Author Topic: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)  (Read 2596 times)

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Offline sonofdaxjones

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1.  Texas $138.5 Million
2.  Texas A&M $98 Million
3.  OU $81.4 Million
4.  NU $74.8 Million
5.  KU $69.98 Million
6.  MU $63.13 Million
7.  OSU $55.9 Million
8.  TT 55.8 Million
9.  CU $49.8 Million
10.  BU $48.5 Million (Via DOE Equity in Athletics Disclosure not USA FOIA requests, Baylor is a private school).  
11.  KSU $48.41 Million
12.  ISU $45.8 Million

Some Notes:  ku was down $13 million in gross revenues 2007-2008 to 2008-2009 and according to Lew Perkins in a USA Today article in April is currently operating in the red, their 07-08 to 08-09 Net Revenues plummeted as well, they were $17 million in the black in 07-08 down to just around $2 million in the black in 08-09.  Of course based on what I hear from WEF Elites, who knows if these numbers are correct . . . Lew freaked after the K-State audit, and cooked their books according to Elite WEF's, and thus that's one reason why so called "auditors" didn't detect all the money laundering and fraud with the tickets. 
 
K-State operated in the red for 2008-2009 likely due to buyouts and loss in investment revenue, Gross Revenue was down about $1 million, and as stated net revenue dropped from around +8,  to -2.7 million . . . which now that I think about was almost exclusively due to loss in the investment value of the athletic endowment.  

OSU was $17 million in the hole due to losses in investment revenue which Boone Pickens wrote a check to cover.   A&M showed strong Net Revenues, but they had to borrow $16 million from the school so I don't know how they got their numbers, nor do I understand why they recently had to borrow so much money.  

One Wildcard in this is Baylor which does not show athletic capital improvement giving as revenue on the athletic department books (other athletic departments do this as well) . . . they've built about $50 million dollars in new facilities down in there in the last 3 years, all privately funded.   So that's a school that quietly has a lot of money.

Texas shows why everybody else is their bitch.  

http://www.usatoday.com/sports/college/ncaa-finances.htm?loc=interstitialskip













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« Last Edit: June 05, 2010, 10:26:29 AM by sonofdaxjones »

Offline BMWWcat

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #1 on: June 05, 2010, 02:48:16 PM »
so basically every 2 years texas spends more on sports than our entire university endowment?

 :cry:
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Offline pissclams

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #2 on: June 05, 2010, 03:49:56 PM »
how does OSU make that much? 


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Offline CHONGS

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #3 on: June 05, 2010, 04:06:31 PM »
Good to see our athletic department is still running a net loss operation.

Offline sonofdaxjones

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #4 on: June 06, 2010, 07:42:07 AM »
Good to see our athletic department is still running a net loss operation.

Actually K-State has only run at a net loss once in the last . . . well in a long time.

They were nearly $8 million in the black the year before.


Online kstater

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #5 on: June 06, 2010, 08:37:25 AM »
You'd think that with nearly triple the revenue, Texas would be able to beat the Cats occasionally in at least one sport.

The42Yardstick

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #6 on: June 06, 2010, 03:35:15 PM »
how does OSU make that much? 

A certain Texas oilman

Sugar Dick

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #7 on: June 06, 2010, 11:03:24 PM »
why doesn't the USA Today do some back breaking journalism and use the FOIA get the Operating Costs part?  Would like to know the AD is at least breaking even or netting a gain.

Plus UT has like 15 more sports than we do, probably takes more money to operate those.  This of course makes their competitive advantage only gargantuan rather than uberdiculous like it looks.

Offline sonofdaxjones

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #8 on: June 06, 2010, 11:08:23 PM »
Apparently you didn't click the link and look at what they put together SD.


Sugar Dick

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #9 on: June 06, 2010, 11:17:41 PM »
Obviously Apparently you didn't click the link and look at what they put together SD.



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Offline pissclams

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #10 on: June 07, 2010, 10:15:13 AM »
how does OSU make that much? 

A certain Texas oilman
Are donations factored into revenue? I wouldn't expect them to be. 


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Offline sonofdaxjones

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #11 on: June 07, 2010, 10:22:45 AM »
In 2008-2009 on paper OSU lost $17 million dollars because they lost almost all of T. Boone's original investement in T. Boone's oil trading deal that they invested all the money in . . . as you may recall in order to cover the shortfall and finish paying for the stadium renovations T. Boone had to write them another large check. 

Had they just stuck T. Boone's money into some nice "safe" (relative in this market) investments, they'd be sitting pretty.  As it stands now they had to place their planned indoor facililty and athletic village on hold. 

Offline pissclams

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #12 on: June 07, 2010, 10:26:43 AM »
In 2008-2009 on paper OSU lost $17 million dollars because they lost almost all of T. Boone's original investement in T. Boone's oil trading deal that they invested all the money in . . . as you may recall in order to cover the shortfall and finish paying for the stadium renovations T. Boone had to write them another large check. 

Had they just stuck T. Boone's money into some nice "safe" (relative in this market) investments, they'd be sitting pretty.  As it stands now they had to place their planned indoor facililty and athletic village on hold. 
I know you're not questioning their strategy but it should be noted that they did what was considered the "right thing" with the money at the time.


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Offline EuroCat

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Re: Big 12 2008-2009 Operating Revenue (Source USA Today via FOIA)
« Reply #13 on: June 07, 2010, 10:15:30 PM »
Anybody think Texas wants to leave the Big 12 to join with us as the first and only 2 school BCS conference? Would be pretty elite playing the CTR 8 times a year plus the conference championship game :love: