USC in financial trouble - $358M

[NittanyLion99]

Feel like we will see more of these stories soon

MSN

 

[Sherriff Coffee]

Wow. If there is ever a program underutilizing its natural resources, it is USC. They should contend every year with what they have to sell. They are in one of the largest markets, next to the pacific ocean, Hollywood, Stars that are active alum, the songbirds....they are like the new york mets of college football.

 

[Frank Lee]

Wow. If there is ever a program underutilizing its natural resources, it is USC. They should contend every year with what they have to sell. They are in one of the largest markets, next to the pacific ocean, Hollywood, Stars that are active alum, the songbirds....they are like the new york mets of college football.

If they give my kid a tennis scholly, I'll write them a check. Then I'll explain that whole tennis thing to my kid.

 

[Sherriff Coffee]

If they give my kid a tennis scholly, I'll write them a check. Then I'll explain that whole tennis thing to my kid.

Didn't they give a 'ship to a star's kid in crew when she never was on a competitive team in her life? I can't recall the deets.

 

[Frank Lee]

Didn't they give a 'ship to a star's kid in crew when she never was on a competitive team in her life? I can't recall the deets.

Sit com Aunt Becky's kid. Hubby was a clothes designer/retailer.

 

[NittanyLion99]

Didn't they give a 'ship to a star's kid in crew when she never was on a competitive team in her life? I can't recall the deets.

Lori Loughlin.....wasnt even about a schollie...just acceptance to USC.

 

[Creamery]

‘Hello USC commit this is James Franklin calling. Yes, I know they offered you more NIL money than us but we’re actually able to pay the bill, and we have a really nice University. Interested?….’

 

[bdroc]

‘Hello USC commit this is James Franklin calling. Yes, I know they offered you more NIL money than us but we’re actually able to pay the bill, and we have a really nice University. Interested?….’

USC s/b paying the NIL money because it's not their money. They will be making $22 million in direct payments but the football program should be able to handle that. Of course it might require cuts in non revenue areas. There are only about 25 colleges that had profitable athletic programs before revenue sharing.

 

[Bison13]

Selling some land in that area would be hundreds of millions. Dropping a couple sports teams would be ten ish million. Interesting how this plays out

 

[bdroc]

Selling some land in that area would be hundreds of millions. Dropping a couple sports teams would be ten ish million. Interesting how this plays out

Selling land is one time cash. Dropping a couple of sports teams save money every year.

 

[RickinDayton]

If they give my kid a tennis scholly, I'll write them a check. Then I'll explain that whole tennis thing to my kid.

LOL.

 

[ryoder1]

USC is one of the most expensive schools. Their tuition is around $70K and then room and board is another $20-$25K. Point being there is no lack of excessive tuition rolling in so ironic that they are struggling with cash flow. It is likely that where this is headed is dropping some non revenue sports which is a shame. For example, a field hockey or lacrosse player went to USC to play that sport and if they just tell them like in their freshman year "sorry but we won't have lacrosse as a sport anymore" that just sucks.