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Collins says players have 'chip on their shoulder'
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<blockquote data-quote="slugboy" data-source="post: 884877" data-attributes="member: 282"><p>Do I know that Wichita State isn't guilty of creative accounting? No. I haven't seen an audit of their books. </p><p></p><p>Georgia Tech just had four execs fired back in 2018 because of an audit: <a href="https://www.ajc.com/news/state--regional/lax-oversight-allowed-high-paid-tech-officials-misuse-tax-money/KPhr38F6PupvqESYALWWIP/" target="_blank">https://www.ajc.com/news/state--regional/lax-oversight-allowed-high-paid-tech-officials-misuse-tax-money/KPhr38F6PupvqESYALWWIP/</a>. </p><p></p><p>So, we audit spending. Those audits come from the board of regents down to us. There is auditing built into government contracts. Any commercial research contracts worth their salt will have some auditing involved--especially if the results aren't delivered. We've fired and possibly sought legal relief against people who misused funds. </p><p></p><p>Plus, if you're a company and you want to send money to GT for sports, just send it to the AA. Why would you hide that in a research grant? </p><p></p><p>And if you look at Wichita State, one of the Koch brothers did give tons of money to their AA. Other schools have businesses give money to their AAs. There's no reason to launder it through the academic side of the institute. It gains you nothing except legal problems and oversight. </p><p></p><p>So, redirecting research money or other legally constrained funds is going to get people burned. It's possible that someone would do it, but it would be stupid. </p><p></p><p>And back to the Camaros and fancy cars of the world--do Alabama athletes get cars? Sure. Does the money for them come from the academic budget? Why would it? It's just one more place to get caught. They're getting their Caddys and Dodge Chargers from a car dealer. Zion Williamson's family didn't get a house through research grants--that came through boosters. That money was never in the academic budget or the AA budget. As much as we are convinced that FSU and Duke and UNC are getting money and "impermissible benefits" to players, that stuff isn't coming out of the academic endowment. It's alums and fans. </p><p></p><p>The administration is not going to risk billions of dollars in research grants and endowments by sending millions to players, the risk is too great.</p></blockquote><p></p>
[QUOTE="slugboy, post: 884877, member: 282"] Do I know that Wichita State isn't guilty of creative accounting? No. I haven't seen an audit of their books. Georgia Tech just had four execs fired back in 2018 because of an audit: [URL]https://www.ajc.com/news/state--regional/lax-oversight-allowed-high-paid-tech-officials-misuse-tax-money/KPhr38F6PupvqESYALWWIP/[/URL]. So, we audit spending. Those audits come from the board of regents down to us. There is auditing built into government contracts. Any commercial research contracts worth their salt will have some auditing involved--especially if the results aren't delivered. We've fired and possibly sought legal relief against people who misused funds. Plus, if you're a company and you want to send money to GT for sports, just send it to the AA. Why would you hide that in a research grant? And if you look at Wichita State, one of the Koch brothers did give tons of money to their AA. Other schools have businesses give money to their AAs. There's no reason to launder it through the academic side of the institute. It gains you nothing except legal problems and oversight. So, redirecting research money or other legally constrained funds is going to get people burned. It's possible that someone would do it, but it would be stupid. And back to the Camaros and fancy cars of the world--do Alabama athletes get cars? Sure. Does the money for them come from the academic budget? Why would it? It's just one more place to get caught. They're getting their Caddys and Dodge Chargers from a car dealer. Zion Williamson's family didn't get a house through research grants--that came through boosters. That money was never in the academic budget or the AA budget. As much as we are convinced that FSU and Duke and UNC are getting money and "impermissible benefits" to players, that stuff isn't coming out of the academic endowment. It's alums and fans. The administration is not going to risk billions of dollars in research grants and endowments by sending millions to players, the risk is too great. [/QUOTE]
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Collins says players have 'chip on their shoulder'
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