CSNbbs

Full Version: USA Today 2017-2018 NCAA Athletics Revenue
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
Pages: 1 2 3
https://sports.usatoday.com/ncaa/finances/

#76 Georgia State
revenues $39,546,233
expenses $32,629,661

Dont worry friends! We are under the 65% subsidy rate as decreed by the galactic empire...err I mean Georgia BOR. Sitting at 64.5% 04-cheers

I believe the foreseeable expectation/goal is to reach around $50mil in athletics revenue as our football team grows.
Is Ark State employing the same accountants that Enron had?
(08-13-2019 12:42 PM)ballantyneapp Wrote: [ -> ]Is Ark State employing the same accountants that Enron had?

I see WKU is still in the conference but using a new moniker.
Holy crap!
Delaware allocates $38 million a year
(08-13-2019 12:54 PM)arkstfan Wrote: [ -> ]
(08-13-2019 12:42 PM)ballantyneapp Wrote: [ -> ]Is Ark State employing the same accountants that Enron had?

I see WKU is still in the conference but using a new moniker.

It's a valid question.
(08-13-2019 01:29 PM)GoBigRed26 Wrote: [ -> ]Holy crap!
Delaware allocates $38 million a year

Pshaw....that's not even the highest in the CAA.
(08-13-2019 12:54 PM)arkstfan Wrote: [ -> ]
(08-13-2019 12:42 PM)ballantyneapp Wrote: [ -> ]Is Ark State employing the same accountants that Enron had?

I see WKU is still in the conference but using a new moniker.

Come on dude, look at your chart compared to anybody else.

This may be right within the confines of the reporting directions given by whomever, but we all know its BS, but then again so is 95% of all accounting.
(08-13-2019 02:51 PM)ballantyneapp Wrote: [ -> ]
(08-13-2019 12:54 PM)arkstfan Wrote: [ -> ]
(08-13-2019 12:42 PM)ballantyneapp Wrote: [ -> ]Is Ark State employing the same accountants that Enron had?

I see WKU is still in the conference but using a new moniker.

Come on dude, look at your chart compared to anybody else.

This may be right within the confines of the reporting directions given by whomever, but we all know its BS, but then again so is 95% of all accounting.

C'mon. Ever heard of a balanced budget? Spend what you take in.
All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

AState Red Wolf Foundation told the IRS on June 30, 2018 that it had assets of $55 million. Maybe they'd lie to the IRS, but doubt it.
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

But your AD pretty much said they were including contributions intended for capital projects, right? And I'm assuming the corresponding expenditures.
(08-13-2019 03:40 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

But your AD pretty much said they were including contributions intended for capital projects, right? And I'm assuming the corresponding expenditures.

Can't you text search for this discussion from last year or the year before? I don't give a crap other than finding the whole damn thing amusing for the reasons I've already stated.
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

AState Red Wolf Foundation told the IRS on June 30, 2018 that it had assets of $55 million. Maybe they'd lie to the IRS, but doubt it.


Yeah but $25M of that was in the form of pledges and receivables and another $11M was prepaid expenses. Along with $47M of Liabilities the fund balance was about $8-9M
(08-13-2019 03:42 PM)arkstfan Wrote: [ -> ]
(08-13-2019 03:40 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

But your AD pretty much said they were including contributions intended for capital projects, right? And I'm assuming the corresponding expenditures.

Can't you text search for this discussion from last year or the year before? I don't give a crap other than finding the whole damn thing amusing for the reasons I've already stated.

So you won't be blogging about it this year?
(08-13-2019 03:49 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:42 PM)arkstfan Wrote: [ -> ]
(08-13-2019 03:40 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

But your AD pretty much said they were including contributions intended for capital projects, right? And I'm assuming the corresponding expenditures.

Can't you text search for this discussion from last year or the year before? I don't give a crap other than finding the whole damn thing amusing for the reasons I've already stated.

So you won't be blogging about it this year?

I don't run a website any more but I can put it on an excel worksheet for you in about 15 minutes. Simple as can be to do.

Just not going to re-litigate this **** every year. Like I said previously no one listened years ago when I warned people about these numbers and everyone said I was full of it then. Now that AState benefits from success suddenly everyone who said the numbers were solid thinks they are BS solely in regard to AState. Not heard any mention that JMU is 7th among non-P5 schools or that Cal-Davis out-spends much of CUSA. I'm skeptical that a non-football in the Summit outspends many football schools including most high scholarship FCS schools.

But most of all, I just now have gotten over mostly being off this site for the better part of three months because my cancer treatments had me too damn sick to care, and frankly my give a damn ain't working very well this year.
Most of the schools represented that have issues about what we spend have at least 60% allocated. This is something to consider that they are not. We get gripes in Arkansas for taking 31%. They would be shut down if they were here.

Also, one would be considered a wise man if he were to listen to Arkstatefan. He probably knows more about college athletics than the rest of us on this board combined. Ask the old-timers on here, they'll tell you.
(08-13-2019 04:01 PM)arkstfan Wrote: [ -> ]
(08-13-2019 03:49 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:42 PM)arkstfan Wrote: [ -> ]
(08-13-2019 03:40 PM)mturn017 Wrote: [ -> ]
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

But your AD pretty much said they were including contributions intended for capital projects, right? And I'm assuming the corresponding expenditures.

Can't you text search for this discussion from last year or the year before? I don't give a crap other than finding the whole damn thing amusing for the reasons I've already stated.

So you won't be blogging about it this year?

I don't run a website any more but I can put it on an excel worksheet for you in about 15 minutes. Simple as can be to do.

Just not going to re-litigate this **** every year. Like I said previously no one listened years ago when I warned people about these numbers and everyone said I was full of it then. Now that AState benefits from success suddenly everyone who said the numbers were solid thinks they are BS solely in regard to AState. Not heard any mention that JMU is 7th among non-P5 schools or that Cal-Davis out-spends much of CUSA. I'm skeptical that a non-football in the Summit outspends many football schools including most high scholarship FCS schools.

But most of all, I just now have gotten over mostly being off this site for the better part of three months because my cancer treatments had me too damn sick to care, and frankly my give a damn ain't working very well this year.

I'm sorry to hear about that man, I wish you a full recovery. I can't blame you for not giving a ****, message board bs is worthless in the best of times.

I'm just a bean counter that has taken an interest in these figures. You can go to JMU's site and see where I've explained to them that they are full of **** when they say they already have an AAC budget (their delusion is pretty entertaining reading actually, they do real well for an FCS school and pretty well for a G5 but come on). Cal-Davis is outside my sphere of interest. My interest in A States figures should be pretty obvious, according to the database we have the two highest (I think) budgets in G5 outside of the AAC and MWC, which again only matters on the message boards really. If the AAC adds a member and looks at finances I'd assume they'd do a deeper delve into the books but these numbers get compared on here so....

I'm not saying A State is lying or making up numbers, these figures were reviewed by an independent accountant but the drastic change in the figures over a short period of time and where they occur (other revenues, other expenses, donations) certainly raises some eyebrows, my guess is they did some sort of change in accounting methods. And if your AD is including capital projects in these figures and it seems they are based on quotes I've read then I think that's a misinterpretation of the NCAA reporting categories and I can point to NCAA sources that say as much. ODU's budget is inflated compared to others due to the way we report, typically in overhead items and inclusion of expenses that many schools in other states don't include. So our overall budget and student fees are reported higher than they might be if we ere located in another state. VA law dictates this and other states have other laws that require other standards and some account for things differently out of practice. The NCAA acknowledges these differences and it's why drawing apples to apples comparisons is near on impossible. The reason the NCAA has the reporting requirements is to ensure that the presidents and chancellors are alerted to the revenues and expenses of the athletic department, it's really for their benefit. Internet dick measuring is just a byproduct. The purpose of the framework of the reporting is to give an accurate depiction of the annual operating revenues and expenses. So capital expenditures, financing and the like are reported separately.

That's it. I know you to be a well respected poster and understand you have more insight into athletic department workings than most (including myself). My last post came off a little douchy so I apologize for that. Respond if you like, or if anyone else would. This is only my 2nd year of claiming A State's numbers look fishy FTR.
(08-13-2019 06:37 PM)doberman1 Wrote: [ -> ]Most of the schools represented that have issues about what we spend have at least 60% allocated. This is something to consider that they are not. We get gripes in Arkansas for taking 31%. They would be shut down if they were here.

Also, one would be considered a wise man if he were to listen to Arkstatefan. He probably knows more about college athletics than the rest of us on this board combined. Ask the old-timers on here, they'll tell you.

You would have much higher than 31% if you reporting by VA standards.
(08-13-2019 03:35 PM)arkstfan Wrote: [ -> ]All I know is years ago I tried to explain to people to not do much comparison of schools from different states and people kept acting like those numbers came down from Mount Sinai and then AState has some big years in fund raising and those people are all popping up like whack a moles because they don't believe the numbers.

AState Red Wolf Foundation told the IRS on June 30, 2018 that it had assets of $55 million. Maybe they'd lie to the IRS, but doubt it.

Like the Mt Sinai and Whack a Mole references.
People are giving StAte and hard time and not paying attention to Georgia State who is only about half a million behind them.

Their contributions jumped from $880k to $6.4 million (?). Their revenue also grew from $30M to $39M, which is higher than the 5% growth cap the Georgia BoR put on athletics programs.
(08-14-2019 12:26 PM)EigenEagle Wrote: [ -> ]People are giving StAte and hard time and not paying attention to Georgia State who is only about half a million behind them.

Their contributions jumped from $880k to $6.4 million (?). Their revenue also grew from $30M to $39M, which is higher than the 5% growth cap the Georgia BoR put on athletics programs.

Could be that GSU Stadium brings in serious contributions to the atheltics...

Quoting Ben Moore from the 247 site...
"As Mike has said [GSU Associate AD] on our podcast, there are revenue generating events happening daily at our Stadium. Many that no one ever hears about. 

During media day, ESPN Gameday was filming and the day before Pizza Hut shot a commercial. Lots of TV shows and movies are being shot on the property as well..."
Pages: 1 2 3
Reference URL's