Louisville in 30 mil debt in athletics

How much is ours still?

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Doesn’t matter so long as their NIL is solvent.

At one time they were considered one of the best run departments in the country

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Man, if only there was something or somebody who was working to save college football and create a level playing field for the Louisvilles of the world…
I guess most are satisfied with the king makers model we currently operate under.

Every player in the game knows this is going to blow up. And everyone in the game knows congress will intervene. This is about grifting as much revenue for your dept before the collapse comes. Then…and this is key, position yourself as a supporter of the coming rules changes as if you thought it criminal all along.
(Saban)
You know, to stay on the right side of gub-mint and to have influence to take advantage of the new gub-mint approved grift.

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I don’t think they can nil their way out it’s athletic dept debt which is probably separate

My guess

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Why don’t they just take out a private equity loan and pay off their debt?

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A private equity loan doesn’t pay off debt…it extends & grows the debt!

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I said…[quote=“AU1906, post:4, topic:69410, full:true”]
Man, if only there was something or somebody who was working to save college football and create a level playing field for the Louisvilles of the world…
I guess most are satisfied with the king makers model we currently operate under.
[/quote]

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Per AI ( unverified )

Annual Subsidies and Financials

Historical and recent financial data compiled by the Knight Commission and school records highlight the university’s reliance on subsidies: [1]

  • FY 2025: The department operated at a deficit, resulting in the university providing $33.03 million in direct institutional support—a 9.1% increase from the prior year. [1]
  • FY 2024: Recorded a $10 million operating loss. The Board of Regents approved a $10 million loan from a quasi-endowment to cover the shortfall. [1, 2]
  • FY 2021: The department received $49.46 million in total subsidies (including a record $41 million in direct university support and $8.46 million in student fees), representing three-fourths of all revenue. [1]
  • FY 2020: $37.9 million from general funds. [1]
  • FY 2019: $34.2 million from general funds. [1]
  • FY 2018: $31.2 million from general funds. [1]

Just want to note that Louisville made $150M in revenue but spent $180M.

That is insane.

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Louisville’s financial dilemma is being repeated by universities across the country. Unless you are the bluest of blue bloods, you are operating your athletic department at a deficit to stay competitive. There is only so much juice to squeeze in that orange.

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True. They operate on the thinnest of margins:

College football would have been better served if they set up paying players based on profit sharing instead of revenue sharing.

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Thank you posting. How many programs do you think operate in the black? Maybe 5% at most. You also have to consider that certain programs built their blue blood status on paying players and having their school benefit from huge endowment over the years. Stadium size is a great example. Michigan is just one example. Their stadium kept getting bigger over the years to match up with their geographical rivals. FOX had a great documentary on it. Money was never an issue. Buy players, build the biggest stadium and the crowd will follow. Some of these universities became Taj Mahal’s because of that same endowment. uta and atm will have never became what they are without the PUF.

Yeah I’m with you on the PUF , it’s why A&M and UT are great with easy money. Take some of the PUF money and create 5 great universities such as A&M, UT, UH, Tech and maybe Texas state. Texas is huge in population and should have 5 great public universities. Mississippi has 2 flagships from a poor state and Louisiana with a pop have of Houston has lsu. It’s political bs in Texas to only have 2 flagships here.

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For a second there 9, I thought you were referring to Texas High School football.

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Thank you. It is 100% political and this should have never been allowed to go on as long as this. The longer this goes on the more “mafia” like this appears especially to the Texas residents that have moved into Texas.
uta and atm keeps building and building and we are left battling local Third Ward politicians that have one goal in mind. Being reelected. It is AMAZING what U of H has been able to accomplish despite all of this PUF MAFIA. Clearly this is not “seating well” with uta…and yes they still have not sold the land. Some people on coogfans keep bringing up our attendance. Go ahead, expand the PUF and you will see how it will change our campus within a few years if not months. Calling a spade a spade.

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The state heard the discontent of Texans and threw you a bone called the TUF, which is the best argument in the world for equity in Texas higher ed funding. Will never happen because this is largely a behind the scenes political fight that most Texans are not that invested in.

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No, what they did is throw a few bread crumbs.
Texas to every public University besides uta and atm"
“Here you go peasants and go eff yourself”