Is UConn dying?

[CL82]

The reality is no one would care about the deficit if we were winning. But we're not, so it's front and center.

Um, at $41M, I'm not confident of that at all.

 

[Walker11]

Nah. FS doesn't have to compete with anyone else. Why would they get more money? That's not how it works. They can let the BE go ask SNY for more money. Ain't gonna happen. The conference is just not a big draw in the grand scheme of things. It's also gonna highly depend on how the economy is rolling at the time the next contract is up.

The rich always get richer and the poor get poorer. The rich are the P5. They'll always have the publicity. They'll always have the resources. Heck, the BE is never gonna be able to pay players the way the P5 will (eventually do).

They aren't going to get a huge lift but I bet there is competition from a streaming company. DAZN just paid 365 million to Canelo for 5 years. More people want to get involved in the live sports mix.

 

[CL82]

The biggest individual team culprit of the UConn athletic department’s 2018 deficit was the school’s football program, which lost $8.7 million. Additionally, men’s basketball lost about $5 million, women’s basketball lost about $3.1 million and the rest of the school’s sports lost about $22.3 million among them.

Ouch.

 

[djct1999]

You can wait around for Salma Hayek and Penelope Cruz to ask you for a threesome while you're at it.

Get in line behind me. I have been waiting years already for this to happen.

 

[Northbound]

They aren't going to get a huge lift but I bet there is competition from a streaming company. DAZN just paid 365 million to Canelo for 5 years. More people want to get involved in the live sports mix.

Skipper has always had a hard on for live sports. He’s not wrong but he’s prone to overpay for things - he proved that at ESPN.

 

[WrenchFan69]

Cutting multiple non-revenue sports in favor of keeping the football program which loses more money than all of them combined would be a PR nightmare for the university.

Lighting $41 mil a year of student/taxpayer money on fire is a PR nightmare for the university

 

[CTBballfan243]

Why would the ACC add UConn now? They have us staggered and just about ready to go down for the count. They can essentially put UConn athletics out of business, which would be good news for BC and Syracuse. The smart business move would be to knock UConn out and eliminate the competition.

 

[JeepCSC]

Louisville to the ACC over us continues to be the darkest thing to ever happen to this university. Brutal. It hurts me to watch ACC games now. We should be there.

You should be. But the football schools were calling the shots and they absolutely had to make sure Virginia/UNC/Duke knew it.

 

[intlzncster]

How do you call the ACC and ask if we dropped our football program would you be interested in us joining in all other sports?

Pick up phone. Dial phone. Ask for Swof. Start talking.

Why would they listen to the that? What's changed for them from last time to this time vis a vis schools like BCU? What's the impetus for the football schools to go for this?

 

[Kenny11]

They aren't going to get a huge lift but I bet there is competition from a streaming company. DAZN just paid 365 million to Canelo for 5 years. More people want to get involved in the live sports mix.

DAZN has a lot of freaking money and they need content. I had a free trial of DAZN in October. I cancelled because besides boxing there was only cricket basically but soon they will be bidding on all of these contracts. They want to be the king of sports content.

 

[intlzncster]

Get in line behind me. I have been waiting years already for this to happen.

With you brother.

 

[JeepCSC]

The reality is no one would care about the deficit if we were winning. But we're not, so it's front and center.

The Jordan Bulls 2.0 broke up over money. Winning doesn’t cure all.

 

[whaler11]

Why would they listen to the that?

They have a new linear cable network. People watch UConn basketball on TV?

Hell UConn could tell them they will play some home games at MSG and lots of ACC schools get access.

 

[whaler11]

Why would they listen to the that? What's changed for them from last time to this time vis a vis schools like BCU? What's the impetus for the football schools to go for this?

They aren’t bringing a football team.

 

[billybud]

How do you call the ACC and ask if we dropped our football program would you be interested in us joining in all other sports?

Pick up phone. Dial phone. Ask for Swof. Start talking.

I don't think the votes would be there...Notre Dame brought needed football match ups and was an exception...

The ACC, if like today, probably is not looking to shore up basketball in March.

Presently, the pressure is off...unlike when it was a race to make the P5.

The ACC has won 3 of the last 6 football NC's and the ACC won the 2015 and 2017 basketball N.C....and have a shot to win the BB national Championship this year..and thus have the football NC and basketball NC in the same school year, to add to NC's in women's basketball and softball...that would be a very good year

 

[whaler11]

I don't think the votes would be there...Notre Dame brought needed football match ups and was an exception...

The ACC, if like today, probably is not looking to shore up basketball in March.

Presently, the pressure is off...unlike when it was a race to make the P5.

The ACC has won 3 of the last 6 football NC's and the ACC won the 2015 and 2017 basketball N.C....and have a shot to win the BB national Championship this year..and thus have the football NC and basketball NC in the same school year, as well as NC's in women's basketball and softball...that would be a very good year.

• https://247sports.com/college/west-virginia/Reply/billybud-Reply-127832598/Edit/

Thanks. I know who is good. I also know how cable TV works and the ACC is starting a new linear network when the rest of the world is trying to get off linear cable.

 

[billybud]

OK...the BTN and SECN are doomed...as well.

But...ESPN is a leader in streaming...and the ACCN is marketed through sling, roku, playstation, etc.

Streaming is just another way to receive content...

 

[UConnJim]

I've never liked the way UConn reports athletic department revenues and expenses. Remember, there are athletic department expenses that are not "sport" costs and royalties, licensing, advertising, and sponsorships are not allocated to specific teams, even though those revenues are really associated with football and basketball.

If you include royalties, licensing, advertising, and sponsorships as part of football, men's basketball, and women's basketball revenues (which I think is fair), the total deficit for those programs becomes $1.7 million.

The rest of UConn's sports lost a combined $22.3 million, but this is up ~$5.6 million from 2014. Here are the 2014 losses by sport: Track and field lost $2.7 million, Baseball lost $1.1 million, Field Hockey lost $1.3 million, Men's and Women's Hockey lost $2.6 million, Women's lacrosse lost $1 million, Women's rowing lost $800k, Men's soccer lost $1.6 million, Women's soccer lost $1.2 million, Softball lost $1 million, Swimming and Diving lost $1.6 million, Tennis lost $600k, Volleyball lost $1 million, and Golf lost $200k.

Also, UConn spent slightly more than $60 million in 2013, yet was spending $80 million by 2017. Why the massive increase? It is not football (loss up $900k since 2014) or travel as those expenditures have been relatively stable. We spent $6.9 million on travel in 2014 and $7.3 million in 2018.

There are plenty of opportunities for improved revenues.

If you go back and look at the numbers, in 2014, when UConn was in the AAC, football generated $5.2 million in ticket sales vs. $3.3 million in 2017 and $2.4 million in 2018. Clearly, losing has had a dramatic impact on football ticket sales, so there is an opportunity for improvement.

Same with men's basketball. Attendance was at a 30 year low last year. Again, losing impacts ticket sales. In addition, AAC men's basketball has not done well in the NCAA tournament which negatively impactsunits/payouts. I think AAC basketball is improving, so units should improve leading to higher revenues, but that will take time. Honestly, Memphis and UConn need to pull their weight here.

 

[husky8273]

If you they bleed money in perpetuity, then they are not viable. The budget can't support it.

The only solution is 1. get new revenue 2. cut costs. If you can't do #1, then you have to do #2.

Need new revenue other than from a new TV contract which is years away!

 

[whaler11]

But...ESPN is a leader in streaming...and the ACCN is marketed through sling, roku, playstation, etc.

Streaming is just another way to receive content...

Yeah and the ACC Network is LIN E AR as in watch it on your TV through your cable box.

 

[whaler11]

I've never liked the way UConn reports athletic department revenues and expenses. Remember, there are athletic department expenses that are not "sport" costs and royalties, licensing, advertising, and sponsorships are not allocated to specific teams, even though those revenues are really associated with football and basketball.

If you include royalties, licensing, advertising, and sponsorships as part of football, men's basketball, and women's basketball revenues (which I think is fair), the total deficit for those programs becomes $1.7 million.

The rest of UConn's sports lost a combined $22.3 million, but this is up ~$5.6 million from 2014. Here are the 2014 losses by sport: Track and field lost $2.7 million, Baseball lost $1.1 million, Field Hockey lost $1.3 million, Men's and Women's Hockey lost $2.6 million, Women's lacrosse lost $1 million, Women's rowing lost $800k, Men's soccer lost $1.6 million, Women's soccer lost $1.2 million, Softball lost $1 million, Swimming and Diving lost $1.6 million, Tennis lost $600k, Volleyball lost $1 million, and Golf lost $200k.

Also, UConn spent slightly more than $60 million in 2013, yet was spending $80 million by 2017. Why the massive increase? It is not football (loss up $900k since 2014) or travel as those expenditures have been relatively stable. We spent $6.9 million on travel in 2014 and $7.3 million in 2018.

There are plenty of opportunities for improved revenues.

If you go back and look at the numbers, in 2014, when UConn was in the AAC, football generated $5.2 million in ticket sales vs. $3.3 million in 2017 and $2.4 million in 2018. Clearly, losing has had a dramatic impact on football ticket sales, so there is an opportunity for improvement.

Same with men's basketball. Attendance was at a 30 year low last year. Again, losing impacts ticket sales. In addition, AAC men's basketball has not done well in the NCAA tournament which negatively impactsunits/payouts. I think AAC basketball is improving, so units should improve leading to higher revenues, but that will take time. Honestly, Memphis and UConn need to pull their weight here.

I wouldn’t say they lose that much, that is what they cost.

 

[billybud]

Yeah and the ACC Network is LIN E AR as in watch it on your TV through your cable box.

THE Big Ten Network and SECN are doomed as well?

You can watch the ACCN roll out through wi fi...

ESPN has agreements with Hulu, PlayStation Vue, DirecTV Now, Sling TV, and YouTube TV to carry its programming already.

 

[whaler11]

THE Big Ten Network and SECN are doomed as well?

You will watch the ACCN roll out through wi fi...

ESPN has agreements with Hulu, PlayStation Vue, DirecTV Now, Sling TV, and YouTube TV to carry its programming already.

Who said they were dead? I’m talking about making them more attractive with basketball programs that people watch.

Why in the hell are you here? Are you providing a service?

 

[bigdog517]

I've never liked the way UConn reports athletic department revenues and expenses. Remember, there are athletic department expenses that are not "sport" costs and royalties, licensing, advertising, and sponsorships are not allocated to specific teams, even though those revenues are really associated with football and basketball.

If you include royalties, licensing, advertising, and sponsorships as part of football, men's basketball, and women's basketball revenues (which I think is fair), the total deficit for those programs becomes $1.7 million.

The rest of UConn's sports lost a combined $22.3 million, but this is up ~$5.6 million from 2014. Here are the 2014 losses by sport: Track and field lost $2.7 million, Baseball lost $1.1 million, Field Hockey lost $1.3 million, Men's and Women's Hockey lost $2.6 million, Women's lacrosse lost $1 million, Women's rowing lost $800k, Men's soccer lost $1.6 million, Women's soccer lost $1.2 million, Softball lost $1 million, Swimming and Diving lost $1.6 million, Tennis lost $600k, Volleyball lost $1 million, and Golf lost $200k.

Also, UConn spent slightly more than $60 million in 2013, yet was spending $80 million by 2017. Why the massive increase? It is not football (loss up $900k since 2014) or travel as those expenditures have been relatively stable. We spent $6.9 million on travel in 2014 and $7.3 million in 2018.

There are plenty of opportunities for improved revenues.

If you go back and look at the numbers, in 2014, when UConn was in the AAC, football generated $5.2 million in ticket sales vs. $3.3 million in 2017 and $2.4 million in 2018. Clearly, losing has had a dramatic impact on football ticket sales, so there is an opportunity for improvement.

Same with men's basketball. Attendance was at a 30 year low last year. Again, losing impacts ticket sales. In addition, AAC men's basketball has not done well in the NCAA tournament which negatively impactsunits/payouts. I think AAC basketball is improving, so units should improve leading to higher revenues, but that will take time. Honestly, Memphis and UConn need to pull their weight here.

You can spin it however you want to. UCONN athletics is losing 41 million dollars a year. If UCONN got a television rights contract tomorrow that would pay them 40 million dollars a year on top of what they are making now, they would still be losing money. There are not plenty of opportunities to to improve revenue to make up 41 million dollars.

 

[billybud]

Who said they were dead? I’m talking about making them more attractive with basketball programs that people watch.

Why in the hell are you here? Are you providing a service?

Providing info...some you seem to miss. My view is different because my vantage point is different.

I just commented that the ACC was less vulnerable today than it was...and that Notre Dame and their five games in football brought something different to the conference than UConn's basketball...it was perceived, at the time, as plugging a hole and needed for a signed gor.

And you get your undies wadded up.

 

[whaler11]

Providing info...some you seem to miss. My view is different because my vantage point is different.

I just commented that the ACC was less vulnerable today than it was...and that Notre Dame and their five games in football brought something different to the conference than UConn's basketball...it was perceived, at the time, as plugging a hole.

And you get your ubdies wadded up.

The ACC has good basketball teams. Thanks. Without your perspective I probably wouldn’t have noticed. Sure I had season tickets for basketball and football for NC State and have been to 75% of the arenas and stadiums - but thank you for helping me see the light.

 

[Sonova]

I've never liked the way UConn reports athletic department revenues and expenses. Remember, there are athletic department expenses that are not "sport" costs and royalties, licensing, advertising, and sponsorships are not allocated to specific teams, even though those revenues are really associated with football and basketball.

If you include royalties, licensing, advertising, and sponsorships as part of football, men's basketball, and women's basketball revenues (which I think is fair), the total deficit for those programs becomes $1.7 million.

The rest of UConn's sports lost a combined $22.3 million, but this is up ~$5.6 million from 2014. Here are the 2014 losses by sport: Track and field lost $2.7 million, Baseball lost $1.1 million, Field Hockey lost $1.3 million, Men's and Women's Hockey lost $2.6 million, Women's lacrosse lost $1 million, Women's rowing lost $800k, Men's soccer lost $1.6 million, Women's soccer lost $1.2 million, Softball lost $1 million, Swimming and Diving lost $1.6 million, Tennis lost $600k, Volleyball lost $1 million, and Golf lost $200k.

Also, UConn spent slightly more than $60 million in 2013, yet was spending $80 million by 2017. Why the massive increase? It is not football (loss up $900k since 2014) or travel as those expenditures have been relatively stable. We spent $6.9 million on travel in 2014 and $7.3 million in 2018.

There are plenty of opportunities for improved revenues.

If you go back and look at the numbers, in 2014, when UConn was in the AAC, football generated $5.2 million in ticket sales vs. $3.3 million in 2017 and $2.4 million in 2018. Clearly, losing has had a dramatic impact on football ticket sales, so there is an opportunity for improvement.

Same with men's basketball. Attendance was at a 30 year low last year. Again, losing impacts ticket sales. In addition, AAC men's basketball has not done well in the NCAA tournament which negatively impactsunits/payouts. I think AAC basketball is improving, so units should improve leading to higher revenues, but that will take time. Honestly, Memphis and UConn need to pull their weight here.

Someone also needs to ask how the University and the Trustees can, under any scenario of fiscal responsibility, greenlight a very costly baseball/softball/soccer renovation given the current state of affairs. It’s criminal.

 

[billybud]

How do you call the ACC and ask if we dropped our football program would you be interested in us joining in all other sports?

Pick up phone. Dial phone. Ask for Swof. Start talking.

Responded to this comment...

Not happening IMHO...that's all...and I suspect that you, if you know all that, also know this.

 

[whaler11]

How do you call the ACC and ask if we dropped our football program would you be interested in us joining in all other sports?

Pick up phone. Dial phone. Ask for Swof. Start talking.

Responded to this comment...

Not happening IMHO...that's all...and I suspect that you, if you know all that, also know this.

I didn’t say it would work. I said that it should be something UConn pursues.

Hey-Soos

 

[Palatine]

UConn athletic department in 2018: generated $40 million in revenue, $81 million in expenses - Hartford Courant

Negative $41 million in revenue, $8.7 million of which is football (shocker) and $5 million of which is Men’s basketball. Also saw that $7.3 million went to team travel. Where are the guys that say we don’t want the big east? Maybe they can get the bill on this one.

I seriously question those numbers. How are scholarships treated? They are a loss on the books but in reality they are not monies paid out. You could also count every minute that UConn is on TV as earned media. That's how corporations measure it. I am sure UConn doesn't have earned media in the revenue column. And my guess is that there are a ton of other things that are buried or hidden or put in other columns.