The unofficial online home for fans of the UAB Blazers. Part of Collegiate Sports Nation (CSN).

(05-16-2015 09:44 AM)PTBlazer Wrote:  

(05-16-2015 09:39 AM)kdblazer Wrote:  

(05-16-2015 09:38 AM)PTBlazer Wrote:  

(05-15-2015 11:57 PM)GreenMississippi Wrote:  We probably needed a slam dunk. Getting the layup by covering the costs for the next 5 years gives them some leeway to make claims about the 5 years after next. Arguments that all the estimates and accounting for cost are WAY over the top will fall on ears we already know to be deaf.

Get ready for a bloodbath of a socio-political fight. I really wish OSKR knew what they were about to do with the report.

I believe it's simple arithmetic. If the FF big donors double the $12MM, or come close, it's done. This is assuming this is hard money, meaning ideally fully funded Foundation Dollars in the Bank. If there is "we can pledge $3MM "and when I say something I mean it" sort of talk, its going to be a "we can't run this University on promises" response.

Score tied 40-40. Serve to the the Foundation.

What?

It's an analogy. It means it's time for the FF to show their hand. Their big full of cash hand.

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

(05-16-2015 09:48 AM)kdblazer Wrote:  

(05-16-2015 09:44 AM)PTBlazer Wrote:  

(05-16-2015 09:39 AM)kdblazer Wrote:  

(05-16-2015 09:38 AM)PTBlazer Wrote:  

(05-15-2015 11:57 PM)GreenMississippi Wrote:  We probably needed a slam dunk. Getting the layup by covering the costs for the next 5 years gives them some leeway to make claims about the 5 years after next. Arguments that all the estimates and accounting for cost are WAY over the top will fall on ears we already know to be deaf.

Get ready for a bloodbath of a socio-political fight. I really wish OSKR knew what they were about to do with the report.

I believe it's simple arithmetic. If the FF big donors double the $12MM, or come close, it's done. This is assuming this is hard money, meaning ideally fully funded Foundation Dollars in the Bank. If there is "we can pledge $3MM "and when I say something I mean it" sort of talk, its going to be a "we can't run this University on promises" response.

Score tied 40-40. Serve to the the Foundation.

What?

It's an analogy. It means it's time for the FF to show their hand. Their big full of cash hand.

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

No, you are 100 percent mistaken in that. I have faith in their ability to raise the funds necessary to get this done. Total faith. I do believe though that the only way to take this entire discussion off the table is to put up the cash. I have said for three months, based on my own sources, that it will take "money in the bank" and nothing else. Do I think that is neccesarily fair? No. But that is unfortunately the rules of this game, which is set by the BOT. And you are correct, the University Administration and BOT did put UAB in this predicament. And they are as untrustworthy as all hell. But they will only allow football back when they have no other choice. And they are allowed this by the Constitution of the State of Alabama, like it or not.

The report sounds like it was much in line with my expectations. There was no way they were going to use OSKR's accounting practices, but, instead of mailing it in like Carr did, it appears they really put in the work.

What I'm particularly interested in is how it will reflect how the mounting one time expenses played a role and viability they stated of going without football. In any case, it looks like all the official concerns regarding the programs have been officially addressed. If it's all about the numbers, this is the clearest picture we'll have and, apparently, we stand to see a net loss for quite a while before seeing a very marginal return years later without football. There is millions of dollars raised by so called vocal few in less than half a month so you can't really say that there isn't any support.

I wonder what excuses the administration will try to throw out there.

(05-16-2015 10:01 AM)PTBlazer Wrote:  

(05-16-2015 09:48 AM)kdblazer Wrote:  

(05-16-2015 09:44 AM)PTBlazer Wrote:  

(05-16-2015 09:39 AM)kdblazer Wrote:  

(05-16-2015 09:38 AM)PTBlazer Wrote:  I believe it's simple arithmetic. If the FF big donors double the $12MM, or come close, it's done. This is assuming this is hard money, meaning ideally fully funded Foundation Dollars in the Bank. If there is "we can pledge $3MM "and when I say something I mean it" sort of talk, its going to be a "we can't run this University on promises" response.

Score tied 40-40. Serve to the the Foundation.

What?

It's an analogy. It means it's time for the FF to show their hand. Their big full of cash hand.

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

No, you are 100 percent mistaken in that. I have faith in their ability to raise the funds necessary to get this done. Total faith. I do believe though that the only way to take this entire discussion off the table is to put up the cash. I have said for three months, based on my own sources, that it will take "money in the bank" and nothing else. Do I think that is neccesarily fair? No. But that is unfortunately the rules of this game, which is set by the BOT. And you are correct, the University Administration and BOT did put UAB in this predicament. And they are as untrustworthy as all hell. But they will only allow football back when they have no other choice. And they are allowed this by the Constitution of the State of Alabama, like it or not.

The term money in the bank versus UAB standard way of getting donations via pledges. So you believe the money bank phrase is better than the pledge if so then why do the university use pledges for everything even the billion dollar campaign?

(05-16-2015 10:07 AM)kdblazer Wrote:  

(05-16-2015 10:01 AM)PTBlazer Wrote:  

(05-16-2015 09:48 AM)kdblazer Wrote:  

(05-16-2015 09:44 AM)PTBlazer Wrote:  

(05-16-2015 09:39 AM)kdblazer Wrote:  What?

It's an analogy. It means it's time for the FF to show their hand. Their big full of cash hand.

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

No, you are 100 percent mistaken in that. I have faith in their ability to raise the funds necessary to get this done. Total faith. I do believe though that the only way to take this entire discussion off the table is to put up the cash. I have said for three months, based on my own sources, that it will take "money in the bank" and nothing else. Do I think that is neccesarily fair? No. But that is unfortunately the rules of this game, which is set by the BOT. And you are correct, the University Administration and BOT did put UAB in this predicament. And they are as untrustworthy as all hell. But they will only allow football back when they have no other choice. And they are allowed this by the Constitution of the State of Alabama, like it or not.

The term money in the bank versus UAB standard way of getting donations via pledges. So you believe the money bank phrase is better than the pledge if so then why do the university use pledges for everything even the billion dollar campaign?

Because they are using different rules for Football. If Watts actions and words have indicated otherwise, I haven't seen it. Have you?

This report should be the beginning of the end for the anti-football forces. Even if there were no private donations to make up the deficit, I would argue that the $3 million is a small price to pay for the benefits of having FBS football at a university. With the donations, restoring football is the only thing that makes sense.

It's hard to overstate the insanity and incompetence of the original decision. If there were a hall of fame for terrible administrators, Ray Watts would belong in the inaugural class.

(05-16-2015 10:01 AM)PTBlazer Wrote:  

(05-16-2015 09:48 AM)kdblazer Wrote:  

(05-16-2015 09:44 AM)PTBlazer Wrote:  

(05-16-2015 09:39 AM)kdblazer Wrote:  

(05-16-2015 09:38 AM)PTBlazer Wrote:  I believe it's simple arithmetic. If the FF big donors double the $12MM, or come close, it's done. This is assuming this is hard money, meaning ideally fully funded Foundation Dollars in the Bank. If there is "we can pledge $3MM "and when I say something I mean it" sort of talk, its going to be a "we can't run this University on promises" response.

Score tied 40-40. Serve to the the Foundation.

What?

It's an analogy. It means it's time for the FF to show their hand. Their big full of cash hand.

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

No, you are 100 percent mistaken in that. I have faith in their ability to raise the funds necessary to get this done. Total faith. I do believe though that the only way to take this entire discussion off the table is to put up the cash. I have said for three months, based on my own sources, that it will take "money in the bank" and nothing else. Do I think that is neccesarily fair? No. But that is unfortunately the rules of this game, which is set by the BOT. And you are correct, the University Administration and BOT did put UAB in this predicament. And they are as untrustworthy as all hell. But they will only allow football back when they have no other choice. And they are allowed this by the Constitution of the State of Alabama, like it or not.

I also believe that the administration is untrustworthy. This is exactly why I have no intention of advising the FF and the big boosters about how they should handle their donations. They are playing a very smart game of poker thus far, and I'm not about to joggle their elbow. They know how much they have lined up, what their progress is toward large personal and corporate donations, what facilities they have money in hand to pay for when they do come to the table.

Letting those people control the timing of those donations according to their judgement and their knowledge of the situation seems very sensible.

(05-16-2015 10:20 AM)PTBlazer Wrote:  

(05-16-2015 10:07 AM)kdblazer Wrote:  

(05-16-2015 10:01 AM)PTBlazer Wrote:  

(05-16-2015 09:48 AM)kdblazer Wrote:  

(05-16-2015 09:44 AM)PTBlazer Wrote:  

Your post seem to indicate that you don't put much faith in the Foundation. They are not the enemy in this scenario, the university administration and BOT are the ones that put UAB in this predicament not the foundation.

No, you are 100 percent mistaken in that. I have faith in their ability to raise the funds necessary to get this done. Total faith. I do believe though that the only way to take this entire discussion off the table is to put up the cash. I have said for three months, based on my own sources, that it will take "money in the bank" and nothing else. Do I think that is neccesarily fair? No. But that is unfortunately the rules of this game, which is set by the BOT. And you are correct, the University Administration and BOT did put UAB in this predicament. And they are as untrustworthy as all hell. But they will only allow football back when they have no other choice. And they are allowed this by the Constitution of the State of Alabama, like it or not.

The term money in the bank versus UAB standard way of getting donations via pledges. So you believe the money bank phrase is better than the pledge if so then why do the university use pledges for everything even the billion dollar campaign?

Because they are using different rules for Football. If Watts actions and words have indicated otherwise, I haven't seen it. Have you?

I agree PT. Watts wants to see the money in cash in velvet lined suit cases.

(05-15-2015 10:45 PM)Native Georgian Wrote:  For the first time in six months I am feeling truly optimistic about how this will end.

Ditto