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Archive for May 17, 2018

May 17, 2018 — 500 million reasons

Yesterday, Michigan State University announced that it would be setting aside up to a half-billion (that’s “billion,” with a “b”) dollars as a payment fund for victimized women athletes in the Larry Nasser matter.

That’s roughly the entire current intercollegiate athletics budget as spent by Michigan State University in a four-year timespan. It is also about 40 percent of Michigan State University’s entire budget for the 2018 fiscal year.

This tells you a couple of things. One, Michigan State University is not a university crying poverty. Its income, from tuition, endowments, intercollegiate athletics sponsorships, and from the government of the State of Michigan, is free-flowing.

But a half-billion dollars is impactful. And it should be, as the conspiracy to shield Nassar enveloped dozens of individuals and lasted a decade and a half.

Currently, the university is paying the brunt of the penalty.

It shouldn’t be that way.

USA Gymnastics, which has been shown to have been rotten to the core since Don Peters was accused of sexual abuse as early as 2011, is being investigated for its role in the affair. The investigations are from federal and state agencies, including the Texas Rangers, who are currently investigating the role of coaches Martha and Bela Karolyi in all of this.

Somehow, this is not going to end well for anyone in that governing body.