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Post by BearClause on Jul 8, 2020 17:56:59 GMT -5
This should underscore just how important athletic department finances are - specifically. We're seeing a lot of colleges cut programs because of Covid, or at least exacerbated by Covid. I commonly hear, "but this university has a huge endowment, no problem." Nothing could be further from the truth that a university's general endowment is some sort of reserve fund for anything and everything. Yes, the board of regents or board of trustees or whatever body could choose to shuffle money from the general endowment elsewhere. But, that's a big hurdle and not the norm. Some do. I'm pretty sure the service academies just write off everything from the general fund. Maybe Patriot League and Ivy League?
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Post by gwvb12 on Jul 8, 2020 17:57:09 GMT -5
Would be interested to hear how much of a pay cut the AD took before deciding to pull the rug out from underneath all of these kids. Seeing how Stanford Athletics is apparently in such poor economic shape and all.
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Post by jgrout on Jul 8, 2020 18:27:48 GMT -5
Let’s hope this is a wake up call to every Mens Program that increasing their fan base and game attendance needs to be one of their priorities. Start reaching out to High School and Club teams within an hour’s drive and make it an event! I know there were issues with the culture of community involvement with Stanford Athletics but hopefully the other schools see this as some fire lit under their butts do build their program and grow the sport in general. Pretty tough to see any growth potential in a sport that continues to remain one where you really only have any chance at playing D1 if you can afford the “premier” clubs centralized around the wealthier parts of the country... Stanford Athletics has never really been a huge draw except for a few select teams. Their main arena is tiny. They don't have a large alumni base, although they have some really rich alumni donors. But they had a ton of non revenue sports. I guess it worked when they had enough income from football and basketball. And when they treated fans... including donors of thousands of dollars a year... as if they mattered. That ended years ago in WVB.
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Post by hapaguy on Jul 8, 2020 19:38:15 GMT -5
$27 billion endowment. Surely they can run these small and fairly inexpensive programs on just a part of the interest this money earns, right? EXACTLY! That's the first thing I though of also! They have one of, if not the largest endowment! I just don't understand this.....it makes no sense....
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Post by UHvbFan on Jul 8, 2020 21:38:32 GMT -5
Is the value of a Stanford degree more than the value of playing your final seasons of elgibility in men's volleyball? ABSOLUTELY!
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Post by Reach on Jul 8, 2020 21:49:04 GMT -5
Stanford is a leader in so many ways. This was not one of them.
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Post by vballfreak808 on Jul 8, 2020 21:50:54 GMT -5
Jaylen started as a Freshman so he should only have a year left. Actually, with the blanket waiver, he is again a “junior” in 20-21 eligibility-wise. He has two years remaining. Shocked/saddened by this news as well. That's quite lucky for him eligibility wise since he can play the final season at Stanford while graduating in four years and potentially play his fifth year elsewhere. I'm sure he'd rather stay at Stanford but it can still work out.
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beachdude
Junior
The Volleyball Made Me Do it!
Posts: 423
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Post by beachdude on Jul 8, 2020 21:54:21 GMT -5
So sorry to hear. Sad for the players, the coaches and the sport. Bad day for us.
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Post by hayven on Jul 8, 2020 22:16:44 GMT -5
Actually, with the blanket waiver, he is again a “junior” in 20-21 eligibility-wise. He has two years remaining. Shocked/saddened by this news as well. That's quite lucky for him eligibility wise since he can play the final season at Stanford while graduating in four years and potentially play his fifth year elsewhere. I'm sure he'd rather stay at Stanford but it can still work out. He will probably go pro after getting his undergraduate degree?
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Post by Disc808 on Jul 8, 2020 23:15:07 GMT -5
That's quite lucky for him eligibility wise since he can play the final season at Stanford while graduating in four years and potentially play his fifth year elsewhere. I'm sure he'd rather stay at Stanford but it can still work out. He will probably go pro after getting his undergraduate degree? This makes the most sense to me. Finish out what would be his senior season, and go pro. No sense transferring unless his priority is getting a master’s
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Post by alexm on Jul 9, 2020 1:20:29 GMT -5
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Post by Disc808 on Jul 9, 2020 1:37:06 GMT -5
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Post by Disc808 on Jul 9, 2020 1:40:14 GMT -5
Thank you for posting this... absolutely devastating for current and future athletes
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Post by junior1 on Jul 9, 2020 9:36:33 GMT -5
Just think this is an a.d. pruning his tree. Stanford had many A.D.s in the past who embraced sports and wanted to make their students happy by providing many opportunities to grow into well rounded intelligent citizaens, so they offered as many activities as was plausible. However, the ammount of work and support having all these activities is huge. The current a.d. with a background in traditional sports just pruned his tree. Nothing more, nothing less. Although the covid matter allowed him to rationalize his desire for an easier life. I bet he has been thinking about this for a long time and he was able to get some trustees on board with him. There are a lot of people who are pro certain sports and activities and biased against others. Hooefully, those intelligent kids with the desire to continue their activities now choose a university that provides them an opportunity to pursue their academic passions along with their sporting life passions. Stanford just became a little less special.
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Post by binexus on Jul 9, 2020 11:17:38 GMT -5
Someone I know was in talks with the Stanford MVB recruiting staff a little bit before COVID-19 became so prominent and shut down travel between countries. Stanford had expressed interest, but the last email that was received from Stanford (which asked about more information from them) was on March 20th, 2020. After that, it was radio silent. At the time, the recruit thought that they had maybe found someone else or had lost interest, but it might have been the Athletic department telling them (and possibly other sports) to stop recruiting efforts.
In light of this news, this puts an additional perspective on this and I am just so sad for the players involved--past, present, and future.
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