Started By
Message
re: Better basketball job Mizzou or Tennessee?
Posted on 4/17/14 at 9:28 pm to Hawgeye
Posted on 4/17/14 at 9:28 pm to Hawgeye
quote:
I just don't think you will see what happens in football, happen in basketball.
Arenas are just too small around the country. You don't have the 8-12 bowl payouts to schools for conference money each year. There aren't as many timeouts in a game for advertising dollars like football at the arenas. Games are only 1:45-2:00 long, which means you don't make that much money on concessions or goods sold like you do an entire day of tailgating plus game for football.
The amount paid on basketball has already got to be high in relation to revenues.
If I was running an athletic department as a business, I'd maximize my profits in my moneymaker (football) and then move the available money to the next closest profit maker. It may never match the ratios of football, but the ancillary sales (shirts, hats, apparel of all sorts) would skyrocket.
When you really think about it, basketball is just the vehicle with which you promote your brand for an additional four months after football is done. Hell, I'd run it at a deficit if I wasn't required to make a profit and it gave me a shot to have my brand out there an additional four months.
I think that's the real money. Ticket sales and concessions are small peanuts.
Then again, there's a reason I'm not being contacted for AD jobs, I'm just a small businessman.
This post was edited on 4/17/14 at 9:29 pm
2
Posted on 4/17/14 at 9:36 pm to Mizzeaux
Depends on the school, Duke, for example, pays Coach K more than Bama pays Saban or Sumlin is stealing from aTm.
Duke would be nothing without Coach K leading their basketball program for the last 40 years or whatever.
Duke would be nothing without Coach K leading their basketball program for the last 40 years or whatever.
Posted on 4/17/14 at 9:40 pm to Mizzeaux
I'm sure it is at Kentucky, Arkansas, Missouri, Tennessee in our league.
Those arenas have suites and seat at least 15,000 fans.
The average basketball arena for major conferences I bet, is only around 10,500 seats.
So you're talking around 7-8 home games to be able to match normal SEC home football game attendance. Then, your tickets are about 30-50 dollars cheaper.
Right now, all your big time conference donors are pumping money into football, not basketball at these schools.
Take Arkansas for example....as nice as our arena is, we are the very last SEC basketball program that doesn't have a practice facility. Why? Money was put in the football operations center.....and we even started building a baseball indoor facility before even breaking ground on the basketball facility two months ago.
Why is that? Donors.....we have more money than God at our disposal here, but the big donors want it to go with football.
Those arenas have suites and seat at least 15,000 fans.
The average basketball arena for major conferences I bet, is only around 10,500 seats.
So you're talking around 7-8 home games to be able to match normal SEC home football game attendance. Then, your tickets are about 30-50 dollars cheaper.
Right now, all your big time conference donors are pumping money into football, not basketball at these schools.
Take Arkansas for example....as nice as our arena is, we are the very last SEC basketball program that doesn't have a practice facility. Why? Money was put in the football operations center.....and we even started building a baseball indoor facility before even breaking ground on the basketball facility two months ago.
Why is that? Donors.....we have more money than God at our disposal here, but the big donors want it to go with football.
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News