(11-06-2015 09:56 PM)mj4life Wrote: (11-06-2015 07:53 PM)nole Wrote: (11-06-2015 06:48 PM)nzmorange Wrote: I still don't get why GT makes so little money. They must have extremely strict policies regarding what the AD is allowed to recognize as revenue. I know I've posted on this topic before, but I'm still not satisfied with the answer that I got.
Just a side note....GT has one of the largest athletic endowments in the nation.
Last I checked....top 10.
So I also find it odd how they don't have more resources.
Depends on how the the fund is handled, UNC has a athletic endowment of 230 million or so & it is lumped in with the university's overall fund. So they may not count that as revenue
IIRC the Ed Foundations scholarship endowment money is bled into the annual revenues on a yearly donation basis - so for instance the 230 mill would net a donation to the Athletic Fund of about $8-10 million a year. UVa has something very similar. When you look at the equity numbers you will see it as a contribution that is not allocated to an individual sport.
IPTAY works a little differently and their donations stay outside the Clemson annual budget stream.
The reason GT is so small is because they have many fewer tickets to sell for football and basketball and can't charge a premium price due to any excess demand.
When you combine the potential football and basketall tickets that can be sold in any one year you get the follwoing:
ND has around 890K tickets they can sell
FSU has around 839 K
Louisville has around 810K
Syracuse has around 805K
UNC has around 780K
Clemson has around 780K
NC State has around 770K
UVa has around 675K
VT has around 630K
GT has around 540K
BC has around 525K
WF has around 495K
Duke has around 380K
Not that every ticket is sold, but every ticket available represent an opportunity to make money.
Duke averages $238 an available ticket. That is a function of the cost of basketball tickets and the robust donations and endowment.
FSU doesn't have a big endowment and gets most of it's from actual sales and post season football,and averages $146 per available tickets.
ND is close behind at $137.
BC is generating an average of $132 per available ticket. They have a very large athletic donation and endowment program that offsets poor overall ticket sales
VT is generating an averat of $130 per available ticket and does it almost all on the back of football
Louisville is generating about $130 per ticket and is probably the best balanced in ticket sales next to NC State.
GT is generating $121 per available ticket. They have many fewer tickets to sell, hence the reason they fall behind.
WF is generating $117 per availablel ticket and does so mostly on the back of basketball and annual donations.
UVA is generating $114 per available ticket and has a large endowment.
Syracuse is generating about $112 per available ticket and does so almost entirely on the back of basketball tickets.
UNC is generating $108 per available ticket. The could do much better but the football stadium is overbuilt and the Dean Dome does not allow for luxury box income.
NC State is generating about $100 an available ticket, with the Football stadium running at 90% or more of capacity with a large basketball arena. The endowment is tiny.
Clemson generates the least per available ticket at $98 and it's really all on the back of football as Clemson has almost three times the football tickets to sell as basketball and IPTAY controls it's capital expenditures for the programs.
All in all Duke is the head and shoulder leader in monitization. ND, FSU, BC, VT, and Louisville all do a very good job in that respect. GT and WF are actually raising money at a rate that is beyond what their facilities really support.
UNC, Syracuse, NC State, and Clemson are pretty average with revenue per available ticket. Part of it is venue size versus demand, and part of it is no attempt to price one of the two sports up to the point of pissing off the base.
For the most part, huge income is proportional to huge stadiums and tickets that you have to sell. Duke is a situation almost all it's own. Clemson should probably charge more for football, and FSU needs to sell about 7-8K more tickets for football. NC State needs a bigger football stadium, and UNC needs a more modern basketball arena.
The big takeaway should be that Duke and ND need no money and that BC and UVa can raise money to offest bad ticket sales.
It is Clemson, FSU, VT, NC State, and GT that are most dependent on football ticket sales to be their real revenue driver.