Revenues and Expenses Summary - Men's Basketball


01.) University of Louisville

Expenses = $15,489,954
Revenues = $42,434,684
Profit = $26,944,730

02.) University of North Carolina

Expenses = $7,157,618
Revenues = $24,011,268
Profit = $16,853,650

03.) Syracuse University

Expenses = $14,214,993
Revenues = $25,888,761
Profit = $11,673,768

04.) Duke University

Expenses = $15,901,099
Revenues = $25,665,732
Profit = $9,764,636

05.) North Carolina State University

Expenses = $5,444,127
Revenues = $12,758,543
Profit = $7,314,416

06.) Virginia Polytechnic Institute

Expenses = $5,501,959
Revenues = $11,121,774
Profit = $5,919,815

07.) University of Pittsburgh

Expenses = $7,344,213
Revenues = $12,075,292
Profit = $4,731,079

08.) University of Miami

Expenses = $5,795,451
Revenues = $9,436,615
Profit = $3,641,164

09.) Wake Forest University

Expenses = $4,850,811
Revenues = $8,158,064
Profit = $3,307,253

10.) Florida State University

Expenses = $6,101,054
Revenues = $8,218,140
Profit = $2,117,086

11.) Clemson University

Expenses = $5,075,735
Revenues = $7,027,905
Profit = $1,952,170

12.) University of Virginia

Expenses = $5,870,401
Revenues = $6,985,089
Profit = $1,114,688

13.) Georgia Institute of Technology

Expenses = $5,817,054
Revenues = $5,754,667
Profit = (Neg) - $62,387

14.) Boston College

Expenses = $5,620,659
Revenues = $4,997,434
Profit = (Neg) - $623,222

15.) University of Notre Dame

Expenses = $4,622,255
Revenues = $3,538,334
Profit = (Neg) - $1,083,921

Number 1 by $10 mill!

I'm amazed to see ND losing that much on hoops. They have been successful the several years. Probably ND's method for allocating expenses as their revenues seem really low. Maybe TerryD can shed some light on this.

Gotta love four teams netting $10MM on hoops. (Duke's close enough)

(01-10-2013 08:42 PM)HtownOrange Wrote:  I'm amazed to see ND losing that much on hoops. They have been successful the several years. Probably ND's method for allocating expenses as their revenues seem really low. Maybe TerryD can shed some light on this.

Gotta love four teams netting $10MM on hoops. (Duke's close enough)

Nd revenues don't make much sense. BE TV deal should be worth $1.5 million. Ncaa tourney money should be worth about the same. Ticket revenue should be worth at least $2.5 mil (100,000 x $25). This all goes to the grain of salt with which the EIA numbers should be taken due to accounting variations.

(01-10-2013 08:56 PM)orangefan Wrote:  

(01-10-2013 08:42 PM)HtownOrange Wrote:  I'm amazed to see ND losing that much on hoops. They have been successful the several years. Probably ND's method for allocating expenses as their revenues seem really low. Maybe TerryD can shed some light on this.

Gotta love four teams netting $10MM on hoops. (Duke's close enough)

Nd revenues don't make much sense. BE TV deal should be worth $1.5 million. Ncaa tourney money should be worth about the same. Ticket revenue should be worth at least $2.5 mil (100,000 x $25). This all goes to the grain of salt with which the EIA numbers should be taken due to accounting variations.

I was thing similarly to what you wrote. It probably has to do with the way ND allocates TV revenue and expenses. I know their hoops arena is not huge, but it seats 9K+ and they get name teams in there as well as Big East hoops money and Tourney money, so further explanation is due if we are to understand what is listed.

I have no idea. Not many ND fans care about basketball all that much.

I am a fan of ND basketball and baseball, but am probably in a small minority.

They struggle to fill the arena other than for top Big East games.

There are no luxury suites or much else to generate revenue.

ND doesn't even have a dedicated practice facility. There is no money even allocated or contemplated for that right now.

The arena was built in 1968. They came up with some money for a facelift, but not to build a new arena.

But, ND came up with a donor to fund a brand new, state of the art 5,000 seat hockey arena.

They also recently built brand new soccer and lacrosse stadiums.

That tells you something about how basketball is viewed at ND. It is something to help kill time between football season and spring football.

How does a college basketball team generate a lot of revenues, other than conference TV deal, NCAA credits and ticket sales?

(01-10-2013 09:44 PM)TerryD Wrote:  I have no idea. Not many ND fans care about basketball all that much.

I am a fan of ND basketball and baseball, but am probably in a small minority.

They struggle to fill the arena other than for top Big East games.

There are no luxury suites or much else to generate revenue.

ND doesn't even have a dedicated practice facility. There is no money even allocated or contemplated for that right now.

The arena was built in 1968. They came up with some money for a facelift, but not to build a new arena.

But, ND came up with a donor to fund a brand new, state of the art 5,000 seat hockey arena.

They also recently built brand new soccer and lacrosse stadiums.

That tells you something about how basketball is viewed at ND. It is something to help kill time between football season and spring football.

How does a college basketball team generate a lot of revenues, other than conference TV deal, NCAA credits and ticket sales?

Thanks, Terry. You said it: TV, tickets, Tourney credits, oh, and jerseys, but mostly the first three. Not having luxury boxes/suites may hurt some, but I would still think that there is some accounting practices that we don't understand. All legal, but not understood buy these limited numbers. Ex. ND may simply put all TV revenues towards scholarships or in a general AD fund.

(01-10-2013 08:56 PM)orangefan Wrote:  

(01-10-2013 08:42 PM)HtownOrange Wrote:  I'm amazed to see ND losing that much on hoops. They have been successful the several years. Probably ND's method for allocating expenses as their revenues seem really low. Maybe TerryD can shed some light on this.

Gotta love four teams netting $10MM on hoops. (Duke's close enough)

Nd revenues don't make much sense. BE TV deal should be worth $1.5 million. Ncaa tourney money should be worth about the same. Ticket revenue should be worth at least $2.5 mil (100,000 x $25). This all goes to the grain of salt with which the EIA numbers should be taken due to accounting variations.

Agreed. Which is why I tend to stick mostly with the Total Revenues and Total Expenses numbers. How each school gets to those numbers vary, but those final numbers should be the most reliable.

Cheers,
Neil

(01-10-2013 11:45 PM)HtownOrange Wrote:  

(01-10-2013 09:44 PM)TerryD Wrote:  I have no idea. Not many ND fans care about basketball all that much.

I am a fan of ND basketball and baseball, but am probably in a small minority.

They struggle to fill the arena other than for top Big East games.

There are no luxury suites or much else to generate revenue.

ND doesn't even have a dedicated practice facility. There is no money even allocated or contemplated for that right now.

The arena was built in 1968. They came up with some money for a facelift, but not to build a new arena.

But, ND came up with a donor to fund a brand new, state of the art 5,000 seat hockey arena.

They also recently built brand new soccer and lacrosse stadiums.

That tells you something about how basketball is viewed at ND. It is something to help kill time between football season and spring football.

How does a college basketball team generate a lot of revenues, other than conference TV deal, NCAA credits and ticket sales?

Thanks, Terry. You said it: TV, tickets, Tourney credits, oh, and jerseys, but mostly the first three. Not having luxury boxes/suites may hurt some, but I would still think that there is some accounting practices that we don't understand. All legal, but not understood buy these limited numbers. Ex. ND may simply put all TV revenues towards scholarships or in a general AD fund.

TerryD - Revenues can include sport specific donations. If fans are required to make a specific donation level to access premium tickets, such as NCAA tickets, conference tournament tickets, road games, or even club access at home games, that can count as sport specific revenue. For Syracuse, for instance, I'm guessing that ticket sales, tv and NCAA money totals around $15 million, but the hoops revenue is listed at $25 million. Most of the rest is is probably donations. Louisville has an NBA style arena with large numbers of corporate boxes and club seats to generate huge revenue numbers.

HtownOrange - my guess is that ND is treating its Big East TV money as non sport specific, for instance since the tv rights include other sports. It could even treat some of its ticket revenue this way if basketball tickets are sold a part of a multisport ticket package (e.g., if basketball season tickets come with tickets to baseball, lacrosse and other sports). Maybe Terry can comment on whether ND markets this way.