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Peer Schools - Basketball Budgets
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tribeinexile Offline
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Post: #1
Peer Schools - Basketball Budgets
I am trying to get a handle on the basketball budgets for W&M and its peers. I am putting this out here so I can be corrected as much as for any other reason.

What is our current peer group? I define it as schools playing both football and basketball in the CAA. That would be JMU, Towson, Delaware (and ourselves). The administrations for these schools must fund football and meet the resulting Title IX requirements for women's sports. They must do so in an environment where the business model for most colleges is failing and the business model for non-Power 5 FBS conferences will fail soon. (Obviously my editorial opinion here.)

What are the 2013 basketball budgets for CAA schools with football? Delaware is at $1.7 million while Towson and W&M at at $1.6 million. JMU seems to be an outlier at $2.5 million but I seem to recall that JMU allocates costs to its athletic department that other schools don't. They also seem to have brought in a new coach at a fairly small salary. So I'm going to suggest that in 2013 dollars the typical basketball budget for a CAA school with football is about $1.6 million.

What are the 2013 basketball budgets for the CAA schools without football? CofC was at $2.4 million, Northeastern and Drexel were $2.5 million and Hofstra was $2.6 million. The outlier here seems to be UNC-W at $1.6 million. However this was before Keats so I imagine their current budget is closer to the other schools. So I'm going to suggest that the typical basketball budget for a CAA school without basketball is $2.5 million.

(I have excluded from this analysis private schools such as UR, Villanova and Elon because they operate under a different business model than the public schools.)

That's a $900,000 annual basketball shortfall against the CAA basketball-only public schools. I do not know how much that affects recruiting since we probably go head-to-head against a different set of schools (except perhaps for Northeastern) but it does impact our ability to retain coaching staff, "buy" home games or our way into pre- and post-season tournaments, etc.

(I have excluded private schools such as UR, Villanova and Elon from this analysis because they operate under a different business model than the public schools.)

Am I mis-stating the situatuion?
04-26-2016 09:25 PM
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Tribeheart Online
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RE: Peer Schools - Basketball Budgets
Possibly, since Northeastern, Hofstra and Drexel are actually private schools, not public. CofC is the outlier as a public university, but their model/budget possibly started while Cremins was still heading up the program, but still may be a reflection of no football.

Maybe, look at Stony Brook, Albany, Coastal Carolina, Tennessee-Chattanooga, Northern Iowa and North Dakota State for additional comparisons of public schools with solid mid major bball and FCS football.
(This post was last modified: 04-26-2016 11:42 PM by Tribeheart.)
04-26-2016 11:00 PM
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62Indian Offline
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RE: Peer Schools - Basketball Budgets
(04-26-2016 11:00 PM)Tribeheart Wrote:  Possibly, since Northeastern, Hofstra and Drexel are actually private schools, not public. CofC is the outlier as a public university, but their model/budget possibly started while Cremins was still heading up the program, but still may be a reflection of no football.

Maybe, look at Stony Brook, Albany, Coastal Carolina, Tennessee-Chattanooga, Northern Iowa and North Dakota State for additional comparisons of public schools with solid mid major bball and FCS football.
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You really need to factor "student population" into your caalculations, given the fact that most schools and all state schools assess a separate FEE [to support student athletics], separate from tuition, to each student. So a college/university like Stony Brook [with 25,000 students] is going to have a lot more money available to support athletics than a school like W&M which has a total student population of about 8 or 9,000. W&M by design and preference has always been a SMALL PUBLIC UNIVERSITY. .
04-27-2016 09:48 AM
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tribeinexile Offline
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Post: #4
RE: Peer Schools - Basketball Budgets
Thanks for the feedback. It simply proves that how difficult it is to adhere to analytical rigor on a subject one is passionate about.

I started with an analysis of where W&M stands in college athletics and segued immediately into a view I what I hope we become.

The feedback correctly pointed out that I was including private schools in my basketball-only schools (hard to view Drexel, Northeastern and Hofstra as private schools). I should have only included CofC and UNC-W. The problem then becomes the smallness of the sample size.

The lack of funding from student fees, due to our relatively small enrollment, is a revenue issue, which I wasn't addressing directly.

Of the list of other possible peer schools, only Northern Iowa (I think) plays in a high level basketball conference, It appears their basketball budget is $3.5 million. And actually their athletic success and size (10,000 undergraduate students) make them a peer to emulate.

Here is what I should have said:

We can't expect the W&M administration to place a high priority on upgrading the basketball program WITHOUT SIGNIFICANT SUPPORT AND "PRESSURE". Their focus has to be on the transition to a charter school in the difficult environment that all colleges face today.

For those schools offering scholarship football, the athletic environment is very difficult as well. It will be interesting to see how much Delaware and JMU are able to invest in their basketball programs going forward.

The easiest ways to become a basketball power are to go Patriot League in football or to cut out many non-revenue sports. I can't support either move because that is not who we are.

What I want is for W&M to be different and be a small college with successful football AND basketball. W&M has a lot to offer and maybe we don't need an absolutely equal budget and facility playground with other successful programs. However, the more we can close the funding gap, the more likely we can have success.

It seems to me the funding gap needs to come from increased ticket sales from winning (and a protocol that returns those funds to the basketball program) and a robust booster program. With increased funding comes the ability to "buy" games and invest in recruiting. Unfortunately, it will take longer to build up coaches' salaries and facilities but those too are necessary steps.

End of rant - had severe emotional distress following last year's recruiting season but despite my pledges that I wouldn't do that again, I will now return to following our recruiting threads.
04-28-2016 07:39 PM
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