Big East TV Deal with FOX, TNT, and NBC

[bendm]

two shockers above:
1) Lville still had highest revenue even though they won 8 games???
2) duke isnt' in the top 50??

 

[bendm]

I believe UConn is only that low because of the Ollie money

optimistic. why would the ollie payment be factored in as opposed to any other expenses?

 

[ScottVib]

I believe UConn is only that low because of the Ollie money

Ollie money is in the 2022 numbers for expenses. This is raw revenues taken from the sportico database:

Sportico’s Intercollegiate Finance Database

Sportico is maintaining an interactive, real-time database that tracks the official balance sheets of public FBS university athletic departments.

www.sportico.com

 

[upstater]

I believe UConn is only that low because of the Ollie money

It's that low because everyone is accounting for things differently.

It's an apples to oranges comparison that means nothing.

 

[pj]

two shockers above:
1) Lville still had highest revenue even though they won 8 games???
2) duke isnt' in the top 50??

It seems to be based on ticket revenue. Duke's Cameron Indoor is smaller than Gampel and they give free tickets to students. So not surprising that Duke's ticket revenue is less than UConn's, and UConn is #45.

 

[SouthBayHusky]

two shockers above:
1) Lville still had highest revenue even though they won 8 games???
2) duke isnt' in the top 50??

I don’t think that list is including any private schools. This may just be public.

 

[MJ1]

I don’t think that list is including any private schools. This may just be public.

Correct, Both Marquette and Creighton list over 14million in revenue and are not on that list. I believe both of their buildings are bigger than Gampel and XL.

 

[Kolumbo]

View attachment 102131

We were taking in $12 million back in 2009 according to JC so I would think it would be much higher today.

 

[MilliniumPrince]

two shockers above:
1) Lville still had highest revenue even though they won 8 games???
2) duke isnt' in the top 50??

The chart didn't include private institutions

 

[FfldCntyFan]

Imagine what Louisville would have brought in if the program wasn't a dumpster fire the past couple of years.

 

[CJasmer]

The chart didn't include private institutions

two shockers above:
1) Lville still had highest revenue even though they won 8 games???
2) duke isnt' in the top 50??

Lville has dedicated fans that attend games even if dumpster fire. Compare to UConn that has fair weather fans. Same is true in football where teams like Iowa State and KU when they were bad still had high attendance at football games.

 

[cellocgg]

So I saw a graphic online comparing the revenue generated from MBB for all public schools in FY 2023 and UConn was only 10.63 million, right between Oregon and Washington. We were ranked 45th, how can this be especially with a natty?

 

[Tyler2Rings]

We were taking in $12 million back in 2009 according to JC so I would think it would be much higher today.

Yea but how much is the Comcast deal worth?

 

[auror]

So I saw a graphic online comparing the revenue generated from MBB for all public schools in FY 2023 and UConn was only 10.63 million, right between Oregon and Washington. We were ranked 45th, how can this be especially with a natty?

Schools do accounting differently and I think that graphic was mostly based on ticket sales, which is building dependent. These numbers are very difficult to compare.

 

[freescooter]

So I saw a graphic online comparing the revenue generated from MBB for all public schools in FY 2023 and UConn was only 10.63 million, right between Oregon and Washington. We were ranked 45th, how can this be especially with a natty?

We do well but not great in fund raising, nothing in media, home attendance was around 11500 which is good but not great. Not in the Top 50 for attendance.

 

[cellocgg]

We do well but not great in fund raising, nothing in media, home attendance was around 11500 which is good but not great. Not in the Top 50 for attendance.

But operating expenses were around $13M for MBB so is our back-to-back championships team really burning money?

 

[Waquoit]

We do well but not great in fund raising, nothing in media, home attendance was around 11500 which is good but not great.

It's good considering we play half the games in an arena that hold 1K less than 11.5.

 

[AZHuskiePop]

So I saw a graphic online comparing the revenue generated from MBB for all public schools in FY 2023 and UConn was only 10.63 million, right between Oregon and Washington. We were ranked 45th, how can this be especially with a natty?

The NC in what apparently is an incentive based system wouldn‘t be reflected until 2023-24 season and will be multiplied next year and with the second one success this year and it will rise again
It looks like the original Big East contract was $4,000,000 per team
It also looks like the Big East got a kick up as an incentive to add UConn.. My guess was adding us was more about open purses than open hearts .
Based on those numbers even if I back out Fox’s $6,000,000 bonus.with an unspecified destination I’m guessing
UConn’s badketball revenue will be $13,000,000 minimum .and rising . Numbers that undervalue
our Basketball worth by $4,000,000 to $8,000,000 depending on the conference
For example using low estimates in the B1G 15% of $80,000 + NCAA revenue plus Ticket sales for men an women we’re in excess of $20,000,000
If I were UConn I would be shopping us as a basketball only to a major conference. , If for no other reason than leverage on the Big East..,If you really think about that’s exactly what our image is.
Louisville numbers are really interesting
Although they’ve lost about $2,000,000 or more vs those numbers last year their revenue is still amazing. Their budget is $136,000,000 .,
The two things i noticed is Louisville
more evenly accounts for media revenue between football ( which loses money) and basketball plus they have an outside source that contributes to basketball specifically. So accounting methodology can paint a different picture.
The Yum center is also an advantage when they’re good..

 

[freescooter]

It's good considering we play half the games in an arena that hold 1K less than 11.5.

Yes but everyone wants to eliminate or reduce the XL games and though we might “sell out” those games, I doubt we do, the fannies in seats are mostly dictated by the opponent. Really at Gampel too. Not like the dayscwhen they’d sell out the Civic Center if the played five orange cones!

The other thing is that playing at Gampel is good in my mind but you need to accept that a 10,000 seat arena will limit your take. A good Louisville or Syracuse team will always outdraw a great UConn one.

 

[cellocgg]

Yes but everyone wants to eliminate or reduce the XL games and though we might “sell out” those games, I doubt we do, the fannies in seats are mostly dictated by the opponent. Really at Gampel too. Not like the dayscwhen they’d sell out the Civic Center if the played five orange cones!

The other thing is that playing at Gampel is good in my mind but you need to accept that a 10,000 seat arena will limit your take. A good Louisville or Syracuse team will always outdraw a great UConn one.

I mean Cameron Indoor is smaller than Gampel and I bet Duke would be top 10 at least (only public schools were included). I'm not saying we have to be as high as Duke but we don't have any excuse to be bottom of the P5 in terms of revenue unless the school is accounting in a different manner. I also don't think conference media deals were included

 

[Hoophound]

I mean Cameron Indoor is smaller than Gampel and I bet Duke would be top 10 at least (only public schools were included). I'm not saying we have to be as high as Duke but we don't have any excuse to be bottom of the P5 in terms of revenue unless the school is accounting in a different manner. I also don't think conference media deals were included

It’s accounting.

 

[MU in MKE]

Something is amiss with those numbers. It doesn't jive with a number of other sources out there. In one example from the previous year, mens/womens combined has UConn at 4th in the nation at $34.5M and Louisville was 6th at $28.7M.

For reference, other BE teams:
MU 7th at $27.7M
Nova 16th at $24M
X 26th at $18.8M

Duke was 1st at $47.7M

Schools That Make the Most Money Off College Basketball

Find out which school brings in the most cash.

www.gobankingrates.com

 

[Storrs South]

Keep in mind also none of this accounts for donations as well as applications growing (UConn has seen applications grow an additional 15k in the last two years) and other tangentially related elements from a marketing standpoint that improve university selectiveness, prestige, and so forth.

 

[DFW HOYA]

In the mid 1980s, Duke trustees evaluated a plan to build a 16,000 seat arena, and they turned it down. Why? Well, they preferred the ambiance of Cameron Indoor Stadium, AND it was a tacit admission that in a market where Duke is still only the third most popular school, selling 11 or 12,000 a game would be nice but at the cost of lots with empty seats (or seats bought up by Tar Heel and Wolfpack fans). It wasn't a good long term plan.

Think of it as the opposite of what has become of a home court advantage at Georgetown, with 12-15,000 empty seats a game.

 

[gsmooth]

In the mid 1980s, Duke trustees evaluated a plan to build a 16,000 seat arena, and they turned it down. Why? Well, they preferred the ambiance of Cameron Indoor Stadium, AND it was a tacit admission that in a market where Duke is still only the third most popular school, selling 11 or 12,000 a game would be nice but at the cost of lots with empty seats (or seats bought up by Tar Heel and Wolfpack fans). It wasn't a good long term plan.

Think of it as the opposite of what has become of a home court advantage at Georgetown, with 12-15,000 empty seats a game.

Interesting. I did not know that Duke had that decision to make in the mid 1980s.

BTW, what Georgetown blog do you frequently post on and read from? Apologies, I know I asked you this before, but I didn't remember what your answer was.