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Status:
"everybody getting reported now.."
(set 28 days ago)
Location: Pine Grove,AL
29,585 posts, read 16,564,108 times
Reputation: 6046
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Quote:
Originally Posted by biafra4life
To illustrate the gulf between football and basketball. Either last season or the year before last, the Kentucky football team actually had a decent (not great) season. They are usually terrible in football. Of course we all know how great they are in hoops. Well supposedly that one average football season generated more revenue than the mens basketball team that competes for championships year in and year out.
Revenue =/= profit.
Kentucky's basketball team is more profitable than the football team.
Kentucky's operating profit for the basketball team is around 20 million
the football team is only about 700k in the positive . their entire profit comes from the SEC media rights.
controlling basketball(the NCAA tourny) would actually make the basketball team even more profitable because the revenue sharing would be among less teams.
Kentucky's basketball team is more profitable than the football team.
Kentucky's operating profit for the basketball team is around 20 million
the football team is only about 700k in the positive . their entire profit comes from the SEC media rights.
controlling basketball(the NCAA tourny) would actually make the basketball team even more profitable because the revenue sharing would be among less teams.
Yeah, I would bet a handful of schools like Syracuse, Duke, Kansas all make a ton more money from their basketball programs than their football ones.
Kentucky's basketball team is more profitable than the football team.
Kentucky's operating profit for the basketball team is around 20 million
the football team is only about 700k in the positive . their entire profit comes from the SEC media rights.
controlling basketball(the NCAA tourny) would actually make the basketball team even more profitable because the revenue sharing would be among less teams.
Correct, but what you said illustrates things even more.
Kentucky football has been TERRIBLE for years, heck probably decades and they still were able to stay in the black. Imagine if they had even half of the basketball teams success? they would easily be more profitable than basketball
Status:
"everybody getting reported now.."
(set 28 days ago)
Location: Pine Grove,AL
29,585 posts, read 16,564,108 times
Reputation: 6046
Quote:
Originally Posted by biafra4life
Correct, but what you said illustrates things even more.
Kentucky football has been TERRIBLE for years, heck probably decades and they still were able to stay in the black. Imagine if they had even half of the basketball teams success? they would easily be more profitable than basketball
Kentucky's last bad season was like 2013. they have been .500 or better in the regular season every year since, so 8 years of bowls.
As for your other claim of profitability , no.
the most profitable football team in the entire country was Mississippi State with 20 million.
So assuming Kentucky somehow matched that, that still means their basketball team is worth more because the NCAA gets all the money from the tourney and only gives back 60% to the schools.
Imagine if Kentucky was getting a 50/50 split in tourney revenue with who ever they played instead of a 353 way split of only 60% of the revenue. Thats an 8 or 9 million dollar difference.
Yeah, I would bet a handful of schools like Syracuse, Duke, Kansas all make a ton more money from their basketball programs than their football ones.
Well Duh bball is 13 schollys vs 85. The TV deals are based 80% football 20% bball. An average low level bowl game has more viewers than as SEC or ACC basketball game.
That link is not income vs expenses. They include the TV revenue which is for all sports.
as stated, the above link if not profit, its operating income.
but lets have nuanced approach to this because there are multiple answers technically.
Texas could technically be #1 with 54 million if you include media rights( they have their own network )
I dont include media rights because again, the NCAA tourney money is split between all 300+ Division 1 teams, and they only get 60% of that revenue. so if i dont include it in basketball, i shouldnt include it when talking football.
then you have alumni donations directly to football teams, institutional relief, bowl game payouts, so on and so forth. You have some schools building new stadiums or renovations ,new locker rooms, new training facilities, which skews the numbers as well.
so mississippi state being #1 is technically a blip.
Texas or Oklahoma would usually be #1 by most standards. And im fine with admitting that. I should have been more clear.
But that still raises a point.
Kentucky Basketball comparatively, even when you include media rights in football , makes more net profit than every football team in the ACC, all but 5 teams in the Pac 12.
So to go back to the original point.
if the supposed plan to leave the NCAA does happens, and the SEC, Big 10, and what ever exists out of the remaining power 5 does happen, basketball would end up being super valuable. Duke and Kentucky both have global brands and arent going to be left out of(0r kicked out of) conferences
Football for a long period from the late 1980's to the early 2000's or so, was quite successful and usually ranked. I think it is a matter of time that the program becomes consistently good again though.
[LEFT]"The Big Ten, less than two months after adding USC and UCLA, has landed the largest media rights agreement in college athletics history.
The deal with Fox, CBS, NBC, Peacock and FS1 is for seven years from July 1, 2023, through June 30, 2030, and network sources told Action Network it’s worth between $7 billion and $8 billion.
The contract includes an escalator clause, meaning the deal could approach nearly $10 billion if the Big Ten’s membership increases, network sources said. Even after adding USC and UCLA, the Big Ten “is not done” expanding, sources told Action Network."[/LEFT]
BIG takes at least 2 more PAC schools and the Big 12 takes 4.
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