Author Topic: attn Dax: what's k-state's athletic dept worth?  (Read 4700 times)

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Offline pissclams

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attn Dax: what's k-state's athletic dept worth?
« on: April 29, 2010, 04:15:10 PM »
do you have any idea how much, in dollars, K-State's athletic department is worth to the big 12? 

how much money does our athletic department generate annually for the conference? <---Would this be the correct way to measure the value?  Possibly include potential future earnings?<--Prob not.  Might make sense to use a 5 year rolling average though.  Should prob include any non-cash value we provide the conference in the form of good will, etc (not sure if this type of non-cash value exists specific to valuation of athletic departments but wanted to include it if it does).



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Offline OregonSmock

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #1 on: April 29, 2010, 04:23:26 PM »
Last I saw, K-State's athletic department revenue was right around $50 million or so. 

Offline Dugout DickStone

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #2 on: April 29, 2010, 04:26:46 PM »
Eleventy bajillion dollars (value to me, not the conference)

Offline EllToPay

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #3 on: April 29, 2010, 04:27:19 PM »
Last I saw, K-State's athletic department revenue was right around $50 million or so. 

thanks, dax.

Offline sonofdaxjones

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #4 on: April 29, 2010, 04:30:24 PM »
That's hard to calculate for any school.

For example you don't know what the payout was for the NCAA tourney for many months after the fact, but you know the payout of a bowl game before you even play the thing.  

You'd also have to calculate TV sets, and while the haters way underestimate our media horsepower, it's still towards the bottom of the conference.  

You'd have to say season of love 2009-2010 KSU Men's basketball helped a great deal in that area after a downturn, but what that means in terms of dollars and cents??  Who knows?

You can't use actual athletic department revenues to calculate that kind of thing because as I 've said a thousand times over, different athletic departments calculate their revenues in different ways.   Plus that's school specific. 

Offline pissclams

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #5 on: April 29, 2010, 04:38:26 PM »
Last I saw, K-State's athletic department revenue was right around $50 million or so. 
I think that would be the wrong metric to use.  The value would be determined by what the athletic department produces for the conference it belongs to.  Television contracts, bowl appearances, yada yada.


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Offline pissclams

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #6 on: April 29, 2010, 04:42:31 PM »
That's hard to calculate for any school.

For example you don't know what the payout was for the NCAA tourney for many months after the fact, but you know the payout of a bowl game before you even play the thing.  

You'd also have to calculate TV sets, and while the haters way underestimate our media horsepower, it's still towards the bottom of the conference.  

You'd have to say season of love 2009-2010 KSU Men's basketball helped a great deal in that area after a downturn, but what that means in terms of dollars and cents??  Who knows?

You can't use actual athletic department revenues to calculate that kind of thing because as I 've said a thousand times over, different athletic departments calculate their revenues in different ways.   Plus that's school specific.  

Definitely tough to calculate but I have to believe that given the circumstances surrounding conference affiliation, across all conferences, we have people crunching the numbers to determine our worth.  I'd also expect that the same calcs are happening at conference HQ's across the country right now.  There's a way to get a directionally correct analysis done, there always is, I just wondered if it was as complex an exercise as I had imagined it would be, and it sounds like it is.

Wouldn't be nearly that difficult if we knew all the channels by which K-State sends the Big 12 money.
« Last Edit: April 29, 2010, 04:48:28 PM by pissclams »


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Offline sonofdaxjones

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #7 on: April 29, 2010, 04:44:30 PM »
From 1997 to 2003 as far as the conference goes you could easily say that K-State was one of the most valuable athletic programs they had.

For one, the bowl payout formula then was weighted more heavily towards the conference revenue pool then it is today.

So you had K-State playing in a least 4 Bowl Games during that period where the payout exceeded the amount the participating team got to keep for itself to cover expenses, 2 Cottons and 2 Fiesta's.    One could also say that a combination of great fan support and upsets allowed the Big 12 to get a 2nd BCS team in K-State that in other years they may not have gotten.   So one could reasonably argue that K-State's economic impact on the Big 12 during that stretch was significant.  In fact, under the old Big 12 Bowl Revenue Formula even the Holiday Bowl may have exceeded the participating team "keep" so that would have made it 6 or 7 bowls impacting conference economics.  

As I recall, the TV ratings for K-State's bowl appearences were much higher than what people anticipated as well. 

Clearly that took a hit after 2003 until K-State hired Huggins.  

« Last Edit: April 29, 2010, 04:47:14 PM by sonofdaxjones »

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #8 on: April 29, 2010, 06:37:25 PM »
Last I saw, K-State's athletic department revenue was right around $50 million or so. 
I think that would be the wrong metric to use.  The value would be determined by what the athletic department produces for the conference it belongs to.  Television contracts, bowl appearances, yada yada.



I'm basing it on marginal revenue = marginal cost  (MR = MC) 

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #9 on: April 29, 2010, 06:58:57 PM »
KSU is worth however much my red goEMAW.com shirt cost. And not one penny more!!

Offline pissclams

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #10 on: April 29, 2010, 09:15:36 PM »
Last I saw, K-State's athletic department revenue was right around $50 million or so. 
I think that would be the wrong metric to use.  The value would be determined by what the athletic department produces for the conference it belongs to.  Television contracts, bowl appearances, yada yada.



I'm basing it on marginal revenue = marginal cost  (MR = MC) 
marginal revenues can equal marginal costs for each of the 12 universities in the conference but that doesn't mean the profit margin will be equal across all 12 athletic depts.  i mean, profit margin doesn't even factor into the valuation of schools by the conference.  each school has different amounts due to them for television contracts, etc from the b12 and I'd imagine that each school owes the b12 different amounts of the revenue each earns. 


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Offline Dr Rick Daris

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #11 on: April 29, 2010, 09:19:27 PM »
hey guys,

take it to the nerd board. thx.

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #12 on: April 29, 2010, 09:55:15 PM »
hey guys,

take it to the rick daris's robin's nest. thx.


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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #13 on: April 29, 2010, 09:58:16 PM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

Offline bradleigh

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #14 on: April 29, 2010, 10:24:26 PM »
TV sets


This has to be one of the most important factors right?  Also I would say the amount of resources a school commits to their AD have to play into it because that is most likely to correlate with the consistency of competitiveness.
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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #15 on: April 29, 2010, 10:36:44 PM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

last i checked you're a dumbass.  dumbass.

TV sets


This has to be one of the most important factors right?  Also I would say the amount of resources a school commits to their AD have to play into it because that is most likely to correlate with the consistency of competitiveness.
it's up there.  the conference television contract has to be its #1 source of revenue, cannot confirm this assumption and you know what they say about assumptions, right?  if you don't then you're a dumbass.


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The42Yardstick

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #16 on: April 29, 2010, 11:04:16 PM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

last i checked you're a dumbass.  dumbass.



I wish that this line was somewhere in the Constitution, or at least the Declaration of Independence.

Offline hillwalking03

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #17 on: April 30, 2010, 11:54:11 AM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

last i checked you're a dumbass.  dumbass.



I wish that this line was somewhere in the Constitution, or at least the Declaration of Independence.

Pretty sure its in the Federalist Papers.  Investigating now  :users:
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Offline Dugout DickStone

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #18 on: April 30, 2010, 01:06:14 PM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

last i checked you're a dumbass.  dumbass.



I wish that this line was somewhere in the Constitution, or at least the Declaration of Independence.

Pretty sure its in the Federalist Papers.  Investigating now  :users:

"Common Sense"

Sugar Dick

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Re: attn Dax: what's k-state's athletic dept worth?
« Reply #19 on: April 30, 2010, 01:43:31 PM »
Last I checked it's not for sale and never will be, so it doesn't really matter what it's worth.

Mark Cuban would probably pay $500 kabagillion for it though.  I would like that, because every uk basketball game he'd have an excuse to come on the floor and tell John Higgins and Ted Hillory what enormous pieces of hullabaloo they are.

last i checked you're a dumbass.  dumbass.

 :cry: <-- me


I wish that this line was somewhere in the Constitution, or at least the Declaration of Independence.

Pretty sure its in the Federalist Papers.  Investigating now  :users:

"Common Sense"

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