CNBC says the Syracuse Athletic Department is worth 487 Million $

[blust2i3d4]

We are No. 50. If B1G and SEC expand to 24 each, we will miss by 2 spots.

 

[PhatOrange]

It does seem paltry for SU but I believe it was 4th in the country for that day. Not bad for little old Syracuse.

It was a Saturday and 17k is not bad when your arena seats 21-22k like most do. The Dome was at 50% capacity. That’s awful.

3rd worst home attended GTown / Syracuse game.

 

[blust2i3d4]

I will never tire from your positivity.

I wouldn't trust this rankings. We are ranked higher than Cal-Berkeley, SMU, Northwestern, UCLA, Maryland, Rutgers, Utah and Virginia Tech.

 

[NKR1978]

This is another data point that shows the ACC is clearly #3. Even without Clemson and FSU, we should be absorbing the best of the Big 12.

 

[rrlbees]

It was a Saturday and 17k is not bad when your arena seats 21-22k like most do. The Dome was at 50% capacity. That’s awful.

3rd worst home attended GTown / Syracuse game.

The size of a stadium doesn’t determine crowd size. Even if we held only 21-22k we would have had 17k. That’s how many fans wanted to go. We were spoiled by the 30k crowds. Other schools would be ecstatic with 17k.

 

[Millhouse]

"Valuation" doesn't really mean anything. It's not like SU Athletics has $487 million in an account somewhere.

It shows what IthacaBarrel said, that we're a lower-end P4 program in terms of money, however loosely defined.

A valuation for something that's never sold, with no comparables that ever sold,

Just a spreadsheet model with untestable assumptions and bad inputs

 

[IthacaBarrel]

A valuation for something that's never sold, with no comparables that ever sold,

Just a spreadsheet model with untestable assumptions and bad inputs

And even in that arena valuations can be loose at best. Depends on what the client is looking for!

 

[pokercuse08]

Nobody above us has less revenue than us, 10 schools below us have more revenue than us. Which is to say, our brand punches above our revenue.

I wouldn't trust this rankings. We are ranked higher than Cal-Berkeley, SMU, Northwestern, UCLA, Maryland, Rutgers, Utah and Virginia Tech.

IIRC Cal has a massive debt load from having to retrofit the stadium when they found out it's right on the Hayward Fault. Maryland has a bunch of debt too, right? I think it's reasonable to rank us ahead of Rutgers, Virginia Tech, and Northwestern right now despite their higher payouts. Part of the valuation has to be related to ratings.

 

[pokercuse08]

This is an interesting proxy for "free agent" rankings for realignment. Basically, financially speaking, where do the non SEC/B1G schools rank? Obviously you would then have to adjust for the politics of it, location, etc.

1. Notre Dame
2. Clemson
3. Stanford
4. Florida State
5. Duke
6. Miami
7. Texas Tech
8. Louisville
9. Kansas
10. TCU
11. UNC
12. Arizona
13. Pitt
14. Baylor
15. Virginia
16. Oklahoma State
17. Georgia Tech
18. Iowa State
19. Syracuse
20. NC State
21. Virginia Tech
22. Colorado
23. Utah
24. Kansas State
25. WVU

I would argue Stanford should move way down, Duke should move down quite a bit, Louisville should move down a bit, Kansas down a bit, Virginia down a bit, Georgia Tech down a bit, Iowa State down a bit. Mostly the rest should just rise up to account for that, with Colorado and Utah perhaps leap frogging a few.

I've been saying this for a while when these topics come up, but the ACC should be trying to raid the B1G to make a viable western division.

I would try to add SMU's pick of two out of TCU, Texas Tech, Baylor, OK State. Then two of Arizona, Arizona State, Utah, San Diego State, UNLV. In a perfect world it would be Arizona State and either SD State or UNLV.

Then you have 21, split into 3 divisions with enough travel partners to make everything more viable for non-revenue.

FB you play 6 division rivals, 2 each from the other divisions, and two non-conference. Basketball you play your division twice (12 games), play everyone else every other year (7 games). Conference tournament is top 4 from each division only using division record, then the next 4 best overall record. 16 teams, no byes.

I guess the complication is the conference title game in football. Add a semifinal?

 

[PhatOrange]

The size of a stadium doesn’t determine crowd size. Even if we held only 21-22k we would have had 17k. That’s how many fans wanted to go. We were spoiled by the 30k crowds. Other schools would be ecstatic with 17k.

Other schools that stink yes.

So I suppose John Wildhack should be ecstatic that we’re at 50% capacity for a Saturday Georgetown game.

 

[Willy75]

I'm pretty sure that Rutgers, UConn and perhaps Maryland athletics operate at a loss. Not sure how that affects valuation methodology.

 

[CuseFan]

CNBC interviewed one of the Milwaukee Bucks owners, who said they were interested in investing into these schools athletic departments. Wouldn't say which schools yet or how far along, but this is a huge change, and would make the athletic departments formally for profit organizations. Maybe I misheard this, as I wasn't paying close attention ?

 

[OrlandoCuse]

Cool, is it up for sale?

 

[orangefog]

Imagine if Adam Weitsman bought the Syracuse Athletic Department

 

[JimBoston]

This is a flawed methodology as the biggest driver of each school valuation is conference affiliation as conference affiliation is the biggest driver of revenues. Put Syracuse in the Big 10 and the valuation would jump up the rankings considerably.