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DRF buyout and Stadium Renovation Disagreements
Posted on: April 18, 2024 at 22:12:10 CT
KCT-BoneTiger MU
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In response to a question from the Columbia Daily Tribune, UM System President Mun Choi didn’t say whether or not Missouri has received a request from Reed-Francois or Arizona.
But …
“We do have a contract,” Choi said, “and we do expect the contract terms to be honored.”
That seems to indicate that the university expects Reed-Francois’ buyout to be paid in full.
Shortly before Reed-Francois departed for Arizona, the Board of Curators unanimously voted for the creation of the Mizzou Athletics Intercollegiate Athletics Committee to oversee athletic department spending. The committee was to be chaired by Blitz and composed of curators Robin Wenneker, Todd Graves and Jeff Layman.
"with the statistics that we saw, we felt, in fulfilling our fiduciary duty, that it was a must to step in and find out more about what was going on in the athletic department,” he said. “We're not trying to pick coaches, we're not trying to do those kinds of things. We're trying to make sure that the athletic department is running in a financially responsible way and doing the best they can.”
Missouri’s athletic department finished the fiscal year 2023 in the black by $1. Under Reed-Francois, the athletic department spent record amounts but also brought in record revenue.
In regards to the North EndZone Project:
Curator Bob Blitz: "The project when it was conceptual before it was finally approved to this day was a smaller project, let me just put it that way."
http://www.columbiatribune.com/story/sports/college/tiger-extra/2024/04/18/updates-missouri-athletic-director-search-status-of-former-ads-buyout-marcy-girton-memorial-stadium/73376090007/
http://twitter.com/PowerMizzoucom/status/1781016598406664277
Edited by KCT-BoneTiger at 22:13:37 on 04/18/24
But …
“We do have a contract,” Choi said, “and we do expect the contract terms to be honored.”
That seems to indicate that the university expects Reed-Francois’ buyout to be paid in full.
Shortly before Reed-Francois departed for Arizona, the Board of Curators unanimously voted for the creation of the Mizzou Athletics Intercollegiate Athletics Committee to oversee athletic department spending. The committee was to be chaired by Blitz and composed of curators Robin Wenneker, Todd Graves and Jeff Layman.
"with the statistics that we saw, we felt, in fulfilling our fiduciary duty, that it was a must to step in and find out more about what was going on in the athletic department,” he said. “We're not trying to pick coaches, we're not trying to do those kinds of things. We're trying to make sure that the athletic department is running in a financially responsible way and doing the best they can.”
Missouri’s athletic department finished the fiscal year 2023 in the black by $1. Under Reed-Francois, the athletic department spent record amounts but also brought in record revenue.
In regards to the North EndZone Project:
Curator Bob Blitz: "The project when it was conceptual before it was finally approved to this day was a smaller project, let me just put it that way."
http://www.columbiatribune.com/story/sports/college/tiger-extra/2024/04/18/updates-missouri-athletic-director-search-status-of-former-ads-buyout-marcy-girton-memorial-stadium/73376090007/
http://twitter.com/PowerMizzoucom/status/1781016598406664277
Edited by KCT-BoneTiger at 22:13:37 on 04/18/24
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DRF buyout and Stadium Renovation Disagreements - KCT-BoneTiger MU - 4/18 22:12:10