Flipper wrote: ↑Mon Feb 21, 2022 9:38 am
The fact that a public institution is so secretive about finances is a bit disturbing. They should be much more open to discussing how they're spending the dollars they've been given...unless...of course...they have something to hide
Yep. Their budgets are obviously a matter of public record and the audits are easily searchable on the Ohio Auditor site. But it will simply show you an incoming revenue stream of ~$675k as "private donations", along with all the general expenditures of running the program. It is broken down between coaching salaries, game guarantees, recruiting, travel, equipment, etc, but there is nowhere publicly available to connect the dots on the Frack funds and where they specifically are spent.
And there are other oddities when you look at those budgets. Like BG Hoops has $0 in revenue from parking. BG Hoops has $0 in revenue from concessions. We all know those numbers are bogus, I alone have spent a not $0 amount on concessions, but they pull that revenue elsewhere almost certainly because they have the Frack money as a slush fund.
Other expense oddities we've all lamented are the crazy high recruiting/travel costs for even single scholarship recruiting classes. $10k+ per athlete "equipment" expenses, etc.
I would think a FOIA request would be able to uncover actual receipts and emails that might help figure out where all the money goes, but that's going to be a ton of work for a reporter to write a story that the end conclusion everybody already knows: BGSU is NOT using the Frack money to improve coaching, and NOT using the Frack money to bring in better home opponents. I guess maybe the coaching side BG would argue they're paying Huger & his staff a lot more than they could afford without the Frack dollars, but we're certainly not getting QUALITY bang for our buck...They just gave Huger the Jans contract and called it a day.