Go easy SD . . . . DocStalkSmith who hasn't had an original thought in his entire sad little life, is just taking cues from BigJkutard and the rest of the geek squad in Tardville.
Meanwhile . . . ku athletics is . . . $55 million dollars in debt, and can get no better than an A2 rating on its bonds (really not that great for an organization that according to BigJkutard has massive cash flow . . . but just barely manages to stay in its budget according to their Assistant AD when he explained why the ku athletic department couldn't pick up the tab for faculty/staff discounts), A2 is 6th place in the investment grade hierarchy, meanwhile other state entities range from Aaa to A1.
But, but, but BigJkutard has tried to explain that all away because of their asset to debt ratio, yet, I would be willing to bet that K-State IAC is not showing Assets that are in restricted accounts held by the KSU Foundation for KSU IAC (At least $15 million dollars), because well, they are actually assets of the KSU Foundation, not of K-State athletics (sigh how many times do I have to say this). Plus dollar to donuts says that moneys that ku athletics is showing as revenue will be placed in restricted accounts in some point in the future . . . thus the massive difference between total revenues and what Lew's little lapdog says is ku's actual athletic budget . . . a significant portion of that revenue is actually restricted giving. (again, how many times do I have to say this).
