50 million + 17 million, + 14 million to date = 81 million. If the beat pSU that total increases to 87 million.
Give up independence for a measly 5-10 million difference. No thanks
According to chatgpt I was way off on my $20 million guess. Here's what chatgpt has to say:
The annual budget for a major college football program to remain competitive can vary widely, but top-tier programs typically spend $50–$100 million or more per year. Here's a breakdown of key cost areas:
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1. Coaching Salaries
Head Coach: $5–$12 million annually for elite coaches.
Assistant Coaches: $1–3 million per coach for coordinators; $500,000–$1 million for position coaches.
Support Staff: Analysts, recruiting coordinators, and operations staff can add several million.
2. Facilities and Infrastructure
Stadium Maintenance: Costs for upkeep, utilities, and staffing.
Training Facilities: Renovations, equipment, and sports science technology can total $10–30 million annually.
Locker Rooms: Luxury upgrades can run into the millions.
3. Recruiting
Travel Costs: Private jets, hotels, and meals for coaches scouting talent.
Recruiting Events: Hosting recruits on official visits, which include game-day experiences and perks.
4. Scholarships
Full-ride scholarships (tuition, housing, meals, books) for 85 scholarship players: $4–6 million annually.
5. Travel
Team Travel: Charter flights, hotels, and meals for away games can cost several million per season.
Staff and Band Travel: Additional travel costs for the marching band and support staff.
6. Marketing and Branding
Advertising, NIL (Name, Image, Likeness) support, and social media campaigns to attract recruits and fans.
7. Game-Day Operations
Security, staffing, concessions, and utilities for home games can cost $1–5 million per game.
8. NIL Support
Competitive programs often allocate resources to help players secure NIL deals, indirectly boosting recruiting.
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Example Spending Levels:
Alabama (2022): ~$62 million.
Ohio State (2022): ~$65 million.
Texas A&M (2022): ~$70 million.
Key Drivers of Costs:
The push for top-tier facilities, highly paid coaching staffs, and competitive recruiting practices drives spending.
Programs that succeed in the College Football Playoff often spend on the higher end of the spectrum.
But to your point $87 million is more than enough to stay competitive.