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(01-26-2018 02:09 PM)ODU804 Wrote:  

(01-26-2018 01:52 PM)ODUBB35 Wrote:  

(01-26-2018 01:49 PM)MonarchCAM Wrote:  It's disappointing for sure, but I don't think the admin is any happier about than we are. It's just a perfect storm of financial hits in quick succession:

1. TV money from CUSA evaporated before we got a piece of it.
2. Cox bill cut 15 -20% of the total athletic budget.
3. Had to pay "total cost" to scholarships. Not a huge hit but it didn't help.
4. Construction cost rising to stupid levels.

All of which I don't know what anyone could have done about. Yeah it sucks to go from 30,000 to a new set of bleachers; but I don't think the admin is being purposefully mediocre.

I don't think it's purposeful either, but somebody dropped the ball somewhere.

JMU is getting ready to build an $80 million basketball arena. Surely we should be able to put that much into a football stadium.

It could have something to do with the fact that the person who wrote the bill (Cox) is a JMU grad and grandfathered in any projects which had already been approved so they didn't count against the athletic budget requirements.

Our stadium would have been grandfathered in if the admin had worked faster. They didnt. Some would describe that as "dropping the ball". This stadium thing looks like a comedy of errors at this point. Again, we don't know for certain, but all indications are looking ugly. I'll try to hope for the best until we see the final plan.

https://pilotonline.com/sports/columnist...df7f4.html

The above is an article about the new tax law's affect on college athletics. Basically, ODAF contributions are no longer tax deductible. UVA was smart and sent all of their donors notification and said if they paid before the end of 2017 their contribution would be tax deductible, AND they could pay now for years to come. Had ODU done that, they probably would have received and influx of cash that could have immediately been used toward the stadium. Of course that means we would have a bit less money down the road, but we needed the cash now. Not sure why our guys didnt think of that.