Another $10M Loan to Bail Out Athletics

Man, I don’t know about that. They know how much money is coming in and have the power to adjust spending to fit that budget. The AD and school are choosing how much to spend and how to spend it, not the fans.

You have to be competitive in Big12. The money coming in like poor AAC. To say Houston fans have a long ways to go will be an understatement.

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Fan support needs to be better, but budget accountability is 100% with the AD and school. They’ve been overspending for years in the name of “competitiveness” with not much to show for that in football. That isn’t a fan problem.

Anyway, I have no problem with them stretching the budget. I just don’t agree that overspending is the fans’ responsibility when the administration makes bad coaching hires and other questionable decisions. They have to own that. And this wasn’t some kind of surprise shortfall - they knew they’d most likely be borrowing again this year.

I agree with you. The one pushback I would say that is not on the fans is the contract extension for Hologorsen, which Holgorsen was not asking for. The buyout was $14.8M, paid over 4 years. There was a mitigation clause if Holgy went back to work, but I am not sure if that kicked in when Holgy went to TCU, but almost assuredly kicked in when he went to Nebraska.

GEEZ, we are gonna be making 40-50 mil a year soon for Big 12 football. a 10 mil loan is no big deal. Dont make it one.

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The old saying “the more you make, the more you spend” may apply to UH. UH probably has some worthy, but not critical, projects that were put on hold until the full B12 money kicked in.

You realize that the loop isn’t some magical barrier, right?

No…but 1) its comparable in size to rhe other cities we are talking about and 2) the inner loop plus Uptown is considered “the city” as almost all of our urban amenities are located in that “boundary”

that loan amount will increase as athletics costs increase, UH will gets a big12 bump but it will be short lived. UH really needs football to be top 10 in the next 5 years to get ahead or the rest off th power 4 will get too far ahead.

Fan support and donations are the critical factors. There are probably only a handful of schools where the athletic department is self sufficient. I wonder how profitable the English department is .

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Some already posted that only 2 schools were.

The surrounding district isn’t going to come from UH, it’s going to come from developers and investors.

I think there was a story around this site a few years ago where some govt official went and yelled at someone in the area trying to change up and renovate their yard/area. Stuff just happens.

It’s going to be a battle but Elwyn Lee mentions it could be a huge benefit for the 3rd Ward if things change up a bit, but my ball in that park is that we have to benefit the current residents first, set things up for them, and let them reap the benefits along with the University. A good chunk of my neighbors were walking to campus every day to work a job then walk back home. If businesses propped up on the empty lots, they could be the first ones to target as employees, and pay them DEARLY since students who want to live/get involved on campus are going to be spending their money at said businesses anyway.

Plus with UH and TSU having their own versions of promise funds/tuition waivers, if it still doesn’t cover enough, the area can be used as a way to pipeline the local residents through the Universities.