Feb. 12, 2016
Could Louisiana Schools Be Without College Football In 2016...(Update)
**See bottom for update**
Louisiana Governor John Bel Edwards gave an unprecedented public address yesterday detailing just how bad the state budget crisis is...
Here's how bad it is (in long form with the Republican Party response)
So, the short version is: If the schools lose funding by April 1st and can't pay anyone past the end of the month,
"If you are a student attending one of these universities, it means that you will receive a grade of incomplete, many students will not be able to graduate and student-athletes across the state at those schools will be ineligible to play next semester. That means you can say farewell to college football next fall."
Them's fighting words...
Especially if it means that 10 schools have to go on the shelf because of a billion-dollar deficit that may not be addressed by a deadline.
The next few months will be interesting to say the very least. Back in April, you'll recall, LSU was thinking about declaring financial exigency- basically, an academic version of bankruptcy. From her article:
Being in a state of financial exigency means a university's funding situation is so difficult that the viability of the entire institution is threatened. The status makes it easier for public colleges to shut down programs and lay off tenured faculty, but it also tarnishes the school's reputation, making it harder to recruit faculty and students.
"You'll never get any more faculty," said (LSU President and Chancellor) F. King Alexander, if LSU pursues financial exigency.
The university system would try to file as a group instead of individually if it gets to that state... which wouldn't be good...
**ED NOTE---The irony of the whole situation is this: The football program financially can stand on its own. They make enough money to stay functional.
The problem is a team full of players with "Incomplete" grades would be ineligible to participate in NCAA competition.