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Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
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quo vadis Online
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Post: #21
RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-01-2020 10:06 PM)CardinalJim Wrote:  I read that as a veiled threat to the NCAA. If you cancel our season, we’ll play without you. Everyone will finally see the NCAA for what it is. All hat, no cattle.

But ... what is the "NCAA" other than all the member schools?

So I think the real warning shot is aimed at the G5 and FCS, to not support any attempt to cancel fall championships in the NCAA councils. The P5 is saying "if you guys vote to cancel, well you'll be playing for titles without us", which of course would be disastrous for G5 in all areas and FCS in all areas outside of football.
08-02-2020 10:10 AM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 10:02 AM)domer1978 Wrote:  Keep the bball tournament with the NCAA. Carve out the P5 plus some friends and create a separate league.

If the breakaway happens monetizing basketball more fully is essential. You can't do that through the NCAA controlling the tourney. Season before last they got over 1 Billion for the tourney. They bankroll into one of their two endowments 70 million plus a year, take 5 years to payout the credits for a single tournament so that they control funds to draw interest compound for 4 years, and the last time I checked (maybe 3 years ago) they were zeroing in on 2 billion in endowed funds.

These nimrods who think that the NCAA is anyone's friend need to wake up.

If the P5 breaks away it won't be for football only. Owning the College World Series, the Women's and Men's basketball tourneys, Hockey for those who play it, all would increase the contract value of those involved.

Each sport might start with the P5 as the core but baseball could easily include programs like Dallas Baptist, Fresno State, Cal State Fullerton, etc. The Big East would definitely be included for hoops and that is where they stand to make a lot more revenue without the NCAA. So it won't be done for football only. Football already monetizes itself independent of the NCAA. But one reason basketball only earns 20% of what CFB earns is because the NCAA controls that tournament revenue and they keep expanding the tournament to make the tournament more of a spectacle while devaluing the regular season.

But like any bureaucracy the NCAA has grown into an entity that protects and serves itself and it is so outdated that a new and more flexible governing structure is needed.
08-02-2020 10:14 AM
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Post: #23
Power 5 Leaders
Here's the key paragraph in the article.

Quote:Multiple sources said part of the motivation for the Power 5 considering hosting its own fall Olympic sports seasons is to justify playing football, the revenue-driving sport for all athletic departments at that level. If all the other sports are canceled but football perseveres on its own, the optics would open up the schools to severe criticism. Thus, playing all fall sports would allow those schools to say that they are not uniquely subjecting football players to any risk.

Sounds a lot more like CYA than some kind of act of defiance.

What does it look like when you claim it's safe enough for football post-season but not all other fall sports? And are there possible legal ramifications for providing COVID protocols for football but not other sports (particularly women's sports)?

There's zero chance the P5 wants to spend money on championships that will make no money if they can avoid it. The idea they're going to do that just as some act of defiance it laughable.
08-02-2020 10:20 AM
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quo vadis Online
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 10:20 AM)EigenEagle Wrote:  Here's the key paragraph in the article.

Quote:Multiple sources said part of the motivation for the Power 5 considering hosting its own fall Olympic sports seasons is to justify playing football, the revenue-driving sport for all athletic departments at that level. If all the other sports are canceled but football perseveres on its own, the optics would open up the schools to severe criticism. Thus, playing all fall sports would allow those schools to say that they are not uniquely subjecting football players to any risk.

Sounds a lot more like CYA than some kind of act of defiance.

What does it look like when you claim it's safe enough for football post-season but not all other fall sports? And are there possible legal ramifications for providing COVID protocols for football but not other sports (particularly women's sports)?

There's zero chance the P5 wants to spend money on championships that will make no money if they can avoid it. The idea they're going to do that just as some act of defiance it laughable.

You have to remember that any time the P5 interacts with the NCAA, there is the context of control over football. That stems back to the 1980s when the Power conferences wrested TV control from the NCAA.

So when the NCAA does something that seems to put pressure on football - which canceling other Fall championships will do because of the optics involved - then it is inevitable that the P5 will view it through the lens of the NCAA trying to use the pandemic crisis to worm its way into having more control over football generally.
(This post was last modified: 08-02-2020 10:46 AM by quo vadis.)
08-02-2020 10:45 AM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 10:14 AM)JRsec Wrote:  
(08-02-2020 10:02 AM)domer1978 Wrote:  Keep the bball tournament with the NCAA. Carve out the P5 plus some friends and create a separate league.

If the breakaway happens monetizing basketball more fully is essential. You can't do that through the NCAA controlling the tourney. Season before last they got over 1 Billion for the tourney. They bankroll into one of their two endowments 70 million plus a year, take 5 years to payout the credits for a single tournament so that they control funds to draw interest compound for 4 years, and the last time I checked (maybe 3 years ago) they were zeroing in on 2 billion in endowed funds.

These nimrods who think that the NCAA is anyone's friend need to wake up.

If the P5 breaks away it won't be for football only. Owning the College World Series, the Women's and Men's basketball tourneys, Hockey for those who play it, all would increase the contract value of those involved.

Each sport might start with the P5 as the core but baseball could easily include programs like Dallas Baptist, Fresno State, Cal State Fullerton, etc. The Big East would definitely be included for hoops and that is where they stand to make a lot more revenue without the NCAA. So it won't be done for football only. Football already monetizes itself independent of the NCAA. But one reason basketball only earns 20% of what CFB earns is because the NCAA controls that tournament revenue and they keep expanding the tournament to make the tournament more of a spectacle while devaluing the regular season.

But like any bureaucracy the NCAA has grown into an entity that protects and serves itself and it is so outdated that a new and more flexible governing structure is needed.

Where does one go to find out how much the NCAA has in its endowments? A Google search seems to come up dry on the subject.
08-02-2020 12:19 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.
08-02-2020 01:16 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 10:07 AM)quo vadis Wrote:  I think it's also a warning shot to the G5, not to support any such moves in NCAA councils, as it would be catastrophic for the G5 to be left out.

But if the popular thought is the G-5 will eventually be left out then it really doesn't matter if they support the NCAA or not. Again, it's like to P-5 saying to the G-5, "if you wanna to continue sucking our tits a little longer than you better do what we say!"

I don't think it would be catastrophic for the entire G-5 but it would definitely weed out the schools that can survive from those who can't. At some point the G-5 is going to have to figure out how to survive on its own without the 1 to 2 million dollars hand me down from P-5 schools. It's long been time for the G-5 to cut the umbilical cord from the P-5.
(This post was last modified: 08-02-2020 01:17 PM by HiddenDragon.)
08-02-2020 01:17 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 10:10 AM)quo vadis Wrote:  
(08-01-2020 10:06 PM)CardinalJim Wrote:  I read that as a veiled threat to the NCAA. If you cancel our season, we’ll play without you. Everyone will finally see the NCAA for what it is. All hat, no cattle.

But ... what is the "NCAA" other than all the member schools?

So I think the real warning shot is aimed at the G5 and FCS, to not support any attempt to cancel fall championships in the NCAA councils. The P5 is saying "if you guys vote to cancel, well you'll be playing for titles without us", which of course would be disastrous for G5 in all areas and FCS in all areas outside of football.

11 votes come from conferences that have no connection to football. And 4 come from conferences that have cancelled sports and aren't too dependent on the P5 (Ivy, Patriot, MEAC, SWAC). So then you have the P5, G5 and 7 conferences that sponsor FCS football, but 3 of those have tenuous ties to their football conference.

So I think you would have to include the basketball schools.
08-02-2020 01:24 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.
08-02-2020 01:48 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:48 PM)ken d Wrote:  
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.
08-02-2020 01:51 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:51 PM)bullet Wrote:  
(08-02-2020 01:48 PM)ken d Wrote:  
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.

The reported interest revenue for this year was over 14.5 million which assuming a 2% interest rate (which is high) indicates a deposited amount of over 750 million and that wasn't endowment money. They keep that separate. Around 2011 there was an article from either Forbes or the WSJ which listed the two endowments and had them set just under 1 billion. Back then they were banking 70 million a year in these funds. The profits have increased the NCAA made 1 billion off of the tourney in 2017 and 1.1 billion in 2018. It's only reasonable to assume they have continued their annual deposits and that they have increased since 2011.

None of their information is very recent and most of it never mentions the endowments that were once listed as part of their capital reserve..

Here is a reasonable article with an interesting pie chart. Note that expenditures to schools include services and overhead of the NCAA deemed by the NCAA to be beneficial to the schools. There is a lot of room in that to hide bureaucratic waste. And this article doesn't list the endowments, but if you Google their annual budget you will find both investment revenue and interest each of which indicates larger sums deposited or invested somewhere.

https://moneynation.com/how-much-money-d...ncaa-make/
(This post was last modified: 08-02-2020 02:05 PM by JRsec.)
08-02-2020 02:04 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
Of course they are hiding cash.
08-02-2020 02:50 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:51 PM)bullet Wrote:  
(08-02-2020 01:48 PM)ken d Wrote:  
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.

Reserves and endowments are different things. Those reserves were included in previous financial statements of the NCAA, but they apparently already spent that money to settle class action lawsuits by athletes who played before the NCAA changed its stance on full cost of attendance.
08-02-2020 04:10 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 02:04 PM)JRsec Wrote:  
(08-02-2020 01:51 PM)bullet Wrote:  
(08-02-2020 01:48 PM)ken d Wrote:  
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.

The reported interest revenue for this year was over 14.5 million which assuming a 2% interest rate (which is high) indicates a deposited amount of over 750 million and that wasn't endowment money. They keep that separate. Around 2011 there was an article from either Forbes or the WSJ which listed the two endowments and had them set just under 1 billion. Back then they were banking 70 million a year in these funds. The profits have increased the NCAA made 1 billion off of the tourney in 2017 and 1.1 billion in 2018. It's only reasonable to assume they have continued their annual deposits and that they have increased since 2011.

None of their information is very recent and most of it never mentions the endowments that were once listed as part of their capital reserve..

Here is a reasonable article with an interesting pie chart. Note that expenditures to schools include services and overhead of the NCAA deemed by the NCAA to be beneficial to the schools. There is a lot of room in that to hide bureaucratic waste. And this article doesn't list the endowments, but if you Google their annual budget you will find both investment revenue and interest each of which indicates larger sums deposited or invested somewhere.

https://moneynation.com/how-much-money-d...ncaa-make/

That $14.5 million reported was not "interest income", but rather "income from investments". That category would also include gains on sales of investments (that is to say, capital gains on sales of stocks or gains on sale of interest bearing securities which may have been initially bought at less than par). The financial statements further indicate that the amount of sales of investments during that year (2019) totalled $98 million, and that the amount of unrealized gains on investments held at the end of their fiscal year was about $3 million. A sizeable share of their $377 million in assets at the start of that year was in mutual funds. Given gains in the stock market during that year, it's not unreasonable to assume that a good part of that $14.5 million wasn't just interest on bonds.

Of the $1.18 billion in gross revenues reported for 2019, all but $70 million (which was retained by the NCAA) was listed as expenses as follows:

Distributions to D-I schools...$611 million
Costs of D-I championships and NIT ...$154 million
Costs of D-II championships and distributions...$53 million
Cost of D-III championships and distribution ...$35 million
Costs of association wide programs... $150 million
Management costs ...$44 million

The numbers for 2018 were similar, except that the net increase in NCAA assets was only about $25 million.
08-02-2020 04:39 PM
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Post: #35
RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 04:39 PM)ken d Wrote:  
(08-02-2020 02:04 PM)JRsec Wrote:  
(08-02-2020 01:51 PM)bullet Wrote:  
(08-02-2020 01:48 PM)ken d Wrote:  
(08-02-2020 01:16 PM)Stugray2 Wrote:  https://www.usatoday.com/story/sports/20...038279002/

They have a reserve. But they reduced it, then SARS-2 CoVid-19 happened, and it's much depleted.

If the P5 started their own tournaments, they would have to buy insurance (significant cost) until they could build up a rainy day fund of their own. And like all rainy day funds, when the whether is nice and dry, your constituents clamor for you to distribute that money. Then a crisis hits and your reserve vanishes without covering what it was designed for because you were forced to distribute a significant portion of it to keep your constituents happy. I have seen this play out three times in my life with the California State surplus.

I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.

The reported interest revenue for this year was over 14.5 million which assuming a 2% interest rate (which is high) indicates a deposited amount of over 750 million and that wasn't endowment money. They keep that separate. Around 2011 there was an article from either Forbes or the WSJ which listed the two endowments and had them set just under 1 billion. Back then they were banking 70 million a year in these funds. The profits have increased the NCAA made 1 billion off of the tourney in 2017 and 1.1 billion in 2018. It's only reasonable to assume they have continued their annual deposits and that they have increased since 2011.

None of their information is very recent and most of it never mentions the endowments that were once listed as part of their capital reserve..

Here is a reasonable article with an interesting pie chart. Note that expenditures to schools include services and overhead of the NCAA deemed by the NCAA to be beneficial to the schools. There is a lot of room in that to hide bureaucratic waste. And this article doesn't list the endowments, but if you Google their annual budget you will find both investment revenue and interest each of which indicates larger sums deposited or invested somewhere.

https://moneynation.com/how-much-money-d...ncaa-make/

That $14.5 million reported was not "interest income", but rather "income from investments". That category would also include gains on sales of investments (that is to say, capital gains on sales of stocks or gains on sale of interest bearing securities which may have been initially bought at less than par). The financial statements further indicate that the amount of sales of investments during that year (2019) totalled $98 million, and that the amount of unrealized gains on investments held at the end of their fiscal year was about $3 million. A sizeable share of their $377 million in assets at the start of that year was in mutual funds. Given gains in the stock market during that year, it's not unreasonable to assume that a good part of that $14.5 million wasn't just interest on bonds.

Of the $1.18 billion in gross revenues reported for 2019, all but $70 million (which was retained by the NCAA) was listed as expenses as follows:

Distributions to D-I schools...$611 million
Costs of D-I championships and NIT ...$154 million
Costs of D-II championships and distributions...$53 million
Cost of D-III championships and distribution ...$35 million
Costs of association wide programs... $150 million
Management costs ...$44 million

The numbers for 2018 were similar, except that the net increase in NCAA assets was only about $25 million.

There are 2 endowments. There is a thread here from years ago, in which the source was cited. Finding that information now is hard to do, like so many other topics. I'm pretty sure it was Forbes or WSJ though and the total was just under a billion back then. The NCAA was averaging placing 70 million a year at that time into the endowments. That roughly lines up with a % of profit retained from the tourney and after some of their listed overhead as shown in the pie chart referenced in the link. And the report I saw, their official budget report, said interest, but then I am developing cataracts and lining up one eye with the other following a line is becoming more difficult. I'll likely have the surgery when this COVID mess has passed.
08-02-2020 04:50 PM
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 04:50 PM)JRsec Wrote:  
(08-02-2020 04:39 PM)ken d Wrote:  
(08-02-2020 02:04 PM)JRsec Wrote:  
(08-02-2020 01:51 PM)bullet Wrote:  
(08-02-2020 01:48 PM)ken d Wrote:  I don't think that's what JR is referring to. There is no information about endowments contained in the NCAA's audited financial statements. I'm not sure they would be subject to any FOIA requirements. But there is nothing in the financials to suggest that the NCAA is using any of its approximately $1 billion a year revenues into an endowment.

Its pretty common knowledge that the NCAA set aside significant reserves in relation to the various litigation they are fighting regarding athlete compensation.

The reported interest revenue for this year was over 14.5 million which assuming a 2% interest rate (which is high) indicates a deposited amount of over 750 million and that wasn't endowment money. They keep that separate. Around 2011 there was an article from either Forbes or the WSJ which listed the two endowments and had them set just under 1 billion. Back then they were banking 70 million a year in these funds. The profits have increased the NCAA made 1 billion off of the tourney in 2017 and 1.1 billion in 2018. It's only reasonable to assume they have continued their annual deposits and that they have increased since 2011.

None of their information is very recent and most of it never mentions the endowments that were once listed as part of their capital reserve..

Here is a reasonable article with an interesting pie chart. Note that expenditures to schools include services and overhead of the NCAA deemed by the NCAA to be beneficial to the schools. There is a lot of room in that to hide bureaucratic waste. And this article doesn't list the endowments, but if you Google their annual budget you will find both investment revenue and interest each of which indicates larger sums deposited or invested somewhere.

https://moneynation.com/how-much-money-d...ncaa-make/

That $14.5 million reported was not "interest income", but rather "income from investments". That category would also include gains on sales of investments (that is to say, capital gains on sales of stocks or gains on sale of interest bearing securities which may have been initially bought at less than par). The financial statements further indicate that the amount of sales of investments during that year (2019) totalled $98 million, and that the amount of unrealized gains on investments held at the end of their fiscal year was about $3 million. A sizeable share of their $377 million in assets at the start of that year was in mutual funds. Given gains in the stock market during that year, it's not unreasonable to assume that a good part of that $14.5 million wasn't just interest on bonds.

Of the $1.18 billion in gross revenues reported for 2019, all but $70 million (which was retained by the NCAA) was listed as expenses as follows:

Distributions to D-I schools...$611 million
Costs of D-I championships and NIT ...$154 million
Costs of D-II championships and distributions...$53 million
Cost of D-III championships and distribution ...$35 million
Costs of association wide programs... $150 million
Management costs ...$44 million

The numbers for 2018 were similar, except that the net increase in NCAA assets was only about $25 million.

There are 2 endowments. There is a thread here from years ago, in which the source was cited. Finding that information now is hard to do, like so many other topics. I'm pretty sure it was Forbes or WSJ though and the total was just under a billion back then. The NCAA was averaging placing 70 million a year at that time into the endowments. That roughly lines up with a % of profit retained from the tourney and after some of their listed overhead as shown in the pie chart referenced in the link. And the report I saw, their official budget report, said interest, but then I am developing cataracts and lining up one eye with the other following a line is becoming more difficult. I'll likely have the surgery when this COVID mess has passed.

A while back, I borrowed my son's car when I had to leave mine in the shop. When I gave it back to him I advised him to get his windshield cleaned because it was so cloudy. He told me to see an eye doctor. Cataract surgery is an amazing thing these days. The result was like night and day. Even colors are more vivid afterward.

Other than the raw financial statements, I was amazed how little reporting there has been about NCAA finances. Most articles are dated 2014 or older.
08-02-2020 05:01 PM
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ah59396 Offline
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Post: #37
RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:17 PM)HiddenDragon Wrote:  
(08-02-2020 10:07 AM)quo vadis Wrote:  I think it's also a warning shot to the G5, not to support any such moves in NCAA councils, as it would be catastrophic for the G5 to be left out.

But if the popular thought is the G-5 will eventually be left out then it really doesn't matter if they support the NCAA or not. Again, it's like to P-5 saying to the G-5, "if you wanna to continue sucking our tits a little longer than you better do what we say!"

I don't think it would be catastrophic for the entire G-5 but it would definitely weed out the schools that can survive from those who can't. At some point the G-5 is going to have to figure out how to survive on its own without the 1 to 2 million dollars hand me down from P-5 schools. It's long been time for the G-5 to cut the umbilical cord from the P-5.

I agree with you here. The G5 has a ton of dead weight schools that have been “FBS” now for two decades without even a breath of financial nor on the field success.
08-02-2020 05:06 PM
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quo vadis Online
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Post: #38
RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
(08-02-2020 01:17 PM)HiddenDragon Wrote:  
(08-02-2020 10:07 AM)quo vadis Wrote:  I think it's also a warning shot to the G5, not to support any such moves in NCAA councils, as it would be catastrophic for the G5 to be left out.

But if the popular thought is the G-5 will eventually be left out then it really doesn't matter if they support the NCAA or not. Again, it's like to P-5 saying to the G-5, "if you wanna to continue sucking our tits a little longer than you better do what we say!"

I don't think it would be catastrophic for the entire G-5 but it would definitely weed out the schools that can survive from those who can't. At some point the G-5 is going to have to figure out how to survive on its own without the 1 to 2 million dollars hand me down from P-5 schools. It's long been time for the G-5 to cut the umbilical cord from the P-5.

Well, the popular thought could very well be wrong - absent a compelling event I don't think the P5 is going to leave the NCAA any time soon - so why do something to provoke something that could induce it? I mean, if your life depends on sucking a hind tit, then yes, it makes sense to do what the tit-holder wants, LOL.

IMO, the P5 separating from the G5 is a entire net negative to the G5. Do not see how that could possibly be helpful. Basically, national interest in college football is driven by the high-value P5 teams. Separate from them and what would the G5 have left?
08-02-2020 05:42 PM
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IWokeUpLikeThis Offline
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Post: #39
RE:PowerLeaders Exploring Possibility of Staging Their Own Fall Sports Championships
Wazzu will now officially be a lot of people’s favorite west coast team:

08-02-2020 05:53 PM
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HatterFan Offline
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RE: Power 5 Leaders Exploring Possibility of Staging Their Own Fall Sports Championships
I would ask how Rolovich thinks he's going to be able to recruit after pulling something like this before ever coaching a game at Wazzu, but pretty sure he's trying to get fired to go get that FNC/book deal $$. Easier gig than trying to win 7+ consistently in Pullman for sure.
08-02-2020 06:00 PM
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