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lumberpack4 Offline
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Post: #21
RE: ACC School Revenues
(11-26-2014 03:57 PM)nole Wrote:  Some athletic endowment figures for you (below). Tough to get figures. What is most surprising is how wealthy UNC/Ga Tech/UVA/Duke are....they have the means to compete with SEC schools.

2003
THE TOP 10

The biggest athletic endowments among selected major universities, 2002- 2003 academic year:

School Endowment

1. Stanford $270 million

2. Notre Dame $130 million

3. North Carolina $106 million

4. USC $100 million

5. Duke $63 million

6. Texas A&M $45 million

7. Virginia $35 million

8. Michigan $31.7 million

9. Cal $30 million

10. Florida $24.1 million


More recent figures:

How Do Athletics Endowments Measure Up? 20-Jul-09
At every college, athletics endowments are dwarfed by their universitywide counterparts. Even the University of North Carolina at Chapel Hill's sports endowment, the largest in a Chronicle survey, is one-tenth the size of the university's total endowment. But that gap shrinks, and often reverses, when the endowments are measured on a per-student and per-scholarship-athlete basis. By that measure, North Carolina has endowed its athletes four times as much as other undergraduates. Below are the top 10 athletics endowments, based on the survey, and how they stack up against their institutions' overall endowments.
Institution Sports endowment Athletes Endowment per athlete Overall endowment Undergraduates Endowment per student
1. U. of North Carolina at Chapel Hill $212,000,000 437 $485,126 $2,164,444,000 17,628 $122,784
2. Duke U. $150,717,426 339 $444,594 $5,910,280,000 6,394 $924,348
3. Boston College $100,000,000 262 $381,679 $1,670,092,000 9,860 $169,380
4. Georgia Tech $80,058,950 292 $274,174 $1,608,682,000 12,565 $128,028
5. U. of Virginia $61,873,981 477 $129,715 $4,370,209,000 15,078 $289,840
6. U. of Washington $56,000,000 380 $147,368 $2,184,374,000 28,570 $76,457
7. U. of Georgia $51,000,000 403 $126,551 $705,316,000 25,335 $27,840
8. Pennsylvania State U. $49,390,069 450 $109,756 $1,590,000,000 36,815 $43,189
9. U. of Connecticut $48,051,366 340 $141,328 $337,945,000 16,348 $20,672
10. Ohio State U. $46,139,682 660 $69,909 $2,338,103,000 39,209 $59,632


2014 2013 2012

FSU $65,000,000
FSU (Foundation Figures) $44,214,594
Stanford $600,000,000
Notre Dame $270,000,000
North Carolina $212,000,000
USC
Duke $140,000,000
Ga Tech $65,000,000



(11-26-2014 10:20 AM)CardinalZen Wrote:  
(11-26-2014 09:17 AM)Hallcity Wrote:  I think Louisville posters have indicated in the past that their school is including the entire income from the Yum Center as athletic department income even though the University doesn't even own the Yum Center.

No. UofL gets ticket, suite, concessions, and parking revenue from the arena which is considered as basketball revenue. The funds allocated to the Arena Authority from these revenues are not entered into the the athletic department's books. UofL gets no revenue from other unrelated arena events.

I'm not sure of where the "unallocated" funds come from. It's probably the student athletic fees and how accounting is done for athletic department use of university owned buildings..

(11-26-2014 09:17 AM)Hallcity Wrote:  I would guess that they were trying to hype the value of their athletic department in an effort to get into a major conference. They're in now but they can't suddenly report a drop in athletic department income without people asking questions.
Your insight is remarkable.
01-wingedeagle

It seems like these reported revenues are around $7 million lower than last year. I don't know why. Perhaps it's related to leaving some revenues with the AAC?

(11-26-2014 09:17 AM)Hallcity Wrote:  One other factor that probably isn't included is endowment income. I don't know about the other schools but Duke has an athletic endowment fund that was $180 million a few years ago. With the improvement in the stock market it's probably a lot bigger now. I doubt that the income from that is included in Duke's numbers. I doubt that contributions to the athletic endowment fund are included in Duke's reported athletic department income. Other schools have athletic endowment funds as well. I don't think anyone has a handle on how big they are. It's not the ACC but I remember hearing that Stanford's athletic endowment was approaching $1 billion! The athletic endowments are going to become bigger and bigger factors as time goes on.
I've never seen anything published about any athletic endowment at UofL.

In general, I could see where institutions wouldn't report endowment revenue on the AD balance sheet if it was setup as a separate entity. But if any funds were released to the AD, then those funds would likely show up as revenue.

Now if the athletic endowment spent any funds on facilities and keep them on their books, then the use of those might show up on the AD's books as an expense, e.g. rent, etc.

This stuff gets tricky because of the Title IX requirements. I could see it getting ugly if it looks like accounting tricks were being used to skirt those.

http://virginiaathleticsfoundation.com/a...e-stack-up

UVa tracks such numbers for the ACC on their Athletic Support Site for 2012 they listed:

UNC 170M
Duke 140M
BC 112M
GT 105M
UVA 60M
FSU 55M
VT 42M
WF 26M
NC State 25M
Miami 15M
Clemson 3M

All athletic scholarships at UNC are fully endowed. However the way it works is that the Ed Foundation (Ram's Club) funds scholarships after the student get's all others - so a Morehead Scholar at UNC on say the Soccer Team, will have the cost of his education paid by the Morehead Scholarship, not Athletic Endowment money.
(This post was last modified: 11-26-2014 09:28 PM by lumberpack4.)
11-26-2014 09:23 PM
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XLance Offline
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Post: #22
RE: ACC School Revenues
(11-26-2014 01:00 AM)lumberpack4 Wrote:  
(11-25-2014 03:20 PM)cuseroc Wrote:  Here are the figures for all the Acc full members:
Louisville's figures are pretty good considering they are missing at least 10 million from not being in the Acc in 2013:

FSU $104,420,339

Louisville $89,428,348

Syracuse $87,647,822

Virginia $80,983,121

UNC $79,845,782

Duke $79,499,503

Clemson $73,791,753

VT $73,015,503

Miami $71,785,978

NC State $70,500,811

Pitt $66,089,664

BC $65,229,918

Wake $56,247,495

GT $55,526,101


Really shocked to see GT at dead last in the Acc. For some reason, I thought they would be in the top half.

What doesn't always show on that site is the amount of money the University transfers into their athletic program for annual expenditures. What's reported on that site is almost always a gross revenue total that has entered the athletic department, it looks like "revenue" but revenue transferred in from the university's general fund is not real revenue.

To give an example http://www.usatoday.com/sports/college/s.../finances/

USA today attempted to show that for most schools back in 2012. Back then their numbers detailed internal transfers from the University into athletics of:

MD $15 million
UVa $13 million
Louis $11 million
UNC $ 9 million
VT $ 8 million
FSU $7.5 million
GT $ 7 million
NCSU $6 million
Clemson $ 3.5 million

They omitted numbers for Duke, Wake, Miami, etc.

To get a real "net" revenue number, you have to back out discretionary internal university donations. Then the game becomes how it's shown from an accounting standpoint.

Sometimes that money is a student fee, sometimes it's a student charge for tickets, sometimes it's just a donation

If you look at the US Department of Ed site under the "Not Allocated" revenue line, you will find some of that internal transfer, but not necessarily all - it depends on the schools internal accounting practices.

To give an example in NC:

WF's Not Allocated line is $16 million
Duke's NA line is $3 million
State's NA line is $9 million
UNC's NA line is $15 million

You really do need an audit to determine how much real money is made versus how much loss is paper over and how much revenue is hidden elsewhere.

Historically NC State as a university, has not directly supported it's athletics, for many years the University "donation" to sports has been in the $2 million range. Carolina has always provided much more support to it's programs, and Duke has bled off revenues from basketball into a direct contribution what is the defacto Duke general fund. UVa pumps a lot of money into it's programs, but UVa can afford to do that with a $4 billion endowment. You can see why MD was going broke with the huge internal transfer, but MD needed cut sports and raise more money from the time Len Bias died and Lefty was fired, 25 years ago but they didn't do anything for decades and for years they were bailed out by the MD transfer support.

I may be totally wrong, but I thought I read somewhere that Louisville showed all revenue coming through the YUM center as a revenue for the sports program, which is different from being a tenant in an arena or having a smaller venue that has less revenue and less operating costs.

Always remember when you are hiring an accountant - ask the right question first:

What is 2 plus 2?

If the applicant says 4 put her application in the maybe pile.
If the applicant says 5 put his application in the trash can.
If the applicant say "what do you want it to be" offer them the job. 04-cheers

Carolina's "gift" of $9M was made to the University from the Rams Club. The Rams Club, since it's founding in 1938 has paid the scholarship costs for all of Carolina's athletes.
As tuition has continued to rise the Rams Club contributions continue to increase too The "gift" is projected to be $15.8 million for school year '14-'15 and all the way up to $21.1M for school year '17-'18.
11-26-2014 09:57 PM
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nole Offline
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Post: #23
RE: ACC School Revenues
(11-26-2014 09:23 PM)lumberpack4 Wrote:  
(11-26-2014 03:57 PM)nole Wrote:  Some athletic endowment figures for you (below). Tough to get figures. What is most surprising is how wealthy UNC/Ga Tech/UVA/Duke are....they have the means to compete with SEC schools.

2003
THE TOP 10

The biggest athletic endowments among selected major universities, 2002- 2003 academic year:

School Endowment

1. Stanford $270 million

2. Notre Dame $130 million

3. North Carolina $106 million

4. USC $100 million

5. Duke $63 million

6. Texas A&M $45 million

7. Virginia $35 million

8. Michigan $31.7 million

9. Cal $30 million

10. Florida $24.1 million


More recent figures:

How Do Athletics Endowments Measure Up? 20-Jul-09
At every college, athletics endowments are dwarfed by their universitywide counterparts. Even the University of North Carolina at Chapel Hill's sports endowment, the largest in a Chronicle survey, is one-tenth the size of the university's total endowment. But that gap shrinks, and often reverses, when the endowments are measured on a per-student and per-scholarship-athlete basis. By that measure, North Carolina has endowed its athletes four times as much as other undergraduates. Below are the top 10 athletics endowments, based on the survey, and how they stack up against their institutions' overall endowments.
Institution Sports endowment Athletes Endowment per athlete Overall endowment Undergraduates Endowment per student
1. U. of North Carolina at Chapel Hill $212,000,000 437 $485,126 $2,164,444,000 17,628 $122,784
2. Duke U. $150,717,426 339 $444,594 $5,910,280,000 6,394 $924,348
3. Boston College $100,000,000 262 $381,679 $1,670,092,000 9,860 $169,380
4. Georgia Tech $80,058,950 292 $274,174 $1,608,682,000 12,565 $128,028
5. U. of Virginia $61,873,981 477 $129,715 $4,370,209,000 15,078 $289,840
6. U. of Washington $56,000,000 380 $147,368 $2,184,374,000 28,570 $76,457
7. U. of Georgia $51,000,000 403 $126,551 $705,316,000 25,335 $27,840
8. Pennsylvania State U. $49,390,069 450 $109,756 $1,590,000,000 36,815 $43,189
9. U. of Connecticut $48,051,366 340 $141,328 $337,945,000 16,348 $20,672
10. Ohio State U. $46,139,682 660 $69,909 $2,338,103,000 39,209 $59,632


2014 2013 2012

FSU $65,000,000
FSU (Foundation Figures) $44,214,594
Stanford $600,000,000
Notre Dame $270,000,000
North Carolina $212,000,000
USC
Duke $140,000,000
Ga Tech $65,000,000



(11-26-2014 10:20 AM)CardinalZen Wrote:  
(11-26-2014 09:17 AM)Hallcity Wrote:  I think Louisville posters have indicated in the past that their school is including the entire income from the Yum Center as athletic department income even though the University doesn't even own the Yum Center.

No. UofL gets ticket, suite, concessions, and parking revenue from the arena which is considered as basketball revenue. The funds allocated to the Arena Authority from these revenues are not entered into the the athletic department's books. UofL gets no revenue from other unrelated arena events.

I'm not sure of where the "unallocated" funds come from. It's probably the student athletic fees and how accounting is done for athletic department use of university owned buildings..

(11-26-2014 09:17 AM)Hallcity Wrote:  I would guess that they were trying to hype the value of their athletic department in an effort to get into a major conference. They're in now but they can't suddenly report a drop in athletic department income without people asking questions.
Your insight is remarkable.
01-wingedeagle

It seems like these reported revenues are around $7 million lower than last year. I don't know why. Perhaps it's related to leaving some revenues with the AAC?

(11-26-2014 09:17 AM)Hallcity Wrote:  One other factor that probably isn't included is endowment income. I don't know about the other schools but Duke has an athletic endowment fund that was $180 million a few years ago. With the improvement in the stock market it's probably a lot bigger now. I doubt that the income from that is included in Duke's numbers. I doubt that contributions to the athletic endowment fund are included in Duke's reported athletic department income. Other schools have athletic endowment funds as well. I don't think anyone has a handle on how big they are. It's not the ACC but I remember hearing that Stanford's athletic endowment was approaching $1 billion! The athletic endowments are going to become bigger and bigger factors as time goes on.
I've never seen anything published about any athletic endowment at UofL.

In general, I could see where institutions wouldn't report endowment revenue on the AD balance sheet if it was setup as a separate entity. But if any funds were released to the AD, then those funds would likely show up as revenue.

Now if the athletic endowment spent any funds on facilities and keep them on their books, then the use of those might show up on the AD's books as an expense, e.g. rent, etc.

This stuff gets tricky because of the Title IX requirements. I could see it getting ugly if it looks like accounting tricks were being used to skirt those.

http://virginiaathleticsfoundation.com/a...e-stack-up

UVa tracks such numbers for the ACC on their Athletic Support Site for 2012 they listed:

UNC 170M
Duke 140M
BC 112M
GT 105M
UVA 60M
FSU 55M
VT 42M
WF 26M
NC State 25M
Miami 15M
Clemson 3M

All athletic scholarships at UNC are fully endowed. However the way it works is that the Ed Foundation (Ram's Club) funds scholarships after the student get's all others - so a Morehead Scholar at UNC on say the Soccer Team, will have the cost of his education paid by the Morehead Scholarship, not Athletic Endowment money.



Great info....thanks.

Always shocked at how the richest schools in the ACC aren't competing in football. The $$$$ is there, but is the will. I think we know this is the core issue with the ACC.

If the richest schools won't compete in football, where 80% of revenue comes from, there is a BIG problem.


The other shocker is where Clemson and Miami are on this list.
11-28-2014 11:38 AM
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Hokie Mark Offline
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Post: #24
RE: ACC School Revenues
(11-28-2014 11:38 AM)nole Wrote:  ...Always shocked at how the richest schools in the ACC aren't competing in football. The $$$$ is there, but is the will. I think we know this is the core issue with the ACC.

If the richest schools won't compete in football, where 80% of revenue comes from, there is a BIG problem...

Isn't it ironic that the ACC was created specifically because the old Southern Conference didn't want to compete at the highest level of football (bowl games at that time), but then not long after the ACC was formed it was hijacked by schools who wanted it to become a sort of Southern version of the Ivy League...

1) The ACC will NEVER be the Ivy League.
2) The ACC will inevitably fail as a major sports conference if it keeps trying to be.

There are recent positive signs, but those positives need to persist for decades in order to guarantee success (IMO). No idea if that will happen,
11-28-2014 01:23 PM
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Hallcity Offline
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Post: #25
RE: ACC School Revenues
(11-28-2014 11:38 AM)nole Wrote:  
(11-26-2014 09:23 PM)lumberpack4 Wrote:  
(11-26-2014 03:57 PM)nole Wrote:  Some athletic endowment figures for you (below). Tough to get figures. What is most surprising is how wealthy UNC/Ga Tech/UVA/Duke are....they have the means to compete with SEC schools.

2003
THE TOP 10

The biggest athletic endowments among selected major universities, 2002- 2003 academic year:

School Endowment

1. Stanford $270 million

2. Notre Dame $130 million

3. North Carolina $106 million

4. USC $100 million

5. Duke $63 million

6. Texas A&M $45 million

7. Virginia $35 million

8. Michigan $31.7 million

9. Cal $30 million

10. Florida $24.1 million


More recent figures:

How Do Athletics Endowments Measure Up? 20-Jul-09
At every college, athletics endowments are dwarfed by their universitywide counterparts. Even the University of North Carolina at Chapel Hill's sports endowment, the largest in a Chronicle survey, is one-tenth the size of the university's total endowment. But that gap shrinks, and often reverses, when the endowments are measured on a per-student and per-scholarship-athlete basis. By that measure, North Carolina has endowed its athletes four times as much as other undergraduates. Below are the top 10 athletics endowments, based on the survey, and how they stack up against their institutions' overall endowments.
Institution Sports endowment Athletes Endowment per athlete Overall endowment Undergraduates Endowment per student
1. U. of North Carolina at Chapel Hill $212,000,000 437 $485,126 $2,164,444,000 17,628 $122,784
2. Duke U. $150,717,426 339 $444,594 $5,910,280,000 6,394 $924,348
3. Boston College $100,000,000 262 $381,679 $1,670,092,000 9,860 $169,380
4. Georgia Tech $80,058,950 292 $274,174 $1,608,682,000 12,565 $128,028
5. U. of Virginia $61,873,981 477 $129,715 $4,370,209,000 15,078 $289,840
6. U. of Washington $56,000,000 380 $147,368 $2,184,374,000 28,570 $76,457
7. U. of Georgia $51,000,000 403 $126,551 $705,316,000 25,335 $27,840
8. Pennsylvania State U. $49,390,069 450 $109,756 $1,590,000,000 36,815 $43,189
9. U. of Connecticut $48,051,366 340 $141,328 $337,945,000 16,348 $20,672
10. Ohio State U. $46,139,682 660 $69,909 $2,338,103,000 39,209 $59,632


2014 2013 2012

FSU $65,000,000
FSU (Foundation Figures) $44,214,594
Stanford $600,000,000
Notre Dame $270,000,000
North Carolina $212,000,000
USC
Duke $140,000,000
Ga Tech $65,000,000



(11-26-2014 10:20 AM)CardinalZen Wrote:  
(11-26-2014 09:17 AM)Hallcity Wrote:  I think Louisville posters have indicated in the past that their school is including the entire income from the Yum Center as athletic department income even though the University doesn't even own the Yum Center.

No. UofL gets ticket, suite, concessions, and parking revenue from the arena which is considered as basketball revenue. The funds allocated to the Arena Authority from these revenues are not entered into the the athletic department's books. UofL gets no revenue from other unrelated arena events.

I'm not sure of where the "unallocated" funds come from. It's probably the student athletic fees and how accounting is done for athletic department use of university owned buildings..

(11-26-2014 09:17 AM)Hallcity Wrote:  I would guess that they were trying to hype the value of their athletic department in an effort to get into a major conference. They're in now but they can't suddenly report a drop in athletic department income without people asking questions.
Your insight is remarkable.
01-wingedeagle

It seems like these reported revenues are around $7 million lower than last year. I don't know why. Perhaps it's related to leaving some revenues with the AAC?

(11-26-2014 09:17 AM)Hallcity Wrote:  One other factor that probably isn't included is endowment income. I don't know about the other schools but Duke has an athletic endowment fund that was $180 million a few years ago. With the improvement in the stock market it's probably a lot bigger now. I doubt that the income from that is included in Duke's numbers. I doubt that contributions to the athletic endowment fund are included in Duke's reported athletic department income. Other schools have athletic endowment funds as well. I don't think anyone has a handle on how big they are. It's not the ACC but I remember hearing that Stanford's athletic endowment was approaching $1 billion! The athletic endowments are going to become bigger and bigger factors as time goes on.
I've never seen anything published about any athletic endowment at UofL.

In general, I could see where institutions wouldn't report endowment revenue on the AD balance sheet if it was setup as a separate entity. But if any funds were released to the AD, then those funds would likely show up as revenue.

Now if the athletic endowment spent any funds on facilities and keep them on their books, then the use of those might show up on the AD's books as an expense, e.g. rent, etc.

This stuff gets tricky because of the Title IX requirements. I could see it getting ugly if it looks like accounting tricks were being used to skirt those.

http://virginiaathleticsfoundation.com/a...e-stack-up

UVa tracks such numbers for the ACC on their Athletic Support Site for 2012 they listed:

UNC 170M
Duke 140M
BC 112M
GT 105M
UVA 60M
FSU 55M
VT 42M
WF 26M
NC State 25M
Miami 15M
Clemson 3M

All athletic scholarships at UNC are fully endowed. However the way it works is that the Ed Foundation (Ram's Club) funds scholarships after the student get's all others - so a Morehead Scholar at UNC on say the Soccer Team, will have the cost of his education paid by the Morehead Scholarship, not Athletic Endowment money.



Great info....thanks.

Always shocked at how the richest schools in the ACC aren't competing in football. The $$$$ is there, but is the will. I think we know this is the core issue with the ACC.

If the richest schools won't compete in football, where 80% of revenue comes from, there is a BIG problem.


The other shocker is where Clemson and Miami are on this list.

The thing is that there is no simple relationship between money spent and results achieved in football or any other sport. For proof, see Texas. Could any ACC school be confident of getting far more football victories by spending far more money on football? I doubt it. The problem isn't so much money as it is culture. College football just isn't as big a thing in most of the ACC's footprint as it is in the SEC's footprint. You can't change that with money.
11-28-2014 01:38 PM
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clev04 Offline
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Post: #26
RE: ACC School Revenues
(11-26-2014 11:26 AM)TexanMark Wrote:  
(11-26-2014 10:56 AM)Marge Schott Wrote:  FSU does not give money to athletics. There is a student athletic fee that, from what I've seen, almost every school has. That money's sole purpose is for athletics. It's not taken from the universities general fund.

I also know many schools charge for student tickets to football games. FSU does not. Every single sporting event is free to students (with exceptions based upon student section size and whether it is full/"sold out"). So basically, it's just a way to charge students for tickets without the hassle of making them buy them for every event they want to attend.

So basically FSU gives money to athletics then...03-lmfao

At SU there is no student athletic fee and students buy their tickets. Yes that sucks for the students...they should just charge all students $100 (or whatever) and issue "free" tickets.

Just another example of a school being proactive, I bring this up on our board and I get laughed at. Some Syracuse fans and I guess Syracuse in general are so against being progressive and in turn are so reactionary; they let the times pass them by and then play catch up.03-banghead03-banghead
11-30-2014 11:09 AM
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TexanMark Offline
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Post: #27
RE: ACC School Revenues
(11-28-2014 01:38 PM)Hallcity Wrote:  
(11-28-2014 11:38 AM)nole Wrote:  
(11-26-2014 09:23 PM)lumberpack4 Wrote:  
(11-26-2014 03:57 PM)nole Wrote:  Some athletic endowment figures for you (below). Tough to get figures. What is most surprising is how wealthy UNC/Ga Tech/UVA/Duke are....they have the means to compete with SEC schools.

2003
THE TOP 10

The biggest athletic endowments among selected major universities, 2002- 2003 academic year:

School Endowment

1. Stanford $270 million

2. Notre Dame $130 million

3. North Carolina $106 million

4. USC $100 million

5. Duke $63 million

6. Texas A&M $45 million

7. Virginia $35 million

8. Michigan $31.7 million

9. Cal $30 million

10. Florida $24.1 million


More recent figures:

How Do Athletics Endowments Measure Up? 20-Jul-09
At every college, athletics endowments are dwarfed by their universitywide counterparts. Even the University of North Carolina at Chapel Hill's sports endowment, the largest in a Chronicle survey, is one-tenth the size of the university's total endowment. But that gap shrinks, and often reverses, when the endowments are measured on a per-student and per-scholarship-athlete basis. By that measure, North Carolina has endowed its athletes four times as much as other undergraduates. Below are the top 10 athletics endowments, based on the survey, and how they stack up against their institutions' overall endowments.
Institution Sports endowment Athletes Endowment per athlete Overall endowment Undergraduates Endowment per student
1. U. of North Carolina at Chapel Hill $212,000,000 437 $485,126 $2,164,444,000 17,628 $122,784
2. Duke U. $150,717,426 339 $444,594 $5,910,280,000 6,394 $924,348
3. Boston College $100,000,000 262 $381,679 $1,670,092,000 9,860 $169,380
4. Georgia Tech $80,058,950 292 $274,174 $1,608,682,000 12,565 $128,028
5. U. of Virginia $61,873,981 477 $129,715 $4,370,209,000 15,078 $289,840
6. U. of Washington $56,000,000 380 $147,368 $2,184,374,000 28,570 $76,457
7. U. of Georgia $51,000,000 403 $126,551 $705,316,000 25,335 $27,840
8. Pennsylvania State U. $49,390,069 450 $109,756 $1,590,000,000 36,815 $43,189
9. U. of Connecticut $48,051,366 340 $141,328 $337,945,000 16,348 $20,672
10. Ohio State U. $46,139,682 660 $69,909 $2,338,103,000 39,209 $59,632


2014 2013 2012

FSU $65,000,000
FSU (Foundation Figures) $44,214,594
Stanford $600,000,000
Notre Dame $270,000,000
North Carolina $212,000,000
USC
Duke $140,000,000
Ga Tech $65,000,000



(11-26-2014 10:20 AM)CardinalZen Wrote:  No. UofL gets ticket, suite, concessions, and parking revenue from the arena which is considered as basketball revenue. The funds allocated to the Arena Authority from these revenues are not entered into the the athletic department's books. UofL gets no revenue from other unrelated arena events.

I'm not sure of where the "unallocated" funds come from. It's probably the student athletic fees and how accounting is done for athletic department use of university owned buildings..

Your insight is remarkable.
01-wingedeagle

It seems like these reported revenues are around $7 million lower than last year. I don't know why. Perhaps it's related to leaving some revenues with the AAC?

I've never seen anything published about any athletic endowment at UofL.

In general, I could see where institutions wouldn't report endowment revenue on the AD balance sheet if it was setup as a separate entity. But if any funds were released to the AD, then those funds would likely show up as revenue.

Now if the athletic endowment spent any funds on facilities and keep them on their books, then the use of those might show up on the AD's books as an expense, e.g. rent, etc.

This stuff gets tricky because of the Title IX requirements. I could see it getting ugly if it looks like accounting tricks were being used to skirt those.

http://virginiaathleticsfoundation.com/a...e-stack-up

UVa tracks such numbers for the ACC on their Athletic Support Site for 2012 they listed:

UNC 170M
Duke 140M
BC 112M
GT 105M
UVA 60M
FSU 55M
VT 42M
WF 26M
NC State 25M
Miami 15M
Clemson 3M

All athletic scholarships at UNC are fully endowed. However the way it works is that the Ed Foundation (Ram's Club) funds scholarships after the student get's all others - so a Morehead Scholar at UNC on say the Soccer Team, will have the cost of his education paid by the Morehead Scholarship, not Athletic Endowment money.



Great info....thanks.

Always shocked at how the richest schools in the ACC aren't competing in football. The $$$$ is there, but is the will. I think we know this is the core issue with the ACC.

If the richest schools won't compete in football, where 80% of revenue comes from, there is a BIG problem.


The other shocker is where Clemson and Miami are on this list.

The thing is that there is no simple relationship between money spent and results achieved in football or any other sport. For proof, see Texas. Could any ACC school be confident of getting far more football victories by spending far more money on football? I doubt it. The problem isn't so much money as it is culture. College football just isn't as big a thing in most of the ACC's footprint as it is in the SEC's footprint. You can't change that with money.

Spot on...I think it is improving though. Adding Louisville was a positive. Still TBD on Cuse and Pitt for Football. Both fanbases will only come out for winning teams.
11-30-2014 12:07 PM
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TexanMark Offline
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Post: #28
RE: ACC School Revenues
(11-30-2014 11:09 AM)clev04 Wrote:  
(11-26-2014 11:26 AM)TexanMark Wrote:  
(11-26-2014 10:56 AM)Marge Schott Wrote:  FSU does not give money to athletics. There is a student athletic fee that, from what I've seen, almost every school has. That money's sole purpose is for athletics. It's not taken from the universities general fund.

I also know many schools charge for student tickets to football games. FSU does not. Every single sporting event is free to students (with exceptions based upon student section size and whether it is full/"sold out"). So basically, it's just a way to charge students for tickets without the hassle of making them buy them for every event they want to attend.

So basically FSU gives money to athletics then...03-lmfao

At SU there is no student athletic fee and students buy their tickets. Yes that sucks for the students...they should just charge all students $100 (or whatever) and issue "free" tickets.

Just another example of a school being proactive, I bring this up on our board and I get laughed at. Some Syracuse fans and I guess Syracuse in general are so against being progressive and in turn are so reactionary; they let the times pass them by and then play catch up.03-banghead03-banghead

Agreed...our burden to shoulder in the "315"
11-30-2014 12:08 PM
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dopeordogfood Offline
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Post: #29
RE: ACC School Revenues
Need more proof of why football is important? Just look at Kentucky. The Football team earns almost $10 million more in revenue than basketball for averaging 2 or 3 wins a year. LOL
12-02-2014 04:03 PM
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orangefan Offline
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RE: ACC School Revenues
Revenues for the prior two years.

[Image: acc.png]
(This post was last modified: 12-04-2014 08:37 AM by orangefan.)
12-04-2014 08:37 AM
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cuseroc Offline
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RE: ACC School Revenues
(12-04-2014 08:37 AM)orangefan Wrote:  Revenues for the prior two years.

[Image: acc.png]

Looks like you left out the Ville.
12-04-2014 09:50 AM
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Marge Schott Offline
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RE: ACC School Revenues
Not sure why Maryland dropped so much, the ACC withholding revenue? But FSU "dropped" because, like I already said, ~$12M of that 2011-12 revenue was one-time donations to build our ipf.
12-04-2014 11:40 AM
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orangefan Offline
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RE: ACC School Revenues
(12-04-2014 09:50 AM)cuseroc Wrote:  
(12-04-2014 08:37 AM)orangefan Wrote:  Revenues for the prior two years.

[Image: acc.png]

Looks like you left out the Ville.

Louisville was at $96,193,329 for 2012-13 and $87,840,501 for 2011-12.
12-04-2014 11:55 AM
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Marge Schott Offline
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RE: ACC School Revenues
Part of Louisville's boost was a one-time big east payment from the basketball only schools, right?
(This post was last modified: 12-04-2014 02:14 PM by Marge Schott.)
12-04-2014 02:10 PM
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CollegeCard Offline
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Post: #35
RE: ACC School Revenues
(12-04-2014 02:10 PM)Marge Schott Wrote:  Part of Louisville's boost was a one-time big east payment from the basketball only schools, right?

I don't have link confirmation but I'm fairly sure the departing all-sport schools were not part of the distribution with that basketball only money.
12-04-2014 02:35 PM
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CardinalZen Offline
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Post: #36
RE: ACC School Revenues
(12-04-2014 02:35 PM)CollegeCard Wrote:  
(12-04-2014 02:10 PM)Marge Schott Wrote:  Part of Louisville's boost was a one-time big east payment from the basketball only schools, right?

I don't have link confirmation but I'm fairly sure the departing all-sport schools were not part of the distribution with that basketball only money.

Only speculating, but I think this reduction is having no distribution of funds from the AAC as part of the separation agreement.

UofL doesn't share any of the settlement with the basketball schools, as this came after they announced the move to the ACC.
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Wilkie01 Offline
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RE: ACC School Revenues
(12-04-2014 02:10 PM)Marge Schott Wrote:  Part of Louisville's boost was a one-time big east payment from the basketball only schools, right?

Very wrong. Louisville did not get any of that money!07-coffee3
12-04-2014 03:02 PM
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Marge Schott Offline
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RE: ACC School Revenues
Hence the reason for the question...
12-04-2014 03:20 PM
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