Home
Articles
Photos
Interviews
Forums
New posts
Search forums
Georgia Tech Recruiting
Dashboard
What's new
New posts
New profile posts
Latest activity
Chat
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Georgia Tech Athletics
Georgia Tech Football
Stansbury
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="BCJacket" data-source="post: 836373" data-attributes="member: 2332"><p>That loss was a one-time hit due to covid and a loss of ticket sales. And that was a big hit. But, as of the last update I saw, Tech was on pace for a ~$2 million surplus for this year.</p><p></p><p>In 2018, we were still paying Hewitt and Gregory. We were still with Russell Athletic for apparel until mid-2018.</p><p></p><p>Tech raised $175.39 million through AI 2020 ($50+ million over the goal). Which is improving facilities without adding to the already burdensome debt. Also added to the endowment. Revenue from the ACC network is increasing. The MBS deal brings in additional money. The multimedia deal with Legends is supposed to bring in significant revenue.</p><p></p><p>I don't have clear info on the debt, but I believe it's declining. The covid hit was a setback. But, overall, long-term Tech's financial position is on a more positive trend than it was a few years ago.</p></blockquote><p></p>
[QUOTE="BCJacket, post: 836373, member: 2332"] That loss was a one-time hit due to covid and a loss of ticket sales. And that was a big hit. But, as of the last update I saw, Tech was on pace for a ~$2 million surplus for this year. In 2018, we were still paying Hewitt and Gregory. We were still with Russell Athletic for apparel until mid-2018. Tech raised $175.39 million through AI 2020 ($50+ million over the goal). Which is improving facilities without adding to the already burdensome debt. Also added to the endowment. Revenue from the ACC network is increasing. The MBS deal brings in additional money. The multimedia deal with Legends is supposed to bring in significant revenue. I don't have clear info on the debt, but I believe it's declining. The covid hit was a setback. But, overall, long-term Tech's financial position is on a more positive trend than it was a few years ago. [/QUOTE]
Insert quotes…
Verification
What is the name of Georgia Tech's mascot?
Post reply
Home
Forums
Georgia Tech Athletics
Georgia Tech Football
Stansbury
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top