LSU going broke to win

[18IsTheMan]

Literally. Their athletics department finished last year with a $44 million deficit. This year the deficit sits at $26 million. Over the past six years, they have overspent their budget by $177.5 million.

Insane.

 

[muscleknight]

They should wait until they fire Kiffin then declare BK. I wonder how buyouts are handled in BK?

 

[Piscis]

I know a few years ago the actual university was in serious financial trouble. It doesn't look like those Cajuns are very good with money.

 

[JohnnySolo]

Maybe that is why clemtech refuses to indulge. Maybe they don't have the money to compete now that it is legal.

 

[18IsTheMan]

Maybe that is why clemtech refuses to indulge. Maybe they don't have the money to compete now that it is legal.

Neither do we.

 

[Dabo's Weenie]

Neither do we.

According to what I've read recently, USC is spending quite a bit these days.

It's the ROI that's the problem.

 

[18IsTheMan]

According to what I've read recently, USC is spending quite a bit these days.

It's the ROI that's the problem.

But we cannot compete with the likes of the Texas schools and LSU when it comes to spending.

I think someone posted recently that we were middle of the pack in the SEC when it comes to NIL spending. Middle of the pack is where we exist.

 

[Dabo's Weenie]

But we cannot compete with the likes of the Texas schools and LSU when it comes to spending.

I think someone posted recently that we were middle of the pack in the SEC when it comes to NIL spending. Middle of the pack is where we exist.

Something like 16th-19th in the nation and ahead of some "big" name schools.

It's not the ranking, it's the differential. But shop smart, don't throw cash at it and assume "you get what you pay for". It's about value, with all compensated members of the team.

 

[Piscis]

But we cannot compete with the likes of the Texas schools and LSU when it comes to spending.

I think someone posted recently that we were middle of the pack in the SEC when it comes to NIL spending. Middle of the pack is where we exist.

Spending more than UGA, not getting close to the ROI.

I think too much big money is going to the wrong players.

The poor mouthing needs to stop, we are spending plenty of money.

 

[Lurker123]

Spending more than UGA, not getting close to the ROI.

I think too much big money is going to the wrong players.

The poor mouthing needs to stop, we are spending plenty of money.

If it is true we are spending more than UGA, then that is embarrassing.

 

[sclawman77]

If it is true we are spending more than UGA, then that is embarrassing.

I believe our NIL budget this season is ranked #8 in the SEC-between $32M and $35M.

 

[Piscis]

I believe our NIL budget this season is ranked #8 in the SEC-between $32M and $35M.

The list I saw showed UGA at around $30M. I have to believe coaching is the big difference.

LSU is going to go broke trying to buy a NC and they may not even get to play for one. For all the praise Lane gets about being such a great coach, he has never won a championship of any kind anywhere he has been.

 

[Lurker123]

The list I saw showed UGA at around $30M. I have to believe coaching is the big difference.

LSU is going to go broke trying to buy a NC and they may not even get to play for one. For all the praise Lane gets about being such a great coach, he has never won a championship of any kind anywhere he has been.

He won a couple conference championships, but a lower level.

I think Lane will easily make them perennial contenders, but can he get them over that last hump? Not many do.

 

[3USC1801]

The list I saw showed UGA at around $30M. I have to believe coaching is the big difference.

LSU is going to go broke trying to buy a NC and they may not even get to play for one. For all the praise Lane gets about being such a great coach, he has never won a championship of any kind anywhere he has been.

I’d like to believe this is true for USC but I can’t believe they spend this much and still can’t field a better team than what we saw on the field the past three games.

• Texas: $45–55M
• LSU: $47–50M
• Texas A&M: $45–50M
• Ole Miss: $39–45M
• Tennessee: $41–43M
• Alabama: $38–42M
• Florida: $31–41M
• South Carolina: $32–35M
• Auburn: $31–35M
• Georgia: $31–34M
• Oklahoma: $28–34M
• Missouri: $27–30M
• Mississippi State: $25–30M
• Vanderbilt: $25–28M
• Kentucky: $23–26M
• Arkansas: $22–25M

 

[Deathstar]

We are not getting our money’s worth.

 

[Deathstar]

We are not getting our money’s worth!

 

[Lurker123]

We are not getting our money’s worth!

You can say that again.

 

[USCEE82]

Literally. Their athletics department finished last year with a $44 million deficit. This year the deficit sits at $26 million. Over the past six years, they have overspent their budget by $177.5 million.

Insane.

Wait how do you have a deficit? Who's not getting paid? Is China buying their debt too? LoL

 

[adcoop]

According to what I've read recently, USC is spending quite a bit these days.

It's the ROI that's the problem.

I have been saying this for several years, but some think we need some big money donor to come in and save us. First, I would reduce the MBB NIL Budget to 0 until we either get a new coach or get some players in that come close to competing. Why pay guys to come in DFL.

 

[Lurker123]

I’d like to believe this is true for USC but I can’t believe they spend this much and still can’t field a better team than what we saw on the field the past three games.

• Texas: $45–55M
• LSU: $47–50M
• Texas A&M: $45–50M
• Ole Miss: $39–45M
• Tennessee: $41–43M
• Alabama: $38–42M
• Florida: $31–41M
• South Carolina: $32–35M
• Auburn: $31–35M
• Georgia: $31–34M
• Oklahoma: $28–34M
• Missouri: $27–30M
• Mississippi State: $25–30M
• Vanderbilt: $25–28M
• Kentucky: $23–26M
• Arkansas: $22–25M

If these numbers are actually true, and thats a big if, this destroys NIL as anywhere near the excuse we heard it was for so long.

 

[sclawman77]

The list I saw showed UGA at around $30M. I have to believe coaching is the big difference.

LSU is going to go broke trying to buy a NC and they may not even get to play for one. For all the praise Lane gets about being such a great coach, he has never won a championship of any kind anywhere he has been.

I've always personally thought Kiffin was overrated. I said same thing last year when LSU hired him. Yes, he owns us but that's not saying much. He was handed the Raiders job in his early 30s and did little. He won a title as OC at Bama and has been head coach of some solid teams but hasn't brought home a title anywhere as HC. He'll leave a program on a dime (left UT campus in the middle of the night for Southern Cal). Then Southern Cal fired him after a bowl game a few years after and wouldn't let him ride on the team bus. He had to rebuild his name at FAU. The press builds this mystique around him and he's a good offensive game caller but he makes bigger headlines for controversy than field success imo.

 

[3USC1801]

If these numbers are actually true, and thats a big if, this destroys NIL as anywhere near the excuse we heard it was for so long.

I agree about the veracity of the numbers and I checked multiple sources. Who really knows. One thing is clear, USC has not climbed out of the abyss yet.

 

[atlanta cock#]

I’d like to believe this is true for USC but I can’t believe they spend this much and still can’t field a better team than what we saw on the field the past three games.

• Texas: $45–55M
• LSU: $47–50M
• Texas A&M: $45–50M
• Ole Miss: $39–45M
• Tennessee: $41–43M
• Alabama: $38–42M
• Florida: $31–41M
• South Carolina: $32–35M
• Auburn: $31–35M
• Georgia: $31–34M
• Oklahoma: $28–34M
• Missouri: $27–30M
• Mississippi State: $25–30M
• Vanderbilt: $25–28M
• Kentucky: $23–26M
• Arkansas: $22–25M

I'm surprised aTm is below LSU, UGA is below us, and that Arky is at the bottom. I question this.

 

[Lurker123]

He won a title as OC at Bama and has been head coach of some solid teams but hasn't brought home a title anywhere as HC.

He did have two conference titles at FAU.

But to be fair, there are a LOT of coaches considered good coaches who haven't won a national title.

 

[3USC1801]

I'm surprised aTm is below LSU, UGA is below us, and that Arky is at the bottom. I question this.

I question any and all such numbers but until the NIL goes away and we have player contracts, it’s all a guessing game.

 

[fwm]

For starters- to get value for money spent
Admin has to stop giving a long term contract to a football head coach as soon as they show a pulse. Couple that with -don't renegotiate/upgrade compensation before end of current contract.

 

[Deathstar]

You can say that again.

We are not getting our moneys worth!!

 

[18IsTheMan]

Something like 16th-19th in the nation and ahead of some "big" name schools.

It's not the ranking, it's the differential. But shop smart, don't throw cash at it and assume "you get what you pay for". It's about value, with all compensated members of the team.

But still middle of the pack in the SEC, which is all that matters since that is where the bulk of our games come from. Just like recruiting. We could be top 20 nationally but ninth in the SEC.

The national ranking means zilch

 

[Lurker123]

But still middle of the pack in the SEC, which is all that matters since that is where the bulk of our games come from. Just like recruiting. We could be top 20 nationally but ninth in the SEC.

The national ranking means zilch

Technically the top half of the SEC. But we're splitting hairs there.

What concerns me, if these numbers are real, is who we are outspending, yet not performing as well as. And the gap to those teams only a few spaces above us isn't as large as I believed.

We are not getting our money's worth.

 

[JohnnySolo]

According to what I've read recently, USC is spending quite a bit these days.

It's the ROI that's the problem.

This will be the last year I personally have a negative ROI with my investment in the team

 

[Deathstar]

Carrying that much debt year after year is not sustainable, unless you have a Federal Reserve to just keep printing money. LSU does not have a Fed, eventually they will need a bailout.

 

[Harvard Gamecock]

Can you imagine the meltdown if LSU loses today. That will be 2 loses.
Getting practically eliminated from the CFP before the end of September. Astonishing.

 

[Dabo's Weenie]

Something like 16th-19th in the nation and ahead of some "big" name schools.

It's not the ranking, it's the differential. But shop smart, don't throw cash at it and assume "you get what you pay for". It's about value, with all compensated members of the team.

But still middle of the pack in the SEC, which is all that matters since that is where the bulk of our games come from. Just like recruiting. We could be top 20 nationally but ninth in the SEC.

The national ranking means zilch

Is there an echo in here?