Friday, March 29, 2024

Lake Erie College struggles to repay bond debt

Lake Erie College struggles to repay bond debt

Lake Erie College Struggles to Repay Bond Debt

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Another college in northeast Ohio is facing serious financial difficulties.

Lake Erie College, in Painesville, about 30 miles northeast of Cleveland, entered into a forbearance agreement with lenders after it fell short of certain commitments it made when it sold municipal bonds to finance campus facilities projects, Bloomberg reported (subscription required).

Bloomberg reported that the small independent college didn't achieve a ratio designed to show that it had enough money available to pay its debts, and it also had just seven days' cash on hand instead of the 25 required by the covenants in the bond deal.

Forbearance is considered a default event, Bloomberg reported.

Lakeland Community College and Baldwin-Wallace University, also near Cleveland, have reported significant deficits and made meaningful budget cuts in recent months.


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Wednesday, March 27, 2024

NJCAA COVID RULES SEASONS OF COMPETITION - Spring Sport Edition 2 seasons not counted 2019-20 & 2020-21

FYI - Those having questions about COVID & THE NJCAA Spring Sport kids

1) 201920 - https://www.njcaa.org/general/2019-20/releases/20200316k2au00 - Spring 2020 NJCAA Spring Sports Kids that lost a season - did not lose a season per the release

2) 202021 - https://www.njcaa.org/general/2019-20/releases/20200316k2au00 - COVID 202021 Give Back - No competition used if they participate per release

3) 202122 - NJCAA back to normal seasons used and semesters used

NJCAA COVID LINK - https://www.njcaa.org/covid19

NJCAA did not give back semesters - but June 2023 NCAA Gave JUCO kids a semester back -  I have a copy of the release/educational column - page 4 & 5

Hope this helps


Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Tuesday, March 26, 2024

Lake Erie College struggles to repay bond debt

Lake Erie College struggles to repay bond debt

Lake Erie College Struggles to Repay Bond Debt

You have /5 articles left.
Sign up for a free account or log in.

Another college in northeast Ohio is facing serious financial difficulties.

Lake Erie College, in Painesville, about 30 miles northeast of Cleveland, entered into a forbearance agreement with lenders after it fell short of certain commitments it made when it sold municipal bonds to finance campus facilities projects, Bloomberg reported (subscription required).

Bloomberg reported that the small independent college didn't achieve a ratio designed to show that it had enough money available to pay its debts, and it also had just seven days' cash on hand instead of the 25 required by the covenants in the bond deal.

Forbearance is considered a default event, Bloomberg reported.

Lakeland Community College and Baldwin-Wallace University, also near Cleveland, have reported significant deficits and made meaningful budget cuts in recent months.


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Absurdity of NCAA Transfer Portal

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Spring 2024 Dyson Bowers Case Analysis #3 HHP 420 - Tennessee NIL Violations Spring 2024

OREGON YOUTH BASEBALL EMBEZZLMENT 202324

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


HS Coach Sues after Firing Nevada

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


SWIMMER DIES AT RECREATIONAL AREA 202324

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Saturday, March 23, 2024

Jobs in athletics

https://workforcenow.adp.com/mascsr/default/mdf/recruitment/recruitment.html?cid=7137837f-5f45-46c7-bb9e-ceb9eafaea50&ccId=19000101_000001&jobId=499272&source=CC2&lang=en_US

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Coach charged with recording video in girls locker room - WV MetroNews

Coach charged with recording video in girls locker room - WV MetroNews

Coach charged with recording video in girls locker room

RAVENSWOOD, W.Va. — A middle school track coach in Jackson County was arrested this week on charges he used his phone to film underaged girls getting undressed in a school locker room.

Ravenswood Police charged Thomas Allen Haines, 28, with two counts of producing child erotica and two counts of criminal invasion of privacy.

Officers were called to Ravenswood Grade School Thursday where they say Haines actually showed them the video he had taken in the dressing room of the school's girls track team. As far as police can tell, there was only one girl filmed in the act of changing clothes. She is also the one who noticed the phone hidden in the room and alerted her coach. The coach immediately alerted authorities.

Ravenswood Police Chief Lance Morrison said in the press release it appeared she was the only victim, but they were investigating and would take appropriate steps if they found additional victims.

Police say when confronted Haines showed them the video and admitted he'd put the phone in the same dressing room earlier in the week and recorded video of the same girl.

Haines is lodged in the South Central Regional Jail in lieu of bond.


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Breaking: Joe Manhertz out as St. Bonaventure Director of Athletics  – The Bona Venture

Breaking: Joe Manhertz out as St. Bonaventure Director of Athletics  – The Bona Venture

Breaking: Joe Manhertz out as St. Bonaventure Director of Athletics

Photo: St. Bonaventure University

BY ALLIE ELKINS, SPORTS EDITOR

In the aftermath of public outcry from the St. Bonaventure community surrounding the athletic department's handling of a National Invitation Tournament bid, Joe Manhertz resigned as St. Bonaventure's Director of Athletics, sources told The Bona Venture Friday night.

When reached by phone, Joe Manhertz, now former Bonaventure director of athletics, hung up on The BV. A high-ranking university official did not deny that Manhertz is out as athletic director, sources told the BV Friday night.

Manhertz's departure comes in the aftermath of a community and alumni upheaval following St. Bonaventure's decision to opt out of the NIT, sources told the BV Friday night.

Manhertz delivered a letter of resignation to university leadership on Friday evening, sources said.

In an interview with the BV on Thursday morning, Manhertz admitted to a lack of understanding about the importance of the NIT to the Bonaventure administration, community and alumni base.

"For alumni and fans that the NIT means something to, that's a dichotomy that I didn't appreciate," said Manhertz. "What I learned is that [the NIT] means a lot more to the Bonaventure alumni than it does to the Bonaventure players."

Public outcry began following an ESPN graphic displayed during Tuesday's Xavier vs. Georgia NIT game that listed Bonaventure among 17 schools to opt out of the tournament.

Bonaventure did not release a statement until Wednesday afternoon. The statement explained the university's decision to decline any possible bid. Reasons included the transfer portal and injury concerns. However, a timeline of events on the decision was not given until Manhertz's discussion in front of a Jandoli School classroom Thursday morning.

Manhertz revealed to the BV that players found out about the decision along with the general public Tuesday night. 

"We didn't communicate to the players," said Manhertz. "We did that [Tuesday], after everything blew up."

Manhertz expressed concerns over potential motivation following player meetings on Sunday.

"If they tell us they're leaving and then we say, 'Guys, we got one more game so suit up.' That's rolling the dice on what kids are going to do," said Manhertz. "How much are they going to give?" 

Manhertz explained to the BV on Thursday that the university's decision to opt out was never intended for the public.

"We notified the NCAA. Did we think it was gonna leak?" said Manhertz. "Obviously not."

In an article published by the BV Thursday afternoon, new quotes from Manhertz amplified discourse among fans and the community on social media. The BV article ultimately contributed to Manhertz's resignation, sources say.

In his two and a half years as Bonaventure director of athletics, Manhertz has been publicly linked with two other director of athletics jobs at UNC Wilmington and Colgate, sources say.

The fact that Manhertz was openly pursuing other jobs concerned the university and raised questions about his ability to lead, sources say.

In his two and a half years at Bonaventure, it was Manhertz who spearheaded the effort to keep head coach Mark Schmidt from accepting a job at the University of Massachusetts in 2022. Manhertz made the final contractual offer to keep Schmidt at Bonaventure, despite a larger offer from UMASS, sources say.

University officials declined to comment, but a formal announcement of his departure is expected soon.

This article is a work in progress, check back for updates.

elkinsae23@bonaventure.edu


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Friday, March 22, 2024

James Madison Athletics Student Fees Hit Record $53.3M in FBS Shift

James Madison Athletics Student Fees Hit Record $53.3M in FBS Shift

James Madison's Record $53M in Student Fees Tops All Public Schools

James Madison University has found virtually instant success at the FBS level, both in football and men's basketball. The Dukes have also relied on an unprecedented amount of funding direct from other JMU students. 

The James Madison athletic department spent $68 million on athletics in fiscal 2023 and reported funding $53.3 million of it via mandatory student fees, charged annually to every JMU student as part of their tuition. It's by far the largest sum of any public school in the country, $23 million more than Old Dominion's student fee subsidy.

JMU's undergraduate tuition is $30,790 per year for out-of-state students and $13,576 per year for in-state students. The mandatory student fee, which is included in those totals, is $5,662 for 2024. That fee covers a number of things—transportation services, student health initiatives, facility maintenance—but by far the biggest piece, $2,362 per student per year, is earmarked for funding athletics.

The JMU men's basketball team faces Wisconsin ($0 in student fees) at 9:40 p.m. ET Friday in the first round of the NCAA Tournament. 

Not only is the $53.3 million tops in 2023, it's also the highest total Sportico has seen in six-plus years of sourcing annual revenue/expense reports for every public athletic department in college football's top division. It's bigger than the total 2023 athletics operating budget for more than 40 FBS schools, and almost equal to James Madison's entire athletics budget the prior year ($57.8 million). 

Framed another way, the student fee total is nearly 4x the revenue actually generated by the athletic department in fiscal 2023 ($13.4 million) from tickets, media rights, donations and other income. The Dukes played their first season in the Sun Belt conference in 2022, part of a transition from FCS to FBS, and are yet to receive a full share of conference distributions.

JMU is required by state law to limit its student fees to a specific percentage of athletics funding—that limit was 70% in its previous conference, and is now 55% as a member of the Sun Belt. An athletics spokesman said in an email that the school was on a state-approved timeline to meet that requirement, and attributed the growing student fee total to a few specific budget increases.

First, he said, the fee collections increased to cover $4 million in deferred debt payments, which the school was permitted to push back to alleviate budgeting concerns during the COVID-19 pandemic. Second, JMU has leaned on student fees to help cover other revenue increases that might eventually be covered by the full Sun Belt revenue share. Those increases include $1.7 million associated with a state-mandated salary raise, and $1.3 million in increased travel costs. 

"JMU's plan to manage student fee revenue was presented to and approved by the state prior to its Sun Belt move," the spokesman said in an email. "The university is employing that plan, which allows for seven years to be fully compliant with the 55% limit."

Only a small number of the richest athletic departments in college sports finance their operations without using additional funds from the academic side of the institution. For the vast majority that rely on money from other parts of campus, they report those subsidies in four main categories: direct institutional support, indirect institutional support (athletics debt service, rent), government support, and student fees. 

Of those four, the direct institutional support is the largest among the country's biggest public athletic departments, with more than $1 billion reported transferred in this manner by the FBS public schools in 2023, according to Sportico's college finance database. Student fees are the second largest, at $668.5 million.

JMU's football team went 11-1 this past regular season and spent part of the year ranked in the AP poll. The men's basketball team went 31-3, winning the Sun Belt tournament and earning its first March Madness berth since 2013. 

More March Madness stories:
-March Madness 2024: 16% of Women's Players From Outside U.S.
-First Four Team or Normal 16-Seed? NEC Commish Prefers the Former
-Kentucky's Dillingham in March Madness as Ex-OTE Mates Sue NCAA
-Disney Sales Team Cleans Up on March Madness Ad Market
First Four Team or Normal 16-Seed? NEC Commish Prefers the Former
Drake Tightropes Between Athletic Success, Academic Reform


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2023–24 Index ncaa d2 sports ratings

Great link to see who should make the NCAA D2 tournaments


https://inkblotsports.com/d2stats/2324/index.html

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HS AD IN HAWAII CAUGHT STEALING $$$$$$$ 202324

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Costs of Building Facilities doubles - 202324

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Fundraising Activities - Wiffle Ball money maker 202324

Sean McAndrews, MA
Associate AD Senior Compliance, Administration
3047664122 office
West Virginia State University
MEC CHARTER MEMBER

https://ncaad2rules.blogspot.com/


"Experience is what you get, when you don't get what you wanted" 

Randy Pausch CMU Last Lecture


Please report IT, COL and Physical Facilities issues by sending an email with complete information to the appropriate address:


Thursday, March 21, 2024

Marketing and Communications Specialist - Wheeling, WV - Indeed.com

Marketing and Communications Specialist - Wheeling, WV - Indeed.com

Marketing and Communications Specialist

Profile insights

Here's how the job qualifications align with your profile.

POSITION SUMMARY:

The Marketing and Communications Specialist is responsible for the creation, distribution, and analytics of external and internal firm communications as well as supporting other content-driven functions of the Marketing and Business Development Department. The Marketing and Communications Specialist will develop, edit, and distribute content to various target audiences on several platforms (website, intranet, email, social media, etc.). The Marketing and Communications Specialist is expected to leverage their creative and technical skills to support the firm's strategic goals. The position is open to any of our demographic regions in WV, TX, OH, CO, KY, PA, OK.

PRIMARY DUTIES AND RESPONSIBILITIES:

  • Drafts press releases, survey and nomination submissions, announcements, invitations, website content, presentations, ad copy, brochure content, and custom materials, for external consumption.
  • Supports the writing, formatting, review, approval, and distribution process for client alerts and other content.
  • Ensures existing collateral materials are kept up to date and develops new materials as needed.
  • Maintains and shares tracking and analytics reports on communication efforts and media tracking.
  • Supports presentation development as needed.
  • Serve as a point of contact for media inquiries and works with external publications and media contacts for the dissemination of firm news, events, announcements, and other appropriate content.
  • Assists with pitch development and helping to pull content as needed.
  • Provides event support such as developing invitation copy, distributing electronic invitations, and creating and maintaining invitation lists.
  • Supports the production, implementation, and post-event follow-up items and tracking of the firm's webinars.
  • Updates mailing lists and contact records in the email management system.
  • Enforces and coordinates updates to the firm's style guide.
  • Performs marketing and business development research as needed and required.
  • Coordinates with other team members to complete Marketing and Business Development goals and initiatives.
  • Creates relationships with digital and print outlets to foster appropriate publication and reuse of written marketing content.
  • Serves as a member of the internal proofing team, responsible for proofing internal and external messaging prior to publication, through approved proofing protocols and procedures.
  • Identifies areas that can benefit from content review, refresh, and updates, as well as areas where content can be newly created and developed.
  • Helps to add content to the firm's website as needed, but especially for client alerts, press releases, announcements, and brochures.

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

EDUCATION: Undergraduate degree (Marketing, Journalism or English degree is preferred).

WORK EXPERIENCE: 3-5 years' experience in a communications role. Experience in a law firm or professional services firm preferred.

The position is open to any of our demographic regions in WV, TX, OH, CO, KY, PA, OK.

Job Types: Full-time, Permanent

Pay: $48,500.00 - $72,000.00 per year

Benefits:

  • 401(k)
  • Dental insurance
  • Employee assistance program
  • Flexible spending account
  • Health insurance
  • Health savings account
  • Paid time off
  • Professional development assistance

Location Type:

  • In-person

Schedule:

  • Day shift

Education:

  • Bachelor's (Required)

Experience:

  • communications: 3 years (Required)

Work Location: In person


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NACDA Webinar On-Demand: Questions That Must Be Answered Before Athletes Can Become Employees



---------- Forwarded message ---------
From: NACDA <nacda.affiliates@nacda.com>
Date: Thu, Mar 21, 2024 at 10:07 AM
Subject: NACDA Webinar On-Demand: Questions That Must Be Answered Before Athletes Can Become Employees
To: <mcandrse@wvstateu.edu>


 

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Are you wondering...
What happens if student-athletes unionize? 
Following the NLRB's initial ruling in that Dartmouth men's basketball student-athletes are employees, and their subsequent vote to unionize, attorneys Ksenia Maiorova and John Mazzeo joined host (and attorney) Kristi Dosh to discuss questions that need to be addressed before student-athletes can become employees. The discussion includes an in-depth look at the implications for international student-athletes and also thoughts on how athletics departments can start preparing now for the myriad of new issues they'll face if student-athletes are compensated as employees.
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Listen to the Podcast
If you aren't able to sit down and watch the webinar recording, you can also listen to the audio as a podcast at your desk or on the go.
NIL @ #NACDA24
Hotel and Convention registration for #NACDA24 is now live. The NIL Educational Seminar in-person programming is set for Sunday, June 9, and is open to all Convention attendees for an additional registration fee of $150.
In case you missed it...
Examining NIL for International Students
NIL_Programming_110123_300_2676600.jpg In the second installment of NACDA's NIL Educational Programming for 2023-24, attorneys Ksenia Maiorova and Amy Maldonado join host Kristi Dosh for a discussion on name, image and likeness (NIL) for international student-athletes. From how international student-athletes can take advantage of passive NIL opportunities to the other types of visas they might qualify for, the women break down a number of scenarios to help administrators understand more about this complex topic so they can keep athletes safe.
Navigating group licensing at every level
NIL_Programming_110123_300_2676600.jpg The first NACDA Webinar On-Demand in the 2023-24 NIL Educational Programming series focused on Navigating Group Licensing at Every Level. In this session, Marty Ludwig, Associate VP of Trademarks and Licensing at University of Cincinnati and Ryan Moss, VP of Licensing at The Brandr Group discuss how group licensing has evolved alongside NIL, how it can be implemented by any school in any division, and the programs generating the most opportunities for both institutions and athletes. 
National Association of Collegiate Directors of Athletics (NACDA)
 
(440) 892-4000  |  nacda.com  |  @nacda

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