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Author Topic: Football program ranked 7th in gross revenue 16-17 in the SEC.  (Read 746 times)

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ALLVOL

Re: Football program ranked 7th in gross revenue 16-17 in the SEC.
« Reply #1 on: May 11, 2018, 02:19:33 pm »

Money is not an issue for the Hogs. Let's win!

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bphi11ips

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Re: Football program ranked 7th in gross revenue 16-17 in the SEC.
« Reply #2 on: May 11, 2018, 02:24:36 pm »

Where does the $34M go?  Into other university sports?  If the athletic department overall shows a profit, is it held in reserve for the next year?  Is it reinvested in plant and equipment?  Do expenses include servicing debt?

Razor1997

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Re: Football program ranked 7th in gross revenue 16-17 in the SEC.
« Reply #3 on: May 11, 2018, 02:26:55 pm »

Where does the $34M go?  Into other university sports?  If the athletic department overall shows a profit, is it held in reserve for the next year?  Is it reinvested in plant and equipment?  Do expenses include servicing debt?

Well, I know where about $12M of it went.

ricepig

Re: Football program ranked 7th in gross revenue 16-17 in the SEC.
« Reply #4 on: May 11, 2018, 05:05:28 pm »

Where does the $34M go?  Into other university sports?  If the athletic department overall shows a profit, is it held in reserve for the next year?  Is it reinvested in plant and equipment?  Do expenses include servicing debt?

It goes into the athletic budget to pay for every sport besides Men's basketball and baseball. We make about $15-20m profit in the athletic department, from which bond payments are made on our debt.

bphi11ips

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Re: Football program ranked 7th in gross revenue 16-17 in the SEC.
« Reply #5 on: May 11, 2018, 05:21:43 pm »

It goes into the athletic budget to pay for every sport besides Men's basketball and baseball. We make about $15-20m profit in the athletic department, from which bond payments are made on our debt.

Thanks.
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