Athletic department debt

[whobop]

Curious if anyone knows how much debt IU has. Saw that Michigan has over $200 million

The dad

 

[wi_hoosier]

Curious if anyone knows how much debt IU has. Saw that Michigan has over $200 million

The dad

Wait!!! I thought all the schools were getting rich off of athletics and should start paying players.

 

[ORG]

Curious if anyone knows how much debt IU has. Saw that Michigan has over $200 million

The dad

That could be long term facility debt . . .

 

[IndianaHoops]

IU is basically even right now

 

[bsmitty08]

That could be long term facility debt . . .

The football program brings in an annual revenue of 56 million. So you are probably right..they will never show the programs
Showing a gain.

 

[ORG]

The football program brings in an annual revenue of 56 million. So you are probably right..they will never show the programs
Showing a gain.

It's like a governmental agency: you never ever return any money at the end of the budget year.

 

[Davehack]

Curious if anyone knows how much debt IU has. Saw that Michigan has over $200 million

The dad

Most of that was from paying the Fab Five.

 

[Courtsensetwo]

IU AD is in the black.

 

[fpeaugh]

Debt can be a good thing at these rates. Doesn't matter with the cash flow these programs have. The big programs have more than enough cash flow.

 

[BigNutsIUFan]

I will never donate money to a university. They charge a fortune for tuition now and pay coaches enormous salaries while students go into huge debt. Ticket prices and concessions are outrageous. If they are in debt then its their own dam fault

 

[Grotto_22]

Iu athletics operate in the black. We are good.