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Post by yankeefriar on Feb 7, 2018 12:18:10 GMT -5
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Post by thumper on Feb 7, 2018 12:30:27 GMT -5
Hence the category "non-profit. You have to get there with some fancy re-allocations. Done everyday by instutions across the country.
We'll see if the new tax bill changes the landscape. Charitable write -offs, including deducting season-ticket license fees, have gone the way of the dinosaurs for those who itemized.
PIZZA, SODA, GRINDERS!!!
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Post by dmac80 on Feb 7, 2018 12:45:24 GMT -5
If they're flying the non revenue producing sports to Omaha and elsewhere for games, than no they aren't. Athletics cost a fortune, and thankfully the revenue producing sports assist with all the others to cover some costs. The arms race has gotten out of hand of course, and we're as caught up as anyone else (40M training center, all the state of the art training equip, chartered flights, etc)....It is what it is. Interestingly the much smaller schools with lower profile athletics seem most likely to make a meager profit, though I'm unsure where their income is coming from aside from maybe large donors, not sure if that is counted or not. Also reading the article specific to SU, which shows a ridiculous 20M profit (anyone believe that?) the article states they play with the numbers for tax reasons so this is likely accounting mumbo jumbo to make the numbers say what they need them to say. |
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Post by colonel on Feb 8, 2018 10:09:02 GMT -5
Big East teams 2016/17 Revenue
Georgetown 44,652,901
Villanova 42,400,846
St John's 34,610,502
Marquette 34,563,086
Providence 32,982,408
Butler 28,971,821
DePaul 25,597,183
Creighton 23,664,229
Seton Hall 22,619,498
Xavier 21,475,964
Wonder how much per team is from our TV deal + our shared NCAA tournament monies?
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Post by FriarNut on Feb 8, 2018 12:14:16 GMT -5
How is Xavier last? Figured they would be top 3. Big arena and always packed.
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