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Auburn reports decreased profits due to paying so many fired coaches
Posted on 1/23/24 at 1:23 pm
Posted on 1/23/24 at 1:23 pm
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quote:
Auburn’s athletics department blasted past its previous record revenue set in the 2021-22 fiscal year by more than $20 million but did so with a significantly decreased profit and higher institutional support payments, according to a copy of Auburn’s 2022-23 revenues and expenses report obtained by AL.com in a public records request.
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Last year, Auburn saw a significant increase in severance payments, cutting into its previous record profit. That is largely because Auburn fired previous head coach Bryan Harsin one month into the 2022-23 fiscal year so payments owed to him were not factored into the previous year’s report.
Auburn owed $19.8 million in severance payments in 2022-23 compared to $8.2 million in the previous cycle.
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Auburn reported $32.3 million in ticket sales for 2023, down from $34.1. million. That decrease came almost entirely from football, which dropped from $30 million to $28.7 million.
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Posted on 1/23/24 at 1:26 pm to Tuscaloosa
Weak attempt. Didn’t cover this complete football season when season tickets were at an all time high. Auburn is doing just fine.
Now, how much did you have to payout to buy DeBoer from Washington?
Now, how much did you have to payout to buy DeBoer from Washington?
Posted on 1/23/24 at 1:26 pm to Tuscaloosa
Auburn already hired and fired its Harsin. Alabama just hired theirs so you have a few years before you get a pervert head coach who doesn’t coach bowl games.
Posted on 1/23/24 at 1:29 pm to Tuscaloosa
quote:Isn't this guy banned because of the RW bet?
Tuscaloosa
Posted on 1/23/24 at 1:32 pm to Tuscaloosa
ChumpMix in 3,2,1……
Posted on 1/23/24 at 1:33 pm to Tuscaloosa
29 Hours away from ….
Bruce is gonna lay the wood to that Baby Back Bitch of a Coach you have.
Bruce is gonna lay the wood to that Baby Back Bitch of a Coach you have.
Posted on 1/23/24 at 1:33 pm to Tuscaloosa
Bamma loses coach, everyone of consequence flees
Posted on 1/23/24 at 1:34 pm to Tuscaloosa
When did the Gus buyout run out?
Posted on 1/23/24 at 1:41 pm to Tuscaloosa
Paid them all off and still made a profit!
Athletic Offices are in the business of making profits anyway. If you are making big profits, you aren't spending enough. And yes, paying off coaches hurts because you could be spending that elsewhere.
Athletic Offices are in the business of making profits anyway. If you are making big profits, you aren't spending enough. And yes, paying off coaches hurts because you could be spending that elsewhere.
This post was edited on 1/23/24 at 1:57 pm
Posted on 1/23/24 at 1:46 pm to Tuscaloosa
lol… guess what Bama is in store for the next 10 plus years
Posted on 1/23/24 at 1:58 pm to Tuscaloosa
Tuscaloosa with news that doesn’t pertain to Bama demise.
Where’s the Bama portal update? List is too long to create ?
Where’s the Bama portal update? List is too long to create ?
Posted on 1/23/24 at 2:01 pm to Tuscaloosa
Don't ever underestimate the power of Auburn's money-printing presses!!
Posted on 1/23/24 at 2:17 pm to Tuscaloosa
And that buyout was the best money we have ever spent as a University.
This post was edited on 1/23/24 at 2:17 pm
Posted on 1/23/24 at 2:34 pm to Tuscaloosa
$20 million in the hole means 20 more years of looking at this.
This post was edited on 1/23/24 at 3:06 pm
Posted on 1/23/24 at 2:39 pm to Tuscaloosa
This is so upsetting. I'm upset.
Posted on 1/23/24 at 2:42 pm to Tuscaloosa
Worth every penny.
Posted on 1/23/24 at 3:10 pm to Tuscaloosa
Do we need to loan you some money to build the new arena or payoff the baseball gambling debts?
This post was edited on 1/23/24 at 3:14 pm
Posted on 1/23/24 at 3:58 pm to Tuscaloosa
Fired Harsin and still made 3.2 mill? That's a win.
Posted on 1/24/24 at 7:38 am to Tuscaloosa
You know, if Auburn is hiring, I'm available for a few million.
Their seasons would turn out about the same, so what's to lose?
Their seasons would turn out about the same, so what's to lose?
Posted on 1/24/24 at 8:54 am to Tuscaloosa
Oh look the poors are chiming in
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