Tuesday, October 18, 2016

GSU president: I will not stop until athletics turns a profit

GRAMBLING, Louisiana -- College athletics can be viewed as a cash cow across the country, but the reality is few athletic departments turn a profit.

In Louisiana, LSU is the lone public institution that consistently generates a profit, and none of the nine schools in the University of Louisiana System are self-sufficient.

New Grambling president Rick Gallot plans to change that.

"We definitely will do a better job going forward in the business of athletics," Gallot said at Wednesday's News-Star editorial board. "If you look at the UL system as a whole, not one school, not even (Louisiana) Tech, turns a profit in athletics. If there's a school that can turn a profit in athletics, I think it's Grambling.

"I will not stop until that happens. Period. Our brand is too big. We're too well known not to run the kind of business I know we can, and we will."


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