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Letter from President Cabrera
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<blockquote data-quote="GTLorenzo" data-source="post: 908588" data-attributes="member: 359"><p>Presidents are generally fine when your programs wins 6-8 games a year, goes to a bowl game and occasionally wins 11 or wins 3. Three straight years of 3 wins and a coach who was openly mocked and laughed at forced the situation. Stansbury made his bed with his "I've got my man comment," a comment I'm sure he wishes he could take back. I knew months ago that if the season got off to a really bad start or went really sideways, Todd was going first and then Collins, i.e. Todd would not be allowed to hire another football coach. It just got so bad that they both went on the same day and Cabrera, an alum with a wife and kid who are alums, realized we needed to do something big about this. Getting the Foundation involved is huge. I made a pledge this morning. Nothing huge, but enough to where I'll get some nice points and we'll see what happens.</p><p></p><p>Let's hit that $2.5 million number quick and see if we can make it even larger. To get out of the hole we're in, we're going to need about $250 million for debt reduction and $100 million or more for total endowments of scholarships and coaching positions. We've got the new buildings on the way with the AI 2020. Let's see what we can do about the rest. That would at least put us in a much better position than we are in right now.</p></blockquote><p></p>
[QUOTE="GTLorenzo, post: 908588, member: 359"] Presidents are generally fine when your programs wins 6-8 games a year, goes to a bowl game and occasionally wins 11 or wins 3. Three straight years of 3 wins and a coach who was openly mocked and laughed at forced the situation. Stansbury made his bed with his "I've got my man comment," a comment I'm sure he wishes he could take back. I knew months ago that if the season got off to a really bad start or went really sideways, Todd was going first and then Collins, i.e. Todd would not be allowed to hire another football coach. It just got so bad that they both went on the same day and Cabrera, an alum with a wife and kid who are alums, realized we needed to do something big about this. Getting the Foundation involved is huge. I made a pledge this morning. Nothing huge, but enough to where I'll get some nice points and we'll see what happens. Let's hit that $2.5 million number quick and see if we can make it even larger. To get out of the hole we're in, we're going to need about $250 million for debt reduction and $100 million or more for total endowments of scholarships and coaching positions. We've got the new buildings on the way with the AI 2020. Let's see what we can do about the rest. That would at least put us in a much better position than we are in right now. [/QUOTE]
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Letter from President Cabrera
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