There were a handful of reports a couple of weeks ago where the word "bankruptcy" was tossed around. It's a parsing of words when F. King Alexander is using the phrase, "financial exigency plan." That's certainly related to bankruptcy. Alexander was quoted saying that going that route was "how LSU was going to survive."
The author horribly misses the point, or simply doesn't understand how the fiscal side of an Athletic Dept., when he suggests playing a home game against a marquee team would have a bearing. He fails to mention when a team makes that road trip, it's not adding to the revenue but actually losing money.
It's a horrible situation, but not that uncommon. Now, the cuts Jindal has proposed seem extreme. I believe the number is over 80% of the higher education budget has proposed slashes for the state of Louisiana.
@red55 might know this off the top of his head...it seems to me the reported shortfall last year was over 1.5 billion.
Point being: one football game, against a team like OU, won't do a damn thing.
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