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re: Rough week for Aggy continues, WSJ publishes list of most valuable CFB programs
Posted on 1/8/19 at 3:39 pm to cardboardboxer
Posted on 1/8/19 at 3:39 pm to cardboardboxer
quote:
No, we are first in the SEC:
That's total AD not just football.
1
Posted on 1/8/19 at 3:41 pm to Wes225
Now that makes no sense, there's absolutely no way that we make half of our revenue from other sports.
Most schools have to use their football programs to supply money to their other sports because they lose money.
Most schools have to use their football programs to supply money to their other sports because they lose money.
Posted on 1/8/19 at 3:45 pm to Agseds
The list you provided includes all operating revenues from the athletic department and the list is also from 2016-2017.
Posted on 1/8/19 at 3:46 pm to Wes225
The Aggies like it rough and “Longhorned”.
Their women do to!
Flee UT and get rammed harder by Bama and LSU! Look how happy they are!
Mediocre is as mediocre does!
Their women do to!
Flee UT and get rammed harder by Bama and LSU! Look how happy they are!
Mediocre is as mediocre does!
Posted on 1/8/19 at 3:46 pm to Agseds
Here, let me help you. Your revenues have been inflated because of the capital campaign to pay off facilities debt.
quote:
While the report shows Texas A&M with about $147 million in operating expenses for 2017, the school also had just under $67 million in athletics-related capital expenditures during the year.
When schools borrow money to build or refurbish athletics facilities, the NCAA currently requires them to count annual debt service payments as an operational expense. Cash spent on facilities is supposed to be reported separately from annual operating expenses.
As a result, contributions to Texas A&M’s athletics program that were made in 2017 and spent on facilities projects that year are being reported as operating revenue while most of the corresponding spending on those projects is not being reported as an annual operating expense.
The Texas A&M athletics department’s chief financial officer, Jeff Toole, told USA TODAY Sports that when the facilities-related contributions are removed from consideration for 2017, “we are basically break-even, maybe a little less than break-even, for the year.” If Texas A&M’s capital spending for 2017 is added to its operational spending for the year, the total is just over $213.5 million. Toole noted that revenues for the next two years will probably resemble that of 2017 but then may start to "normalize a little bit" as he put it.
Posted on 1/8/19 at 3:47 pm to Wes225
Here is the top 50 with revenue and comparison to last year. Just copying the ones I put in the thread in MSB
Posted on 1/8/19 at 3:52 pm to bdelarosa7
"Brewer analyzes each program's revenues and expenses and made cash-flow adjustments, risk assessments and growth projections to calculate what a college team would be worth on the open market, if it could be bought and sold like a professional franchise."
FYI, the majority of Kyle Field was financed thru 30 year bonds.
FYI, the majority of Kyle Field was financed thru 30 year bonds.
Posted on 1/8/19 at 3:55 pm to WestCoastAg
quote:
WestCoastAg
quote:
LSUs obsession with A&M is pretty remarkable if I am just being honest
your post history suggests an LSU fan railed your wife in front of you while you had to hold his beer.
Posted on 1/8/19 at 3:59 pm to Giant Leaf
Those are football-only numbers.
The TEXAS football program standing alone makes $17 million more than the entire aggy athletics department.
This is based on the aggy financial officer above stating that excluding paying off facility debt, aggy breaks even or loses a little on expenses of $147 million for the entire athletics department (versus $164 million in revenue solely accrued by the TEXAS football program).
The TEXAS football program standing alone makes $17 million more than the entire aggy athletics department.
This is based on the aggy financial officer above stating that excluding paying off facility debt, aggy breaks even or loses a little on expenses of $147 million for the entire athletics department (versus $164 million in revenue solely accrued by the TEXAS football program).
Posted on 1/8/19 at 4:01 pm to Agseds
quote:
Does this include the value of the LSU fans' heads we live in?
Clearly not. It's multi-trillion dollar realty.
Posted on 1/8/19 at 4:04 pm to Wes225
Posted on 1/8/19 at 4:05 pm to Wes225
Damn, and almost $100M behind the next SEC program.
Aggy poorz.
Aggy poorz.
Posted on 1/8/19 at 4:08 pm to Korin
quote:
I wish they'd rank based on profit. It's not hard to do.
Wrong. Go read my first post. Contributions to pay off debt are counted as revenue but not expenses, thus inflating "profit."
See: aggy.
Posted on 1/8/19 at 4:17 pm to Wes225
Their master is #3. That’s a little consolation.
Posted on 1/8/19 at 4:26 pm to Smart Post
Further, I am not convinced the totality of those aggy contributions are from aggy donors.
In my opinion, a great deal of that is proceeds from bond sales (aggy financed the majority of its stadium upgrade through 30-year bonded indebtedness, as has already been pointed out).
Those bond-sale proceeds are deposited into aggy accounts as revenue, then paid to the contractors -- but those expenses are not counted, inflating "profit."
So a great deal of this aggy revenue the fake army soldiers have been crowing about, is actually debt.
What do you think, Old Sarge?
In my opinion, a great deal of that is proceeds from bond sales (aggy financed the majority of its stadium upgrade through 30-year bonded indebtedness, as has already been pointed out).
Those bond-sale proceeds are deposited into aggy accounts as revenue, then paid to the contractors -- but those expenses are not counted, inflating "profit."
So a great deal of this aggy revenue the fake army soldiers have been crowing about, is actually debt.
What do you think, Old Sarge?
Posted on 1/8/19 at 4:33 pm to Korin
quote:
I wish they'd rank based on profit. It's not hard to do.
So a non profit being ranked by profitability?
Posted on 1/8/19 at 4:59 pm to cardboardboxer
quote:
No, we are first in the SEC:
Artists clearly states that it’s 2016-2017 finances
Posted on 1/8/19 at 5:15 pm to Bevo XV
quote:That's ALOT of jizz jars.
12. Aggy ($541 million)
Posted on 1/8/19 at 5:19 pm to Wes225
Bama or A&M. Can't decide who had the worst night.
Posted on 1/8/19 at 5:21 pm to WestCoastAg
quote:
A&Ms obsession with LSU is pretty remarkable if I am just being honest
Fixed it for ya. No need to be angry when LSU just calls you guys out for your stupidity. You ought to be used to that.
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