NCAA $$$ Pandemic Fallout

The home for Big East hoops

Re: NCAA $$$ Pandemic Fallout

Postby Bogg » Wed Apr 15, 2020 9:40 am

I'd be genuinely curious to know what the books look like for the Butler and Georgetown football teams when tuition paid by the athletes is taken into account. I honestly don't know whether they'd be one of the biggest money losers in the department or surprisingly neutral.
Bogg
 
Posts: 256
Joined: Fri Jun 28, 2019 7:30 pm

Re: NCAA $$$ Pandemic Fallout

Sponsor

Sponsor
 

Re: NCAA $$$ Pandemic Fallout

Postby Jet915 » Wed Apr 15, 2020 10:52 am

Savannah Jay wrote:
LMS wrote:

So Val couldn’t cancel the tournament until NYC told her to which was required for the Big East to collect on their insurance policy. I had not seen that published previously.


It was a good decision to have event cancellation, particularly given the importance of the tournament revenue to the league. But just as important has having the coverage is understanding the terms and following those terms so that the league could collect on the policy.


People critical of Val for this now know there was a good reason...
User avatar
Jet915
Moderator
Moderator
 
Posts: 5832
Joined: Sat Dec 22, 2012 3:44 pm

Re: NCAA $$$ Pandemic Fallout

Postby LMS » Wed Apr 15, 2020 11:08 am

Bogg wrote:I'd be genuinely curious to know what the books look like for the Butler and Georgetown football teams when tuition paid by the athletes is taken into account. I honestly don't know whether they'd be one of the biggest money losers in the department or surprisingly neutral.

I’ve got a good friend who works in admissions at a private university. He has said many times that schools like his use the Olympic sports and partial scholarship sports simply as an admission tool.

Parents and kids like the ego boost of being a “scholarship athlete” after they’ve spent god knows how much time and money on youth travel sports. So a D3 or NAIA school wants to attract a kid who is willing to pay 90% of the tuition for the 10% athletic scholarship. Think about how many students end up enrolling using that model and how many schools would suffer massive enrollment declines if they didn’t offer those sports.
LMS
 
Posts: 172
Joined: Wed Feb 06, 2013 12:29 pm

Re: NCAA $$$ Pandemic Fallout

Postby Xudash » Tue Apr 21, 2020 2:47 pm

https://www.si.com/college/2020/04/08/college-football-future-2020-ncaa-coronavirus

SI article. A good read. But check out the charts, in particular, in the article. Very insightful, and eye popping.
XAVIER
Xudash
 
Posts: 2536
Joined: Wed Dec 26, 2012 9:25 pm

Re: NCAA $$$ Pandemic Fallout

Postby ArmyVet » Tue Apr 21, 2020 3:12 pm

Xudash wrote:https://www.si.com/college/2020/04/08/college-football-future-2020-ncaa-coronavirus

SI article. A good read. But check out the charts, in particular, in the article. Very insightful, and eye popping.


Thank you for sharing that. What a fantastic look at the state of affairs and the potentially huge impact not having football would inflict upon much of college athletics.
ArmyVet
 
Posts: 1168
Joined: Wed Jan 02, 2013 10:12 am

Re: NCAA $$$ Pandemic Fallout

Postby admin » Sat May 16, 2020 7:29 am

Bowling Green announced that they are eliminating their men's baseball program effective immediately.
admin
Site Admin
 
Posts: 1443
Joined: Thu Aug 30, 2012 10:35 am

Re: NCAA $$$ Pandemic Fallout

Postby ArmyVet » Tue May 19, 2020 9:00 am

Furman dropping baseball and lacrosse. The dominoes are beginning to fall across the college sports landscape and I hope that none of your school's favorite programs fall with them.
ArmyVet
 
Posts: 1168
Joined: Wed Jan 02, 2013 10:12 am

Re: NCAA $$$ Pandemic Fallout

Postby ArmyVet » Tue May 19, 2020 10:21 am

ArmyVet wrote:Furman dropping baseball and lacrosse. The dominoes are beginning to fall across the college sports landscape and I hope that none of your school's favorite programs fall with them.

Literally just announced that Central Michigan is dropping men's track due to COVID related $$ issues.

https://www.clickondetroit.com/news/loc ... d-19-cuts/
ArmyVet
 
Posts: 1168
Joined: Wed Jan 02, 2013 10:12 am

Re: NCAA $$$ Pandemic Fallout

Postby Savannah Jay » Tue May 19, 2020 2:59 pm

ArmyVet wrote:
ArmyVet wrote:Furman dropping baseball and lacrosse. The dominoes are beginning to fall across the college sports landscape and I hope that none of your school's favorite programs fall with them.

Literally just announced that Central Michigan is dropping men's track due to COVID related $$ issues.

https://www.clickondetroit.com/news/loc ... d-19-cuts/


Dana O'Neil tweeted that Central Michigan's total expenses for track was $241,794. The school's football expenses were $3.8 million. And they cut track.

I wonder how long before the "non-power" football conf schools rethink football and the benefits vs. costs.
Savannah Jay
 
Posts: 573
Joined: Mon Sep 28, 2015 10:47 am

Re: NCAA $$$ Pandemic Fallout

Postby GumbyDamnit! » Tue May 19, 2020 4:44 pm

Savannah Jay wrote:
ArmyVet wrote:
ArmyVet wrote:Furman dropping baseball and lacrosse. The dominoes are beginning to fall across the college sports landscape and I hope that none of your school's favorite programs fall with them.

Literally just announced that Central Michigan is dropping men's track due to COVID related $$ issues.

https://www.clickondetroit.com/news/loc ... d-19-cuts/


Dana O'Neil tweeted that Central Michigan's total expenses for track was $241,794. The school's football expenses were $3.8 million. And they cut track.

I wonder how long before the "non-power" football conf schools rethink football and the benefits vs. costs.


It's probably a little more complicated than a simple spreadsheet. I know for a lot of schools sports like football spur alumni giving. Any good administration is going to know (or should) the total economic impact of each of their programs--whether it be athletic, academic or social. In Central Michigan's case I'd be interested in seeing the impact of a successful football season has on alum controbutions.
Go Nova!
User avatar
GumbyDamnit!
 
Posts: 3149
Joined: Tue Jan 08, 2013 12:39 pm

PreviousNext

Return to Big East basketball message board

Who is online

Users browsing this forum: Bing [Bot], Google [Bot] and 11 guests