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re: 2012 revenues per USA Today
Posted on 5/8/13 at 12:54 am to DWag215
Posted on 5/8/13 at 12:54 am to DWag215
quote:
Ags gave $14MM more than Texas.
In fact, horns gave $25mm After they won the MNC. That's half what the Ags gave in 2012 following a 7-6 season.
I think you are misconstruing the numbers. Remember, these numbers are for 2012 and before.
One, A&M is in the midst of a fundraising campaign for the Kyle Field renovations, and has previously undertaken fundraising drives for other facilities (the baseball field), and all of that comes through the 12th Man Foundation.
The University of Texas hasn't had a major facilities fundraiser in awhile -- that was done in the mid-to-late 90's.
This link at aggiesports.com from Nov. 2012 pegs the annual contributions to the 12th Man Foundation tied to seat location and whatnot at $23 million.
Also included in that article is this:
quote:
A&M's annual fundraising revenue ranks in the middle of the pack compared with the rest of the Southeastern Conference. The Aggies are seventh in the conference, raising just more than $23 million in 2010-2011 -- trailing Florida, LSU, Auburn, Alabama, Georgia and Tennessee.
This link (also from Nov. 2012) advertising for a senior director of major gifts for the 12th Man Foundation also pegs "annual giving programs" (as opposed to sporadic fundraising efforts) at $23 million.
The University of Texas' Longhorn Foundation has annual giving totals of $40 million, as shown in the USA Today numbers linked in the OP, and buttressed by these articles that put the annual fundraising at $37 million in 2010 and 2011, which corresponds exactly with the USA Today numbers.
Let's recap:
UT Longhorn Foundation -- $40 million-plus annual donations
Texas A&M 12th Man Foundation -- $20 million-plus annual donations
quote:
I anticipate A&M moving into the 2 slot after new Kyle opens, maybe before as the suites are flying off the shelf.
Maybe, maybe not.
It all depends on if the suites generate as much money as the capital improvements campaign to build them in the first place generate year in and year out.
I lean toward the "doubtful" side.
2
Posted on 5/8/13 at 1:18 am to texashorn
meh, one big reason is that "donations" include those required for tickets. The horn "donations" exploded post DKR expansion. It's just spinning numbers for ticket sales as well as larger donations like Joe Jamail to get his name on the stadium (and probably Taco Bell to get 90% of your jumbotron). But tbf, I believe your debt service is on the other side of the ledger. But a lot of your huge revenue numbers are overstated because of this.
Ours will be as well as the pledges for suites and such will be paid over a number of years (or at least amortized). Sometimes it can be tough to see through all the accounting. I think ours probably include BBP donations for this year. Meanwhile we had reduced "licensing" because the Big 12 withheld tv revenue from us.
Ours will be as well as the pledges for suites and such will be paid over a number of years (or at least amortized). Sometimes it can be tough to see through all the accounting. I think ours probably include BBP donations for this year. Meanwhile we had reduced "licensing" because the Big 12 withheld tv revenue from us.
Posted on 5/8/13 at 10:44 am to texashorn
I'm not misconstruing anything. 
That was a very long-winded response. No one's reading that mess.
You should have just said "they can't do it year and year out."
You guys get like $60MM from tickets. Right now we get like $35MM. But we've already sold 11/12 of our high end Founders Suites for $5-15MM a pop, amortized over 5-10 years. We have shite loads of new premium seating in the form of suites, loge boxes, etc. The entire second deck of the west side will be club.
The gap is going to narrow very quickly. I anticipate TAMU moving into the 2 slot after new Kyle's built and the revenues from the SEC network begin to flow.
That was a very long-winded response. No one's reading that mess.
You should have just said "they can't do it year and year out."
You guys get like $60MM from tickets. Right now we get like $35MM. But we've already sold 11/12 of our high end Founders Suites for $5-15MM a pop, amortized over 5-10 years. We have shite loads of new premium seating in the form of suites, loge boxes, etc. The entire second deck of the west side will be club.
The gap is going to narrow very quickly. I anticipate TAMU moving into the 2 slot after new Kyle's built and the revenues from the SEC network begin to flow.
This post was edited on 5/8/13 at 11:02 am
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