blunderbuss
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Athletic Revenues Pumped back into Academics
Do any of the "Rich 5" do this?
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08-27-2013 02:09 PM |
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Pony94
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Athletic Revenues Pumped back into Academics
Texas does
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08-27-2013 02:10 PM |
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bullet
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RE: Athletic Revenues Pumped back into Academics
(08-27-2013 02:10 PM)Pony94 Wrote: Texas does
The Texas athletic department has guaranteed a minimum of $11.6 million annually back into academics. $5 million of that comes from the LHN.
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08-27-2013 02:36 PM |
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BuzDawg73
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RE: Athletic Revenues Pumped back into Academics
I think LSU did this last year. $40 million?
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08-27-2013 02:39 PM |
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lew240z
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RE: Athletic Revenues Pumped back into Academics
(08-27-2013 02:39 PM)BuzDawg73 Wrote: I think LSU did this last year. $40 million?
If true, that is amazing.
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08-27-2013 02:49 PM |
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mlb
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RE: Athletic Revenues Pumped back into Academics
I am pretty sure Ohio State does as well.
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08-27-2013 02:54 PM |
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swampbear
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RE: Athletic Revenues Pumped back into Academics
(08-27-2013 02:49 PM)lew240z Wrote: (08-27-2013 02:39 PM)BuzDawg73 Wrote: I think LSU did this last year. $40 million?
If true, that is amazing.
BuzDawg is correct, LSU consistently pumps athletic profits into academics...
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08-27-2013 04:33 PM |
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domer1978
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RE: Athletic Revenues Pumped back into Academics
Notre Dame does also. Pretty large number if i remember correctly, Terry posted an article about it not to long ago.
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08-27-2013 05:16 PM |
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lumberpack4
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RE: Athletic Revenues Pumped back into Academics
(08-27-2013 05:16 PM)domer1978 Wrote: Notre Dame does also. Pretty large number if i remember correctly, Terry posted an article about it not to long ago.
Before you count the donation, check to see if a student fee or other transfer goes from the GF into the Athletic Fund. This is easy to manipulate with accounting tricks.
Let's say you have 20,000 students and they pay a $200 athletic fee. That's a $4 million transfer into the program. You could then make a big deal about donating $1,000,000 to the library, etc., but it's a fiction.
What is more difficult to tease out is conjoined fund raising efforts - at what point has the athletic program primed the donation pump so to speak. Without some highly detailed forensic accounting you have to guess. In the State of NC, I would say that athletics primes the pump on at least 25%-33% of the major donations at UNC, NC State, and ECU.
There are probably only 10-15 that can make major gifts back to the General Fund, Texas of course, ND, Duke (really small schools with outsized athletic success and the huge schools seem best able to do this). Duke can make the donation because it spends so little on football.
(This post was last modified: 08-27-2013 06:06 PM by lumberpack4.)
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08-27-2013 06:00 PM |
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chargeradio
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Athletic Revenues Pumped back into Academics
Alabama didn't have an athletic fee when I was a student, and was transferring 7 figures back to the University's general fund. The football team was not very good between 1998-2002, and was still in the process of phasing out Legion Field.
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08-27-2013 07:47 PM |
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He1nousOne
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RE: Athletic Revenues Pumped back into Academics
I saw something in that New York Post article and on a side note it stated that South Carolina had been pushing about 4 million a year back into academics from funds gained through athletics (football). That little tidbit came after explaining how South Carolina played ball with ESPN in terms of scheduling and thus improved their football program massively.
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08-27-2013 07:50 PM |
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Kaplony
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RE: Athletic Revenues Pumped back into Academics
Back in the early spring of 2012 there was a sense at Clemson that the University was losing track of it's mission because the academic side was undergoing cuts while the athletic department was springing for raises. The idea was that athletics was siphoning off money from academics. The AD sat down with the academic council and showed them the numbers. On paper the Clemson Athletic Dept gets a subsidy from the University. The vast majority of the subsidy is the fact that athletes are charged in-state tuition regardless of where they come from. The reality is the athletic department is completely self-sufficient and even contributes far more back to the university than the miniscule "subsidy" they receive. Since that time the only complaining has been received from just the hardest of the hard core academic hard-liners.
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08-27-2013 08:45 PM |
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TerryD
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RE: Athletic Revenues Pumped back into Academics
ND has been sending over $20 million a year (quite a few years now) from the athletic program to the academic side to fund academic scholarships.
"Nevala’s explanation pointed to a significant factor for Notre Dame’s extensive recruiting budget: the fact that Notre Dame athletics drives a significant portion of the university’s revenue.
According to Nevala , the Notre Dame athletics department is committed to providing $20 million worth of revenue to the university. This $20 million is additional to the amount of money the athletics department spends to fund all of the department’s scholarships. The $20 million worth of revenue provided by the athletics department to the university is used by the university to fund other students’ financial aid and to cover operating expenses. As for where the athletics department obtains the revenue from, Nevala explained that, “The revenue mainly comes from football ticket sales. We also have the benefit of a strong broadcasting relationship and fundraising,” said Nevala.
The athletics department’s ability to turn over $20 million worth of revenue to the university as a result of its football team’s success is arguably a reason why nearly one-half of Notre Dame’s entire recruiting budget is spent by the football team."
http://businessofcollegesports.com/2012/...-expenses/
(This post was last modified: 08-27-2013 10:33 PM by TerryD.)
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08-27-2013 08:52 PM |
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domer1978
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RE: Athletic Revenues Pumped back into Academics
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08-27-2013 09:56 PM |
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TerryD
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RE: Athletic Revenues Pumped back into Academics
There is a Forbes article from 2007 that also mentions it. I couldn't find that one.
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08-27-2013 10:10 PM |
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TerryD
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RE: Athletic Revenues Pumped back into Academics
"Notre Dame plans to continue using revenues from the contract to fund the school's financial-aid endowment for the general student body, not including athletes. The school said that since 1991, about 6,300 undergraduates have received nearly $80 million in aid from revenue generated through the NBC contract.
Notre Dame also uses NBC revenues to endow doctoral fellowships in its graduate school and MBA scholarships in its Mendoza College of Business."
http://espn.go.com/college-football/stor...-deal-2025
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08-27-2013 10:31 PM |
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CougarRed
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RE: Athletic Revenues Pumped back into Academics
The State of Texas gives UT a lot more money from the taxpayers each year than the UT athletic department gives back to the school. Any argument for paying players winds up at the doorstep of the taxpayer one way or another, at least at state supported schools.
(This post was last modified: 08-27-2013 10:34 PM by CougarRed.)
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08-27-2013 10:33 PM |
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