miami and didn’t care about facilities as Miami didn’t have the most impressive facilities back then. He just had an affinity for the school and what they done in the past. Now a days these kids grow up with no affinity to certain schools and the facilities certainly attracts them along with winning and if you can get them to the league. People try to downplay the impact of facilities but you are sadly mistaken

 

[UMFarArcher]

the prehistoric ***** on this board wont like this but something like this is what recruits literally salivate over

Wy you gotta go call me names?

 

[pacusmc]

Sorry. Sleeping area or not. That sht is ugly AF!
Looks like a power rangers movie set.
Waiting for some of those purple space monsters to pop out of one of those cubbyholes.

 

[South Side Chi Cane]

the prehistoric ***** on this board wont like this but something like this is what recruits literally salivate over

I'd rather be a prehistoric **** then be in tune with what young men salivate over.

 

[Empirical Cane]

Ugly as sh*t...looks like a shrine to Prince.

Bite your tongue.

Bow down to the Purple One.

 

[JD08]

There's plenty of money for that sort of thing when you don't **** money away on things like professors, classrooms, running water and soap.

 

[South Side Chi Cane]

Athletic revenues may be increasing, but Louisiana State University is struggling mightily with regards to its academic budget.

As funding from the state hits crisis levels, LSU is considering a bankruptcy type option to manage the financial dilemma. The term is financial exigency, and it is essentially a plan to cut costs in coping with declining funding or revenues for the university. The process would enable LSU officials to have more flexibility in laying off faculty and cutting academic programs. Opponents of the plan say that it will make recruiting top faculty in the future nearly impossible.

Without a solution from the Louisiana Legislature, state schools such as LSU face a possible 82 percent cut in state funding. As noted in a recent NOLA.com article, that would equate to a cut from roughly $3,500 per student in state funding to approximately $660.

The topic of drastic cost cutting measures on the academic side while salaries increase on the athletic side is always a controversial topic. SEC schools are being hit with tidal waves of cash from the newly launched SEC Network which has led to a recent hiring spree of basketball coaches across the conference. However, critics of skyrocketing coaching salaries while academic budgets remaining stagnant or cut is nothing new.

The bottom line is that the trend of top-tier college athletics generating increasing amounts of revenues while college academic funding continues to be a challenge is likely to continue.

Today, television networks are willing to pay more and more money for live sports programming as live sports remains one of the only entertainment options bucking the on-demand/netflix/DVR world of consuming television content. Meanwhile, government budgets continue to be strapped for cash and universities are finding themselves competing with a new crop of digital education platforms around the world.

Interestingly, it’s not uncommon for university officials and administrators to double down on the athletic side of the equation while academic programs are cut. It can be justified when you consider the LSU football team playing a nationally televised game on Saturday night to be the best form of advertising that the university can present. This advertising, many hope, will help keep the students coming and the government backed student loan payments flowing. This strategy, however, is no sure thing (just ask UAB).

This won’t be the last time we hear of a college football powerhouse university having financial difficulties.

So another inbred school gets dumber. As the commercial says....priceless.

 

[Fightinibis]

So this is what stealing money from hospitals gets you.

That and legacies from other schools and blue chippers you have no business getting many years in recruiting.

UM

 

[JG13]

Bite your tongue.

Bow down to the Purple One.

View attachment 90855

 

[caneworld]

Looks like an ugly, Vietnamese nail salon