← Previous Post: | Next Post:

 

‘Sweeee-eeeee-eeeet forgiveness!’

Sang Bonnie Raitt – one of my favorite songs back when… Can’t find it on YouTube, but believe me it was sweet…

Okay, so best I can do is Joe Cocker…

Yes, forgiveness of the $19 million worth of loans it not long ago got from the university sure would be sweet, says scandal-ridden University of Colorado’s latest athletic director to its board of regents…

The AD himself is barely getting by at $700,000 a year plus up to $8.5 million in bonuses but has magnanimously kicked in some of that money (won’t say how much) to his program’s endowment… For which oh God thank you Mr Athletic Director! You are our hero! It’s incredibly selfless of you to take a bit of the money Colorado gave you when it gave you the highest administrative salary in the history of the institution and give it back! Lord Bountiful!

Still, that pesky nineteen mill remains to be paid back. And things don’t look good revenue-wise.

I’m sure the regents can figure this one out. Jack up tuition like mad so that the athletics department doesn’t have to pay its debt to the school.

Margaret Soltan, September 24, 2013 12:29PM
Posted in: sport

Trackback URL for this post:
https://www.margaretsoltan.com/wp-trackback.php?p=41335

Comment on this Entry

Latest UD posts at IHE

Archives

Categories