Michigan BB Head Coach Position

[super_mario]

Originally Posted by jwinslow

When was the last time they made a noticeable investment in basketball, sm?

Congratulations on your moral victory (tho I'd like to see some numbers backing up your assertion). I'd imagine many bball fans would be okay with a couple million in debt (easily paid off by donors if there's a reason to support bball) for a simple practice facility.

How about in 2005 the AD's profits were 17 million. 2006 they were even higher.

OSU's in that time-span? Y'all were in the black and red in those years.

[MaxBuck]

Originally Posted by super_mario

How about in 2005 the AD's profits were 17 million. 2006 they were even higher.

OSU's in that time-span? Y'all were in the black and red in those years.

The idea is for the athletic program to essentially break even, providing the highest possible number of student-athletes the opportunity to participate in collegiate athletics at one's school. Ohio State does that; UM obviously views the athletic department as a cash cow. If you want to brag about that, go ahead, but I wouldn't be proud of that statistic.

You do know that "in the red" means negative cash flow (in this context)?

[MaxBuck]

Originally Posted by super_mario

Sorry MaxBuck, but I tend to AGREE wholeheartedly with the way Michigan does things. The AD is completely self-sufficient and one of the few out there that actually turns a profit.

Sorry we can't be like Ohio State and borrow from the school and go into massive debts just to keep up with the Jones'. You know the main difference between people who have a lot of money and who don't is debt management. Most people with a lot of money have it because they saved it, and invested it wisely. They don't get into debt up to their eyeballs. There are plenty of people in this country who live $500,000+ houses and drive Mercedes Benz's who in reality cannot afford to live in those houses and drive that kind of car. They go into debt up to their eyeballs to pay for it and all that usually happens is their house goes into foreclosure and they have to give up their car. Only person who should have a top-of the line Mercedes is one who can write a check for it and pay for it in cash and not have to bat an eye about it.

Same thing goes with successful corporations, which is what UM's AD is- a self-suficent corporation which tries to use it's funds on all athletics, not just basketball and football.

Call me old-fashioned or conservative, ridicule me, the school I love, or my post, but I can proudly say that I'm one of the few Americans that isn't in debt up to their freaking eyeballs. It's sad just how much debt this country is in, and foreign countries/corporations are buying up all of our debt.

Yes, I will ridicule Michigan (if that is the school you love; looks like it is). What a self-impressed, self-important bunch of snobs inhabit Ann Arbor. And your poorly-informed posts here reinforce that fact.

Why don't you get the facts straight before you throw stones? The Ohio State athletic department did NOT "borrow from the school." They borrowed responsibly from lending institutions in order to build top-drawer programs in football and basketball, which provide the cash flow to retire the debt and fund the most extensive support program for student-athletes that exists in the nation. Nothing about what Andy Geiger and Gene Smith have done increases the tuition or fees of the student body at tOSU, so again -- get your facts straight.

Weasel fans coming here to justify the shortcomings and drive-to-mediocrity that characterizes their athletic department bemuse me. Since you're so doggone pleased with yourselves, why do you need to come here to try to justify yourselves to Buckeye fans?

[jwinslow]

Originally Posted by super_mario

How about in 2005 the AD's profits were 17 million. 2006 they were even higher.

Is the goal to turn a profit or support SA's? How did Michigan invest in the future of their athletic programs in those years?

If OSU breaks even (or comes close*) despite massive investments in the future of athletics, that's a great accomplishment. No school supports more SA's in their pursuit of education and athletics, while the vast majority are a drain on the AD's bottom line. Profit or SA's?

A large portion of these facilities were built in the last decade. Pure speculation, but I'd imagine the large-ticket upgrades will slow down a bit.

OSU's in that time-span? Y'all were in the black and red in those years.

* - I can't seem to find the graphic now, but there was a dispatch graphic which showed OSU broke even or had a minor profit in those years, save one (which was < $2 mill, I think).

[super_mario]

Originally Posted by MaxBuck

The idea is for the athletic program to essentially break even, providing the highest possible number of student-athletes the opportunity to participate in collegiate athletics at one's school. Ohio State does that; UM obviously views the athletic department as a cash cow. If you want to brag about that, go ahead, but I wouldn't be proud of that statistic.

You do know that "in the red" means negative cash flow (in this context)?

Really, you think!

Ahhh-duh. Ohio State goes into the red, you don't even break even, you spend more than you take in.

I'm more than proud that Michigan- which is first and foremost an ACADEMIC institution- isn't willing to go into the red or borrow from university in order to just keep up with the Jones'.

UM has a couple billionaire bread-and-butter alums who are more than willing to cut checks if need be. Much rather have private funding and donations to get things rolling than to take money from the university.

[Saw31]

Originally Posted by super_mario

Really, you think!

Ahhh-duh. Ohio State goes into the red, you don't even break even, you spend more than you take in.

I'm more than proud that Michigan- which is first and foremost an ACADEMIC institution- isn't willing to go into the red or borrow from university in order to just keep up with the Jones'.

UM has a couple billionaire bread-and-butter alums who are more than willing to cut checks if need be. Much rather have private funding and donations to get things rolling than to take money from the university.

We are the Jones'. We aren't trying to keep up with anyone. We set the bar...

[jwinslow]

Please start backing up your claims with links or stats. You honestly believe OSU is upgrading facilities just to be hip, like your argument suggests? They aren't supporting their athletic programs, which in many examples has improved their recruiting, performance, & enjoyment for SA's & students alike?