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2hhoop3

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


I am sure......


It startled lots of people. The reality is they front ended a distribution from the TV contract for the price of interest carry. Probably a reasonable financial move. The $23 MM along with institution internal moves probably prevents widespread disruption in operations as the holes the individual departments were looking at were estimated to range from approximately $35MM to $55MM. Most schools are confronting big holes, and the SEC utilized banks as their partners to lessen the load on universities as a whole.

(In response to this post by Stech)

Posted: 10/15/2021 at 1:02PM



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