KU's new basketball dormitory facility

[OregonSmock]

All of my information comes from financial statements and articles that provide the numbers for KU's recent facilities projects. 

[sonofdaxjones]

Pad's just butthurt that K-State will never approach ten straight Big 12 titles or anything close to the amount of excellence that KU has achieved in the past couple of decades with Roy and Bill.  K-State had to go $83+ million in long-term debt just to give its fanbase something to feel good about.  Sad. 

 

K-State has millions in bond reserve funds to help pay for the debt, and ku still has nearly $50 million dollars in long term debt, including a $6 million dollar note on the Anderson Football Center that's been out there for 6 years now.  ku can't even pay off a zero percent interest promissory note!  ku hasn't paid one dime towards that note. 

How many times do we need to acknowledge that ku is good in basketball, how many times do I and others have to affirm and validate that ku basketball is good Beems?

[KITNfury]

Long term lease that you have to pay =/= debt, I guess.

[Fake Sugar Dick (WARNING, NOT THE REAL SUGAR DICK!)]

Its a 50 year land lease. Some other entities will own the structure. KuAd will own nothing and rent it,just like an apartment.

[The Big Train]

Awaiting beems next nuclear meltdown

[Pendergast]

Pretty sure day one of business school is about using leverage properly, and in the right equity ratio.  83 million in long-term debt means nothing to me, hell it may be not nearly enough.  It's probably no where near where it should be if this was a for-profit business.  Looks like to me KU has no rough ridin' clue how to use leverage.

[Kermit]

Pad's just butthurt that K-State will never approach ten straight Big 12 titles or anything close to the amount of excellence that KU has achieved in the past couple of decades with Roy and Bill.  K-State had to go $83+ million in long-term debt just to give its fanbase something to feel good about.  Sad. 

 

Beems, this is an honest question so please answer truthfully.  How many bball titles would you give up for a football title?  The last 10?  Just 5 of them?  I'm curious.

[sonofdaxjones]

You have to have millions in hand, and show that you're going to generate millions more, before the KBOR, State and KDFA will even allow you to sell millions of dollars in bonds. 

WSC (Master Plan Phase II) Total Price Tag: $86.75 million, but K-State only issued $53 million in bonds.  Over $30 million out of pocket for K-State athletics.   That out of pocket would have paid for the entirety of the Anderson Football Complex, a project that ku had to borrow millions for in order to complete.

[OregonSmock]

Oh, I see... I think I finally understand what you're trying to tell us, 'Pad.  K-State's $83+ million in long term debt is a sign of financial strength, while KU's $49 million in long-term debt is a sign of weakness.  Got it.

 

[Pendergast]

Making statements in a vacuum is fun.

[sonofdaxjones]

Oh, I see... I think I finally understand what you're trying to tell us, 'Pad.  K-State's $83+ million in long term debt is a sign of financial strength, while KU's $49 million in long-term debt is a sign of weakness.  Got it.

 

LOL, not true Captain Butthurt. 

Hey now that I think about it, the out of pocket portion of the WSC by itself would be the largest cash funded facilities project in KBOR School History, and to think, there's a good chance K-State will soon announce a cash funded project that may dwarf that $33 million out of pocket.   

[ydarg2012]

Oh, I see... I think I finally understand what you're trying to tell us, 'Pad.  K-State's $83+ million in long term debt is a sign of financial strength, while KU's $49 million in long-term debt is a sign of weakness.  Got it.

 

LOL, not true Captain Butthurt. 

Hey now that I think about it, the out of pocket portion of the WSC by itself would be the largest cash funded facilities project in KBOR School History, and to think, there's a good chance K-State will soon announce a cash funded project that may dwarf that $33 million out of pocket.

                              

[Dugout DickStone]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

[OregonSmock]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

There's plenty of dispute if you prioritize winning conference titles, Final Fours, and national championships.

[captaincrap]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

Athletics: Titletown. Good at all three men's sports, including national title contender in most important sport in college athletics.

Academics: More Kansas high school seniors choose K-State than any other university in the state. Among Kansas public universities, K-State has the highest percentage of freshmen who return their sophomore year. Highest main-campus enrollment in state. Record Spring enrollment, continuing trend of growth. NBAF arriving to make K-State #1 agriculture university in the country.

City: MHK is fastest growing metro area in the state. Riley is in top-20 counties in the nation for economic growth, the only one in Kansas. One of top 15 fastest growing cities in America.


Good time to be a Wildcat. KU has good stuff too, keep your head up.

[420seriouscat69]

Celebrate good times, oh yeah!!!!

[Dugout DickStone]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

There's plenty of dispute if you prioritize winning conference titles, Final Fours, and national championships.

Your football and baseball programs are a shambles to an humiliating extent.

[Cire]

Beas, Walker, Brown Bros, Harper, Brod Smith, Delton

Man we have been raking

[Dugout DickStone]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

Athletics: Titletown. Good at all three men's sports, including national title contender in most important sport in college athletics.

Academics: More Kansas high school seniors choose K-State than any other university in the state. Among Kansas public universities, K-State has the highest percentage of freshmen who return their sophomore year. Highest main-campus enrollment in state. Record Spring enrollment, continuing trend of growth. NBAF arriving to make K-State #1 agriculture university in the country.

City: MHK is fastest growing metro area in the state. Riley is in top-20 counties in the nation for economic growth, the only one in Kansas. One of top 15 fastest growing cities in America.


Good time to be a Wildcat. KU has good stuff too, keep your head up.

 

[Trogdor]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

Athletics: Titletown. Good at all three men's sports, including national title contender in most important sport in college athletics.

Academics: More Kansas high school seniors choose K-State than any other university in the state. Among Kansas public universities, K-State has the highest percentage of freshmen who return their sophomore year. Highest main-campus enrollment in state. Record Spring enrollment, continuing trend of growth. NBAF arriving to make K-State #1 agriculture university in the country.

City: MHK is fastest growing metro area in the state. Riley is in top-20 counties in the nation for economic growth, the only one in Kansas. One of top 15 fastest growing cities in America.


Good time to be a Wildcat. KU has good stuff too, keep your head up.

You also left out K-state becoming the most diverse campus in Kansas, expansion of university assets at a high rate, and University being top 10 happiest in the nation

[OregonSmock]

Kstate athletics is out performing ku's.  I don't think there is a ton of dispute there.

There's plenty of dispute if you prioritize winning conference titles, Final Fours, and national championships.

Your football and baseball programs are a shambles to an humiliating extent.

The baseball program is undefeated this season and finished at the top of the Big 12 last year.  K-State is 1-7 and at the bottom of the league right now.


 

[captaincrap]

The baseball program is undefeated this season and finished at the top of the Big 12 last year. 

Wut? KU finished 6th in a 9 team league, which is factually not at the top. Factually, at the top would be #1 seed and outright champion K-State.

You are correct that KU is undefeated this season. Keep your head up.

[420seriouscat69]

 

[420seriouscat69]

bbs angry, beems. Works for the shocks.

[pissclams]

women's team smoked the ladyhawks last night on tv, was hilarious to watch the delicious tears flow down the loserhawks faces as they left their home court in defeat.  depression much, ladyhawk?  what a joke that place has become.