Was it worth it? Do not let them fool you.

[JD08]

If your talking about coaching salaries, she was on record stating that she believed head coaching salaries were already outrageous (I believe this was pre-2007 and Saban...while we acquired Shannon) and basically pledged she wasn't going to let UM get caught up in all of that.

I am of course paraphrasing, and I cannot recall where I read article.

As to my second point, I can see where your coming from, but it always bothered me a little bit to think (wild unsupported conspiracy theory on my part) to think that maybe she profited in some manner by moving UM away from any litigation over the Orange Bowl lease. Again, the City was in breach of the agreement for a loooooong time before they started kicking around the profitable notion of putting the Marlins there.
So, maybe it doesn't save the OB, but the damages were real....not to mention forcing UM to seek a home elsewhere.

UM

Hmm. Her comment wasn't something I was aware of, but it's good to know.

As far as the OB, I strongly suspect that's a matter of not ****ting where you sleep. Do you really force Miami's hand on a stadium on its last legs?

 

[jackedaround]

Hmm. Her comment wasn't something I was aware of, but it's good to know.

As far as the OB, I strongly suspect that's a matter of not ****ting where you sleep. Do you really force Miami's hand on a stadium on its last legs?

University of Miami Fires Coach Larry Coker (Published 2006)

The University of Miami fired head football coach Larry Coker today, after an uneven season marred by tumult on and off the field.

www.nytimes.com

She said it herself. We deserve the best.

 

[Fightinibis]

Hmm. Her comment wasn't something I was aware of, but it's good to know.

As far as the OB, I strongly suspect that's a matter of not ****ting where you sleep. Do you really force Miami's hand on a stadium on its last legs?

Again, your talking about specific performance, I am talking about damages long overdue. Nothing was going to save the OB, though I believe UM should have been made whole on the deal.

All of that said, at best it was likely not ****ting where you were sleeping, at worst it was a profitable (politically or otherwise) move for Shalala and others.

 

[JD08]

While Shalala could have been better, I don't think you'll find anyone able to make a compelling that Frenk has been great at any aspect. I suppose maybe the campus renovations, but everything else?

 

[RightSaidFred]

Sacrificing athletics for what academics?

"In 2011, The U.S. News and World Report rated the University of Miami as the 38th best university in America, placing it higher than ever before. UM’s ranking has fallen 15 spots since then (2018)." - The Miami Hurricane.

Now we are 52nd. Not exactly a trade off.

What is more upsetting is the true reality of what is ruining our school. Management at the top and the mission. We spend a quarter billion a year on research. This is 60 million more than auxiliary expenses which include residence halls, food services, retail stores and athletics. To put it in perspective it doesn't cost the school a dime to run the football program. NOT ONE DIME.

Currently, UM has net assets of 2.34 billion and they are sitting on unrestricted net cash of 270 million. This does not include any restricted funds from donors marked for football or athletics. Not to mention they have now decided to bury research and auxiliary expenses in the Financial Statements as of 2019. The reason...one can only wonder.

In 2006 UM generated 507 million in revenue from patient care and the hospital facility with expenses of 436 million. As of 2019 the revenue is now 2.105 billion and expenses are 1.887 billion. So what have we become? You tell me where the interests lie.

Let me be clear. We have the money to put the program back on the map. To put the right people in place. Yet we chose not to. The definition of insanity is doing the same thing over and over and expecting a different result. Or maybe the fans mission is not the same as those who actually run Miami. Stop feeding the problem and start putting the pressure on them. A comfortable nature is one which never moves.

I was looking at this last night and wondering what the heck "auxiliary" revenues and expenses are. I figured it must be athletics.

But, of course, not all of it is captured under that bucket. For example, the University charges an athletics fee to all students - every student is a season ticket holder to all sports, in effect - but that's probably captured under one of the "tuition and fees" line items because it would be a pain for them to split that out.

Nonprofit reporting is always tough to understand though. They don't have any shareholders they're responsible to, so the only thing you're going to get are state and IRS filings.


That said, UM is a hospital that, oh by the way, happens to have a school tagging along for the ride which, oh by the way, happens to have a football team.

Which is why football needs to be split out and run separately. The same people who run a hospital should not be running a football team. That much should be common sense.

Leave the football to the football people. Hire an AD that understands and can manage a football team, and then leave him alone to do his job.

 

[RightSaidFred]

Short of stealing an AD from a top 10 program and paying him his worth, we are second fiddle to FIU.

Real talk...

I said this many months ago and was laughed at, but....

FIU is a big public school in the heart of South Florida. They have their own stadium on campus. They have a huge alumni network. That school has every advantage that Miami has as far as location, and none of the baggage or disadvantages.

The time may come very soon when the "big three" become UF, FSU, and FIU.

All FIU needs to do is to join a real conference. Then you can put a fork in the University of Miami because we're cooked. We won't be able to compete with them at that point.


Straight facts.