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Tulsa financial trouble
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bearcat29 Offline
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Post: #21
RE: Tulsa financial trouble
(04-17-2020 05:17 AM)HuskyU Wrote:  Kick out Tulsa. Add UCONN.
As long as UConn pays a nice entry fee and gives up some tv revenue for a decade, come on back!
04-17-2020 08:45 AM
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colohank Offline
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Post: #22
RE: Tulsa financial trouble
(04-17-2020 05:17 AM)HuskyU Wrote:  Kick out Tulsa. Add UCONN.

Nah, UConn made a choice, and we should honor that decision. Let UConn football remain independent until it ceases to exist. The wait shouldn't be long.
04-17-2020 09:12 AM
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Sideshow2313 Offline
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Post: #23
RE: Tulsa financial trouble
Endowment is earmarked for mostly faculty. This is not athletics $ issue, its a school issue. They need to get lean and more effective at serving their 4,600 students.

Their a private school and probably is operating on a paradigm from a century ago.
04-17-2020 09:13 AM
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Pony94 Offline
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Post: #24
RE: Tulsa financial trouble
(04-17-2020 09:13 AM)Sideshow2313 Wrote:  Endowment is earmarked for mostly faculty. This is not athletics $ issue, its a school issue. They need to get lean and more effective at serving their 4,600 students.

Their a private school and probably is operating on a paradigm from a century ago.

They made changes a year or two ago,


https://www.city-journal.org/university-of-tulsa
04-17-2020 09:19 AM
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SMUstang Offline
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Post: #25
RE: Tulsa financial trouble
(04-17-2020 05:17 AM)HuskyU Wrote:  Kick out Tulsa. Add UCONN.

I'm not in favor of kicking anyone out. If they want to leave, so be it, but with their history of D1 football and basketball, I doubt they will throw in the towel.
(This post was last modified: 04-17-2020 11:51 AM by SMUstang.)
04-17-2020 09:21 AM
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panicstricken Offline
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Post: #26
RE: Tulsa financial trouble
We should just close the whole GD school.
04-17-2020 09:43 AM
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Foreverandever Offline
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Post: #27
RE: Tulsa financial trouble
It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.
04-17-2020 09:44 AM
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Bear Catlett Offline
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Post: #28
RE: Tulsa financial trouble
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

I was going to say, isn't every college athletic department not named Texas or Ohio st. running in the red???
04-17-2020 10:00 AM
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Sideshow2313 Offline
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Post: #29
RE: Tulsa financial trouble
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

Forgot to thank UH,Memphis,Cinn and UCF for allowing TU to be in the black for athletics.

After reading https://www.city-journal.org/university-of-tulsa it is pretty evident TU is playing catch-up in academic administration.

Hope TU can emerge leaner bc that is the game in academic admin. I know schools will use this against TU on academic side. Just like athletics, schools recruit the best and brightest
04-17-2020 10:00 AM
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BraveKnight Offline
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Post: #30
RE: Tulsa financial trouble
(04-17-2020 10:00 AM)Bear Catlett Wrote:  
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

I was going to say, isn't every college athletic department not named Texas or Ohio st. running in the red???
As pointed out earlier, it’s the whole university, not just the athletic department.
04-17-2020 10:39 AM
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Joprior23 Offline
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Post: #31
RE: Tulsa financial trouble
(04-16-2020 11:08 PM)Westhoff123 Wrote:  No way Tulsa athletics survives of they there is no football this year.


Sent from the warp via the ruinous powers of chaos.

I’ll be surprised if UH athletics, or anyone in the conference for that matter, survives without a football season
04-17-2020 10:43 AM
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Pony94 Offline
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Post: #32
RE: Tulsa financial trouble
(04-17-2020 10:43 AM)Joprior23 Wrote:  
(04-16-2020 11:08 PM)Westhoff123 Wrote:  No way Tulsa athletics survives of they there is no football this year.


Sent from the warp via the ruinous powers of chaos.

I’ll be surprised if UH athletics, or anyone in the conference for that matter, survives without a football season

Hearing more and more positive things we will have football right now. Most likely with reduced fans but at least it sounds like football will happen (compared to last week).
(This post was last modified: 04-17-2020 10:54 AM by Pony94.)
04-17-2020 10:54 AM
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TexanMark Offline
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Post: #33
RE: Tulsa financial trouble
(04-17-2020 10:00 AM)Bear Catlett Wrote:  
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

I was going to say, isn't every college athletic department not named Texas or Ohio st. running in the red???

No more than that make money. Cuse makes $15-20M a year without large student subsidies. A byproduct of Media money, a Dome and a huge hoops program for sure but also they are fairly frugal.
04-17-2020 11:31 AM
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Stickboy46 Offline
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Post: #34
RE: Tulsa financial trouble
(04-17-2020 10:43 AM)Joprior23 Wrote:  
(04-16-2020 11:08 PM)Westhoff123 Wrote:  No way Tulsa athletics survives of they there is no football this year.


Sent from the warp via the ruinous powers of chaos.

I’ll be surprised if UH athletics, or anyone in the conference for that matter, survives without a football season

Obviously .. I think Wichita would be fine. If it extends to basketball season though ....
04-17-2020 11:39 AM
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Attackcoog Offline
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Post: #35
RE: Tulsa financial trouble
(04-17-2020 08:22 AM)mustangxc Wrote:  
(04-17-2020 05:17 AM)HuskyU Wrote:  Kick out Tulsa. Add UCONN.

Actually, Tulsa leaving along with UConn would work out perfectly as we would now have a 10 team conference in football and basketball. No more issues trying to replace UConn. If BYU and Boise State want to come along as football only members great! If not, stand pat.

UCF
USF
ECU
Temple
Navy/Wichita State
Cincinnati
Memphis
Tulane
Houston
SMU

lol...thats what I was thinking. No need to add some dead wight school just to get back to 11 when 10 is a much more manageable number. We'd be much better off playing with 10--and maybe adding VCU to make up for the loss of one very high end basketball program. The problem for Tulsa is where would they go if they wanted to step down from the high spending AAC? A suitable landing spot might be a bigger problem than figuring out a way out of their budget issues. I suspect they will just figure out a way out of their budget issues.
(This post was last modified: 04-17-2020 12:18 PM by Attackcoog.)
04-17-2020 12:03 PM
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invisiblehand Offline
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Post: #36
RE: Tulsa financial trouble
You should also note that 7 years ago was right around the time Oil tanked from 100+ dollars a barrel to 40 and then even further. A number of Tulsa’s investments and donors are related to the energy industry. The oil price drops have hit Tulsa hard in terms or ROI and donations.
04-17-2020 12:23 PM
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Pony94 Offline
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Post: #37
RE: Tulsa financial trouble
(04-17-2020 12:23 PM)invisiblehand Wrote:  You should also note that 7 years ago was right around the time Oil tanked from 100+ dollars a barrel to 40 and then even further. A number of Tulsa’s investments and donors are related to the energy industry. The oil price drops have hit Tulsa hard in terms or ROI and donations.

That's weird - the same with SMU but we don't have the massive deficits like Tulsa.

When Tulsa closes down, Cincinnati will claim to Panicstricken
(This post was last modified: 04-17-2020 12:31 PM by Pony94.)
04-17-2020 12:28 PM
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WhalerFan Offline
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Post: #38
RE: Tulsa financial trouble
(04-17-2020 11:31 AM)TexanMark Wrote:  
(04-17-2020 10:00 AM)Bear Catlett Wrote:  
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

I was going to say, isn't every college athletic department not named Texas or Ohio st. running in the red???

No more than that make money. Cuse makes $15-20M a year without large student subsidies. A byproduct of Media money, a Dome and a huge hoops program for sure but also they are fairly frugal.

Huge hoops program? UConn 4 > Syracuse 1. And, that trophy sits all by itself in the dome with no friends.
04-17-2020 12:30 PM
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TexanMark Offline
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Post: #39
RE: Tulsa financial trouble
(04-17-2020 12:30 PM)WhalerFan Wrote:  
(04-17-2020 11:31 AM)TexanMark Wrote:  
(04-17-2020 10:00 AM)Bear Catlett Wrote:  
(04-17-2020 09:44 AM)Foreverandever Wrote:  It's always UCF guys.

This is the fourth or fifth time this year that some UCF douche has declared we are gone.

We went over this on other threads. Tulsa operates on a private budget no state government goodies letting us spend millions of dollars on buildings we aren't supposed to use that money for. This isn't even a real problem, this is actually internal politics, we were losing a small amount every year (around 1-2m) we have a major donor who wants to turn us in to a personal techie school for him. So they made an excuse to cut some liberal arts degrees and this is a continuation of that. Not to say we aren't making adjustments because of covid but most of the doom is being spewed from the person who is currently in charge after our president "resgned" for health reasons (really getting pushed out). Its all part of the plan to finish converting us to a total cyber school that the Kaizer's want.


As far as athletics go, Tulsa has one of the lowest subsidies in the g5 and all of college athletics, with the incoming money from tv we will run our athletic program in the black.

This is going to hit every school hard. I would be less worried about SMU, Tulane, and Tulsa and be more worried about UCF's and USF's who run huge tabs on student fees or schools.like UCF who have small endowments and are looking at huge cuts from their state sugar daddies.

Tulsa survived Statehood, the flu of 1918, WWI, WWII, the great depression and a ton of oil busts and recessions, we'll be fine. Some of you started in the 1960s, I'd be worried about passing your first real test as a school and athletic department.

I was going to say, isn't every college athletic department not named Texas or Ohio st. running in the red???

No more than that make money. Cuse makes $15-20M a year without large student subsidies. A byproduct of Media money, a Dome and a huge hoops program for sure but also they are fairly frugal.

Huge hoops program? UConn 4 > Syracuse 1. And, that trophy sits all by itself in the dome with no friends.

Are you really this ignorant? What school leads the nation in attendance? Trophies don't pay the rent. Trophies also haven't helped Yukon from losing seasons and play games in front of a decrepit empty XL Center. Yukon is bleeding red...the AAC bent you guys over on the way out the door. How much did you have to pay? Ha Ha
(This post was last modified: 04-17-2020 12:50 PM by TexanMark.)
04-17-2020 12:44 PM
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invisiblehand Offline
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Post: #40
RE: Tulsa financial trouble
(04-17-2020 12:28 PM)Pony94 Wrote:  
(04-17-2020 12:23 PM)invisiblehand Wrote:  You should also note that 7 years ago was right around the time Oil tanked from 100+ dollars a barrel to 40 and then even further. A number of Tulsa’s investments and donors are related to the energy industry. The oil price drops have hit Tulsa hard in terms or ROI and donations.

That's weird - the same with SMU but we don't have the massive deficits like Tulsa.

When Tulsa closes down, Cincinnati will claim to Panicstricken

Might be able to attribute some of the difference to the Permian vs the rest of the Midcontinent. Some companies like CHK and Devon out of Oklahoma City weren’t as successful after the initial price decline as companies in the Permian. I would bet that a larger number of Texas based companies are both exploring the Permian and donating to SMU.
(This post was last modified: 04-17-2020 12:52 PM by invisiblehand.)
04-17-2020 12:51 PM
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