Key tweets, and it's all gone to Hell. | Page 960 | The Boneyard

Key tweets, and it's all gone to Hell.

ZooCougar said:
The Big 12 is the intended audience for this news. This is to show that we are financially strong.
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That number just seems a bit off (or this year's number is going to be much higher). The school reported about 179,000 tickets sold last year for 16 game, which works out to $18/ticket. Even if you assume 3,000 students per game (which feels high, considering Hartford), that still works out to $24/ticket.
 
JMick said:
I don't even understand how a merger of conferences happens. The schools just vote behind Vals back?
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You should have been in the room with the "Old Big East"(hoops) AD's) when CBS announced a TV contract with the FB arm of the Big East. The Hoops AD's(including Lew Perkins) had no idea that was coming. All of a sudden the power of FB was shown in a very real way. That tail wagged the heck out of that Dog.
 
UConn Dan said:
I think referring to this list:

61. Washington State
66. Oregon State
67. San Diego State

71. UConn

72. Boise State
73. East Carolina
74. South Florida
75/ Memphis
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"The revenue figures are from the Department of Education’s Equity in Athletics Data Analysis and the Knight Commission on Intercollegiate Athletics for the fiscal year 2023. The list is reflective of the current enterprise value of each program, starting with a base revenue multiple of four for all institutions, and then adjusting the multiple for variables, including conference affiliation, estimated NIL spend, school subsidies, number of alumni and other factors that can catalyze future revenue growth and profitability".

So apparently it reflects when those schools were in the original PAC 12.

Have no idea why UConn Football would tweet that when it doesn't accurately reflect current conditions. Benedict should tell them to delete it.
 
upstater said:
I don't understand San Diego State being that high but Washington St and Oregon St are understandable if you're including PAC12 TV revenue as well as PAC12 exit fees in their valuations.
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I think the SD State numbers are skewed by building the new football stadium. It was financed with $85 million of donations/seat licenses and with $225 million of bonds which SD St. is responsible for. And, Snapdragon Stadium also houses men's and women's pro soccer, international soccer events, Holiday Bowl, Monster Jams, rugby, and concerts. Since SD St. owns the stadium, I think the reported revenues and expenses shot up to take into account the new stadium and the other events.

Total revenues 2022: $65.9 million
Total revenues 2023: $103.9 million

Here are the revenue outliers:
Donations: 2021: $10.8 million, 2022: $19.7 million, 2023: $38.4 million
Corp. sponsorships, advertising, Licensing: 2021: $1.9 million, 2022: $2.7 million, 2023: $10.9 million

On the spending side:
Facilities, debt service, equipment: 2021: $7.6 million, 2022: $19.7 million, 2023: $30 million

Football spending: 2022: $18.5 million, 2023: $20.1 million
 

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