Alkiadt said:calumnus said:Alkiadt said:Shocky1 said:the knowlton financial plan is to continue borrowing money from the central campus not caring that there will never be future revenue sources for repayment & not cut any teams/rightsize his bloated bureaucracyShocky1 said:
shocky's bottom line:
there's gonna be significantly less revenues for the athletic department in the forseeable future & that's why knowlton's decision in fiscal year 2022 to secretly (required multiple public information requests by me before cfo tom lowry finally shared the details of the debt service with me) borrow $11,000,000 wuz financial malpractice...apologists will argue that borrowing money from the central campus is a standard operating mechanism, these are not ordinary times & the "good ol' days" of collegiate athletics (for schools not already in the sec or big 10) are firmly in the rearview mirror
the financial reality for the cal athletic department is significantly less revenues in the future primarily from declining media rights revenues & donations to the athletic department due to the growth of nil fundraising & the aging (and fatigued) berkeley donor community which is not gaining any traction (building a pipeline) with younger future megadonors...the fake berkeley campus fundraising numbers are not dollars that are actually collected, ok?
so whether it be the con artist & his evil as **** confidante jennifer simon-o'neil continuing their bureaucratic wayward lack of vision or new leadership such as andrew mcgraw as the next athletic director, cal will no longer be able to field 30+ teams (many of them underperforming for years) & will need to cut teams/reduce expenses
the next athletic director will need to quickly work within title ix constraints in revamping the currently bloated athletic department with the following teams in a new much more streamlined operation that competes for championships:
1. football
2. men's basketball
3. men's swimming & diving
4. men's water polo
5. men's golf
6. men's tennis
7. women's basketball
8. softball
9. women's soccer
10. women's swimming & diving
11. women's water polo
12. women's volleyball
13. women's golf
14. women's tennis
15. women's rowing
baseball, men's soccer, women's lacrosse and field hockey and both gymnastics and track & field (including cross country) programs would be terminated with current schollys honored thru graduation...women's beach volleyball would be discontinued with scholly transfers offered to women's volleyball...men's rugby & men's rowing would become club sports, fully expect jack clark to go nuclear on this necessary decision in his predictable myopic rage to defend his turf
not biz as usual in berkeley (or the pac 12)#
the only real thing is the hurt the con artist is gonna inflict upon cal athletics but eventually he's gonna go away in the end
knowlton's empire of dirt (upon his liar's chair & broken thoughts)#
It's not Knowlton's decision to cut sports. He could recommend it, like Sandy did and was overruled. (I'm NOT defending Knowlton here…). Christ has already said cutting sports is not going to happen on her watch. This is the chancellor's final call, and we all know it has no chance of happening until there's a new chancellor.
Why do you repetitively post the same bogus claim? I mean when the chancellor has gone on record saying it won't happen, do expect that the Athletic Director can overrule that?
Jim Knowlton is paid 2-3 times more than Carol Christ. Athletics administration is his job. He has thrown away $millions on hiring, extending then firing Fox, giving Wilcox a 6 year $30 million extension despite a losing record, ignoring swimmers, giving McKeever a huge $5 million contract, then spending $millions investigating McKeever, then getting sued by McKeever and the swimmers… and after trashing our revenue sports providing zero useful guidance to Carol Christ on the budget issues or on conference realignment other than setting up a meeting with the Mountain West Conference near his home in Colorado Springs.
That said, Carol Christ hired the idiot and then gave him an 8 year extension so it is all on her. I am admittedly triggered by people defending him.
I already said I was not defending him. He needed to go some time ago. I blame Christ who is riding off into the sunset. Knowlton just figured out he only needed to tell her what she wanted to hear.
And I can't recall anyone on this site ever defending him..
Yeah, I know, it was only the issue of cutting sports that you were absolving him of responsibility but like I said, I am easily triggered by people even vaguely defending him.
And he had a lot of defenders initially, but that has pretty much evaporated over the years. His decisions like extending Wilcox because "Oregon" and giving McKeever a huge contract despite newspaper reports of abuse in her program were vigorously defended at the time. Some might have been employed in the AD. All last year I was challenged to "prove" he wasn't secretly working behind the scenes to get us into the B1G.
