Big 12 Expansion: Florida State Not Quite As Broke As It Seemed

As Tomahawk Nation's Bud Elliott tried to tell you, Florida State isn't quite as broke as certain financial revelations would cause it to appear. FSU's budget status has helped ramp up hopes within the fan base of a Big 12 exit, but the situation isn't quite as dire as that reported $2.4 million deficit would make it appear.

From Warchant's transcript of Spetman's explanation:

The athletic department has a $1.5 million reserve that the boosters are holding for us that we have had there and we were looking maybe long term and that can be a possibility, in which it still will, to use that for the painting of the stadium. Well in the short term and what we know for the future and we're not ready to paint the stadium for a few years, we were going to go to the president and be allowed to use that $1.5 million. So we have closed that gap, and we will go into next year with a balanced budget for next year.

You can assume FSU fans would prefer to be in the Big 12 than the ACC whether there's technically a deficit or enough stuff can be slid around to make the whole thing float. Because the stadium needs painted, everyone. It makes the whole thing look nice, sure, but it's also vital to the preservation of the facility. It's why they constantly paint the Brooklyn Bridge. Like, they just paint and re-paint that thing all year long. You should read "The World Without Us." It mentions that kind of stuff. There are also videos about it on YouTube.

Think about that, 'Noles.

Check out the SB Nation Channel on YouTube

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.