Louisiana Schools Struggle to Fund Athletics | New Orleans News

Louisiana’s public universities are drowning in athletic debt, with LSU barely scraping by as the only profitable program—most others are hemorrhaging cash or breaking even. To survive, schools are turning to new economic development districts that tap into existing sales tax revenue, a move now legally available to all state universities after recent legislative approval. While not originally meant for sports, these districts are seen as a lifeline. But controversy looms: LSU’s district faces a lawsuit over its legality, accused of bypassing voter approval. Meanwhile, other schools are exploring conference switches and non-athletic events to boost revenue, as nationwide Division I programs continue to spend more than they earn—often at the expense of students who pay thousands annually to support them. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4e64f8ca10ff132f