Power 5 AD budgets excluding football = $1.4B loss

[11NCs]

AD budgets after eliminating football revenue and expense = financial ruin. Moreover, because many football expenses will not go away (e.g. scholarships), the bloodbath will be far worse than is shown below.


By conference:

Conf / Rev Excl Football / Exp Excl Football // Net Rev (Exp). Aggregate loss = $1.4 billion

B10 / $963,266,284 / $1,128,987,980 // ($165,721,696)
SEC / $810,476,106 / $1,224,783,618 // ($414,307,512)
B12 / $536,844,179 / $809,243,692 // ($272,399,513)
P12 / $681,758,043 / $878,846,326 // ($197,088,283)
ACC / $899,110,322 / $1,253,152,310 // ($354,041,988)

Top 30 Schools by Revenue:

School // Net Rev (Exp). Aggregate loss = $853 million

The University of Texas at Austin // ($72,289,891)
Ohio State University-Main Campus // ($44,535,961)
Florida State University // $0
University of Michigan-Ann Arbor // ($67,971,434)
University of Georgia // ($33,035,813)
University of Notre Dame // ($46,050,204)
The University of Alabama // ($24,886,840)
Pennsylvania State University-Main Campus // ($38,109,740)
Texas A & M University-College Station // ($16,291,018)
University of Oklahoma-Norman Campus // ($51,216,866)
Louisiana State University and Agricultural & Mechanical College // ($47,821,549)
Auburn University // ($27,469,626)
University of Wisconsin-Madison // ($47,398,052)
University of Louisville // ($3,270,603)
University of Iowa // ($16,024,932)
University of Florida // ($45,688,256)
University of Kentucky // ($9,754,930)
University of South Carolina-Columbia // ($28,648,429)
University of Arkansas // ($26,941,237)
Stanford University // ($13,991,971)
The University of Tennessee-Knoxville // ($55,140,007)
University of Washington-Seattle Campus // ($25,823,823)
University of Nebraska-Lincoln // ($47,676,043)
University of California-Los Angeles // ($5,825,630)
University of Miami // $35,108
Indiana University-Bloomington // ($6,499,685)
Clemson University // ($3,845,624)
University of Minnesota-Twin Cities // ($19,325,031)
University of Kansas // ($9,408,055)
University of Southern California // ($17,921,486)

 

[embargolifted]

Time to eliminate all the millionaire admins at these universities leaching off the wealth the players generate.

There's a lot of talk in the USA about the broken economy/wealth gap, and nowhere is this more evident than in the separation between the endless wealth these players generate for the universities, and the fact that they earn no income from it, and then all the middle-aged white men (of course) at the top in power positions generating multi-millions in wealth.

In short, the system is ****ed.

 

[11NCs]

Time to eliminate all the millionaire admins at these universities leaching off the wealth the players generate.

There's a lot of talk in the USA about the broken economy/wealth gap, and nowhere is this more evident than in the separation between the endless wealth these players generate for the universities, and the fact that they earn no income from it, and then all the middle-aged white men (of course) at the top in power positions generating multi-millions in wealth.

In short, the system is ****ed.

LOL! The OVERWHELMING beneficiary of football is the money-losing sports - including ALL women's sports (Purdue is the only power 5 school that claims to make money in WBB). Or, as you suggested, it's the money-losing sports leaching off football.

 

[Walruzz]

Time to eliminate all the millionaire admins at these universities leaching off the wealth the players generate.

There's a lot of talk in the USA about the broken economy/wealth gap, and nowhere is this more evident than in the separation between the endless wealth these players generate for the universities, and the fact that they earn no income from it, and then all the middle-aged white men (of course) at the top in power positions generating multi-millions in wealth.

In short, the system is ****ed.

Shhhh! Free thinking is discouraged.

 

[savvyandsassier]

Time to eliminate all the millionaire admins at these universities leaching off the wealth the players generate.

There's a lot of talk in the USA about the broken economy/wealth gap, and nowhere is this more evident than in the separation between the endless wealth these players generate for the universities, and the fact that they earn no income from it, and then all the middle-aged white men (of course) at the top in power positions generating multi-millions in wealth.

In short, the system is ****ed.

Indeed it is. This is not a great time nevertheless, to be organizing and hinting at the possibility of future work stoppages if the players don't finally got their just financial due, what with NO revenues being currently generated, if only on account of Black Swan type reasons, and there's just not going to be that much sympathy when you look at all the sports being permanently cut/discontinued.

So the timing couldn't be any worse. As far as the big BLM moment coinciding with this genuinely earth-shattering development that is the coronavirus pandemic.

 

[4-4-3]

Time to eliminate all the millionaire admins at these universities leaching off the wealth the players generate.

There's a lot of talk in the USA about the broken economy/wealth gap, and nowhere is this more evident than in the separation between the endless wealth these players generate for the universities, and the fact that they earn no income from it, and then all the middle-aged white men (of course) at the top in power positions generating multi-millions in wealth.

In short, the system is ****ed.

The college/university system has become just another revenue generating racket no different from defense, pharma, sick-care or Wall Street.

What have these cartels in common? Wealth transfer to their coffers in exchange for a state of general indebtedness in society. And at unconscionable profit margins.

It's very reminiscent of the the Church prior to the Reformation.
A fat-cat culture that caters to the needs of the "less fortunate," even as it does its part in insuring income inequality and overall financial imbalance.

It's a one-per-center mentality that won't go away on its own. And it's why I support the players.

Whether you view them as students, quasi-employees, semi-pro athletes or whatever, they are, in fact, STAKEHOLDERS and should not be treated as PAWNS.

The rules can be changed to correct the imbalances. The system as it stands is exploiting them.

Even though they get a free ride, it's still disproportionately far less than what the colleges and universities are reaping as a DIRECT RESULT OF THEIR LABOR.

 

[d1042]

The college/university system has become just another revenue generating racket no different from defense, pharma, sick-care or Wall Street.

What have these cartels in common? Wealth transfer to their coffers in exchange for a state of general indebtedness in society. And at unconscionable profit margins.

It's very reminiscent of the the Church prior to the Reformation.
A fat-cat culture that caters to the needs of the "less fortunate," even as it does its part in insuring income inequality and overall financial imbalance.

It's a one-per-center mentality that won't go away on its own. And it's why I support the players.

Whether you view them as students, quasi-employees, semi-pro athletes or whatever, they are, in fact, STAKEHOLDERS and should not be treated as PAWNS.

The rules can be changed to correct the imbalances. The system as it stands is exploiting them.

Even though they get a free ride, it's still disproportionately far less than what the colleges and universities are reaping as a DIRECT RESULT OF THEIR LABOR.

College is an institution of higher learning, lets let all students be equal and pay equally.
No more free rides. Let athletes get and pay for training and apprenticeships out of their own pockets.

We need Drs and scientists and social minded citizens.