I agree. Does anyone know what Iowa State is going to do come July when it hits its new fiscal year and they run out of reserves. They don't have enough to cut to make up the difference between their budget and their cash flow.
LIVE look at the Clown U football program
- Thread starter Franisdaman
- Start date
I stand corrected. I suppose I could follow clown football closer but, naah, I'm busy enough. I have to take the trash can out to the curb, feed the dog, get the snow blower for the driveway...
And a ghost town on fall football Saturdays. North Grand Mall will have more people in it
Most of the "Good Ones" you speak of had serious knee injuries towards the end of the season. Rocco had shoulder surgery after the season. They could all be ready to go next fall, but that is being optimistic. What is crazy is that Ped State went ahead with large NIL payments to all of them.You mean last 2 in football?Enjoy it while you can. Matt Campbell leaving and taking everyone with him (the good ones anyway… the rest just left because it’s, well, Iowa State) was the death blow to Iowa State football. Back to being average in an already below average(and falling) conference for you guys.
Rocco played 4 years and graduated at ISU, he is a cyclone. I think he would have tried the NFL draft, but knew he wouldn't be ready by then. So he took the 2.5 mil from Ped State until next December.
My guess is that their only realistic option is to "borrow" from the university. Given their financial trajectory, I suspect it never gets paid back.
54 Clown U departures.
Will the 48 transferring in be any good?
Click or tap on images for LARGER view.
Will the 48 transferring in be any good?
Click or tap on images for LARGER view.
You guys haven't heard...ISU incoming portal guys were a massive upgrade over the departees.
I suspect 2026 Penn State football is going to be a tad more successful than ISU.
I know, bold prediction there.
This is the pot calling the kettle black. Iowa athletic dept. borrowed $50 million from the university that will never get paid back.
it was a loan and is being paid back.
False. Don’t let facts get in the way of your false narrative. Took me all of 2 min to find this among several other articles.
“The terms of the loan are a 15-year repayment schedule with the interest rate repriced every five years. There is no penalty for early repayment. Interest has eaten up most of what the athletic department has repaid.
The University of Iowa athletic department has reported record revenues for four consecutive years, with the latest figures for fiscal year 2025 reaching $153.2 million. These record revenues are driven primarily by a significant increase in Big Ten Conference distributions and exceptional ticket sales performance in football and women’s basketball.
A major boost came from increased conference distributions, with actual revenue received in FY 2025 being nearly $77 million, exceeding the budgeted $75.2 million. Projections for FY 2026 anticipate another spike to $82.7 million.
The department’s financial performance has surged well beyond pre-pandemic levels, bouncing back strongly from the deficits faced during the COVID-19 restrictions.”
That tiny little string you are hanging onto is starting to fray. I appreciate your dedication to your cause. Your lack of finance knowledge makes me feel smarter so I appreciate that out of you as well. As long as you are around I know I won’t be last.
It is being paid back.....in fact this past year a bunch was paid back and we still showed a $6 million surplus.
Why will it take 15 years to pay back the money is the department is so loaded with cash?
From what I’ve gathered, they’re paying back more than they need to, but if you’re in the habit of paying off low interest loans early than you’re not great with money.
It’s cute how ISU fans try to talk about Iowa’s athletics finances in a disparaging way…when their own department won’t even be able to max out revenue sharing in another year. Simply put, they’re going to struggle mightily to be competitive in football and it’s a problem that won’t ever go away. Meanwhile, Iowa continues to bring in record revenue.
Clown U has some major financial problems, that's for sure. No wonder Matt Campbell wanted the hell out.
This thread discussed those issues:
Clown U facing a $147 million budget deficit through 2031; will postpone Hilton Coliseum renovation & construction of new Wrestling Practice Facility
Gotta feel bad for Clown U both now and for their future. ;) It is time they drop to FCS. The story from the Gazette: Facing $147M deficit, ISU Athletics halts Hilton Coliseum renovation, ups Ticket Prices Vanessa Miller Cedar Rapids Gazette Jul. 24, 2025 AMES — Iowa State University...
Why do you take a 15-30 mortgage on your house? Why do you get 3-4 year plans for your vehicle? Why does it take years to pay off student loans for drs? When you think about it, it’s not really a tough concept to grasp.
Last edited:
Do they even have a business school in Ames?
Agribusiness. They teach them the best way to sign their government checks.
Clone fans keep harping on the loan (which is a non-issue). They ignore the fact their football program is imploding and the athletic department is about to run out of money.
Nero fiddles while Rome burns.
Not up to date on why you wouldn't pay is all back at one time? Why give up your money on a low interest loan? No reason for that....let your money work for you.
Nobody ever accused ketelmeister of being a financial guru... obviously.
Tell me you don't understand how finances work, without telling me you don't understand how finances work.
Hindsight being what it is, none of those contracts ever ended up hurting us. Yes, for the first year or 2 of each contract, the salary number was pretty high, but the "average" over the length of each contract ended up being pretty fair for both sides given the success KF's had. Especially now, with coaches making upwards of $12M, KF's $7M seems like a bargain. Hell, Matt Rhule, who is 2-22 all time against ranked teams and hasn't done jacksquat at Nebraska is making $8.5M this year and is expected to make $11M in the next couple of years with a $71M buyout. Those are the numbers that sink athletic departments in this age of rev share.
Well the folks at On3 don’t have high expectations for the clones next year….
Well the folks at On3 don’t have high expectations for the clones next year….
Boy that Big-12 gauntlet...
Although Texas Tech will have a pillow filled with bricks for that conference pillow fight
Tech and BYU are going to run that league. It’ll be interesting to see how Utah does without Whittingham.Boy that Big-12 gauntlet...
Although Texas Tech will have a pillow filled with bricks for that conference pillow fight
Woof. Will those forever loyal and true fans fill that stadium for every home game?Well the folks at On3 don’t have high expectations for the clones next year….
Hilarious as Clone fans will be watching Penn State games now.
Well the folks at On3 don’t have high expectations for the clones next year….
We are contracted to play Clown U thru 2027.
I really hope we don't schedule them after that; THEY NEED us every other year to fill their stadium at crazy ticket prices. Screw that.
Let that program sink into the FCS abyss as far as I am concerned....