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Huskers first to be rejected by Tad
- Thread starter Buff_since76
- Start date
I have no idea. We know they don't get a damn thing from the state.
Considering their media deal pays about $2 million a year, they get like 20k in attendance for football, and I'm pretty sure they're under a large debt obligation for that half-field indoor practice facility... I just don't get it.
Is the school underwriting the AD?
The news said that both buyouts were paid with 'private funds' - i just can't imagine that they have nearly $2MM in donations lying around to burn on buyouts.
But, just on the FB coach, next BB coach, and the 2 buyouts, they're looking at nearly $5MM in costs.
This site says their 2009 - 2010 revenue was only $7.2MM for football
http://businessofcollegesports.com/tag/san-diego-state/
Their AD as a whole makes a profit of $700k during that same period. If you were to assume that their margin was steady since that data, their entire margin would/will be gone just on the salaries of the new coaches.
But, just on the FB coach, next BB coach, and the 2 buyouts, they're looking at nearly $5MM in costs.
This site says their 2009 - 2010 revenue was only $7.2MM for football
http://businessofcollegesports.com/tag/san-diego-state/
Their AD as a whole makes a profit of $700k during that same period. If you were to assume that their margin was steady since that data, their entire margin would/will be gone just on the salaries of the new coaches.
I think it was... if we're talking about what CSU would have had to pay him if they'd fired him right now under that new agreement.
fify
I don't remember the site and I'm not going to bother looking for it now but a while back there was a link here with a listing of how much each school subsidized their athletic programs. The numbers are hard to pin down exactly because of various means of accounting, things like do you count student fees as a subsidy if they get athletic passes or on the other side CU where the AD pays out of state tuition for every football player even those who are in state students.
This link indicated that CSU subsidizes athletics as a whole to the tune of about $15 million a year which is a little over half their total budget. CU was listed as the only school in this region that was fully self-funding. A small number of schools actually turn a profit (on paper) for the school wit athletics but again these numbers are hard to define. How many millions of dollars of donations come about to schools because some alum is proud of his school going the the X bowl or beating the traditional rival on national TV?
This link indicated that CSU subsidizes athletics as a whole to the tune of about $15 million a year which is a little over half their total budget. CU was listed as the only school in this region that was fully self-funding. A small number of schools actually turn a profit (on paper) for the school wit athletics but again these numbers are hard to define. How many millions of dollars of donations come about to schools because some alum is proud of his school going the the X bowl or beating the traditional rival on national TV?
Might be a new revenue source for them. Hire up and coming new coaches, sign a contract with a big buyout, and find other schools to hire them.
More effective than trying to sell football tickets for them.
pwbuffan
Active Member
Wasn't A&M the first to be told no? Or was that just rumor.
Huskers got the first rejection of this year, but you're right... even on this, Nebraska couldn't finish first.
There is absolutely no way that CSU can maintain this pace of spending without major donors stepping up. As mentioned above, in addition to peanuts in TV revenue, they get lousy attendance in both football and even this season in bball. They do not have a viable fiscal model.
fify
Tractor
Club Member
BehindEnemyLines
beware the habu
And what will they do with those Happy Meal coupons and matchbox cars when the teams don't qualify for the post-season?
