We made a profit?

[SilverEagle]

Look under "Lone Star Breakdown", in the article.

http://www.star-telegram.com/2013/12/17/5427172/expenses-rise-in-business-of-college.html?rh=1

[Wag Tag]

Be nice to get another 5,000 at football home games. Basketball will be a big loser this year and probably next year.

[oldguystudent]

1) Build Apogee

2) Hire an actual coach

3) ???

4) Profit!

[andrewrozell]

3) Win

[Travis]

it would be so cool to knock off the team that made over 80 million in profit next year.

[Army of Dad]

3) Win

Figures from 2012

[emmitt01]

Let's use it to hire a promotions dept for the holiday season.

[cdizzle86]

Let's use it to hire a new men's basketball head coach this season.

Fixed it for you.

[KingDL1]

I would love to see the numbers after this year, with more TV and several bowl tie-ins. The Bowl revenues and TV are shared, is that correct in C-USA?

[Mean Green 93-98]

3) Annually sacrifice our team to a top 10 SEC team for a huge paycheck.

[GrayEagle]

This was the Star-Telegram's source:

http://ope.ed.gov/athletics/

Overall we made more than $4M in 2012; our last year in the SBC. Thank you students.

[FirefightnRick]

This was the Star-Telegram's source:

http://ope.ed.gov/athletics/

Overall we made more than $4M in 2012; our last year in the SBC. Thank you students.

At first when I read the paper this morning I questioned the validity of the article because I wondered when it was that private schools started reporting their expenses and revenues? I didn't think they did, but maybe they do?

Then, I clicked on your link and compared that information concerning TCU to what was reported in the paper. The paper claims TCU made just a little less profit than North Texas....$1.2 or $1.4 Million I think it was?

But according to Equity In Athletics they show this....

Grand Total Revenues Minus Grand Total Expenses (Line 14- Line 11).......................$0

Rick

Edited December 18, 2013 by FirefightnRick

[Censored by Laurie]

At first when I read the paper this morning I questioned the validity of the article because I wondered when it was that private schools started reporting their expenses and revenues? I didn't think they did, but maybe they do?

Then, I clicked on your link and compared that information concerning TCU to what was reported in the paper. The paper claims TCU made just a little less profit than North Texas....$1.2 or $1.4 Million I think it was?

But according to Equity In Athletics they show this....

Grand Total Revenues Minus Grand Total Expenses (Line 14- Line 11).......................$0

Rick

So they've a better CPA?

[Baby Arm!]

I wonder how much profit the English Department made??? Why is the only department people are concerned with profit/loss is the Athletic Dept?

[meangreenthirteen]

I wonder how much profit the English Department made??? Why is the only department people are concerned with profit/loss is the Athletic Dept?

Because it is quite possibly the largest revenue-driven department on campus? Unless you were being sarcastic in which case I am dumb.

Edited December 18, 2013 by meangreenthirteen

[GrayEagle]

At first when I read the paper this morning I questioned the validity of the article because I wondered when it was that private schools started reporting their expenses and revenues? I didn't think they did, but maybe they do?

Then, I clicked on your link and compared that information concerning TCU to what was reported in the paper. The paper claims TCU made just a little less profit than North Texas....$1.2 or $1.4 Million I think it was?

But according to Equity In Athletics they show this....

Grand Total Revenues Minus Grand Total Expenses (Line 14- Line 11).......................$0

Rick, what the Star-Telegram reported related to football only. The $0 that you saw at the end of the report was for all sports.

Rick

[FirefightnRick]

Thanks Gray.

Rick

[JesseMartin]

Guys, I think the biggest thing to take away from this is the importance of having an FBS football team. That "profit" is used to fund the non-revenue sports, and in our case probably not fully. It would be even more expensive to fund the other sports without football, and having zero sports would hurt in terms of drawing alumni and donors. I'm preaching to the choir for the most part, but for lurkers reading I want to make sure they understand the funding structure.

Unless you're an Ivy League or similar institution, athletics is the single biggest draw not only for media attention to the mainstream market, but also to alumni and prospective non-alumni donors. Even at Harvard, most of those donors will still go to see the annual Harvard-Yale or homecoming game, and those that don't will relive their glory days watching the lacrosse team or something like that. True, there are some donors who prefer musical performances or a lecture series symposium, but the single best means by which to draw in donations, scholarships, endowments, etc. is through sports, which may seem counterintuitive for an academic institution, though it really isn't. Most people aren't interested in reliving their academia; they may touch base with a couple of professors, but the casual environment provided by athletic competition allows for catching up, socializing, and networking, even (and often, especially) for those who will provide multi-million dollar donations earmarked for academic purposes.

The point is not whether we effectively recoup expenses FOR athletics BY athletics (though it would be nice to have as much excess as the Horns), but rather that these casual, extracurricular events (especially sports but also music and such) create enough impetus for alumni and donors to become, and stay, involved with the University and continue to develop funding for ALL programs. It's an investment to bring in considerably greater funds that will be disseminated throughout the University.

Some detractors of Athletics may be surprised to find out that the big donation to their department, or a considerable number of scholarships distributed to people in their area of study, were given by a donor or donors who remained involved by coming back to campus a few times every fall to watch the football team play and catch up with professors and colleagues while they were there.

So again, this wasn't really intended for most of you who post regularly and are aware of these issues; it was more for the thousands of others who browse and rarely (if ever) post, some of whom may wonder why there's so much fuss about succeeding on the field (and having the proper funds to do so), when the fact is that is what helps drive much of the money that allows for success in the classroom and beyond.

[oldguystudent]

I think it really depends on where you want your campuswide cash inflows to come from.

Having gone to both a very, very non-athletic school and then on to UNT, the former will never draw alumni dollars. It just won't. The students graduate, they go on to other schools to pursue their professions with graduate degrees, they'll talk amongst themselves about the glory days of jumping in the Pacific Ocean while wearing rented tuxedos (trust me, it seemed like a good idea at the time), but they won't send checks to their alma mater. At all. The very notion is just silly. But that place is uber heavy on the scientific research. They bring in hundreds of millions of dollars. Not from alumni, from research grants.

But that makes for a very sterile college experience. And an adult life with no connection to your college days save the few friends that you continue to pal around with after the marriages and divorces have all taken their due course. My kid is twelve. I have not been on my undergrad campus in her lifetime.

Schools like UNT don't have hundreds of millions of dollars in research grants pouring in (yet), so UNT has to look to its alumni for financial inflows. And you're right. The best way to attract alumni back to campus is via athletic events. Rest assured I am never, ever, ever going to go sit in the super pit and pay $50 to listen to some blowhard talk about the intricacies of trickle down economics and how they relate to Shakespeare and the failed Star Wars Defense System. That kind of activity requires a tie, doesn't involve alcohol, and the coeds are entirely too bundled up. P'tooey!

Nah, my return to campus and my dollars going back to Denton are driven by gameday, BBQ, beer, young ladies prancing about, and the inflated bladder of a pig who valiantly gave its life so that I might enjoy another Saturday afternoon.

[DirtySavage]

1) Build Apogee

2) Hire an actual coach

3) ???

4) Profit!

South Park reference? If so awesome.

Edited December 19, 2013 by DirtySavage