Owl 69/70/75
Just an old rugby coach
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Interesting
From post by Side Show Joe on the North Texas Board:
2016-17 C-USA Athletic Budget Expenses
1. ODU $46 million
2. North Texas $36 million
3. FAU $34.1 million
4. MTSU $34 million
5. Charlotte $33.2 million
6. FIU $33 million
7. UTEP $32 million
8. WKU $30.4 million
9. Marshall $30.3 million
10. UTSA $30.1 million
11. Southern Miss $25.2 million
12. LA Tech $23.82 million
13. UAB $23.8 million
Rice NA
http://sports.usatoday.com/ncaa/finances/
Per the Owl Club drive fact book, Rice athletic revenues (presumably equal to expenditures because of the way the university support works) for 2015-16 were $37.4 million, of which $23 million was university support (the "subsidy").
(This post was last modified: 01-21-2019 04:26 AM by Owl 69/70/75.)
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01-21-2019 04:25 AM |
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Antarius
Say no to cronyism
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RE: Interesting
Owl#s - I didnt follow the last part. Are you saying we'd be #2 on the list?
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01-21-2019 10:04 AM |
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Owl 69/70/75
Just an old rugby coach
Posts: 80,803
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I Root For: RiceBathChelsea
Location: Montgomery, TX
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RE: Interesting
(01-21-2019 10:04 AM)Antarius Wrote: Owl#s - I didnt follow the last part. Are you saying we'd be #2 on the list?
Yes. Of course, the biggest reason for that is that our scholarship costs are so much higher. Aside from scholarships, our spending is probably middle of the pack.
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01-21-2019 10:19 AM |
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illiniowl
1st String
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RE: Interesting
What's also interesting is that in the 2017-18 Owl Club impact report, the AD dispensed with the past practice of providing concrete budget numbers.
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01-21-2019 05:20 PM |
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Owl 69/70/75
Just an old rugby coach
Posts: 80,803
Joined: Sep 2005
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I Root For: RiceBathChelsea
Location: Montgomery, TX
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RE: Interesting
(01-21-2019 05:20 PM)illiniowl Wrote: What's also interesting is that in the 2017-18 Owl Club impact report, the AD dispensed with the past practice of providing concrete budget numbers.
Several years ago, they actually reported revenues and cost numbers by sport. That went away on Ranger Rick's watch, IIRC. The less information they can get away with providing, the less they will provide.
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01-21-2019 07:54 PM |
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BufflOwl
Special Teams
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RE: Interesting
Glad to see Joe has Rice Rising!!
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01-23-2019 01:05 AM |
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I45owl
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RE: Interesting
(01-21-2019 10:19 AM)Owl 69/70/75 Wrote: (01-21-2019 10:04 AM)Antarius Wrote: Owl#s - I didnt follow the last part. Are you saying we'd be #2 on the list?
Yes. Of course, the biggest reason for that is that our scholarship costs are so much higher. Aside from scholarships, our spending is probably middle of the pack.
That itself is an interesting analysis... the standard should be to normalize spending to exclude scholarship costs. The delta between Rice and schools like UT or TAMU would look that much more stark. But, Rice must have about 300 or so full athletic scholarships (counting 11.3 for baseball, etc)? That projects to about $14 million for scholarships alone (at $46,600), over $18 million including room and board ($61,350 total cost), give or take a lot because I'm guessing at the numbers, and assuming that housing is not included. According to College Factual, Rice has 275 male athletes and 213 female athletes (488 total). I'm not sure how to project the number of athletic scholarships out of that. The "cost of attendance" compensation numbers are nebulous, but other schools seem to grant $2500-$5000. That could add as much as $2.5 million to the totals, so the high range of scholarship related costs is probably around $20 million, assuming the 300 scholarship wag is correct.
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01-23-2019 06:26 PM |
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WestGrayStreetOwl
2nd String
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RE: Interesting
(01-23-2019 06:26 PM)I45owl Wrote: (01-21-2019 10:19 AM)Owl 69/70/75 Wrote: (01-21-2019 10:04 AM)Antarius Wrote: Owl#s - I didnt follow the last part. Are you saying we'd be #2 on the list?
Yes. Of course, the biggest reason for that is that our scholarship costs are so much higher. Aside from scholarships, our spending is probably middle of the pack.
That itself is an interesting analysis... the standard should be to normalize spending to exclude scholarship costs. The delta between Rice and schools like UT or TAMU would look that much more stark. But, Rice must have about 300 or so full athletic scholarships (counting 11.3 for baseball, etc)? That projects to about $14 million for scholarships alone (at $46,600), over $18 million including room and board ($61,350 total cost), give or take a lot because I'm guessing at the numbers, and assuming that housing is not included. According to College Factual, Rice has 275 male athletes and 213 female athletes (488 total). I'm not sure how to project the number of athletic scholarships out of that. The "cost of attendance" compensation numbers are nebulous, but other schools seem to grant $2500-$5000. That could add as much as $2.5 million to the totals, so the high range of scholarship related costs is probably around $20 million, assuming the 300 scholarship wag is correct.
Rice has about 210 athletic scholarships, assuming we're at the limit for every sport.
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01-23-2019 08:06 PM |
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I45owl
Hall of Famer
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RE: Interesting
(01-23-2019 08:06 PM)WestGrayStreetOwl Wrote: (01-23-2019 06:26 PM)I45owl Wrote: (01-21-2019 10:19 AM)Owl 69/70/75 Wrote: (01-21-2019 10:04 AM)Antarius Wrote: Owl#s - I didnt follow the last part. Are you saying we'd be #2 on the list?
Yes. Of course, the biggest reason for that is that our scholarship costs are so much higher. Aside from scholarships, our spending is probably middle of the pack.
That itself is an interesting analysis... the standard should be to normalize spending to exclude scholarship costs. The delta between Rice and schools like UT or TAMU would look that much more stark. But, Rice must have about 300 or so full athletic scholarships (counting 11.3 for baseball, etc)? That projects to about $14 million for scholarships alone (at $46,600), over $18 million including room and board ($61,350 total cost), give or take a lot because I'm guessing at the numbers, and assuming that housing is not included. According to College Factual, Rice has 275 male athletes and 213 female athletes (488 total). I'm not sure how to project the number of athletic scholarships out of that. The "cost of attendance" compensation numbers are nebulous, but other schools seem to grant $2500-$5000. That could add as much as $2.5 million to the totals, so the high range of scholarship related costs is probably around $20 million, assuming the 300 scholarship wag is correct.
Rice has about 210 athletic scholarships, assuming we're at the limit for every sport.
So, that makes the adjustment fairly easy:
- Scholarship Costs: $9.8 million
- Room and Board: $2.8 million
- Total: $12.6 million
- Cost of Attendance (range): $500,000-$2,500,000
That puts total scholarship related costs at around $14 million, which - if the numbers above were normalized to remove those for all schools - would probably put Rice around the lower third of the pack in CUSA. Cost of attendance at Rice is about 6 times the cost of attendance to ODU... the delta in cost is about $11-12 million per year, by way of example.
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01-24-2019 03:34 PM |
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