D1 sports expenditures/income for 2013-2014

[robinreed]

This is from USA Today and appears to be for the 2013-2014 school year. It lists the budgets, income and expenditures for 230 NCAA Division 1A and 1AA schools.

Please note we ARE NOT listed as this particular list is only for public schools. I do not know why as private schools must report numbers to the NCAA as well. This may be of interest to some of you. It is very expensive to be an all sports school these days. Even West Point spends 37 million plus in this list. They do have a lot of sports teams but are not very good at any of them. Of course sports is not their highest concern nor should it be, still 37 MM plus is a lot of money. It is also of interest that Wichita State has a sports budget of over 24 MM. Virginia Commonwealth has a sports budget of 28 MM. I expect both Wichita and VCU exceed most and perhaps all Big East schools in their sports budgets. Perhaps Georgetown would be the exception.

http://sports.usatoday.com/ncaa/finances/

[marquette]

It is also of interest that Wichita State has a sports budget of over 24 MM. Virginia Commonwealth has a sports budget of 28 MM. I expect both Wichita and VCU exceed most and perhaps all Big East schools in their sports budgets. Perhaps Georgetown would be the exception.

http://sports.usatoday.com/ncaa/finances/

Part correct, part incorrect. Most recently reported athletic budgets (rounded slightly):
St. John's was $37,650,000. ($8.25 million for men's basketball)
Villanova was $34,850,000. ($7.3 million for men's basketball)
Georgetown was $34,500,000. ($10.3 million for men's basketball)
Marquette was $29,700,000. ($10.5 million for men's basketball)
Providence was $26,040,000. ($7.1 million for men's basketball)
DePaul was $25,000,000. ($6.3 million for men's basketball)
Seton Hall was $21,700,000. ($6.4 million for men's basketball)
Creighton was $18,3000,000. ($6.24 million for men's basketball)
Butler was $17,570,000. ($4.07 million for men's basketball)
Xavier was $16,550,000. ($5.2 million for men's basketball)

These are self-reported numbers and can all be found at http://www.bbstate.com/

VCU's bball number was $5.4 million. Wichita State $5.13 million.

Interestingly, according to your link, VCU's budget comes mainly from subsidy (68%), which I assume is from student fees. Wichita is at 30.7%.

[gosports1]

actually Army's non revenue sports are competitive in the Patriot League

[Jet915]

The amount of subsidies most of these schools are receiving are outrageous.

[robinreed]

It is also of interest that Wichita State has a sports budget of over 24 MM. Virginia Commonwealth has a sports budget of 28 MM. I expect both Wichita and VCU exceed most and perhaps all Big East schools in their sports budgets. Perhaps Georgetown would be the exception.

http://sports.usatoday.com/ncaa/finances/

Part correct, part incorrect. Most recently reported athletic budgets (rounded slightly):
St. John's was $37,650,000. ($8.25 million for men's basketball)
Villanova was $34,850,000. ($7.3 million for men's basketball)
Georgetown was $34,500,000. ($10.3 million for men's basketball)
Marquette was $29,700,000. ($10.5 million for men's basketball)
Providence was $26,040,000. ($7.1 million for men's basketball)
DePaul was $25,000,000. ($6.3 million for men's basketball)
Seton Hall was $21,700,000. ($6.4 million for men's basketball)
Creighton was $18,3000,000. ($6.24 million for men's basketball)
Butler was $17,570,000. ($4.07 million for men's basketball)
Xavier was $16,550,000. ($5.2 million for men's basketball)

These are self-reported numbers and can all be found at http://www.bbstate.com/

VCU's bball number was $5.4 million. Wichita State $5.13 million.

Interestingly, according to your link, VCU's budget comes mainly from subsidy (68%), which I assume is from student fees. Wichita is at 30.7%.

Thanks for your information Marquette. We are much better off than I suspected with 4 of our schools above the VCU budget. One thing that must be noted is that if we offer FCOA for all scholarship athletes then SH, Creighton, Butler and X
will be most disadvantaged. This makes me suspect some of our schools will only offer FCOA for basketball and certain women's sports whilst others may offer it for all scholarship athletes. It is worth noting that the three new schools (including my XU) are at the bottom while the 7 old Big East schools are at the top. Perhaps this spending is to some extent a carryover from what they needed to spend in the old BE in order to be competitive.

Certainly Georgetown and Marquette are taking their basketball seriously per the over 10 MM they spend on it each year.

[marquette]

Part correct, part incorrect. Most recently reported athletic budgets (rounded slightly):
St. John's was $37,650,000. ($8.25 million for men's basketball)
Villanova was $34,850,000. ($7.3 million for men's basketball)
Georgetown was $34,500,000. ($10.3 million for men's basketball)
Marquette was $29,700,000. ($10.5 million for men's basketball)
Providence was $26,040,000. ($7.1 million for men's basketball)
DePaul was $25,000,000. ($6.3 million for men's basketball)
Seton Hall was $21,700,000. ($6.4 million for men's basketball)
Creighton was $18,3000,000. ($6.24 million for men's basketball)
Butler was $17,570,000. ($4.07 million for men's basketball)
Xavier was $16,550,000. ($5.2 million for men's basketball)

These are self-reported numbers and can all be found at http://www.bbstate.com/

VCU's bball number was $5.4 million. Wichita State $5.13 million.

Interestingly, according to your link, VCU's budget comes mainly from subsidy (68%), which I assume is from student fees. Wichita is at 30.7%.

Thanks for your information Marquette. We are much better off than I suspected with 4 of our schools above the VCU budget. One thing that must be noted is that if we offer FCOA for all scholarship athletes then SH, Creighton, Butler and X
will be most disadvantaged. This makes me suspect some of our schools will only offer FCOA for basketball and certain women's sports whilst others may offer it for all scholarship athletes. It is worth noting that the three new schools (including my XU) are at the bottom while the 7 old Big East schools are at the top. Perhaps this spending is to some extent a carryover from what they needed to spend in the old BE in order to be competitive.

Certainly Georgetown and Marquette are taking their basketball seriously per the over 10 MM they spend on it each year.

It will be interesting seeing how the conference handles FCOA. I think that, at this point, the difference between the old BE schools and the new schools is still a function of the former revenue differential. I believe we will see some evening out over time.

As to MU and GU being committed to basketball, you are correct. We are ranked 8 and 9 in basketball budgets in the country. http://www.bbstate.com/info/teams-hoopsbudget

the numbers are

8. Marquette
9. Georgetown
21. St. John's
32. Villanova
36. Providence
51. Seton Hall
57. DePaul
58. Creighton
78. Xavier
91. Butler

Every one of our schools is in the top 100. Half are in the top 50, with 3 more in the 51-60 range. Not bad everybody.

If anyone is curious, the top spenders are (predictably) Louisville, Kentucky, Duke, and Syracuse in that order. Additionally, Gonzaga (60), VCU (75), Wichita State (79), Dayton (81), Richmond (89), and SLU (90) are all in the top 100. There are no schools in the top 50 outside the F5+BE+AAC except 49 San Diego State(MWC).

[milksteak]

With the updates to our facilities, I would imagine we will be a few spots higher in the next annual report.

[Xudash]

It is also of interest that Wichita State has a sports budget of over 24 MM. Virginia Commonwealth has a sports budget of 28 MM. I expect both Wichita and VCU exceed most and perhaps all Big East schools in their sports budgets. Perhaps Georgetown would be the exception.

http://sports.usatoday.com/ncaa/finances/

Part correct, part incorrect. Most recently reported athletic budgets (rounded slightly):
St. John's was $37,650,000. ($8.25 million for men's basketball)
Villanova was $34,850,000. ($7.3 million for men's basketball)
Georgetown was $34,500,000. ($10.3 million for men's basketball)
Marquette was $29,700,000. ($10.5 million for men's basketball)
Providence was $26,040,000. ($7.1 million for men's basketball)
DePaul was $25,000,000. ($6.3 million for men's basketball)
Seton Hall was $21,700,000. ($6.4 million for men's basketball)
Creighton was $18,3000,000. ($6.24 million for men's basketball)
Butler was $17,570,000. ($4.07 million for men's basketball)
Xavier was $16,550,000. ($5.2 million for men's basketball)

These are self-reported numbers and can all be found at http://www.bbstate.com/

VCU's bball number was $5.4 million. Wichita State $5.13 million.

Interestingly, according to your link, VCU's budget comes mainly from subsidy (68%), which I assume is from student fees. Wichita is at 30.7%.

Thanks for your information Marquette. We are much better off than I suspected with 4 of our schools above the VCU budget. One thing that must be noted is that if we offer FCOA for all scholarship athletes then SH, Creighton, Butler and X
will be most disadvantaged. This makes me suspect some of our schools will only offer FCOA for basketball and certain women's sports whilst others may offer it for all scholarship athletes. It is worth noting that the three new schools (including my XU) are at the bottom while the 7 old Big East schools are at the top. Perhaps this spending is to some extent a carryover from what they needed to spend in the old BE in order to be competitive.

Certainly Georgetown and Marquette are taking their basketball seriously per the over 10 MM they spend on it each year.

Robin,

You came to an erroneous conclusion based strictly on looking at the budget numbers. These figures do not tell the whole story when it comes to Xavier's ability to handle FCOA payments.

Both Xavier and Butler do not pay rental expense for their basketball facilities; they both have on campus facilities. All of our other conference mates have to pay rent for NBA-type facilities. Additionally, our Eastern colleagues reside in higher cost living areas. That affects virtually every line item of their budgets.

The bottom line is that the important number to focus on, technically, is free cash flow (FCF).

[marquette]

Robin,

You came to an erroneous conclusion based strictly on looking at the budget numbers. These figures do not tell the whole story when it comes to Xavier's ability to handle FCOA payments.

Both Xavier and Butler do not pay rental expense for their basketball facilities; they both have on campus facilities. All of our other conference mates have to pay rent for NBA-type facilities. Additionally, our Eastern colleagues reside in higher cost living areas. That affects virtually every line item of their budgets.

The bottom line is that the important number to focus on, technically, is free cash flow (FCF).

This a solid point. I know Georgetown gets a sweetheart deal with their arena because the owner is an alum, while Marquette has very low rent because the Bradley Center needs dates filled. St. John's, for example, pays around 5X what we do. I'm not 100% sure what Georgetown's number is.