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ODU Featured: College athletics finance: Non-Power 5 schools face huge money p
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GreenSteve Offline
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ODU Featured: College athletics finance: Non-Power 5 schools face huge money p
ODU moved to C-USA from the Colonial Athletic Association in 2013. Selig said ODU was getting "several hundred thousand dollars" in conference revenue distribution each year in the CAA and that in the C-USA that will soon be $2.2 million or $2.3 million per year. Still, that pales in comparison to the roughly $21 million in conference revenue distribution that SEC members got a year ago.

"The high-resource schools have means available to them that most of us will never enjoy," Selig says. "That's OK. Because at the end of the day, in football they can still only sign 85 scholarships. In (men's) basketball, they can only sign 13. There are thousands of great athletes throughout this country and internationally that give Division I institutions a huge pipeline for athletic talent that goes beyond those 65 high-resource institutions. They just can't capture all the talent, despite all the facilities they're going to build and all the coaches they're going to pay."

http://www.usatoday.com/story/sports/col.../27971457/
(This post was last modified: 05-27-2015 02:29 PM by shiftyeagle.)
05-26-2015 07:20 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
Interesting. It looks like G5 schools are going to have to depend completely on private donors, ticket sales, and corporate sponsors. It's sickening that the P5 takes in so much more revenue.
05-26-2015 08:18 PM
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paintedblue2 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
I think all of the G5 schools are going to have to be proactive and creative in order to make up the gap to cover COA. The next several years are going to be challenging in that regard.

Here's to the conference, and all of the CUSA programs finding a way to not only survive, but to thrive in this new reality. 04-cheers
05-26-2015 08:24 PM
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Dawgxas Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees
(This post was last modified: 05-26-2015 10:36 PM by Dawgxas.)
05-26-2015 10:35 PM
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devyanks90 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Because Virginia state law requires all athletic funding to come from the school and not from the state's general fund. Virginia schools are perennially at the top of that list.
05-26-2015 10:43 PM
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paintedblue2 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Also interesting that the very next line said it was down to 65% in 2013-14. Nice attempt at "spin by omission."

I am proud that ODU is finding a way to make FBS football succeed, including COA funding, all while cutting the percentage of reliance upon student fees. Our athletic foundation raised $4.2M last year, and giving has increased by 10% three years running.
(This post was last modified: 05-26-2015 11:04 PM by paintedblue2.)
05-26-2015 11:00 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-26-2015 10:43 PM)devyanks90 Wrote:  
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Because Virginia state law requires all athletic funding to come from the school and not from the state's general fund. Virginia schools are perennially at the top of that list.

No different from NC schools.
05-27-2015 09:08 AM
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Monarchist13 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 09:08 AM)919R Wrote:  
(05-26-2015 10:43 PM)devyanks90 Wrote:  
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Because Virginia state law requires all athletic funding to come from the school and not from the state's general fund. Virginia schools are perennially at the top of that list.

No different from NC schools.

The only states that have this as a state law are Tennessee and Virginia;
http://usatoday30.usatoday.com/sports/co...ssee_N.htm
(This post was last modified: 05-27-2015 09:40 AM by Monarchist13.)
05-27-2015 09:35 AM
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mturn017 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 09:08 AM)919R Wrote:  
(05-26-2015 10:43 PM)devyanks90 Wrote:  
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Because Virginia state law requires all athletic funding to come from the school and not from the state's general fund. Virginia schools are perennially at the top of that list.

No different from NC schools.

VA's law actually requires athletic funding not from self supporting revenues to come from student fees, no other school funds are allowed.

I'm not sure what else is included in the law as far as athletic budget reporting but it seems JMU at least (and probably other VA schools) have items in their athletic budget that most schools from other states don't, marching band, cheer squads and I think debt service on athletic facilities. With the new law the reporting will most likely be changed, according to JMU fans their subsidy percentage which is being reported now at over 80% will drop into the 60's just due to accounting changes. When their Carr report came out, somewhere in there it made mention to the fact that if JMU were in another state NC) its athletic budget would be about 5 million dollars less due to accounting changes presumably much of this would be subsidized.

It'll be interesting what VA schools start reporting as far as athletic budget goes once the new law goes into effect. I imagine overall budget and amount subsidized will both decrease.
05-27-2015 10:11 AM
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monarchoptimist Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and play multiple body-bag games in football every year.

Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.
05-27-2015 10:44 AM
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ChooChoo Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-26-2015 08:24 PM)paintedblue2 Wrote:  I think all of the G5 schools are going to have to be proactive and creative in order to make up the gap to cover COA. The next several years are going to be challenging in that regard.

Here's to the conference, and all of the CUSA programs finding a way to not only survive, but to thrive in this new reality. 04-cheers

http://www.forwhomthecowbelltolls.com/20...on-jerseys

All kidding aside, what are the rules of corporate sponsorships on the uniforms, like in NASCAR, Boxing, Soccer, etc?
I'm sure Nike and the others would be against it but it would be a huge cash grab. Although it detracts from the uniform's purity, I wish there was a way the G5 could tap in to this without the P5 following suit...because they would...and with better sponsors with more money.
05-27-2015 11:33 AM
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Monarchist13 Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 11:33 AM)ChooChoo Wrote:  
(05-26-2015 08:24 PM)paintedblue2 Wrote:  I think all of the G5 schools are going to have to be proactive and creative in order to make up the gap to cover COA. The next several years are going to be challenging in that regard.

Here's to the conference, and all of the CUSA programs finding a way to not only survive, but to thrive in this new reality. 04-cheers

http://www.forwhomthecowbelltolls.com/20...on-jerseys

All kidding aside, what are the rules of corporate sponsorships on the uniforms, like in NASCAR, Boxing, Soccer, etc?
I'm sure Nike and the others would be against it but it would be a huge cash grab. Although it detracts from the uniform's purity, I wish there was a way the G5 could tap in to this without the P5 following suit...because they would...and with better sponsors with more money.

You mean turning the student athletes into walking billboards for something other than the school and Nike (or whatever brand the school has a contract with)? I'm sure that would go over really well.
05-27-2015 11:57 AM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 10:44 AM)monarchoptimist Wrote:  I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and play multiple body-bag games in football every year.

Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.

Eastern Michigan has a budget of $30 million. Of course 83% of it is in subsidy but they spend $30 million. They've not won a conference title in football since 1987 or been to the Dance since 1998 but they spend $30 million. 03-wink
(This post was last modified: 05-27-2015 12:24 PM by arkstfan.)
05-27-2015 12:24 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 12:24 PM)arkstfan Wrote:  
(05-27-2015 10:44 AM)monarchoptimist Wrote:  I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and play multiple body-bag games in football every year.

Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.

Eastern Michigan has a budget of $30 million. Of course 83% of it is in subsidy but they spend $30 million. They've not won a conference title in football since 1987 or been to the Dance since 1998 but they spend $30 million. 03-wink

Yep, It doesn't mean much (until you get into the actual revenue producing programs). Especially for schools with high student enrollment and subsidies
05-27-2015 12:28 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 12:16 PM)Dawgxas Wrote:  
(05-27-2015 10:44 AM)monarchoptimist Wrote:  I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and [b]play multiple body-bag games in football every year.
[/b]
Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.

Yeah that's it

Life lesson, it is not how much you have or make but what you do with what you have. I know people that make twice as much as I do but are poorer.

27 million in the hole is not sustainable.

Well with any luck maybe we can close up shop on football, forget this ever happened and get the hell out of here and away from jackasses like yourself. I thought our old conference's messageboard was bad, damn. Most of this **** ain't even worth reading.
05-27-2015 12:30 PM
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monarchoptimist Offline
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 12:24 PM)arkstfan Wrote:  
(05-27-2015 10:44 AM)monarchoptimist Wrote:  I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and play multiple body-bag games in football every year.

Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.

Eastern Michigan has a budget of $30 million. Of course 83% of it is in subsidy but they spend $30 million. They've not won a conference title in football since 1987 or been to the Dance since 1998 but they spend $30 million. 03-wink

No doubt budget isn't the only factor involved in success. But it is naive to believe it isn't a significant factor in developing, sustaining and, perhaps most importantly, capitalizing on success.

Arkansas State hasn't been to the Dance since 1999 but I'm sure the peanuts you spend on basketball has no impact 07-coffee3 .
05-27-2015 12:50 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
Interesting that I saw this at lunch today myself. Odd how ODU keeps popping up about this stuff. No offense to ODU as its free pub. They made a lot of interesting arguments.
05-27-2015 12:56 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-27-2015 12:50 PM)monarchoptimist Wrote:  
(05-27-2015 12:24 PM)arkstfan Wrote:  
(05-27-2015 10:44 AM)monarchoptimist Wrote:  I find it extraordinary that CUSA has members with budgets below $25 million. I can understand how the MAC gets away with it being a much tighter knit league but some CUSA team's budgets must be strapped given the travel costs. The budget numbers illuminate why some members of the conference can't put together a decent OOC basketball schedule and play multiple body-bag games in football every year.

Only a single Sun Belt school over $30 million. That should shed some light on a front runner if CUSA needs to add another team soon.

Eastern Michigan has a budget of $30 million. Of course 83% of it is in subsidy but they spend $30 million. They've not won a conference title in football since 1987 or been to the Dance since 1998 but they spend $30 million. 03-wink

No doubt budget isn't the only factor involved in success. But it is naive to believe it isn't a significant factor in developing, sustaining and, perhaps most importantly, capitalizing on success.

Arkansas State hasn't been to the Dance since 1999 but I'm sure the peanuts you spend on basketball has no impact 07-coffee3 .

We prefer football. As they say in message board land, it drives the bus.

We also exercise fiscal restraint. Bumped our budget four million while reducing the percentage of budget from subsidy.
(This post was last modified: 05-27-2015 01:00 PM by arkstfan.)
05-27-2015 12:58 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
(05-26-2015 11:00 PM)paintedblue2 Wrote:  
(05-26-2015 10:35 PM)Dawgxas Wrote:  Interesting, ODU had the fourth highest G5 deficit (highest deficit in CUSA) at -26.8million and in 2013 73% of ODU athletic budget was from student fees

Also interesting that the very next line said it was down to 65% in 2013-14. Nice attempt at "spin by omission."

I am proud that ODU is finding a way to make FBS football succeed, including COA funding, all while cutting the percentage of reliance upon student fees. Our athletic foundation raised $4.2M last year, and [b]giving has increased by 10% three years running.[/b]

That's impressive, seriously
05-27-2015 01:00 PM
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RE: ODU Featured: College athletics finance report: Non-Power 5 schools face huge money p
Quote:Still, that pales in comparison to the roughly $21 million in conference revenue distribution that SEC members got a year ago.

Earned.
05-27-2015 01:26 PM
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