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1970 days of Brad Edwards

Discussion in 'George Mason Basketball' started by Herndon, Aug 9, 2016.

  1. Pablo

    Pablo Hall of Famer

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    https://www.espn.com/college-sports...-state-coaches-athletics-staff-take-furloughs:

    "Boise State University, which is already facing $10 million in losses because of a partial shutdown caused by the coronavirus pandemic, is furloughing many of its employees, including coaches and athletics staff.

    Boise State president Marlene Tromp announced the furloughs in an email to staff on Monday night.

    'I hope our swift action now can help us avoid what could be more grave action later and provide for the long-term well-being of both our community and the institution,' Tromp wrote in the email, which was obtained by the Idaho Statesman.

    The university said 12-month employees earning more than $40,000 per year are required to take furloughs between May 3 and July 31. The highest-paid employees making more than $150,000 annually will have to take 10-day furloughs.

    Broncos football coach Bryan Harsin, who earns $1.65 million in base salary, will forfeit about $63,000. Most of his assistant coaches are also subject to the 10-day requirement, along with men's basketball coach Leon Rice and women's basketball coach Gordy Presnell.

    Rice's base salary for 2019 was $705,292, and Presnell's was $242,128.

    'I don't think it's going to be an unusual step as the days pass,' Mountain West Conference commissioner Craig Thompson told ESPN on Tuesday. 'Every day there's a different institution announcing a salary cut and those keep mounting.'"
  2. Five Two

    Five Two All-Conference

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    Smart by the NCAA to not allow I-A schools to drop below the required minimum of 16 sports being offered:
    https://apnews.com/d027100d06715e95e6555a40e10c8320
    Once that train leaves the station, there is no coming back.

    While I think its crazy that any school offer more than the minimum required, I do think its important that there is a minimum.
  3. GMUgemini

    GMUgemini Hall of Famer

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    I mean if you’re a school like Penn State and you had more money than god, why wouldn’t you? I mean especially since they have “revenue” sports outside of football and basketball right now.
  4. Pablo

    Pablo Hall of Famer

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    As difficult as this situation is for some P5 schools, it's likely much more serious for Group of Five conference schools. How would you like to be an AD at a CUSA school now? ODU is dropping its wrestling program, which is much more successful than Mason's.
    Last edited: Apr 25, 2020
  5. GMUgemini

    GMUgemini Hall of Famer

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    Absolutely, the FBS conferences outside of the Big Five are going to be in serious financial trouble. All of the "Mason should have football" conversations we have had -- we should count ourselves lucky we didn't jump into that cauldron right now.
    gmujim92 and Walter like this.
  6. Walter

    Walter All-American

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    I wouldn't be surprised if that mythical regional football conference JMU fans have been dreaming about for ten years finally hsppens. It would increase butts in the seats and reduce travel.

    All these G5 schools are finally realizing they are always going to be confined to a second class, low rent conference without natural rivalries. And they are bleeding money. Time to think different.

    Coronovirus will force a major change in sports. Some athletics programs will not survive. Some colleges won't.
    Patriot8 likes this.
  7. Patriot8

    Patriot8 Starter

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    Another reason why JMU has been smart to stay where they are, and not overextend the way ODU did.
    Walter, GMUgemini and gmujim92 like this.
  8. KAOriginal

    KAOriginal All-Conference

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    So..what's the over/under on a 15 year gap between NCAA appearances for us?

    We're going to be at 10 this year. I doubt Paulsen gets us in.....but he will be kept with multiple 17/18 win seasons. And then his successor will have to work on getting us there.

    Hell it could be 20....
    DJ3 likes this.
  9. FreeGunston12

    FreeGunston12 Starter

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    I'm going to play best case scenario here:

    There will be a season. AJ will be a top forward in the conference next year. DP will let Javon unleash his mean streak, and he will find the consistency to be among the top scoring guards in the A10. Oduro will develop physically. Greg will use the drive and urgency of his senior year to push Oduro for the starting role. Miller, Boyd, Hartwell, XJ will be the solid role players that they've been in the past. Polite will look like a day 1 starter. Kolek will provide some scoring off the bench. Henry, Daddy, and O3 will provide some athleticism to bother and run the other team ragged while our starters get a breather.

    The streak ends and we go dancing. 100%.
    mkaufman1 likes this.
  10. mkaufman1

    mkaufman1 Moderator Staff Member

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    I sincerely hope this happens, and I’d be happy to help lead the celebration on here haha.
  11. gmujim92

    gmujim92 Hall of Famer

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    Absolute best-case scenario is AJ blows up into an Obi-style alpha dog and allows our other guys to settle nicely into complementary roles where they aren’t asked to do stuff outside their skill sets.If that happens, good results will follow because we have talent on this team.

    Certainly not predicting we’re gonna go 18-0 in the league next season, but nobody saw that kind of explosion from Dayton, either. Teams come out of nowhere sometimes.
    Walter likes this.
  12. Pablo

    Pablo Hall of Famer

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    https://www.washingtonpost.com/sports/2020/04/21/ncaa-saved-money-case-canceled-march-madness-then-it-spent-it:

    "The NCAA saved money in case of a canceled March Madness. Then it spent it.

    One month after the novel coronavirus pandemic forced the cancellation of the lucrative NCAA men’s basketball tournament, officials at athletic departments and college sports conferences across the country remain puzzled by one question: Why wasn’t the NCAA better prepared for this?

    While the men’s tournament generates more than $800 million every year — more than 70 percent of the NCAA’s $1.1 billion in annual revenue, most of which flows to dozens of conferences and hundreds of colleges and universities across the country — the NCAA’s event cancellation insurance policy for the tournament covered just $270 million, the association revealed a few weeks ago.

    As a result, a typical $600 million NCAA payout to conferences and schools was reduced to $225 million this year, the first coronavirus-related budgetary hit that has conferences and athletic departments imposing pay cuts and examining other cost-cutting measures."

    "But according to several former NCAA employees, the organization was much better prepared for a canceled tournament several years ago, when it built up savings of nearly $500 million to help mitigate the financial impact of a lost tournament. Then, in 2015, new leadership decided to spend more than $400 million of those savings without increasing the NCAA’s insurance coverage by following a questionable theory about the risk of saving that much money."



  13. tblack33

    tblack33 Starter

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    How is a non profit allowed to build up a savings of half a billion dollars? I legitimately don’t understand, I thought they weren’t allowed to carry over that money year to year.
    DJ3 and gmujim92 like this.
  14. GMUgemini

    GMUgemini Hall of Famer

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    Just like congress allows the major sports leagues to operate as monopolies, I’m sure there is a carve out for the NCAA to do things other non-profits can’t.
  15. KAOriginal

    KAOriginal All-Conference

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    Im sure there's a CPA on here.....but non profits are supposed to be able to carry over money as a reserve and build that up or for future operations.

    To qualify as a non profit---one of the key factors is that it is not operated for and profits from operations cannot be used for private or individual interest. So board members, etc don't get bonuses due to profits, etc.

    Which means..the NCAA, Goodwill, NFL etc operate to the benefit of many. The "profit" after operations can stay in a reserve fund for future operations and projects.

    The other good thing is...once a organization has great cash flow like an NFL.....salaries, expenses, etc can be what they organization seems as reasonable. So you can see why the local thrift shop has people working for free...and the NFL uses private jets to get personnel around.
    Last edited: Apr 26, 2020
    gmujim92 and tblack33 like this.
  16. Pablo

    Pablo Hall of Famer

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    Good explanation - however the NFL voluntarily gave up its tax-exempt status in 2015 - https://time.com/3839164/nfl-tax-exempt-status/:

    "BY SEAN GREGORY
    APRIL 28, 2015 5:26 PM EDT

    The NFL announced Tuesday that it’s voluntarily relinquishing its tax-exempt status. Here’s what you need to know about the move.

    Why in the world would the NFL volunteer to pay taxes?

    Basically, the economic value of the exemption wasn’t worth the political and PR headaches that it created. In a memo to the league’s teams and members of Congress, NFL commissioner Roger Goodell called the tax-exemption a 'distraction,' and said it has 'been mischaracterized repeatedly in recent years.'”
    gmujim92 likes this.
  17. Five Two

    Five Two All-Conference

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    What did they spend it on?
  18. Pablo

    Pablo Hall of Famer

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    https://www.washingtonpost.com/spor...case-canceled-march-madness-then-it-spent-it/:

    "In 2016, the NCAA started getting rid of its savings. First, its board of governors approved a $200 million “special one-time distribution” to Division I athletic departments to be used for programs benefiting college athletes.

    In 2017, the NCAA settled one of its class-action cases for $208.7 million. And while the NCAA was only one of 12 defendants in that case, along with 11 major conferences, it agreed to cover the entire settlement."
    Five Two likes this.
  19. KAOriginal

    KAOriginal All-Conference

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    I didn't realize they had done...but certainly see why. And even as pro business fan, I found that status to be highly questionable and not reasonable.

    But I am sure their expense line is pretty generous now.
  20. Patriot8

    Patriot8 Starter

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    @sleeperpick why are you harassing Brad about corporate partnerships on Twitter lol.

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