Also from IT, WR
Jack Bech of Lafayette, LA will not be traveling to Austin soon.
They said the staff was unable to answer the tough questions about the future, so they canceled.
Texas was thought to be the only competition for LSU.
https://247sports.com/Player/Jack-Bech-46058716/
I hoped that recruit enjoyed last night's LSU game.
A lot of programs are not being open and honest about their financial situations and whan that reality hits, many programs are going to be radically changed.
Michigan needs to cut ties with Harbaugh, but UM athletics is facing the reality of a horrific cash flow situation that, if funded with additional debt, will radically change the fortunes of UM athletics. Many, many other programs are going to have to make significant financial cuts they are not discussing publicly, and certainly not disclosing to recruits.
It should be frightening that UT athletics, the wealthiest program in college athletics, could not make its most recent payment on its roughly $200 million in public debt. Since last spring, when the financial ill-winds began to blow, the donors have not stepped up to fill the void.
Cash flow from operations is not sufficient to pay current obligations. UT Athletics is struggling to pay its bills and will have MANY deferred obligations to pay once any free cash flow again materializes. Donors have not stepped up to fill the void. Evidently the financial reserves have been expended. The money is not there to meet the payments on Tom Herman's existing contract.
Those are the facts.
When UT is struggling to pay Tom Herman, the answer is not to spend yet more, hiring yet another head coach. There are bigger issues at hand than whether UT football is 4-2 or 5-1.
There is a major round of realignment coming up in a few years. A number of current D1/FBS programs are not going to be able to afford to participate in college athletics to the degree they have been.
Also, I have heard no talk about identifying those people involved with the hiring process who got it wrong about "St. Charlie the Pure," "St. Thomas the Enlightened," and who now want to bring in "St. Urban the Innocent."
A lot of very loud voices have demonstrated an incredible level of ineptitude and a special flair for taking a program with fabulous advantages and, by hiring the wrong coach, ensuring the program embarrassingly underperforms. Before any coaching decisions are made, we need to eliminate the "Jerry Jones" element from the decision making process.
Coming out of the chapter of college athletics that has affected by Covid will a strong balance sheet should be the first and foremost consideration of Jay Hartzell, CDC, and any UT supporter who truly cares about the program. I'm hearing a lot about spending large sums of money on today's immediate complaints. I'm not hearing much about how to use the current situation to confer significant, long term structural advantages for UT athletics. "St. Urban the Innocent" does not help UT athletics long term.
Just wait until the other athletics programs start having to admit their financial situations. The recruit who cancelled UT because they couldn't "answer tough questions about the future" and who evidently sees safety in Ed Orgeron's arms is about to F@#K up massively.
UT athletics can't be yet another party who "f##ks up massively" over the next three or four years while the financial shock waves resonate through college athletics and the spectre of major conference realignment draws ever closer.
