Unless I missed it this article did not give any reason CUSA was costing ODU 2 million dollars a year. They touched on travel but no details.
The below is what I find interesting
Quote:The study compares ODU’s basketball programs to those at Wichita State, San Diego State and Memphis and recommends continuing to invest in them. The men’s program has an annual expense of $3.348 million, and the women’s program has an annual expense of $2.275 million.
I'm not going to look the figures up other than this...
"Aug 23, 2018 - Jones will get a modest raise in the new deal, which is heavily performance-based. He'll make $506,974 this season, roughly $50,000 more than his previous contract. He will be among the three highest-paid coaches in Conference USA, according to athletic director Wood Selig"
So (Volkmar
)with that how is ODU spending over a million dollars a year on basketball than Western and Western is paying Stansbury about $100,000 more than Jeff Jones?
2019-20 Western BB budget $2,264,058
ODU is spending around 800k more on lady's basketball than Western, 2019-20 $1,481,877
One other thing...revenue. If you look at the below you will notice huge jumps in money made off tickets sold and donations. You will also see they started 2 years before ODU played football in CUSA. But that money was a direct result of moving up to FBS and joining CUSA.
Donations has grown every year and money off ticket sold had a couple up and downs but still way ahead of before announcing the move to FBS.
How is ODU losing 2 million a year by playing in CUSA? If its true (I doubt it) it's internal money...expense that has went up no matter where ODU was playing. Why is it costing ODU so much more than say Western, when Western pays head coaches more than ODU? Travel might eat up some but not much. As I said ...internal money and just a different way of doing the books. Most of us are paying close to the same on coaching, travel, recruiting, meals, housing...everything that it takes to compete on the field or court.
We all are losing money compared to when we first joined and getting paid from a contract already in place. That's not changing for any of us. But other than that...bullshiit