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- Please no inappropriate usernames (remember that there may be youngsters in the room)
- Personal attacks on other community members are unacceptable, practice the good manners your mama taught you when engaging with fellow Dawg fans
- Use common sense and respect personal differences in the community: sexual and other inappropriate language or imagery, political rants and belittling the opinions of others will get your posts deleted and result in warnings and/ or banning from the forum
- 3/17/19 UPDATE -- We've updated the permissions for our "Football" and "Commit to the G" recruiting message boards. We aim to be the best free board out there and that has not changed. We do now ask that all of you good people register as a member of our forum in order to see the sugar that is falling from our skies, so to speak.
Credit to AD Greg McGarity for his Foresight...
BobcatGrad
Posts: 1,593 ✭✭✭✭✭ Graduate
in General
A lot of people thought he was being "Stingy" to maintain $77 Million in reserves. With the uncertainty all schools are facing I imagine Georgia is in a much better situation in the event of a loss of anticipated revenues.
Comments
Was thinking about this the other day. Couldn't remember the exact number. Thanks for posting
From what I've read, that amount is very close to the annual operating profit from football. I highly doubt most other schools have as much in reserve. It does make you wonder what will happen to all the athletic programs that aren't making money if football doesn't happen this year.
@MikeGriffith this might be a good idea for an article, thanks to @lmiked7 . what are the published reserve funds like for major colleges across the country and how does UGA compare?
The osu reserve fund is 8.9 million. I checked other large schools like texas and bama but couldn't find anything
Dave Ramsey style 💪🏼
How's that saying go.... "Save it for a rainy day." Well it's pouring.