Teel Time: U.Va., Virginia Tech among top 40 nationally in athletics revenue

[Orangeyes]

http://www.dailypress.com/sports/teel-blog/dp-teel-time-uva-vt-finances-1213,0,240531.post

 

[TexanMark]

Well he is wrong...Syracuse which doesn't report is above VTech and would bump them out.

FB centric schools how no idea how much a cash cow...SU Basketball is. 25k season ticket holders times 20 or so home games...yeah that is a ton of guaranteed income.

 

[HtownOrange]

The data are from the the 2012/13 academic year and do no reflect the new ACC TV deal. Regardless, Louisville and FSU should break into the $100MM Club next year and Syracuse should have a really nice showing, too.

In the related thread: http://syracusefan.com/threads/total-revenues-by-team.76842/ the data are from Equity in Athletics which also appear to be old data. In that data, which appears to be from 2011/12, Syracuse was #37 at $76MM.

It will be great to see what the real numbers are for the year ending now, 2013/14, the first year in the ACC will provide a nice boost to Syracuse' ranking and total.

 

[Orangeyes]

ACC hits record revenue but still trails the pack

 

[rocklloyd]

So he does not include the private schools and then writes an article with a ranked list? Weird. At least make an estimate or do some work to estimate the numbers based on data from other schools.

 

[GoSU96]

The data are from the the 2012/13 academic year and do no reflect the new ACC TV deal. Regardless, Louisville and FSU should break into the $100MM Club next year and Syracuse should have a really nice showing, too.

In the related thread: http://syracusefan.com/threads/total-revenues-by-team.76842/ the data are from Equity in Athletics which also appear to be old data. In that data, which appears to be from 2011/12, Syracuse was #37 at $76MM.

It will be great to see what the real numbers are for the year ending now, 2013/14, the first year in the ACC will provide a nice boost to Syracuse' ranking and total.

The Teel article is for 2012 based on his references to Texas and Louisville totals which tie into the Equity for Athletics totals. The grand total numbers can be pulled from either database, its the same data.

Here is the ACC for 2012.

Institution Name

Basketball Men's

Football

Grand Total Rev

Nat Rnk.

University of Notre Dame

$ 3,958,059

$ 78,349,132

$ 108,509,683

10

University of Louisville

$ 42,398,758

$ 28,069,712

$ 96,193,329

18

Florida State University

$ 8,959,255

$ 43,085,121

$ 89,145,159

23

University of Virginia

$ 7,659,156

$ 21,521,178

$ 84,402,712

27

University of North Carolina

$ 19,632,779

$ 31,481,105

$ 78,141,093

33

Duke University

$ 25,735,093

$ 24,121,573

$ 76,366,113

36

Syracuse University

$ 26,039,030

$ 33,213,622

$ 76,329,618

37

North Carolina State

$ 18,402,969

$ 31,841,355

$ 73,446,347

40

VT

$ 10,682,256

$ 38,669,555

$ 69,845,483

44

Clemson University

$ 6,245,295

$ 41,273,517

$ 68,163,948

46

University of Miami

$ 8,710,238

$ 29,986,463

$ 67,253,273

47

Georgia Tech

$ 6,059,937

$ 30,745,256

$ 63,630,964

54

Boston College

$ 5,461,147

$ 22,939,275

$ 60,770,300

60

University of Maryland

$ 14,223,192

$ 16,480,601

$ 58,107,950

62

University of Pittsburgh

$ 12,810,612

$ 19,140,812

$ 57,606,235

63

Wake Forest University

$ 8,477,699

$ 15,143,335

$ 48,830,266

68

 

[HtownOrange]

ACC hits record revenue but still trails the pack

The ACC per team share was estimated at $20.8MM

That should put the Syracuse revenues in the $90+MM range because Syracuse was not collecting Big East monies the last two seasons in the Big East.

 

[HtownOrange]

Thanks

The Teel article is for 2012 based on his references to Texas and Louisville totals which tie into the Equity for Athletics totals. The grand total numbers can be pulled from either database, its the same data.

Here is the ACC for 2012.

Institution Name Basketball Men's Football Grand Total Rev Nat Rnk.
University of Notre Dame $ 3,958,059 $ 78,349,132 $ 108,509,683 10
University of Louisville $ 42,398,758 $ 28,069,712 $ 96,193,329 18
Florida State University $ 8,959,255 $ 43,085,121 $ 89,145,159 23
University of Virginia-Main Campus $ 7,659,156 $ 21,521,178 $ 84,402,712 27
University of North Carolina at Chapel Hill $ 19,632,779 $ 31,481,105 $ 78,141,093 33
Duke University $ 25,735,093 $ 24,121,573 $ 76,366,113 36
Syracuse University $ 26,039,030 $ 33,213,622 $ 76,329,618 37
North Carolina State University at Raleigh $ 18,402,969 $ 31,841,355 $ 73,446,347 40
Virginia Polytechnic Institute and State University $ 10,682,256 $ 38,669,555 $ 69,845,483 44
Clemson University $ 6,245,295 $ 41,273,517 $ 68,163,948 46
University of Miami $ 8,710,238 $ 29,986,463 $ 67,253,273 47
Georgia Institute of Technology-Main Campus $ 6,059,937 $ 30,745,256 $ 63,630,964 54
Boston College $ 5,461,147 $ 22,939,275 $ 60,770,300 60
University of Maryland-College Park $ 14,223,192 $ 16,480,601 $ 58,107,950 62
University of Pittsburgh-Pittsburgh Campus $ 12,810,612 $ 19,140,812 $ 57,606,235 63
Wake Forest University $ 8,477,699 $ 15,143,335 $ 48,830,266 68

Thanks, GO. If I read this correct and then add the NBC article revenue estimate, Syracuse should be around the mid $90MM. Obviously there can be fluctuations in donations and ticket sales but this is overall very good news!

 

[GoSU96]

Thanks


Thanks, GO. If I read this correct and then add the NBC article revenue estimate, Syracuse should be around the mid $90MM. Obviously there can be fluctuations in donations and ticket sales but this is overall very good news!

In 2010 SU Grand Total Revenue was reported at $51M. 2012 $76M. Will see another big jump with the ACC dollars. SU could be up $40M in reported total revenues between 2010 and 2013.

The question is where did the $25M jump come from? Somebody should be asking Gross that.

 

[HtownOrange]

In 2010 SU Grand Total Revenue was reported at $51M. 2012 $76M. Will see another big jump with the ACC dollars. SU could be up $40M in reported total revenues between 2010 and 2013.

The question is where did the $25M jump come from? Somebody should be asking Gross that.

Part of the answer is in ticket sales, both prices and numbers have increased since 2010, but I don't think that accounts for everything. It may be part of the funky SU accounting, hopefully it is legitimate. Another source could be better and consistent donations under Marrone and Shafer. It would be cool to see real number provided by the university.

As long as Syracuse is truly improving its revenues, I'll be glad. I don't ever want to read a Syracuse article similar to what we read about Rutgers.

 

[GoSU96]

Well he is wrong...Syracuse which doesn't report is above VTech and would bump them out.

FB centric schools how no idea how much a cash cow...SU Basketball is. 25k season ticket holders times 20 or so home games...yeah that is a ton of guaranteed income.

SU is second in men's in D-1 hoops revenue in 2012 behind Louisville.

SU is the only school that reports over $25M ($26M) in hoops and $30M ($33M) in football. The balance and brand power of both is the key to SU being able to compete as a private northern school.

Again this is total revenue dollars, and we have no idea how Dome operations fits into it, but SU has blown past BC, Miami, VT, NCSt, and Clemson and that's before any ACC dollars, which the marginal impact for SU will be 10X what it will for those schools.

 

[GoSU96]

Part of the answer is in ticket sales, both prices and numbers have increased since 2010, but I don't think that accounts for everything. It may be part of the funky SU accounting, hopefully it is legitimate. Another source could be better and consistent donations under Marrone and Shafer. It would be cool to see real number provided by the university.

As long as Syracuse is truly improving its revenues, I'll be glad. I don't ever want to read a Syracuse article similar to what we read about Rutgers.

Ticket sales aren't going to account for an increase in $25M.

Rutgers had a $31M in non allocated revenues in 2012, which for them are usually revenue support from the school or from the state of NJ directly.

 

[Chip]

In 2010 SU Grand Total Revenue was reported at $51M. 2012 $76M. Will see another big jump with the ACC dollars. SU could be up $40M in reported total revenues between 2010 and 2013.

The question is where did the $25M jump come from? Somebody should be asking Gross that.

I think it's a better question for our longtime CFO.