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New Athletic Department Revenues
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EnterSandman Offline
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Post: #1
New Athletic Department Revenues
Info From Equity in Athletics

Atlantic Coast Conference

Reporting Year: 7/1/2014 - 6/30/2015

01.) Florida State University - $121,319,469
02.) University of Notre Dame - $121,260,381
03.) University of Louisville - $104,325,208
04.) Duke University - $91,688,202
05.) Syracuse University - $87,175,761
06.) University of Virginia - $87,059,237
07.) Virginia Polytechnic Institute and State University - $81,298,133
08.) University of Miami - $77,724,833
09.) Clemson University - $76,979,261
10.) North Carolina State University at Raleigh - $76,839,435
11.) University of Pittsburgh - $70,527,488
12.) Boston College - $69,300,736
13.) Georgia Institute of Technology - $65,304,486
14.) Wake Forest University - $58,672,116

15.) University of North Carolina at Chapel Hill - Still Hasn't Up Dated (Still reporting 2013-2014).

Reporting Year: 7/1/2013 - 6/30/2014

01.) University of Notre Dame - $114,843,522
02.) Florida State University - $104,420,339
03.) University of Louisville - $89,428,348
04.) Syracuse University - $87,647,822
05.) University of Virginia - $80,983,121
06.) University of North Carolina at Chapel Hill - $79,845,782
07.) Duke University - $79,645,699
08.) Clemson University - $73,791,753
09.) Virginia Polytechnic Institute and State University - $73,015,503
10.) University of Miami - $71,785,978
11.) North Carolina State University at Raleigh - $70,500,811
12.) University of Pittsburgh - $66,089,664
13.) Boston College - $65,229,918
14.) Wake Forest University - $56,247,495
15.) Georgia Institute of Technology - $55,526,101
(This post was last modified: 11-06-2015 04:53 PM by EnterSandman.)
11-06-2015 04:51 PM
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Dasville Offline
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RE: New Athletic Department Revenues
Ahhhh
11-06-2015 04:57 PM
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georgia_tech_swagger Offline
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Post: #3
RE: New Athletic Department Revenues
(11-06-2015 04:51 PM)EnterSandman Wrote:  Reporting Year: 7/1/2013 - 6/30/2014
14.) Wake Forest University - $56,247,495
15.) Georgia Institute of Technology - $55,526,101

PJ had the benefit of a UGAg home game and they still bled money severely all year in football, and finished dead last. Not sure PJ survives if he turned in a '14-'15 campaign like '13-'14.

Revenue jumped $10m the following season (OB year) despite losing the UGAg home game.
11-06-2015 04:58 PM
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nzmorange Offline
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RE: New Athletic Department Revenues
I still don't get why GT makes so little money. They must have extremely strict policies regarding what the AD is allowed to recognize as revenue. I know I've posted on this topic before, but I'm still not satisfied with the answer that I got.
11-06-2015 06:48 PM
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Marge Schott Offline
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RE: New Athletic Department Revenues
I have no idea where that $17m bump in revenue came from. But if it's real money and not just play money, cool.
11-06-2015 07:21 PM
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uofl05 Offline
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RE: New Athletic Department Revenues
Like to know more about how these numbers came about but I agree with Marge..if true, DAMN!
11-06-2015 07:36 PM
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nole Offline
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Post: #7
RE: New Athletic Department Revenues
(11-06-2015 06:48 PM)nzmorange Wrote:  I still don't get why GT makes so little money. They must have extremely strict policies regarding what the AD is allowed to recognize as revenue. I know I've posted on this topic before, but I'm still not satisfied with the answer that I got.

Just a side note....GT has one of the largest athletic endowments in the nation.

Last I checked....top 10.

So I also find it odd how they don't have more resources.
11-06-2015 07:53 PM
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mj4life Offline
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RE: New Athletic Department Revenues
(11-06-2015 07:53 PM)nole Wrote:  
(11-06-2015 06:48 PM)nzmorange Wrote:  I still don't get why GT makes so little money. They must have extremely strict policies regarding what the AD is allowed to recognize as revenue. I know I've posted on this topic before, but I'm still not satisfied with the answer that I got.

Just a side note....GT has one of the largest athletic endowments in the nation.

Last I checked....top 10.

So I also find it odd how they don't have more resources.

Depends on how the the fund is handled, UNC has a athletic endowment of 230 million or so & it is lumped in with the university's overall fund. So they may not count that as revenue
11-06-2015 09:56 PM
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Hokie Mark Offline
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Post: #9
RE: New Athletic Department Revenues
(11-06-2015 07:21 PM)Marge Schott Wrote:  I have no idea where that $17m bump in revenue came from. But if it's real money and not just play money, cool.

I can only figure about $7M of it:
$2.0M = Orange bowl payout
$2.4M = other CFP payouts [LINK]
$3.5M = Cowboy Classic (kickoff game)
====
$6.9M

Where's the other $10M? Well, part of it is the best home schedule in years, which included Clemson, Notre Dame and Florida.
11-06-2015 11:21 PM
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lumberpack4 Offline
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RE: New Athletic Department Revenues
(11-06-2015 09:56 PM)mj4life Wrote:  
(11-06-2015 07:53 PM)nole Wrote:  
(11-06-2015 06:48 PM)nzmorange Wrote:  I still don't get why GT makes so little money. They must have extremely strict policies regarding what the AD is allowed to recognize as revenue. I know I've posted on this topic before, but I'm still not satisfied with the answer that I got.

Just a side note....GT has one of the largest athletic endowments in the nation.

Last I checked....top 10.

So I also find it odd how they don't have more resources.

Depends on how the the fund is handled, UNC has a athletic endowment of 230 million or so & it is lumped in with the university's overall fund. So they may not count that as revenue

IIRC the Ed Foundations scholarship endowment money is bled into the annual revenues on a yearly donation basis - so for instance the 230 mill would net a donation to the Athletic Fund of about $8-10 million a year. UVa has something very similar. When you look at the equity numbers you will see it as a contribution that is not allocated to an individual sport.

IPTAY works a little differently and their donations stay outside the Clemson annual budget stream.

The reason GT is so small is because they have many fewer tickets to sell for football and basketball and can't charge a premium price due to any excess demand.

When you combine the potential football and basketall tickets that can be sold in any one year you get the follwoing:

ND has around 890K tickets they can sell
FSU has around 839 K
Louisville has around 810K
Syracuse has around 805K
UNC has around 780K
Clemson has around 780K
NC State has around 770K
UVa has around 675K
VT has around 630K
GT has around 540K
BC has around 525K
WF has around 495K
Duke has around 380K

Not that every ticket is sold, but every ticket available represent an opportunity to make money.

Duke averages $238 an available ticket. That is a function of the cost of basketball tickets and the robust donations and endowment.
FSU doesn't have a big endowment and gets most of it's from actual sales and post season football,and averages $146 per available tickets.
ND is close behind at $137.
BC is generating an average of $132 per available ticket. They have a very large athletic donation and endowment program that offsets poor overall ticket sales
VT is generating an averat of $130 per available ticket and does it almost all on the back of football
Louisville is generating about $130 per ticket and is probably the best balanced in ticket sales next to NC State.
GT is generating $121 per available ticket. They have many fewer tickets to sell, hence the reason they fall behind.
WF is generating $117 per availablel ticket and does so mostly on the back of basketball and annual donations.
UVA is generating $114 per available ticket and has a large endowment.
Syracuse is generating about $112 per available ticket and does so almost entirely on the back of basketball tickets.
UNC is generating $108 per available ticket. The could do much better but the football stadium is overbuilt and the Dean Dome does not allow for luxury box income.
NC State is generating about $100 an available ticket, with the Football stadium running at 90% or more of capacity with a large basketball arena. The endowment is tiny.
Clemson generates the least per available ticket at $98 and it's really all on the back of football as Clemson has almost three times the football tickets to sell as basketball and IPTAY controls it's capital expenditures for the programs.


All in all Duke is the head and shoulder leader in monitization. ND, FSU, BC, VT, and Louisville all do a very good job in that respect. GT and WF are actually raising money at a rate that is beyond what their facilities really support.

UNC, Syracuse, NC State, and Clemson are pretty average with revenue per available ticket. Part of it is venue size versus demand, and part of it is no attempt to price one of the two sports up to the point of pissing off the base.

For the most part, huge income is proportional to huge stadiums and tickets that you have to sell. Duke is a situation almost all it's own. Clemson should probably charge more for football, and FSU needs to sell about 7-8K more tickets for football. NC State needs a bigger football stadium, and UNC needs a more modern basketball arena.

The big takeaway should be that Duke and ND need no money and that BC and UVa can raise money to offest bad ticket sales.

It is Clemson, FSU, VT, NC State, and GT that are most dependent on football ticket sales to be their real revenue driver.
11-06-2015 11:40 PM
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Indytarheel Offline
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RE: New Athletic Department Revenues
If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.
11-07-2015 10:39 AM
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nzmorange Offline
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RE: New Athletic Department Revenues
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

GT's revenue numbers are inexplicably low, and they always are. Upgrades, coach contracts, etc. shouldn't affect revenues. Those are costs.
11-07-2015 01:36 PM
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lumberpack4 Offline
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RE: New Athletic Department Revenues
(11-07-2015 01:36 PM)nzmorange Wrote:  
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

GT's revenue numbers are inexplicably low, and they always are. Upgrades, coach contracts, etc. shouldn't affect revenues. Those are costs.

GT basketball has been very bad for a long time. No money there. Football has been up and down like a see saw.

GT is not the top college team in Atlanta. Georgia and Auburn are a greater draw. Then they must compete with the Falcons, Braves, etc. It's the Maryland, Miami, Pitt, and BC problem but in GT's case, they have closer college football competition and they are a moderate size, STEM university.

Engineers are well paid, but does that profile generate big time cash?
11-07-2015 03:11 PM
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lumberpack4 Offline
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RE: New Athletic Department Revenues
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

Indy, capital costs have nothing to due with the incoming revenue stream. GT is squeezed by a number of factors, not the least of which is that GT's liberal and medical arts sister, Emory, draws away donations from GT into non-athletic endeavors.

Another issue is geography and sociology. The four pillars of money in Atlanta are old corporations like Coca Cola and Chick Fil A, old white folks money, new relocated Yankee money, and new and old black folks money. Where do these four groups focus their philanthropy? GT is probably not a favored donation source for new Yankees, or old or new black folk with the black people in particular having numerous old Atlanta area institutions they can support.

If a Yinzer moves to Atlanta from Pittsburgh, or a Yankee moves down from Long Island, where do they give money?

I don't know the long term fix except winning.
(This post was last modified: 11-07-2015 03:23 PM by lumberpack4.)
11-07-2015 03:14 PM
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Hokie Mark Offline
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RE: New Athletic Department Revenues
(11-07-2015 03:14 PM)lumberpack4 Wrote:  
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

Indy, capital costs have nothing to due with the incoming revenue stream. GT is squeezed by a number of factors, not the least of which is that GT's liberal and medical arts sister, Emory, draws away donations from GT into non-athletic endeavors.

I don't know the long term fix except winning.

GT has become too specialized (IMO). Some sort of merger (perhaps with Ga State?) could REALLY benefit the athletic department... I know, I know, academics would have a HISSY FIT, but ultimately they don't run things - the accountants do!
11-07-2015 03:24 PM
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lumberpack4 Offline
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RE: New Athletic Department Revenues
(11-07-2015 03:24 PM)Hokie Mark Wrote:  
(11-07-2015 03:14 PM)lumberpack4 Wrote:  
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

Indy, capital costs have nothing to due with the incoming revenue stream. GT is squeezed by a number of factors, not the least of which is that GT's liberal and medical arts sister, Emory, draws away donations from GT into non-athletic endeavors.

I don't know the long term fix except winning.

GT has become too specialized (IMO). Some sort of merger (perhaps with Ga State?) could REALLY benefit the athletic department... I know, I know, academics would have a HISSY FIT, but ultimately they don't run things - the accountants do!

GT has evolved into a Ted Turner version of MIT or Cal Tech. This is great for the institution but makes sports competition damn difficult. At their small size you can't hide neanderthals and the student body is not predisposed to worship and protect them.
11-07-2015 03:28 PM
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Marge Schott Offline
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RE: New Athletic Department Revenues
Where's that $2.4m coming from? I didn't see that figure scanning your blog.
11-07-2015 04:09 PM
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Hokie Mark Offline
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RE: New Athletic Department Revenues
(11-07-2015 04:09 PM)Marge Schott Wrote:  Where's that $2.4m coming from? I didn't see that figure scanning your blog.

http://accfootballrx.blogspot.com/2015/0...42315.html

Actually, in my haste I made 2 mistakes:

1) The basic CFP payouts to the ACC for last year total $62.2M / 14 = $4.44M per team. (Notre Dame gets paid separately). This is:
$50.0 M base CFP pay to each P5 conference,
$ 4.2 M for teams meeting APR
$ 6.0 M for a playoff team
$ 2.0 M for FSU expenses (may have gone directly to FSU).

2) This does NOT include the $27.5M from the Orange Bowl.
$27.5M / 14 = $1.96M of that is the Orange Bowl

So the correct amount is:
1) $4.44M each from CFP base payments
2) $1.96M each from Orange Bowl contact
------------
$6.40M each

If we add in the Cowboy Classic and assume FSU kept all of the expense reimbursement (they should have!), then

$6.40M sub total
$3.50M Cowboy Classic
$2.00M expense reimbursement
------------
$11.9M
11-07-2015 06:35 PM
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nzmorange Offline
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RE: New Athletic Department Revenues
(11-07-2015 03:11 PM)lumberpack4 Wrote:  
(11-07-2015 01:36 PM)nzmorange Wrote:  
(11-07-2015 10:39 AM)Indytarheel Wrote:  If I am not mistaken, the Ga Tech numbers should be effected by the facilities upgrades that have or is happening and they are may still be on the hook for Hewitt's contract.

GT's revenue numbers are inexplicably low, and they always are. Upgrades, coach contracts, etc. shouldn't affect revenues. Those are costs.

GT basketball has been very bad for a long time. No money there. Football has been up and down like a see saw.

GT is not the top college team in Atlanta. Georgia and Auburn are a greater draw. Then they must compete with the Falcons, Braves, etc. It's the Maryland, Miami, Pitt, and BC problem but in GT's case, they have closer college football competition and they are a moderate size, STEM university.

Engineers are well paid, but does that profile generate big time cash?

GT roundball hasn't been fantastic and is pretty bad right now, but GT has way more history than many schools - they've played in a FF (and NC game, I believe) since '00.

GT football hasn't been Alabama, sure, but they haven't been bad. They won the OB last year (or was it two years ago - I can't remember).

And saying that they're not the top team in the Atl is like saying they're poor because nobody gives them money. It doesn't really answer why. And the metro environment and school size aren't holding them back at all. The school has 15k undergrads and another 10k grads. That's probably bigger than most of the ACC. Similarily, they really don't have that much more competition than about half the ACC.

Finally, it isn't the engineers. Math and science guys play big time football and make money. Look at VPI and ATM.

There's something else. I don't know what "it" is, but I can tell you what it's not.
11-07-2015 10:53 PM
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RE: New Athletic Department Revenues
(11-07-2015 03:24 PM)Hokie Mark Wrote:  GT has become too specialized (IMO). Some sort of merger (perhaps with Ga State?) could REALLY benefit the athletic department... I know, I know, academics would have a HISSY FIT, but ultimately they don't run things - the accountants do!


The GABOR is controlled by UGAg and would never allow that specifically because it neuters UGAg's huge academic advantage. How controlled by UGAg is the GABOR? They have two engineering programs in the state ... Georgia Tech and Georgia Southern. GT is suppose to be the world class option, and GaSo the accessible one that adds coverage in the not-well-covered Southern part of GA. One of the explicit missions of the GABOR is to prevent unnecessary duplication within the GA public universities. Soooooooooo they gave UGAg an engineering school.

If I'm President at GT ... that officially spelled the end of the GABOR even pretending to look after my interests athletically, academically, or financially or even the taxpayer's interests.
11-08-2015 01:54 PM
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