kutuckville now coming to grips with the reality that different athletic departments do their books differently. But I digress.
While the new regime at K-State is more forthcoming and certainly communicates a lot more than the past regimes, they still play things pretty close to vest.
Here's all I've been able to pick up by trying to follow what's said. Whenever possible net revenues are plowed back into things like facilities. For example last year net revenues (which includes Ahearn funding giving, which was a record $14 plus million in cash last year, and another million in gifts in kind) bought all new furnishings, carpet and fixtures for Vanier as well as allowed for improvements to the suite/club level in the football stadium, and got a whole new timing/scoring system for the scoreboards in Bramlage.
Unless CC says otherwise, I didn't hear that anyone in particular wrote a check to pay for the turf, so I would think that bill gets paid out of net revenues. I don't think the entire cost of the Basketball Training Facility is being paid for with specific donations for that facility, some of it will be paid for with net revenues from athletic operations and general Ahearn Fund giving. (this is not at all uncommon for large capital projects to need money from general revenues or outside funding to finish. Most of kutuckville for example doesn't know that Lew borrowed $6 million dollars to finish their football complex, and borrowed another $30 plus million to finish AFH).
Somebody mentioned elsewhere that the weightroom in Vanier was getting yet another makeover, but I haven't seen anyone else mention it, maybe CC can enlighten us.
What these net revenue numbers also mean is that there is likely (you can't predict the future) room to cover the cost of future bonding.
