Lubbock Avalanche-Journal’s Don Williams reported that Texas Tech had revenue of $146.8 million with expenses of $136.4 million for a net of $10.4 million. There’s a lot of data here and information if you are at all interested in this sort of thing and archive.today is your friend. Basically, the reason for the increase was because of an increase in donations, which was then used to pay down the short-term debt because of rising interest rates. The article notes that the overall debt was $111 million in 2015 and that’s been reduced to $52 million since then in order to take on the debt from the south end zone construction project, which has received $102 million with the original goal being $100 million as part of a $242 million project.

When construction is complete, Tech will purchase the buildings from the Red Raider Facilities Foundation and plans to pay off the remainder via philanthropic gifts, financing, game-day premium revenue and operating revenue.

Asked if he expected to see annual operating revenue stay around $146 million, Botros said, “Yes and no. I definitely don’t think it will stay there, for example, for this fiscal year, because we don’t have nearly as much debt that we’re going to pay down this year. We really took care of a lot of it last year.

“Now, going into FY ’25, I think we could see another shift (upward), because once Red Raider Facilities Foundation allows the university to purchase back the project from them — the south end zone and the Womble Football Center — then we will have a much larger debt payment there, and then we will also have significant gifts that continue to come in that we will pay down debt with.

“So for FY ’24, I wouldn’t expect it to have such a large increase like we saw in ’23, but I think in ’25 we could see a pretty substantial increase again.”

Former Red Raider footballer and head coach Kliff Kingsbury is on the move to Vegas. Wonder if he’ll have a good time there.

Raiders are expected to hire former Cardinals’ head coach Kliff Kingsbury as their offensive coordinator, per league sources.

— Adam Schefter (@AdamSchefter) February 2, 2024

I’m not sure what to do with this. Grant Gilbert is a musician who attended Texas Tech and I’m pretty sure that Joey McGuire is a huge fan and Gilbert wrote a song called Hub City Shakedown, complete with McGuire playing air guitar, which I sort of love.

Texas Tech baseball arrives at No. 20 in the National Collegiate Baseball Writers Association preseason poll and checked in at No. 18 in the Baseball America Top 25 preseason poll.

Also, I haven’t seen a projected lineup, but this looks about right.

Texas Tech lost some good players in the portal, but the team was so deep, that there is still plenty to like. Confident Kash, Bazzell, Green, and Harrelson will mash. Intrigued by Tracer Lopez’s next step, TJ Pompey’s debut, if Owen Washburn can re-discover his 2022 form. pic.twitter.com/P5545AhlX2

— Pro Baseball Radar (@BaseballRadar) February 1, 2024

The Lady Raiders head to Cincinnati tomorrow to take on the Bearcats, tip-off at 1:00 p.m. and I’ll have a preview of Texas Tech hosting Cincy with the game at 5:00 p.m.