Dapper: well done.
To translate those tables for the folks, Miami athletics made 5million in profit in one year from men's sports. But it LOST 7 million dollars on women's sports. In other words, you can thank title nine and a bunch of ***** soccer players for not buying out Folden.
Dapper: well done.
To translate those tables for the folks, Miami athletics made 5million in profit in one year from men's sports. But it LOST 7 million dollars on women's sports. In other words, you can thank title nine and a bunch of ***** soccer players for not buying out Folden.
Dapper: well done.
To translate those tables for the folks, Miami athletics made 5million in profit in one year from men's sports. But it LOST 7 million dollars on women's sports. In other words, you can thank title nine and a bunch of ***** soccer players for not buying out Folden.
So what's in those numbers exactly?
Are they counting the tuition dollars (and other costs)?
This is CFB, the input costs (and what they invest in) are not equal.
Dapper: well done.
To translate those tables for the folks, Miami athletics made 5million in profit in one year from men's sports. But it LOST 7 million dollars on women's sports. In other words, you can thank title nine and a bunch of ***** soccer players for not buying out Folden.
So what's in those numbers exactly?
Are they counting the tuition dollars (and other costs)?
This is CFB, the input costs (and what they invest in) are not equal.
It's a simple balance sheet.
Tuition etc is included in "expenses" and "operating expenses".
When you are a 50k a year school that has a bunch of women "athletes" on scharship, those expenses add up. Football itself generates a surplus each year, enough to pay a Saban level salary on top of an Al Golden and Jim L salary.
But those profits immediately get whiped out by the -7mil drain women's sports have.
Dapper: well done.
To translate those tables for the folks, Miami athletics made 5million in profit in one year from men's sports. But it LOST 7 million dollars on women's sports. In other words, you can thank title nine and a bunch of ***** soccer players for not buying out Folden.
So what's in those numbers exactly?
Are they counting the tuition dollars (and other costs)?
This is CFB, the input costs (and what they invest in) are not equal.
It's a simple balance sheet.
Tuition etc is included in "expenses" and "operating expenses".
When you are a 50k a year school that has a bunch of women "athletes" on scharship, those expenses add up. Football itself generates a surplus each year, enough to pay a Saban level salary on top of an Al Golden and Jim L salary.
But those profits immediately get whiped out by the -7mil drain women's sports have.
I'm not trying to argue your Title IX viewpoint here sir.
What I'm pointing out to you is that the expense here, where the credit hour is almost 2x what it is at a place like FSU or other power schools, tilts the equation in favor of the "Miami is spending crowd".
That is not the case.
You'd have to see the breakdown to see how much of that expense is "funny money" - like the expense of tuition for the school, and how much is actually allocated resources for the football program (coaching salaries, training table, transportation, facilities/improvements, etc.)
Like I said in the Wez, that number seems awfully inflated. The devil is in the detail and its not being provided here.
2013 | Boston College | $19,920,330 |
2013 | Clemson University | $24,748,157 |
2013 | Duke University | $20,579,547 |
2013 | Florida State University | $32,856,508 |
2013 | Georgia Institute of Technology-Main Campus | $18,992,117 |
2013 | Syracuse University | $23,622,247 |
2013 | University of Maryland-College Park | $15,398,021 |
2013 | University of Miami | $27,922,382 |
2013 | University of North Carolina at Chapel Hill | $17,982,090 |
2013 | University of Notre Dame | $32,761,396 |
2013 | University of Pittsburgh-Pittsburgh Campus | $20,196,473 |
2013 | University of Virginia-Main Campus | $20,193,977 |
2013 | Virginia Polytechnic Institute and State University | $22,394,865 |
2013 | Wake Forest University | $18,690,208 |
Total Expenses by Team | |||
Varsity Teams | Men's Teams | Women's Teams | Total |
Basketball | $5,753,784 | $3,723,358 | $9,477,142 |
Football | $27,922,382 | $27,922,382 | |
Total Expenses of all Sports, Except Football and Basketball, Combined | $5,454,363 | $9,039,401 | $14,493,764 |
Total Expenses Men's and Women's Teams | $39,130,529 | $12,762,759 | $51,893,288 |
Not Allocated by Gender/Sport | $19,892,690 | ||
Grand Total Expenses | $71,785,978 | ||
CAVEAT Why does the university insist on keeping athletic programs that are a drain on the athletic budget? If they're not making money get rid of as many as possible while still trying to comply with ****** Title IX laws. |
Why is woman's sports costing the school 9 million dollars to run. Thats an outrageously high number for programs that probably don't generate any money
Total Expenses by Team Varsity Teams Men's Teams Women's Teams Total Basketball $5,753,784 $3,723,358 $9,477,142 Football $27,922,382 $27,922,382 Total Expenses of all Sports, Except Football and Basketball, Combined $5,454,363 $9,039,401 $14,493,764 Total Expenses Men's and Women's Teams $39,130,529 $12,762,759 $51,893,288 Not Allocated by Gender/Sport $19,892,690 Grand Total Expenses $71,785,978 CAVEAT
Why does the university insist on keeping athletic programs that are a drain on the athletic budget? If they're not making money get rid of as many as possible while still trying to comply with ****** Title IX laws.
None of you find it the least bit suspicious that the grand total expenses just happens to equal the grand total revenues to the dollar? This smells like a lot of accounting bull**** meant to give the impression that the athletic department makes zero profit.