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caveman99

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Posts posted by caveman99

  1. 2 hours ago, Madcows said:

     

    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.

    Great overview and it is pretty sound. A lot of similarities to how big companies treat CapEx so it made sense to me.

    • Plus1 3
  2. Pretty good overall. If they can get Clark and Timmerman going, that is a REALLY deep staff. Something they didn’t have last year and should lead to a much better mid-week record as a result.

  3. The only negative tonight was the 2nd straight poor outing by Timmerman. The young man has electric stuff, but he is struggling to miss bats right now. The coaches may have to reshuffle who they want in late game bullpen roles until Timmerman figures it out.

  4. 10 hours ago, HANC said:

    I thought the imo tonight was squeezing both starters for most of the game. I missed the 7-8 innings 

    The zone was pretty tight yesterday, both teams had several instances where they wanted to throw it around the horn or walk to the dugout only have the home plate ump call a ball. I do think the ump was consistent and equally tough to both teams however. I am wondering if there is an emphasis being made to remove the 2-4” off the plate strike that has been pretty common in the college game until recently. Used to bother me that so many pitches hitters are taught to lay off were called strikes in the past, but the trade off for tighter zones is higher pitch counts and more arm injuries, which is worse than more batters getting punched out at bad strike calls.

  5. 11 hours ago, SWIHusker said:

    How pissed is my wife gonna be when she realizes I keep saying I can’t wait for July…..

     

    she assumes I’m speaking of our new baby being born…..naaaahhhhhh. This game release! :D

    As an experienced Dad, I suggest you figure out how to hold the PS5 controller with a baby in your arms for those late night feedings/sleep duty sessions.

    • Haha 1
  6. 10 hours ago, HuskersNC949597 said:

    Little o' both?

     

    Fun game. Always nice to drop a deuce like that on an opponent's head in their own house. Um, metaphorically speaking.

    Huskers are definitely better than many thought. The arms are better and deeper, which the coaches and some media were saying, but I have been pleasantly surprised by the depth and balance in the bats. Should be a fun year.

  7. On 2/15/2024 at 1:10 PM, Red Five said:

     

    I can just see how a private equity firm would run a CFB program.  They'll be mandating they they only have 7 assistant coaches to save money.  "Why do you need an offensive and defensive coordinator?  That seems redundant.  Let’s just have one coordinator and he can call both the O and the D."

    If FSU is smart, I know that is a big if, it would be limited in scope, the PE group might have ownership of the licensing operations for instance. As the article points out, this has been done successfully with minor league baseball teams in recent past.

  8. On 1/31/2024 at 4:01 PM, Hilltop said:

    Bad injury in October- isn't sure if he wants to come back for final year.  Supposedly still undecided. 

    I have never been a fan- he was lazy in high school for a good % of plays each game.  He just never seemed like he had the drive to me.    

    Apparently the team disagrees with you since he was voted as a single digit number guy. Rhule also has always spoken very highly of Piper, you don’t invite a players Mom to Jin a pre-game speech if you don’t think a lot about the player himself.

    • Oh Yeah! 1
    • TBH 2
  9. 48 minutes ago, BigRedBuster said:

    I wonder what their explanation is as to why the transfer rules are bad and no problem with contracts in other pro sports that prohibit players from changing teams. 

    The 2nd tweet explains why, in pro sports the rules are collectively bargained between the players and owners and thus not covered by anti-trust laws. 

    • Plus1 1
    • Haha 1
    • TBH 2
  10. On 1/4/2024 at 10:40 AM, BigRedBuster said:

     

    Hmmm.....I guess I would have thought he would basically already be here to enroll and start classes.

    He’s throwing the bones! Proof that he is switching positions to LB! What is he at that position, a 4 star? It’s Baker S. all over again…..,….

    6 hours ago, Red Five said:

    Looks like Nash is wrestling this weekend

     

     

    So Nash is on Ozempic?

    • Haha 2
    • Oh Yeah! 1
  11. 10 hours ago, broganreynik said:

    I don't know why anyone would want to buy a #15 jersey when he will likely end up with a single digit number.

    Ehhhh, it isn’t guaranteed he earns a single digit number this season. There are an awful lot of elder players who have a ton of respect in that locker room. 

    • TBH 1
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