The Private Equity College Sports Hellscape Thread | Page 11 | The Boneyard

The Private Equity College Sports Hellscape Thread

CL82

NCAA Men’s Basketball National Champions - Again!
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Did the discussion bring any interesting points to the table?

Imagine if we had P4 tv revenue - you'd have to think we'd jump up 30 spots or so.
Exactly. It seems that a large part of value is determined by media revenue. Thus schools who are on the outside, looking in, should be on the outside, looking in because they're worth less then the schools that are already in a P4 conference, because they have P4 media revenue. The reasoning is indisputably circular.
 
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I would take the CNBC numbers with a grain of salt. SD State had an athletic budget of $66 million last year, but the CNBC numbers show a revenue number of $104 million.
 
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The problem with the SEC programs is the SEC does not sponsor men's soccer. I think Texas will take over #1 soon.

It seems the valuations range from 2x to 4x annual revenues. UConn is just under 2x. Miss State is 4.5x, all because of football? UConn really takes a hit based on my last quoted paragraph. vvv So yes, it there is a great deal of upside for UConn if it joined a conference

"Ohio State University is the most valuable athletic program, worth an estimated $1.32 billion. The Buckeyes had $280 million in revenue in 2023, the most of any school. Other factors that helped propel the Buckeyes to the top of the rankings are an alumni base of over 600,000, a fan base of more than 11 million, boosters that donated nearly $60 million last year, and a football team that routinely has attendance of over 100,000 at its games."

"In aggregate, the SEC is worth $13.3 billion, an average of $832 million per school; followed by the Big Ten at $13.2 billion, an average of $734 million per school; the ACC at $9.6 billion, or $562 million per school; and the Big 12, at $6.7 billion, or $420 million per school."

"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. "

The problem is they lack men’s soccer? How is that remotely consequential?
 
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Seriously though.
If the SEC played men’s soccer they would no doubt claim that they invented the game.
Some of these SEC programs could really load up and pay for championships. At a minimum it would be a way to up their championship totals outside of basketball and football. They could hire the best of the best college players or recruit directly from Brazil and Argentina. Imagine Messi coaching at Miami. If Messi were to get involved, I'm sure a Florida or Texas could throw their hats into the ring to play semi-pro ball. Crazy talk but championships are championships.

The Sun Belt has a few P4 programs:
Kentucky
South Carolina
West Virginia
Central Floria
 
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Seriously though.

Some of these SEC programs could really load up and pay for championships. At a minimum it would be a way to up their championship totals outside of basketball and football. They could hire the best of the best college players or recruit directly from Brazil and Argentina. Imagine Messi coaching at Miami. If Messi were to get involved, I'm sure a Florida or Texas could throw their hats into the ring to play semi-pro ball. Crazy talk but championships are championships.

The Sun Belt has a few P4 programs:
Kentucky
South Carolina
West Virginia
Central Floria

Messi couldn’t be bothered.
 

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