(06-30-2018 01:46 PM)SVHerd Wrote: (06-30-2018 01:37 PM)12thmonarch Wrote: (06-30-2018 09:43 AM)SVHerd Wrote: Yep, fan generated revenue tells you everything you need to know about the overall health of an athletic program. You can be subsidized out the ass and still be in debt and not winning titles.
Might not give you the total picture of the health of AD but that statement has some truth to it. I would love to see what each CUSA school reeled in as self generated revenue i.e. ticket sales, sponsorships, donations etc. I don't know if anyone compiles that data but that would be very helpful.
Certainly not everything but if fans and donors are not actively investing and an AD is falsely propped up by state money and high student fees, that’s not a good long term situation. Jmho
You can look at it that way but FIU has a budget that is more healthy than Marshall's. Even with low ticket sales and over 21 million in student fees....
FIU has tons of room to grow
On July 1st FIU's AD has 21 million dollars in the bank and those students paying that money are not burdened as much as the Marshall students that contribute over 6 million to the Marshall budget.
each FIU student is paying $381 a year in student fees (based off 55,000)
each Marshall student is paying $471 a year in student fees (based off 13,300)
If FIU added another $90 to their student fees and caught up with Marshall. That adds right at 5 million more a year to the FIU budget. That is 1.2x the amount Marshall is getting on tickets sold.
FIU is expecting enrollment numbers to reach 58,000 (3000 more than today) by 2020. That 3000 increase adds another 1.1 million to their AD budget
Below came from Google:
The 2018 undergraduate tuition & fees of Florida International University are $6,556 for Florida residents
According to
https://www.marshall.edu/tuition/ it cost a Marshall student $4,064 Per Semester Tuition for a Resident of WV. $8128 a year for a Resident of WV.
In the last 7 years Marshall has been in the mid to high 3 million mark on dollars off tickets sold. So basically Marshall has been stable but without any major growth. In those years Marshall had a run of 10, 13 and 10 wins and a conference championship... with very little growth on tickets sold .
This has nothing to do with me being a Western fan. Hell I pointed out the problems Western was going to have, well over 2 years ago. I knew Western (like most of our schools) are a state cut or a enrollment decrease away from cutting millions from our budget.
This is just a look at how student fees are the most stable stream of income in most schools budget. How a school without much tickets sold but a large enrollment is actually the stable school when it comes to a budget and growth