Southern University Athletics Runs $1.2 million Deficit; UL-Lafayette Turns Small Profit

[The Founder]

First my opinion on the article....it does not take in to consideration the number of campuses under the SU umbrella. That's just my opinion.

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Southern University athletics runs $1.2 million deficit; UL-Lafayette turns small profit

The Southern University athletics program finished the year with a $1.2 million deficit, state Legislative Auditor Daryl Purpera said in a report released Monday morning.

www.theadvocate.com

The Southern University athletics program finished the year with a $1.2 million deficit, state Legislative Auditor Daryl Purpera said in a report released Monday morning.
Athletic department revenue totaled $13.4 million compared to expenses of $14.7 million.

Football accounted for $3.6 million of the money from team sports and the nationally-televised Bayou Classic in New Orleans another $536,347.

Men's basketball generated $307,865; women's basketball $76,265 and other sports $135,513, the report said.

Coaching salaries, benefits and bonuses totaled $2.4 million, including $892,906 for football.

 

[SUjagTILLiDIE]

2017 season, bad home schedule, a SUnday game and a Hurricane Homecoming. We good. Also a large percentage is the loan repayment for the field house.

 

[jag4life]

First my opinion on the article....it does not take in to consideration the number of campuses under the SU umbrella. That's just my opinion.

Actually this is only for SUBR. The numbers are what they are. It basically boils down to where the spending was reported. Most of it comes out of the same bucket regardless.

 

[Journalist]

2017 season, bad home schedule, a SUnday game and a Hurricane Homecoming. We good. Also a large percentage is the loan repayment for the field house.

Someone from the university should have responded to The Advocate to explain that.

 

[dezjaguar]

Someone from the university should have responded to The Advocate to explain that.

Reggie Flood

 

[JROCK]

LOL.......I knew this thread was coming when I saw this one: ArkLaTex In-depth: The Finances of Grambling Athletics

 

[jag4life]

Someone from the university should have responded to The Advocate to explain that.

No need. It would set a precedent to have to explain deficits very year. And they do happen EVERY YEAR for pretty much all of FCS.

 

[The Founder]

LOL.......I knew this thread was coming when I saw this one: ArkLaTex In-depth: The Finances of Grambling Athletics

I'm on a distribution list for the University of Louisiana System....this was one of the articles as was the GSU article. I didn't post it as a form of malice. I actually thought it was an unfair write up because I thought SU was being analyzed using all their schools in the system.

 

[Earle]

Coach Roman Banks addressed this issue on Overtime with Coach Roman Banks on Wednesday night's Pelican TV broadcast. He basically said that the university was going to challenge that decision as it appears that that sum reflects a 3-year accumulation having to do with the 3 years of increases in tuition at the Baton Rouge campus. Google Overtime with Coach Roman Banks and check out the February 13 broadcast.

 

[JROCK]

I'm on a distribution list for the University of Louisiana System....this was one of the articles as was the GSU article. I didn't post it as a form of malice. I actually thought it was an unfair write up because I thought SU was being analyzed using all their schools in the system.

I didn't say you did anything malicious. I just stated that I knew it was coming when seeing the other thread. Some things to me are just transparent (fair or unfair it was published so it is what it is)....LOL