My Warde Take

[whaler11]

The entire financial model of higher education is fundamentally broken. Athletics, while something shiny to look at are a pimple on the ass of the elephant.

Amen.

 

[J187Money]

I would add this:

I went to Columbia for my MBA. I give them almost nothing. One of the reasons is out of sight / out of mind. If I was on campus for FB/BB games all of the time, there is no question that I would give more money to the school. I can honestly say that money that I give to the Accounting Department at UCONN is directly related to the level of involvement I have with UCONN, which in a large part is centered around athletics.

 

[Kgun7]

I would add this:

I went to Columbia for my MBA. I give them almost nothing. One of the reasons is out of sight / out of mind. If I was on campus for FB/BB games all of the time, there is no question that I would give more money to the school. I can honestly say that money that I give to the Accounting Department at UCONN is directly related to the level of involvement I have with UCONN, which in a large part is centered around athletics.

I agree 100%! I've never given a penny to RIT ... although I was very proud of the frozen four bid! My money ends up at UCONN because I watched Earl Kelly pour in 35 points against Holy Cross at the field house in 1983. And I've been hooked ever since ...

 

[Chief00]

Quite frankly, I haven't had time to really dig into the numbers and peel off the accounting gimmicks that are systematic of CT govt - and I agree some subsidy is not a deal breaker - but the magnitude at first degree is sobering and a red flag that it's not sustainable especially once the one time benefits from BE exit fees are excluded.
While I have seen improvement with AD marketing and a willingness to try new approaches - until I see less empty seats - my praise is restrained - in the business World their compensation would be tied to such metrics.

 

[Chief00]

I agree 100%! I've never given a penny to RIT ... although I was very proud of the frozen four bid! My money ends up at UCONN because I watched Earl Kelly pour in 35 points against Holy Cross at the field house in 1983. And I've been hooked ever since ...

I heard last weekend Earl can actually still play a little for an old guy.

 

[J187Money]

Quite frankly, I haven't had time to really dig into the numbers and peel off the accounting gimmicks that are systematic of CT govt - and I agree some subsidy is not a deal breaker - but the magnitude at first degree is sobering and a red flag that it's not sustainable especially once the one time benefits from BE exit fees are excluded.
While I have seen improvement with AD marketing and a willingness to try new approaches - until I see less empty seats - my praise is restrained - in the business World their compensation would be tied to such metrics.

Let's be clear. I'm not praising Warde. I'm also not blaming him for a situation that he didn't create.

BTW - I don't know what you do for a living but that's a pretty naive assumption as to how he would get measured in the business world. You'd be surprised how comp plans are structured.

 

[junglehusky]

...in the business World their compensation would be tied to such metrics.

Yeah....

Right...

 

[Jimmy Serrano]

Since Chief made us all wait overnight with baited breath for his hot take, he's done nothing but back pedal when challenged.

#chiefsbriefs

#11:11