Big East expansion exercise approaching 2025…

[Friarsnoop]

Perhaps. Next up: Belmont Bruins.

If my choices were Belmont or Duquesne, I'd take Belmont in a heartbeat. If I'm the Big East, I'd take neither.

 

[shizzle787]

If my choices were Belmont or Duquesne, I'd take Belmont in a heartbeat. If I'm the Big East, I'd take neither.

I wouldn't be surprised if Belmont is A-10 #16 a few years down the line.

 

[buddy]

Lobby ESPN to kick BC out of the ACC. They go to the Big East with the Catholic schools. UConn goes to the ACC where it belongs.

 

[WestHartHusk]

One reason might be that Creighton made 13 NCAA tournaments in the MVC since the last time Duquesne made the tournament.

Or that they are like Top-10 in attendance every year. To compare them to Duquesne is one of the stupidest takes every posted on this board.

 

[Kolumbo]

Lobby ESPN to kick BC out of the ACC. They go to the Big East with the Catholic schools. UConn goes to the ACC where it belongs.

BCU doesn't bring anything to the Big East. It can go to the A-10. Or the Northeast.

 

[ecasadoSBU]

there's something missing in this entire discussion that came to a head this week:

The largest attraction of the AAU for many schools, especially nonmembers, is prestige. Since the AAU's founding, it has "been a grouping of the elite in the American university world," and "[n]ew presidents of nonmember universities often list gaining admission to the AAU as a goal of their administration."

The NY Governor Kathy Hochul raised Stony Brook + Buffalo to the status of FLAGSHIP this week. You may think this has nothing to do with sports. But consider this ... the NYS legislature wouldn't allow SUNY schools to have athletic scholarships until 1988. Suddenly, you have this big state in the middle of all of us getting far more capital and emphasis. Both AAU for quite some time. And nobody was thrilled with little private Syracuse in the middle blowing their horn. Buffalo? An amazing transformation, above and beyond, in the last 10 years under the current president. Stony Brook? Access to NYC on LI with huge push on research funds.

Since I teach at a SUNY (UAlbany), I feel they have demoted Binghamton, Albany etc. But that clearly is not the statement this week. It is a statewide emphasis to raise 2 Universities in every way. Both will grow in enrollment and capital budgeting for decades. You can talk about Duquesne all you want. Today's hoop is certainly relevant. Sports is gonna be part of this NYS push.

Lets go Seawolves!! Flagship of the Empire State!!

I think Stony Brook has a lot of potential to be a better sports school someday as it already has the academic side of things figured out. I just don't know if Long Islanders will ever get behind their college programs. Very few care about local college sports in this region.

 

[npignatjr]

Does anyone know what penalty, if any, would UConn incur if it left the NBE?

 

[shizzle787]

Does anyone know what penalty, if any, would UConn incur if it left the NBE?

30 million at least

 

[npignatjr]

30 million at least

17 million to leave the AAC. As a CT taxpayer, should have been put up for a referendum. Even without that 17million the athletic department reported losses of 10 million a year.

 

[Ha Who]

Does anyone know what penalty, if any, would UConn incur if it left the NBE?

No penalty as NBE is not the name of their conference

 

[Hoophound]

17 million to leave the AAC. As a CT taxpayer, should have been put up for a referendum. Even without that 17million the athletic department reported losses of 10 million a year.

Doesn’t matter. Taxpayers aren’t paying for it.

 

[CL82]

30 million at least

Ita been a while since I’ve looked and we’ve talked about it on here many times, but I believe it’s something like $30M in the first five years $15M within the next five and anytime after that $5M.

 

[huskymedic]

Ita been a while since I’ve looked and we’ve talked about it on here many times, but I believe it’s something like $30M in the first five years $15M within the next five and anytime after that $5M.

$30m first 6 years then its $15m years 7 thru 10. $10m after 10.

 

[freescooter]

17 million to leave the AAC. As a CT taxpayer, should have been put up for a referendum. Even without that 17million the athletic department reported losses of 10 million a year.

Oh stop with the taxpayer nonsense please. UConn generates about $8 in direct income for every $1 the state invests. Not even considering indirect benefits. It should be spun off as a quasi public entity, for sure. It could probably cut costs in so doing and increase efficiency, and increase income but please, the coost to the taxpayers is badly overstated.

 

[npignatjr]

Doesn’t matter. Taxpayers aren’t paying for it.

Public university supported by taxpayers. When the athletic department publicly reports an operating loss of 10 million dollars a year, who pays for all of that?

 

[npignatjr]

Oh stop with the taxpayer nonsense please. UConn generates about $8 in direct income for every $1 the state invests. Not even considering indirect benefits. It should be spun off as a quasi public entity, for sure. It could probably cut costs in so doing and increase efficiency, and increase income but please, the coost to the taxpayers is badly overstated.

And your source? Here is one, the athletic department itself.
The athletic department spent $80.9 million in 2019, and received a $42.3 million subsidy from the university, the highest in the nation. This nearly two-to-one deficit in spending-to-revenue has persisted for several years.

UConn athletic budget deficit increases to $43.5 million

The deficit is slightly higher than the $42.3 million from the year before and remains...

www.nhregister.com

 

[freescooter]

Public university supported by taxpayers. When the athletic department publicly reports an operating loss of 10 million dollars a year, who pays for all of that?

The UConn budget.

 

[freescooter]

And your source? Here is one, the athletic department itself.
The athletic department spent $80.9 million in 2019, and received a $42.3 million subsidy from the university, the highest in the nation. This nearly two-to-one deficit in spending-to-revenue has persisted for several years.

UConn athletic budget deficit increases to $43.5 million

The deficit is slightly higher than the $42.3 million from the year before and remains...

www.nhregister.com

So let’s have a referendum on going D3. And while we are at it, how about one on the state snow plowing budget. That is literally money that has no return. As Jasper McLevy said, the good Lord put it there and he will take it away.

 

[Kolumbo]

Does anyone know what penalty, if any, would UConn incur if it left the NBE?

UCONN is not leaving the Big East unless it is for a far more lucrative football conference, so the penalties would easily be paid by the new revenue, whether $30 mill, $15 mill, or $10 mill.

 

[npignatjr]

Doesn’t matter. Taxpayers aren’t payin

So let’s have a referendum on going D3. And while we are at it, how about one on the state snow plowing budget. That is literally money that has no return. As Jasper McLevy said, the good Lord put it there and he will take it away.

So equating road safety and helping with tax revenue with a recreational product. If a referendum is required for the university to be run fiscally responsible, so fine. There is oversight for state expenses, not enough for sure, for the athletic department not enough. These are tough economic times for taxpayers in CT, the state is losing citizens and businesses, so increasing expenses on fewer sources.

 

[Storrs South]

So equating road safety and helping with tax revenue with a recreational product. If a referendum is required for the university to be run fiscally responsible, so fine. There is oversight for state expenses, not enough for sure, for the athletic department not enough. These are tough economic times for taxpayers in CT, the state is losing citizens and businesses, so increasing expenses on fewer sources.

It's not a recreational product, it's a marketing tool for education with recreation and civic pride as the by-product. The monies we are talking about in the scheme of the athletic department are also peanuts in terms of the bigger picture. The annual budget is $1.6 billion and has a great ROI on said budget as already noted above. You're getting bent out of shape for less than 3% of the university's annual budget, most of which is just switching hands within the university or other state entities. It's a larger deficit on the books than actual boots on the ground. The CT state budget is many more billions. This is small time stuff to get worked up about, let it go.

 

[CL82]

Oh stop with the taxpayer nonsense please. UConn generates about $8 in direct income for every $1 the state invests

Link?

 

[CL82]

And your source? Here is one, the athletic department itself.
The athletic department spent $80.9 million in 2019, and received a $42.3 million subsidy from the university, the highest in the nation. This nearly two-to-one deficit in spending-to-revenue has persisted for several years.

UConn athletic budget deficit increases to $43.5 million

The deficit is slightly higher than the $42.3 million from the year before and remains...

www.nhregister.com

Hey Nick, do you realize a big chunk of that $40 million deficit is on discounted tuition payment back to the University? In essence, the university pays the athletic department to pay the university. That’s a paper loss, because virtually no student ever pays full freight for tuition. Another huge chunk of it is the cost of renting out Rentschler field in the XL center for men’s basketball, woman’s basketball and hockey. In that case it is the state charging us exorbitant rates in then paying us the money which we then pay back to the state. Again, it’s a paper loss. Intra-company charges are always tricky and can be used to move losses around in entity.

 

[UCONNJACK]

Link?

Home | UConn Impact

Explore UConn's Impact and Engagement in One Click UConn Business Engagement Portal The gateway for businesses and organizations to collaborate with UC ...

impact.uconn.edu

I believe this is the latest economic impact report UConn has on Connecticut.

 

[Kolumbo]

Home | UConn Impact

Explore UConn's Impact and Engagement in One Click UConn Business Engagement Portal The gateway for businesses and organizations to collaborate with UC ...

impact.uconn.edu

I believe this is the latest economic impact report UConn has on Connecticut.

These are the numbers some people don't consider. Imagine the additional boost if there were a steady stream of 1,000s of B1G football fans coming to CT every fall.

 

[CL82]

These are the numbers some people don't consider. Imagine the additional boost if there were a steady stream of 1,000s of B1G football fans coming to CT every fall.

Yep, I remember when we had to add an extra 3000 seats at Rentschler field for Michigan?

 

[npignatjr]

Hey Nick, do you realize a big chunk of that $40 million deficit is on discounted tuition payment back to the University? In essence, the university pays the athletic department to pay the university. That’s a paper loss, because virtually no student ever pays full freight for tuition. Another huge chunk of it is the cost of renting out Rentschler field in the XL center for men’s basketball, woman’s basketball and hockey. In that case it is the state charging us exorbitant rates in then paying us the money which we then pay back to the state. Again, it’s a paper loss. Intra-company charges are always tricky and can be used to move losses around in entity.

Yes accounting games I understand. When the athletic department reports the deficit it is not reporting with an asterisk. Link into your numbers.

 

[npignatjr]

It's not a recreational product, it's a marketing tool for education with recreation and civic pride as the by-product. The monies we are talking about in the scheme of the athletic department are also peanuts in terms of the bigger picture. The annual budget is $1.6 billion and has a great ROI on said budget as already noted above. You're getting bent out of shape for less than 3% of the university's annual budget, most of which is just switching hands within the university or other state entities. It's a larger deficit on the books than actual boots on the ground. The CT state budget is many more billions. This is small time stuff to get worked up about, let it go.

Impossible, every public taxpayer funded entity in the state should be operated fiscally responsible.

 

[CL82]

Yes accounting games I understand. When the athletic department reports the deficit it is not reporting with an asterisk. Link into your numbers.

I’ve posted links to the financials a bunch of times, Google it if you are curious.

 

[Mr. Wonderful]

fiscally responsible

Hashing out what this means is where the real conversation begins.