All Hokie, All the Time. Period. Presented by

Conference Realignment Board

2hhoop3

Joined: 10/07/1999 Posts: 22779
Likes: 19618


I think the Start Jumping .....


campaign could save some jobs, at least for a while, but, in my opinion, it is akin to bailing water in a sinking ship. It may slow the rate of the ship going down without changing the eventual outcome if full scale repairs cannot be made.

Given the estimated campaign percentages so far, using the $50 million projected loss thrown around and taking a WAG at other expenses reduced from not competing I would guess(optimistically I think) that the projected loss could be narrowed to $20 million. That still leaves a big hole, some of the Start Jumping funds(credits applied to next year) being a noninterest bearing short term loan and the uncertainties of an unsure athletic landscape(threatened suits and federal regulation) going forward. My opinion is that the day of reckoning for major college athletics is now upon us and what it really will look like going forward is anybody's guess. I also feel confident Mark Emmert and the current leadership of the NCAA is not qualified and equipped to handle the growing storm.

(In response to this post by anotherdamnyankeehokie)

Posted: 08/19/2020 at 4:26PM



+2

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
VT and potential money loss -- MrFantastic! 08/19/2020 07:47AM
  I think the Start Jumping ..... -- 2hhoop3 08/19/2020 4:26PM
  I do not know.... -- 2hhoop3 08/19/2020 7:57PM
  The issue, in my opinion,.... -- 2hhoop3 08/19/2020 4:53PM

Tech Sideline is Presented By:

Our Sponsors

vm307