From the USA Today:
http://sports.usatoday.com/ncaa/finances/
Looks like our subsidy % has gone up to 65%.
2015 Revenues/Expenses
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hapapp
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appst89
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Re: 2015 Revenues/Expenses
That is unsustainable.
The whole market structure is unsustainable. A crash is inevitable.
The whole market structure is unsustainable. A crash is inevitable.
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Appftw
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Re: 2015 Revenues/Expenses
I think the numbers will be much better this year. The bandwagon got pretty light there after 2013. With Gillin aggressively pursuing more season tickets holders and the Miami game, I think we can at least get back to where we were. Interestingly, ODU (remember they're destined for P5 status just because) is at 64% subsidy.
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hapapp
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Re: 2015 Revenues/Expenses
School %Subsidy Contributions Ticket Saleshapapp wrote:From the USA Today:
http://sports.usatoday.com/ncaa/finances/
Looks like our subsidy % has gone up to 65%.
Tx State 69.73% $3.39m $897,000
App 65.5% $3.79m $1.6m
StAte 48.06% $6.2m $1.3m
GaSt 76.85% $739,000 $840,000
USA 70.73% $839,000 $1m
Troy 75.45% $2.26m $610,000
CCU 83.14% $1.16m $624,000
ULL 35.24% $6.13m $2.99m
GS 65.28% $1.26m $1.06m
ULM 33.15% $1.58m $632,000
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Saint3333
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Re: 2015 Revenues/Expenses
Other expenses jumped 9M in one year, what is that?
The CPA in me hates this data. There are no reporting standards year over year, which less state to state or program to program.
The only take away for me is more than 50% of sub. from student fees is too much by any metric.
The CPA in me hates this data. There are no reporting standards year over year, which less state to state or program to program.
The only take away for me is more than 50% of sub. from student fees is too much by any metric.
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Yosef10
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Re: 2015 Revenues/Expenses
appst89 wrote:That is unsustainable.
The whole market structure is unsustainable. A crash is inevitable.
I can agree with that. The NCAA has said since the SIXTIES that "unprecedented rising expenses is unsustainable" yet 50 years later we're still here.
I also agree with Saint. It drives me crazy the lack of uniformity in reporting finances for the NCAAs member schools. They can unbelievably fudge numbers to show lack of profit but the one definite number in these reports is the subsidy percentage and we are way too high in that regard. Will be interested to see the 15-16 numbers.