LSU to Receive Annual Financial Support from Athletics

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The Louisiana State University Board of Supervisors voted unanimously Friday to approve a pipeline of financial support between athletics and academics that is believed to be the first of its kind in the nation.

Schools' athletic departments - including LSU's - have kicked in to general campus coffers during times of budgetary crisis, but the new LSU arrangement to transfer $36 million from athletics to the university at large over five years is unprecedented.

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