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Sports => Snyder's Electronic Cyber Space World => Topic started by: sonofdaxjones on October 31, 2007, 10:53:48 AM

Title: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 10:53:48 AM
KSU FY 2007

Gross Revenue-$48,346,511 (year over year increase of $4,935,000 million)

Net Revenue-$8,728,511 (a year over year increase of $151,635)

Football Revenue-$21,730,191 (a year over year increase of $2,958,690)

Basketball Revenue-$5,480,852 (a year over year increase of $1,759,642)

Total Expenses-$39,618,000 (a year over year increase of $4,783,533)

Notes:

Women's basketball revenue was down $413,732 year over year.

Athletic accounting practices vary by a great degree, and nobody is saying there was $8.7 million in cash just laying on Timmy Weiser's desk on 7/1/2007, but what it does say is that KSU athletics is extremely healthy financially.   Plus, unlike a certain school down the road, KSU athletics isn't f_cking the students to the tune of $3 million dollars per school year to pay for sports that 99% of the students don't give a f_ck about and build facilities that 99% of the students will never set foot in.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 10:58:55 AM
FINALLY!
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 11:02:14 AM
I know . . . also revenue not allocated by sport was up about $500K to $19.715 million.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:06:58 AM
I know . . . also revenue not allocated by sport was up about $500K to $19.715 million.

 :ksu:
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 11:08:40 AM
I know . . . . :ksu: :ksu: :dancin: :dancin: :ksu: :ksu: :ksu: :ksu: :ksu: :cheers: :cheers:
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:10:18 AM
What are we going to spend our riches on?  I vote for a tower filled with gold nuggets and treasure chests ala Scrooge McDuck.  We will need to hire GizmoDuck to protect it from those god damned Beagle Boys though.
Title: Re: The 2007 EADA Report is here!!
Post by: pissclams on October 31, 2007, 11:10:51 AM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:11:58 AM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

QFMFT
Title: Re: The 2007 EADA Report is here!!
Post by: ew2x4 on October 31, 2007, 11:14:54 AM
What are we going to spend our riches on?  I vote for a tower filled with gold nuggets and treasure chests ala Scrooge McDuck.  We will need to hire GizmoDuck to protect it from those god damned Beagle Boys though.

SEATON HALL   :chainsaw: :chainsaw: :chainsaw:
Title: Re: The 2007 EADA Report is here!!
Post by: cireksu on October 31, 2007, 11:15:32 AM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

Wish Tim could axe everything except MBB and FB, and throw all resources at those 2.
Title: Re: The 2007 EADA Report is here!!
Post by: yosh on October 31, 2007, 11:18:02 AM

Tim Weiser is awesome!!  I love him!!


 :eek:

 :peek:
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 11:25:05 AM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

Sure, I can see that.  But keep this in mind . . . at the other school they only offer 2 more non-revenue sports than KSU does and I've heard of no plans to add any more.   They are using part of those student fees to build a crew house for the rowing team . . . KSU built a new crewhouse with private money.   They're always bragging about how much money they have from donors, and they run a bigger budget surplus than KSU does, plus have one of the most bloated athletic administrations in all of NCAA sports . . . and are contributing money back to things like a cancer research center (very admirable, but purely a PR move).   In essence they don't need the student fees, but have no shame in taking them.   When KSU has used student fees for athletic facilities it ensured that the students had some of the best seats, and allowed those facilities to be used for non-athletic events like Landon Lectures, SGA events etc. etc.  I don't see a crewhouse on the Kansas river in Lawrence hosting a lecture from Bill Clinton anytime soon.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:30:02 AM
Tower filled with gold nuggets and treasure chests > crew house (< wtf is that?  A garage for those skinny boats?)
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 11:33:09 AM
I agree, I'll take a Katpak Tower of Timmy over a crewhouse any day.  Imagine that gameday crew broadcasting from the Katpak Tower of Timmy!!  :woohoo:

Who would guard the gold??
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:35:09 AM
I agree, I'll take a Katpak Tower of Timmy over a crewhouse any day.  Imagine that gameday crew broadcasting from the Katpak Tower of Timmy!!  :woohoo:

Who would guard the gold??

GizmoDuck!!!111 

(http://www.lambdapsiphi.com/daft/daftsupp/art/gizmoduc.jpg)
Title: Re: The 2007 EADA Report is here!!
Post by: southkscatfan on October 31, 2007, 11:38:54 AM
How bout Wrestling and womens soccer ? Surely those sports can't be that expensive to fill outside of Scholarship costs. The soccer team can play in the old memorial stadium Wrestlers can use Ahern.
Title: Re: The 2007 EADA Report is here!!
Post by: michigancat on October 31, 2007, 11:47:02 AM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

I disagree.  I really don't give a f*ck about anything other than football and MBB.  If keeping sports at the D1 minimum helps those sports, keep them at the minimum.
Title: Re: The 2007 EADA Report is here!!
Post by: BMWJhawk on October 31, 2007, 11:49:40 AM
KSU FY 2007

Gross Revenue-$48,346,511 (year over year increase of $4,935,000 million)

Net Revenue-$8,728,511 (a year over year increase of $151,635)

Football Revenue-$21,730,191 (a year over year increase of $2,958,690)

Basketball Revenue-$5,480,852 (a year over year increase of $1,759,642)

Total Expenses-$39,618,000 (a year over year increase of $4,783,533)

Notes:

Women's basketball revenue was down $413,732 year over year.

Athletic accounting practices vary by a great degree, and nobody is saying there was $8.7 million in cash just laying on Timmy Weiser's desk on 7/1/2007, but what it does say is that KSU athletics is extremely healthy financially.   Plus, unlike a certain school down the road, KSU athletics isn't f_cking the students to the tune of $3 million dollars per school year to pay for sports that 99% of the students don't give a f_ck about and build facilities that 99% of the students will never set foot in.



Awww... those are some cute little numbers.  You guys might finally be able to compete with the big boys someday.  BTW, I have no idea what the hell you're talking about with the "certain school down the road" building facilities that 99% of the students will never set foot in.  Kansas is adding on four more basketball courts, additional weight room space, a full-size track, virtual golf, and more raquetball courts to the student rec center.  I'd say that benefits about 99% of the students on campus.  

You must be referring to the women's rowing team getting approval for a brand new boat house.  The football team's already got a $31 million football facility on the way and the basketball team is getting another $15 million for improvements to Allen Fieldhouse.  With the kind of football season Kansas is having, I expect the money to just keep rollin' in.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 11:52:32 AM
I expect the money to just keep rollin' in.

Loller'snort!
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 11:55:19 AM
LOL . . . the ku students get hit with a $40 fee every semester specifically to go to ku athletics BMW.   That has nothing to do with student recreational services.

In terms of Net Revenue, KSU has one of the highest net revenues in all of college athletics.  

Plus, I've read ku's financial reports, you guys have a ton of debt yet to take care of, and again, one of the most bloated administrations in all of college athletics.  Sweet Lew really bent the average ku student over with those fees.
Title: Re: The 2007 EADA Report is here!!
Post by: kcpowercat on October 31, 2007, 12:08:23 PM
Come on AudiHawk....post your 2007 EADA report!!!!
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 12:13:07 PM
It's not available yet, in fact ku athletics is in violation (what else is new) of Federal Law by not keeping their EADA report section up to date online, they only have the FY 2005 report available.   ku's will look impressive, and it doesn't hurt that they get to supplement their bottom line by $3 million or so a year using student fees either.   
Title: Re: The 2007 EADA Report is here!!
Post by: HugeCat on October 31, 2007, 12:15:51 PM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

Wish Tim could axe everything except MBB and FB, and throw all resources at those 2.

Whatever you do, don't cut equestrian...dem chicks be smokin.  :fatty:
Title: Re: The 2007 EADA Report is here!!
Post by: Saulbadguy on October 31, 2007, 12:19:41 PM
Personally, i'd like more sports.  It would provide more students in the state of Kansas the opportunity to participate in NCAA-level sports at Kansas State University.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on October 31, 2007, 12:20:50 PM
Personally, i'd like more sports.  It would provide more students in the state of Kansas the opportunity to participate in NCAA-level sports at Kansas State University.

Nascar, that is what much of the state of Kansas would like us to add.
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 12:31:24 PM
I'd like KSU to have more sports as well, I just don't see the need to go take $3 million a year out of the students pocket to pay for it like another school does.
Title: Re: The 2007 EADA Report is here!!
Post by: catzacker on October 31, 2007, 12:42:03 PM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

I disagree.  I really don't give a f*ck about anything other than football and MBB.  If keeping sports at the D1 minimum helps those sports, keep them at the minimum.

QFT.  Except the students at KSU throw hissy fits when the issue of student fees pops up.  IIRC, we could have paid for stadium renovations without private dollars (or at least without using a ton of bonds) after '98 if the students would have passed an increase in student fees. 
Title: Re: The 2007 EADA Report is here!!
Post by: fatty fat fat on October 31, 2007, 01:14:00 PM
I would love a $100 semester fee for "keeping football good"
Title: Re: The 2007 EADA Report is here!!
Post by: BMWJhawk on October 31, 2007, 01:39:41 PM
I'd like KSU to have more sports as well, I just don't see the need to go take $3 million a year out of the students pocket to pay for it like another school does.
 


Well I'm sure glad you care about those poor students who have to fork over an extra $40 a semester to support the women's rowing program.
Title: Re: The 2007 EADA Report is here!!
Post by: pissclams on October 31, 2007, 01:52:59 PM
Personnally, I'd rather Tim f*uck the students to the tune of +$3M a year to pay for sports that 99% of the students don't care about.  Because I don't see offering additional non-revenue sports as f*cking students.  If he can't both offer more sports at the D1 level and build additional facilities, then he's got a fund raising issue, a cash flow issue that he needs to solve.  Having the bare minimum in D1 sports and relying on the "club" solution is bush league.

I disagree.  I really don't give a f*ck about anything other than football and MBB.  If keeping sports at the D1 minimum helps those sports, keep them at the minimum.

QFT.  Except the students at KSU throw hissy fits when the issue of student fees pops up.  IIRC, we could have paid for stadium renovations without private dollars (or at least without using a ton of bonds) after '98 if the students would have passed an increase in student fees. 
You guys are missing the point.  Weiser's goal (endowments) is a very long term one, someday over the rainbow, we'll be set, someday.  He'll spend enough (as little as possible) on facilities for either MBB or FB to keep us running (see Carl Peterson) but never more than he has to.  We've been throwing money at FB and MBB for the last 20 years and it's gotten us to where we are, but not any further.  Meanwhile, other schools in the Big 12 are passing us and our facilities by, most of which were built over 10 years ago.  We stand to bring additional funds into our entire AD by bringing in more students/parents/alumni to KSU via the non-revenue sports.  Wrestling, Girls Soccer, Lacrosse, anything.   

Just imo. 
Title: Re: The 2007 EADA Report is here!!
Post by: michigancat on October 31, 2007, 01:55:27 PM
We stand to bring additional funds ... via the non-revenue sports.


hmmm.

I see your point, but I don't see how something like a swim team could help all that much.  I agree that Weiser needs to spend more, but don't think adding a bunch of non-revenue sports is the answer.
Title: Re: The 2007 EADA Report is here!!
Post by: mjrod on October 31, 2007, 01:59:30 PM
Isn't Cheerleading considered one of the "sports?"

Where are we on 5 star recruits?
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 02:01:28 PM
I'd like KSU to have more sports as well, I just don't see the need to go take $3 million a year out of the students pocket to pay for it like another school does.
 


Well I'm sure glad you care about those poor students who have to fork over an extra $40 a semester to support the women's rowing program.

Always good to see that an athletic department that you always brag about being so "rich" needing to ride on the backs of the students to pay the bills.

http://findarticles.com/p/articles/mi_qn4179/is_20060227/ai_n16205830

Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 02:03:31 PM
Sure, you can always bring in more when the non-revenue sport that brings in the most revenue (in one way of thinking) operates at a net loss of about $1.5 million a year.   :rolleyes:
Title: Re: The 2007 EADA Report is here!!
Post by: Pittcat on October 31, 2007, 02:04:48 PM
Isn't Cheerleading considered one of the "sports?"

Where are we on 5 star recruits?


Texas is locked in on all the regional 5 *'s. 

(http://i167.photobucket.com/albums/u124/cws_182/untitled.jpg)
Title: Re: The 2007 EADA Report is here!!
Post by: michigancat on October 31, 2007, 02:05:37 PM
I think I just got 'ssclammed again.

 :scared:
Title: Re: The 2007 EADA Report is here!!
Post by: pissclams on October 31, 2007, 02:12:07 PM
Isn't Cheerleading considered one of the "sports?"

Where are we on 5 star recruits?


Texas is locked in on all the regional 5 *'s. 

(http://i167.photobucket.com/albums/u124/cws_182/untitled.jpg)

those chicks are hot (both)
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on October 31, 2007, 02:18:56 PM
$40 a semester per student to fund hot cheerleaders and classy cats . . . well worth it.
Title: Re: The 2007 EADA Report is here!!
Post by: DrJamesANaismith on October 31, 2007, 04:42:42 PM
Pissclams gets it, Pad doesn't.

KSU's revenues are up, and somehow it relates to ku huh Pad?

next up....NU?

Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on November 01, 2007, 12:05:50 AM
Pissclams gets it, Pad doesn't.

KSU's revenues are up, and somehow it relates to ku huh Pad?

next up....NU?



How's the lawsuit going Doc??

One thing for sure, I mention ku, and either bmw or doc or both are showing up soon.

 :baityes: :baityes:







Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on November 01, 2007, 07:07:16 AM
How's the lawsuit going Doc??

LOL!
Title: Re: The 2007 EADA Report is here!!
Post by: ArchE_Cat on November 01, 2007, 09:53:45 AM
What are we going to spend our riches on?  I vote for a tower filled with gold nuggets and treasure chests ala Scrooge McDuck.  We will need to hire GizmoDuck to protect it from those god damned Beagle Boys though.

SEATON HALL   :chainsaw: :chainsaw: :chainsaw:

The Architectural Engineering Department's portion of Seaton is great.
Title: Re: The 2007 EADA Report is here!!
Post by: ArchE_Cat on November 01, 2007, 10:02:39 AM
Awww... those are some cute little numbers.  You guys might finally be able to compete with the big boys someday.  BTW, I have no idea what the hell you're talking about with the "certain school down the road" building facilities that 99% of the students will never set foot in. Kansas is adding on four more basketball courts, additional weight room space, a full-size track, virtual golf, and more raquetball courts to the student rec center.  I'd say that benefits about 99% of the students on campus. 

You must be referring to the women's rowing team getting approval for a brand new boat house.  The football team's already got a $31 million football facility on the way and the basketball team is getting another $15 million for improvements to Allen Fieldhouse.  With the kind of football season Kansas is having, I expect the money to just keep rollin' in.

I see ku is keeping up w/ another school that already has virtual golf (and a very nice real golf course - top 10 collegiate course by Golf Digest), plus this...http://www.k-state.edu/yesrec/ (http://www.k-state.edu/yesrec/)...which will still have KSU students paying less for similar things than the students at ku do/will.

Larger budget numbers do not = better management and efficiency.

Yes, we have improvements to the Bram about to wrap up. These improvements will bring in more cash. Also KSU has $45 million worth of improvements on the way for b-ball and football.

It's nice that ku is finally catching up...I guess.
Title: Re: The 2007 EADA Report is here!!
Post by: ew2x4 on November 01, 2007, 11:11:02 AM
What are we going to spend our riches on?  I vote for a tower filled with gold nuggets and treasure chests ala Scrooge McDuck.  We will need to hire GizmoDuck to protect it from those god damned Beagle Boys though.

SEATON HALL   :chainsaw: :chainsaw: :chainsaw:

The Architectural Engineering Department's portion of Seaton is great.

Go find my studio last semester. I wrote a list of all the things wrong with it (i'm talking asbestos wrong. Not bad paint job wrong) . It was long. Seriously.
Title: Re: The 2007 EADA Report is here!!
Post by: sonofdaxjones on November 01, 2007, 11:15:46 AM
I believe Seaton has several million dollars earmarked from the deferred maintenance money . . . finally.
Title: Re: The 2007 EADA Report is here!!
Post by: steve dave on November 01, 2007, 11:33:49 AM
deferred maintenance money

great fundraiser