Interesting Read on Athletic Revenue for Div 1 Schools

Discussion in 'The Tiger's Den' started by DRC, May 9, 2005.

  1. DRC

    DRC TigerNator

    Joined:
    Oct 11, 2003
    Messages:
    4,745
    Likes Received:
    374
  2. mcmikel

    mcmikel Founding Member

    Joined:
    Jan 28, 2005
    Messages:
    995
    Likes Received:
    2
    Amazing how ULL breaks EVEN to the dollar and the Pond Scum are $9M to the good. Make room, Edwin, there some accountants heading your way...
     
  3. cajdav1

    cajdav1 Soldiers are real hero's

    Joined:
    Dec 26, 2003
    Messages:
    7,493
    Likes Received:
    1,331
    I really don't understand that report, especially the discrepency between total ncome and football income by many of the schools as I just don't see basketball bringing in as much money as the difference, but those are some incredible numbers. I'm sure some of it is booster clubs and endowments of some sort but Ohio St has a difference of about 57 million, where the heck does all that money come from?
     
  4. mcmikel

    mcmikel Founding Member

    Joined:
    Jan 28, 2005
    Messages:
    995
    Likes Received:
    2
    I know how ULL and the Scum pull it off.

    ULL just makes up the shortfall from general revenue and suddenly, you and I are supporting Crawfish athletics.

    Tulane employees, or their designee, get free tuition and an open admission. The athletic scholarships not full funded are assigned to a loyal employee with no family members attending school on Willow Street. So, the unused scholarship is now being used as a "funded" athletic scholarship. Legal, but sleazy. When the faculty tried to kill sports in the late-70's, this was the creative solution. Tulane has about 3,000 students going to school for free via the employee benefit.
     
  5. locoguano

    locoguano Founding Member

    Joined:
    Jun 26, 2004
    Messages:
    10,342
    Likes Received:
    2,216
    ULL's basketball and baseball operate at a profit.. that makes up for the football deficit..
     
  6. BostonBengal

    BostonBengal Founding Member

    Joined:
    May 14, 2003
    Messages:
    8,684
    Likes Received:
    296
    Yeah, they've had some pretty good support for their baseball team over the last couple of years.
     
  7. CParso

    CParso Founding Member

    Joined:
    Jan 20, 2004
    Messages:
    10,852
    Likes Received:
    368
    I don't feel like registering. Would somebody want to post the info about LSU?
     
  8. CParso

    CParso Founding Member

    Joined:
    Jan 20, 2004
    Messages:
    10,852
    Likes Received:
    368
    Thanks to mcmikel for shooting me an e-mail with the info.

    LSU:

    Total Revenues: 53,983,888
    Total Expenses: 47,427,254

    Women's Revenue: 426,040
    Women's Expenses: 6,979,135

    Football Revenue: 38,381,625
    Football Expenses: 15,349,550

    WOW! Women's sports costs LSU over 6 mill a year!
     
  9. Dutchtown tiger

    Dutchtown tiger Founding Member

    Joined:
    Nov 4, 2003
    Messages:
    1,324
    Likes Received:
    10
    We have one of the lowest net revenues for football in the league whereas Uga has the highest at 33 million.
     
  10. CParso

    CParso Founding Member

    Joined:
    Jan 20, 2004
    Messages:
    10,852
    Likes Received:
    368
    Football Revenue for some other big schools:

    Michigan: 38,547,937
    Ohio St: 46,242,355
    Oklahoma: 34,293,061
    Texas: 47,556,281
    Texas A&M: 31,103,827
    Sthrn Cal: 26,244,364
    Florida: 42,710,967

    So were are up there with the big dogs as far as revenue.

    However, as duchtown just mentioned, our expenses seem to be really, really high which drags down our net profit. In fact, only Ohio St (at 16,128,530), and Southern Cal (at 15,377,942) surpus our Football Expenses. WHY IS THIS???
     

Share This Page