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Revenue
Posted on 1/23/18 at 10:15 pm
Posted on 1/23/18 at 10:15 pm
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I've wondered about this for a while...so revenue up 50% from BIG12 days, yet we operating at a loss? 2017 revenue at $97MM, isn't that nearly double where the athletic department was in 2011, and now we at a loss? I'm not close to any of this, just reading the news, and
I know there have been investments in infrastructure, Cuonzo, etc., along with the strike, but I find this alarming...should it be? Revenue increases $50MM in 7 years and we in a deficit?
I've wondered about this for a while...so revenue up 50% from BIG12 days, yet we operating at a loss? 2017 revenue at $97MM, isn't that nearly double where the athletic department was in 2011, and now we at a loss? I'm not close to any of this, just reading the news, and
I know there have been investments in infrastructure, Cuonzo, etc., along with the strike, but I find this alarming...should it be? Revenue increases $50MM in 7 years and we in a deficit?
2
Posted on 1/23/18 at 10:32 pm to MIZ58
Coaches pay and lack of attendance in football and men’s basketball.
Posted on 1/23/18 at 10:52 pm to Bluegrassboy
Yea $3 million drop in ticket revenue between football and basketball.
There’s a big increase in hoops spending to get Cuonzo.
Hoops will operate at a profit this year, is my bet. Ticket will almost double.
There’s a big increase in hoops spending to get Cuonzo.
Hoops will operate at a profit this year, is my bet. Ticket will almost double.
Posted on 1/24/18 at 6:12 am to MIZ58
Ya gotta spend money to make money
Posted on 1/24/18 at 8:43 am to Wtodd
Maybe we are going full Tennessee. Hopefully with better results.
But really that revenue to debt miss was peanuts. Nothing to be concerned about.
But really that revenue to debt miss was peanuts. Nothing to be concerned about.
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