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Post by Recent grad on May 20, 2019 20:22:22 GMT -5
From a simplistic viewpoint, you're correct. Now from a business perspective: Increase fund raising revenues three-fold, significantly more than scholarship cost increases. Now, other revenue lines formally used for scholarships are freed up to spend elsewhere. I may not know a lot, but WCU College of Business did teach me a few things. This is easy math. Well, I'm a simple man, so I look at things simply. I do know that all funds raised by the Catamount Club go to scholarships. If what FLcat has stated many times is correct, as the scholarship $$$ increase to the Catamount Club, the athletic budget funds formally used for scholarship funding by the university, is diverted for other uses. I also know that scholarships increased by a total of 33 with the advent of NC Promise. I also know the Catamount Club raised a little over $1 and a half million for scholarships, BUT the total cost of scholarships at WCU is in excess of $3 million. So now tell me what funds were freed up that were formally used for scholarship that could now go into the budget? I may not know lot, but the WCU college of bussiness owes you a refund on that "easy math". OK, math 101 Scholarship budget, say $3M Catamount Club, say $500K Student fees, ticket revenue, corporate money, say $2.5M $3M = $3M Scholarships, $3M Catamount Club, $1.5M Student fees, ticket revenue, corporate sponsorship $1.5M $3M = $3M Oops,an extra MILLION DOLLARS left over from Student fees, ticket revenues, corporate sponsorship. Maybe you should have gotten a degree that helped with critical thinking!
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Post by Lets be realistic on May 20, 2019 20:27:59 GMT -5
Well, I'm a simple man, so I look at things simply. I do know that all funds raised by the Catamount Club go to scholarships. If what FLcat has stated many times is correct, as the scholarship $$$ increase to the Catamount Club, the athletic budget funds formally used for scholarship funding by the university, is diverted for other uses. I also know that scholarships increased by a total of 33 with the advent of NC Promise. I also know the Catamount Club raised a little over $1 and a half million for scholarships, BUT the total cost of scholarships at WCU is in excess of $3 million. So now tell me what funds were freed up that were formally used for scholarship that could now go into the budget? I may not know lot, but the WCU college of bussiness owes you a refund on that "easy math". OK, math 101 Scholarship budget, say $3M Catamount Club, say $500K Student fees, ticket revenue, corporate money, say $2.5M $3M = $3M Scholarships, $3M Catamount Club, $1.5M Student fees, ticket revenue, corporate sponsorship $1.5M $3M = $3M Oops,an extra MILLION DOLLARS left over from Student fees, ticket revenues, corporate sponsorship. Maybe you should have gotten a degree that helped with critical thinking! Nice "made up: numbers you used as an example, too bad those aren't the real budget numbers for athletics. Anyone can make up numbers to fit their theory, try using the actual budget numbers and show us how they come out. Did they teach you to make up numbers in business school? I hope you aren't someone's accountant.
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Post by Recent grad on May 20, 2019 20:47:14 GMT -5
OK, math 101 Scholarship budget, say $3M Catamount Club, say $500K Student fees, ticket revenue, corporate money, say $2.5M $3M = $3M Scholarships, $3M Catamount Club, $1.5M Student fees, ticket revenue, corporate sponsorship $1.5M $3M = $3M Oops,an extra MILLION DOLLARS left over from Student fees, ticket revenues, corporate sponsorship. Maybe you should have gotten a degree that helped with critical thinking! Nice "made up: numbers you used as an example, too bad those aren't the real budget numbers for athletics. Anyone can make up numbers to fit their theory, try using the actual budget numbers and show us how they come out. Did they teach you to make up numbers in business school? I hope you aren't someone's accountant. No, I was taught to do research and find truth before expounding my erroneous opinions. A little research (EADA reports and Google search) shows WCU Athletics spent $3,389,647 on scholarships in 17-18, the year prior to NC Promise. A little more searching showed the Catamount Club raised $525,000 in 2011-2012, and $1.55 million last year. Yeah, I'm the one making stuff up. Please, do you homework before showing your ignorance again.
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Post by FLCATAMOUNT on May 20, 2019 20:49:16 GMT -5
The extra money is coming from NC Promise plain and simple and yes it is easy to verify. Randy would love for you to believe that he did something miraculous to get more funding, but the administration is not kicking in more and Randy does not have a money tree. The only thing that has changed in the last couple of years is the NC Promise. If anyone tells you there are x amount of dollars ask them specifically where the money is coming from. Common sense tells you that our money goes further because of NC Promise. Randy and his reports did nothing to get more funds. If so, where are these magical dollars coming from? Get them to give you specifics with real numbers and post them here. Randy wants everybody to believe that he alone has done something to increase scholarship dollars and that is just not true. It is all NC Promise. It’s budget increase not scholarships There is no budget increase. If there is, please post the budget before and after the said increase. NC Promise makes our dollars go farther. If you have the facts, please post specifics. There has been no budget increase for athletics.
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Post by Lets be realistic on May 20, 2019 21:08:20 GMT -5
Nice "made up: numbers you used as an example, too bad those aren't the real budget numbers for athletics. Anyone can make up numbers to fit their theory, try using the actual budget numbers and show us how they come out. Did they teach you to make up numbers in business school? I hope you aren't someone's accountant. No, I was taught to do research and find truth before expounding my erroneous opinions. A little research (EADA reports and Google search) shows WCU Athletics spent $3,389,647 on scholarships in 17-18, the year prior to NC Promise. A little more searching showed the Catamount Club raised $525,000 in 2011-2012, and $1.55 million last year. Yeah, I'm the one making stuff up. Please, do you homework before showing your ignorance again. You weren't taught very well. I NEVER said the Catamount Club's fund raising has not increased over the years. What I said, was the increased fundraising went to scholarships. The roughly $1million increase from 2011 to 2018 did not increase the overall athletic budget however, for a reason. That's what folks like FLCat are pissed off about. If that $1 million dollars additional dollars the university used to put in the budget, still went into the athletic budget, the athletic budget would now be $1 million larger than it is. I certainly understand the principle that as the Catamount Club dollars increases, the overall budget "could" increase, and we would all be happy if that were the case. However, when the folks in the white building reduce the universities' contribution by a like amount of the increased Catamount Club donations, the athletic budget overall does not increase, but remains flat. Capeesh?
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Post by wcu32 on May 21, 2019 14:57:35 GMT -5
It’s budget increase not scholarships There is no budget increase. If there is, please post the budget before and after the said increase. NC Promise makes our dollars go farther. If you have the facts, please post specifics. There has been no budget increase for athletics. Travel budget more than doubled and recruiting budget more than doubled. Didn’t get my exact numbers I have confirmed but did get it confirmed because they just knew that budgets for all did get increased. And I have good sources so believe me or not I don’t care just stating what I was told
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Post by Recent grad on May 22, 2019 12:46:16 GMT -5
No, I was taught to do research and find truth before expounding my erroneous opinions. A little research (EADA reports and Google search) shows WCU Athletics spent $3,389,647 on scholarships in 17-18, the year prior to NC Promise. A little more searching showed the Catamount Club raised $525,000 in 2011-2012, and $1.55 million last year. Yeah, I'm the one making stuff up. Please, do you homework before showing your ignorance again. You weren't taught very well. I NEVER said the Catamount Club's fund raising has not increased over the years. What I said, was the increased fundraising went to scholarships. The roughly $1million increase from 2011 to 2018 did not increase the overall athletic budget however, for a reason. That's what folks like FLCat are pissed off about. If that $1 million dollars additional dollars the university used to put in the budget, still went into the athletic budget, the athletic budget would now be $1 million larger than it is. I certainly understand the principle that as the Catamount Club dollars increases, the overall budget "could" increase, and we would all be happy if that were the case. However, when the folks in the white building reduce the universities' contribution by a like amount of the increased Catamount Club donations, the athletic budget overall does not increase, but remains flat. Capeesh? Swing and a miss! Pick up the phone and speak with someone in Athletics. Since 2011-2012 until this year, 2018-2019, budget has grown from $8.3 million to $13.1 million. That's not growth?
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Post by WaitTillNextYear on May 22, 2019 13:29:49 GMT -5
I believe most of you are missing the point. regardless of operating budget, a few things HAVE to happen to be successful.
1. Coaching staff with vision to lead program back to consistent success 2. Facilities that do not resemble an area high school 3. Athletic Dept that wont get in the way of progress (should be pushing progress, but ill take anything at this point)
take the time to look at the facilities of the below programs... do we actually expect to be able to compete with these? give me a break, where would you rather play?
College Of Charleston Coastal Carolina ETSU Wofford Mercer UNC G APP ST Georgia Southern Winthrop Gardner Webb High Point
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Post by Hit 400 on May 24, 2019 6:59:02 GMT -5
Bob cares about 1 person! It's alabout him! He can't teach and sure can't coach!Brags about everything he thinks he has done! I've seen him take players out when they had 2 strikes on them and put someone else in! Showing the player up! The icing though was the Socon 2019! Pitchers throws 130 pitches on Tuesday then throws again on Thursday morning! Fire Him immediately!
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Post by buck on May 24, 2019 12:04:31 GMT -5
It's time!
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