Ryan Thorburn has the PAC-12 report in the RG here:
Oregon Ducks to receive $32.2 million payout from Pac-12 for 2018-19 fiscal year
The Duck’s federally required EADA report shows some details on revenue and spending:
Ryan Thorburn has the PAC-12 report in the RG here:
Oregon Ducks to receive $32.2 million payout from Pac-12 for 2018-19 fiscal year
The Duck’s federally required EADA report shows some details on revenue and spending:
Please UOmatters do the relevant math, in milli-helfricks or whatever
who many NTTF positions correspond to what we are paying all these coaches…?
Question is, how much of the difference is coming from the Duck endowment, or Uncle Phil?
Really, a much, more more serious question is, what happened to the CAS budget?
The AD revenue is much more than the $32 million from the Pac12, so there isn’t a $13M deficit that needs covering by the endowment. UOM may or may not have been trying to be deceptive with that headline, but my first reaction was the same as yours. Oregon is relatively unscathed by the AD spending, unlike some other schools (UConn, for example, covers a $30 million+ AD deficit with general funds.) All bets are off this year, of course!
Does the AD carry the debt for their facilities on their books? If not, then the academic side is very much impacted by the AD. With revenue producing sports not having seasons, or truncated ones, bondholders will be looking to the academic side for backfill….
Debt payment on the Knight Arena etc is about $20M a year. Without football, the Ducks will lose maybe $80M this year. They have reserves of $60M in Phil Knight’s “Legacy Fund”. UO is not obligated to pay Duck coaches out of tuition, but we are liable for the Knight Arena debt. https://uomatters.com/2020/03/the-ducks-have-63m-in-cash-will-pres-schill-let-them-keep-spending-it-on-themselves.html
And the arena current debt load is $150 mil, que no?? That dog don’t hunt…
Were it true, this would be a relief to UO’s academic side, who’ve been paying $450K a year towards this Duck debt. And since they neglected to make the bonds recallable, that payment’s not going down.
Wow Chris, in the immortal words of a former university president, I want some of what you’ve been smoking. As a member of the Senate Budget Committee that analyzed the long term implications of that arena financing, I suggest you do a little research and try to comprehend what the University is on the hook for, after the $100 million Legacy Fund is burned through.
And I haven’t checked, but I’m wondering who’s paying for that spiffy new office wing that’s just been added. I’d bet there’s been $10 million plunked down on that.
Maybe all the new dorms, emu, stuff not potentially covered by Phil is more concerning. I don’t know the numbers. I don’t know what Phil is doing.
Now, what about that CAS budget?
Thinking about the person typing that report and how much they are getting paid. Crazy.
A lot of the endowment is for athletics. Perhaps in extremis the foundation could be induced to cover the bonds out of that.
Let’s consider the UO Health Center, too. That’s the non-AD one. It’s like for regular students. Is it fully accredited? Is it funded and staffed to handle what surely will be out of control responsibilities Fall Term 2020 F2F instruction?