1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Forbes: Football earnings in Big 12

Discussion in 'Colorado Football Message Board' started by Buffnik, Mar 21, 2011.

  1. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

    Joined:
    Mar 20, 2009
    Messages:
    80,733
    Likes Received:
    16,431
    Football Revenue
    University of Texas...$93,942,815.00
    University of Oklahoma...$58,295,888.00
    University of Nebraska...$49,928,228.00
    Texas A&M...$41,915,428.00
    Oklahoma State...$32,787,498.00
    University of Colorado...$26,233,929.00
    Texas Tech...$26,201,009.00
    University of Missouri...$25,378,066.00
    Iowa State...$19,974,924.00
    University of Kansas...$17,885,176.00
    Kansas State...$17,570,624.00
    Baylor University...$14,355,322.00

    http://blogs.forbes.com/sportsmoney/2011/03/20/whos-making-money-in-big-12-football/

    Here's the Pac-10: http://blogs.forbes.com/sportsmoney/2011/03/04/pac-10-financials-show-little-athletics-profit/

    We will move from 6th to 5th when we join the Pac-12 while being less than $8 million behind the leader (vs nearly $70 million behind the Big 12 leader).

    Also, if you scroll down and check out "Expenses" you'll see that CU is running a very efficient program. In fact, we're not putting enough back into the program. This is a big reason why we need basketball to become a profit center, need to see a better media contract, and need to increase donor levels.
     
  2. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

    Joined:
    Jul 11, 2005
    Messages:
    12,553
    Likes Received:
    207
    almost $100,000,000.00 in revenue.. that is unbelievable.

    What do they do with all the extra money!?!? The entire athletic department budget is almost as much as the football revenue.
     
  3. BuffNut99

    BuffNut99 Club Member Club Member

    Joined:
    Nov 19, 2008
    Messages:
    13,088
    Likes Received:
    2,503
    So KU is the hostess, KSU the waitress and Baylor is bussing tables.
     
  4. NashBuff

    NashBuff CSU Knob-Slobberer

    Joined:
    Jun 30, 2009
    Messages:
    3,909
    Likes Received:
    57
    [​IMG]
     
    dply likes this.
  5. GoBuffs08

    GoBuffs08 Well-Known Member

    Joined:
    Aug 12, 2008
    Messages:
    4,813
    Likes Received:
    647
    We really need basketball to improve. Right now CU athletics has a profit under $1mil at the end of the year. This is why we get stuck with crap like D2D for extra years.

    We really need the Pac12 TV deal to be at a minimum $15mil per school. Which should give us between $5-$8mil additional in the athletic department per year that we didn't see in the big 12.
     
  6. sackman

    sackman Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    48,522
    Likes Received:
    4,514
    Part of what makes UT such a money earner is the fact that they have a 100,000+ seat stadium. That's twice the size of Folsom, and they probably charge more per seat than CU does, and make more off of concessions, parking, etc.

    When CU is in a position to expand Folsom, it really needs to do so. A 53,000 seat stadium won't cut it, long term. We'll need it to be 80,000+ in order to really compete with the rest of the college football elites.
     
  7. Del

    Del Member

    Joined:
    May 25, 2010
    Messages:
    1,072
    Likes Received:
    24
    Sacky is right. I know that that tickets usually start at $43.00 and go up from there. I saw that we were charging like $15.00 last year -- UT charges 3 times the price and has twice the capacity.
     
  8. Jens1893

    Jens1893 Moderator Club Member Junta Member

    Joined:
    Oct 15, 2005
    Messages:
    33,958
    Likes Received:
    3,280
  9. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

    Joined:
    Jul 11, 2005
    Messages:
    12,553
    Likes Received:
    207

    Not really any reason to expand when there's no sell-outs, waiting lists, etc. right now.

    If CU gets to the point that it sells out EVERY GAME for a season -- then I think expanding the stadium might be a good idea.
     
  10. sackman

    sackman Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    48,522
    Likes Received:
    4,514
    You apparently missed the part of my post that said "When CU is in a position to expand Folsom..."

    We're not in that position right now. I fully understand that.
     
  11. Del

    Del Member

    Joined:
    May 25, 2010
    Messages:
    1,072
    Likes Received:
    24
    Hopefully our donations will go up as well. Look at Alabama with 33 million in donations and Texas at 27 mill. We have a lot of ground to make up on this front as well. Hopefully the excellence fund will help.
     
  12. absinthe

    absinthe Ambitious but rubbish. Club Member Junta Member

    Joined:
    Dec 1, 2006
    Messages:
    25,890
    Likes Received:
    1,508
  13. sackman

    sackman Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    48,522
    Likes Received:
    4,514
    Where are you getting those numbers?

    By my napkin math, the football team with 85 scholarships at roughly 20,000 each comes to $1.7MM/Year. If the school is subsidizing the AD to the tune of $5.5MM, the AD is still ahead of the game, even if you add in basketball, track, soccer, etc scholarships.
     
  14. GregInArlington

    GregInArlington Well-Known Member

    Joined:
    Jul 5, 2010
    Messages:
    4,909
    Likes Received:
    534
    Face value for the worst tickets at UT are I think around $70 per game. Have to pay at least $80 per game with anything where you get a decent view of the field. That is of course after you pay your initial "donation" to the athletic department and hundreds of dollars in yearly "donations"
     
  15. absinthe

    absinthe Ambitious but rubbish. Club Member Junta Member

    Joined:
    Dec 1, 2006
    Messages:
    25,890
    Likes Received:
    1,508
    I am getting it from the column on the linked spread sheet titled:

    "Tuition, aid for student athletes"
     
  16. NashBuff

    NashBuff CSU Knob-Slobberer

    Joined:
    Jun 30, 2009
    Messages:
    3,909
    Likes Received:
    57
  17. Buffellow85

    Buffellow85 Well-Known Member

    Joined:
    Oct 25, 2009
    Messages:
    4,628
    Likes Received:
    164
    HUsker fans make up for it by buying any red piece of **** with the letter N on it they can get their hands on
     
  18. Unleash Hell

    Unleash Hell Well-Known Member

    Joined:
    Jul 8, 2005
    Messages:
    22,245
    Likes Received:
    648
    Oklahoma could never sell out EVERY game yet they expanded
     
  19. btbuff

    btbuff It's an inside joke Club Member

    Joined:
    Jan 24, 2011
    Messages:
    3,751
    Likes Received:
    69
    Pay their football coach 5 million a year. That definitely takes up a significant chunk.
     
  20. buffedup

    buffedup Cooler than a Popsicle Stand. Club Member

    Joined:
    Dec 18, 2006
    Messages:
    7,586
    Likes Received:
    846
    Out of curiosity for you bean counters. What if Folsom were expanded to say 60-65k, and seating prices lowered by about 1/3 and Colorado started pulling in on average about 10k more attendance per game(55-58k) with the corresponding concessions increases? Is this feasible? And if so why wouldn't we do it?
     
  21. sackman

    sackman Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    48,522
    Likes Received:
    4,514
    I'm sure UT plows a lot of that cash into facilities and endowments. The kinds of things that will pay dividends for the department even when their on-field/court performance sucks.
     
  22. sackman

    sackman Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    48,522
    Likes Received:
    4,514
    I think part of the problem is that they don't know if they could get 60K into that stadium, regardless of price. Until there's an indication that there's a demand for additional seating, spending the money to expand doesn't make financial sense. You run the risk of selling 50K seats for 2/3 the price of what you were charging before.
     
  23. Denver_sc

    Denver_sc Club Member Club Member

    Joined:
    Nov 10, 2007
    Messages:
    2,646
    Likes Received:
    1,062
    That, and creepy racist statues.

    Also, holy balls... Phil's Kids got $73M in donations last year! That's more than all but 26 programs have in TOTAL REVENUE (and the Huskers are the 26th and just barely over that number). I'd feel pretty ripped off if I was T. Boone considering where those two programs finished last year.
     
  24. Sexton Hardcastle

    Sexton Hardcastle Club Member Club Member

    Joined:
    Jul 11, 2005
    Messages:
    17,472
    Likes Received:
    367
  25. absinthe

    absinthe Ambitious but rubbish. Club Member Junta Member

    Joined:
    Dec 1, 2006
    Messages:
    25,890
    Likes Received:
    1,508
  26. Sexton Hardcastle

    Sexton Hardcastle Club Member Club Member

    Joined:
    Jul 11, 2005
    Messages:
    17,472
    Likes Received:
    367
    I always heard the program had a very tough time selling the suites. No?
     
  27. Unleash Hell

    Unleash Hell Well-Known Member

    Joined:
    Jul 8, 2005
    Messages:
    22,245
    Likes Received:
    648
  28. Sexton Hardcastle

    Sexton Hardcastle Club Member Club Member

    Joined:
    Jul 11, 2005
    Messages:
    17,472
    Likes Received:
    367
    The 90's are long gone my friend.
     
  29. Unleash Hell

    Unleash Hell Well-Known Member

    Joined:
    Jul 8, 2005
    Messages:
    22,245
    Likes Received:
    648
    This has nothing to do with the 90's
     
  30. BlackNGold

    BlackNGold Club Member Club Member

    Joined:
    Jul 8, 2005
    Messages:
    4,502
    Likes Received:
    609

    You are starting with the assumption that price is the deciding factor in getting fannies in the seats. It has been shown time and time again that it is winning.
     

Share This Page