XiXiTiger 16 Report post Posted July 8 https://news.stanford.edu/2020/07/08/athletics/?utm_source=athletics&utm_medium=tw&utm_campaign=an Quote Share this post Link to post Share on other sites
VakAttack 2,513 Report post Posted July 8 Noooooooooo.Sent from my SM-G975U using Tapatalk Quote Share this post Link to post Share on other sites
Alwayswrestling 176 Report post Posted July 8 Wow not good to say the obvious! Quote Share this post Link to post Share on other sites
bnwtwg 367 Report post Posted July 8 Real Woods to IL plz Quote Share this post Link to post Share on other sites
jeffrideal 111 Report post Posted July 8 Shame, in the middle of Silicon Valley and they cannot find enough money to sponsor these sports? 1 leshismore reacted to this Quote Share this post Link to post Share on other sites
CB 46 Report post Posted July 8 Very sad to hear this. I always heard that all of their programs were fully endowed. Quote Share this post Link to post Share on other sites
bnwtwg 367 Report post Posted July 8 Just now, CB said: Very sad to hear this. I always heard that all of their programs were fully endowed. The endowment is fully endowed, but they never touch the trust funds. It’s a dick-swinging talking piece at that level. Quote Share this post Link to post Share on other sites
RegularStalling 17 Report post Posted July 8 Heartbroken. Not a good sign for the future of our sport collegiately. Side not, but I also feel terrible for Kerry McCoy. Just uprooted to come to run the CRTC a month and half ago. Quote Share this post Link to post Share on other sites
TLS62pa 45 Report post Posted July 8 6. If donors step forward, can any of these sports retain their varsity status? The decisions to reduce our sports offerings are final, and any future philanthropic interest in these sports may be directed towards supporting them at the club level, should they establish as a club sport after their 2020-21 varsity campaign. While Stanford Athletics has many tremendously generous donors, their support simply could not cover the escalating costs of ensuring excellence across the board in our 36-sport model. Quote Share this post Link to post Share on other sites
Pinnum 784 Report post Posted July 8 4 minutes ago, bnwtwg said: The endowment is fully endowed, but they never touch the trust funds. What do you mean by that statement? My understanding is that wrestling has never had a fully funded endowment at Stanford. Are you simply saying that the endowment fund at Stanford is "large enough"? Quote Share this post Link to post Share on other sites
buck 65 Report post Posted July 8 The sport needs an entirely different operating model separate from college. 1 GoNotQuietly reacted to this Quote Share this post Link to post Share on other sites
bnwtwg 367 Report post Posted July 8 (edited) Yes, that is what I’m saying. University endowment funds are most easily defined as reserves aka a savings fund at that macro level, and it is my personal opinion that the savings funds should be tapped at times like this. But I’ve worked enough with administrators to develop case studies regarding POAs and deliverables to know better. Edited July 8 by bnwtwg Phrasing Quote Share this post Link to post Share on other sites
Glane18 69 Report post Posted July 8 Didn't Adeline Grey just move out there as well? This is horrible. I live nearby and I am heartbroken, especially since they have so much potential this upcoming season. Where do all the guys go? Where does Abas go? Quote Share this post Link to post Share on other sites
Antitroll2828 484 Report post Posted July 8 They have a 27.7 billion dollar endowment, but you know the dean might need to put an addition on his winter home or the football team might need Gucci carpet in the locker room so bring out the axe for the “lesser” sports. 2 GoNotQuietly and bnwtwg reacted to this Quote Share this post Link to post Share on other sites
fudge_tunnel 107 Report post Posted July 8 Abas to Fresno St? At least we have another college to root against for all other sports (Boise St, EMU, Oregon, etc) Quote Share this post Link to post Share on other sites
NJDan 537 Report post Posted July 8 And Stanford is fabbbbbulously wealthy. I guess it intends to stay that way or become even more so. 1 cjc007 reacted to this Quote Share this post Link to post Share on other sites
bnwtwg 367 Report post Posted July 8 Too bad Stanford is bleeding money. Not sure if they will be able to even stay in the black after spending all $27,700,000,000 on sports and research this year. https://facts.stanford.edu/administration/finances/ Quote Share this post Link to post Share on other sites
nhs67 682 Report post Posted July 8 Used to have a kid who was a Spartan fan, but would order Stanford 'S' stuff(that didn't have the tree) because his favorite color was red. Bring 'em all to East Lansing. I'd be overjoyed. Still get to have a gigantic 'S' for your logo. :) 1 BhamState reacted to this Quote Share this post Link to post Share on other sites
ShakaAloha 68 Report post Posted July 8 44 minutes ago, Glane18 said: Didn't Adeline Grey just move out there as well? This is horrible. I live nearby and I am heartbroken, especially since they have so much potential this upcoming season. Where do all the guys go? Where does Abas go? There's going to be a lot of suitors for Woods, Abas, and Griffith. Probably for Traxler and DiSario too. Quote Share this post Link to post Share on other sites
NJDan 537 Report post Posted July 8 How does Stanford decide it cannot afford wrestling or anything else? Obviously, it has the money. But just as obviously the wrestling team loses money-- but so does the English department. Quote Share this post Link to post Share on other sites
ConnorsDad 535 Report post Posted July 8 And of course they knew this long before now but waited till the students would feel pretty much compelled to go there this year. Maybe it'll work out like liked Brown did. The students and lawyers will figure out that they knew they were going to cut the program and still were recruiting and file a lawsuit. I'm anti lawsuit for frivolous purposes but in this case the admin knew they were going to cut the sport and they still kept letting the coaches recruit and make plans as if they were going to be there. **** them Quote Share this post Link to post Share on other sites
Plasmodium 1,516 Report post Posted July 8 Penn State to suck those three up like a hoover. 1 HurricaneWrestling2 reacted to this Quote Share this post Link to post Share on other sites
klehner 345 Report post Posted July 8 I wonder what is their football budget... 1 gallison reacted to this Quote Share this post Link to post Share on other sites
nhs67 682 Report post Posted July 8 (edited) 9 minutes ago, Plasmodium said: Penn State to suck those three up like a hoover. Oh my. Wrestlestat has Penn State winning, with Woods at 149 and Griffith at 165, by a score of 18-12. That isn't factoring in that a healthy Kerk defeats Cass handily(currently has Cass winning 13-6)... Edited July 8 by nhs67 Quote Share this post Link to post Share on other sites
Henry 2 Report post Posted July 8 Hopefully Kerry McCoy didn't move across the country yet. Quote Share this post Link to post Share on other sites
