(08-19-2021 11:28 AM)boozeNammo Wrote:  

(08-19-2021 11:13 AM)Dukes1987 Wrote:  No one cares about this fight or bet. Take it offline or start a new thread. You choose to come to JMU for many reasons. If you don’t think you should pay student fees - go somewhere else. Not sure students really care how the money is carved up. I have students at other schools. JMU’s facilities are equal or better as are the student activities. Total cost of attendance is also significantly less at JMU.

This x's 4.7 billions and billions (that's algebraic, quasi-calculus... not accountant math).

More reliable than anything DoubleDogDare posts.

JMU just got an AAC invite?! My sources are never wrong (80% of the time).

(08-19-2021 11:29 AM)DoubleDogDare Wrote:  

(08-19-2021 11:00 AM)mturn017 Wrote:  You're dishonest and a mental midget and a disgrace to the profession.

Now do FIU. You owe them 214K in entrance fees. That's enough to cover right? Of and CUSA's payout will be much less than in 2019 considering 2020 NCAA tournament was cancelled and we owe the NCAA 3+M for the Alston case. And I'm pretty sure you're not entitled to any NCAA credits that were earned before you joined.

None of this matters though because you clearly moved the goalposts after you were called out and cornered. And the reports used I've proven to be unreliable.

You are talking about rounding errors man. I didn't move the goalpost bud, you did. Even if you want to believe that I moved the goalpost, they were moved prior to you accepting. It's all quoted right above.

Your whole argument was based on taking JMU's current percent subsidized to a hypothetical situation of JMU in CUSA was dumb. Like full stop. No need to even talk about "comparability" or "gold standard" or whatever the f'ck tangent you want to go down. If the conversation is a hypothetical of JMU being in CUSA, there is literally no reason to discuss JMU's current percentage as its based on a revenue number that is no longer relevant.

Here is what matters: CUSA's sh!t media package is still 4x bigger than the CAA and Flo Sports deal. CUSA receives more money from the NCAA, and as such distributes more money to their schools than the CAA. JMU's revenue increases as soon as JMU and CUSA sign the paperwork. This has nothing to do with "projecting growth." This has nothing to do with Herdfan's "Here we go with the “we account for things different at JMU”."  Its straight up a mechanism of the CUSA having more money than CAA.

I don't need to point out that ticket prices would increase. I don't need to point out that donations would increase. I don't need to point out that sponsorships and licensing would increase. I don't need to touch anything that could possibly be subjective (but yet supportable by underlying data that a reasonable person would consider). All of that would easily cover the assumptions you are making on additional expenses.

You were wrong about what source I was "going to trot out." You were especially wrong when you said that as I had already said the source was the audit reports. You were wrong about comparable data (thinking I was comparing JMU audit reports to other schools USA Today data, no d!psh!t I can take the f'ing audit reports from two schools in the same stated signed by the same f'ing person). You were wrong to even think about the Cox bill calculations.You were wrong to even think about Bourne's statement. You were wrong to push the "creative accounting" conspiracy. You have flat out been wrong time and time again.

I didn't correctly attach a picture.

I think it is clear who is the dishonest mental midget (which by the way, I love that, I fully plan on using that in the future.)

No one believes you.

(08-19-2021 11:35 AM)mturn017 Wrote:  

(08-19-2021 11:29 AM)DoubleDogDare Wrote:  

(08-19-2021 11:00 AM)mturn017 Wrote:  You're dishonest and a mental midget and a disgrace to the profession.

Now do FIU. You owe them 214K in entrance fees. That's enough to cover right? Of and CUSA's payout will be much less than in 2019 considering 2020 NCAA tournament was cancelled and we owe the NCAA 3+M for the Alston case. And I'm pretty sure you're not entitled to any NCAA credits that were earned before you joined.

None of this matters though because you clearly moved the goalposts after you were called out and cornered. And the reports used I've proven to be unreliable.

You are talking about rounding errors man. I didn't move the goalpost bud, you did. Even if you want to believe that I moved the goalpost, they were moved prior to you accepting. It's all quoted right above.

Your whole argument was based on taking JMU's current percent subsidized to a hypothetical situation of JMU in CUSA was dumb. Like full stop. No need to even talk about "comparability" or "gold standard" or whatever the f'ck tangent you want to go down. If the conversation is a hypothetical of JMU being in CUSA, there is literally no reason to discuss JMU's current percentage as its based on a revenue number that is no longer relevant.

Here is what matters: CUSA's sh!t media package is still 4x bigger than the CAA and Flo Sports deal. CUSA receives more money from the NCAA, and as such distributes more money to their schools than the CAA. JMU's revenue increases as soon as JMU and CUSA sign the paperwork. This has nothing to do with "projecting growth." This has nothing to do with Herdfan's "Here we go with the “we account for things different at JMU”."  Its straight up a mechanism of the CUSA having more money than CAA.

I don't need to point out that ticket prices would increase. I don't need to point out that donations would increase. I don't need to point out that sponsorships and licensing would increase. I don't need to touch anything that could possibly be subjective (but yet supportable by underlying data that a reasonable person would consider). All of that would easily cover the assumptions you are making on additional expenses.

You were wrong about what source I was "going to trot out." You were especially wrong when you said that as I had already said the source was the audit reports. You were wrong about comparable data (thinking I was comparing JMU audit reports to other schools USA Today data, no d!psh!t I can take the f'ing audit reports from two schools in the same stated signed by the same f'ing person). You were wrong to even think about the Cox bill calculations.You were wrong to even think about Bourne's statement. You were wrong to push the "creative accounting" conspiracy. You have flat out been wrong time and time again.

I didn't correctly attach a picture.

I think it is clear who is the dishonest mental midget (which by the way, I love that, I fully plan on using that in the future.)

No one believes you.

You ever wonder if maybe he is just taking a piss out of you at this point?

(08-19-2021 11:50 AM)JMaddy Wrote:  

(08-19-2021 11:35 AM)mturn017 Wrote:  

(08-19-2021 11:29 AM)DoubleDogDare Wrote:  

(08-19-2021 11:00 AM)mturn017 Wrote:  You're dishonest and a mental midget and a disgrace to the profession.

Now do FIU. You owe them 214K in entrance fees. That's enough to cover right? Of and CUSA's payout will be much less than in 2019 considering 2020 NCAA tournament was cancelled and we owe the NCAA 3+M for the Alston case. And I'm pretty sure you're not entitled to any NCAA credits that were earned before you joined.

None of this matters though because you clearly moved the goalposts after you were called out and cornered. And the reports used I've proven to be unreliable.

You are talking about rounding errors man. I didn't move the goalpost bud, you did. Even if you want to believe that I moved the goalpost, they were moved prior to you accepting. It's all quoted right above.

Your whole argument was based on taking JMU's current percent subsidized to a hypothetical situation of JMU in CUSA was dumb. Like full stop. No need to even talk about "comparability" or "gold standard" or whatever the f'ck tangent you want to go down. If the conversation is a hypothetical of JMU being in CUSA, there is literally no reason to discuss JMU's current percentage as its based on a revenue number that is no longer relevant.

Here is what matters: CUSA's sh!t media package is still 4x bigger than the CAA and Flo Sports deal. CUSA receives more money from the NCAA, and as such distributes more money to their schools than the CAA. JMU's revenue increases as soon as JMU and CUSA sign the paperwork. This has nothing to do with "projecting growth." This has nothing to do with Herdfan's "Here we go with the “we account for things different at JMU”."  Its straight up a mechanism of the CUSA having more money than CAA.

I don't need to point out that ticket prices would increase. I don't need to point out that donations would increase. I don't need to point out that sponsorships and licensing would increase. I don't need to touch anything that could possibly be subjective (but yet supportable by underlying data that a reasonable person would consider). All of that would easily cover the assumptions you are making on additional expenses.

You were wrong about what source I was "going to trot out." You were especially wrong when you said that as I had already said the source was the audit reports. You were wrong about comparable data (thinking I was comparing JMU audit reports to other schools USA Today data, no d!psh!t I can take the f'ing audit reports from two schools in the same stated signed by the same f'ing person). You were wrong to even think about the Cox bill calculations.You were wrong to even think about Bourne's statement. You were wrong to push the "creative accounting" conspiracy. You have flat out been wrong time and time again.

I didn't correctly attach a picture.

I think it is clear who is the dishonest mental midget (which by the way, I love that, I fully plan on using that in the future.)

No one believes you.

You ever wonder if maybe he is just taking a piss out of you at this point?

He's just not very good with numbers and apparently refuses to admit that he's wrong. He started this and took it to lala land to have the last word. And still couldn't prove what he set out to.

Just quit egging him on and end this. How about that?

(08-19-2021 11:55 AM)boozeNammo Wrote:  Just quit egging him on and end this. How about that?

What you wanna fight?

(08-19-2021 11:53 AM)mturn017 Wrote:  

(08-19-2021 11:50 AM)JMaddy Wrote:  

(08-19-2021 11:35 AM)mturn017 Wrote:  

(08-19-2021 11:29 AM)DoubleDogDare Wrote:  

(08-19-2021 11:00 AM)mturn017 Wrote:  You're dishonest and a mental midget and a disgrace to the profession.

Now do FIU. You owe them 214K in entrance fees. That's enough to cover right? Of and CUSA's payout will be much less than in 2019 considering 2020 NCAA tournament was cancelled and we owe the NCAA 3+M for the Alston case. And I'm pretty sure you're not entitled to any NCAA credits that were earned before you joined.

None of this matters though because you clearly moved the goalposts after you were called out and cornered. And the reports used I've proven to be unreliable.

You are talking about rounding errors man. I didn't move the goalpost bud, you did. Even if you want to believe that I moved the goalpost, they were moved prior to you accepting. It's all quoted right above.

Your whole argument was based on taking JMU's current percent subsidized to a hypothetical situation of JMU in CUSA was dumb. Like full stop. No need to even talk about "comparability" or "gold standard" or whatever the f'ck tangent you want to go down. If the conversation is a hypothetical of JMU being in CUSA, there is literally no reason to discuss JMU's current percentage as its based on a revenue number that is no longer relevant.

Here is what matters: CUSA's sh!t media package is still 4x bigger than the CAA and Flo Sports deal. CUSA receives more money from the NCAA, and as such distributes more money to their schools than the CAA. JMU's revenue increases as soon as JMU and CUSA sign the paperwork. This has nothing to do with "projecting growth." This has nothing to do with Herdfan's "Here we go with the “we account for things different at JMU”."  Its straight up a mechanism of the CUSA having more money than CAA.

I don't need to point out that ticket prices would increase. I don't need to point out that donations would increase. I don't need to point out that sponsorships and licensing would increase. I don't need to touch anything that could possibly be subjective (but yet supportable by underlying data that a reasonable person would consider). All of that would easily cover the assumptions you are making on additional expenses.

You were wrong about what source I was "going to trot out." You were especially wrong when you said that as I had already said the source was the audit reports. You were wrong about comparable data (thinking I was comparing JMU audit reports to other schools USA Today data, no d!psh!t I can take the f'ing audit reports from two schools in the same stated signed by the same f'ing person). You were wrong to even think about the Cox bill calculations.You were wrong to even think about Bourne's statement. You were wrong to push the "creative accounting" conspiracy. You have flat out been wrong time and time again.

I didn't correctly attach a picture.

I think it is clear who is the dishonest mental midget (which by the way, I love that, I fully plan on using that in the future.)

No one believes you.

You ever wonder if maybe he is just taking a piss out of you at this point?

He's just not very good with numbers and apparently refuses to admit that he's wrong. He started this and took it to lala land to have the last word. And still couldn't prove what he set out to.

This is my "All work and no play makes Jack a dull boy" moment about your CPA beef.

Ok I'll stop.

Back on topic. You guys got anything planned for the 10 year anniversary of this statement coming up next month?

http://jmusportsblog.com/?p=2986

Rhymes with "blontering the fitcheration".

Months? Years? What's a rounding error among CPA friends?

The statement is as follows:

"... that he could see JMU becoming a charter member of a conference comprised of upper-level I-AA schools and lower-level I-A schools..."

So... the mythical Eastern League, which I believe Wood Selig talked about a few weeks ago in an interview?

You accountants are starting to make Insurance people seem interesting.

(08-19-2021 12:13 PM)AssyrianDuke Wrote:  Months? Years? What's a rounding error among CPA friends?

The statement is as follows:

"... that he could see JMU becoming a charter member of a conference comprised of upper-level I-AA schools and lower-level I-A schools..."

So... the mythical Eastern League, which I believe Wood Selig talked about a few weeks ago in an interview?

Then chuckled and said probably not when asked if he thought it would happen.

I'm done with the little brother that came up with the rules of the game, still lost, and then ran crying to mom with no honor.

For everyone else. I'll happily respond to PMs on how using a couple reasonable estimates/assumptions (based on ODU's audit report and the Carr report) results in JMU's revenue increasing ~$7.3M in FBS. I'll note that for each individual line item that is adjusted from FCS reported levels based on an estimate/assumption, I have 3 sources of underlying data to determine the assumption used to calculate the revenue impact. Depending on if JMU decided to cut student fees due to the add'l revenue or keep them the same and inflate spending past what it is already estimated to increase with a move to FBS, the subsidy percentage would be 67.3 - 70.1%

I want to be clear, the numbers above have no "creative accounting." I don't consider any expense decreases due to moving spirits group, debt service, or indirect expenses that athletics pays JMU outside the calculation. I actually increase all of these expenses. I don't consider the scholarship arrangement between athletics and JMU and potential expense savings from switching it up. I actually increase this expense as well.

Napkin math right now for the creative accounting: Subsidiary would go down to ~58% when considering increased expenses associated with FBS, decreased expenses due to creative accounting, and no impact of the scholarship arrangement. Since that percentage is after considering revenue increases in FBS, and creative accounting, there is nothing readily left to get JMU under 55%, and we are left in a $2.9M hole (yes total revenue to get to 55% would now be ~$10.2M and not the $8.5M from 2016 due to expenses increasing the past few years).

What a bunch of nerds.

(08-19-2021 01:11 PM)HyperDuke Wrote:  What a bunch of nerds.

Ditto man. But boy oh boy am I a proud dad looking at my fancy new spreadsheet.

Fcckkkk I just realized I used blue lines instead of purple. BRB excel is calling!

odu sucks Go Dukes

(08-19-2021 08:00 AM)Purple Wrote:  

(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.

These are facts

If you are going to add in CUSA distributions then you have to add in CUSA travel to your expenses. Just saying.

(08-19-2021 09:01 PM)herdfan129 Wrote:  If you are going to add in CUSA distributions then you have to add in CUSA travel to your expenses. Just saying.

Waitttt.... Nooooo!!!! Reallllllyyyy?


Oh....nevermind...I forgot you stay 3 steps behind

(08-19-2021 01:05 PM)DoubleDogDare Wrote:  .............Depending on if JMU decided to cut student fees due to the add'l revenue or keep them the same and inflate spending past what it is already estimated to increase with a move to FBS, the subsidy percentage would be 67.3 - 70.1%

.............Napkin math right now for the creative accounting: Subsidiary would go down to ~58% when considering increased expenses associated with FBS, decreased expenses due to creative accounting, and no impact of the scholarship arrangement. ............