Possibly the Smartest Man on the planet. ไธ็ใง๏ผ็ช็ฎใซ้ ญใฎใใ็ทใงใใใๅคง่ไธๆตใใซใใใฆใฏ็ฌฌ2ไฝใฎ่ณๆ ผใใชใใจใฏ่จใใชใ
@KeithBarrenger@EliteFitMob@DavidSmoak in 2024 University of Utah athletics had $61 million in reserve Theyโve witnessed operating losses and now at the end of this year their reserve is going to be $6 million. Read the article. It explains why they made 4.7 million a simple accounting trick.
@KeithBarrenger@EliteFitMob@DavidSmoak The audit that I am referring to, and that everyone in the know knowsโฆ the University of Utah athletic department has lost $40 million in the last two years alone.
@BirdNewEngland@FiredUpCoug The data shows Europeans have higher passport ownership. Youโre making an assumption on one study. Another study shows only 46% of Americans have been outside of the US. Canโt just rely on one data source.
@BirdNewEngland@FiredUpCoug I find that hard to believe. Less than half of Americans have a passport and 80% of MAGA canโt locate China on a map. Your chat gpt source has European passport ownership in the 65 to 95% range depending on country.
@Utah_AM Shooting yourself in the foot. Networks look at demand across all platforms when deciding time slots and revenue share. Utah Athletics has essentially no donor base and operating in the red so not the best strategic move.
@EliteFitMob@usatodaysports@DavidSmoak So the University of Utah is loosing $20Millon+ a year. Now moving to a "for profit" organization. 1) increase revenue (not likely) 2) increase donations (not happening) 3) Reduce overhead (Staff/Facilties/NIL). Go back to the PAC12. Be a regional power. Life goes on.
@EliteFitMob@usatodaysports@DavidSmoak the athletic department used millions from its financial reserves to โcover what otherwise would have been a loss.โ Utah reported a surplus of $4.69 million in its most recent athletics financial report, but only after using $19.4 million from reserves. This year another $37mil