That’s the kind of logic we appreciate here at University Diaries.
And it’s what’s made the University of Louisville – “a sports empire on top of a midlevel commuter school” – what it is today: An object of intense interest on the part of the FBI and many other law enforcement agencies. A national disgrace. An international joke. Everything.
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With kings and princes and nobility and everything.
“I don’t think [the fired athletic director] gets this, and I don’t think [the jail-bird-in-waiting ex-president] got it,” says state Rep. Jim Wayne, whose district includes parts of Louisville. “The University of Louisville is a state facility … and it is not their kingdom. They are not the kings, and the princes, and the nobility in the kingdom. They’re temporary stewards of these programs. And instead of seeing this as something that they should be responsible for and hold high ethical standards as they execute their jobs, they’re doing just the opposite.”
In Louisville, “doing just the opposite” means shaking the school upside down and pocketing every little piece of coin and cash that falls out of it.
Kings have palaces!
[The school’s arena] required a bailout to keep it from defaulting on more than $300 million in bond debt. [The] athletic department agreed to pay an additional $2.4 million a year. The public, meanwhile, was saddled with another 25 years of arena-related taxes totaling hundreds of millions of dollars. In the end, the arena will cost more than $1 billion, with taxpayers funding most of it. Despite the bailout, some experts fear the FBI probe’s effect on the arena’s primary tenant could be catastrophic.
December 10th, 2017 at 2:58PM
How many more of these arena IEDs are located at USAAmerican universities?