Texas A&M tops in revenue at almost $200 mil

[Tornado man]

I guess "little brother" is now the big dog...

The top six in athletic dept revenue:

1 Texas A&M SEC $194,388,450

2 Texas Big 12 $187,981,158

3 Ohio State Big Ten $170,789,765

4 Alabama SEC $164,009,745

5 Michigan Big Ten $163,850,616

6 Oklahoma Big 12 $150,373,216


20 Iowa Big Ten $113,249,020


48 Iowa State Big 12 $78,355,500


http://sports.usatoday.com/ncaa/finances/

 

[Mr Janny]

It's crazy to see how revenues have escalated. It hasn't been that long ago (10ish years) that ISU's revenues we're more in the $30 million range.

 

[CycloneErik]

When Texas was at $100 million, they built that bunch of statues outside the DKR. One of their reasons was that they had money to spend, if I remember right.

This is just beyond reality now.

 

[BillBrasky4Cy]

JFC the money is out of control.

 

[1100011CS]

Meanwhile, tuition keeps going up and education spending down.

 

[JRE1975]

I am shocked at how much the non-power 5 schools are spending when they have to get so much money from the general budget of the school.

 

[Tornado man]

Seems to me that ISU doesn't want for much: market-value coaches' salaries, functional and competitive facilities for most sports...what do these schools at $100 mil and above do with all that money?

 

[Mr Janny]

Seems to me that ISU doesn't want for much: market-value coaches' salaries, functional and competitive facilities for most sports...what do these schools at $100 mil and above do with all that money?

http://www.soonersports.com/ViewArticle.dbml?ATCLID=211463590

 

[cycloneworld]

But there is no money to pay players...

 

[Clonehomer]

Seems to me that ISU doesn't want for much: market-value coaches' salaries, functional and competitive facilities for most sports...what do these schools at $100 mil and above do with all that money?

Have you not followed the Louisville saga? Hookers and blow.

 

[Mr Janny]

Seems to me that ISU doesn't want for much: market-value coaches' salaries, functional and competitive facilities for most sports...what do these schools at $100 mil and above do with all that money?

A lot of it goes to general opulence, but money paid to assistant coaches is another big difference. For example, ISU pays our assistant football coaches a total of about $3 million per year. At Alabama, they pay them about $18 million. That's a pretty big gap, and starts to explain where that extra money goes.

 

[CYphyllis]

AD accounting practices have always been open for interpretation. I wonder how far out of bounds aTm is willing to go to with their books to make sure that their numbers come in higher than Texas.

 

[Gorm]

Meh, if I remember right, the A&M number is inflated because of the large donation for stadium renovations.

 

[Stewo]

Meanwhile, tuition keeps going up and education spending down.

"It's just not in the budget".

 

[Tornado man]

AD accounting practices have always been open for interpretation. I wonder how far out of bounds aTm is willing to go to with their books to make sure that their numbers come in higher than Texas.

Or how far out of bounds Texas is willing to go also?

 

[JP4CY]

Better be banking as much as possible because it'll burst.

 

[CyCloned]

But there is no money to pay players...

There is plenty of money for Texas, T$M, etc to pay players. Not so much for KSU, Toledo, ISU, Bowling Green, etc. Don't forget, this money also has to cover all the non-revenue sports, and of course, if you are paying FB players, you have to pay them. It is just a bad idea.

 

[CYphyllis]

There is plenty of money for Texas, T$M, etc to pay players. Not so much for KSU, Toledo, ISU, Bowling Green, etc. Don't forget, this money also has to cover all the non-revenue sports, and of course, if you are paying FB players, you have to pay them. It is just a bad idea.

How could they ever possibly find a fair wage pool in that dainty pile of $78 million.

 

[Mr Janny]

There is plenty of money for Texas, T$M, etc to pay players. Not so much for KSU, Toledo, ISU, Bowling Green, etc. Don't forget, this money also has to cover all the non-revenue sports, and of course, if you are paying FB players, you have to pay them. It is just a bad idea.

This will be an unpopular opinion, but I wouldn't shed a tear if they dropped all non-revenue sports.

 

[CyCloned]

How could they ever possibly find a fair wage pool in that dainty pile of $78 million.

And how much of that is left at the end of the year? I think ISU's budget is in the black at this point in time, but it ran in the red for a lot of years. Then what is fair? Should the athletes all make $25K a year? What about walkons? Don't they deserve to be paid more than guys that already get scholarships? What happens when Alabama decides to pay players $65K? What happens to recruiting for non-power 5 schools, or power 5 schools without a lot of money? You can't hire athletes if you don't have money...

Just a whole giant can of bad that can happen if schools start paying athletes, and none of it would be good for the future of ISU sports.