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Forbes: Football earnings in Big 12

Buffnik

Buffnik

Real name isn't Nik
Club Member
Junta Member
Football Revenue
University of Texas...$93,942,815.00
University of Oklahoma...$58,295,888.00
University of Nebraska...$49,928,228.00
Texas A&M...$41,915,428.00
Oklahoma State...$32,787,498.00
University of Colorado...$26,233,929.00
Texas Tech...$26,201,009.00
University of Missouri...$25,378,066.00
Iowa State...$19,974,924.00
University of Kansas...$17,885,176.00
Kansas State...$17,570,624.00
Baylor University...$14,355,322.00

http://blogs.forbes.com/sportsmoney/2011/03/20/whos-making-money-in-big-12-football/

Here's the Pac-10: http://blogs.forbes.com/sportsmoney/2011/03/04/pac-10-financials-show-little-athletics-profit/

We will move from 6th to 5th when we join the Pac-12 while being less than $8 million behind the leader (vs nearly $70 million behind the Big 12 leader).

Also, if you scroll down and check out "Expenses" you'll see that CU is running a very efficient program. In fact, we're not putting enough back into the program. This is a big reason why we need basketball to become a profit center, need to see a better media contract, and need to increase donor levels.
 
almost $100,000,000.00 in revenue.. that is unbelievable.

What do they do with all the extra money!?!? The entire athletic department budget is almost as much as the football revenue.
 
6d0d5d8f.jpg
 
We really need basketball to improve. Right now CU athletics has a profit under $1mil at the end of the year. This is why we get stuck with crap like D2D for extra years.

We really need the Pac12 TV deal to be at a minimum $15mil per school. Which should give us between $5-$8mil additional in the athletic department per year that we didn't see in the big 12.
 
Part of what makes UT such a money earner is the fact that they have a 100,000+ seat stadium. That's twice the size of Folsom, and they probably charge more per seat than CU does, and make more off of concessions, parking, etc.

When CU is in a position to expand Folsom, it really needs to do so. A 53,000 seat stadium won't cut it, long term. We'll need it to be 80,000+ in order to really compete with the rest of the college football elites.
 
sackman said:
Part of what makes UT such a money earner is the fact that they have a 100,000+ seat stadium. That's twice the size of Folsom, and they probably charge more per seat than CU does, and make more off of concessions, parking, etc.

When CU is in a position to expand Folsom, it really needs to do so. A 53,000 seat stadium won't cut it, long term. We'll need it to be 80,000+ in order to really compete with the rest of the college football elites.
Click to expand...

Sacky is right. I know that that tickets usually start at $43.00 and go up from there. I saw that we were charging like $15.00 last year -- UT charges 3 times the price and has twice the capacity.
 
sackman said:
Part of what makes UT such a money earner is the fact that they have a 100,000+ seat stadium. That's twice the size of Folsom, and they probably charge more per seat than CU does, and make more off of concessions, parking, etc.

When CU is in a position to expand Folsom, it really needs to do so. A 53,000 seat stadium won't cut it, long term. We'll need it to be 80,000+ in order to really compete with the rest of the college football elites.
Click to expand...


Not really any reason to expand when there's no sell-outs, waiting lists, etc. right now.

If CU gets to the point that it sells out EVERY GAME for a season -- then I think expanding the stadium might be a good idea.
 
Lt.Col.FrankSlade said:
Not really any reason to expand when there's no sell-outs, waiting lists, etc. right now.

If CU gets to the point that it sells out EVERY GAME for a season -- then I think expanding the stadium might be a good idea.
Click to expand...

You apparently missed the part of my post that said "When CU is in a position to expand Folsom..."

We're not in that position right now. I fully understand that.
 
Hopefully our donations will go up as well. Look at Alabama with 33 million in donations and Texas at 27 mill. We have a lot of ground to make up on this front as well. Hopefully the excellence fund will help.
 
absinthe said:
shouldn't the subsidy be off-set against the tuition paid to the school by the ad, which in our case is about 1.4million more than the subsidy?
Click to expand...

Where are you getting those numbers?

By my napkin math, the football team with 85 scholarships at roughly 20,000 each comes to $1.7MM/Year. If the school is subsidizing the AD to the tune of $5.5MM, the AD is still ahead of the game, even if you add in basketball, track, soccer, etc scholarships.
 
Face value for the worst tickets at UT are I think around $70 per game. Have to pay at least $80 per game with anything where you get a decent view of the field. That is of course after you pay your initial "donation" to the athletic department and hundreds of dollars in yearly "donations"
 
sackman said:
Where are you getting those numbers?

By my napkin math, the football team with 85 scholarships at roughly 20,000 each comes to $1.7MM/Year. If the school is subsidizing the AD to the tune of $5.5MM, the AD is still ahead of the game, even if you add in basketball, track, soccer, etc scholarships.
Click to expand...

I am getting it from the column on the linked spread sheet titled:

"Tuition, aid for student athletes"
 
NashBuff said:
Husker fans have long accused CU fans of not being supportive of their sports teams and then we see that NU's donations are half of CU's donations.
Click to expand...

HUsker fans make up for it by buying any red piece of **** with the letter N on it they can get their hands on
 
Lt.Col.FrankSlade said:
Not really any reason to expand when there's no sell-outs, waiting lists, etc. right now.

If CU gets to the point that it sells out EVERY GAME for a season -- then I think expanding the stadium might be a good idea.
Click to expand...

Oklahoma could never sell out EVERY game yet they expanded
 
Lt.Col.FrankSlade said:
almost $100,000,000.00 in revenue.. that is unbelievable.

What do they do with all the extra money!?!? The entire athletic department budget is almost as much as the football revenue.
Click to expand...

Pay their football coach 5 million a year. That definitely takes up a significant chunk.
 
Out of curiosity for you bean counters. What if Folsom were expanded to say 60-65k, and seating prices lowered by about 1/3 and Colorado started pulling in on average about 10k more attendance per game(55-58k) with the corresponding concessions increases? Is this feasible? And if so why wouldn't we do it?
 
I'm sure UT plows a lot of that cash into facilities and endowments. The kinds of things that will pay dividends for the department even when their on-field/court performance sucks.
 
buffedup said:
Out of curiosity for you bean counters. What if Folsom were expanded to say 60-65k, and seating prices lowered by about 1/3 and Colorado started pulling in on average about 10k more attendance per game(55-58k) with the corresponding concessions increases? Is this feasible? And if so why wouldn't we do it?
Click to expand...

I think part of the problem is that they don't know if they could get 60K into that stadium, regardless of price. Until there's an indication that there's a demand for additional seating, spending the money to expand doesn't make financial sense. You run the risk of selling 50K seats for 2/3 the price of what you were charging before.
 
sackman said:
I'm sure UT plows a lot of that cash into facilities and endowments. The kinds of things that will pay dividends for the department even when their on-field/court performance sucks.
Click to expand...

That, and creepy racist statues.

Also, holy balls... Phil's Kids got $73M in donations last year! That's more than all but 26 programs have in TOTAL REVENUE (and the Huskers are the 26th and just barely over that number). I'd feel pretty ripped off if I was T. Boone considering where those two programs finished last year.
 
buffedup said:
Out of curiosity for you bean counters. What if Folsom were expanded to say 60-65k, and seating prices lowered by about 1/3 and Colorado started pulling in on average about 10k more attendance per game(55-58k) with the corresponding concessions increases? Is this feasible? And if so why wouldn't we do it?
Click to expand...


You are starting with the assumption that price is the deciding factor in getting fannies in the seats. It has been shown time and time again that it is winning.
 
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