Desperate ISU turning to socialism

cyclone plastic

All-Conference
Feb 3, 2004
1,288
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You lie. None of the sec schools and only Rutgers any Maryland in the BIG. Maybe it is time for a super league.
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

Senior
Mar 30, 2014
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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.
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

Senior
Mar 30, 2014
450
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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:
Spot on
 

paednoch23

All-Conference
Oct 23, 2009
453
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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?
It’s a **** school that lost its AAU status so the answer is no. They are an academic embarrassment to our state.
 

cyclone plastic

All-Conference
Feb 3, 2004
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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.
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.
 
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BunchofAholes

All-Conference
Jul 9, 2025
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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.
We're all very impressed. Now give it a rest and go away.
 

uihawk82

All-Conference
Nov 17, 2021
2,498
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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.
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.
 

cyclone plastic

All-Conference
Feb 3, 2004
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Does ISU need the support and why?
The $21M for revenue sharing was a cost that wasn’t really planned for, mostly because it wasn’t on anyone’s radar before implementation. The athletic department seems to have this covered now, and we’re in a position to compete with legitimate NIL deals. The challenge is that money is being thrown around for players who wouldn’t make it through the clearinghouse and so far there’s been no penalty for doing it.

One idea being discussed is raising the gambling tax. Iowa currently has the lowest rate among the 41 states with legalized gambling around 6%. Even tripling it would still leave Iowa in the lower half nationally.

ISU’s issue is that donors stepped up to fully fund revenue sharing and legitimate NIL deals. But now you have situations like Kentucky paying $6M for one of our former basketball players. That’s pure pay‑for‑play, and only a handful of programs can operate at that level. Somehow we’ve reached a point where some teams have $40–45M rosters, which is just wild.
 
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paednoch23

All-Conference
Oct 23, 2009
453
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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.
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

All-Conference
Oct 23, 2009
453
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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.
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

All-Conference
Oct 23, 2009
453
1,029
93
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.
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

All-American
Oct 27, 2001
74,577
9,243
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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?
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

All-American
Oct 27, 2001
74,577
9,243
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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?
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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