(08-16-2019 05:31 PM)SoCalBobcat78 Wrote: Mav, you said the WAC was a "downgrade and a "bad fit" for Denver. I pointed out that:
1. The WAC has had a higher RPI than the Summit in basketball for the past three seasons. So the fact is it is not really a downgrade in basketball.
2. The WAC is a western conference and the headquarters are in Denver. How is that a bad fit?
NMSU is not a well-financed and well-supported FBS school.
3. NMSU plays FBS football because of money games. They will make $3.8 million on three money games in 2019. That pays for the rest of the athletic department. Without the money games, they would be hurting.
4. NMSU has the third largest basketball budget behind GCU and Seattle. CBU will move NMSU to 4th eventually. GCU has a basketball budget that is almost $3 million larger than NMSU, annually.
Budgets, facilities and markets equate to potential. It does not guarantee success, but it does help. The WAC is a western conference with six western schools. If you are in the west, you are a fit. Seattle is not a bus trip for anyone, but neither is Gonzaga for the WCC. I don't hear any complaining about Gonzaga. UTRGV is an Olympic sports school and there is not room for another Olympic sports school in a football conference like the SLC. The closest Olympic sports league is the WAC.
Look, you obviously want Denver in the Summit. If they are afraid to compete against NMSU and other schools in the WAC, then they should stay there. Let's not pretend that they may someday get into the WCC. They would have to compete against schools like Gonzaga, BYU and St. Mary's. They don't bring baseball, they don't win in basketball and they cannot recruit basketball players in the west. They should stay in the Dakota league.
I love SoCalBobcat78's accounting skills. He can turn a $1 investment into 50 cents fast.
FBS football at NMSU cost $7,563,062 last year, plus most of the $272,515 on Men's teams recruiting was football (say $180K).
Note all team sports other than football and basketball was $7,329,875 plus $4,081,967 for men's and women's basketball. Based on this nearly equal split, we can assign about 40% of the $5,837,513 "not allocated by sport/gender" to Football (Football budget being 40% of the total team allocated costs as well) or $2,335,005.
So the total cost of Football is about $10.1M according to equity in Athletics report to the US Department of Education last year. In 2018 the school got $3M in contributions and ticket sales (all sports) and $3.6M in rights and licensing and $2.7M in other (revenue games add, purchased opponents subtract, etc). So total non support revenue was about $9.3M, and not all of that was Football. So Football definitely costs more than it brings in. It's not adding $1 to other sports.
You can see that in the equity in athletics report. If the revenue for a sport is equal to the expenses, that means it almost certainly lost money, requiring funds be transferred to make the balance sheet zero. For NMSU both "revenue" (which includes transferred funds) and expenses were $7,563,062. So it lost money.
But you can see it in the department totals. Besides $3,338,420 in student fees (which I never have an issue with, since its on the students, all 9,661 of them at about $350 each), the President of the school cut a check for $13,683,457. After 2017-18 he cut a check for $13,418,234, after 2016-17 one for $14,910,343, and after 2015-16 one for $14,782,682.
Obviously Football is not paying for Athletics, the tax payer is via the University President's annual check writing. Over the last ten years $150,416,481 has been transferred to the Athletic department. (That comes out to about $6000 per full time student for a four year education at NMSU).
So let's be honest. $3.8M in revenue games (offset by $500K to bring in an FCS victim) might marginally make Football in the black for one year. But it's not paying for other sports, and has not ever.