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Hyman and the rest of the athletic dept think long term..anything from projects planned for the next 3, 5, 10, 15, 20 years out and of course especially at a public university you have to be fisically responsible. For every project they have to go to the BOT and other commitees and present the cost of the project, reason for it, how it will be paid for and the overall debt ceiling is considered everytime. They have plans for paying for the building being built and paying for it. We wish we could have a T boone that will stroke a check and pay it off, but I think many other universities face this issue the same way. Don't worry the university and Hyman have made comments about addressing the debt ceiling and year payments towards it. Trust me, we need to spend that money and much more if we ever want to be a top end elite program. We stand still for a couple years and we'll be on the bottom of the SEC once again for facilities.
Follow me on Twitter, @chrisinstpete
I don't think those days are long away. Per reports today, each SEC school walked away with over 20mil today from the spring meetings.
$20 million in revenue pays a lot of bills. SEC christmas comes in June not December.
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