Yeah, I can see the value if there’s a needed facility upgrade that will require a few years of fundraising to get started, as the immediate access to funds will make the borrowing cost close to offsetting rising construction costs. The risk is that it becomes more difficult to get major donations for the projects, but selling naming rights and such probably addresses that.
Some people seem to want to treat it like college kids using student loan money to party.
Spending ‘Uncle Tilman’s’ money should be done with purpose and gratitude- a hell of a lot of gratitude.
Because just like Coach Sampson said… “I shouldn’t have said we are poor… WE’RE FAR FROM POOR.”
The cat is out of the bag.
You can’t put toothpaste back in the tube.
The genie is out of the bottle.
What… that we don’t need to borrow $30 million… you’re right… the cat is out of the bag…
You guys keep clinging to one statement that CKS made off cuff… but you ignore all the other statements he made before and after that one ill-worded statement.
And you ignore our rosters which are loaded and the fact we didn’t just take this pre-approved loan…
WE’RE FAR FROM POOR BABY!!!
Yeah prob like mentioned above, I’d only take the loan to jump start a facility project that will eventually be funded / in the works so that the money isn’t wasted. A&M and Lsu as we know wasted about 25 mil each a few yrs back. Best bang for the buck is facilities bc then once all done and have to payback , we have a true asset.
Accepting a loan like this would only make sense for urgent athletics infrastructure needs, which we don’t have at the moment. I’m glad we opted out.
Watch people suggest using it to build escalators, upper deck bathrooms, and a cover at TDECU Stadium.
Adding a permanent canopy roof to an existing stadium is a major engineering project likely to cost between ($100) million and over ($300) million, depending on the structure’s complexity. Retrofitting a roof requires substantial structural reinforcements to support the added weight, often making it nearly as expensive as building a new stadium
Loans are great. It’s repaying them that is problematic.
Of all the things Sampson has said, that is one I’ll bet he wishes he had back. I am a donor, and that “poor” comment pi**ed me off.
Awesome!
I’m not mad at what he said.
We are still at the bottom of the P4s in fan support and financials.
Too risky. Simple as that.
Sampson sure as hell isn’t getting more support by whining.
Why would you expect anything different from someone that works for a public entity?
Look at the following:
City of Houston - 2026 fiscal year:
As of May 2026, the City of Houston is facing a significant financial challenge, with City Controller Chris Hollins warning of a $174 million general fund deficit for the fiscal year 2026. This is largely driven by high overtime costs in public safety, firefighter settlement payments, and court-ordered transfers for infrastructure.
Yep! The city and county dance around with spending, and going into major debt is no big deal for them.The one thing they never do is practice fiscal responsibility.
They never do but to a someone that works for a public entity that is just fiiiiiiiiiiiiine.
This is exactly why we do not want this loan. Obviously that same poster won’t get it because he only knows one mantra “Spend people’s money”
I can tell you this much.
Opting in would give us, at least for one year, a pot of money roughly equal to the P2.
With it, we could buy new baseball and tennis coaches, sign more top recruits, strengthen staffs in the revenue sports, etc.
And with the success thus created, generate more revenues so we could pay it off down the road.
Disagree with Renu on this one.
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