TexanMark
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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.
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.
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