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chuckd4vt

Joined: 12/22/02 Posts: 8150
Likes: 2072


Not what Dave's article suggests. They will pay off back debt by 21.


So they were 3.5 million in the red for 13-14 season. However, USA Today tells us that they were over 125 K in the black for 14-15. Two different years and two different numbers. And yes, they did receive subsidies. Not sure how much or where exactly that came from.

But we're splitting hairs here anyhow. They are doing FAR FAR better financially since moving to the B1G. Even deducting ALL subsidies, the Terps and their less than stellar fanbase are making more money from athletics than Virginia Tech, a school with die hard fans abound. That's a problem. And Maryland's financial situation will only improve due to it's finally getting out from under ACC debt in a handful of years. Who know's how far their gap with VT will be by then?

Keep your head in the sand if you would like, but we're getting left behind. Next time you cut a check to VT Athletic, think about how much better off VT would be if it were getting B1G or SEC payouts. And I'm not even all that interested in moving to those leagues. I just want the ACC to be able to negotiate contracts that are at least in the ballpark with those two. I see little reason why those two should be leaving the aCC behind.

(In response to this post by 2hhoop3)

Posted: 03/14/2017 at 09:48AM



+0
Current Thread:
  The article makes for a great laugh and..... -- 2hhoop3 03/13/2017 10:53AM
  How are your predictions about Maryland going? ** -- chuckd4vt 03/12/2017 6:18PM
  UMD fans -- Vippie1 03/13/2017 09:09AM
  Re: UMD fans -- 2hhoop3 03/13/2017 10:08AM
  WRONG. UMD made money yr before last (link). -- chuckd4vt 03/13/2017 9:11PM
  Nope (link) -- daveinop 03/14/2017 09:06AM
  Not wrong according to reports filed .... -- 2hhoop3 03/14/2017 08:52AM
  Show me some sort of proof disputing the numbers. -- chuckd4vt 03/14/2017 09:05AM
  Dave already beat me to it..... -- 2hhoop3 03/14/2017 09:19AM
  Don't let your ignorance of the past mislead you. -- chuckd4vt 03/14/2017 12:26PM
  All ACC schools have individual Tier 3 deals ** -- daveinop 03/17/2017 09:02AM
  Not even close but.... .... -- 2hhoop3 03/14/2017 2:01PM
  You continue.... -- 2hhoop3 03/14/2017 2:35PM
  Here's your answers.. -- 2hhoop3 03/15/2017 10:49AM
  You should take your own advice..... -- 2hhoop3 03/14/2017 11:05AM
  Chucks posts are -- RTFC 03/15/2017 12:43PM
  Sorry, not going to -- chuckd4vt 03/15/2017 2:24PM
  See my link above ** -- daveinop 03/14/2017 09:07AM
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