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Alabama reports $143.4 million in athletic revenue, up 16% from a year earlier
Posted on 10/22/13 at 9:43 pm
Posted on 10/22/13 at 9:43 pm
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quote:
The University of Alabama reported $143.4 million in athletic revenue during 2012-13, up 16 percent from a year earlier. It's Alabama largest revenue increase in three years.
In its annual Equity in Athletics Data Analysis report filed this month to the U.S. Department of Education, Alabama listed a surplus of $21.1 million when not factoring in $13.1 million from debt-service payments. EADA does not require debt service to be reported.
quote:
Alabama's revenue has increased by 43 percent since 2009, when it won the first of three football national championships under Nick Saban. Revenue is up 112 percent since 2006, Alabama's last year with Mike Shula as coach. Alabama has since expanded its football stadium and reaped the benefits of new SEC television deals.
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Posted on 10/22/13 at 9:50 pm to RTR America
had a guy on another site, still whining about shulas firing. after all this time and success. go figure. he needs to see this 
Posted on 10/22/13 at 10:04 pm to crimsontater
How does one have an argument like that?
Posted on 10/22/13 at 10:26 pm to RTR America
must be from all that undisclosed money the frats are kicking in. 
Posted on 10/22/13 at 11:05 pm to SECSolomonGrundy
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must be from all that undisclosed money the frats are kicking in.
Posted on 10/22/13 at 11:34 pm to RTR America
I don't want to tard up another thread but one of our brethren dropped this doozy which lead me to drop my original remark.
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-Every member of each Greek organization's dues each semester goes towards the privilege. The undisclosed amount brings in extraordinarily high revenues for the University's athletic department, that otherwise, would not be generated.
Posted on 10/22/13 at 11:42 pm to RTR America
So if I am reading this right, out of 143.4 million the University only had a positive of 21.1 million. Where the heck does the rest of the 122.3 million go. I know our athletic budget is big but God that is ridiculous that 122 million is spent in one year. I would be interested in knowing how they spent it. Also what exactly is debt-service payments?
It also would be interesting to know how far this ranks from Texas considering the amount of money that program takes in. I think this would obviously be 2nd on the list.
It also would be interesting to know how far this ranks from Texas considering the amount of money that program takes in. I think this would obviously be 2nd on the list.
This post was edited on 10/22/13 at 11:48 pm
Posted on 10/22/13 at 11:55 pm to oneusairman
I would think paying off debt would include paying for stadium expansions and general upgrading of facilities.
Posted on 10/22/13 at 11:56 pm to oneusairman
quote:
So if I am reading this right, out of 143.4 million the University only had a positive of 21.1 million. Where the heck does the rest of the 122.3 million go. I know our athletic budget is big but God that is ridiculous that 122 million is spent in one year. I would be interested in knowing how they spent it. Also what exactly is debt-service payments?
Here is some of it from the article
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n 2012-13, Alabama listed spending $18.5 million on coaches' salaries and $11.1 million on athletically related student aid
I am assuming a lot of money went to upgrading the football facility and aren't we basically rebuilding the baseball field?
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It also would be interesting to know how far this ranks from Texas considering the amount of money that program takes in. I think this would obviously be 2nd on the list.
I remember a couple years ago they were around $160 million
Posted on 10/23/13 at 12:03 am to RTR America
Thanks read the article after posting.
It looks like texas will still be 1st in revenue followed by Ohio St who would likely just barely beat us as they did about 141 million last year.
I would have thought the stadium upgrade was already paid for. I am hoping we get another upgrade and enclose those separated sections.
BTW how would you be able to do that?
It looks like texas will still be 1st in revenue followed by Ohio St who would likely just barely beat us as they did about 141 million last year.
I would have thought the stadium upgrade was already paid for. I am hoping we get another upgrade and enclose those separated sections.
BTW how would you be able to do that?
This post was edited on 10/23/13 at 12:05 am
Posted on 10/23/13 at 12:14 am to oneusairman
The next major improvement I would like to see would be putting an overhang over the end zone upper decks shielding people from the sun for a bit.
Posted on 10/23/13 at 12:18 am to SECSolomonGrundy
quote:
Every member of each Greek organization's dues each semester goes towards the privilege. The undisclosed amount brings in extraordinarily high revenues for the University's athletic department, that otherwise, would not be generated.
that's ridiculous and not true
Posted on 10/23/13 at 12:27 am to Patton
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that's ridiculous and not true
The guy who posted that came into a thread where we were having a civil discussion about attendence and he proceeded to lay one of the largest turds of a post I have ever seen. Now I don't want to touch that thread with a 10 foot pole.
Posted on 10/23/13 at 2:55 am to CapstoneGrad06
Maybe he was “ friends ” with Mrs. Shula.
Posted on 10/23/13 at 3:00 am to RTR America
What thread?
Posted on 10/23/13 at 3:29 am to Patton
Posted on 10/23/13 at 8:16 am to oneusairman
quote:
So if I am reading this right, out of 143.4 million the University only had a positive of 21.1 million. Where the heck does the rest of the 122.3 million go. I know our athletic budget is big but God that is ridiculous that 122 million is spent in one year. I would be interested in knowing how they spent it. Also what exactly is debt-service payments?
Debt servicing is bond payments for various expansions and capital improvements. As far as only having 21 million left for profit, dont think much of it, P&L statements should be read diffrently
Posted on 10/23/13 at 8:53 am to NYCAuburn
So, according to that, we could match Texas dollar for dollar to keep Saban. 
Posted on 10/23/13 at 9:32 am to TideSaint
I'm not the least bit bothered by the surplus. That's the reason you make money, to spend it on making Bama the best in the nation. Recent projects have included stadium expansion... renovating the Rhoads Stadium (softball), Gymnastics's practice gym (back to back champions), basically building a new baseball stadium, the new state-of-the-art weight rooms next to the Mal Moore Center, Media hub in Bryant Denny which is tricked out with all the cool video toys and the Sarah Patterson Champions Plaza..... we've had a lot to spend on and we're going to be better because of it.
This post was edited on 10/23/13 at 9:33 am
Posted on 10/23/13 at 9:50 am to oneusairman
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I would have thought the stadium upgrade was already paid for. I am hoping we get another upgrade and enclose those separated sections.
The only thing I see happening is overhauls to the concourses.
B
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TW how would you be able to do that?
It wasn't structurally possible with the setup. And it certainly can't be done now.
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