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TITLETOWN - A Decade Long Celebration Of The Greatest Achievement In College Athletics History => Kansas State Football => Topic started by: sonofdaxjones on November 01, 2011, 05:20:39 AM

Title: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 01, 2011, 05:20:39 AM
K-State:

Gross Revenues: $68.375 Million

Expenses:  $45.479 Million

Net Revenues:  $23.395 Million





Title: Re: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: steve dave on November 01, 2011, 06:08:43 AM
Lets buy something nice
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: wes mantooth on November 01, 2011, 07:37:36 AM
How does this compare to prior years?
Title: Re: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Bookcat on November 01, 2011, 08:32:21 AM
Lets buy something nice

like safeties and dtackles!
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: EllToPay on November 01, 2011, 08:38:45 AM
 :kstategrad:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: wabash909 on November 01, 2011, 08:45:51 AM
like good basketball recruits.

Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: hemmy on November 01, 2011, 09:07:19 AM
Seems like a lot more than previous years :dunno:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Houstoncat93 on November 01, 2011, 09:12:20 AM
K-State:

Gross Revenues: $68.375 Million

Expenses:  $45.479 Million

Net Revenues:  $23.395 Million







Any of that include Nebraska and Colorado exit fee money?
Title: Re: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: MadCat on November 01, 2011, 09:27:56 AM
Lets buy something nice

I think a diamond-studded shark tank in the locker room would really help with recruiting.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: deputy dawg on November 01, 2011, 09:38:52 AM
That tells me we're not spending enough on blow and hookers for recruits.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: CNS on November 01, 2011, 09:42:03 AM
That tells me we're not spending enough on blow and hookers for recruits.

Maybe they are just saving for one big end of year hooker/blow party with a lot of blow, and really nice hookers?   I mean, anyone can get regular hookers and a small amt of blow, right?
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 01, 2011, 10:13:30 AM
It's up about $15 million year over year.  I haven't had a chance to digest the Annual Report yet.

Strange, but as usual ku hasn't posted their Equity in Athletics report yet, and it wouldn't surprise me if they weren't the last BCS school to have their information updated on the Equity in Athletics website . . . as usual.

Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: EMAWzified on November 01, 2011, 10:18:27 AM
Quote
Lets buy something nice

Like quality assistant coaches for the defense and great recruiters for both men's BB and football.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 02, 2011, 08:23:47 AM
ku's 2010-2011 Equity in Athletics Disclosure:

Expenses:  $70.028 Million

Gross Revenues:  $70.028 Million

Net Revenue: $0

Noteables:  According to their disclosure ku football lost approximately $3.6 million  dollars last FY.  Reporting Revenue of $9.5 million for football and expenses of $13.095 million.



Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 02, 2011, 08:28:17 AM
ku women's basketball "lost" $3.6 million last FY, while K-State women's hoops "lost" about $2.5 million.

Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Rams on November 02, 2011, 08:38:20 AM

 :popcorn:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: deputy dawg on November 02, 2011, 08:41:24 AM
That tells me we're not spending enough on blow and hookers for recruits.

Maybe they are just saving for one big end of year hooker/blow party with a lot of blow, and really nice hookers?   I mean, anyone can get regular hookers and a small amt of blow, right?

The scary part of the logistics is where are the hookers going to come from?  Junction City (don't read while eating)?  Topeka (ditto)?  Kansas City?  I'm not up on the Manhattan prostitution market, so this is a sincere question.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: MadCat on November 02, 2011, 08:57:22 AM
That tells me we're not spending enough on blow and hookers for recruits.

Maybe they are just saving for one big end of year hooker/blow party with a lot of blow, and really nice hookers?   I mean, anyone can get regular hookers and a small amt of blow, right?

The scary part of the logistics is where are the hookers going to come from?  Junction City (don't read while eating)?  Topeka (ditto)?  Kansas City?  I'm not up on the Manhattan prostitution market, so this is a sincere question.

I think we can afford to import them.  We should ask Craig James where he would recommend.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: CNS on November 02, 2011, 08:59:21 AM
Love watching Dax do this.  It's like watching Phelps in the pool.  Smooth, confident, dominant.

 :cheers:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: pissclams on November 02, 2011, 09:13:19 AM
ku's 2010-2011 Equity in Athletics Disclosure:

Expenses:  $70.028 Million

Gross Revenues:  $70.028 Million

Net Revenue: $0

Noteables:  According to their disclosure ku football lost approximately $3.6 million  dollars last FY.  Reporting Revenue of $9.5 million for football and expenses of $13.095 million.

they make a debt payment equal to whatever revenue they were going to make before closing the books?
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Rage Against the McKee on November 02, 2011, 09:26:02 AM
KU would be profitable if they would just drop football.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: EllToPay on November 02, 2011, 09:33:00 AM
ku's 2010-2011 Equity in Athletics Disclosure:

Expenses:  $70.028 Million

Gross Revenues:  $70.028 Million

:dubious:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 02, 2011, 11:28:28 AM
Clams . . . they may have made a big debt payment, their FY 2011 Financial Report isn't out, also I could only breeze through K-State's Financial Report, so it's hard to tell exactly why K-State's took such a significant leap.

But it's not unusal for athletic departments to show (for lack of a better word) completely balanced books, with expenses matching revenues.   That happens pretty much every year at Baylor for example, but all of their fund raising etc. goes on another set of books for the booster club or foundation or something like that.   Which is why I've been saying for years that you can't use these reports and just make blanket statements about the financial status of athletic programs. 

I would note that this is the first time in memory that ku has not shown a net revenue number on their report, but, they may have changed their acconting practices, just like K-State may have changed theirs.   
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: MadCat on November 02, 2011, 11:29:50 AM
KU would be profitable if they would just drop football.
Yes.  This state can only support one FBS football school.  With one, we may not lose as many kids to OU & OSU.  :lynchmob:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: steve dave on November 02, 2011, 11:34:00 AM
Why on earth is Baylor releasing their numbers?
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 02, 2011, 11:43:17 AM
Why on earth is Baylor releasing their numbers?

Any school that gets any kind of federal funds has to put out an Equity in Athletics report.
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Shacks on November 03, 2011, 12:02:10 AM
That tells me we're not spending enough on blow and hookers for recruits.

Don't forget the abortions and bounties on opposing QBs
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: CyberToothCat on November 03, 2011, 05:39:46 PM
K-State:

Gross Revenues: $68.375 Million

Expenses:  $45.479 Million

Net Revenues:  $23.395 Million







Interesting.  I suspect a large part of our revenue increase this year (compared to last year) is due to the fundraising for the basketball facility.   :dunno:
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: steve dave on November 03, 2011, 05:48:32 PM
I don't think donations have anything to do with this figure
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 03, 2011, 06:29:39 PM
Yeah, K-State's numbers include Ahearn Fund donations, I don't know if it includes Capital Giving donations.   Also keep in mind that many capital giving are commitments or pledges to give, they don't often hand over the big checks all at once.

Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: Trim on November 03, 2011, 08:04:11 PM
DNR this but looked like something Dax reads.

Quote
Alumni voices are critical to the KU Alumni Association’s mission to strengthen the University of Kansas. One of our most important programs is Jayhawks for Higher Education (JHE), a statewide network of alumni and friends who communicate the needs of KU and higher education to the Kansas Legislature. In recent years, JHE members have helped secure state funding for vital initiatives, including:

• the KU School of Pharmacy expansion to help meet a statewide need for pharmacists
• support for the KU Cancer Center’s quest for National Cancer Institute designation
• a 10-year plan to increase the number of engineering graduates in Kansas by 60 percent

Please add your voice to our advocacy efforts by joining JHE. Throughout the legislative session, you will receive brief, timely email updates from the Alumni Association. At key points, we will ask you to contact lawmakers regarding a specific issue. We will provide talking points, and our online tools make it easy to communicate directly with your lawmakers. Please click here to join today.

KU’s 2012 legislative agenda will include the following critical investments:

•  “Foundation Faculty” to maintain the University’s prestigious membership in the Association of American Universities and continue KU’s quest for higher national rankings
• Continued support for the KU Cancer Center
• Medical education funding to provide additional physicians for our state
• A 2.8 percent increase in funding of financial aid for students at all Regents universities
• Procedural or policy changes to help the University continue increasing its operational efficiency

Please help us ensure that KU’s interests advance in the Legislature. Thank you for Jayhawk loyalty.

Rock Chalk!

Kevin J. Corbett                   
President, KU Alumni Association       
Title: Re: FY 2011 Equity in Athletics Financial Disclosure . . .
Post by: sonofdaxjones on November 04, 2011, 07:35:54 AM
I read every 4th word . . . someone needs to report ku to DHS.