UT Athletic Department $200 Million In Debt

Discussion in 'Other Sports' started by The Hammer, Jan 30, 2013.

  1. World Peace

    World Peace n/a

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    This is my favorite thread of all time.
    #11
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  2. VolnTitan

    VolnTitan Starter

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    Just a quick note. Apparently UT is actually worse than thought. They are carrying $263 Million debt.

    And actually I'm talking about UTjr in Austin, TX
    #12
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  3. Ghost

    Ghost 3 Time US Navy 7th Fleet "Hogging" Champion

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    Lol this is great god i hate ut stole the real UT in Texas' abbreviation.

    Maybe they should place a huge bet in Vegas on the next game against the Gators and take a dive.....oh wait never mind.
    #13
  4. VolnTitan

    VolnTitan Starter

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    Actually, we had it first ;)
    #14
  5. The Hammer

    The Hammer Straight Ridah

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    University of Tennessee is a lot older than University of Texas so that is correct.
    #15
  6. VolnTitan

    VolnTitan Starter

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    My point is that UT isn't the first athletic dept to run in the red and won't be the last by any means.
    #16
  7. Alex1939

    Alex1939 Old Man Tip Jar Donor

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    You mean instead of saving hundreds of millions for facility renovations and paying it all out that UT took a loan???

    Wow, how shocking. :shakehead:
    #17
  8. World Peace

    World Peace n/a

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    Who underwrote that loan? I have a few surfshops in Kansas that could use a loan. Apparently, all you have to do is lose 4 million a year and companies will line up to give you 9 figures. Easy enough.
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  9. Titans Eternal

    Titans Eternal Got the swagger of a cripple

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    LADY VOLS #1
    #19
  10. Titans Eternal

    Titans Eternal Got the swagger of a cripple

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    ...that is a great idea. :)
    #20