(02-20-2017 10:04 AM)Cajunman02 Wrote: ULM has much bigger issues to face when looking at their latest financial report completed by the Louisiana Legislative Auditor.
They had a whopping $104,153 in football ticket revenue....which was actually $266 less than men's basketball ticket revenue. Total revenue for the year ending June 30, 2016 was a measly $14,659,574. They were paid $3,298,000 for guaranteed football games against Georgia, Alabama, Tulsa, and Hawaii.
104,000 in football ticket revenue. How is that even possible? 64,000 people supposedly watched ULM football in Monroe that year. What do they charge for tickets? I'm missing something. Sure, some are students....but even assuming HALF of the people there are ULM students and get free tickets...are we to believe that the AVERAGE paid ticket price for ULM is 3 dollars per ticket?
However, if you look at the non-subsidized cost of all athletics at each of our schools (not just football), you see the following (for 2014-15)
UTA - Revenue 12.5 Subsidy 8.9 Implied Net Revenue 4.4
UALR - Revenue 9.5 Subsidy 6.7 Implied Net Revenue 2.8
ULM - Revenue 13.0 Subsidy 4.5 Implied Net Revenue 7.5
USA - Revenue 28.1 Subsidy 16.9 Implied Net Revenue 11.2
Ark St - Revenue 29.2 Subsidy 14.0 Implied Net Revenue 15.2
ULL - Revenue 23.4 Subsidy 8.7 Implied Net Revenue 14.7
Troy - Revenue 27.0 Subsidy 20.4 Implied Net Revenue 7.4
Ga St - Revenue 28.9 Subsidy 20.9 Implied Net Revenue 8.0
Ga So - Revenue 21.1 Subsidy 12.8 Implied Net Revenue 8.3
App - Revenue 29.7 Subsidy 20.5 Implied Net Revenue 9.4
http://sports.usatoday.com/ncaa/finances/
Subsidy is calculated by adding or subtracting any gain or loss from revenue vs expenses and adding/subtracting that from the subsidy. ULM is claiming unsubsidized net revenue of about 7.5 a year.
I'm a bit skeptical of how you've characterized the Lousiana Auditor's Report. Do you have a link to it.