college revenues--tOSU #1

[slickman]

Go Flashes...?

Kent State needs to do a much better job of marketing their football. The stadium is too far from campus for kids to walk over to and the games should never be Saturday Day Games. They should play every game on Tuesday or something so that people want to come and watch.

866k in Football revenues.

Good thing there are lots of wealthy alumni and the Liquid Crystal Institute.

 

[scott91575]

Please tell me everyone noticed that women's sports are a complete drain on universities. There are very few that actually make money (what is the deal with CUSA, do they really love women's sports that much?). I love the Central Michigan figure. Revenues and expenses are exactly the same. Yeah, right. At least a few fudged by a couple of dollars.

Thank you title IX for taking away money in order for us to have women's rowing. Where would I be without it. Oh yeah, a few less dollars in debt since that money for scholarships and athletic spending could have been used for all the students...including scholarships and financial aid for all students. If you want to force a college to promote the better good, how about making them use profits for academic scholarships and other academic endeavors? Well, I guess we got a kick ass women's hockey national team out of it.

 

[VprHis]

Admitted, women's sports are not big moneymakers... but what is the purpose of collegiate athletics? Entertainment is a large part of it, yes, and that's where the money comes in. At the same time, however, think of the opportunities collegiate athletics provide for the student athletes. Scholarships for some, the mere joy of competing for others. The opportunity to represent your university and your state. I knew a few female athletes at OSU, none were on scholarships, but they all took immense pride in the opportunity to represent OSU... pride that is not always obvious to participants in the 'money' sports.

OSU has a massive athletics department, and the bulk of it is funded by football. Why not take pride in the fact that things are so well managed, rather than griping about spending some money to enrich the lives of quite a few buckeyes?

 

[Bucklion]

I agree...women's sports are perfectly fine, can be entertaining, and are great for giving girls, just like boys, the chance to go to college. What I wish is that all those jabronis out there who always say "The University obviously pockets all that football money and probably uses it for something unsavory" to understand that the revenue generated from football and hoops goes to pay for a hell of a lot of deserving student athletes to be able to compete and represent, and get a scholarship doing it. Money for these things doesn't grow on trees, and our athletic budget is where it comes from.

 

[HabaneroBuck]

Admitted, women's sports are not big moneymakers... but what is the purpose of collegiate athletics? Entertainment is a large part of it, yes, and that's where the money comes in. At the same time, however, think of the opportunities collegiate athletics provide for the student athletes.

Yeah, but South Carolina and Wake Forest have over 10,000% markup! I found the women's numbers amusing, I must admit. There were about seven or eight programs that were self-sufficient.

But, I will grant that lots of sports (including almost all of the male sports) are drains on resources. Wrestling, soccer, swimming, etc...they all cost way more than they make.

Do "revenues" include portions of apparel sales and the like? Doesn't look like it to me, since they are counting things like "football" revenue. I recall from another list that we were top ten in apparel sales, but were not #1 in that area.

 

[Oh8ch]

1. I am not a fan of paying players (can't conceive of a workable system).
2. I agree that everyone needs to follow the rules.

That said, isn't it just a teeny bit ironic that Maurice Clarett is ineligible because someone paid his cell phone bill and the program which he helped lead to a NC can make THIRTY MILLION DOLLARS in a single season? That is AFTER paying Jim Tressels million dollar salary as part of expenses.

That works out to $352,941 profit per scholarship football player. (In case you are wondering that is more than the cost of tuition.)

Much of this profit comes from $50 jerseys that the University can sell with players numbers on the back (no names - but we all know who #7 is). However, if a kid signs one of those jerseys in exchange for $20 he is in violation of NCAA rules.

What a racket.

 

[Bucklion]

One could argue that the players whose jerseys are flying off the racks like #7 utilize the coaching, connections, and exposure of a high profile program like Ohio State to garner millions of dollars for themselves when they turn pro (anyone think Willis McGahee iis drafted in the first round if he was hurt playing his last game for Temple?). So, they get their millions. It's the backup tackle that no one pays to see that gets their full ride for four years (which can run quite a bit for an out-of-stater especially) with that money. I agree one can see it as a racket, but the "high dollar" athletes are not victims either.