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NCAA posts a $400 million loss for 2016
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Georgia_Power_Company Offline
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NCAA posts a $400 million loss for 2016
Even though the NCAA took in almost $1 billion for 2016 they still reported a huge loss. It looks like the gauntlet of lawsuits are really taking a bite out of NCAA revenues. If this continues how will the NCAA remain solvent?

http://collegefootballtalk.nbcsports.com...s-in-2016/
(This post was last modified: 03-08-2017 09:25 AM by Georgia_Power_Company.)
03-08-2017 09:24 AM
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MWC Tex Offline
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RE: NCAA posts a $400 million loss for 2016
Well..that should silence a few here who think the NCAA rolls in cash.
03-08-2017 10:13 AM
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Wolfman Offline
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RE: NCAA posts a $400 million loss for 2016
The NCAA rolls in cash.

Quote:The $500 million increase in expenses results largely from a myriad factors: a 1-time distribution to member schools of $200 million in March, a $200 million lawsuit settlement proposal in November, a payment of $42 million to lawyers in association with the Ed O’Bannon case, and a $25 million jump in outside legal expenses.

Take out the $500m in 1-time expenses and the NCAA has $100m profit. 10% net profit is impressive in any industry.
03-08-2017 10:59 AM
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The Cutter of Bish Offline
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RE: NCAA posts a $400 million loss for 2016
Right. Never buy into margin losses. There's still profit.

And...the NCAA is not a business. That it even makes profit as a non-profit?
(This post was last modified: 03-08-2017 11:13 AM by The Cutter of Bish.)
03-08-2017 11:12 AM
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MplsBison Offline
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Post: #5
RE: NCAA posts a $400 million loss for 2016
The NCAA is not a business, and is not for-profit.


So how can you possibly even talk about "loss"??????
03-08-2017 12:24 PM
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kreed5120 Offline
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Post: #6
RE: NCAA posts a $400 million loss for 2016
I think what the OP is getting at is these "1 time expenses" are becoming an annual occurrence.
(This post was last modified: 03-08-2017 12:30 PM by kreed5120.)
03-08-2017 12:29 PM
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MplsBison Offline
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RE: NCAA posts a $400 million loss for 2016
Shouldn't be. The lawsuits will eventually be decided, that won't go on forever.

I'd be curious to know what the "a 1-time distribution to member schools of $200 million in March" was?? Obviously they're not talking about distributions from March Madness, as those are normal yearly "expenses".
03-08-2017 12:42 PM
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billybobby777 Offline
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RE: NCAA posts a $400 million loss for 2016
(03-08-2017 12:24 PM)MplsBison Wrote:  The NCAA is not a business, and is not for-profit.


So how can you possibly even talk about "loss"??????

It is bit odd when a non-profit has a loss. Does the NCAA make public what they pay their employees? Mark Emmert?

Cheers!
P.S. I looked it up and NCAA CEO made 2.7 million in 2014. Nice gig at a non-profit.
(This post was last modified: 03-08-2017 01:05 PM by billybobby777.)
03-08-2017 01:03 PM
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john01992 Offline
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Post: #9
RE: NCAA posts a $400 million loss for 2016
what one-time $200 million figure are they talking about?
03-08-2017 01:08 PM
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Georgia_Power_Company Offline
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RE: NCAA posts a $400 million loss for 2016
(03-08-2017 12:29 PM)kreed5120 Wrote:  I think what the OP is getting at is these "1 time expenses" are becoming an annual occurrence.

That's correct IF the NCAA is beset by ever increasing legal fees can it survive? If that doesn't happen then yes the NCAA is in better shape but based on this one year it's apparent to me that they had better increase that rainy day fund to offset future costs.
03-08-2017 01:37 PM
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Big Frog II Offline
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Post: #11
RE: NCAA posts a $400 million loss for 2016
Maybe they should layoff some of those overpaid employees.
03-08-2017 01:44 PM
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JRsec Offline
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Post: #12
RE: NCAA posts a $400 million loss for 2016
(03-08-2017 12:42 PM)MplsBison Wrote:  Shouldn't be. The lawsuits will eventually be decided, that won't go on forever.

I'd be curious to know what the "a 1-time distribution to member schools of $200 million in March" was?? Obviously they're not talking about distributions from March Madness, as those are normal yearly "expenses".

And yet it bankrolls approximately 70 million a year into one of its endowments the total of which is approaching 1 Billion!
03-08-2017 02:19 PM
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MplsBison Offline
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Post: #13
RE: NCAA posts a $400 million loss for 2016
Good to know.

I'm sure there are many approved ways to feed excess earnings back into the machine so as to "burn off" otherwise profit.
03-08-2017 02:29 PM
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jgkojak Offline
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RE: NCAA posts a $400 million loss for 2016
Or the NCAA has to change their model.

What is their primary function? Clearinghouse for student athletes for all sports.

Maybe they should create a new system to manage only Power 5 football and NCAA Men's and Women's hoops?
Get the other student athletes through the system fast because no one really needs to investigate the 9th grade English class a Diver or volleyball player took.

Or even an elite system where players with more than 2 schools actively recruiting are sent through?
03-09-2017 12:38 PM
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DavidSt Offline
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RE: NCAA posts a $400 million loss for 2016
Maybe reform the NCAA and bring up more schools from D2, D3 and NAIA. You could bring in more fans, bring back rivalry games and so forth. Look at how many schools that were rivals for a long time that can not play with each other in competition? Arkansas Tech Vs Central Arkansas was the biggest rivalry games and usually sold out for football, basketball and all that. Basketball they can't compete for stats and all that. It is now considered as an exhibition game. NCAA could get more money back if you reunite old rivaly games that fans do care about.
03-09-2017 06:35 PM
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billybobby777 Offline
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RE: NCAA posts a $400 million loss for 2016
(03-09-2017 06:35 PM)DavidSt Wrote:  Maybe reform the NCAA and bring up more schools from D2, D3 and NAIA. You could bring in more fans, bring back rivalry games and so forth. Look at how many schools that were rivals for a long time that can not play with each other in competition? Arkansas Tech Vs Central Arkansas was the biggest rivalry games and usually sold out for football, basketball and all that. Basketball they can't compete for stats and all that. It is now considered as an exhibition game. NCAA could get more money back if you reunite old rivaly games that fans do care about.

What was the football attendence for Arky Tech vs Central Arky?

Cheers!
03-09-2017 07:12 PM
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DavidSt Offline
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RE: NCAA posts a $400 million loss for 2016
(03-09-2017 07:12 PM)billybobby777 Wrote:  
(03-09-2017 06:35 PM)DavidSt Wrote:  Maybe reform the NCAA and bring up more schools from D2, D3 and NAIA. You could bring in more fans, bring back rivalry games and so forth. Look at how many schools that were rivals for a long time that can not play with each other in competition? Arkansas Tech Vs Central Arkansas was the biggest rivalry games and usually sold out for football, basketball and all that. Basketball they can't compete for stats and all that. It is now considered as an exhibition game. NCAA could get more money back if you reunite old rivaly games that fans do care about.

What was the football attendence for Arky Tech vs Central Arky?

Cheers!


Quote: Scoring Summary (Final)
2005 CENTRAL ARKANSAS BEARS
#19 Central Arkansas vs #20 Arkansas Tech (Nov 3, 2005 at Russellville, Ark.)

Central Arkansas (9-2,8-1) vs. Arkansas Tech (7-3,6-3)
Date: Nov 3, 2005 Site: Russellville, Ark. Stadium: Buerkle Field
Attendance: 8859

The stadium capacity for Tech is 7500 at least. They sold 1300 more tickets than allowed. That is why Central Arkansas to make the leap at the same time they did. Tech could draw more crowds than several teams in FCS already. That is even more than Eastern Michigan from their 2015 season. Tech would be better off if they move into the Southland for all sports. They could do the FCOAs that got them put on probation for their major sports that they got caught. Their football, basketball (m/w) and their baseball have been very good that they appear in post season play.
03-10-2017 11:00 PM
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billybobby777 Offline
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RE: NCAA posts a $400 million loss for 2016
(03-10-2017 11:00 PM)DavidSt Wrote:  
(03-09-2017 07:12 PM)billybobby777 Wrote:  
(03-09-2017 06:35 PM)DavidSt Wrote:  Maybe reform the NCAA and bring up more schools from D2, D3 and NAIA. You could bring in more fans, bring back rivalry games and so forth. Look at how many schools that were rivals for a long time that can not play with each other in competition? Arkansas Tech Vs Central Arkansas was the biggest rivalry games and usually sold out for football, basketball and all that. Basketball they can't compete for stats and all that. It is now considered as an exhibition game. NCAA could get more money back if you reunite old rivaly games that fans do care about.

What was the football attendence for Arky Tech vs Central Arky?

Cheers!


Quote: Scoring Summary (Final)
2005 CENTRAL ARKANSAS BEARS
#19 Central Arkansas vs #20 Arkansas Tech (Nov 3, 2005 at Russellville, Ark.)

Central Arkansas (9-2,8-1) vs. Arkansas Tech (7-3,6-3)
Date: Nov 3, 2005 Site: Russellville, Ark. Stadium: Buerkle Field
Attendance: 8859

The stadium capacity for Tech is 7500 at least. They sold 1300 more tickets than allowed. That is why Central Arkansas to make the leap at the same time they did. Tech could draw more crowds than several teams in FCS already. That is even more than Eastern Michigan from their 2015 season. Tech would be better off if they move into the Southland for all sports. They could do the FCOAs that got them put on probation for their major sports that they got caught. Their football, basketball (m/w) and their baseball have been very good that they appear in post season play.

Interesting. Thanks David

Cheers!
03-11-2017 07:08 PM
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