Seth Greenberg on UConn & the Big East

[Guapo]

Rank Team Conference Revenue Expense Allocated
46 Connecticut AAC $79,229,275 $79,211,704 $35,270,821
53 Central Florida AAC $59,379,453 $59,379,453 $26,838,366
54 Cincinnati AAC $59,062,156 $57,977,434 $24,892,123
57 Houston AAC $51,469,297 $52,204,566 $25,155,485 48.87
58 Memphis AAC $50,027,341 $50,115,251 $18,364,385
60 South Florida AAC $47,160,819 $48,405,191 $23,403,049
65 East Carolina AAC $44,613,084 $45,814,967 $18,897,030

No NBE since they are not public universities.

Thanks @Guapo my search showed the methodology but not the figures.

@frankthetank

UConn, UCF and UC ahead of a number of P5 schools.

 

[Guapo]

UConn, UCF and UC ahead of a number of P5 schools.

Well, really just UConn...

 

[Guapo]

Oh I totally get that.

How kind of the students to so generously subsidize the athletic department through totally, definitely, 100% voluntarily fees!

 

[CL82]

the rank is of all national colleges? If so, wow, not bad.

I think just publics but it is still pretty decent.

 

[Guapo]

They have 79 million in revenue (including "voluntary" student fees) and nearly the same amount of expenses

 

[Guapo]

To be fair, FSU has an operating deficit of 7.5 million

 

[CL82]

The bulk of that is typical accounting: revenue = expenses.

This is the number you want to pick out school contributions: $26,990,210. and the $8,280,611 in student fees. These numbers aren't sustainable in the long run, in my view.

Keep in mind that UConn charges several none D1 costs such as club sports, and student recreation costs in this number. They appear in the $2.8M facilities overhead costs and the $27,839,559 in other expenses.

Note that UConn is maintaining a P5 level program without P5 level TV money. That's how many of the P5 look a bit rosier than us.

 

[Guapo]

Through voluntary student fees

So, you know, it's totally cool

 

[CL82]

Take a look at any of the others. Once you are out of the top 10, that vast majority are showing Revenue and Expense to be about equal. That isn't surprising nor particularly noteworthy.

Do you have PC's numbers? Just curious.

 

[CL82]

It obviously isn't, if you look at the numbers.

 

[Guapo]

Well, in total the student fees account for about 85 million so...

 

[Guapo]

Excuse me, I had my math wrong;

It's about 55 mil in total (not just going towards the AD, just in general)

 

[CL82]

I have said that UConn's contribution rate is, in my view, unsustainable. I also do not believe it is a $35M gift from the university as some student recreation expenses (rec. center operation budget is in there, I believe) have always been paid for from the AD budget. Regardless, without any meaningful TV money, UConn athletics generates about $44M in revenue.

Regarding PCs situation, well feel free to post financials. I'd be surprised if they have $30M in outside revenue. Very surprised, in fact. And it would not surprise me in the least if some of the $14M in student services PC pays each year found it's way into the AD.

Finally, even with the student fees, UConn is less expensive that PC for a more highly valued degree.

 

[CL82]

Yep, we're posting past one another. I just saw it.

First this is a survey, not financials, so it isn't clear how these numbers were calculated.

Second, hockey does well for you guys. Soccer is pretty good too.

Third, man you pay your women's head coaches $83k on average? That's a tough admission on sport equity survey.

Finally, if you read the description of the revenue numbers, it expressly includes institutional support. Without a breakout, it is impossible to tell how much is or isn't there.

 

[CL82]

Thanks. If you link it I don't mind going through it.