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Benedict has to address this mess

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whaler11 said:
If the endowment at BU is only up 60% since 2007... yes, everyone involved should be fired that is almost impossible to pull off.
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Welp, I guess Harvard and Yale should clean house too, they've had 7% and 5% growth since 2007 respectively. Your argument with regards to Herbst deserving no credit for UConn's endowment success is absurd.
 
gtcam said:
agreed it was a huge accomplishment
BUT if he wan't a Mich alum - would he have even gotten a sniff?
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Given the sports world does not operate in a Storrs and Connecticut National Flag and White shaded prism, and based on Manuel's established professional success and extremely high respect in Ann Arbor followed by university sports-industry success and development with Buffalo and UConn alike, yes, highly likely. Clearly, Michigan looked at much more than just Manuel's alma mater.
 
whaler11 said:
If the endowment at BU is only up 60% since 2007... yes, everyone involved should be fired that is almost impossible to pull off.
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How has your portfolio done?:rolleyes:
 
whaler11 said:
Well like anyone who buys index funds since 2007 it's up 400%.
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If you did that well on your bets you would have enough $$ to donate so Benedict could buy out Diaco's contract
 
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brasssbonanzaa said:
Welp, I guess Harvard and Yale should clean house too, they've had 7% and 5% growth since 2007 respectively. Your argument with regards to Herbst deserving no credit for UConn's endowment success is absurd.
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You'll need a link to prove that they grew 5% or 7% since 2007. That's clearly impossible.
 
FDNY99 said:
If you did that well on your bets you would have enough $$ to donate so Benedict could buy out Diaco's contract
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I came off my best college basketball season ever... and had a brutal
college football season.
 
brasssbonanzaa said:
Welp, I guess Harvard and Yale should clean house too, they've had 7% and 5% growth since 2007 respectively. Your argument with regards to Herbst deserving no credit for UConn's endowment success is absurd.
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Oh wait I should have realized you wanted to have a semantic debate about when the market cratered. Ok - it's 1/1/09 not during 2007.
 
Who Ha said:
Ok. I guess you can buy Diaco out
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Don't have quite enough to do that - it doesn't change the fact the market is up 80% since Herbst took over and doubling the endowment isn't a
reason to have a parade.
 
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whaler11 said:
Diaco is the kind of guy who bullies people into bets and then doesn't pay.
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I fell for his energy when he first became our coach, quickly I had my doubts about him as a coach but gave it a wait and see approach until it became apparent he is a horrible coach. I still liked him as a person until I finally saw what this guy is all about this season. Not only do I think he's the worst coach in D1 but he's also a POS.
 
whaler11 said:
I came off my best college basketball season ever... and had a brutal
college football season.
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Whaler there is still some time to make a small run in CFB and recoup some of your losses
 
FDNY99 said:
Whaler there is still some time to make a small run in CFB and recoup some of your losses
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I made a small run thanks to Diaco.

I had a 6-0 day in the NFL today and have Kansas City so all is not lost!
 
gtcam said:
Comparing Texas and Connecticut is utterly ridiculous
1. Size of the respective schools
2. The amount of money generated by the athletic departments - UT has its own tv network
3. The economy of the state- Malloy has killed this state, Texas is doing real nice

Do you think URI, UMass, UNH, UVM or UMaine could swallow $3.7 mill never mind $5mill?
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None of those schools would have been stupid enough to put that large a buyout in the contract and agree to it.
 
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gtcam said:
Comparing Texas and Connecticut is utterly ridiculous
1. Size of the respective schools
2. The amount of money generated by the athletic departments - UT has its own tv network
3. The economy of the state- Malloy has killed this state, Texas is doing real nice

Do you think URI, UMass, UNH, UVM or UMaine could swallow $3.7 mill never mind $5mill?
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and again, we act as if this $5 million wasn't a self-freaking inflicted wound
 
superjohn said:
Athletic success is absolutely paramount to UConn's continued success, it's what got the school where it is today.
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And out of the 38K applications they will get this year I bet about 3K of those kids care. Having a bad few years of football doesn't close a university.
 
J187Money said:
And out of the 38K applications they will get this year I bet about 3K of those kids care. Having a bad few years of football doesn't close a university.
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They may not care, but a high athletic profile is likely one of the reasons they've heard about the school and checked it out, even if they don't care about sports.
 
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Rumrunner said:
No it hasn't.

June 2011 (end of FY)
$329 million

June 2016 (end of FY)
$376 million
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Exactly! It quadrupled!

Shut up.

(Just kidding) ;)
 
UConnJim said:
Getting back on topic, when will Benedict talk about what's going on? How can he stay quiet?
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Thank you. Do most of you remember where this thread started before it degenerated into blasting Herbst, Geno , Manual etc? We are all unhappy, but lets stop lashing out at others. The fact is, we may not know who they are, but there enough highly successful UCONN graduates that buying our Diaco can be done.
Herbst was hired as an academic president. I don't know her personally, but it appears she is doing a good job of that. The reputation of UCONN in the eyes of potential employers has grown significantly. Hopefully she is smart enough to rely on her AD and others for guidance on athletics. As to the problem at hand, as I said in another thread, if you look at the decline in attendance and what is likely to be a slide in advertising revenues, I don't think UCONN can afford to keep Diaco on. The potential loss of revenue seems to outweigh the cost of a buyout,
 
Rumrunner said:
No it hasn't.

June 2011 (end of FY)
$329 million

June 2016 (end of FY)
$376 million
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It these are the right numbers what in the world have they been doing? How is anyone connected to the investments employed?
 
Padutch5 said:
The fact is, we may not know who they are, but there enough highly successful UCONN graduates that buying our Diaco can be done.
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Not sure what you are trying to say here?
 
gtcam said:
agreed it was a huge accomplishment
BUT if he wan't a Mich alum - would he have even gotten a sniff?
Expand ...
Da_Aisijimo_Gou said:
Given the sports world does not operate in a Storrs and Connecticut National Flag and White shaded prism, and based on Manuel's established professional success and extremely high respect in Ann Arbor followed by university sports-industry success and development with Buffalo and UConn alike, yes, highly likely. Clearly, Michigan looked at much more than just Manuel's alma mater.
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You are kidding, right? At best he's a mediocre AD and arguably below average. He made no major transformations, and missed the boat on CR at a critical moment. So, how does a guy with short, nonimpactful ride at UConn and a previous run at a second rate nondescript university, make it to one of the premier AD positions in the country? What other factors could there be?
 
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