MCFROG III
Active Member
Boise St. has furloughed HC Bryan Harsin & athletic coaches an attempt to recoup @$10 million in losses accumulated to date due to COVID-19.
Does he not have a contract?
Does he not have a contract?
Boise St. has furloughed HC Bryan Harsin & athletic coaches an attempt to recoup @$10 million in losses accumulated to date due to COVID-19.
Force Majure baby!Does he not have a contract?
exactly - a bunch of people are acting like this is some HUGE dealThey're just not paying them for like a week.
Okie State likely next......
The question isn’t why are they doing this but why isn’t everyone else?
Shouldn't all these univeristies have some reserves/endowment funds they can use to help with payroll..
"Oh I am sorry mr/miss coach ...we have $34 billion in endowment and cant use it"
Yes I know how endowments work but it is a croc.
Only 1 institution has anything close to a $34 B endowment. Here are NCES numbers from 2016: https://nces.ed.gov/fastfacts/display.asp?id=73
Curious. Knowing costs of every enterprise, including education, will only continue to rise, and knowing that eating into endowment principal will only drive up future costs further, how much principal should a university be required to sacrifice to meet current emergency demands?
And why should universities have to use the financial gifts hard working individuals gave them to invest in perpetuity when the government is bailing out individuals, small, and large businesses?
What do you say to the donor whose gift meant to support the university for hundreds of years gets their gift snatched away so we could instead divert US taxpayer money to a cruise line that evades US taxes by incorporating in a foreign country?
I’m having trouble reconciling the position that employees of only certain types of employers (eg, small businesses) are deserving of emergency bailout money while others (eg, universities) are not.