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WAC Athletic Budgets
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Itinerant Texan Offline
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Post: #21
RE: WAC Athletic Budgets
(05-24-2020 09:52 PM)Itinerant Texan Wrote:  
(05-24-2020 09:47 PM)SoCalBobcat78 Wrote:  
(05-24-2020 08:44 PM)Itinerant Texan Wrote:  
(05-24-2020 07:27 PM)SoCalBobcat78 Wrote:  The GCU athletic budget for 2018-2019. The men's basketball budget is an impressive $5.3 million:
GCU Total Expenses by Team

Varsity Teams Men's Teams Women's Teams Total
Basketball $5,331,006 $1,444,309 $6,775,315

Total Expenses of all Sports, Except Football and Basketball, Combined $5,118,804 $5,781,587 $10,900,391
Total Expenses Men's and Women's Teams $10,449,810 $7,225,896 $17,675,706
Not Allocated by Gender/Sport $5,650,767

Grand Total Expenses $23,326,473

If the WAC average is $15 mil and CBU/GCU are $23+mil, NMSU is $18 mil (with football), some schools in the conference are way under average. NMSU is barely in the black, and if they ever lose their FBS money games, things will get really tough in a hurry. I wonder why they chose to have such a low fee and instead depend heavily on FBS game payouts. COVID may force them to rethink that strategy.

The NMSU budget for 2018-2019 is $27 million. About $8.5 million spent on FBS football and about $3 million on men's basketball. The money games have helped to pay down debt and fund other programs. In 2020, they collect $2.7 million from UCLA and Florida. In 2021, $3.1 million from Alabama and Kentucky. These games are not going away anytime soon.

"Moccia's $18.7 million budget in Fiscal Year 2019 was bolstered by substantial increases in ticket sales and fundraising revenues, but it was not enough to avoid drawing from monies he would rather spend enhancing the athletics department rather than simply surviving."

https://www.lcsun-news.com/story/sports/...022783001/

Never say never. I would only use these games as gravy, not hinge my entire athletic budget on them.
05-24-2020 10:00 PM
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NMSUPistolPete Offline
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Post: #22
RE: WAC Athletic Budgets
WAC Basketball Budgets (Average Budget: 2,499,423)

Grand Canyon - $5,331,006 (#93 nationally)
New Mexico State - $3,077,862 (#147)
Seattle University - $2,681,442 (#162)
California Baptist - $2,503,353 (#176)
Utah Valley - $1,866,466 (#249)
UT Rio Grande Valley - $1,652,983 (#269)
Tarleton State - $864,953 (#343)
Dixie State - $837,366 (#344)
Chicago State - $801,305 (#347)

Basketball Budgets

Tarleton State and Dixie State will need to double their basketball budget just to compete with UT Rio Grande Valley; the second smallest budget in the WAC.

Now you understand why getting a credible college coach in Bryce Drew was important to GCU; in order to be able to overtake with NMSU. Their basketball budget is almost as big as the next two WAC program's budgets combined.
(This post was last modified: 05-24-2020 10:22 PM by NMSUPistolPete.)
05-24-2020 10:19 PM
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Itinerant Texan Offline
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Post: #23
RE: WAC Athletic Budgets
(05-24-2020 10:19 PM)NMSUPistolPete Wrote:  WAC Basketball Budgets (Average Budget: 2,499,423)

Grand Canyon - $5,331,006 (#93 nationally)
New Mexico State - $3,077,862 (#147)
Seattle University - $2,681,442 (#162)
California Baptist - $2,503,353 (#176)
Utah Valley - $1,866,466 (#249)
UT Rio Grande Valley - $1,652,983 (#269)
Tarleton State - $864,953 (#343)
Dixie State - $837,366 (#344)
Chicago State - $801,305 (#347)

Basketball Budgets

Tarleton State and Dixie State will need to double their basketball budget just to compete with UT Rio Grande Valley; the second smallest budget in the WAC.

Now you understand why getting a credible college coach in Bryce Drew was important to GCU; in order to be able to overtake with NMSU. Their basketball budget is almost as big as the next two WAC program's budgets combined.

Don't forget NMSU has to field and fund an FBS football team, while GCU doesn't. The pressure is on Drew to win, that's for sure.
(This post was last modified: 05-25-2020 12:38 AM by Itinerant Texan.)
05-24-2020 10:48 PM
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PojoaquePosse Offline
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Post: #24
RE: WAC Athletic Budgets
(05-24-2020 08:44 PM)Itinerant Texan Wrote:  
(05-24-2020 07:27 PM)SoCalBobcat78 Wrote:  The GCU athletic budget for 2018-2019. The men's basketball budget is an impressive $5.3 million:
GCU Total Expenses by Team

Varsity Teams Men's Teams Women's Teams Total
Basketball $5,331,006 $1,444,309 $6,775,315

Total Expenses of all Sports, Except Football and Basketball, Combined $5,118,804 $5,781,587 $10,900,391
Total Expenses Men's and Women's Teams $10,449,810 $7,225,896 $17,675,706
Not Allocated by Gender/Sport $5,650,767

Grand Total Expenses $23,326,473

If the WAC average is $15 mil and CBU/GCU are $23+mil, NMSU is $18 mil (with football), some schools in the conference are way under average. NMSU is barely in the black, and if they ever lose their FBS money games, things will get really tough in a hurry. I wonder why they chose to have such a low fee and instead depend heavily on FBS game payouts. COVID may force them to rethink that strategy.

NM is a very, very poor state. Keeping tuition low is important. UNM gets about double what NMSU gets from the state. Their AD budget is around $37M. They are allowed to go in the red every year by several million and the state/main campus bails them out every time. NMSU was told to pay back the debt they incurred by joining the WAC ($10M). So on top of a lower budget, we are paying back $500-1M every year. And we balance our budget every year. Our budget for 2020 was around $20M.
05-24-2020 11:19 PM
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SoCalBobcat78 Offline
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Post: #25
RE: WAC Athletic Budgets
(05-24-2020 09:52 PM)Itinerant Texan Wrote:  
(05-24-2020 09:47 PM)SoCalBobcat78 Wrote:  
(05-24-2020 08:44 PM)Itinerant Texan Wrote:  
(05-24-2020 07:27 PM)SoCalBobcat78 Wrote:  The GCU athletic budget for 2018-2019. The men's basketball budget is an impressive $5.3 million:
GCU Total Expenses by Team

Varsity Teams Men's Teams Women's Teams Total
Basketball $5,331,006 $1,444,309 $6,775,315

Total Expenses of all Sports, Except Football and Basketball, Combined $5,118,804 $5,781,587 $10,900,391
Total Expenses Men's and Women's Teams $10,449,810 $7,225,896 $17,675,706
Not Allocated by Gender/Sport $5,650,767

Grand Total Expenses $23,326,473

If the WAC average is $15 mil and CBU/GCU are $23+mil, NMSU is $18 mil (with football), some schools in the conference are way under average. NMSU is barely in the black, and if they ever lose their FBS money games, things will get really tough in a hurry. I wonder why they chose to have such a low fee and instead depend heavily on FBS game payouts. COVID may force them to rethink that strategy.

The NMSU budget for 2018-2019 is $27 million. About $8.5 million spent on FBS football and about $3 million on men's basketball. The money games have helped to pay down debt and fund other programs. In 2020, they collect $2.7 million from UCLA and Florida. In 2021, $3.1 million from Alabama and Kentucky. These games are not going away anytime soon.

"Moccia's $18.7 million budget in Fiscal Year 2019 was bolstered by substantial increases in ticket sales and fundraising revenues, but it was not enough to avoid drawing from monies he would rather spend enhancing the athletics department rather than simply surviving."

https://www.lcsun-news.com/story/sports/...022783001/

The budget numbers reported to the Department of Education are the more accurate numbers. This list for all D1 schools is from 2017-2018:
https://sports.usatoday.com/ncaa/finances/

NMSU reported in 2017-2018 revenues of $26.3 million and expenses of $25.6 million. So the $27 million number for 2018-2019, reported to the Department of Education, is the number I would go with. I think it is the job of the sports reporter to ask why the difference? He didn't know enough to ask. My guess would be that the number in the newspaper does not include the football budget.
05-25-2020 01:01 PM
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SoCalBobcat78 Offline
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Post: #26
RE: WAC Athletic Budgets
(05-24-2020 10:00 PM)Itinerant Texan Wrote:  
(05-24-2020 09:52 PM)Itinerant Texan Wrote:  
(05-24-2020 09:47 PM)SoCalBobcat78 Wrote:  
(05-24-2020 08:44 PM)Itinerant Texan Wrote:  
(05-24-2020 07:27 PM)SoCalBobcat78 Wrote:  The GCU athletic budget for 2018-2019. The men's basketball budget is an impressive $5.3 million:
GCU Total Expenses by Team

Varsity Teams Men's Teams Women's Teams Total
Basketball $5,331,006 $1,444,309 $6,775,315

Total Expenses of all Sports, Except Football and Basketball, Combined $5,118,804 $5,781,587 $10,900,391
Total Expenses Men's and Women's Teams $10,449,810 $7,225,896 $17,675,706
Not Allocated by Gender/Sport $5,650,767

Grand Total Expenses $23,326,473

If the WAC average is $15 mil and CBU/GCU are $23+mil, NMSU is $18 mil (with football), some schools in the conference are way under average. NMSU is barely in the black, and if they ever lose their FBS money games, things will get really tough in a hurry. I wonder why they chose to have such a low fee and instead depend heavily on FBS game payouts. COVID may force them to rethink that strategy.

The NMSU budget for 2018-2019 is $27 million. About $8.5 million spent on FBS football and about $3 million on men's basketball. The money games have helped to pay down debt and fund other programs. In 2020, they collect $2.7 million from UCLA and Florida. In 2021, $3.1 million from Alabama and Kentucky. These games are not going away anytime soon.

"Moccia's $18.7 million budget in Fiscal Year 2019 was bolstered by substantial increases in ticket sales and fundraising revenues, but it was not enough to avoid drawing from monies he would rather spend enhancing the athletics department rather than simply surviving."

https://www.lcsun-news.com/story/sports/...022783001/

Never say never. I would only use these games as gravy, not hinge my entire athletic budget on them.

The money games are on the NMSU football schedule through the 2024 season, so they will be part of the budget through 2024. That is guaranteed revenue. Same for Tarleton State, who is playing at TCU in 2022 and getting paid $550,000 and at Texas A&M in 2025 for $500,000 guaranteed. I do not seeing that money going away.
05-25-2020 01:31 PM
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PojoaquePosse Offline
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Post: #27
RE: WAC Athletic Budgets
(05-25-2020 01:31 PM)SoCalBobcat78 Wrote:  
(05-24-2020 10:00 PM)Itinerant Texan Wrote:  
(05-24-2020 09:52 PM)Itinerant Texan Wrote:  
(05-24-2020 09:47 PM)SoCalBobcat78 Wrote:  
(05-24-2020 08:44 PM)Itinerant Texan Wrote:  If the WAC average is $15 mil and CBU/GCU are $23+mil, NMSU is $18 mil (with football), some schools in the conference are way under average. NMSU is barely in the black, and if they ever lose their FBS money games, things will get really tough in a hurry. I wonder why they chose to have such a low fee and instead depend heavily on FBS game payouts. COVID may force them to rethink that strategy.

The NMSU budget for 2018-2019 is $27 million. About $8.5 million spent on FBS football and about $3 million on men's basketball. The money games have helped to pay down debt and fund other programs. In 2020, they collect $2.7 million from UCLA and Florida. In 2021, $3.1 million from Alabama and Kentucky. These games are not going away anytime soon.

"Moccia's $18.7 million budget in Fiscal Year 2019 was bolstered by substantial increases in ticket sales and fundraising revenues, but it was not enough to avoid drawing from monies he would rather spend enhancing the athletics department rather than simply surviving."

https://www.lcsun-news.com/story/sports/...022783001/

Never say never. I would only use these games as gravy, not hinge my entire athletic budget on them.

The money games are on the NMSU football schedule through the 2024 season, so they will be part of the budget through 2024. That is guaranteed revenue. Same for Tarleton State, who is playing at TCU in 2022 and getting paid $550,000 and at Texas A&M in 2025 for $500,000 guaranteed. I do not seeing that money going away.

If the games aren’t played (COVID), it’s not guaranteed revenue.
05-25-2020 04:01 PM
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