nelsonmuntz
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It has come up on other boards, but I think it is worth a discussion here since this is a more "catch all" board for UConn athletics topics. I would be interested on how people think UConn athletics is viable long term.
UConn athletics has a $18 million to $28 million hole, depending on how you look at it. That represents money that comes from the school in terms of school funds or student fees. That is circa 2015, and I suspect that number gets worse every year as the Big East exit fees wind down.
UConn spends over $71 million on athletics amid budget troubles
https://www.nytimes.com/2016/03/14/...l-drags-on-uconns-power-5-ambitions.html?_r=0
USA TODAY Sports
There is no high probability path to a P5 invitation. The weakest of the P5's looked at expansion 6 months ago, and decided doing nothing was better than adding UConn. There are no other P5 conferences with expansion even under consideration, in a large part because the consensus expectation is that the P5 schools will see a major drop in their revenues when their current TV deals expire. Why expand when there will not be enough money to feed the mouths around the table in a few years?
I don't want to start a political argument, but the state of Connecticut finances are in terrible shape, and getting worse for the foreseeable future. We should expect state support to UConn to decrease over time. Students are looking at huge tuition increases over the next few years as a result.
On the field and court, the two biggest revenue sports are struggling. Basketball is coming off its worst season in probably 30 years, and football has been bad for a while. Our conference affiliation is hurting recruiting in both sports, and in football appears to put a ceiling on how good UConn football can ever be.
This is not sustainable. Financially, we need more revenue and we need to cut costs. If the quality of the product continues to suffer, it will create a vicious cycle of worse recruiting and less revenue, reducing whatever chance of a P5 invitation we have, and even making us less attractive to other second tier conferences.
UConn athletics has a $18 million to $28 million hole, depending on how you look at it. That represents money that comes from the school in terms of school funds or student fees. That is circa 2015, and I suspect that number gets worse every year as the Big East exit fees wind down.
UConn spends over $71 million on athletics amid budget troubles
https://www.nytimes.com/2016/03/14/...l-drags-on-uconns-power-5-ambitions.html?_r=0
USA TODAY Sports
There is no high probability path to a P5 invitation. The weakest of the P5's looked at expansion 6 months ago, and decided doing nothing was better than adding UConn. There are no other P5 conferences with expansion even under consideration, in a large part because the consensus expectation is that the P5 schools will see a major drop in their revenues when their current TV deals expire. Why expand when there will not be enough money to feed the mouths around the table in a few years?
I don't want to start a political argument, but the state of Connecticut finances are in terrible shape, and getting worse for the foreseeable future. We should expect state support to UConn to decrease over time. Students are looking at huge tuition increases over the next few years as a result.
On the field and court, the two biggest revenue sports are struggling. Basketball is coming off its worst season in probably 30 years, and football has been bad for a while. Our conference affiliation is hurting recruiting in both sports, and in football appears to put a ceiling on how good UConn football can ever be.
This is not sustainable. Financially, we need more revenue and we need to cut costs. If the quality of the product continues to suffer, it will create a vicious cycle of worse recruiting and less revenue, reducing whatever chance of a P5 invitation we have, and even making us less attractive to other second tier conferences.