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Blah

Joined: 8/31/01 Posts: 65305
Likes: 25539


Bottomline: UA signed a contract. You're a capitalist. You know the deal.


Now if there are loopholes unbeknownst to UCLA / CAL, those administrators should be fired. I criticized schools for overspending for quite a while now. That said, it's also these type of contracts that allowed them to do so.

Regardless, what UA is doing ... it's shady ... especially during a pandemic. IF UA can't cover their costs, they should declare bankruptcy. That's capitalism. IF UCLA and CAL want to recoup part of the contract value, they should renegotiate to help UA ... which is what I said.

This is capitalism. If you lend an organization a million, you own the organization. If you lend an organization a billion, the organization owns you. UA over stretched. They get no sympathy from me. If UA declares bankruptcy, then UCLA / CAL is out of luck. They'll get no sympathy either. Until then, this is on UA.

(In response to this post by Bourbon Bowl)

Posted: 06/29/2020 at 11:59AM



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Current Thread:
  UA? shady? never ;-) ** -- HooInDE 06/28/2020 10:54PM
  So the B1G isn't going to bail them out??!?! ** -- aficionadHOO 06/28/2020 9:52PM
  Re: So the B1G isn't going to bail them out??!?! -- builtbadgers 06/28/2020 10:04PM
  That company is a dumpster fire. ** -- Ronald Mexico 06/28/2020 1:02PM
  Couch fire since linking with Maryland ** -- NVHoo 06/28/2020 6:50PM
  So fa things ain't looking good for UA or Maryland.** -- alleyoop hoo 06/28/2020 8:23PM
  Yep! ** -- Birddog 06/28/2020 12:30PM

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