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Big 12 Men's Basketball Revenue: Why success is vital to CU

Discussion in 'Colorado Basketball Message Board' started by Buffnik, Nov 9, 2009.

  1. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    Here is how the Big 12 schools rank in allocated men's basketball revenue (2007):

    1. Texas ($14.8 MM)
    2. Kansas ($14.6 MM)
    3. Oklahoma State ($9.7 MM)
    4. Texas A&M ($9.3 MM)
    5. Missouri ($8.0 MM)
    6. Oklahoma ($6.4 MM)
    7. Nebraska ($6.3 MM)
    8. Kansas State ($6.2 MM)
    9. Texas Tech ($3.8 MM)
    10. Colorado ($3.8 MM)
    11. Iowa State ($3.8 MM)
    12. Baylor ($3.5 MM)

    Big 12 Average (Men's Basketball): $7.5 MM

    The finances clearly shake out into 4 Tiers of basketball programs in the Big 12:

    Tier I = Texas and Kansas
    Tier II = Oklahoma State, Texas A&M and Missouri
    Tier III = Oklahoma, Nebraska & Kansas State
    Tier IV = Texas Tech, Colorado, Iowa State and Baylor

    If we could make the jump from Tier IV into Tier III, we'd pull in another $2.5 million. Reaching the Big 12 average MBB revenue would be about $3.7 million per year. And a jump to Tier II (long-term goal) would net CU about $5.2 million extra per year.

    This can only be achieved through winning. We need to be on TV. We need to be in a postseason tourney every year. We need to pack Coors.

    4 days to tip off! GO BUFFS!

    * All numbers rounded to the nearest $100,000.
    Source: US Dept of Education
     
    Last edited: Nov 10, 2009
  2. tante

    tante Club Member Club Member

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    I am surprised the mens basketball team makes that much money. I thought that they didn't have enough revenue to cover their expenses.
     
  3. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    They're right around break even. +/- $100,000 a year. The Big 12 money saves our bacon.
     
    Last edited: Nov 10, 2009
  4. BuffAlum2007

    BuffAlum2007 Club Member Club Member

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    Biggest surprises for me on that list are how much Nebraska pulls in and how little ISU makes...would've figured those two to be flip-flopped...
     
  5. dio

    dio Admin Club Member Junta Member

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    I'm not a bball fan, but I will try to swing by for a few games this season.
     

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