(09-10-2019 03:28 PM)arkstfan Wrote: LSU's AD has basically done that with their athletic department declaring he would no longer commit to any specific annual fund transfer to the university presumably he got the blessing of the president prior to doing so.
LSU's Athletic Director hasn't yet changed the policy unilaterally, as he doesn't have the power to do so. From an August 26 article in the Baton Rouge Advocate:
“Athletics will always support the University, but we want to find a way to do it that is sustainable for all of LSU,” Senior Associate Athletic Director Robert Munson said. “We are working with the University to do just that,
and any change would require approval of the president and the Board of Supervisors.”
No AD can unilaterally dictate to a university President what they will and will not do, LOL, the former works for the latter, not vice-versa.
BTW, the impetus for this on the AD side is that despite the boom in SECN money, expenses are rising while that SECN money is presumed to have leveled off. The current policy is that (a) athletics transfers $7.2m annually to academics, then (b) if there is a "surplus" profit, athletics gets the first $3m, then the rest is split 50-50 with academics.
Problem is, that "surplus" has been shrinking - it was $17m in 2017 but fell to $8m last year, as expenses have continued to rise. As the big competitors like Alabama, Georgia, and Florida do not have this transfer policy, LSU athletics is at a disadvantage in the escalating arms race, so bottom line is that the president and BOS will almost certainly end the policy, or at least significantly cut the amount that athletics has to send over.