How are they spending so much on their roster while going public with how much debt they have at the same time?
CRAWFORD | Heird lays out Louisville athletics’ $30 million problem to trustees
Louisville athletics put a number on the modern college sports problem this week: Roughly $30 million.www.wdrb.com
NIL donations are seperate from operating expenses. I’m sure there current spending spree is financed by recent donations and outside marketing opportunities/Adidas, not by the school outside revenue share.How are they spending so much on their roster while going public with how much debt they have at the same time?
CRAWFORD | Heird lays out Louisville athletics’ $30 million problem to trustees
Louisville athletics put a number on the modern college sports problem this week: Roughly $30 million.
The City foots most of the bill. UofL's payment is around 4 million a year.
UK has the only fanbase in the country that lies about its own NIL situation. UK isn’t handcuffed, and you couldn’t specifically explain how it is if your life depended on it… because you’re lying. Dear Leader has you brainwashed into believing JMI is weeks away from building a nuclear weapon. UK is capped by how much money we have, just like every other program in the country. No matter how many times Will Stein exposes it, you still lie. It’s always the same recycled language from the BS Polacheck/Pilgrim/KSR story.Honestly, when you look at Louisville’s situation through a Duke lens, it’s almost… brilliant.
They’re running a deficit, sure…but at least they’re allowed to maneuver. Louisville can actually use NIL as a weapon. Kentucky? You’re handcuffed to that JMI timeshare contract until 2040.
Louisville can overspend, restructure, pivot, and chase elite players like Momcilovic because their NIL isn’t welded to a multimedia rights deal from the Stone Age. They can take risks. They can adjust. They can go big.
Louisville is playing venture‑capital NIL…high risk, high reward. Kentucky is playing fixed‑income NIL predictable, capped, and painfully slow.
Duke, of course, just watches and laughs!
The guy you replied to, is a duke fan that has been allowed to troll here for weeks.
I don't think he is a Duke fan. He is a troll from here pretending to be a Duke fan. All his posts are just bullet-point complaints that the doom and gloom bunch have relentlessly posted since about December.
You only need to look at both football and basketball records since NIL arrived to see UK is doing something very wrong.
Pretty much everything stated here is correct… UnfortunatelyHonestly, when you look at Louisville’s situation through a Duke lens, it’s almost… brilliant.
They’re running a deficit, sure…but at least they’re allowed to maneuver. Louisville can actually use NIL as a weapon. Kentucky? You’re handcuffed to that JMI timeshare contract until 2040.
Louisville can overspend, restructure, pivot, and chase elite players like Momcilovic because their NIL isn’t welded to a multimedia rights deal from the Stone Age. They can take risks. They can adjust. They can go big.
Louisville is playing venture‑capital NIL…high risk, high reward. Kentucky is playing fixed‑income NIL predictable, capped, and painfully slow.
Duke, of course, just watches and laughs!
Precisely! I said when this all went down, and Mitch had already stated Calipari was returning, that UK couldn’t/ wouldn’t be able to afford the guys he was accustomed to bringing in, and sure as ****, Calipari got a NIL commitment from Arky’s big donors, and the rest is history!
I remember someone saying that a good portion of the Stoke‘s offer was committed to him only and would therefore not be available for other players if he did not sign. Can’t remember where I heard and have no idea if true.
Seventy % of so called revenue at Yum is actually state or local tax money . Complete ripoff of the taxpayers.
Are we sure that Mitch and Eli are even close to being somewhat smart..... We will see when Eli make this hire in the next month....Maybe Mitch and Eli's plan this entire time was to take like 5 years off of being any sort of respectable basketball program, to let everyone else just go bankrupt and close their basketball programs, and then Kentucky kind of emerges from the rubble and rattles off like 8 Final4s in a row in a 7-team tournament.
And loses in the tournament with the most talent. Sounds like Kentucky with Cal. Go home nobody likes youHonestly, when you look at Louisville’s situation through a Duke lens, it’s almost… brilliant.
They’re running a deficit, sure…but at least they’re allowed to maneuver. Louisville can actually use NIL as a weapon. Kentucky? You’re handcuffed to that JMI timeshare contract until 2040.
Louisville can overspend, restructure, pivot, and chase elite players like Momcilovic because their NIL isn’t welded to a multimedia rights deal from the Stone Age. They can take risks. They can adjust. They can go big.
Louisville is playing venture‑capital NIL…high risk, high reward. Kentucky is playing fixed‑income NIL predictable, capped, and painfully slow.
Duke, of course, just watches and laughs!
Actually, all duke fans are fake, as soon as duke falls off the little hill they are currently on, all of you will just go back to your regular lives and not even be bothered.
Nike isn’t paying or giving us or any other college money to recruit. Nor is Addis, New Balance or Puma. I don’t know where some are getting that but it’s wrong. I
Thankfully, the SEC teams won’t need to worry about that for a long time. Now we need to build our football program up so we never need to worry about money again. A strong football program can make every Kentucky Sports programs better.
I see your point, but moving closer and closer to a system where only SEC and B1G teams schools are relevant and viable greatly weakens the overall appeal of college sports imo.
Yeah it’s going to tough for most conferences to compete unless they can somehow find the money. I hate what’s happening now to be honest. It just takes all the love from college athletics for a lot of fans.
What? All the shoe Companies are kicking in money to help the top rated players to one of their branded schools. They are negotiating directly with the players. Adidas gave players from Overtime Elite funds. they fall under the category of Personal Corporate Endorsements.
