TouchOfGrey
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You are confusing revenue generation with turning a profit. Any sport that charges admission, or sales concessions or takes donations can claim that they produce revenue. If that’s the standard you’re trying to use, then every sport at every school generates revenue. But what they do not do is turn a profit. Again, outside of football and men’s basketball, less than 10 sports in the entire country were revenue positive for their schools. That’s directly from the NCAA. None of them were at Vanderbilt.
It’s more common than you think. When my daughter had hers a few years back, her surgeon told us if they did an MRI on the team majority would have one. Either shoulder or hip. The rotator cuff/bicep is a different dynamic when it’s damaged too.Just saw Jenna’s hospital bed post on instagram. Another torn labrum and rotator cuff! That’s three of these pictures this year, too many! Wishing her a speedy and successful recovery!
I will make this blanket obversation : I have seen many many softball teams this year and from top to bottom there is not a more attractive team anywhere with the skills and looks of our LVS.....I just read start her masters in her area of concentration, didn’t say Tennessee. Although she will again do the VolLeader program this summer so the possibility is still there.
It’s more common than you think. When my daughter had hers a few years back, her surgeon told us if they did an MRI on the team majority would have one. Either shoulder or hip. The rotator cuff/bicep is a different dynamic when it’s damaged too.
You are confusing revenue generation with turning a profit. Any sport that charges admission, or sales concessions or takes donations can claim that they produce revenue. If that’s the standard you’re trying to use, then every sport at every school generates revenue. But what they do not do is turn a profit. Again, outside of football and men’s basketball, less than 10 sports in the entire country were revenue positive for their schools. That’s directly from the NCAA. None of them were at Vanderbilt.
Why? what is the big deal about turf infield?
I think folks are confusing accounting gymnastics with actual profitability.
Universities have to find a way balance the books for all of their sports. Otherwise, expenses, salaries, equipment, etc. wouldn’t get paid. The University has to find the money to do this.
One way to create the needed money is through booster donations. Another way is through revenue generated by the given sport (tickets, merch, etc.). And when there is still a shortfall as in most non-revenue sports, the last resort is through “robbing Peter to pay Paul” accounting practices in which the accountants take just enough of a general revenue source (like the SEC Network deal) and apportion it to cover the outstanding expenses in the given sport.
So, at the end of the day, the books for Sport X show that the sport broke even or had a slight “profit.” Even though the sport itself didn’t generate all of the necessary revenue to cover its expenses.
I don’t so, Megan is 105K and Chris is 130K (getting Kate as volunteer asst.) based on the open records. Believe we are in line with asst coaches. But Karen in underpaid compared to those around her, especially with her resume (not updated until recently)Karen’s salary was middle of the pack I wondered at the time if she spread some out to have the assistants she has now. If so it has paid off.
I negotiate and write contracts for a living, and I don’t know any college athletics department that does accounting the way you described. Coaching salaries, scholarships, all of that come out of a general fund, there’s not a team by team profit and loss statement typically.
Public schools have to report all expenses and profits and disclose them in a public annual report, it’s filed with the NCAA and available to media with a freedom of information request. So it’s easy to calculate, but no school actually does their accounting that way.
Isn’t ND similar to Vandy in that they are a private institution and not subject to disclosure requirements?Just one point, a few years ago, the salary of the head coach of Notre Dame's women's basketball program was endowed by individuals (husband and wife). I am pretty sure endowments are kept separate from the general fund. Most athletic programs are subsidized by its football program.
I don’t so, Megan is 105K and Chris is 130K (getting Kate as volunteer asst.) based on the open records. Believe we are in line with asst coaches. But Karen in underpaid compared to those around her, especially with her resume (not updated until recently)