Cash strapped LSU football just sold!

[Boomhauer]

2 hours ago, THookem said:

 

Moscona is a clown.  All he does is tote the water for lsu.

[THookem]

 

[camridleyfan]

3 hours ago, Neil Leininger said:

I was listening to College Sports on XM 2-3 months ago and they made the point it was going to be impossible to placate all four of these coaches NIL needs.

Kiffin is at 40-50 million , Wade is most likely 20+ , Jay Johnson is 6.5-8 somewhere.  Just on those 3 is 66 and the low end and 80+ on the high end. With only 20.5 per year for rev share.  Thats 40-60 million to push through the CSC.  LSU holds weight but I highly doubt they can push that much through. So either A. Some players are not going to get paid what they’re owed or B. they are skirting the rules HEAVILY 

[BobInHouston]

It seems like they've enticed donors who are interested in a return (which you don't get with NIL) to back an advance to the school. The school is counting on a big enough increase in media rights five years from now to pay back the investors. 

The problem as I see it is that they are paying out from a boost in rights later that they will not be able to put into the program.

For you old Popeye cartoon fans, this is Wimpy agreeing to pay you Tuesday for a hamburger today.

It's possible that they could keep this going, but there is a chance of a reckoning long after the people who put this into place are gone.