ODUalum78
Overseer of the Unwashed Masses
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RE: Wichita State to the AAC?
(03-26-2017 06:36 PM)EverRespect Wrote: (03-26-2017 06:33 PM)Justanodufan Wrote: (03-26-2017 01:51 PM)monarx Wrote: Football supposedly makes a small profit, so financially it should make no negative impact at all on basketball
All the schools list do not have football, therefore they can spend a large amount of money on basketball.
ODU has football and basketball. Therefore, unlike all the nonfootball schools that were listed, ODU has to split their money in a way that funds two expensive sports. This was not an issue 10 years ago when football wasn't reality at ODU.
And football does not make a profit.
We can do well in basketball spending what we were spending 10 years ago (we did well in basketball 10 years ago). Are we spending more or less than that right now?
Sent from my DROID RAZR HD using Tapatalk
Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
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03-26-2017 07:06 PM |
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Justanodufan
1st String
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RE: Wichita State to the AAC?
(03-26-2017 07:06 PM)ODUalum78 Wrote: (03-26-2017 06:36 PM)EverRespect Wrote: (03-26-2017 06:33 PM)Justanodufan Wrote: (03-26-2017 01:51 PM)monarx Wrote: Football supposedly makes a small profit, so financially it should make no negative impact at all on basketball
All the schools list do not have football, therefore they can spend a large amount of money on basketball.
ODU has football and basketball. Therefore, unlike all the nonfootball schools that were listed, ODU has to split their money in a way that funds two expensive sports. This was not an issue 10 years ago when football wasn't reality at ODU.
And football does not make a profit.
We can do well in basketball spending what we were spending 10 years ago (we did well in basketball 10 years ago). Are we spending more or less than that right now?
Sent from my DROID RAZR HD using Tapatalk
Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
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03-26-2017 07:09 PM |
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ODUalum78
Overseer of the Unwashed Masses
Posts: 9,359
Joined: May 2012
Reputation: 158
I Root For: ODU
Location: Chesterfield, Va
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RE: Wichita State to the AAC?
(03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: (03-26-2017 06:36 PM)EverRespect Wrote: (03-26-2017 06:33 PM)Justanodufan Wrote: (03-26-2017 01:51 PM)monarx Wrote: Football supposedly makes a small profit, so financially it should make no negative impact at all on basketball
All the schools list do not have football, therefore they can spend a large amount of money on basketball.
ODU has football and basketball. Therefore, unlike all the nonfootball schools that were listed, ODU has to split their money in a way that funds two expensive sports. This was not an issue 10 years ago when football wasn't reality at ODU.
And football does not make a profit.
We can do well in basketball spending what we were spending 10 years ago (we did well in basketball 10 years ago). Are we spending more or less than that right now?
Sent from my DROID RAZR HD using Tapatalk
Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
(This post was last modified: 03-26-2017 07:48 PM by ODUalum78.)
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03-26-2017 07:41 PM |
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Justanodufan
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RE: Wichita State to the AAC?
(03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: (03-26-2017 06:36 PM)EverRespect Wrote: (03-26-2017 06:33 PM)Justanodufan Wrote: All the schools list do not have football, therefore they can spend a large amount of money on basketball.
ODU has football and basketball. Therefore, unlike all the nonfootball schools that were listed, ODU has to split their money in a way that funds two expensive sports. This was not an issue 10 years ago when football wasn't reality at ODU.
And football does not make a profit.
We can do well in basketball spending what we were spending 10 years ago (we did well in basketball 10 years ago). Are we spending more or less than that right now?
Sent from my DROID RAZR HD using Tapatalk
Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million
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03-26-2017 07:53 PM |
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ODUalum78
Overseer of the Unwashed Masses
Posts: 9,359
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I Root For: ODU
Location: Chesterfield, Va
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RE: Wichita State to the AAC?
(03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: (03-26-2017 06:36 PM)EverRespect Wrote: We can do well in basketball spending what we were spending 10 years ago (we did well in basketball 10 years ago). Are we spending more or less than that right now?
Sent from my DROID RAZR HD using Tapatalk
Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
(This post was last modified: 03-26-2017 08:26 PM by ODUalum78.)
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03-26-2017 08:23 PM |
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Cyniclone
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RE: Wichita State to the AAC?
(03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
Plus from what I understand, Shaka pushed for a lot of improvements to the design. They probably would have built a bigger and nicer facility than ODU's even without that, but he was a big reason why the price tag reached $25M.
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03-26-2017 08:31 PM |
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ODUalum78
Overseer of the Unwashed Masses
Posts: 9,359
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I Root For: ODU
Location: Chesterfield, Va
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RE: Wichita State to the AAC?
(03-26-2017 08:31 PM)Cyniclone Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
Plus from what I understand, Shaka pushed for a lot of improvements to the design. They probably would have built a bigger and nicer facility than ODU's even without that, but he was a big reason why the price tag reached $25M.
Indeed.
That is why I said "ostensibly".
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03-26-2017 08:33 PM |
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Justanodufan
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RE: Wichita State to the AAC?
(03-26-2017 08:31 PM)Cyniclone Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
Plus from what I understand, Shaka pushed for a lot of improvements to the design. They probably would have built a bigger and nicer facility than ODU's even without that, but he was a big reason why the price tag reached $25M.
Do you think that VCU would have a 25 million dollar basketball practice facility if they had football?
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03-27-2017 06:25 AM |
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Justanodufan
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RE: Wichita State to the AAC?
(03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
I noticed you didn't touch the budgets.
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03-27-2017 06:26 AM |
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monarx
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RE: Wichita State to the AAC?
(03-27-2017 06:25 AM)Justanodufan Wrote: (03-26-2017 08:31 PM)Cyniclone Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
Plus from what I understand, Shaka pushed for a lot of improvements to the design. They probably would have built a bigger and nicer facility than ODU's even without that, but he was a big reason why the price tag reached $25M.
Do you think that VCU would have a 25 million dollar basketball practice facility if they had football?
Why not? You have to spend money to make money. Their hoops are bringing in a huge ROI and if that investment keeps them in the NCAAs, recruits coming and donors giving it's a good purchase. That's why going cheap
On the football stadium is a bad idea too.
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03-27-2017 06:36 AM |
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Cyniclone
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RE: Wichita State to the AAC?
(03-27-2017 06:25 AM)Justanodufan Wrote: (03-26-2017 08:31 PM)Cyniclone Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
Plus from what I understand, Shaka pushed for a lot of improvements to the design. They probably would have built a bigger and nicer facility than ODU's even without that, but he was a big reason why the price tag reached $25M.
Do you think that VCU would have a 25 million dollar basketball practice facility if they had football?
That's somewhat of an open-ended question hinging largely on what kind of football program VCU has. If they've got an FCS team happy playing CAA games in an as-is City Stadium, maybe nothing changes. Or maybe football at that level is a drain and takes money and effort from basketball. If it's a CUSA program with plans for a major refurbish of City or a new stadium elsewhere, like where the Diamond and Sports Backers Stadium are, then maybe it gooses corporate and personal donations, or maybe it cannibalizes basketball's. I think they make every effort to keep Shaka regardless; they supposedly came very close to Texas's number, from what I've heard. So presuming they still make the Final Four in 2011 and still have the string of NCAA appearances that they've had, then I think the facility is still a priority, and even if it's not the $25M, 60,000-square-foot palace they have now, I'm betting that it'd still be pretty choice. They need only to look at George Mason to witness the folly of cheaping out when you've got a hot hand.
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03-27-2017 08:59 AM |
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ODUalum78
Overseer of the Unwashed Masses
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RE: Wichita State to the AAC?
(03-27-2017 06:26 AM)Justanodufan Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
I noticed you didn't touch the budgets.
What?
Our athletic expenditures are about twice what VCU's are (no football), and just slightly more than JMU (football).
For example; in FY 2015 VCU athletic expenditures were $21,770.145, while ODU's were $42,780,118; but still about half of those of VT and UVA.
Because of financial reporting requirements in Virginia, comparisons with public programs outside of Va will be less accurate.
Your point?
(This post was last modified: 03-27-2017 09:13 AM by ODUalum78.)
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03-27-2017 09:07 AM |
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mturn017
ODU Homer
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RE: Wichita State to the AAC?
(03-27-2017 09:07 AM)ODUalum78 Wrote: (03-27-2017 06:26 AM)Justanodufan Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
I noticed you didn't touch the budgets.
What?
Our athletic expenditures are about twice what VCU's are (no football), and just slightly more than JMU (football).
For example; in FY 2015 VCU athletic expenditures were $21,770.145, while ODU's were $42,780,118; but still about half of those of VT and UVA.
Because of financial reporting requirements in Virginia, comparisons with public programs outside of Va will be less accurate.
Your point?
I'm not sure where you got your figure for VCU but it's just over 30 million. They're spending about two million more than us in BB. Most in coaching salaries.
http://www.apa.virginia.gov/reports/ODUNCAA15.pdf
http://www.controller.vcu.edu/reports/VCUNCAA15.pdf
I imagine the 15-16 reports should be available any day now.
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03-27-2017 09:50 AM |
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ODUalum78
Overseer of the Unwashed Masses
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RE: Wichita State to the AAC?
(03-27-2017 09:50 AM)mturn017 Wrote: (03-27-2017 09:07 AM)ODUalum78 Wrote: (03-27-2017 06:26 AM)Justanodufan Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
I noticed you didn't touch the budgets.
What?
Our athletic expenditures are about twice what VCU's are (no football), and just slightly more than JMU (football).
For example; in FY 2015 VCU athletic expenditures were $21,770.145, while ODU's were $42,780,118; but still about half of those of VT and UVA.
Because of financial reporting requirements in Virginia, comparisons with public programs outside of Va will be less accurate.
Your point?
I'm not sure where you got your figure for VCU but it's just over 30 million. They're spending about two million more than us in BB. Most in coaching salaries.
http://www.apa.virginia.gov/reports/ODUNCAA15.pdf
http://www.controller.vcu.edu/reports/VCUNCAA15.pdf
I imagine the 15-16 reports should be available any day now.
I don't know where I got that. I shouldn't use my phone w/o my glasses, but ineed FY 2015 opersting expenses were $30,683,992 http://www.controller.vcu.edu/reports/VCUNCAA15.pdf
and ODU
http://www.apa.virginia.gov/reports/ODUNCAA15.pdf
tnx for the correction
As shown, VCU spends ca 2 mil more than ODU on MBB. mostly on coaches salaries
Quote:That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair)
.
However different the numbers, the premise is the same. As I discussed, only CWS can answer if that is indeed a product of football or just a conservative fiscal philosophy in general.
(This post was last modified: 03-27-2017 10:50 AM by ODUalum78.)
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03-27-2017 10:26 AM |
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VCUfan
2nd String
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RE: Wichita State to the AAC?
(03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: (03-26-2017 07:06 PM)ODUalum78 Wrote: Curiously, football hasn't had the impact I thought it would.
We see a more or less linear increase from 2005 to 2013 of between 15 and 25% per year increase in expenditures..
http://pilotonline.com/sports/college/ol...91bd5.html
For fiscal year 2016 we actually made a little bit of money
https://www.odu.edu/content/dam/odu/offi...an2016.pdf
It may indeed be that football has not negatively impacted basketball to a great degree.
I will eventually find those figures
Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
FWIW, there is nothing multi-use about the VCU Basketball Development Center as far as I know. The facility is for the MBB and WBB programs only. Title IX would be satisfied as long as the WBB program gets everything the MBB program gets in the facility, which is the case. The men's and women's portions of the facility are mirror images of each other.
(This post was last modified: 03-27-2017 10:42 AM by VCUfan.)
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03-27-2017 10:42 AM |
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ODUalum78
Overseer of the Unwashed Masses
Posts: 9,359
Joined: May 2012
Reputation: 158
I Root For: ODU
Location: Chesterfield, Va
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RE: Wichita State to the AAC?
(03-27-2017 10:42 AM)VCUfan Wrote: (03-26-2017 08:23 PM)ODUalum78 Wrote: (03-26-2017 07:53 PM)Justanodufan Wrote: (03-26-2017 07:41 PM)ODUalum78 Wrote: (03-26-2017 07:09 PM)Justanodufan Wrote: Which of those links shows the breakdown of money spent on each sport?
Well, since we offer the same number of scholarships, and facilities are what they are (including a new practice facility, btw), the only real differential would and could be coaches salaries, the largest of which is that of the HC.
Blaine Taylor's compensation was a $327,000 annual base salary and other considerations, and about $420,000 in ODAF contribution for a total of $747,000 when he was terminated
Jones is being paid a $215,072 annual base salary and and other considerations and $233,200 in ODAF contribution for a total of $448,272
But we already knew the above information.
That is really the only financial impact that could be attributed to football, and you will have to ask CWS if that is the direct reason for the smaller salary (as well as Larry and Anders to be fair).
I guess the two programs have the same travel budget, equipment budget, recruiting budget, etc. So I guess there aren't any other costs besides salaries, but considering some people think Jones' contract is up next year I guess those posters took all those extras into consideration.
There is a reason why VCU's practice facility is 20 million and ODU's is 8 million:coffee3:
Apples and oranges.
We built a 100% privately funded facility (25,000 sq ft) on the land we had.
VCU, which had originally planned to build a smaller facility in the Siegel Center parking lot, was able to purchase land and build a 60,000 sq ft facility for multi use, ostensibly to satisfy some Title IX issues.
FWIW, there is nothing multi-use about the VCU Basketball Development Center as far as I know. The facility is for the MBB and WBB programs only. Title IX would be satisfied as long as the WBB program gets everything the MBB program gets in the facility, which is the case. The men's and women's portions of the facility are mirror images of each other.
Sorry for the confusion, but that is what I meant about multi use. The men and women could use the facility at the same time. Hence the Title IX reference.
Quote:An overview from the executive committee meeting said that when new athletics director Ed McLaughlin arrived in 2012, he determined a second gym was necessary because of Title IX requirements.
http://www.richmond.com/sports/college/s...035a6.html
(This post was last modified: 03-27-2017 10:52 AM by ODUalum78.)
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03-27-2017 10:47 AM |
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VCUfan
2nd String
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RE: Wichita State to the AAC?
Thanks for the clarification. I feel like Ed's public reasoning is more of a smokescreen IMHO. ODU isn't in violation of Title IX because they don't have a separate WBB portion for their practice facility. The programs just have to share the same space. The word is after the Final Four that Shaka wanted MBB not to have to compete with WBB for gym time so that his players had true 24 hour access and had that communicated.
The initial practice facility concept next to the Siegel Center was actually in the works before VCU's Final Four and started in 2009 with a budget of $9-10 million. The growth of the project was due almost entirely to the Final Four and Shaka Smart's influence in negotiating for a bigger more expansive facility for recruiting purposes against the programs he was recruiting against.
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03-27-2017 10:59 AM |
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ODUalum78
Overseer of the Unwashed Masses
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RE: Wichita State to the AAC?
(03-27-2017 10:59 AM)VCUfan Wrote: Thanks for the clarification. I feel like Ed's public reasoning is more of a smokescreen IMHO. ODU isn't in violation of Title IX because they don't have a separate WBB portion for their practice facility. The programs just have to share the same space. The word is after the Final Four that Shaka wanted MBB not to have to compete with WBB for gym time so that his players had true 24 hour access and had that communicated.
The initial practice facility concept next to the Siegel Center was actually in the works before VCU's Final Four and started in 2009 with a budget of $9-10 million. The growth of the project was due almost entirely to the Final Four and Shaka Smart's influence in negotiating for a bigger more expansive facility for recruiting purposes against the programs he was recruiting against.
Hehe yeah, we were talking about that above as well, and I intentionally used the term ostensibly when I mentioned Title IX.
(This post was last modified: 03-27-2017 11:02 AM by ODUalum78.)
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03-27-2017 11:01 AM |
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VCUfan
2nd String
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RE: Wichita State to the AAC?
(03-27-2017 11:01 AM)ODUalum78 Wrote: (03-27-2017 10:59 AM)VCUfan Wrote: Thanks for the clarification. I feel like Ed's public reasoning is more of a smokescreen IMHO. ODU isn't in violation of Title IX because they don't have a separate WBB portion for their practice facility. The programs just have to share the same space. The word is after the Final Four that Shaka wanted MBB not to have to compete with WBB for gym time so that his players had true 24 hour access and had that communicated.
The initial practice facility concept next to the Siegel Center was actually in the works before VCU's Final Four and started in 2009 with a budget of $9-10 million. The growth of the project was due almost entirely to the Final Four and Shaka Smart's influence in negotiating for a bigger more expansive facility for recruiting purposes against the programs he was recruiting against.
Hehe yeah, we were talking about that above as well, and I intentionally used the term ostensibly when I mentioned Title IX.
Cheers. ADs know how to play the PR game. :)
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03-27-2017 11:15 AM |
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Sirloin Burger
All American
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RE: Wichita State to the AAC?
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04-05-2017 07:52 PM |
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