UConn athletic department in 2018: generated $40 million in revenue, $81 million in expenses | Page 2 | The Boneyard

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

CTMike said:
Spin it any way, this is the beginning of the end of our AD as we know it.
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don't tease us - you do mean the db DB, right?
 
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whaler11 said:
Does anyone member when @jimmyserraro was mocked for suggesting the football program be dropped? i do...
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People here thought HF.D was a lunatic. Search posts by @Voldemort everything he said SIX YEARS AGO is exactly how all this has played out.

but the blue goggled mods couldnt handle the truth. Shame
 
SirHypeAlot said:
People here thought HF.D was a lunatic. Search posts by @Voldemort everything he said SIX YEARS AGO is exactly how all this has played out.

but the blue goggled mods couldnt handle the truth. Shame
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I mean... he was a lunatic... but he understood the urgency then much better than most.
 
metsfan2323 said:
If cuts need to be made, cut everything but Basketball, Football and Hockey. Those are the only three sports that generate real interest.

I'm a baseball fan first, but big time college baseball in the Northeast is a joke because of the weather. They spend the first month of the season on the road and then come home to snow, ice and rain, as soon as it gets warm out they are back in Florida for the season ending tournament..and enough with the we used to be great in soccer, nobody cared then and nobody cares now.
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If they aren’t going to drop football the sport to drop is hockey. They lose bundles renting XL and when that is shuttered they are homeless.

Then they can shelve the pathetic building they were going to waste money on.
 
SirHypeAlot said:
People here thought HF.D was a lunatic. Search posts by @Voldemort everything he said SIX YEARS AGO is exactly how all this has played out.

but the blue goggled mods couldnt handle the truth. Shame
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i/got/a/feeling/not/everything/worked/out
 
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Shenkman 2025: The Susan Herbst Center for Diversity, Inclusion, and Acceptance
 
metsfan2323 said:
If cuts need to be made, cut everything but Basketball, Football and Hockey. Those are the only three sports that generate real interest.

I'm a baseball fan first, but big time college baseball in the Northeast is a joke because of the weather. They spend the first month of the season on the road and then come home to snow, ice and rain, as soon as it gets warm out they are back in Florida for the season ending tournament..and enough with the we used to be great in soccer, nobody cared then and nobody cares now.
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That's crazy
Baseball, Soccer and Field Hockey are important to the school
Besides all this talk of cutting sport no way due to regs etc will the gov't allow UConn to keep one or two women's sports
 
gtcam said:
That's crazy
Baseball, Soccer and Field Hockey are important to the school
Besides all this talk of cutting sport no way due to regs etc will the gov't allow UConn to keep one or two women's sports
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Football with its 85 scholarships keeps several women's sports alive (including field hockey) so that part of your argument is BS.......and please elaborate on the importance of baseball and soccer with attendance and TV viewership figures. If few purchase tickets to attend and nobody watches on TV (if they are even on TV) it's probably not nearly as important as you think it is.
 
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whaler11 said:
Does anyone member when @jimmyserraro was mocked for suggesting the football program be dropped? i do...
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I don’t see how anyone gets a prize or pat for predicting the hard times we would have post big east. It was very foreseeable. It’s why board has been a basketcase since the AAC was born. It’s just that not everyone comes here to only talk doom and gloom.
 
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A majority of the football deficit can be directly tied to attendance. When we had a full stadium- we were earning another $6Million in ticket revenue. If we could get attendance up...…..
 
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Exit 4 said:
I don’t see how anyone gets a prize or pat for predicting the hard times we would have post big east. It was very foreseeable. It’s why board has been a basket cast since the AAC was born. It’s just that not everyone comes here to only talk doom and gloom.
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@CTMike You wanna tell Jimmy or should I?
 
To anyone who thinks UCONN should drop football, please remember that the state of CT also funds a full scholarship football team at Central, can we please make sure that program is eliminated by the state before we eliminate the one that people actually care about.
 
whaler11 said:
@CTMike You wanna tell Jimmy or should I?
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Jimmy grayed out again? Jimbo has a difficult time using this forum. I think he’s too tough for the soft hands that frequent this place. He should be coaching a pee wee football program somewhere, turning boys to men.
 
metsfan2323 said:
To anyone who thinks UCONN should drop football, please remember that the state of CT also funds a full scholarship football team at Central, can we please make sure that program is eliminated by the state before we eliminate the one that people actually care about.
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It’s 40 scholarships and the CSU funding is going to go to zero in the next budget so they will be scrambling to keep the lights on.

I wouldn’t be shocked if Central completely drops athletics completely. They left their AD position vacant for 10 months to save on the run rate.
 
Exit 4 said:
Jimmy grayed out again? Jimbo has a difficult time using this forum. I think he’s too tough for the soft hands that frequent this place. He should be coaching a pee wee football program somewhere, turning boys to men.
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Jimbo is an insightful poster who gets what is going on better than 98% of the sycophants who post here. But insight and quality of post aren’t the metrics that keep one in good graces.
 
whaler11 said:
It’s 40 scholarships and the CSU funding is going to go to zero in the next budget so they will be scrambling to keep the lights on.

I wouldn’t be shocked if Central completely drops athletics completely. They left their AD position vacant for 10 months to save on the run rate.
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Fine, but lets see that happen before UCONN football gets cut.
 
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metsfan2323 said:
Fine, but lets see that happen before UCONN football gets cut.
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Not really how it works... UConn gets a block grant that it determines how to use.

But the CSU will stupidly be completely destroyed by the legislature in the next cycle.
I suspect all sports at Central are DOA.
 
Does anyone know how the cost of a scholarship is determined in this 40 million budget deficit figure? Are they costing a scholarship out at retail value, or real incremental cost to the school?
 
metsfan2323 said:
Does anyone know how the cost of a scholarship is determined in this 40 million budget deficit figure? Are they costing a scholarship out at retail value, or real incremental cost to the school?
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I suspect the retail rate.

That’s the right number to use though because if Johnny Linebacker wasn’t in class and the dorm, that spot would be filled by Sally Out of State who pays full freight.

So while their is margin in the number they use, it reflects the opportunity cost they could collect elsewhere.
 
whaler11 said:
I suspect the retail rate.

That’s the right number to use though because if Johnny Linebacker wasn’t in class and the dorm, that spot would be filled by Sally Out of State who pays full freight.

So while their is margin in the number they use, it reflects the opportunity cost they could collect elsewhere.
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I agree with you that it is probably retail because that would generate the largest cash subsidy from the state, they probably even jack it up to the out of state retail value if the state lets them, but I don't agree with you about the opportunity cost part, I suspect that part is far more complicated.
 
metsfan2323 said:
I agree with you that it is probably retail because that would generate the largest cash subsidy from the state, they probably even jack it up to the out of state retail value if the state lets them, but I don't agree with you about the opportunity cost part, I suspect that part is far more complicated.
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UConn is funded by a block grant. If they play games with the cost of the scholarships they are just moving money across departments within the University.

It’s pretty simple that UConn has X amount of slots for students. If they didn’t sponsor football they would have 85 paying students in lieu of scholarship football players.

If you want to pretend a football players scholarship has no marginal cost you are essentially arguing that enrollment in the University has no cap.
 
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whaler11 said:
If you want to pretend a football players scholarship has no marginal cost you are essentially arguing that enrollment in the University has no cap.
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Of course there is a marginal cost for a scholarship I just highly doubt it truly equates to the retail cost or anything close to retail.
No business sells a product at cost they sell it to make a profit.
 
I guess the numbers speak for themselves. The football program has just dug a deeper hole. Does this surprise anyone...................NO. Will things change.........................Probably NO...................................Will Uconn ever get out of the financial hole it's in?.........................NO. As long as the product sucks, the conference sucks, and the administration sucks, NOTHING will change. Enjoy the ride to oblivion.
 
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. At the very least, their value is marked up beyond what they cost the university.

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 that is many millions of dollars.

And my guess is that there are a ton of other things that are buried or hidden or put in other columns. Where is the Nike deal? Dnon't we get ten million a year from that?
 
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metsfan2323 said:
Does anyone know how the cost of a scholarship is determined in this 40 million budget deficit figure? Are they costing a scholarship out at retail value, or real incremental cost to the school?
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Pretty sure that there are rules that require the former method.
 
In 2017....according to NCAA report..

Salaries and benefits = 31%; Grants-in-aid = 26%. These two expense items account for 57 percent of total expenses.
 
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