(08-18-2021 11:44 PM)DoubleDogDare Wrote:  

(08-18-2021 11:18 PM)mturn017 Wrote:  I’ve never, ever argued that JMU would be the most subsidized. I’ve argued that you can’t prove it because the data is not reliably comparable. You’ve been all over the place like a lost puppy. So which is it? Once and for all, do JMUs figures on USA Today include items not reported in other schools athletic budgets? Yes or no?

Hey dumb@$$. Remember when you said "I’ll take your bet then" in post #2230. It was in direct response to my post (#2229) that says "we would not be most subsidized in CUSA." Pay the f'ing $100 you f'ing idiot. Then I'll respond to your question as it is irrelevant as you already said that JMU would not be the most subsidized. It doesn't matter what you think is comparable or not, you said JMU wouldn't be most subsidized. You bet they would. Consider it a lessons learned opportunity for you not reading the bet that you agree to take. Screenshot or just f'ing tuck you tail and never come back.

So…..am I your very reliable source?

Your argument is sounding more and more Rudy Giuliani-esq.

Is there an ODU message board/chat? Thundering Turd have one? Why they all over here all the time???

(08-17-2021 12:31 AM)DoubleDogDare Wrote:  If you want to bet $100 to the other schools athletic fund, I'll provide a very reliable source that we would not be most subsidized in CUSA. The source would be much better than you googling USA Today reports.

Should we make a bet?

Just a reminder, this is the bet. You provide said source, not just reference it but provide a link that can show this then I'll pay. It doesn't matter what I think, it's a matter of what you can prove.

I don't know much about accounting, but I am now rooting for this thread to get so large that we need to archive a large portion of it again.

Pass the popcorn, please.

(08-19-2021 07:50 AM)AssyrianDuke Wrote:  I don't know much about accounting, but I am now rooting for this thread to get so large that we need to archive a large portion of it again.

Pass the popcorn, please.

At least you're honest about it, unlike DoubleDogDare

(08-19-2021 07:51 AM)mturn017 Wrote:  

(08-19-2021 07:50 AM)AssyrianDuke Wrote:  I don't know much about accounting, but I am now rooting for this thread to get so large that we need to archive a large portion of it again.

Pass the popcorn, please.

At least you're honest about it, unlike DoubleDogDare

My bailiwick is coding and technology. If you need me to write a script for accounting, that's about all I can do.

Also I know this is from a while back, but there's nothing wrong with working in a restaurant. I worked full time at a restaurant while also attending grad school full time, and I was able to pay my bills, tuition, and have some walking around money.

(08-18-2021 09:39 PM)Hart Foundation Wrote:  This thread is great. 2 accountants pissing at each other and an accountant-hater Dukeman2 chiming in only to be chastised by Dukeman3PO.

Everyone using their calculus to prove that 1+1 does not equal 2. Which, of course, it doesn’t if you use calculus. However, basic arithmetic gets us universal truth.

No matter how you slice and dice, JMU overspends on its Olympic sports that don’t produce any revenue and it overspends on FCS football about 3X as much as the typical FCS program.

Athletic Departments that are far less funded than JMU play FBS football because they allocate appropriately to the sport that can provide maximum revenue in return. FCS revenue cannot be and never has been enough to offset expenses in football. The smart ones operate in the FBS arena where revenue is substantially higher even if the investment is not.

Carry on with the entertainment

Yep! We are paying a $1,000 daily admission fee to wade in the kiddie pool while our true peers (FBS) are paying $50 for a season pass to the most awesome water park. Brilliant!

The water at ODU's water park is yellow. Enjoy the water sports.

(08-19-2021 07:56 AM)AssyrianDuke Wrote:  

(08-19-2021 07:51 AM)mturn017 Wrote:  

(08-19-2021 07:50 AM)AssyrianDuke Wrote:  I don't know much about accounting, but I am now rooting for this thread to get so large that we need to archive a large portion of it again.

Pass the popcorn, please.

At least you're honest about it, unlike DoubleDogDare

My bailiwick is coding and technology. If you need me to write a script for accounting, that's about all I can do.

Also I know this is from a while back, but there's nothing wrong with working in a restaurant. I worked full time at a restaurant while also attending grad school full time, and I was able to pay my bills, tuition, and have some walking around money.

I did too but unless you're a chef you typically don't need to go to college to work in a restaurant.

Maybe you can help DDD learn to post pictures on the message board.

(08-18-2021 09:39 PM)Hart Foundation Wrote:  This thread is great. 2 accountants pissing at each other and an accountant-hater Dukeman2 chiming in only to be chastised by Dukeman3PO.


No matter how you slice and dice, JMU overspends on its Olympic sports that don’t produce any revenue and it overspends on FCS football about 3X as much as the typical FCS program.

Athletic Departments that are far less funded than JMU play FBS football because they allocate appropriately to the sport that can provide maximum revenue in return. FCS revenue cannot be and never has been enough to offset expenses in football. The smart ones operate in the FBS arena where revenue is substantially higher even if the investment is not.

Carry on with the entertainment

yeah, ok. the reality is G5s make no money from football and therefore have no additional money to allocate to non revenue sports. see ODU cutting wrestling to save $1m

and while we are here, what over spending on non revenue sports do you want to cut. should we start with softball? maybe you would like to cut woman's lax? how about field hockey? mens soccer? womans hoops has very little revenue?

I think you are confused about JMU's mission. are we trying to run a for profit minor league sports franchise?

lastly, dont tell DM2 i told you, but he is an accountant. ha

(08-18-2021 10:11 PM)herdfan129 Wrote:  So what we have determined is JMU is heavily subsidized and if they were in CUSA they would be one of the most subsidized programs in the conference. My bad for saying the most subsidized.... then again, I didn’t say JMU would be the most subsidized, USA Today says that.

Interesting to me that the JMU AD claims the JMU budget has about $10 million more than all the other schools just from how they do accounting. So if that’s true, your budget isn’t nearly as impressive in terms of claiming you are ready for the AAC.

I’ll say this much, this is one of the reasons I like JMU and wouldn’t mind sharing a conference with you. JMU fans are passionate and think way too highly of JMU which makes for great regional rivalries. So now, get your finances in order, grow a pair of balls, and move up to join the rest of us so we can beat you guys on a yearly basis.

Our backups start at Marshall.

(08-19-2021 07:42 AM)mturn017 Wrote:  

(08-17-2021 12:31 AM)DoubleDogDare Wrote:  If you want to bet $100 to the other schools athletic fund, I'll provide a very reliable source that we would not be most subsidized in CUSA. The source would be much better than you googling USA Today reports.

Should we make a bet?

Just a reminder, this is the bet. You provide said source, not just reference it but provide a link that can show this then I'll pay. It doesn't matter what I think, it's a matter of what you can prove.

I don't need to provide a link. I told you the documents. You know where the documents are and the direct links have already been posted. You are stalling and the only win you have on this entire thread is the fact I clicked the url button instead of the image button. Its the only notch you can put on your belt so I fully expect you to wear it out quickly.

Any sport can be a revenue generating sport. Most programs are revenue generating for the school, since in most sports the athletes share scholarships and pay tuition to the university. Most schools' athletic apparel contracts, while not getting paid by the apparel company, allow for the school to receive the uniforms at little to no cost. So while cross country or track and field may not generate a ton of revenue for JMU's athletic department, they do generate revenue for JMU. And they don't cost JMU that much to field either.

(08-19-2021 08:04 AM)DoubleDogDare Wrote:  

(08-19-2021 07:42 AM)mturn017 Wrote:  

(08-17-2021 12:31 AM)DoubleDogDare Wrote:  If you want to bet $100 to the other schools athletic fund, I'll provide a very reliable source that we would not be most subsidized in CUSA. The source would be much better than you googling USA Today reports.

Should we make a bet?

Just a reminder, this is the bet. You provide said source, not just reference it but provide a link that can show this then I'll pay. It doesn't matter what I think, it's a matter of what you can prove.

I don't need to provide a link. I told you the documents. You know where the documents are and the direct links have already been posted. You are stalling and the only win you have on this entire thread is the fact I clicked the url button instead of the image button. Its the only notch you can put on your belt so I fully expect you to wear it out quickly.

So that's it? You don't have anything proving your point? Because all the links provided show exactly the opposite, unless of course you modified them to exclude certain items as Bourne implied in his Money Matters post but you referred to that as irrelevant a few posts back.

Where are these multiple schools audit reports from the past year? The only one posted is JMU's.

You pretty much showed that you can't tell an independent auditor's report from a hole in the ground with the arguments you tried to make and I'm frankly embarrassed for you.

(08-19-2021 08:00 AM)PGJMU2 Wrote:  

(08-18-2021 09:39 PM)Hart Foundation Wrote:  This thread is great. 2 accountants pissing at each other and an accountant-hater Dukeman2 chiming in only to be chastised by Dukeman3PO.


No matter how you slice and dice, JMU overspends on its Olympic sports that don’t produce any revenue and it overspends on FCS football about 3X as much as the typical FCS program.

Athletic Departments that are far less funded than JMU play FBS football because they allocate appropriately to the sport that can provide maximum revenue in return. FCS revenue cannot be and never has been enough to offset expenses in football. The smart ones operate in the FBS arena where revenue is substantially higher even if the investment is not.

Carry on with the entertainment

yeah, ok. the reality is G5s make no money from football and therefore have no additional money to allocate to non revenue sports. see ODU cutting wrestling to save $1m

and while we are here, what over spending on non revenue sports do you want to cut. should we start with softball? maybe you would like to cut woman's lax? how about field hockey? mens soccer? womans hoops has very little revenue?

I think you are confused about JMU's mission. are we trying to run a for profit minor league sports franchise?

lastly, dont tell DM2 i told you, but he is an accountant. ha

We cut wrestling for Title 9 compliance.

(08-17-2021 08:43 PM)DoubleDogDare Wrote:  

(08-17-2021 07:48 PM)herdfan129 Wrote:  This one is updated through 2019, and according to it, you would be the most subsidized program in CUSA. These aren’t my numbers so no reason to get mad at me.

https://sports.usatoday.com/ncaa/finances

You are literally just wasting space on this thread and showing your ignorance on the topic by remaining 4 steps behind the conversation.

This turned out to be very ironic.

(08-19-2021 08:19 AM)mturn017 Wrote:  So that's it? You don't have anything proving your point? Because all the links provided show exactly the opposite, unless of course you modified them to exclude certain items as Bourne implied in his Money Matters post but you referred to that as irrelevant a few posts back.

Where are these multiple schools audit reports from the past year? The only one posted is JMU's.

You pretty much showed that you can't tell an independent auditor's report from a hole in the ground with the arguments you tried to make and I'm frankly embarrassed for you.

You don't need anything more. I'm so confused how you are so ignorant on this topic given all the posts. For the third or fourth time now, I don't care about what Bourne said in 2016. None of that "creative accounting" mess is needed. No "projected growth" is needed. If you want answers to your basic a$$ questions, you need to start providing responses to the questions already asked of you.

(08-19-2021 08:25 AM)DoubleDogDare Wrote:  

(08-19-2021 08:19 AM)mturn017 Wrote:  So that's it? You don't have anything proving your point? Because all the links provided show exactly the opposite, unless of course you modified them to exclude certain items as Bourne implied in his Money Matters post but you referred to that as irrelevant a few posts back.

Where are these multiple schools audit reports from the past year? The only one posted is JMU's.

You pretty much showed that you can't tell an independent auditor's report from a hole in the ground with the arguments you tried to make and I'm frankly embarrassed for you.

You don't need anything more. I'm so confused how you are so ignorant on this topic given all the posts. For the third or fourth time now, I don't care about what Bourne said in 2016. None of that "creative accounting" mess is needed. No "projected growth" is needed. If you want answers to your basic a$$ questions, you need to start providing responses to the questions already asked of you.

Oh, well this should be good.

What would you like me to respond to? You've been all over the place so forgive me if I'm a bit confused.

(08-19-2021 08:31 AM)mturn017 Wrote:  

(08-19-2021 08:25 AM)DoubleDogDare Wrote:  

(08-19-2021 08:19 AM)mturn017 Wrote:  So that's it? You don't have anything proving your point? Because all the links provided show exactly the opposite, unless of course you modified them to exclude certain items as Bourne implied in his Money Matters post but you referred to that as irrelevant a few posts back.

Where are these multiple schools audit reports from the past year? The only one posted is JMU's.

You pretty much showed that you can't tell an independent auditor's report from a hole in the ground with the arguments you tried to make and I'm frankly embarrassed for you.

You don't need anything more. I'm so confused how you are so ignorant on this topic given all the posts. For the third or fourth time now, I don't care about what Bourne said in 2016. None of that "creative accounting" mess is needed. No "projected growth" is needed. If you want answers to your basic a$$ questions, you need to start providing responses to the questions already asked of you.

Oh, well this should be good.

What would you like me to respond to? You've been all over the place so forgive me if I'm a bit confused.

Calc for the $4.3M and the assumptions utilized to calculate.

(08-19-2021 08:43 AM)DoubleDogDare Wrote:  

(08-19-2021 08:31 AM)mturn017 Wrote:  

(08-19-2021 08:25 AM)DoubleDogDare Wrote:  

(08-19-2021 08:19 AM)mturn017 Wrote:  So that's it? You don't have anything proving your point? Because all the links provided show exactly the opposite, unless of course you modified them to exclude certain items as Bourne implied in his Money Matters post but you referred to that as irrelevant a few posts back.

Where are these multiple schools audit reports from the past year? The only one posted is JMU's.

You pretty much showed that you can't tell an independent auditor's report from a hole in the ground with the arguments you tried to make and I'm frankly embarrassed for you.

You don't need anything more. I'm so confused how you are so ignorant on this topic given all the posts. For the third or fourth time now, I don't care about what Bourne said in 2016. None of that "creative accounting" mess is needed. No "projected growth" is needed. If you want answers to your basic a$$ questions, you need to start providing responses to the questions already asked of you.

Oh, well this should be good.

What would you like me to respond to? You've been all over the place so forgive me if I'm a bit confused.

Calc for the $4.3M and the assumptions utilized to calculate.

Wow, OK.

It's pretty simple. From JMU's most recent financials (which I will repost here because I'm considerate like that) the total budget is 58,216,278 and the subsidy is 45,672,215 of Student Fees + 2,571,324 of Direct Institutional Support totaling 48,243,539. Dividing the subsidy by the total would give you a subsidized percentage of 82.86%.

Using the USA Today figures most recently posted (also linked) the highest subsidized school by percentage is FIU at 77.15%. Therefore to be less subsidized than FIU JMU would need to add 4,323,959 of department generated revenue without raising the subsidized amount.

48,243,539/(58,216,278 + 4,323,959) = 77.14%

https://sports.usatoday.com/ncaa/finances/

http://www.apa.virginia.gov/reports/Jame...AA2020.pdf