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Post by orangeattack on Aug 4, 2023 10:36:29 GMT -8
Our budget is going to have to get drastically axed. Just brutal. Could OSU end up having to cut (a) program(s) entirely in the next few years? I would say it's inevitable. |
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Post by beaverbeliever on Aug 4, 2023 10:36:48 GMT -8
Seems likely. This has such huge financial implications. The only good news is at least we weren't the Cougs - who financed a ton of construction projects during the Leach years and now have to pay for all of that without the benefit of TV money.
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Post by Judge Smails on Aug 4, 2023 10:38:33 GMT -8
Could OSU end up having to cut (a) program(s) entirely in the next few years? I would say it's inevitable. As I mentioned previously, we are very close to the minimum number of sports offered to remain a DI school. |
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Post by fishwrapper on Aug 4, 2023 10:40:54 GMT -8
Seems likely. This has such huge financial implications. The only good news is at least we weren't the Cougs - who financed a ton of construction projects during the Leach years and now have to pay for all of that without the benefit of TV money. Yeah - thank the deity all the recent work in Reser was paid for upfront in cash from donations and there's zero payments on any bonds for that project. Right...? |
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Post by Judge Smails on Aug 4, 2023 10:43:43 GMT -8
Seems likely. This has such huge financial implications. The only good news is at least we weren't the Cougs - who financed a ton of construction projects during the Leach years and now have to pay for all of that without the benefit of TV money. Yeah - thank the deity all the recent work in Reser was paid for upfront in cash from donations and there's zero payments on any bonds for that project. Right...? Nope......big bond debt. $68 million. |
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Post by jrbeavo on Aug 4, 2023 10:44:57 GMT -8
Seems likely. This has such huge financial implications. The only good news is at least we weren't the Cougs - who financed a ton of construction projects during the Leach years and now have to pay for all of that without the benefit of TV money. Yeah - thank the deity all the recent work in Reser was paid for upfront in cash from donations and there's zero payments on any bonds for that project. Right...? Haha...yeah, nope. The question of how we service those bonds will be a hot topic soon enough.
Wonder if phil will offer us a severance package
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Post by beaverbeliever on Aug 4, 2023 10:47:01 GMT -8
Seems likely. This has such huge financial implications. The only good news is at least we weren't the Cougs - who financed a ton of construction projects during the Leach years and now have to pay for all of that without the benefit of TV money. Yeah - thank the deity all the recent work in Reser was paid for upfront in cash from donations and there's zero payments on any bonds for that project. Right...?
It's still less than the Cougs financed - they were facing big cuts as it was.
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Post by castorcanadensis on Aug 4, 2023 10:47:49 GMT -8
Big 20 with WSU and OSU joining up.
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Post by beavaristotle on Aug 4, 2023 10:53:38 GMT -8
Big 20 with WSU and OSU joining up. go in at a reduced payout and see where we stand for the next big 10 media deal |
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Post by fishwrapper on Aug 4, 2023 10:56:40 GMT -8
(It was litotes...to lighten things up for a millisecond.)
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Post by messi on Aug 4, 2023 10:59:29 GMT -8
Could OSU end up having to cut (a) program(s) entirely in the next few years? I would say it's inevitable. Well crap. So who gets it first? It's likely a men's program to remain Title IX compliant whether or not a women's program gets cut as well. Baseball (No way) Soccer (Most likely) Wrestling (Endowment keeps it afloat) Golf (Next up) Rowing (I'm not familiar, someone help me out here) |
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orman58
Freshman
Posts: 22
Grad Year: 1972
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Post by orman58 on Aug 4, 2023 11:08:08 GMT -8
Right now media has projected viewership to make payments in the super conferences. What happens at the end of the contract and actuall numbers are known. Schools who are perennially in the lower part of these conferences don't draw viewers, but they are getting the same money as Ohio States and Alabama. ESPN comes along and says we aren't making the money we projected so we have to offer a new contract for less money. Less money divided by less teams leaves the elite with the same amount of money.
Do the cellar dwellers get cut lose as the conferences are re-aligned again? Happens to TV programs all the time when viewership goes down.
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Post by beavaristotle on Aug 4, 2023 11:16:48 GMT -8
SI and CBS sports reporting the Arizona to big 12 is eminent, Utah and ASU have stepped up talks to join also. Drop football and join the WCC
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Post by osbrawler on Aug 4, 2023 11:25:57 GMT -8
A sad set of dominoes falling. All started last summer with U$C/UCLA, then Col, now the others high tailing it to the exits. It will be interesting to see when/where it all fell apart & who is to blame.
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Post by beavaristotle on Aug 4, 2023 11:28:39 GMT -8
A sad set of dominoes falling. All started last summer with U$C/UCLA, then Col, now the others high tailing it to the exits. It will be interesting to see when/where it all fell apart & who is to blame. I blame the AHole athletic director from UCLA who looked at their 50 million dollar deficit and said screw everyone else. Gordon Gekko move |
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