Are we really lolpoor in athletics?

I am glad we double up Louisville, but those yankees in Columbus and those (whatever) in Austin make a better showing.


Colleges Making the Most Money From Sports: Ohio State Tops the List (businessinsider.com)

I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

Definitely Not a Troll said:

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I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

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This is for 2022. What had Texas done of significance in recent history? Other than include concerts in athletic revenue that is.

Definitely Not a Troll said:

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I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

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Revenue for the most part isn't directly related to performance. We are going to sell so many football season tickets pretty much no matter how good or bad we where the previous year.

Plus good hunk of revenue is from conference tv deals.

Now MBB is one where you get more money the farther you advance in the NCAAs.

also facility donations count in the revenue, so we're always building stuff so that counts in the total

Bellards Boys said:

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Are we really lolpoor in athletics?

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No, just the opposite. The real question is what are we getting for the money?

It's actually an average of 20, 21, and 22.

I have a feeling they are rolling in facility improvement dollars into these totals because when we sank half a billion into Kyle Field we were in the Top 3 around those years.

Too funny Louisville is listed as making more from men's basketball ($25 million per) than Kentucky ($23 million per) for 2020-2022. That includes the worst year of Louisville basketball since WWII in 2022 (4-28) and a losing season in 2021 (13-19).

From the OP's link, those financial numbers represent the average over the last three seasons.

Quote:

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. . . We used data made available by the US Department of Education and calculated the average revenue generated by athletic programs for the three most recent years available, 2020 through 2022. . .

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Edit - Emilio Fantastico beat me to it.

Emilio Fantastico said:

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It's actually an average of 20, 21, and 22.

I have a feeling they are rolling in facility improvement dollars into these totals because when we sank half a billion into Kyle Field we were in the Top 3 around those years.

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Donations are counted as revenue.

greg.w.h said:

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Emilio Fantastico said:

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It's actually an average of 20, 21, and 22.

I have a feeling they are rolling in facility improvement dollars into these totals because when we sank half a billion into Kyle Field we were in the Top 3 around those years.

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Donations are counted as revenue.

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Is that true?

Quote:

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From the article:


Major sources of income include conference television contracts divided among the member schools, sponsorships, and ticket sales.

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Both OSU and the sips probably lead the nation in T-shirt fans as well.

Wow, is no one gonna talk about how Michigan women's basketball is big up there?

Michigan Women's Basketball Revenue: $426,000 million

BQ_90 said:

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Definitely Not a Troll said:

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I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

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Revenue for the most part isn't directly related to performance. We are going to sell so many football season tickets pretty much no matter how good or bad we where the previous year.

Plus good hunk of revenue is from conference tv deals.

Now MBB is one where you get more money the farther you advance in the NCAAs.

also facility donations count in the revenue, so we're always building stuff so that counts in the total

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The fact that Indiana made that list tells me it's not correlated to performance at all.

I don't understand these numbers because I just read an article a few days ago that said A&M had 279 million dollars in revenue last year.

A&M revenue

rootube said:

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BQ_90 said:

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Definitely Not a Troll said:

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I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

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Revenue for the most part isn't directly related to performance. We are going to sell so many football season tickets pretty much no matter how good or bad we where the previous year.

Plus good hunk of revenue is from conference tv deals.

Now MBB is one where you get more money the farther you advance in the NCAAs.

also facility donations count in the revenue, so we're always building stuff so that counts in the total

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The fact that Indiana made that list tells me it's not correlated to performance at all.

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of course it isn't, anyone that things that isn't very bright to begin with

Aggie Apotheosis said:

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I don't understand these numbers because I just read an article a few days ago that said A&M had 279 million dollars in revenue last year.

A&M revenue

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" However, Texas A&M is attributing $53.2 million of its $115.4 million in contributions for the year to an unusual level of spending during the year on a series of facilities projects. This is similar to Texas A&M's reporting over years in which it paid for the $485 million redevelopment of its football stadium and other projects across several years, beginning with its 2015 fiscal year."

So system spend on facilities is included which probably means transfers from TMF.

This was news:

" Also for 2023, Texas A&M reported $12 million in direct institutional support in 2023, the first time since 2014 that it has shown any help for athletics. However, the athletics department's chief financial officer, Jeff Toole, said this was a loan by the university from non-taxpayer funds to assist with another facility project and it will be repaid by the athletics department."

That's in addition to the commitment to Jimbo that is paid out annually in out years (TMF covered upfront $19 million, Bjork said.)

More explanation further down:

" Under the NCAA's reporting system, schools must report contributions provided to, and used by, the athletics department in a given reporting year. So, money contributed during fiscal 2023 for Texas A&M's facilities projects that also was spent on the projects in 2023 is supposed to be reported as operating revenue.


"We are in the middle of about $270 million in projects that include a new indoor football practice facility, a renovation of the Bright football operations building, construction of an Academic & Wellness Building, a new Indoor Track facility, and new suites in the South End Zone of Kyle Field," the school's football stadium, Texas A&M athletics CFO Toole wrote in an email. "So you see contributions flowing in for those and then … $53.2 million in capital expenditures.""

https://12thmanfoundation.com/about-us/annual-report/index.html

Excellent read.

Man, the Ohio State program has really prospered under Bjork ...

Nosmo said:

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https://12thmanfoundation.com/about-us/annual-report/index.html

Excellent read.

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This is the IRS GLAM referenced in the 2022-2023 regarding launching and closing down 12thMan+ fund:

https://www.irs.gov/pub/lanoa/am-2023-004-508v.pdf

AggieDub04 said:

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Definitely Not a Troll said:

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I'm actually shocked we are ranked as high as we are without any significant accomplishments in any major sport in recent history.

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This is for 2022. What had Texas done of significance in recent history? Other than include concerts in athletic revenue that is.

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They've won the Director's Cup in 2 of the last 3 years which is given to the Athletic Department with most success across all sports. Football has been their biggest underachiever and it managed to get into the CFP this year.

We'd have more if changed student policy to games....no other program allows more prime seating to students at discount pricing vs. what could be charged.

Not saying anything should be changed, but tu and other SEC schools allot much fewer seats to students and typically usually in the EZones.

Imagine what we could do if we actually won something.

Austin is the biggest US city without a major professional sports team in the metro area.
Columbus Ohio is the 2nd biggest.
El Paso is 3rd and significantly smaller.
Louisville is 4th.

Being located close to large relatively wealthy populations and not having to compete with professional sports is extremely profitable.

These #s are never good for comparability.

I believe the higher numbers for A&M. I read I think 2 years ago that A&M was # 1 in overall revenue and the effiminate sips were #2.

There's no uniform, accepted methodology for reporting this stuff. Not worth much.

$30 million/year of that for Sips comes from Longhorn Network. That is going away.

Aggie1188 said:

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$30 million/year of that for Sips comes from Longhorn Network. That is going away.

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They get $15 million per year from the Longhorn Network for their 3rd Tier Rights. They will lose that and the SEC Network will get the 3rd Tier Rights like everyone else in the SEC. However, they will now get an SEC media rights payment which is much greater than the Big 12 media rights for Tier 1 and Tier 2. Their media rights payments will go up when they join the SEC even when they lose the Longhorn Network royalties.

What it shows how few colleges can actually play in the NIL era, and how little these universities make.

The exaggerations from ESPN that this is a billion dollar business is faulty math.

The average NFL team brings in just under 600 million and nets 70 million.

I suspect the best college teams bring in 100 million would be lucky to net 20 million, and many teams lose money.

True for big cities without NFL teams, but Pittsburgh, Nashville, Seattle the schools in those markets get crushed.

agnerd said:

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Austin is the biggest US city without a major professional sports team in the metro area.
Columbus Ohio is the 2nd biggest.
El Paso is 3rd and significantly smaller.
Louisville is 4th.

Being located close to large relatively wealthy populations and not having to compete with professional sports is extremely profitable.

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They have a NHL hockey team.

A recent list published by USA Today had Texas A&M at #1 for athletic department revenue generated. It looks like the difference is that USA Today included booster organization contributions in revenue whereas Business Insider did not.