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Miami Hurricanes $ with Mark Richt

IamaCane4Life

IamaCane4Life

Redshirt Freshman
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Sep 16, 2015
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Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
 
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IamaCane4Life said:
Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
Click to expand...
STFU...
 
For now, you are correct. Money flows fast. We won't get jack for a bowl this year at 6-6 (if we can even win another game). Season tickets will plummet as will booster donations. It won't take long for the Board to sour on Richt if the money stops flowing.
 
IamaCane4Life said:
Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
Click to expand...

Season tickets might go down soon? That is an absolute guarantee and it won't be insignificant. You lose 10,000 season ticket holders at $750 at pop and that is $7,500,000 alone. You think booster donations aren't dropping signficantly? I'd guess the economic impact to the athletic department is well over $10,000,000 next year.
 
So UM earned $27MM for the bowl game and THREE million total otherwise? Nah.
 
IamaCane4Life said:
Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
Click to expand...

You are forgetting the big Adidas contract... you keep ******** up... that will be done too..
 
You’re numbers are off.

Also.. the financial benefits of Richts first couple years will dissolve.
 
NateDogg said:
So UM earned $27MM for the bowl game and THREE million total otherwise? Nah.
Click to expand...
Exactly, that doesn't sound remotely correct considering they didn't play in the final four. Also, there are limits to what UM is willing to accept. When their brand becomes synonymous with mediocrity they will act accordingly. Is he going anywhere next year? No! After year four all bets are off.
 
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we received 95M from Addias & to really compete we need ACC network to become a reality.
SEC and Big 10 get bongo bucks from this network.
 
IamaCane4Life said:
Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
Click to expand...
MIGHT go down? Dude, it's going to look like a graveyard at Hard Rock for a while. No one is excited about the product being put on the field.
 
Silver King said:
Yeah, we're a few games beyond "we can win out" That ship sailed after FSU.
Click to expand...

Man - I don't even know if this group can win any of the remaining games, at this point. Gonna have to be a win from the D side, of the ball. The offense is checked out and has a faint pulse. If you're a betting man, I'd say they lose out.
 
IamaCane4Life said:
Last week I discussed why Mark Richt is NOT going anywhere, recap; white, God fearing, mamas love him, low risk, and has a love fest with donors and community

Here are a couple of other reasons;

The U make the majority of their revenue from academics and research so football is actually not a significant means of income for the University, but under Mark Richt The U has done the following

Increased season ticket sales ( might go down soon)
Booster donations up 200%
Built an indoor facility and donated
Miami earned 27 million for their bowl game in 2017!( Shannon and Golden never got close)


But keep this in mind Texas made in total revenue over $110,000,000 dollars in football revenue alone
FSU? 56.9 million
Miami? 30 million (grown significantly under Richt) and after The U pays for all the sporting teams that lose money 5.31 million!

Folks we are a small insignificant brand compared with the top end teams! At the end of the day Mark is $$$$!
Click to expand...
It helps when the university owns an on campus 100,000 seat stadium (Texas)

Not an apples to apples comparison
 
Cane6 said:
It helps when the university owns an on campus 100,000 seat stadium (Texas)

Not an apples to apples comparison
Click to expand...
Owning a stadium has its own set of issues, like upkeep costs, and besides that, even if Miami owned Hard Rock, and moved it on campus, it wouldnt magically make people fill it and make Miami more profitable.
 
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Dude said:
Owning a stadium has its own set of issues, like upkeep costs, and besides that, even if Miami owned Hard Rock, and moved it on campus, it wouldnt magically make people fill it and make Miami more profitable.
Click to expand...
I’m too tired to spell it out for you,

Sure, okay, it’s more profitable to lease a stadium 45mins from campus
 
Cane6 said:
I’m too tired to spell it out for you,

Sure, okay, it’s more profitable to lease a stadium 45mins from campus
Click to expand...
I dont want to get into a back and forth either, just saying if there are any new sets of problems, Im sure Miami would figure out a way to make it much worse than it needs to be.
 
OP fails at understanding how the ACC distributes it's members' bowl proceeds.

A quick look at how the ACC (and most conferences) split bowl monies vs the SEC will quickly tell a story that most haven't talked about.
 
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