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Showing content with the highest reputation on 03/23/2024 in all areas

  1. https://journalstar.com/news/local/education/husker-athletic-department-to-provide-5-million-in-scholarships-to-nonathletes/article_d55a4276-b344-566f-bdaa-672dc8de9a99.html This is old but took me all of ten seconds to find.
    6 points
  2. True. But one is a threat to our country. The other one isn’t. They are not the same.
    5 points
  3. Too bad. We're lucky to have someone who actually knows their s#!t to counter the gut feelings of less informed posters. Given that he'd already provided multiple dumbed down versions that some folks didn't trust, he really had no choice. Not sure a few paragraph breaks would have won you over. Appreciate the effort Madcows.
    5 points
  4. I thought it was a good read.
    5 points
  5. Oh...OK, there it is, I found the disconnect. It's you. While you're "pretty sure this isn't the case", I do the work, and know it's the case. So Mav, can I call you Mav? Anyway, so Mav, I work in finance at a major university. I have friends who work in finance at major universities. Locally, I have friends who work at UNO, Creighton, UNL, Chadron and College of St Mary's, I correspond on a regular basis with finance people at other universities both in state and out of state. I have friends that work on the academic side, I have friends who work on the athletics side. I have worked on both sides. I have worked in audit at a major university, where part of my job was going to departments making sure the accounting practices they were doing in said department followed GAAP and university guidelines (you'd be shocked at some of the "creative accounting" athletics and development will do to provide tax benefits to major donors) so when all departments are rolled up to Treasury to finalize our reports, there are no accounting anomalies between departments that need to be corrected. Our annual NCAA audit is a stickler for accounting irregularities within the athletic department. The main commonality between all these different schools, whether the athletic department is in the black, the red, or relatively breaking, even was how capital projects were funded. While each university will have it's own naming formats, we all do it the same. There's this crazy account and budget for each school that is some derivative of "Capital Projects". Projects that are just too big for the department to handle, ie new dorms, new chem labs, upgrades to infrastructure (think repaving parking lots, upgrading HVACs, expanding buildings etc). The funds for this budget come from various sources, donations, state funds, fundraising events, and a portion of net profits from the university. Individual departments will submit proposals annually for capital projects, these are then reviewed by the board. Some are given a green light, some a yellow and others a red. Within green and yellow, they are then prioritized. With every proposal, each department will project how much they will fundraise to help mitigate the total estimate. Athletics will follow these same principals, even the ones who are in the black. That's because regardless of the net revenue/loss in athletics, they do not have capital projects in their annual budgets. This is because there's a whole different department that has that budget (that crazy Capital Projects department). So, when UNL announced major capital improvements to Memorial Stadium, it had already had a proposal done, with estimates of cost and fundraising goals, gone through the approval process, given a green light and allowed to proceed. Athletics will help fund the project, but they do not, and more importantly CANNOT, fund the project entirely. Now when funds to the university as a whole are reduced, one of the first areas that will be impacted will be the Capital Projects budget, as usually those are not priority needs for the university to run day-to-day operations. Hopefully, you can see where this is going...but I'll try to dumb it down for you and the board. Mav, when capital funding budget is decreased, I want you to take a wild guess on what that means for current capital projects? Yes, you are correct, those capital projects now have less funds available. Good work using your deductive skills. To counteract that, the project has to be modified to fit within the new budget, or the project department will have to make up the difference in fundraising. In some rare cases, the department will request a temporary allocation of their annual budget to the capital budget. Doing so usually means a reduction in overhead within said department. The biggest overhead that can be reduced is staff, hence why it doesn't happen often. Now follow along with me Mav on a fun little ride, when the governor reduced funds to UNL (based on what we've learned above) what do you think happened to their stadium upgrade capital project? Correct!! The project now has less funds available. While it's nice that UNL Athletics operates in the black, it will give them a little bit of wiggle room for some shortfalls, that net revenue in no way covers the new variance within the project. This gives athletics a few options, either go back to the people that have committed above and beyond their normal donations to UNL, to help fund this capital project and ask for even more money or modify the current project to fit within the new budget. One thing I know (notice here how I didn't say pretty sure?) about UNL Athletics is they will not request a temporary allocation of their budget to the capital project. That's just not what they do. All of this is still a dumbed down version of what the finance team will do, and this team will be on both the academic side and the athletic side, all rolling up under Treasury. The one take away I want you to understand Mav, athletics is not covering this project 100%, and (I can't emphasize this part enough) would never be able to do it on their own, the university handles this project. And while you're "pretty sure that's not how this works", I can emphatically tell you, you are wrong, and it is how this works.
    5 points
  6. You forgot to say "thanks for sharing your expertise. I'll take that into consideration."
    4 points
  7. This was an excellent post. For those of you that didn't read because of paragraphs, give it another shot! I added some spots for "brain breaks" Thanks for sharing @Madcows
    3 points
  8. We have 5 AA's this year.
    3 points
  9. Paragraphs are your friend.
    3 points
  10. it will not be an armed coup. they plan on using the courts and MAGA AGs and a republican congress to hand it to trump (i think that is why some republicans are "retiring_ early....they don't want to get their arms twisted for that cause). i wouldn't rule out rogue MAGAS doing something stupid but that wouldn't to too organized IMO.
    2 points
  11. I gotta think it would have been cheaper to use something other than giant Legos.
    2 points
  12. i believe he doesn't want to be part of what the MAGA/Republicans have planned if trump loses the election. i don't think they care if trump wins or loses the election...they have plans to overthrow a biden win and any republican that doesn't go with it will be labeled a traitor by MAGA and made a target. .
    2 points
  13. I was just going to do this but my contractor stopped over and I had to let them in.
    2 points
  14. Then he just a quit on his constituents that faithfully elected him assuming he could fulfill a mere two year duty while getting paid handsomely and leave with a massive campaign war chest? How brave of him
    2 points
  15. Kind of crazy to be disappointed when we had five All-Americans, but it does feel like the guys fell short of their potential in most cases. Lots of young guys got some good experience this year so the future still looks bright.
    2 points
  16. So do we think we see a scaled down south stadium project then? Hope some new vision comes out soon. Need to keep momentum rolling Can't remember what reporter put out these pictures when Trev was leaving.
    2 points
  17. I was around some friends yesterday that are all Republican. The subject of the Board Of Regents president search came up and how Pillen tried to pressure them towards a candidate. Everyone said they are not fans of Pillen. I was very surprised.
    2 points
  18. I think we can we all agree that the $450M stadium modernization project that was outlined by Trev won't be happening as planned (either in cost or timeline)?
    2 points
  19. Inexcusable decision by Lovett there. I have no idea what he was thinking. I didn't see the CKLV match so I'm not sure if Henson just rode him but damn man if you choose top you basically have to turn him or ride him for the whole 2 minutes otherwise you're going to OT. No idea why the coaches urged Smith to take the bottom position against Barnett especially since Smith secured the 1st TD. Just dumb! Give your guy a fighting chance. Bummed about Pinto. He's a live by the sword die by the sword guy and we've seen him put himself into weird situations all year but he's always usually able to muscle out. Didn't work this time and he still almost came back. I predicted 5 AAs initially so I'm feeling a little smart but man, Nebraska is 2 dumb decisions away from 6 AAs and sitting in 3rd right now. Feels weird.
    2 points
  20. 2 points
  21. Really good question that deserves an answer for his donors. Also, if you run for office and the r term is only two years, unless you have a family emergency, is it really too much to ask to finish the term??
    2 points
  22. I think the hybrid model is a great compromise to the eventual transition to some version of all non ICE vehicles in the not so near future.
    2 points
  23. Again, Donald Trump and his father were defrauding New York State and others by hundreds of millions of dollars long before Don ran for President. It may indeed be a political witch hunt at this point, but that doesn't alter the fact that it's long overdue.
    2 points
  24. For me, re: the bolded, it's the general temperature across all social media conversation but also specifically influenced by SSO's blog (whoever he is he's proven over the years to be very well informed). I know the things he's talking about here aren't exactly the conversation we're having right now in relation to Pillen and budget cuts, but its part of the general conversation: https://herbieshangout.com/2024/03/14/the-departure-of-trev-alberts/ https://herbieshangout.com/2023/12/22/nebraska-and-the-collective/
    2 points
  25. Sure, with that project. But, reducing funding for the academic side of the University because you didn’t get your guy is a d!(k move and should be remembered when voting.
    2 points
  26. I NEVER agree with this guy. But, there is a first time for everything
    1 point
  27. My daughter and her husband own a Tesla and live in Atlanta it’s strictly a commenting car for them and saves them a ton of money. But, I don’t think they will buy another one. They definitely won’t only own teslas. There is certain situations where the ICE vehicle is needed. When we bought our new car left year, we thought about the PHEV. But, went with the non plug in version and are very happy. EV manufacturers have to advance the battery tech for longer distance in a charge and faster charges. My son in law commutes about an hour each way in heavy traffic. They are great for that.
    1 point
  28. Lovett looks like he's given up at this point.
    1 point
  29. I think we have to be a little bit honest, too, in the quality of players, that we actually have. This was a pretty hodgepodge group of guys, and they came together in about the best way you could hope for them to. But at the end of the day, these are a bunch of players, that no other country in the country really wanted, especially as the main pieces to try to build a successful team. We can talk about mentality and confidence being part of the problem, but it’s hard to have confidence when you know at the end of the day you’re not an all-star level player and the chances that the team around you is going to show up consistently at a high level is very low as well.
    1 point
  30. More details here than the NYT.
    1 point
  31. the russian FSB is amazing. they have sifted through all the evidence and caught all 11 of the attackers alive and blamed Ukraine for the attack. ISIS is wondering what they have to do to get noticed. lol
    1 point
  32. Pinto just screwed himself out of being an AA.
    1 point
  33. You usually get more free throws when you attack the basket and they have been getting downhill all game with no resistance.
    1 point
  34. Having the option of Joe or DJT is pathetic vs what we could have had as choices.
    1 point
  35. Agnostics pray all the time! "God Dammit, make this f#&%ing field goal" That is a prayer!
    1 point
  36. The vast vast majority could mean 80% for Joe 85%, 90% 95%. All those numbers equate to vast vast majority. And if he only got even 95% of his votes that could spell disaster for him, especially if Hispanics break hard for DJT and make that voting bloc closer to 50/50.
    1 point
  37. Wtf kinda BS policy is that? I say you wear the big corn head too!
    1 point
  38. Not sure about the specific assertion from Madcows post, but I think it was a more indirect problem in that reducing funds to the university all of the sudden meant that the athletic department was competing with the school for donation dollars from the same pools of donors who A. don't have unlimited vaults of gold and B. were confused on what things they should and shouldn't be donating to.
    1 point
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