UCLA has fired its Athletic Director… less than a week from the start of the football season.
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BREAKING: UCLA AD Jarmond fired, replaced by former Lakers executive
"UCLA Athletics currently carries a significant financial deficit, and its current path is not sustainable," stated UCLA chancellor Julio Frenk.uclawire.usatoday.com
UCLA-“We are in a massive financial hole.”UCLA has fired its Athletic Director… less than a week from the start of the football season.
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BREAKING: UCLA AD Jarmond fired, replaced by former Lakers executive
"UCLA Athletics currently carries a significant financial deficit, and its current path is not sustainable," stated UCLA chancellor Julio Frenk.uclawire.usatoday.com
That slicing sound you hear is non-revenue sports getting cutUCLA-“We are in a massive financial hole.”
Also UCLA-“We’ll have to fire a guy that we still owe 6.5 million dollars.”
But in all seriousness, this is a big piece of evidence about how even with the money now rolling in, trying to make the dollars and cents work across an entire athletic program is only going to become tougher at the P4 level.
if not all of them , surely a lot of themThat slicing sound you hear is non-revenue sports getting cut
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UCLA-“We are in a massive financial hole.”
Also UCLA-“We’ll have to fire a guy that we still owe 6.5 million dollars.”
But in all seriousness, this is a big piece of evidence about how even with the money now rolling in, trying to make the dollars and cents work across an entire athletic program is only going to become tougher at the P4 level.
That slicing sound you hear is non-revenue sports getting cut
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Honestly, I didn’t even think about the Calimony. I was thinking more about the major travel expenses for the non-rev sports.while UCLA's AD is not in good financial shape, one has to take their $10M annual Calimony payment to Cal. I think this is the last year they're on the hook for that. not suggesting that's the sole cause of their dilemma, but it sure don't help