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re: AL athletics reports 33 million surplus in 2013/14
Posted on 2/16/15 at 5:44 pm to mbogo
Posted on 2/16/15 at 5:44 pm to mbogo
I know that at one time Auburn was like top 10 in money generating athletics at (750k) or so. There are only a few programs that even break even or make a little money. It is impressive that Alabama is generating that kind of income from it.
Does this factor in construction costs of renovations though? I think I read that Auburn factored in the new Arena to part of theirs and it took a dump to about negative 15 million or something.
Does this factor in construction costs of renovations though? I think I read that Auburn factored in the new Arena to part of theirs and it took a dump to about negative 15 million or something.
2
Posted on 2/16/15 at 5:46 pm to lsusteve1
quote:
LSU doesn't take subsidies from the state
We self-sufficient
We're required to by the state.
Posted on 2/16/15 at 6:00 pm to Warfarer
quote:
Does this factor in construction costs of renovations though? I think I read that Auburn factored in the new Arena to part of theirs and it took a dump to about negative 15 million or something.
Schools don't have to report debt or debt service. UF does, as do others. Historically Alabama does not report. If that is included it will drop from $33 million to somewhere around $16-17 million. Still a large surplus however.
This post was edited on 2/16/15 at 6:08 pm
Posted on 2/16/15 at 6:31 pm to mbogo
They should use that surplus money to buy out Kiffin and Smart and get two coordinators who knows what the hell they're doing.
Posted on 2/16/15 at 6:39 pm to Bench McElroy
quote:
They should use that surplus money to buy out Kiffin and Smart and get two coordinators who knows what the hell they're doing.
You suck
Posted on 2/16/15 at 6:43 pm to lsusteve1
quote:
LSU doesn't take subsidies from the state We self-sufficient
LSU is one a select few universities in the country where the AD is separate from the university. There may be more now, but at one point I think the number was around 5-7 schools that were run that way.
Posted on 2/16/15 at 7:03 pm to HempHead
I like Bench McElroy was gone for some time and now suddenly back with the same schtick. Who's alter is it?
Posted on 2/16/15 at 7:06 pm to Warfarer
quote:
I know that at one time Auburn was like top 10 in money generating athletics at (750k) or so. There are only a few programs that even break even or make a little money. It is impressive that Alabama is generating that kind of income from it.
Does this factor in construction costs of renovations though? I think I read that Auburn factored in the new Arena to part of theirs and it took a dump to about negative 15 million or something.
Alabama has recent additions to BDS, facilities for non-revenue sports, and Sewell-Thomas Stadium is undergoing a $42 million dollar facelift, that are all on the books. Bill Battle mentioned theses in his recent "Battle Plan".
Posted on 2/16/15 at 8:47 pm to mbogo
It's good to see SEC schools getting portions of athletic profits. I don't feel guilty about spending so much on tickets when I know some of that money is going to UK's educational programs.
Posted on 2/16/15 at 8:53 pm to mbogo
$30million of that money is from the liquidation of the UABirmingham football facilities.
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