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
Interesting read.Interesting article. They've been operating at a large deficit for a long time, with a lot of disturbing trends.
"By comparison, Oregon, which joined the Big Ten a year later, finished fiscal 2025 with a $2.7 million surplus."
Donor giving is down a lot, only trailing Maryland and Rutgers.
People always underestimate the damage a poor leader can do to any kind of organization.Interesting read.
One thing that stands out to me:
View attachment 51409
I mean, that's on the AD. An $8.2 million increase in administrative staff pay was probably not necessary, especially when the Department was already in th red. I would hesitate to draw any larger conclusions from the UCLA case when it comes to the finances of NCAA athletic departments as a whole. A lot of mismanagement going on here, from the declining booster donations (which according to this article appear to be the result of donor frustration with the AD) to poor financial management, that have nothing to do with the general state of college sports. Case in point:
View attachment 51412
Their situation is akin to household mismanagement. When you have money, everything is great. But when the expenses outweigh the income, you make bad decision after bad decision you hope will be corrected at a future date that never comes.People always underestimate the damage a poor leader can do to any kind of organization.
It seems crazy that UCLA has made such poor decisions and let things get so bad before making any changes.
Which is why we should be thankful for the AD we have. We had a season, not too long ago, where we endured poor leadership.People always underestimate the damage a poor leader can do to any kind of organization.
It seems crazy that UCLA has made such poor decisions and let things get so bad before making any changes.
It says donations and sponsorships decreased. How the hell did they land a 5 star and seven 4 start recruits in the c/o 27?Interesting read.
One thing that stands out to me:
View attachment 51409
I mean, that's on the AD. An $8.2 million increase in administrative staff pay was probably not necessary, especially when the Department was already in th red. I would hesitate to draw any larger conclusions from the UCLA case when it comes to the finances of NCAA athletic departments as a whole. A lot of mismanagement going on here, from the declining booster donations (which according to this article appear to be the result of donor frustration with the AD) to poor financial management, that have nothing to do with the general state of college sports. Case in point:
View attachment 51412
This doesn't include NIL, as NIL goes directly from third-parties to players without ever being part of the AD balance sheet.It says donations and sponsorships decreased. How the hell did they land a 5 star and seven 4 start recruits in the c/o 27?