At this point it doesn't make sense to fire anyone. Looking at next year's schedule and players we have returning (even assuming they all return), next year is a lost cause. May as well wait till the buyouts are one year cheaper.
Are Keenum and Selmon intentionally wrecking MSU Football?
- Thread starter Leeshouldveflanked
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The fact that you're on here talking about "sources" shows just how not in the know you are. Even if you had a source, how could you prove it, and why would you prove it, to a bunch of randoms on the internet? And do any of us care? Nope. Everyone who knows any real secrets about the AD keeps it secret anyway, as to not out their own "sources".
You take yourself too seriously, boss.
Keenum knows from personal experience that the President's job is much easier when the football program is doing acceptably well. While the football team may be sucking up more and more donor money, having a BAD football team is even more of a financial disaster for the University.
We can argue over his decisions and priorities, but he isn't stupid.
That said, the shelf life of a good University President is less than 10 years. It may be time for him to move on.
We can argue over his decisions and priorities, but he isn't stupid.
That said, the shelf life of a good University President is less than 10 years. It may be time for him to move on.
No he didn’t include that. It’s 217 million
There’s also 83 million in gifts and grants.
By comparison Ole Miss is 132 million in the hole but when you include state funding they are in the positive (along with State as well)
I looked up Auburn just to see, just strictly on revenue and expenses they 315 million in the hole and their state funding gets them back in the black as well.
I looked up Auburn just to see, just strictly on revenue and expenses they 315 million in the hole and their state funding gets them back in the black as well.
I suspect every public university in the country, and probably most of the private ones too, operates at a substantial operating loss every year. The number that matters is Change in Net Assets. And that's almost $39M for Mississippi State last year.
MSU needs to be selling the prime faculty seating at Football Games to Texas and UGA fans instead of MSU Faculty
He carries as much weight in college football as a rat turd. That's why the SEC has stuck us with UGA the last few years even after AL falls off and then kicks us in the nuts with the toughest schedule in college football for two years. So much respect!
Location, it's not just coaches either. Talent as well for coaches.
The move from BI to the EF for your NIL now also takes your money out of your control as to the sport it goes toward. Guess which sport has really been recruiting lights out suddenly.
Ha - probably the only thing attractive about working there
Exactly.
No smrat ($1) guy would move to Starkvegas unless there was a guarantee of a viable pension/retirement plan.
No biologist wants to move to a roach motel— they want to get out if possible.
What would qualify as proof for you?
I’ll admit I’m operating on common sense here, which does at times seem to be at a premium around here, but most people want to do a good job at their job. And most people who are highly paid want to continue to be highly paid, which keenum and selmon are. Lastly, I’m not sure how doing a ****** job helps selmon move on and I guarantee you he wants to move on. Selmon didn’t take this job with aspirations of being the AD here long term.
I’m not a CPA and not a public finance expert but I’m pretty sure that $623 million pension liability is not an obligation of MSU. I think every state government entity carries this “pension liability”. I believe it represents the pro-rata share of the state of Mississippi’s unfunded pension liability. So, essentially whatever the unfunded pension liability that PERS has, $623 million of this is attributed to MSU employees or past employees. MSU will not be responsible for that.randystewart speaks truth.
We're facing quite the crisis in the next few years and it extends well beyond football. The push for an A+ gameday experience is more important than wins and losses. We have to attract students. Our 17ed up scholarship matrix has to be fixed, but if students don't want to come to State because the experience is more boring than their high school, we're going to have trouble paying for a lot of things.
The university is running at a $234 million operating loss. 63% of our outflows are salaries and benefits (over $500 million). The university has $312 million in debt and $623 million in pension liabilities. MSU is going to have to make some tough decisions soon.
I could be way wrong about that. Maybe a CPA can correct me if so.
Technically legally correct. It’s an obligation of the State of Mississippi. But it will be paid from pension contributions from participating employers. It’s carried as a liability on the MSU balance sheet because MSU will pay it. Had this argument with an angry client once. Tried explaining it to him but finally just had to say that’s the rule & there’s nothing either one of us can do about it.
Both can be true. Cohen made some terrible moves but he usually made up for it correcting it. Now the fan experience and money side he didn't get. I though t when we hired Selmon he would understand but he appears to have gotten to where he is due to his OU family because it doesn't appear money or fan experience have gotten much better but his coaching hire appears to be going south. We will see with Zimmerman. He has sat on his hands with Lemon. If lemon had a bad year again then we know Selmon doesn't have the cahones to make the right moves or is just incompetent. I would honestly be talking to Benko or Weatherbee. But I don't trust Keenum to do it. He is too busy with national committee stuff.
Money has evidently got quite a bit better, but we are starting from a very low base.
The op on this stuff made things out to be terrible when they really aren't. Whether that was intentional or not I don't know. He has been called on it by multiple people.
I understand that the taxpayers of Mississippi make up the difference, but the current administration is taking advantage of that. We are spending like drunken sailors and the enrollment cliff is coming in 2026. Terrible football isn't going to help with that.
Six of our public universities in Mississippi would fold if not for state funding. We aren't far off from being the seventh. We have to be close to self sufficient by 2030 because of the train that's coming down the track.
Too many of our people think Keenum is doing a great job. They see him as head of the College Football Playoff committee and equate that to great leadership. It's not. Mississippi State is facing a crossroads in the next decade. We are R1, but lost that temporarily. Heads should have rolled the day we lost that. I know we got it back but that was a major embarrassment for the academic side that it will take 50 years to recover from (see US News rankings)
The simplest thing we can do is create a student experience on par with the rest of the SEC.
Six of our public universities in Mississippi would fold if not for state funding. We aren't far off from being the seventh. We have to be close to self sufficient by 2030 because of the train that's coming down the track.
Too many of our people think Keenum is doing a great job. They see him as head of the College Football Playoff committee and equate that to great leadership. It's not. Mississippi State is facing a crossroads in the next decade. We are R1, but lost that temporarily. Heads should have rolled the day we lost that. I know we got it back but that was a major embarrassment for the academic side that it will take 50 years to recover from (see US News rankings)
The simplest thing we can do is create a student experience on par with the rest of the SEC.
There is just no way that people can be this stupid. He is literally THE CHAIRMAN of the College Football Playoff Board.
Who gives a ****? His position isn’t doing our program any good. We won’t sniff the top 25 much less any possibility of benefiting from him being on the CFP for a LONG time on our current trajectory.
There is just a **** ton of a vast sea of expanse between established "established coordinators" and Hutzler. If we went with a special teams coordinator with no play calling experience over good G5 coordinators, that is just stupid with a first time head coach. If you already have an established head coach, sure, a P5 position coach may be a good option, even without play calling experience. But you don't throw $3M at somebody that has never called plays when you have a first time head coach.
The number is calculated so there is information as to who gets stuck how badly when we can no longer pretend those obligations are going to get paid. I wouldn't worry about it too much because it's going to be such a giant **** show when we finally have to face reality that I'm not sure who is responsible for what is going to matter much at all compared to who has money and who has political clout. And there is also going to be the Contracts clause issue when we try to be realistic.
Perhaps but the return on investment right now is even lower. Right now giving to all of these funds and being asked to give more with current results fills like used car salesman right now or throwing money into a pit and lighting it on fire
One could argue that's not helping msu a damn bit but just helping his own self parlay into something bigger
Good grief. This board needs an enema.
Give one example just one that is actually quantifiable of having Keenum on the cfp board that helps msu in football. Is it making us money? Is it bringing us s better AD or coach? Is it helping our schedule? Is it brining in recruits? Is it helping our bulldog club or NIL? How does it actually directly benefit MSU?
I guess you would rather not have him being so respected in this rapidly changing landscape? We have a voice, a big one, at the table right now. And y'all want to run him off. It makes you wonder.
I've had the same question. I'm open to hearing how this benefits us but so far all I see is how it benefits him.
Here are your names and my sources are Rob Common & Mike Sense.
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