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TITLETOWN - A Decade Long Celebration Of The Greatest Achievement In College Athletics History => Kansas State Basketball is hard => Topic started by: steve dave on April 02, 2010, 02:10:05 PM

Title: Perkins In Panic Mode
Post by: steve dave on April 02, 2010, 02:10:05 PM
Quote
"It just says the economy sucks out there," says athletics director Lew Perkins of Kansas, where expenses outpaced revenue for the first time since 1988, according to the department. Athletic departments are "spending what they have to. What's happened is the revenues, because of the economy, are going one way and our expenditures — travel, all those kinds of things — are going up and up and up. Tuition goes up. You have no control over it."

But Perkins acknowledges having control over what KU pays coaches, and its highest-paid by far is men's basketball's Bill Self. In 2007, Self was guaranteed $1.6 million. That season, the Jayhawks were a No. 1 seed in the NCAA tournament and advanced to the round of eight. In 2008, they won the national title as Self's alma mater — rival Oklahoma State — was looking for a new coach. He spurned Oklahoma State, and KU responded with a new deal that this season guarantees him nearly $3.4 million.

"We felt like after a national championship ... we wanted to put him in the top five or 10 highest-paid coaches," Perkins says, "and that's about where he is right now."

Perkins says the budget crunch will ease. "We're not in a panic mode at all," Perkins adds. "We think we're going to be fine. Everybody, Ohio State and all these other schools, I think we just have to manage our dollars differently than we did before. ... But you can't stop the operation."

At Kansas, the men's basketball players took a few more trips by bus instead of plane this season. Michigan State cut overall expenses in 2009, and conference meetings across the nation this spring are expected to focus on ways to trim budgets. An NCAA panel is reviewing the recent proliferation in athletic department employees.


 :surprised:
Title: Re: Perkins In Panic Mode
Post by: mcmwcat on April 02, 2010, 02:28:40 PM
Quote
"We're not in a panic mode at all,"

:bwpopcorn:
Title: Re: Perkins In Panic Mode
Post by: steve dave on April 02, 2010, 02:34:57 PM
Quote
"We're not in a panic mode at all,"

:bwpopcorn:

Oh, man, didn't even read that before posting.  rough ridin' crazy coincidence with the title of my thread being that!   :surprised:
Title: Re: Perkins In Panic Mode
Post by: 06wildcat on April 02, 2010, 02:38:26 PM
So will Ben finally admit the Gridiron Club is officially a decade or 5 coaches away now.
Title: Re: Perkins In Panic Mode
Post by: mcmwcat on April 02, 2010, 02:42:13 PM
Quote
"We're not in a panic mode at all,"

:bwpopcorn:

Oh, man, didn't even read that before posting.  rough ridin' crazy coincidence with the title of my thread being that!   :surprised:
:driving:
Title: Re: Perkins In Panic Mode
Post by: bradleigh on April 02, 2010, 03:14:29 PM
What happens when bball is your money maker.  :dunno:
Title: Re: Perkins In Panic Mode
Post by: CNS on April 02, 2010, 03:54:38 PM
They are so fracked if Gill isn't the second coming.  Just wait until the next two seasons are less than stellar. 

Gonna be a hard convo getting bill to take a pay cut.

Maybe porn stars will have to start paying for high-dollar tix?  :dunno:
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 02, 2010, 06:55:17 PM
They are so fracked if Gill isn't the second coming.  Just wait until the next two seasons are less than stellar. 

Gonna be a hard convo getting bill to take a pay cut.

Maybe porn stars will have to start paying for high-dollar tix?  :dunno:

Their football program didn't make crap even in the best season in history.

Live by the (fraud) sword, die by the (fraud) sword.

Is it still called "Kivisto"?
Title: Re: Perkins In Panic Mode
Post by: Cire on April 02, 2010, 07:05:09 PM
comparing ku to ohio state?  LMAO
Title: Re: Perkins In Panic Mode
Post by: Dr Rick Daris on April 02, 2010, 07:33:00 PM
comparing ku to ohio state?  LMAO

yeah. that was my favorite part too.
Title: Re: Perkins In Panic Mode
Post by: ksu1420 on April 02, 2010, 07:49:48 PM
"The economy sucks, but I don't give a shazbot!!  I make 4.4 mil, bitch" says Lew Perkins
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 02, 2010, 07:52:40 PM
comparing ku to ohio state?  LMAO

yeah. that was my favorite part too.

I think he meant "Iowa" and not "Ohio".    :dunno:
Title: Re: Perkins In Panic Mode
Post by: sonofdaxjones on April 02, 2010, 07:56:53 PM
Where is this article at??

LOL though . . . all the BS from Ben and Tardville about how they virtually had a limitless supply of money over at ku.

Title: Re: Perkins In Panic Mode
Post by: sonofdaxjones on April 02, 2010, 07:57:41 PM
Meanwhile, emails going out to Williams "Education" Fund members telling them not to worry about the FBI investigation of the ku athletic department.

Title: Re: Perkins In Panic Mode
Post by: pike on April 02, 2010, 07:59:03 PM
Was waiting for Dax's input on this. LOL
Title: Re: Perkins In Panic Mode
Post by: sonofdaxjones on April 02, 2010, 08:03:49 PM
Found the article.

Looks like Lew picked a bad time to put the ku athletic department at nearly $50 million in debt.   They still owe a substantial amount on the 1998 stadium renovation, they borrowed another $32 million to renovate AFH, no interest loans for the football complex, and I don't know if they've ever fully paid back the WEF for the $4 million they the borrowed to build the weightroom at AFH. 

Title: Re: Perkins In Panic Mode
Post by: steve dave on April 02, 2010, 08:16:29 PM
http://www.usatoday.com/sports/college/mensbasketball/2010-04-01-coaches-salaries-cover_N.htm
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 02, 2010, 08:32:23 PM
http://www.usatoday.com/sports/college/mensbasketball/2010-04-01-coaches-salaries-cover_N.htm

Lew really doesn't mention he paid himself $4mil while his poor student athletes are riding a bus and going without.  Cheers Lew, I wish you workd for KSU.   :cheers:
Title: Re: Perkins In Panic Mode
Post by: WillieWatanabe on April 02, 2010, 10:04:26 PM
Karma is a bitch.
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 02, 2010, 10:22:13 PM
The second that FBI subpoena hits Lew's desk, he will pull the ripcord on that Golden parachute and leave ku with about $6million....for the year.
Title: Re: Perkins In Panic Mode
Post by: FHSU92 on April 03, 2010, 08:41:39 AM
Wazzzup with the timing of this 'panic'?  Ne1 else think this yrs budget was based on a f4 paycheck.   :lol:
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 03, 2010, 09:52:33 AM
Wazzzup with the timing of this 'panic'?  Ne1 else think this yrs budget was based on a f4 paycheck.   :lol:

Self has only been to one his entire tenure at ku so I doubt it.  That's like betting on hard 6 every roll.
Title: Re: Perkins In Panic Mode
Post by: deputy dawg on April 03, 2010, 02:48:51 PM
Can't help but wonder how our finances are doing and the progress on the Ron "Mystery Payout" Prince debacle?
Title: Re: Perkins In Panic Mode
Post by: steve dave on April 03, 2010, 02:54:11 PM
Can't help but wonder how our finances are doing and the progress on the Ron "Mystery Payout" Prince debacle?

I'm sure they look awful.  Difference is we don't brag about ours being in good shape.
Title: Re: Perkins In Panic Mode
Post by: pike on April 03, 2010, 03:32:57 PM
Can't help but wonder how our finances are doing and the progress on the Ron "Mystery Payout" Prince debacle?

I'm sure they look awful.  Difference is we don't brag about ours being in good shape.

In really good shape according to bmw
Title: Re: Perkins In Panic Mode
Post by: Dugout DickStone on April 03, 2010, 05:16:56 PM
Can't help but wonder how our finances are doing and the progress on the Ron "Mystery Payout" Prince debacle?


He hasn't seen crap, so far.  I am sure he will get some dough but it won't be what Lew took in this year.  Most likely will be less than what Mangino got last year as well.

Seriously, OB will recruit a 5* QB before that Gridiron Club gets built.  I'd also think the odds are that OB will be at KSU longer than Lew stays at ku at this point.  Lew has no time for broke schools.
Title: Re: Perkins In Panic Mode
Post by: Andy on April 03, 2010, 07:28:22 PM
Wazzzup with the timing of this 'panic'?  Ne1 else think this yrs budget was based on a f4 paycheck.   :lol:

Self has only been to one his entire tenure at ku so I doubt it.  That's like betting on hard 6 every roll.

big fan of craps based analysis   :cheers:
Title: Re: Perkins In Panic Mode
Post by: Havs on April 03, 2010, 11:28:38 PM
comparing ku to ohio state?  LMAO

yeah. that was my favorite part too.

I think he meant "Iowa" and not "Ohio".    :dunno:

Hey now, our football profits more than KU's does...
Title: Re: Perkins In Panic Mode
Post by: MakeItRain on April 04, 2010, 12:17:39 AM
What happens when bball is your money maker.  :dunno:

False, don't make this a "why football is better" argument you tard.

This is what happens when you spend money like it's your face that's printed on it.  They blow money worse than a coke whore with a shopping addiction.  They make plenty of cash.  Typical suburbanite behavior, spend more than you have to give the false appearance of inflated success. 
Title: Re: Perkins In Panic Mode
Post by: deputy dawg on April 04, 2010, 11:43:40 AM
Can't help but wonder how our finances are doing and the progress on the Ron "Mystery Payout" Prince debacle?

We are at least $4 million ahead from where we were a year ago ($4.4 million Uncle Fester salary/bonus - $350,000 Currie salary = $4 million)
Title: Re: Perkins In Panic Mode
Post by: skycat on April 04, 2010, 09:51:52 PM
They are so fracked if Gill isn't the second coming.

Don't they have to have a first coming before they can have a second coming?
Title: Re: Perkins In Panic Mode
Post by: canadian_breeze on April 05, 2010, 02:49:06 PM
They are so fracked if Gill isn't the second coming.

Don't they have to have a first coming before they can have a second coming?
quite frackin true
Title: Re: Perkins In Panic Mode
Post by: CNS on April 05, 2010, 04:10:50 PM
They are so fracked if Gill isn't the second coming.

Don't they have to have a first coming before they can have a second coming?

Maybe I should have said "They are so fracked if Gill can't perform miracles"?