TNBLAZERS
Water Engineer
Posts: 82
Joined: Sep 2014
Reputation: 0
I Root For: UAB
Location: Williamson Co., TN
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Cha-Ching!
Get the feathers and tar ready for Ray!
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04-23-2015 11:57 AM |
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BlazerFire
1st String
Posts: 2,328
Joined: May 2010
Reputation: 14
I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Hey Ray....
Put that in your damn pipe and smoke it.
And pay your damn invoice to these guys!
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04-23-2015 12:03 PM |
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CajunBlazer
1st String
Posts: 1,419
Joined: Nov 2011
Reputation: 31
I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
I told you guys that good news was coming! For those of you who quizzed me privately about what I knew as going on behind the scenes, this is one big element of what I have been expecting for some time. Be Patient, more good news is coming.
About this development, one of the things that was important is that this report from nationally recognized leader in sports economics came out before the one that CSS is working on. CSS will now be aware of the content of this OSKR report so they are much less likely to try to leave out or minimize positive factors and over emphasis negative factors. This is certain member's of the Task's Force's way of keeping CSS honest.
And as a couple of you are aware, I have been in communications with Andy Schwartz since he wrote his first two articles.
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04-23-2015 12:14 PM |
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Matrix
Hall of Famer
Posts: 14,505
Joined: Oct 2009
Reputation: 197
I Root For: UAB, N'Western
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Those of you who can , please be at Bartow Arena on May 7 at 5:30...It's put up or shut up time!
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04-30-2015 11:29 PM |
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Matrix
Hall of Famer
Posts: 14,505
Joined: Oct 2009
Reputation: 197
I Root For: UAB, N'Western
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
And why in the hell is Ray Watts still President of UAB after this?!
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04-30-2015 11:31 PM |
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rook360
All American
Posts: 4,478
Joined: Oct 2007
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I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
It makes his "No boosters came forward" remark more unbelieveable.
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05-01-2015 08:14 AM |
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58-56
Blazer Revolutionary
Posts: 13,327
Joined: Mar 2006
Reputation: 840
I Root For: Fire Ray Watts
Location: CathedraloftheDragon
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(04-30-2015 11:31 PM)Matrix Wrote: And why in the hell is Ray Watts still President of UAB after this?!
I hear this question almost every day, but the stunning part is that it's always for a different "this." He's done at least as terrible a job, and possibly worse, handling non-athletic matters.
Ray Watts has set a new standard for bumbling incompetence.
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05-01-2015 08:42 AM |
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KevMo4UAB
#FreeUAB
Posts: 20,000
Joined: Apr 2004
Reputation: 64
I Root For: UAB
Location: Bartow Arena
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
I tell people Ray Watts is still president of UAB because the Bryant Bank-UA BOT doesn't give a sh$t about UAB.
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05-01-2015 02:02 PM |
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TheGORILLA
1st String
Posts: 2,073
Joined: Dec 2008
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I Root For: UAB
Location: Alabama
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Bryant and his board of Trustees just approved spending EIGHTY EIGHT MILLION DOLLARS in REFINANCING FEES to temporarily satisfy their EIGHT HUNDRED AND EIGHTY MILLION DOLLAR DEBT that Tuscaloosa campus OWES to financial institutions. Tuscaloosa's athletic department alone owes TWO HUNDRED MILLION DOLLARS. Go figure!
It's all about THEM.
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05-03-2015 07:19 AM |
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58-56
Blazer Revolutionary
Posts: 13,327
Joined: Mar 2006
Reputation: 840
I Root For: Fire Ray Watts
Location: CathedraloftheDragon
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(05-03-2015 07:19 AM)TheGORILLA Wrote: Tuscaloosa campus OWES to financial institutions.
I really, really want to see some actual breakdown on just which financial institutions have handled this debt, and their connections to Bryant Bank.
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05-03-2015 08:27 AM |
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Hopeful
Special Teams
Posts: 895
Joined: Nov 2014
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I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(05-03-2015 07:19 AM)TheGORILLA Wrote: Bryant and his board of Trustees just approved spending EIGHTY EIGHT MILLION DOLLARS in REFINANCING FEES to temporarily satisfy their EIGHT HUNDRED AND EIGHTY MILLION DOLLAR DEBT that Tuscaloosa campus OWES to financial institutions. Tuscaloosa's athletic department alone owes TWO HUNDRED MILLION DOLLARS. Go figure!
It's all about THEM.
Any link or anything?
Not saying I don't believe you, just want to read more about this.
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05-03-2015 09:32 AM |
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TheGORILLA
1st String
Posts: 2,073
Joined: Dec 2008
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I Root For: UAB
Location: Alabama
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(05-03-2015 09:32 AM)Hopeful Wrote: (05-03-2015 07:19 AM)TheGORILLA Wrote: Bryant and his board of Trustees just approved spending EIGHTY EIGHT MILLION DOLLARS in REFINANCING FEES to temporarily satisfy their EIGHT HUNDRED AND EIGHTY MILLION DOLLAR DEBT that Tuscaloosa campus OWES to financial institutions. Tuscaloosa's athletic department alone owes TWO HUNDRED MILLION DOLLARS. Go figure!
It's all about THEM.
Any link or anything?
Not saying I don't believe you, just want to read more about this.
http://www.tuscaloosanews.com/article/20...?p=2&tc=pg
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05-03-2015 10:06 AM |
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BAMANBLAZERFAN
Hall of Famer
Posts: 17,221
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I Root For: UAB & Bama
Location: Cropwell, AL
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Reading that article reminds me of what happened when Jeffco Sewer Bonds were similarly refinanced for the same reasons. Who do you suppose "feathered a BOT member's nest" to get those deals? Just like with Jeffco bonds, everything will go smoothly IF the economy doesn't "tank" like it did in 2008. I'll also bet no one on the BOT could be bought for just $75,000 in clothes and jewelry.
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05-04-2015 06:48 PM |
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blazerjay
Moderator
Posts: 8,993
Joined: Jan 2004
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I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(05-03-2015 10:06 AM)TheGORILLA Wrote: (05-03-2015 09:32 AM)Hopeful Wrote: (05-03-2015 07:19 AM)TheGORILLA Wrote: Bryant and his board of Trustees just approved spending EIGHTY EIGHT MILLION DOLLARS in REFINANCING FEES to temporarily satisfy their EIGHT HUNDRED AND EIGHTY MILLION DOLLAR DEBT that Tuscaloosa campus OWES to financial institutions. Tuscaloosa's athletic department alone owes TWO HUNDRED MILLION DOLLARS. Go figure!
It's all about THEM.
Any link or anything?
Not saying I don't believe you, just want to read more about this.
http://www.tuscaloosanews.com/article/20...?p=2&tc=pg
That article is 13 months old...
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05-05-2015 11:35 AM |
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BlazrDawg
Heisman
Posts: 6,953
Joined: Oct 2004
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I Root For: UAB
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
(05-05-2015 11:35 AM)blazerjay Wrote: (05-03-2015 10:06 AM)TheGORILLA Wrote: (05-03-2015 09:32 AM)Hopeful Wrote: (05-03-2015 07:19 AM)TheGORILLA Wrote: Bryant and his board of Trustees just approved spending EIGHTY EIGHT MILLION DOLLARS in REFINANCING FEES to temporarily satisfy their EIGHT HUNDRED AND EIGHTY MILLION DOLLAR DEBT that Tuscaloosa campus OWES to financial institutions. Tuscaloosa's athletic department alone owes TWO HUNDRED MILLION DOLLARS. Go figure!
It's all about THEM.
Any link or anything?
Not saying I don't believe you, just want to read more about this.
http://www.tuscaloosanews.com/article/20...?p=2&tc=pg
That article is 13 months old...
Yeah, I noticed that the article quoted PBJr , Pres Pro Tem,,,,, and that didnt make any sense since he is supposed to be retired/retiring,or whatever and his Bank Board member, Ms Brooks, is now in charge of the BOT.
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05-05-2015 01:41 PM |
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blzrclub80
Special Teams
Posts: 687
Joined: Jan 2007
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I Root For:
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Bond refinancing is a common practice in large institutions. More favorable rates allowed them to save $3 million over the life of the debt. Sexton noted in this article (2014) they were inching closer to the $1 Billion level and had to be careful. Doesn't sound like they have since they appear to have spent about $200 million since this article was written!
(This post was last modified: 05-06-2015 02:37 PM by blzrclub80.)
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05-06-2015 02:36 PM |
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BornAJacket
Water Engineer
Posts: 96
Joined: Mar 2015
Reputation: 2
I Root For: Georgia Tech
Location:
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RE: Study: UAB was 'ill-advised' to cut football, bowling, rifle
Hopefully this will help resore what was stolen from the university
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05-15-2015 02:06 PM |
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