Twenty-eight Football Programs Operating in the Red
- Thread starter Ghost of Spaceheater
- Start date
That is incorrect. SeminoleBoosters doesn't count as public money and isn't included in those calculations. If you would factor SeminoleBoosters into the equation our program operates in the black. Those numbers are like comparing apples to cars because for some programs their Booster funds are calculated in those numbers but for other programs like us our Booster funds are not included in those calculations.
Didn't take long.
I would be very surprised if Booster contributions were not reflected in those numbers.
What I see is that our athletic revenues grew by $35M in the past 10 years, while several other SEC programs' revenues increased by $50M+. This despite the fact that Florida has 4 major NCs during that period.
But keep telling yourself that Foley is a genius AD.
But keep telling yourself that Foley is a genius AD.
I think we were one of the only, if not the only SEC program with a high dollar Tier three TV contract 10 years ago?
This is the lesson to be taken from this.
If you watched the Ohio State v. Michigan State game this past Saturday then you saw the upper decks had many empty seats.
ESPN is probably getting very close to asking various TV partners to renegotiate the contracts. They're cutting all the fat they can in salaries. They won't have much of a choice soon but to restructure the contracts as they're still hemorrhaging money.
The various athletic departments made the classic mistake of business. They thought there was nowhere to go but up. So they treated their base in a shoddy fashion and have in turn killed the goose that laid the golden egg.
We're broke dude. It's all over. Jimbo is gone (even though he sux ), too broke to hire a decent replacement. NCAA going to strip our title cuz of rape gate.
They believe this on gatorcountry.
^^^^^ is annoying. You realize only women argue like that right? Invent things that people say, take it to the extreme, then passively aggressively argue. Good lord.
If they ran this report in 2009, I'm sure UF would have been the top SEC program. A few years ago, I could not drive to work without seeing a gator logo on every other car.
I predict that in 20 years, there will be no college football. Instead, college stadia will be filled with water to re-enact famous naval battles of the Punic Wars.
You know Caligula actually did that in the Coliseum? He had it filled with water so that naval battles could be reenacted.
*2: Quite possible, but irrelevant.
*3 & *5: Unsupported assertion (non sequitur), being from an irrelevant premise; see Petr's quote below. Therefore,
*4: Unsupported conclusion (non sequitur), being from an irrelevant condition, so most likely:
*1: The RRT's opening defense "incorrect" is itself false--most likely a deliberate lie.
The numbers used for the Washington Post article were not from reports on use of public money by public universities, unlike those that might be made (e.g.) to state legislatures; they were reports to the NCAA:
I seriously doubt that the NCAA would allow any school to omit any sources of money used in the operation of athletic programs, including the scholarships whose contributions are among the trumpeted purposes of athletic-boosters organizations. Of course, scarce few Gator readers wouldn't be surprised if SchmidtyNole posted on behalf of the FSU RRT without actually reading the article (what a concept!).Hobson & Rich in Washington Post said:
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An unsanctioned post!? I will be gathering a special session of the senior RRT members to discuss this matter immediately.
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They're not. FSU turned a very nice profit last year and our capital campaign is doing very well thus the continued upgrade in facilities i.e. Locker Room, players lounge, player dorms and addition of club seating. We're not operating in the red. Our booster support and contributions have never been higher.
Why would profiting from amateur athletics be a good thing? We're dedicated to providing scholarships, facilities, and services for our student athletes. That's our focus. We could probably save money, if we downsized our offensive production or didn't play in New Year's Six bowls every year. It would be hard to justify that, though, given our goals. Student athletes work so hard. They deserve those experiences.
What are you doubting? That booster numbers are left out or we are at our highest booster contribution number?
Who do you think knows better, you or me? Someone who works with the boosters or a UF fan guessing on a message board?
Who do you think knows better, you or me? Someone who works with the boosters or a UF fan guessing on a message board?
No public university would leave out booster number from their revenue number. Different universities report them differently. Hell, I think public university might even be required to report them in some fashion.
So, the number in the above link show 2014 revenues of $96.8mm for FSU. If you go to the USA today website of revenue and expenses, they show 2014 revenues of $104.8mm for FSU. That is a difference of $8mm. Kai is trying to assert that the original link does not show booster contributions. He is wrong.
Booster contributions for FSU in 2014 totaled $25.6mm
The difference between the two reports seem to be mandatory athletic student fees (taxes), which in 2014 totaled right at $8mm.
Booster contributions for FSU in 2014 totaled $25.6mm
The difference between the two reports seem to be mandatory athletic student fees (taxes), which in 2014 totaled right at $8mm.
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I verified this. I went back and looked at revenues from several universities, including Florida and found that the WaPo article does not include student fees in any of their calculations of Revenue for the programs I checked. I am going to assume that is true for all of them.
So, Kai and others can take comfort in the fact that including student fees, their program is profitable. But were it not for the mandatory student fees for athletics, their program is not profitable.
So, Kai and others can take comfort in the fact that including student fees, their program is profitable. But were it not for the mandatory student fees for athletics, their program is not profitable.
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Again I know more than you and FSU is doing just fine. If we werent we wouldnt be top 10 in coaching salaries for CFB, have elite facilities for the football, baseball, basketball and soccer programs. A lot of our money and donations are also tied up in capital campaign contributions that fund further projects like the few we finished this off season.
The point still remains we do more with less than probably 99% of college teams. We're run very well from an athletic standpoint. You should be worrying why we are killing you in footbal if you are so much better off. Seems you are wasting an awful lot of money this decade for no results.
The point still remains we do more with less than probably 99% of college teams. We're run very well from an athletic standpoint. You should be worrying why we are killing you in footbal if you are so much better off. Seems you are wasting an awful lot of money this decade for no results.
REMAIN CALM. ALL IS WELL.
You just can't admit being wrong, can you?
REMAIN CALM. ALL IS WELL.
It is not complicated. We made a bad football coaching decision. Much like FSU did when they allowed Bowden to remain for so long.
FSU is better than Florida in one, maybe two sports. Right now.
Overall, Florida is better than FSU. In athletics and academics. But not circus. Never circus.
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Basketball? You mean the basketball arena the city built for you? Thank god for the tax paying citizens of Florida....
The last 2 years you haven't been able to stop Cook or O'Leary the year before. In fact your DL got gashed pretty bad.
It's morally irresponsible for a public university to operate it's athletic dept in the red. The state legislatures should not allow it.
Economics and ever changing technology, etc. ESPN's business model was becoming outdated and they were too slow (maybe just too fat and happy et al Sears, Kmart, US Air, etc) to not account for the marketplace. In this case, digital mediums (Amazon.com, Discount airlines, etc) are ever increasing and cable has been slowing hemorrhaging subscribers for several years now, yet they were too focused on being the end all/be all for college football. As with anything with an overall product that is in demand...college football and the way it is broadcasted will go through a steady transition that very well may see some version of a 'correction'. Personally, I do not think it is a bad thing at all.
As for FSU, revenues have never been better and the money is being reinvested big time. Actually, it has been that way for the past few years. Those of you that have been to Tallahassee recently, or live there, have seen a tremendous change in just the facilities alone not to mention entire city blocks (college town) being remodeled , renovated, or entirely razed and rebuilt, and/or built from scratch. Reinvestment has been huge at FSU over the past five years and it is paying dividends for athletic programs.
you do realize cook was getting body slammed the entire game until the defense had nothing left at all, ive never seen someone rush for over 100 yards with more stains on his uniform for a reason lol. Obviously you don't get how football works when your offense does NOTHING because of a place kicker playing QB.
He was doing absolutely nothing until the last 10 minutes of the game when it was already over
Yeah...and if your aunt had nuts she'd be your uncle. The team you put on the field is who you are. Oh...and I didn't realize you guys had a kicker. FWIW
Hmmm. MJW is a business guy, and I'm not.
So upon further review, I see that I doubted incorrectly, in overlooking the 2 exceptions in the reporters' analyses (per their sidebar):
One family member would likely point to this excerpt as an example of the choices that make accounting more than just cut-&-dried keeping of books. To me, the relationship of the more-formal term "revenue" to the ordinary words "income" and "profit" seems really slippery.Hobson & Rich in Washington Post said:
I recall that, at least during Spurrier's regime[*], the UF Athletics Dept. often gave $millions "back" to UF academic funds, so Foley might not actually have the reported $10.6M as cash-on-hand. Anyone know whether Meyer, while on his subtropical "mountaintop", arranged more of the same? And what about that Dawg-mole Mousefield?
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Note *: The period analyzed by Hobson & Rich spanned Zook's firing season (7--4--0) and Mousefield's firing season (6--5--0). It must've been during the latter's regime that the school-record string of consecutive sell-outs at Florida Field came to its end; I assume it was the exasperating 4--8--0 season in 2013 (was it not?).
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I think the UF athletic department has given the University millions almost every single year for some long time.
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Our kicker is a dentist. Our quarterback is a kicker. And so on down the line. It's... unconventional.
I am calm because I know I am right. You're one to talk about not being to admit you're wrong. You didnt even go to UF. How can you feel so superior?
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