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Desperate ISU turning to socialism

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cyclone plastic

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Feb 3, 2004
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paednoch23 said:
You lie. None of the sec schools and only Rutgers any Maryland in the BIG. Maybe it is time for a super league.
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Alabama receives 26 mil and South Carolina receives 42 mil only Six SEC schools no support.
UCLA 30 mil, Rutgers 21 mil and Maryland 12 mil. Only 5 public Big 10 universities receive no direct institutional support.
 
RuggieC

RuggieC

Senior
Mar 30, 2014
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paednoch23 said:
Oh boy. It’s becoming painfully obvious the non-AAU landscaping school in Ames doesn’t have a college of business.

Here, let’s repeat the lesson: preserving cash and borrowing at historically low rates during a once-in-a-century financial crisis is standard financial management. Burning through reserves isn’t.

CFOs generally preserve cash when they can borrow at historically low rates, especially during an unprecedented crisis. Ohio State did. The University of Iowa did. Plenty of others did. ISU chose the opposite approach.

As for Iowa refinancing or extending debt, that’s standard financial management, not evidence the original decision was wrong. Debt gets refinanced all the time for cash flow, interest rates, or capital planning.

Then again, this is Land Grant U we’re talking about, not a place that has a Tippie College of business.
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ISU grads can’t possibly comprehend this concept. I have a 1.99% home loan. Why would I pay off my house when I can use the same money to make 4 x more a year w the same money. Do Clones think?
 
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RuggieC

RuggieC

Senior
Mar 30, 2014
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uihawk82 said:
AI searches disagree with you.

Historically, zero (or virtually zero) direct Iowa state tax revenue goes to the University of Iowa Department of Athletics.
View attachment 1373595Common Sense Institute +1


Funding and Budget Structure
    • Self-Supporting Auxiliary: The University of Iowa Athletics operates entirely as a self-sustaining auxiliary department separate from the state’s general fund appropriations.
      View attachment 1373596Hawk Central +1
    • Revenue Sources: Budgets are funded through ticket sales, athletic conference distributions (such as the Big Ten), media rights, corporate sponsorships, and private fundraising/donations.
      View attachment 1373597www.thegazette.com +1
    • Institutional Support: The department receives negligible to no direct financial operational support or tax allocations from the university's general academic fund or state taxpayers, relying instead on self-generated revenue streams.
      View attachment 1373598Hawk Central

If you'd like, I can provide details on:
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Spot on
 
paednoch23

paednoch23

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Oct 23, 2009
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RuggieC said:
ISU grads can’t possibly comprehend this concept. I have a 1.99% home loan. Why would I pay off my house when I can use the same money to make 4 x more a year w the same money. Do Clones think?
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It’s a **** school that lost its AAU status so the answer is no. They are an academic embarrassment to our state.
 
C

cyclone plastic

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paednoch23 said:
It’s a **** school that lost its AAU status so the answer is no. They are an academic embarrassment to our state.
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Iowa State University is a Carnegie R1 (Very High Level of Research). Most of our research comes from the Department of Energy and private industries. AAU values medical research and discounts research in other areas.
Veterinary medicine, engineering, sciences, agriculture, etc.
We don’t have a medical school, but we are good with what we do.
Technically we chose to leave since we didn’t fit.
 
B

BunchofAholes

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Jul 9, 2025
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cyclone plastic said:
Iowa State University is a Carnegie R1 (Very High Level of Research). Most of our research comes from the Department of Energy and private industries. AAU values medical research and discounts research in other areas.
Veterinary medicine, engineering, sciences, agriculture, etc.
We don’t have a medical school, but we are good with what we do.
Technically we chose to leave since we didn’t fit.
Click to expand...
We're all very impressed. Now give it a rest and go away.
 
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U

uihawk82

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cyclone plastic said:
Iowa State University is a Carnegie R1 (Very High Level of Research). Most of our research comes from the Department of Energy and private industries. AAU values medical research and discounts research in other areas.
Veterinary medicine, engineering, sciences, agriculture, etc.
We don’t have a medical school, but we are good with what we do.
Technically we chose to leave since we didn’t fit.
Click to expand...
How old are you? I have never been to any other team forums than hawkeye forums. Just cant understand the need to discuss stuff with opposing fans.
 
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C

cyclone plastic

All-Conference
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paednoch23 said:
Does ISU need the support and why?
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Good question
The 21 mil for Revenue sharing was cost that wasn’t really budgeted for since it really wasn’t on the horizon before it was implemented. However, I think the athletic department has this covered now. We can also compete with legit NIL deals, but reality is money is being thrown around for players that can not make it thru the “clearing house”. So far no penalty for doing this.
One idea being talked about is raising the gambling tax. Iowa is lowest tax rate of the 41 state with legalized gambling. I think it is 6% and at 3 times amount would still have us in the lower half of the states.
ISU problem is we have donors step up and get us to fully funding revenue sharing. Also able to fund legitimate NIL deals.
But now we have Kentucky paying 6 mil for one of our former BB players. That is pay for play, which only a handful of teams can pull that off. Somehow we got to the point of some teams having 40-45 mil rosters…that is crazy.
 
paednoch23

paednoch23

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Oct 23, 2009
453
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cyclone plastic said:
Good question
The 21 mil for Revenue sharing was cost that wasn’t really budgeted for since it really wasn’t on the horizon before it was implemented. However, I think the athletic department has this covered now. We can also compete with legit NIL deals, but reality is money is being thrown around for players that can not make it thru the “clearing house”. So far no penalty for doing this.
One idea being talked about is raising the gambling tax. Iowa is lowest tax rate of the 41 state with legalized gambling. I think it is 6% and at 3 times amount would still have us in the lower half of the states.
ISU problem is we have donors step up and get us to fully funding revenue sharing. Also able to fund legitimate NIL deals.
But now we have Kentucky paying 6 mil for one of our former BB players. That is pay for play, which only a handful of teams can pull that off. Somehow we got to the point of some teams having 40-45 mil rosters…that is crazy.
Click to expand...
Can you answer the question? That was gibberish, have you been drinking? Wait. Don’t answer that question. Only one question here. Yes or no. Does ISU need the support. Clown
 
paednoch23

paednoch23

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cyclone plastic said:
Alabama receives 26 mil and South Carolina receives 42 mil only Six SEC schools no support.
UCLA 30 mil, Rutgers 21 mil and Maryland 12 mil. Only 5 public Big 10 universities receive no direct institutional support.
Click to expand...
No. Alabama didn’t get a $26 million check from the State of Alabama for athletics. You’re confusing NCAA institutional support with direct state funding. Institutional support is an accounting category, not proof of taxpayer funding. Those aren’t the same thing, no matter how badly you want them to be.
 
paednoch23

paednoch23

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Oct 23, 2009
453
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cyclone plastic said:
Iowa State University is a Carnegie R1 (Very High Level of Research). Most of our research comes from the Department of Energy and private industries. AAU values medical research and discounts research in other areas.
Veterinary medicine, engineering, sciences, agriculture, etc.
We don’t have a medical school, but we are good with what we do.
Technically we chose to leave since we didn’t fit.
Click to expand...
Yes or no are they an AAU institution. It’s plain and simple. Also, isn’t it great that the U of I has a world class children’s hospital. Would you wave? Does Ames have anything similar. Can we wave to the cows and goats?
 
rchawk

rchawk

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paednoch23 said:
Yes or no are they an AAU institution. It’s plain and simple. Also, isn’t it great that the U of I has a world class children’s hospital. Would you wave? Does Ames have anything similar. Can we wave to the cows and goats?
Click to expand...
I don't think I've ever known anybody in Iowa that had goats. If they were at the county fair I missed them.
 
rchawk

rchawk

All-American
Oct 27, 2001
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paednoch23 said:
Yes or no are they an AAU institution. It’s plain and simple. Also, isn’t it great that the U of I has a world class children’s hospital. Would you wave? Does Ames have anything similar. Can we wave to the cows and goats?
Click to expand...
The University of Iowa also benefits from the Big Ten Academic Alliance, which brings in more millions to schools than football and basketball do.

I'm not aware of any P4 or G5 conference that has anything comparable. I suspect that when Nebraska was admitted their faculty must have been doing cartwheels. They were in the AAU at the time.
 
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