friar82
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Post by friar82 on Jan 31, 2016 9:56:08 GMT -5
Interesting to see the Revenue, Expenses and Profit/Loss of programs. money.cnn.com/2010/03/18/news/companies/basketball_profits/Marquette is near the top of the heap, where it comes to Expenses. Duke appears to be at the top, expense wise - and has a bottom line loss ... although the Duke brand gets an intangible dividend
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Post by Free Weyinmi on Jan 31, 2016 10:26:34 GMT -5
Good stuff. Xavier is a cash cow...
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Post by Free Weyinmi on Jan 31, 2016 10:31:31 GMT -5
Hard to believe that Northwestern pulls down over $9M.
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Post by greyfriar on Jan 31, 2016 10:48:23 GMT -5
It is interesting, but as the article points out the schools are given wide latitude in how they do their accounting. I would like to see a breakdown of income to see why teams in the same conference have such a wide disparity. Louisville and UNC show huge income and profit while Duke and other ACC schools show much lower numbers. Somehow I don't think ticket sales are the primary reason.
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friar82
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Post by friar82 on Jan 31, 2016 11:08:02 GMT -5
Agreed. I would suspect that the revenues are tied to ticket sales, and Cameron Indoor Stadium's capacity is relatively low, with a high % of tickets going to students who tend to have fixed budgets (I would bet that they don't gouge the students)
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Post by dmac80 on Jan 31, 2016 20:41:52 GMT -5
Interesting article. Thanks for sharing,
Don't forget Duke seats like 9500 whereas UNC and Lousiville are closer to 20k. That kind of gate difference goes a long way. And as national of brand Duke is their alumni base isn't what UNC is. Don't doubt the accountants are playing around though. BC is showing a wash down to the dollar. I guess those 3 and 4K attendance's aren't profitable even in ACC with their tv and football money.
Little brother Rhody and Umass bring in a fraction of what we do, and show no profit. Even mighty UCONN for all their bragging isn't the money machine you'd expect (compared to rivals) with their alumni base and success.
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Post by dmac80 on Jan 31, 2016 20:46:29 GMT -5
Yet Creighton averages high teens for home games, I believe they're perennially in the top 5 or 10 for attendance yet they bring in 4.8 million. Weird.
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Post by dex on Jan 31, 2016 20:51:23 GMT -5
Love my Brother '82
Hate this annual garbage piece
The numbers are as phony as a 3 dollar bill and the presidents and AD's are as crooked as a dog's hind leg ...in most cases
ps KC needs to improve FT shooting at crunch time so we can let him handle the ball if Ben and Kris covered
pps special shoutout to 19 year old Rodney who has done a pretty good job of inbounding the ball, accordingly we won't run him out of town, I hope
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Post by friar71 on Feb 1, 2016 9:27:40 GMT -5
Hard to believe that Northwestern pulls down over $9M. Probably the Gus Cote influence, but your question bothered me. Northwestern only gets 7,000-8,000 per game. But this data is from 2009 since the article is March 2010. I saw an article where a writer was complaining that Northwestern basketball made a lot of money but didn't invest enough back into the program. The article was indicating Carmody was being replaced by Collins who would find a much poorer situation than he saw at Duke. Revenue comes from the normal streams such as ticket sales, donors and merchandise sales. But is also includes conference revenue. Someone speculated that Wisconsin's share of Big Ten revenue is a large addition to their revenue. Another interesting piece of expenses is the arena. A school like PC must pay rent which is included in their expenses. But a school with an on campus arena may not be reflecting the appropriate equivalent of rent in expenses directed back to the team unless the arena is sub-let to a management corporation.
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