You have to hand it to UNC: those guys have unmitigated gall. Before their new chancellor has her first day on the job, and before lame-duck Chancellor Holden Thorp can announce whatever his “blue-ribbon” panel led by led by Hunter Rawlings, president of the Association of American Universities, has come up with, UNC athletic director [...]
D1SCOURSE: ACC AD’s Compensation
If you didn’t see VaWolf’s fantastic series on “Financing College Athletics” then you should click here to easily access the articles. Fantastic work that will interest a lot of people. Along those lines, of the best ACC Bloggers we know, D1SCOURSE, posted a great entry analyzing Debbie Yow’s compensation package at Maryland vs NC State [...]
Financing College Sports – Part 3
SFN: This entry is too good to get lost in the middle of a lot of the news that we’ve had breaking in recent days, so we are moving it back to the front of the blog to make sure that the community sees it. If your attitude going into this latest entry on financing [...]
Financing College Sports – Part One (Major update & additions 10:30am)
This piece is the first in a series of related entries that I am doing to discuss the funding behind big-time college athletics. At a minimum, I intend to break down the articles along these lines: (1) Introduction and Organizational Analysis (this entry): (2) A Closer Look at the Numbers (3) Athletic Dept finances across [...]
NC State is Nation’s Fifth Most Profitable Hoops Program
Financial statements of the nation’s 344-odd Division I NCAA teams are out and and NC State’s hoops program is among the nation’s best in terms of profit margin. Looking at the numbers above, you will see that UNC-CH generates almost twice as much revenue as NC State, but that it’s matching expenses are more than [...]
On the Cheap: NC State’s Athletic Budget vs. the ACC
Sometimes it helps to see things in black and white, spreadsheet style. From Forbes.com, here’s a listing of ACC school athletic department budgets and the salaries of each Athletic Director: ================= ATLANTIC COAST CONFERENCE ================= ————————————————————— Athletic Yrs at No. of Dept. Guaranteed School Director School Teams Budget Base ————————————————————— Georgia Tech Dan Radakovich 3 [...]
Holland on Money Matters
I wish this one could be bronzed for the ages. Terry Holland in October 27, 2008′s The Sporting News The administration, with $100 million or more recently invested in facilities and a $50 million annual budget, cannot afford to keep a coach who is not producing a return on that investment. If donors and season-ticket [...]
The Don of Donations (must read)
Out of all fundraisers in college athletics, the Wall Street Journal chose our very own Bobby Purcell to feature in this article. Some may be surprised that there wasn’t a single mention of Lee Fowler and others probably wonder how Bobby can raise so much money since NC State has such “bad” fans. Maybe the [...]
ESPN signs 15-year, 2 Billion deal with SEC
The Southeastern Conference has signed a 15-year deal with ESPN reportedly worth more than $2 billion to televise sporting events, including football and men’s and women’s basketball. The deal will end the SEC’s affiliation with Raycom Sports, which has aired basketball since 1986 and SEC football since 1992.
ACC Expansion Revenue Comparison
The ACC hasn’t gotten appreciably richer than any other conference lately. ACC membership is the best thing to happen to Virginia Tech since Frank Beamer. Boston College is another big winner. Miami will have to get used to smaller payoffs for success in return for revenue certainty. Please note – the information contained in this [...]