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re: Latest revenue numbers
Posted on 7/2/18 at 7:06 pm to Rhino5
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.
3
Posted on 7/2/18 at 7:07 pm to OldSchoolHorn
You are dumb as frick per usual.
Posted on 7/2/18 at 8:01 pm to OldSchoolHorn
Longhorns keep trying to figure out our SEC finances and you can’t.
Guess what: Jimbo coming didn’t slow things down. He has a lot of remodeling planned and we have passed the hat around for that. Aggie boosters getting to meet the second national title winning coach they ever met (after Stallings) aren’t closing their wallets when oil prices are so high.
We are here to stay at the top, and when the “bubble bursts” we will have a pile of amazing facilities financed at what then will be crazy interest rates that will create a permanent moat between us and a Texas Tech or a Baylor or a TCU. Or hell even an OU, those poor dirt farmers are fricked when it comes to facilities.
Meanwhile Texas has to keep find a way to fit a future pile of brand new facilities on the small chunk of land available which will means buildings that cost 3x per square foot financed at higher rates than A&M faced when building its facilities. I expect the Longhorns to catch up but never really surpass us even with an extra $30 million of revenue a year because our dollars simply go further.
What you see as a big gamble is the safest bet we ever made.
Guess what: Jimbo coming didn’t slow things down. He has a lot of remodeling planned and we have passed the hat around for that. Aggie boosters getting to meet the second national title winning coach they ever met (after Stallings) aren’t closing their wallets when oil prices are so high.
We are here to stay at the top, and when the “bubble bursts” we will have a pile of amazing facilities financed at what then will be crazy interest rates that will create a permanent moat between us and a Texas Tech or a Baylor or a TCU. Or hell even an OU, those poor dirt farmers are fricked when it comes to facilities.
Meanwhile Texas has to keep find a way to fit a future pile of brand new facilities on the small chunk of land available which will means buildings that cost 3x per square foot financed at higher rates than A&M faced when building its facilities. I expect the Longhorns to catch up but never really surpass us even with an extra $30 million of revenue a year because our dollars simply go further.
What you see as a big gamble is the safest bet we ever made.
This post was edited on 7/2/18 at 8:14 pm
Posted on 7/3/18 at 8:51 am to OldSchoolHorn
I have two words for you longwhorn:
BOWL REVENUE!
Also the Aggie numbers don't include one cent of the concessions which are probably at least several million.
longwhorn numbers even include the receipts from on campus music concerts.
So to sum it up:
YOU ARE NOT IN OUR LEAGUE!
BOWL REVENUE!
Also the Aggie numbers don't include one cent of the concessions which are probably at least several million.
longwhorn numbers even include the receipts from on campus music concerts.
So to sum it up:
YOU ARE NOT IN OUR LEAGUE!
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