ULM Budget Woes

Oddly enough, one of Louisiana’s wealthiest alumni is an African Banker with his MBA from UL. Dude is worth a few billion. Seriously.

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Interesting tidbit on this. As part of Maggard’s contract, he has a flat $50,000 buyout should he decide to leave before the end of his contract. However, because T-Joe is no longer President, Maggard’s buyout drops by 50%.