A Contrary View On The Athletic Dept.

The website, L.A. Material, has a lengthy story on USC and its efforts to recover from scandals and financial problems.

This line drew my attention:

“Knowledgeable sources say some of USC’s biggest units — its engineering and medical schools and athletics department — continue to lose money.”

The story does not elaborate but if the athletic dept. is losing money that is a problem, especially after Jen Cohen recently said revenue is “up almost 60 percent over a three-year span.”

The story was co-written by Matt Hamilton, who won a Pulitzer Prize for the L.A. Times investigation into George Tyndall.

  • Another interesting detail from the story is that John Mork, a member of the Board of Trustees, pledged $110 million to underwrite full-tuition scholarships for undergraduates but did not keep up the payments and USC was forced to underwrite the scholarships. The university wound down the program around 2020.

The story also mentions that during a board committee meeting early in the term of president Carol Folt, Mork soliticited her input by saying something like, “Let’s see what the girl has to say.”

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