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re: Latest revenue numbers
Posted on 7/2/18 at 5:00 pm to Farmer1906
Posted on 7/2/18 at 5:00 pm to Farmer1906
quote:
You think Aggies are going to just stop giving money to A&M?
Dunno. But Aggie bit off a healthy chunk of debt for athletic facilities improvements, and are relying on random people to open up their checkbooks and provide nearly half the income. Auburn had around 22% and Alabama 18% in donations.
1
Posted on 7/2/18 at 7:06 pm to Rhino5
A&M financed thru bonds and basically PSL’s. Bond revenues won’t dhow after this year, $155M will likely be their $#’s next year.
They have been aggressive on building, spending and garnishing donations & I don’t see it slowing down. Time will tell how it plays out, I would expect it to be deliciously disasterous based on their history.
AD’s are set up as non profits.. losing a few mil or break even isn’t bad and nothing more than some pencil whipping.
I think the bubble is going to burst on the arms race, won’t be catastrophic, but will make enough ruffles to slow things down a bit. One day we’ll find out just how much revenue and profit the NCAA is really churning out & the programs individually as well.
They have been aggressive on building, spending and garnishing donations & I don’t see it slowing down. Time will tell how it plays out, I would expect it to be deliciously disasterous based on their history.
AD’s are set up as non profits.. losing a few mil or break even isn’t bad and nothing more than some pencil whipping.
I think the bubble is going to burst on the arms race, won’t be catastrophic, but will make enough ruffles to slow things down a bit. One day we’ll find out just how much revenue and profit the NCAA is really churning out & the programs individually as well.
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