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re: A Good Read on the Impending Death of Mid-Major College Football
Posted on 11/16/15 at 9:54 am to BowlJackson
Posted on 11/16/15 at 9:54 am to BowlJackson
I'm not sure how that's relevant to the op.
Posted on 11/16/15 at 9:55 am to ThoseGuys
quote:
Its a damn shame that LSU is only able to run its program right
Huh? Last I checked UGA athletics had a 60+ million reserve fund and Bama was leading the SEC in net revenue. Have no idea about the state subsidy issue.
It could be funds that were maybe allocated quite so e time ago or allocated to the university for some other purpose.
If I had to guess I would assume A&M,Arkansas and UF all have their finances in good working order.
This post was edited on 11/16/15 at 10:13 am
Posted on 11/16/15 at 9:56 am to Zchlsu
quote:
I'm not sure how that's relevant to the op.
quote:
UAB was just the beginning.
Posted on 11/16/15 at 9:56 am to RD Dawg
quote:
It could be funds that were maybe allocated quite so e time ago or allocated to the university for some other purpose
Yea, and if I remember correctly Alabama sent something like $5-6M in funds back to the University, so it really ends up being a wash in the end.
Posted on 11/16/15 at 9:57 am to anc
quote:
Which is making the best of their resources?
That is a really good turn out for MHB. For some schools making the move actually does make sense. Appy State and Georgia Southern have had solid fan support for a long enough period of time it was worth rolling the dice for them. So far it seems to be working out for both schools, though I doubt either is going to be sneaking into the playoffs any time soon.
Posted on 11/16/15 at 10:02 am to Arksulli
Just the football scholarships at ULM cost the university nearly $2 million. Not to mention coaching staff, facilities, and all of the stuff you have to have to run an FBS program.
Just to break even on the scholarships, ULM has to average 33,000 fans per game. Playing two "buy" games a year can keep the things afloat, but they still have to fund the other sports, including the non-revenue sports.
Think about this. The SEC's new requirement to play one non-conference P5 opponent every year is going to take 14 potential buy games off the table for schools like ULM, UAB, USA, Troy, Georgia State, et. al. Its going to come crashing down.
Just to break even on the scholarships, ULM has to average 33,000 fans per game. Playing two "buy" games a year can keep the things afloat, but they still have to fund the other sports, including the non-revenue sports.
Think about this. The SEC's new requirement to play one non-conference P5 opponent every year is going to take 14 potential buy games off the table for schools like ULM, UAB, USA, Troy, Georgia State, et. al. Its going to come crashing down.
Posted on 11/16/15 at 10:03 am to anc
Did anybody else notice the Rx in the stands in the ULM image? What in the world is that all about?
Posted on 11/16/15 at 10:06 am to anc
quote:
Think about this. The SEC's new requirement to play one non-conference P5 opponent every year is going to take 14 potential buy games off the table for schools like ULM, UAB, USA, Troy, Georgia State, et. al. Its going to come crashing down.
They should all play at the FCS level. It just makes the most sense. And they will be able to play more regional opponents to cut down on travel costs.
Take UAB for instance. Their schedule could easily be :
- Jax State
- South Alabama
- MTSU
- Troy
- Southern Miss
- Georgia State
- Chattanooga
- The Citadel
- Arkansas State
- Western Kentucky
- long road game (Montana/New Hampshire/Delaware/Boise)
- Power 5 team
They could even perhaps find a way to build a modest, but new, on campus stadium for $35M that seats 25,000 people.
And, they would have a legitimate chance at winning a national championship.
This post was edited on 11/16/15 at 10:14 am
Posted on 11/16/15 at 10:12 am to BowlJackson
Yeah but, their program is going to be in the same situation financially. Also, what does it matter if they got two 5 star busts?
Posted on 11/16/15 at 10:24 am to mwade91383
quote:
Did anybody else notice the Rx in the stands in the ULM image? What in the world is that all about?
Maybe they have a Pharmacy school and that's how their students sit at the games.
Posted on 11/16/15 at 10:34 am to BamalaAnderson
They do have a pharmacy school. Good catch.
Posted on 11/16/15 at 10:45 am to ThoseGuys
quote:
Why the hell does Bama need another 6 million to fund it's athletics?
They don't need it. In fact, they gave over $9 million back last year.
Bama athletics is making a significant net profit for the school, but from a PR standpoint it would look much, much better to take nothing and then return less.
Posted on 11/16/15 at 10:57 am to BowlJackson
quote:
UAB is coming back in 2017 and has two former 5*s committed, soo....
None of that is relevant to the economic issues these programs are facing and that includes UAB.
Even if they return, start winning CUSA titles on a regular basis, and Clark stays around instead of taking a bigger job, they're still going to have a hard time paying the bills. That's not a shot at UAB, that's a simple fact of life for non P5 (and even a few of those) FBS programs these days.
Posted on 11/16/15 at 12:20 pm to thefloydian
Also interesting that there are only six schools that are completely self supporting.
Ohio State
LSU
Purdue
Nebraska
Texas
Oklahoma
In the SEC, South Carolina leads the way in subsidies, but they only receive $5.6 million ($98 million budget)
Ohio State
LSU
Purdue
Nebraska
Texas
Oklahoma
In the SEC, South Carolina leads the way in subsidies, but they only receive $5.6 million ($98 million budget)
Posted on 11/16/15 at 12:27 pm to anc
And most SEC schools give a large chunk back to their University Foundation's (non-athletic) operating fund.
Tennessee is even required to do so, something like 10% of their revenues.
Tennessee is even required to do so, something like 10% of their revenues.
Posted on 11/16/15 at 12:33 pm to anc
quote:
Impending Death of Mid-Major College Football
These programs just need some creative SJW's ready to go on a fake hunger strike. They'll live forever.
Posted on 11/16/15 at 12:52 pm to SummerOfGeorge
LSU gave make the most ever (6 million) to the academics thanks to the new SEC network and that was without taking a dime.
Now I will admit that the state refuses to give the university even a penny so that is part of the reason we are zero.
I am sure every school in the SEC makes money. If it is some agreement between the state and the school, at what point does it change? And does the payback go back to the tax payers or does it get shifted to academic?
Now I will admit that the state refuses to give the university even a penny so that is part of the reason we are zero.
I am sure every school in the SEC makes money. If it is some agreement between the state and the school, at what point does it change? And does the payback go back to the tax payers or does it get shifted to academic?
Posted on 11/16/15 at 1:22 pm to anc
quote:
Which is making the best of their resources?
The one with the neato Rx in the stands.
Posted on 11/16/15 at 2:29 pm to SummerOfGeorge
$35M that seats 25,000 peopleYou'd have to double that stadium cost. Still might be too low.
quote:
They should all play at the FCS level. It just makes the most sense. And they will be able to play more regional opponents to cut down on travel costs. Take UAB for instance. Their schedule could easily be : - Jax State - South Alabama - MTSU - Troy - Southern Miss - Georgia State - Chattanooga - The Citadel - Arkansas State - Western Kentucky - long road game (Montana/New Hampshire/Delaware/Boise) - Power 5 team They could even perhaps find a way to build a modest, but new, on campus stadium for $35M that seats 25,000 people. And, they would have a legitimate chance at winning a national championship.
This post was edited on 11/16/15 at 2:35 pm
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