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Ak/uaa

Re: Ak/uaa

joecct said:
From Louisiana:

"TAF (Tiger Athletic Fund?) is a nonprofit sitting on nearly a half billion dollars in assets, $498.7 million in 2017, and a quarter billion in funds, $244.4 million, according to disclosures filed with the Internal Revenue Service."

#LSU is facing a 3% budget shortfall for the upcoming year, or about $10-14 million via @theadvocatebr. https://t.co/CamdpfGSpr
Click to expand...

https://www.mdjonline.com/neighbor_...deo_9a28f00e-5323-5b90-90fa-c5ad3c5be725.html
 
Re: Ak/uaa

joecct said:
From Louisiana:

"TAF (Tiger Athletic Fund?) is a nonprofit sitting on nearly a half billion dollars in assets, $498.7 million in 2017, and a quarter billion in funds, $244.4 million, according to disclosures filed with the Internal Revenue Service."

#LSU is facing a 3% budget shortfall for the upcoming year, or about $10-14 million via @theadvocatebr. https://t.co/CamdpfGSpr
Click to expand...

Thats basically equal to the LSU system endowment as listed on Wikipedia...$845 million
 
Re: Ak/uaa

Some in the legislature are trying to give UA back 110 million of the 130 million that Dunleavy cut. However, their new bill does not include a full $3000 PFD. It's $1600. I think it will be vetoed again, but I am hoping it goes through!
 
Re: Ak/uaa

Based on this sentence, no:

"[We are ] not looking at cutting sports programs at this time. They are however on the table. Again, that is something the Regents will decide in September. "
 
Re: Ak/uaa

tape said:
Based on this sentence, no:

"[We are ] not looking at cutting sports programs at this time. They are however on the table. Again, that is something the Regents will decide in September. "
Click to expand...
So that could really made things hard for games schedule with either team {UAA & UAF} in terms that nobody will really know and if they do can the programs all teams with games versus these teams will have holes in there schedule that they will not be able to fill in with no time to do so if it will be decided in September....July 30th would to me be a last ditch chance for teams to try and figure how to add games to replace the one's they lose...with that said I am only figuring the teams that are Out of Conference....[example is that UAA is suppose to be @ Maine October 11th/12th]. Oh well it is what it is.
 
tape said:
Based on this sentence, no:

"[We are ] not looking at cutting sports programs at this time. They are however on the table. Again, that is something the Regents will decide in September. "
Click to expand...

So it's a possibly that just the academic programs will suffer massive cuts while the athletic programs will be spared?
 
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LSSULaker889294 said:
Do WCHA league officials have back up schedules made up if one or both of the Alaska schools fold?
Click to expand...

Yes.

From the Star Tribune of all places...
Men’s Commissioner Bill Robertson said the conference is preparing for the upcoming season while keeping an eye on the developments in Alaska.

“We are monitoring that situation closely with both the administration and athletic departments at Anchorage and Fairbanks and have stayed in close touch on that,” Robertson said. “What we’re told right now is we need to prepare for the start of the year, and that’s what we’re doing. We can’t prognosticate what is going to play out.”

With that in mind, Robertson said the conference also has made contingency plans for the 2019-20 season. “We’ve worked on the potential for new schedules should one or either team not be able to compete, but it’s our hope and plan that both Anchorage and Fairbanks will be playing in the WCHA this year,” Robertson said. “This is a real fluid situation.
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Hope every University booked refundable flights...
 
Re: Ak/uaa

The Anchorage Daily News is reporting:
"A couple of options for absorbing deep cuts are being considered, including one that would require $50 million worth of cuts at UAA for fiscal year 2020. On Thursday, UAA chancellor Cathy Sandeen released a plan that would include a $4 million cut to athletics. “Please note these are not final decisions,” Sandeen wrote."

That is $4 M cut out of $12 M athletic budget. If I understand, these would be cuts for NEXT year's budget. I suppose that this year's athletic budget continues. So UAA hockey looks safe for this year...but next year ???

If you have to trim $4M, dropping the expensive hockey team gets you "farther faster". I found a document that says the net cost of hockey (expenses minus income) is around $1.5 M. So you still have to trim another $2.5 M. But dropping men's hockey gets UAA down to the NCAA d2 minimum of 10 sports, so there are no more sports that can be dropped. I'm not sure it's possible to cut another $2.5 M and still have an NCAA d2 athletic program in Anchorage. The only hope would be the "combined" model with UAF: 5 sports in Anchorage & 5 sports in Fairbanks including hockey.

https://www.adn.com/sports/uaa-athl...leave-uaa-because-of-financial-uncertainties/
https://www.uaa.alaska.edu/about/ad...s/fy20-50m-budget-reductions-july-24-2019.pdf
 
Re: Ak/uaa

I don't think that the combined model is going to fly with the NCAA. They didn't sound enthusiastic about it last time.

GFM
 
If you have to trim $4M, dropping the expensive hockey team gets you "farther faster". I found a document that says the net cost of hockey (expenses minus income) is around $1.5 M. So you still have to trim another $2.5 M. But dropping men's hockey gets UAA down to the NCAA d2 minimum of 10 sports, so there are no more sports that can be dropped. I'm not sure it's possible to cut another $2.5 M and still have an NCAA d2 athletic program in Anchorage. The only hope would be the "combined" model with UAF: 5 sports in Anchorage & 5 sports in Fairbanks including hockey.
Click to expand...

I completely agree...the only hope for hockey to survive is a single team in a combined system. 1 trip a year to Alaska is something the WCHA7 might well agree to accept especially if UAH can find a new home.
 
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