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UConn Athletics
UConn Men's Basketball Forum
Caron Butler on how former players view UConn
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[QUOTE="CL82, post: 3400465, member: 44"] Wow, this was sticking in your craw a while [chuckle]. Sigh, where to begin. Let's start with Q&A: 1) Do you understand the difference between a single department operating at deficit and an institution being insolvent? If so what it is? (Because your posts sure seem like you don't.) 2) Do you believe that the athletic department making $42M less (arguably) than it earned means that it didn't pay expenses after they exceeded earnings? 3) If you do believe that UConn paid the excess of stated expenses over stated income, where do you think that money came from given that you've stated that UConn couldn't afford to pay $10M? 4) Have you ever read the UConn financial statements? In 2018 they had a $80M positive net change in position. To be fair, though, that is only one year and it is a dramatic change from 2017. In 2017 (restated) they had a positive net change $1.243B. But they say a picture is worth a 1000 words so let's try that: [ATTACH type="full"]49976[/ATTACH] UConn is $4.6B entity with over $2B in cash and cash equivalents. To say that that it couldn't afford to pay Ollie is, at best, woefully uninformed and at worst willfully disingenuous. [/QUOTE]
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Caron Butler on how former players view UConn
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