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USA Today released athletic finances for 2016-17
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thefaU Offline
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USA Today released athletic finances for 2016-17
http://sports.usatoday.com/ncaa/finances/
https://www.usatoday.com/story/sports/co...742363002/

Total Revenue // Total Expenses // Total Allocated // % Allocated
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06-28-2018 01:22 PM
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12thmonarch Offline
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RE: USA Today released athletic finances for 2016-17
I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.
06-28-2018 02:34 PM
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TOPSTRAIGHT Offline
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RE: USA Today released athletic finances for 2016-17
Man, what is CHARLOTTE doing with all that dough??
06-28-2018 02:53 PM
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mturn017 Online
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 02:34 PM)12thmonarch Wrote:  I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.

Probably a little closer than that 62% because we're allowed to exempt certain categories for that calculation. Indirect costs paid back to the university and spirit groups are two I know of. That'd get us a little under 60% by my calculation. Here's our full financial statements as submitted to the NCAA:

http://www.apa.virginia.gov/reports/OldD...AA2017.pdf
06-28-2018 02:59 PM
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moss2k Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 02:53 PM)TOPSTRAIGHT Wrote:  Man, what is CHARLOTTE doing with all that dough??

Judy was not spending it appropriately. Lets see what Mike Hill can do with it. Judy demanded that what was done for MBB and to be done for WBB, etc. We're going to see a prioritization moving forward of revenue sports and an emphasis on competing for conference championships in every sport. Hill has stated that numerous times, we're not fielding teams just to have them anymore.
06-28-2018 03:12 PM
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RE: USA Today released athletic finances for 2016-17
USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.
06-28-2018 03:27 PM
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12thmonarch Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 02:59 PM)mturn017 Wrote:  
(06-28-2018 02:34 PM)12thmonarch Wrote:  I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.

Probably a little closer than that 62% because we're allowed to exempt certain categories for that calculation. Indirect costs paid back to the university and spirit groups are two I know of. That'd get us a little under 60% by my calculation. Here's our full financial statements as submitted to the NCAA:

http://www.apa.virginia.gov/reports/OldD...AA2017.pdf

04-cheers thanks mturn. We might need to step up our donation game if we want to get that second phase of the stadium quickly. I am glad we are moving in the right direction despite of that turd ball Cox's bill.
06-28-2018 03:59 PM
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ODU2011 Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 03:27 PM)SVHerd Wrote:  USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.

Lol what else do you want. ODU has been consistent in every sport. Get over the losses or go hang out with herdzoned. Pathetic.
06-28-2018 05:24 PM
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mturn017 Online
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 03:59 PM)12thmonarch Wrote:  
(06-28-2018 02:59 PM)mturn017 Wrote:  
(06-28-2018 02:34 PM)12thmonarch Wrote:  I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.

Probably a little closer than that 62% because we're allowed to exempt certain categories for that calculation. Indirect costs paid back to the university and spirit groups are two I know of. That'd get us a little under 60% by my calculation. Here's our full financial statements as submitted to the NCAA:

http://www.apa.virginia.gov/reports/OldD...AA2017.pdf

04-cheers thanks mturn. We might need to step up our donation game if we want to get that second phase of the stadium quickly. I am glad we are moving in the right direction despite of that turd ball Cox's bill.

My understanding is donations for capital projects aren’t or shouldn’t be included in these figures or the Cox calculation. But yes we’ll need heavy fundraising because debt obligation payments and student fees are included in the calculation.
06-28-2018 05:27 PM
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mturn017 Online
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 05:24 PM)ODU2011 Wrote:  
(06-28-2018 03:27 PM)SVHerd Wrote:  USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.

Lol what else do you want. ODU has been consistent in every sport. Get over the losses or go hang out with herdzoned. Pathetic.

Yeah, we need some trophies to show for it though.
06-28-2018 05:41 PM
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12thmonarch Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 05:24 PM)ODU2011 Wrote:  
(06-28-2018 03:27 PM)SVHerd Wrote:  USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.

Lol what else do you want. ODU has been consistent in every sport. Get over the losses or go hang out with herdzoned. Pathetic.

He has a point. We are incredibly mediocre at what we do with that budget.
06-28-2018 06:05 PM
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ghostofclt Offline
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RE: USA Today released athletic finances for 2016-17
clt says Charlotte is clearly on the way to the SEC
06-28-2018 06:11 PM
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 05:27 PM)mturn017 Wrote:  
(06-28-2018 03:59 PM)12thmonarch Wrote:  
(06-28-2018 02:59 PM)mturn017 Wrote:  
(06-28-2018 02:34 PM)12thmonarch Wrote:  I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.

Probably a little closer than that 62% because we're allowed to exempt certain categories for that calculation. Indirect costs paid back to the university and spirit groups are two I know of. That'd get us a little under 60% by my calculation. Here's our full financial statements as submitted to the NCAA:

http://www.apa.virginia.gov/reports/OldD...AA2017.pdf

04-cheers thanks mturn. We might need to step up our donation game if we want to get that second phase of the stadium quickly. I am glad we are moving in the right direction despite of that turd ball Cox's bill.

My understanding is donations for capital projects aren’t or shouldn’t be included in these figures or the Cox calculation. But yes we’ll need heavy fundraising because debt obligation payments and student fees are included in the calculation.

Methodolgy states that debt service for capital projects is to be included as an expense so it follows the funds used to pay that debt is income.
06-28-2018 10:26 PM
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MUther Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 05:24 PM)ODU2011 Wrote:  
(06-28-2018 03:27 PM)SVHerd Wrote:  USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.

Lol what else do you want. ODU has been consistent in every sport. Get over the losses or go hang out with herdzoned. Pathetic.

Still think losses to you in basketball mattered to us last season, lol. That's cute.

PS losing every game you play for ten years is also considered consistent.
Consistent just means you aren't moving up or down. Careful consistent doesn't become stagnant.
06-29-2018 02:03 AM
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Norm DaNiner Offline
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 03:12 PM)moss2k Wrote:  
(06-28-2018 02:53 PM)TOPSTRAIGHT Wrote:  Man, what is CHARLOTTE doing with all that dough??

Judy was not spending it appropriately. Lets see what Mike Hill can do with it. Judy demanded that what was done for MBB and to be done for WBB, etc. We're going to see a prioritization moving forward of revenue sports and an emphasis on competing for conference championships in every sport. Hill has stated that numerous times, we're not fielding teams just to have them anymore.

The Judy Rose legacy......doing the least with the most for way too long. This is what happens when you stay in a position for about 15 years too long.
06-29-2018 05:28 AM
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HoustonRoadRunner Offline
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RE: USA Today released athletic finances for 2016-17
The gap between Texas and Alabama State is pretty wild
06-29-2018 07:32 AM
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SVHerd Online
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 06:05 PM)12thmonarch Wrote:  
(06-28-2018 05:24 PM)ODU2011 Wrote:  
(06-28-2018 03:27 PM)SVHerd Wrote:  USM gets the most bang for the buck. Have to say ODU and Charlotte should be doing a hell of a lot better based on funding.

Lol what else do you want. ODU has been consistent in every sport. Get over the losses or go hang out with herdzoned. Pathetic.

He has a point. We are incredibly mediocre at what we do with that budget.

Thank you. It wasn’t meant to slam the school; just a comment that if money was the only indicator of success, many schools wouldn’t have any. USM does a damn nice job for having the lowest budget. Hell, my Herd could do a bit better as well.
06-29-2018 07:43 AM
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WKUFan518 Offline
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RE: USA Today released athletic finances for 2016-17
WKU in terms of on the field/court production gets the most bang for the buck by far.....La. Tech does not do too bad either as far as producing on field/court with limited resources out in middle of nowhere....
(This post was last modified: 06-29-2018 07:50 AM by WKUFan518.)
06-29-2018 07:50 AM
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odu09 Offline
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RE: USA Today released athletic finances for 2016-17
I think ODU could stand to find some efficiencies with our spending. We have a budget hire basketball coach and our football coach is below the conference average, if I recall correctly. I understand we have a stadium to pay for, but yeah. Would be nice if spending meant success.
06-29-2018 08:06 AM
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mturn017 Online
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RE: USA Today released athletic finances for 2016-17
(06-28-2018 10:26 PM)arkstfan Wrote:  
(06-28-2018 05:27 PM)mturn017 Wrote:  
(06-28-2018 03:59 PM)12thmonarch Wrote:  
(06-28-2018 02:59 PM)mturn017 Wrote:  
(06-28-2018 02:34 PM)12thmonarch Wrote:  I think ODU is on track to get our subsidy levels to ~55% that will be enforced by the state of VA starting next year if i am not wrong.

Probably a little closer than that 62% because we're allowed to exempt certain categories for that calculation. Indirect costs paid back to the university and spirit groups are two I know of. That'd get us a little under 60% by my calculation. Here's our full financial statements as submitted to the NCAA:

http://www.apa.virginia.gov/reports/OldD...AA2017.pdf

04-cheers thanks mturn. We might need to step up our donation game if we want to get that second phase of the stadium quickly. I am glad we are moving in the right direction despite of that turd ball Cox's bill.

My understanding is donations for capital projects aren’t or shouldn’t be included in these figures or the Cox calculation. But yes we’ll need heavy fundraising because debt obligation payments and student fees are included in the calculation.

Methodolgy states that debt service for capital projects is to be included as an expense so it follows the funds used to pay that debt is income.

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06-29-2018 08:11 AM
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