Started By
Message

re: The 23 universities that make at least $125 million annually from their sports teams

Posted on 1/26/24 at 9:31 pm to
Posted by ColoradoAg
Colorado
Member since Sep 2011
22188 posts
Posted on 1/26/24 at 9:31 pm to
Amazing A&M does as well as it does given that basketball is a sink hole. The attendance numbers at Reed are terrible.
Posted by PineyWoodsHog
Texas
Member since Sep 2021
1561 posts
Posted on 1/26/24 at 9:33 pm to
quote:

A&M and Texas have been swapping #1 and #2 for some number of years now


That's just gross.
Posted by UThomas
Member since Aug 2021
70 posts
Posted on 1/26/24 at 9:54 pm to
quote:

This is one of them. A&M brought in $279MM in operating revenue.


As mentioned, its like $50MM lower than that due to made up “revenue” like a $12MM internal loan and a capital campaign.

Anyway interesting Ohio state edges texas w $44MM less fball rev.
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37750 posts
Posted on 1/26/24 at 9:58 pm to
No sheep humping sister banging taterheads on the list ... not even close.

Lol
Posted by UnclePat76
McHenry County Illinois
Member since Sep 2004
2453 posts
Posted on 1/26/24 at 11:09 pm to
Wonder what the per sport profit/loss is?
Posted by ColoradoElkHerd
USA
Member since May 2014
2265 posts
Posted on 1/26/24 at 11:46 pm to
Almost zero standardization of these dick measuring contests.

Also dont even consider the size of the student section. Students at Texas A&M take up 35,000+ prime seats at relatively low cost for them.
This post was edited on 1/27/24 at 3:32 pm
Posted by DawgsLife
Member since Jun 2013
58927 posts
Posted on 1/27/24 at 7:18 am to
quote:

I have always heard there are only a handful of profitable men's basketball teams much less women's basketball teams. Which this list had every single schools women's teams making a couple million a year. Are they not accounting for something that was usually factored into that number?




Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations1345. Profit, which is typically called net profit or the bottom line, is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs12345. The key difference between revenue and profit is that revenue has not had any expenses deduct

TLDR
Revenue is total monies taken in by the sport. Profit is when all expenses are taken out of the revenue. Profit is much more telling to the health of a sport than revenue...although revenue is important, too. The more revenue taken in the better the chance they have of making a profit.

Hope this makes sense.
Posted by DawgsLife
Member since Jun 2013
58927 posts
Posted on 1/27/24 at 7:22 am to
(no message)
This post was edited on 1/27/24 at 7:23 am
Posted by phaz
Waddell, AZ
Member since Jan 2009
5841 posts
Posted on 1/27/24 at 8:12 am to
quote:

Top 10 includes Bama’s 2 main rivals.


AU was 9th, but Tennessee was 14th
Posted by imjustafatkid
Alabama
Member since Dec 2011
50770 posts
Posted on 1/27/24 at 8:25 am to
quote:

Top 10 includes Bama’s 2 main rivals.


I don't see Tennessee in the top 10.
Posted by lsufanva
sandston virginia
Member since Aug 2009
12418 posts
Posted on 1/27/24 at 8:41 am to
Kind of a shite list when they don't account for that revenue being spent. LSU women's basketball generated tons of revenue yet lost a couple of mil after expenses. Even the national title baseball team generated plus revenue but ended up 680 grand in the hole. Revenue generated is a "look at me* way of listing things. Where's the profit list?
Posted by LSU Tigerhead
Metairie
Member since Nov 2007
4961 posts
Posted on 1/27/24 at 9:03 am to
The linked website has a paywall.

HOW TO GET PAST THE PAYWALL AND READ THE ARTICLE

1. copy link address
2. go to archive.md
3. paste the link
4. read the article.
Posted by UnclePat76
McHenry County Illinois
Member since Sep 2004
2453 posts
Posted on 1/27/24 at 12:54 pm to
quote:

Revenue is total monies taken in by the sport. Profit is when all expenses are taken out of the revenue. Profit is much more telling to the health of a sport than revenue...although revenue is important, too. The more revenue taken in the better the chance they have of making a profit.


Good post. I would love to see the profit rankings rather than revenue which can be misleading due to revenue sharing.
Posted by Rebelinexile
Member since Oct 2021
85 posts
Posted on 1/27/24 at 2:07 pm to
Ole Miss reported revenue of 142 million a couple of days ago. So the list isn’t
quite up to date. What is amazing though is most schools still report losing
money, or at best, a small profit.
Posted by DawgsLife
Member since Jun 2013
58927 posts
Posted on 1/27/24 at 2:24 pm to
quote:

Good post. I would love to see the profit rankings rather than revenue which can be misleading due to revenue sharing.


Thank you, sir.
Posted by MizzouBS
Missouri
Member since Dec 2014
5854 posts
Posted on 1/27/24 at 2:35 pm to
#’s must not be updated.

quote:

Mizzou athletics brought in $141,558,287 in revenue throughout fiscal year 2023


That would put them at 14th, but I’m sure other schools numbers are off a little too.

The Athletic department made a profit of $1.00. The AD spends money perfectly

LINK

We started putting more into money into sports that don’t make a profit like baseball, women’s basketball, volleyball, gymnastics, wrestling, CC, swim, and track.
This post was edited on 1/27/24 at 2:41 pm
Posted by Smokin Joe Dumas
In your head
Member since Apr 2022
601 posts
Posted on 1/27/24 at 3:03 pm to
quote:

Michigan


Women's Basketball Revenue: $426,000 million .
Posted by Ptins944
Member since Jan 2019
1457 posts
Posted on 1/27/24 at 3:34 pm to
quote:

A&M and Texas have been swapping #1 and #2 for some number of years now. The $279M is ahead of Texas's $271 they reported but there is an anomaly this year as there is an subsidy reported by A&M as a loan which is unusual considering the profits after operating expenses is much more than the subsidy.

At any rate, this "ranking" as it were just take revenues from the big 3 sports and add them up. A&M does take a penalty there for seating 35k or so students in prime seats at a subsidized price. So it is not surprising A&M is down the list a little.

Texas would be the runaway number 1 overall if revenue from merchandise was thrown into the equation as they have many more sidewalk fans than A&M.
Texas follows GAAP rules.

Kind of interesting that the $10 million A&M “anomaly”, the loan from the university to the athletic department, is just enough to surpass Texas in revenue. FYI, obtaining a loan is not generating revenue. It may affect cash flow, but they are not the same.

Texas athletics makes contributions to the university every year and does not get loans from the university.

A&M also includes $50+ Million raised from capital contributions and donations and fund raising as revenue. It is not.
Posted by bigDgator
Dallas, TX
Member since Oct 2008
41730 posts
Posted on 1/27/24 at 3:37 pm to
Until any of that money ends up in my pocket idgaf.
Page 1 2
Jump to page
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow SECRant for SEC Football News
Follow us on Twitter and Facebook to get the latest updates on SEC Football and Recruiting.

FacebookTwitter