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University financials FY24

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TaylorWalls said:
$350,000,000 in additional revenue through the hospital system
$250,000,000 less expenses in "Compensation and Benefits"
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So cutting employee salaries and benefits? Is that correct or is it something else like cutting redundant positions, trimming administrative fat etc?
 
ghost2 said:
So cutting employee salaries and benefits? Is that correct or is it something else like cutting redundant positions, trimming administrative fat etc?
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My screwup, I transposed the years. It was an increase, which is expected as the hospital system grew.
 
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I wonder who ran that extremely profitable health system?!?!?


I have to say after 20 absolutely brutal years we now have:

- an undefeated football team that everyone loves to hate.
- a head coach that has passion for this university, a genuine hatred of those other programs in this state, knows what he’s doing and has the Saban blueprint which allows him to build a program the right way
- a ton of recruiting momentum…. Watch the finish
- drawing a ton of big numbers tv wise - have to think this is good for realignment for us
- complete alignment as a university when it comes to athletics and their importance in driving revenue and applicants
- a university president that is extremely business savvy and also loves this university . Also someone that isn’t some snooty academic who doesn’t understand the current landscape of how education and athletics intertwine


I think the coming years are going to be some of the best for the university. I’m pumped
 
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MPCane17 said:
I wonder who ran that extremely profitable health system?!?!?


I have to say after 20 absolutely brutal years we now have:

- an undefeated football team that everyone loves to hate.
- a head coach that has passion for this university, a genuine hatred of those other programs in this state, knows what he’s doing and has the Saban blueprint which allows him to build a program the right way
- a ton of recruiting momentum…. Watch the finish
- drawing a ton of big numbers tv wise - have to think this is good for realignment for us
- complete alignment as a university when it comes to athletics and their importance in driving revenue and applicants
- a university president that is extremely business savvy and also loves this university someone that isn’t some snooty academic who doesn’t understand the current landscape of how education and athletics intertwine


I think the coming years are going to be some of the best for the university. I’m pumped
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Last step — get the **** out of the ACC.
 
Genghis Cane said:
Last step — get the **** out of the ACC.
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Im with ya, but from a pure championship run standpoint, the path from the ACC is definitely lower hanging fruit. From a monetary perspective you can’t get left out of the SEC or BIG but man those guys just all beat up on one another
 
MPCane17 said:
Im with ya, but from a pure championship run standpoint, the path from the ACC is definitely lower hanging fruit. From a monetary perspective you can’t get left out of the SEC or BIG but man those guys just all beat up on one another
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It sucks but we have no other option. CFB is headed towards a major and minor league. Anyone not in the Big 10 or SEC will be relegated. We can’t be on the outside looking in.
 
MPCane17 said:
Im with ya, but from a pure championship run standpoint, the path from the ACC is definitely lower hanging fruit. From a monetary perspective you can’t get left out of the SEC or BIG but man those guys just all beat up on one another
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They can lose 2 to 3 games, we can lose 1, it's even
 
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