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A Letter From John Currie

I received this letter today, and since it was a mass mailing that other K-Staters have received, we may as well share it here.  If someone's got a problem with that...well, just tell me.

However, I think this is good information for all K-Staters to have.

July 10, 2009


Dear K-State Alumni and Friends,

I am pleased to announce to you our "K-State Pledge," a series of accountability measures and core values that will serve as the foundation of our vision for a model intercollegiate athletics program.

A model intercollegiate athletics program can signify many things but we have five core measures that we will use here at K-State to define a model program. When people are talking about intercollegiate athletics and the programs in the nation that do it right, Kansas State should and can be one of those model programs.

Our goals will be:

  • A world-class student-athlete experience.

  • Value to the university, community and state.

  • Ethical, compliance and fiscal integrity and transparency.

  • Championship-level athletic performances.

  • The best fan experience in the Big 12 Conference.

In order to achieve this vision and goals, we will take several proactive steps immediately to regain the trust of the K-State community.

In a follow-up to the recent University exit analysis conducted for the Kansas Board of Regents and to meet its mission of being fiscally compliant, we intend to retain Deloitte & Touche LLP, a nationally recognized Big Four accounting firm, to assist in the continued analysis of the department's business policies and practices and financial processes.

In addition, we have implemented the following procedures to improve fiscal accountability:

  • Both the Athletics Director and the Vice President for Administration and Finance must sign off on all expenditures of $50,000 or more.

  • I will personally review and approve all departmental expenses for the foreseeable future.

  • My personal business expenses will be regularly reviewed by the Vice President for Administration and Finance.

  • All contracts -- including personnel, contest agreements, service and purchasing -- must be reviewed and approved by University counsel and/or Vice President for Administration and Finance office. 

An integral part of the "K-State Pledge" is transparency regarding how donor contributions and ticket purchases are allocated and utilized by the department.

Student-athletes and their experience at K-State are at the forefront of our mission.  Your gifts and ticket purchases will always be used only to benefit Wildcat student-athletes, through scholarships, services, such as academic support and sports medicine, or direct competition needs of our teams. No monies received directly from fans or donors will be used on expenses related to buyouts of previous contracts.

Recently publicized buyout obligations will be funded from K-State's annual Big 12 and NCAA revenue-shared distributions. K-State receives approximately $9 million annually in Big 12 Conference and NCAA revenue distributions derived largely from television contracts, bowl agreements, NCAA post-season basketball and conference championship events.  

Your input and support is very important to us, so please continue to send us your thoughts, concerns and suggestions. As always, thank you for your continued support of K-State Athletics.
Go Cats!

John Currie
Director of Athletics
jcurrie@kstatesports.com

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Comments

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I am glad for this:
Both the Athletics Director and the Vice President for Administration and Finance must sign off on all expenditures of $50,000 or more.

The schools I work for normally require 2 sigs for anything over $500.

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on Jul 10, 2009 9:46 AM CDT reply actions   0 recs

You have to strike a balance in the bureaucracy...

You want to have necessary checks and balances, but you also don’t want so much red tape that nothing ever gets done.

Two signatures should be sufficient. Especially if one does not report to the other.

As long as Schulz doesn’t pull a Wefald, we should be fine. It’s when the person with the ultimate power decides to mingle that you have problems.

Bring on the Cats
"Without getting into specifics, my exit involves a McFlurry machine and a video tape of risque commercials from overseas." -- Jack Donaghy

by Panjandrum on Jul 10, 2009 10:05 AM CDT up reply actions   0 recs

good enough for me

It’s always nice to hear things like this come from the higher ups. We will have to wait and see what happens in the future but with the situation the previous dude with no cells left in his brain left us in, I think Currie is definitely getting started on the right foot. Hopefully these kind of letters to fans will lead to fans trusting Currie and not holding back for what Krause did to us.

GO STATE!!!!

by wabasher on Jul 11, 2009 12:03 AM CDT reply actions   0 recs

One thing I've seen...

…some people talking about regarding this story that I just had to address. A lot of people are saying “what kind of idiots does Currie think we are? Money’s fungible, it all goes in and it all gets spent, so who cares whether he tells us he’s not spending ticket money and private donations on the buyouts, because if the NCAA/Big 12 money has to go to that, then the private money has to go to something else it wouldn’t have because of the buyouts!”

To some extent, I agree that the distinction Currie’s making here may be a little fine in the practical sense. But it’s an important gesture that shows he understands the gravity of the situation here. Currie realizes how big of a deal this is to the fans and this is his way of showing it. It’s the hand he was dealt and he’s doing what he can with it.

Now, I want to see what this ticket initiative is that he’s talking about today.

We'll carry the banner high!
Bring On The Cats

by TB on Jul 13, 2009 8:17 AM CDT reply actions   0 recs

Yes...is there a presser?

Hail to the Purple, Hail to the White
Wildcat in spirit, Wildcat in fight
Hail Alma Mater from sea to sea
Onward forever, Hail Victory!

by MadCat on Jul 13, 2009 8:24 AM CDT up reply actions   0 recs

I think so

Not sure what time. The athletic department Web site probably has the info.

We'll carry the banner high!
Bring On The Cats

by TB on Jul 13, 2009 8:53 AM CDT up reply actions   0 recs

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