Author Topic: 2013-2014 USA Today College Financials  (Read 1731 times)

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Offline cfbandyman

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2013-2014 USA Today College Financials
« on: June 06, 2014, 12:38:54 PM »
http://www.usatoday.com/sports/college/schools/finances/?fullsite=true

K-State's #39 in Total Revenue ($70,457,283) and #10 in Profit ($11,131,710). I guess KU must be done paying off Mangino...


Rank   School   Revenue           Expenses           Subsidy                % Subsidy   Profit
3   Alabama   $143,776,550    $116,607,913    $5,791,200             4.03          $27,168,637
5   Ohio State   $139,639,307    $116,026,329    $0                             0          $23,612,978
6   Florida   $130,011,244    $106,972,983    $4,444,516              3.42          $23,038,261
7   Oklahoma   $123,805,661    $102,447,553    $0                             0          $21,358,108
9   Oregon   $115,241,070    $94,972,708    $2,337,377                    2.03          $20,268,362
1   Texas           $165,691,486    $146,807,585    $0                                0          $18,883,901
23   Kansas   $93,114,168    $79,720,036    $2,870,626                3.08          $13,394,132
4   Michigan   $143,514,125    $131,018,311    $255,832                    0.18          $12,495,814
8   LSU           $117,457,398    $105,312,018    $0                             0          $12,145,380
39   Kansas State$70,457,283    $59,325,573    $2,486,258                    3.53          $11,131,710


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Offline cfbandyman

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Re: 2013-2014 USA Today College Financials
« Reply #1 on: June 06, 2014, 12:43:23 PM »
I guess more on the KU turn around, they were +10 mill in contributions and +10 mill in licensing and -7 mill in expenses for "Other". K-State only saw minimal overall gains, and +9 mill in total for expenses (building and coaching staff the biggest movers)
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Offline Spracne

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Re: 2013-2014 USA Today College Financials
« Reply #2 on: June 06, 2014, 01:02:28 PM »
These figures are bogus.
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Offline CHONGS

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Re: 2013-2014 USA Today College Financials
« Reply #3 on: June 06, 2014, 01:06:51 PM »

Offline yoman

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Re: 2013-2014 USA Today College Financials
« Reply #4 on: June 06, 2014, 01:34:47 PM »


I don't know if that's new, but either way  :love:

Offline Benja

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Offline Benja

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Re: 2013-2014 USA Today College Financials
« Reply #6 on: June 06, 2014, 01:44:29 PM »
Dax you can say this in a more Dax'y way and make fun of them a bunch but ku apparently counted donations and junk for a year and a half which inflated their numbers.

Offline CyberToothCat

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Re: 2013-2014 USA Today College Financials
« Reply #7 on: June 06, 2014, 06:19:45 PM »
Those numbers are not for the 2013-2014 year. Those are last year's numbers for the year ended June 30, 2013.

If you look at the audited financials on K-State's site, the total donations for the year ended 6/30/13 were $17,970,185, which is what the USA Today site shows.

http://grfx.cstv.com/photos/schools/ksu/genrel/auto_pdf/2013-14/misc_non_event/FY13AuditorReportFinancials.pdf


Total donations for the 2013-2014 year will be much higher, I think. The K-Stater magazine that arrived a couple of days ago includes the following information:

Quote
K-State Athletics congratulates Chad Weiberg on being named the 2014 NAADD Fundraiser of the Year. Total annual gifts reached $36.8 million, a new department record that is more than triple the amount given when the Ahearn Fund was relaunched in 2009.

I assume the $36.8 million includes the $20 million pledge from the Vaniers...