Originally Posted by
BrunswickDawg
Man, that's a helluva website find.
OK - $48 million in the bank. To me that gives us security for a number of things - an unexpected coaching staff buyout; a need for a major salary adjustment, economic fall out from a shit season, a matching fund for a donation to ramp up some sort of opportunity (say some said I'll give you $10 million for the Hump Reno, but I want it matched dollar for dollar within a year or you lose it).
Other schools/athletic programs have large endowments to help with stuff like this, and we don't. It has been a factor in holding us back. I think it has been smart to take this approach.