Basketball revenue by program and more...

Even in NCAA Basketball Tournament, Football Schools Take Home the Most Money

"Just because the NCAA Basketball Tournament takes one team from every conference doesn't necessarily mean everyone ends up on equal footing financially. Would you be surprised to learn that the same six conferences that walk away from the football season with the lion's share of the money also take home the majority of March Madness money?
It's true.
Last year, $188.3 million was distributed by the NCAA based on performance in the basketball tournament. Distributions are based on units earned the previous five tournaments, with teams earning one unit for their conference for each game they play in the tournament, with the exception of the title game, which awards no units. Last year, each unit was worth $245,514.
The six conferences who automatically had a team in BCS bowl games – the ACC, Big 12, Big East, Big Ten, Pac-12, and SEC – took home 62.5% of the revenue the NCAA distributed last year based on basketball tournament performance. That left just $70.7 million to be split between the remaining 25 Division I conferences.
The largest distribution last year to a conference outside of those six was to the Atlantic 10, which received $8.1 million. Meanwhile, the smallest amount received by one of the six football conferences with an automatic BCS bid in football was the Pac-12 at $14.5 million. The Big East banked the largest share at $28.7 million.
This isn't simply a one-year fluke either. For 2011-2012, 72% of the distributions went to the six big football conferences. For both 2010-2011 and 2009-2010, 62% of the money went to those conferences."

"A team from outside the six big football conferences hasn't won the title since UNLV did it in 1990. In fact, since UNLV's win in 1990, only four teams in championship games have hailed from conferences outside of the automatic-qualifying football conferences: Butler in 2010 and 2011, Memphis in 2008, and Utah in 1998.

The big-money programs are benefiting in more ways than one. As it turns out, they're more likely to make it into the tournament to begin with. Last year, eight of the 10 top-earning basketball programs made it to the Big Dance. This year, it's nine of the top 10, with only Indiana missing. Spanning out, the percentage of top spends starts to dip; 13 of the top 20 are in the tournament. However, two of the No. 1 seeds are in the Top 20: Arizona (4) and Florida (20)."

	Institution	Men's Basketball Revenue (2012-2013)
1	University of Louisville	$42,398,758
2	Syracuse University	$26,039,030
3	Duke University	$25,735,093
4	University of Arizona	$24,937,572
5	University of Kentucky	$23,201,795
6	Indiana University-Bloomington	$21,331,411
7	University of North Carolina	$19,632,779
8	University of Wisconsin	$19,225,982
9	Ohio State University	$18,781,682
10	Michigan State University	$18,502,472
11	University of Illinois	$18,462,316
12	North Carolina State University	$18,402,969
13	The University of Texas	$16,896,653
14	University of Kansas	$16,412,415
15	Marquette University	$16,045,019
16	University of Arkansas	$15,526,311
17	University of Michigan	$14,799,440
18	University of Maryland	$14,223,192
19	University of Minnesota	$14,067,619
20	University of Florida	$13,393,910

College Basketball's Most Valuable Teams 2014: Louisville Cardinals On Top Again

"The Louisville Cardinals have made two consecutive Final Fours, and a No. 4 seed this year means a third straight trip to the NCAA Tournament’s semi-final round may be in the cards. It would be a fitting outcome because this year also marks the third straight year that Louisville reigns supreme off the court: Now worth $39.5 million, the Cardinals are once again college basketball’s most valuable team.
Louisville has been among college basketball’s three most valuable teams ever since we started ranking the teams in 2008, but that financial success turned to dominance when Louisville began playing home games in the KFC Yum! Center. The new waterfront arena, which opened in 2010, has the third-highest capacity among college basketball arenas. We didn’t rank the most valuable college teams in 2011, the first year that the KFC Yum! Center’s impact would have been recorded, but by 2012 the Cardinals were worth $36.1 million, up nearly 40% from two years earlier.

The new home court allows Louisville to host huge gameday crowds, and the team has ranked third in average home game attendance in every season since its opening (Kentucky and Syracuse have ranked first and second, respectively). Last year the Cardinals collected $12 million from ticket sales alone – Xavier, at No. 17 on our list, makes that much in total annual revenue. Alumni have also been pleased, as the school counts a massive $29 million in contributions, nearly 75% of which it attributes to the basketball team. Add on some $6 million in NCAA and conference distributions and another million in parking and concession sales, and you’ve got the sport’s best recipe for success."


"Instead, we use a weighted methodology to determine how much value the top college basketball teams generate for their athletic departments, universities and fellow conference members. Athletic value is team profit directed toward other sports programs, university value is team income that goes back toward academic programming and conference value measures the money generated for fellow conference members from NCAA Tournament play.
Financial details are from the 2012-13 season, the most recent year for which data is available. We utilize the Department of Education’s financial database and standardize revenue and expense streams to account for differences in accounting practices from school to school.

 

The average team on our list is now worth $20.2 million, down just slightly from last year’s $20.4 million average value. The two biggest changes in value belong to No. 12 NC State, up 30% to $17 million, and No. 6 Arizona, up 29% to $25.2 million. Arizona’s growth actually represents a rebound after dropping from a 2008 value of $22.7 million:"




Full List


How Louisville Makes Twice as Much Money From Basketball as Rival Kentucky

"
It might shock you to learn that Louisville basketball banked nearly twice as much revenue as Kentucky basketball last season. With $42.4 million in revenue, Louisville basketball generated more net revenue than any other basketball program in the country, with Syracuse a distance second at $26 million. Kentucky ranked fifth at $23.2 million.
Why the big difference?
Some believe it's because Louisville is able to sell alcohol in its arena. Under the athletic department's concession contract, it receives 50% of sales, which amounted to just under half a million dollars in 2011, and that was for all concession items. So probably not the beer.

So, where is Louisville making its money?

The fans. Donations to Louisville basketball last year came in at a whopping $21.5 million. That's more than most programs made from all basketball-related revenue sources last year. In fact, only Syracuse, Duke, Arizona, and Kentucky had net revenue greater than $21.5 million last year.

Louisville plays home games in the KFC Yum! (NYSE: YUM  ) Center, which features 72 luxury suites. Those suites are rented for a price ranging from $85,000 to $92,000 each. That's more than $6 million simply in rent, and only 12% goes to the arena. Tack onto that the price of tickets, the donation required to purchase the tickets, food and drinks, and the number starts skyrocketing quickly. Other seats in the arena command donations ranging from $250-$2,500, with the exception of seven student sections and four sections with no donation requirement.

How much does Kentucky make from suites? Zero. Rupp Arena doesn't have suites.

Kentucky isn't alone in missing out on this revenue. Duke, UNC, and Kansas also lack suites but would likely benefit greatly from their addition. All of the schools have discussed the addition of suites, but none have fully committed to any plans. Rupp Arena, where Kentucky plays, will undergo a renovation to be completed in 2017, but suites are still a point of discussion.

If you're wondering why Syracuse is still so far behind Louisville given the Carrier Dome does have suites, it's a simple function of supply and demand. The Carrier Dome has approximately 13,000 more seats than KFC Yum! Center, and accordingly was at just 64.08% capacity last year while Louisville averaged 97.65% of capacity (even though Syracuse averaged approximately 1,000 more fans per game). The Carrier Dome has 40 suites, but the lease fees ($50,000-$83,900) top out below the price of Louisville's cheapest suite. Donations for other seats in the arena max out at $725, less than a third of Louisville's $2,500 max."

"According to last year's Form 990 filed by the American Athletic Conference, Louisville received $11.6 million from the conference. Next season, Louisville will be in the ACC, which should average at least $17 million a year from its television contract with ESPN for each school. The additional $5.4 million in revenue would have moved Louisville up from 18^th-highest revenue in college athletics last year to 14^th behind schools like Texas, Alabama, and Ohio State ... and potentially further ahead of Kentucky, which came in 25^th last year."

ACC TV Information

So much info here, who knows what to believe.  I do know one thing.....without revenue, LOTS OF IT, a conference network is failed.

I hope someday the ACC can achieve a conference network that brings in SEC/B1G level revenue.  My concern today is that John Swofford's insistence to include Raycom (The company his son worked for at the time) in the ESPN/ACC TV contract, will cost the ACC this ability.


The ACC's Third Tier Rights And Why They're Killing The Conference

"I wrote last week that the ACC is currently on its deathbed, largely because of the conference’s poorly renegotiated TV deal with ESPN. My claim provoked an impassioned reaction from commenters on both sides of the debate, and many readers offered detailed and thoughtful responses. But some of those comments also made it apparent that there is a fair amount of confusion regarding the details of the conference’s television rights, particularly third tier rights, and what impact they will likely have on the conference’s future.
It ultimately comes down to the fact that ACC schools do not retain third tier rights for football or basketball games, a sacrifice that was not rewarded with comparable rights fees to those paid to the other “major” conferences. That does not mean that ACC schools are entirely without valuable media rights, but it puts the conference at a significant disadvantage and has led schools like Florida State and Clemson to consider leaving the ACC for another conference.

To quickly cover the basics: there are three tiers of media rights. The first and second tiers are generally controlled by the conferences, which sell them – either separately or combined – to national networks like ABC/ESPN, CBS and Fox. The first tier rights holder gets first pick of the conference’s televised sporting events, usually for over-the-air broadcasts. The unselected games then pass to the second tier rights holder, and games chosen at that level are generally aired on cable networks. The technical definition of “third tier” varies from conference to conference, but it mostly consists of what remains after the first two tier selections have been made. For most conferences, third tier rights belong to the conference members, who are free to monetize them as they see fit.
The most valuable football and basketball telecasts are obviously snatched up by the national networks. What usually remains in the third tier is a few football and basketball games, plus the vast majority of non-revenue sports like baseball, lacrosse and soccer. Third tier rights can also include schools’ multimedia rights for things like radio broadcasts, coaches’ shows, arena/stadium signage and website advertising.
All of these details are important because the ACC included its first, second and a significant portion its third tier rights in the recently signed contract with ESPN. There was some initial confusion about how much the conference actually gave away, but Burke Magnus, Senior Vice President of ESPN’s College Sports Programming, thankfully broke down the details of the new contract a few weeks ago:

ESPN retains exclusive rights to all football and men’s basketball games. Additionally, ESPN retains the first selection rights to women’s basketball and all other ACC sports such as baseball, softball, soccer, lacrosse, etc. Whatever is not selected for coverage and distribution by ESPN from these sports is retained by the member institutions.

 

In other words, ESPN has the rights to every valuable piece of ACC television property. Especially troubling for ACC schools is that they don’t retain rights to football and basketball games, the primary drivers behind television rights fees. The Big 12, by contrast, guarantees each member school third tier rights to one football game and several basketball games each year. ACC schools may be able to monetize the remaining non-revenue games, but the income from third tier live telecasts will be stunted without football or basketball games to help buoy the rights fees.
When I predicted that the conference’s days are numbered, the crux of my argument was that the ACC gave away its members’ most valuable televised properties but accepted sub-par rights fees (the ACC’s deal is worth an average $17 million per school annually; the Big 12′s is worth $20 million). In short, the ACC is giving away more and getting back less.
What’s more, this isn’t the first time that ACC Commissioner John Swofford has left media rights money on the table. When the ACC signed its previous ESPN contract a few years ago, Swofford insisted on maintaining a partnership with syndicator Raycom Sports, possibly giving away increased media rights revenue in the process:

Swofford let the strongest bidders, ESPN and Fox, know that he wanted to include Raycom, which went into the talks as a partner to both networks, rather than trying to bid against their deeper pockets.

The ACC television rights that Raycom secured are credited with keeping the syndicator alive: “company executives acknowledged that keeping a piece of the ACC’s business was the only way the small, regional TV syndicator and production company could stay relevant.” Raycom pays $50 million annually in a sublicense agreement with ESPN; ACC schools see none of that money.
It’s rather surprising that a conference would so willingly take less TV money – the core source of revenue in collegiate athletics – just to keep a broadcast company from folding. There are, of course, plenty of conspiracy theories to explain Swofford’s irrational decision. Raycom Sports is based in North Carolina, and the ACC is often accused of favoring its four NC schools. Then there’s Swofford’s son, Chad Swofford, who is the Senior Director of New Media and Business Development at Raycom Sports (he was also employed by Boston College athletics when the school received an invite from the ACC). But regardless of what theory you choose to believe, the ultimate conclusion is that the ACC has not been the best at negotiating its TV rights contracts."


ESPN launching 15 online college conference channels, but why the ACC?

"ESPN launched 15 conference-specific channels for its online outlet, WatchESPN, the media company announced on Thursday.

The channels can be streamed to television via Apple TV or Roku, and they will feature live men's and women's college basketball games and replays of college football games. With conference basketball tournaments on the horizon, ESPN is offering a platform for most Division I conferences around the country. Those included are the ACC, America East, Atlantic Sun, Big South, Big West, MEAC, SWAC, CIA, Horizon, MAC, MAAC, Missouri Valley, Northeast, Ohio Valley, Southern, Sun Belt and Southland. ESPN plans on broadcasting more than 2,000 live men's and women's games during conference tournaments.

 

The deal doesn't include the Big Ten, Big 12, Pac-12 or SEC because those conferences either already have or are planning to launch their own networks.

The ACC was also expected to be getting its own ESPN television network, not just a piece of WatchESPN. It's unclear what this news means as far as the ACC Network goes. As you'd expect, ACC fans are concerned."

ESPN Launching ACC Network... Plus 14 Other Online College Conference Channels

"Obviously, the main driver here is basketball and the conference tournaments, so that's all well and good, but this does sort of paint our current conference as a second-class citizen compared to the other four major conferences (all of which are exempt from this due to their own current or pending network deals already, by the way). The release mentions that come the fall, non-revenue sports and even some football will be tossed onto these channels though, which is where the worry comes in...

What if this works? What if ESPN can just casually toss all of these league properties onto streaming channels, all for a lower cost and not have to charge consumers a dime (at least upfront)? As the only "power conference" without a network to call its own, this is a critical blow to the ACC in that case. Without those revenues, the gap between the ACC and the other major leagues would widen. We'd see more of Syracuse's (football) games relegated to the online channel. ESPN would have no motivation to go all-in on an ACC Network if this venture is a success, because it would just cost them more money and give them another thing to argue with cable and satellite providers about.

 

... Or maybe I'm just worrying over nothing? No, this doesn't KILL the idea of a stand-alone ACC Network, but it certainly diminishes that possibility a bit. In the short term, it's not the end of the world. But I'm highly concerned about what this could mean in terms of future conference stability, our place in the college sports landscape and the ACC overall."

 

 

ESPN Launches a Digital ACC Channel, and no it doesn’t hinder the possibility of an ACC Cable Network.

 

"Hmm… the ACC is looking into a TV Channel of their own, and this “channel adjacency”  is “very very valuable.” Hey those aren’t my words they are ESPN’s.

In addition from that same article…

 

The additional digital services let ESPN, which is majority owned by Disney, negotiate higher carriage fees from cable and satellite TV providers and also present additional ad inventory. 

 

Let me explain what that statement means… WatchESPN is a service provided by your Cable or Satellite provider. As ESPN enhances their digital content they can charge more for their cable channels, because there is more content to view. Now while I cannot make the leap that an ESPN driven ACC Network will benefit from this because such a network does yet exist, you can infer it in no way would it hinder the development of such a channel. In fact you can argue it may actually help drive the carriage fee up.

For those concerned this is the extent of an ACC Channel, don’t be. It’s doesn’t hinder the possibility in anyway."

 

 

A whole lot more of the ACC may soon be on your TV

 

"So, as the ACC  basketball tournament hits its stride over the next few days, another decision looms for the conference off the court: whether to start a 24-7 cable channel dedicated to the ACC. Commissioner John Swofford told me during a recent interview in Charlotte that the league has begun exploring the idea with ESPN, the company that controls all of the conference’s TV rights through 2026-27.

 

A local company, Raycom Sports, works through ESPN to show ACC football and basketball games across the region and to various stations stretching across the country. Raycom has worked with the ACC in some form since the sports-media company was founded in 1979.

Conference Expansion Information

Please note, this is not an attempt to participate in the often seen Big 12 vs ACC debate (My basic belief is neither will be able to compete consistently in the future against SEC/B1G for differing reasons.  The ACC's being financial and lack of football school depth).  This is merely providing information on the topic of note.


Big 12, ACC Playing Catch-Up Heading into College Football Playoff

"We've covered the SEC, Big Ten and Pac-12 in previous pieces analyzing the respective conferences' competitive and financial status as the BCS gives way to the CFP. That leaves us with the ACC and Big 12, which face more uncertainty and issues of membership stability, as well as falling behind in the revenue arms race.
Why these two conferences are considered the lesser of the five can be viewed through the lens of conference expansions, which the Big Ten kicked off by poaching Nebraska from the Big 12:

• Big Ten: Nebraska (Big 12), Maryland (ACC), Rutgers (Big East)
• SEC: Texas A&M, Missouri (both Big 12)
• Pac-12: Colorado (Big 12), Utah (Mountain West)"

BCS Conference Revenue (2014-15 Season)

Conference	Revenue Per School*	Network Partners	Expires
SEC (14)	$34 million	ESPN, CBS, SEC	2023
Big Ten (14)	$30 million	ESPN, FOX, BTN	2016
Pac-12 (12)	$21 million	ESPN, FOX, P-12	2023
Big 12 (10)	$20 million	ESPN, FOX	2024
ACC (14)	$18 million	ESPN	2026
Notre Dame	N/A	NBC	2025

* Full member shares from conference

Big 12 in BCS Era

BCS Championship Game (7)	2-5
BCS Bowl Games (22)	10-12
Big 12 Teams in BCSCG (3)	Oklahoma, Texas, Nebraska
Big 12 Teams in BCS Bowls (9)	KSU, KU, OSU, Baylor, Colorado, Texas A&M*
Top Big 12 Teams in BCS	Oklahoma (4-5), Texas (3-1), K-State (0-2)

* WVU (3-0) and TCU (1-1) while in other conferences

ACC in BCS Era

BCS Championship Game (4)	2-2
BCS Bowl Games (18)	5-13
ACC Teams in BCSCG (1)	Florida State
ACC Teams in BCS Bowls (6)	VT, Clemson, GT, Maryland, Wake*
Top ACC Teams in BCS	FSU (3-5), Va. Tech (1-4), Clemson (1-1)

* Miami (3-1), UL (2-0), VT (0-1), Pitt (0-1), 'Cuse (0-1) while in Big East

"The ACC has been more proactive in protecting its interests, and thus it's in a better position entering the new era. Of course, Florida State winning the final BCS championship couldn't hurt, either.
While it did lose Maryland to the Big Ten, the ACC got out ahead of the expansion frenzy by poaching Syracuse and Pittsburgh from the Big East and then added another ex-Big Easter Louisville to replace Maryland. While these programs marginally boosted the ACC's football profile, they cemented its status as the premier basketball conference.
The one big football acquisition for the ACC is Notre Dame, even though the Irish joined the conference in all sports except football. Beginning next season, they will play at least five ACC teams every season, and that addition has already paid dividends as each conference team is due to receive an extra million in revenue going forward."



Is West Virginia’s move to Big 12 Conference worth the red ink?

"It took West Virginia University officials nearly eight months — instead of the usual two months — to reveal a financial report on athletics for fiscal year 2011-12.

As expected, the figures all-around were staggeringly ugly. They show that the university’s Department of Intercollegiate Athletics could be in the red for many years to come.

It is in debt nearly $13 million. That could have been almost $16.5 million if the WVU Foundation hadn’t seen fit to hand over to athletics a “gift” of $3.5 million.

According to the report, the department received a revenue of $80,064,869.86 and expenses also set an all-time record of $92,968,426.76.

They were spending money like it was going out of style.

We’re talking about the period from July 1, 2011, through June 30, 2012. So it is assumed that the athletic department won’t be much — if any — better off when fiscal 2012-13 rolls around in about four months.

With numbers like those, are Big 12 Conference athletics really worth the cost? Some people seriously wonder. They fear it’s going to get a lot worse.

This admittedly most recent deficit reportedly follows nine consecutive fiscal years ending with a profit. But predictions are that losses could continue for many years to come.

As a result, some planned projects in the athletic department have been placed on hold, according to WVU officials.

Of course, WVU paying $20 million to exit from the Big East Conference was largely responsible for the huge deficit.

And there are loans still to be paid off.

That was needed to join in the Big 12 by June 30, 2012, so that conference would have a 10th school and deal with TV networks for billions in broadcasting revenues.

But WVU won’t receive a full share in yearly profit until the Big 12 is repaid for its significant loan.

The university also revealed that three internal loans were obtained by the athletic department to help ease operating budgets."

The Coolest College Recreation Centers in America

These are just very cool.  I don't think FSU has anything near this opulent.

These multi-million dollar facilities will make you wish you had a few more credits to earn

FSU Athletic Endowment

Attached is an interesting charting noted FSU's athletic endowment level, and NEEDED level, from 1986 to 2009. 

Related information from other schools:

Oregon State Athletic Endowments

"Athletic Endowments are managed in partnership with the Oregon State University Foundation. Currently The Foundation distributes 4.5% of the principle annually for each endowment"

Boston College

Great list of endowed scholarships and recipients.  Nice touch by B.C.

Michigan coaching position get endowment (PAID SITE)

"The University of Michigan Board of Regents on Thursday approved a $10 million endowment from J. Ira and Nicki Harris to the university’s Victors for Michigan Campaign. "

The rising cost of success

"On October 16, 1931, Clemson lost a disappointing 6-0 football game to The Citadel. Afterwards, former Vanderbilt captain and then-Tiger Head Coach Jess Neely lamented that if he just had a few scholarships he felt he could be successful.

Dr. Rupert Fike decided to do something about it and, working with some other interested boosters, organized the IPTAY Club, the first collegiate athletic fundraising organization in the nation. IPTAY is an acronym for "I Pay Ten a Year," a modest start to a club that would be raising in excess of $14 million per year by the turn of the century. "

"Adding the endowment income with annual gifts still leaves a $7 million gap toward that $12 million scholarship tab, which means that monies that theoretically could have been allocated for improvements elsewhere must be funneled into scholarships to make up the difference. That has restricted what can be done to improve the Commodore athletic brand. "



























Duke athletics more than halfway to Duke Forward goal




"Tom Coffman, Duke Associate Director of Athletics for Development and Planning, said athletics received $74 million in donations for Duke Forward since June 2012—the previous high for a 12-month period of donations was $35 million. The athletic department received multiple gifts of $5 million and $10 million during the 2012-13 academic year."


Other related information:

Endowments Grow From Chalkboards to the Sidelines

Endowments becoming common for football coaching jobs

"Endowments in athletics are similar to those in academics. The donation is invested, and a portion of the return is distributed each year. "

"Coaching endowments are prevalent in Bowl Championship Series conferences, too. The football programs at Stanford, Vanderbilt, Boston College and Northwestern, for example, have endowed positions. Michigan State, Rutgers, Duke and Texas Tech are among those seeking donors for theirs — with required donations as high as $5 million."

Changes coming to Innovation Park Authority

Partners complete Innovation Park restructuring, refocus on core mission

"The approval by state regulators enables Florida State and Florida A&M to have more control over the land and buildings the universities lease there and be able to develop additional parcels as needed."

"FSU and FAMU each received about 17 acres of developable land in Innovation Park. FSU also was granted ownership of land on which it has already developed buildings it owns, and it received the Sliger and Shaw buildings."

"Gary Ostrander, FSU’s vice president for research, said Innovation Park has been an important part of the university’s research mission and has enabled it to build “a culture of discovery” that can compete for top scientific talent.
“This new agreement gives us the flexibility to expand on our research successes, maintain our technological edge and create economic development opportunities that will benefit Tallahassee and the rest of the North Florida region in exciting new ways,” Ostrander said."

"Innovation Park, which totals more than 208 acres southwest of Tallahassee, is home to more than 35 different research and manufacturing organizations. Last year, the LCRDA and the university presidents arriving at an agreement on the park’s future and transfer of its land and facilities was heralded as a major step in cooperation."

See what your university gets from Nike, Adidas or Under Armour (Database)

Value of Apparel Contracts 

"The Portland Business Journal contacted 71 schools to get their apparel contracts via FOIA.

Most of them responded, with only 1 large school (West Virginia) redacting the dollar amounts. Many smaller schools did not report any apparel allowance or cash payments, but due to uncertainty about whether or not they received zero or were simply redacted, I left them out of the averages. Here is the average, by 2015 conference affiliation.

Big 12 (5 schools reporting, not counting WVU) - 3.43 million/year/school
Big Ten (10) - $3.24 million
SEC (11) - $3.21 million
PAC (9) - $2.79 million
ACC (6) - $2.33 million
AAC (4) - $1.83 million (1 other school did not report any income)
MWC (4) - $439,000 (2 other schools did not report any income)
C-USA (3) - $10,000 (3 other schools did not report any income)
Sun Belt (2) - $7,500 (2 other schools did not report any income)
MAC (1) - 0 (7 other schools did not report any income)
New Mexico State - 0

Interestingly, UConn and Cincinnati both made about $2.6 million from their apparel contracts. They ranked 22nd and 23rd on a list that includes 41 Power Conference teams. The only other G5 schools to beat any P5 schools were USF (37th) and UNLV (44th, and beating only 1 P5 school, Clemson by $15,000)."

See what your university gets from Nike, Adidas or Under Armour (Database)

"The University of Michigan's contract with Adidas is the largest in the database. The university gets $4.4 million in equipment and apparel and another $3.8 million in cash annually from Adidas.

Adidas and Under Armour tend to pay more for the right to outfit college athletes. UCLA will get $7.5 million in cash and apparel from Adidas. By comparison, the University of Oregon will get $2.8 million from Nike.

Football may be the most visible college sport, but universities with top basketball programs have contracts as lucrative as top football schools. Basketball powerhouse Kansas will receive $6.1 million in cash and apparel from Adidas this year, more than football power Alabama will receive from Nike ($3.5 million)."

University	Conference	Company	Equipment and apparel allowance	Cash
The University of North Carolina at Chapel Hill	ACC	Nike	$3,200,000	$250,000	View Details
Florida State University	ACC	Nike	$2,800,000	$1,400,000	View Details
University of Maryland	ACC	Under Armour	$1,900,000	$1,475,000	View Details
University of Virginia	ACC	Nike	$1,300,000	$200,000	View Details
Virginia Polytechnic Institute and State University	ACC	Nike	$1,000,000	$275,000	View Details
Clemson University	ACC	Nike	$600,000	$400,000	View Details

Records 1-6 of 6

School's Worth in Realignment 2012-2013

School's Worth in Realignment - 2012-13 

Now that the 2012-13 revenue figures have been released by the NCAA, I slapped together some of the facts and figures that we toss around about a school's worth in realignment and have tweaked it based on other's suggestions. I have taken all of the FBS schools and given them a sliding scale (1-129) score in the following categories:

1. Undergraduate population (indicator of alumni quantity and current ability to support) - 10%

2. Academics - Combined scores of U.S. News and World Report, ARWU, and CMUP to give a decent indicator of undergraduate, graduate, and research capabilities - 20%

3. Director's Cup ranking - A good overview of the health of the entire athletic department. - 20%

4. Following - 75% football attendance and 25% men's basketball attendance. - 20%

5. Funding - 75% gross athletic revenue and 25% university endowment - 30%

The glaring item missing is TV markets, but I agree with JRSec that the future of major realignment will be value, not market potential. Also missing is the subjective "legacy" and "future potential". This is just an indicator of where things now stand.

1 Michigan
2 Texas
3 Ohio State
4 Florida
5 Penn State
6 Wisconsin
7 Texas A&M
8 UCLA
9 Georgia
10 Washington
11 Minnesota
12 California
13 Southern Cal
14 Michigan State
15 North Carolina
16 LSU
17 Oklahoma
18 Florida State
19 Notre Dame
20 Tennessee
21 Stanford
22 Alabama
23 Nebraska
24 Iowa
25 Kentucky
26 Purdue
27 Illinois
28 Virginia
29 Indiana
30 Arkansas
31 Auburn
32 Virginia Tech
33 South Carolina
34 Arizona
35 Arizona State
36 NC State
37 Duke
38 Oregon
39 Missouri
40 Maryland
41 Iowa State
42 Kansas
43 Northwestern
44 Oklahoma State
45 BYU
46 Louisville
47 Colorado
48 Vanderbilt
49 Rutgers
50 Syracuse
51 Texas Tech
52 Pittsburgh
53 Georgia Tech
54 Clemson
55 West Virginia
56 Miami
57 Kansas State
58 Baylor
59 Utah
60 Connecticut
61 Mississippi State
62 Central Florida
63 Oregon State
64 TCU
65 Mississippi
66 San Diego State
67 South Florida
68 Wake Forest
69 Boston College
70 New Mexico
71 Cincinnati
72 Temple
73 Washington State
74 Hawaii
75 Houston
76 Colorado State
77 Rice
78 Massachusetts
79 SMU
80 East Carolina
81 Buffalo
82 Tulsa
83 Memphis
84 Air Force
85 Old Dominion
86 UNLV
87 Tulane
88 Navy
89 Boise State
90 Army
91 Ohio
92 Utah State
93 UAB
94 Miami -OH
95 Akron
96 Wyoming
97 Fresno State
98 Kent State
99 North Texas
100 UTEP
101 UTSA
102 Central Michigan
103 Nevada
104 LA-Lafayette
105 Western Kentucky
106 Florida Intl
107 San Jose State
108 MTSU
109 New Mexico State
110 Toledo
111 Texas State
112 Appalachian State
113 Western Michigan
114 Northern Illinois
115 UNC-Charlotte
116 Marshall
117 Georgia State
118 Bowling Green
119 Idaho
120 Georgia Southern
121 Ball State
122 Arkansas State
123 South Alabama
124 Florida Atlantic
125 Southern Miss
126 Eastern Michigan
127 Louisiana Tech
128 Troy
129 LA-Monroe

For those wondering, the average conference scores are below. This shows where teams will be as of next year (e.g. Louisville in ACC, Rutgers/Maryland in Big 10):

Big 10 - 21.5
SEC - 29.28
PAC - 34.4
ACC - 42.2
Big 12 - 43.1
AAC - 75.5
MWC - 86.6
MAC - 103.1
CUSA - 105.7
Sun Belt - 117.6

FSU loses money AGAIN in the ACC

UPDATE:
Florida State Football Loves to Lose: Team Lost Quarter Million Dollars in ACC Title Game Win Over Duke

Q&A with FSU AD Stan Wilcox, Part II

"Q. In 2012, Florida State lost money by playing in the ACC title game. The ticket allotment was lowered this year so that wouldn't happen again, but financially, is there a concern about the cost-benefit balance following what was such a successful season on the field?

A. We were able to make sure we don’t lose money in the end. This year, I don’t know the final numbers, but we’re definitely not going to lose money. What you’re probably getting to is the [national] championship, and that’s a different animal.

Again, we’re not losing money in the long run, because as a conference, we’re making a lot more money and those dollars are filtered down to the institutions. The issue has to do with the amount of expense allotted to go participate and what your expenses end up being. In that case, because -- if the championship game was at the Orange Bowl, not an issue, but when it’s on the opposite coast, and you have to charter flights for your band, for your team, for the VIPs of the university, that’s where your expenses can outpace the actual allocation dollars that you’re given.

So this year, we didn’t lose very much but when you compare that to what we’re going to get from revenue sharing, it’s really a no-brainer. We’re going to make out well this year. "

FSU loses money on ACC Championship game - again (PAID SITE)


I can't quote this article directly because it is a paid site (I recommend paying for it, one of the only sites that actually reports on the ACC as actual reporters and not just parrots for John Swofford), but here is the general summation.

*FSU lost $478,000.00 on the 2012 ACC Championship Game

*FSU lost $213,812.22 on the 2013 ACC Championship Game

*The ACC 'has been adamant' that teams bring their bands (Cost for FSU $155,000.00 a year)

*FSU has lost approximately $700,000.00 the last two years for going to the ACC Title game



What can you say, this is beyond idiotic and the ACC is just a failed conference.  They don't care though and FSU is stuck footing the bill so the ACC can 'share revenue' with ACC schools sitting on BILLION DOLLAR endowments they don't share.

FSU has a puppet AD (hired by militant pro ACC ex president Dr. Barron) in Stan Wilcox (hired from Tobacco Road school, Duke) who has no issue with this.  This stance says everything about Stan Wilcox.

This isn't hard for the ACC to fix and doesn't take years.  The fact they are dragging their feet tells everything about what kind of conference the ACC is.

Predictions

These post is to record some interesting predictions from various FSU centered issues


ACC Channel on AppleTV

moz9 on 3/22/2014

"Agree with OP. This channel is also available on roku and other media outlets. This is just a sign of things to come. Wait until you see what the kingpin has in store for you next. There will be a HUGE announcement this summer. And no it isn't Barclays ACC tournament or anything like that. The most powerful man in sports has outdone himself this time. I'm worried that chip brown is going to soil his pants so bad that they will have to get him a new chair after he gets wind of this latest Swoffordness."

"ND probably won't be until 2015 but it could be announced earlier. And for you money lovers out there you will be very happy with Swoffords next move. What's really funny is that he gets such a hard time from the TC about the ACC being a basketball first conference when he has actually transformed it into a football first conference. An elite one at that. The blue bloods on tobacco road are not happy with him but he doesn't really care because he is the boss"

"Originally posted by NJNOLES:
The next time moz is right will be the first time ever. Guy is a huge troll, did it all during recruiting season with wrong predictions.

He's on record, ND by 2015 if not sooner. If he's wrong he should be banned."

"I'm on record and so are you.  How about you get banned if I'm right?  Have a great weekend!"


Pben?

Pben on 3/12/2014

"Notre Dame will be FT in the ACC in football within 5 yrs."




TLCC Renovation
 
 Borasch

4/7/2014


"55Nole said...

Agreed. That was $35 Million and the main part was changes to the seating.

I don't think FSU can afford to do that. It sounds more likely that FSU does 2-3 $1-$3 Million projects.

Check out UGA and Ga Tech renovations.....THOSE are really awesome. Tech's was $50 million


I think they will end up doing major renovations when it's all said and done, it was one of Dr Barron's main goals and I think it gets done.
I'd bet they announce something with the changes to that and to Doak before the end of the year. Hopefully this summer."

2011 ACC TV Ratings (Critical numbers prior to big ACC/ESPN TV Contract)

Great article below.  See point B.

Look at these numbers and ask yourself how Swofford did such a poor job of the ACC TV contract.  Remember, he demanded ESPN include Raycom, where Swofford's son worked at the time, and if ESPN did, he would not put the contract out on the open market.

The very fact that ACC schools didn't reprimand Swofford here or worse, brings into question the entire conference and it's staying power in the future.  In fact, almost nowhere do you see a strong questioning of what he is doing and what he has done.  The conference seems to be content in being left behind financially.  Of course, the main reason for this is, only Clemson and FSU feel the need to financially keep up with the SEC.  The rest either don't try or put their money into basketball.  It is why the ACC has such a major issue in football, the primary revenue producer for the ACC and everyone else.

The TV contract and these numbers alone show what a poorly run conference the ACC is.

Sports Data From Nielsen: TV Viewership for College Conferences and Pro Sports Social Media Buzz

Here are the average football viewership totals by conference according to Nielsen:
1. SEC – 4,447,000
2. Big Ten – 3,267,000
3. ACC – 2,650,000
4. Big 12 – 2,347,000
5. Pac-12 – 2,108,000
6. Big East – 1,884,000

Here are the average basketball viewership totals by conference according to Nielsen:
1. Big Ten – 1,496,000
2. ACC – 1,247,000
3. SEC – 1,222,000
4. Big 12 – 1,069,000
5. Big East – 1,049,000
6. Pac-12 – 783,000

"

Some takeaways from those figures:

A. The Big Ten and SEC deserve every penny that they receive and then some – The readers of this blog probably aren’t surprised by the football viewership numbers, but the proverbial icing on the cake is how strong both of them are in basketball.  ACC alum Scott Van Pelt of ESPN once said, “Watching Big Ten basketball is like watching fat people have sex.”  Well, the Big Ten even tops the vaunted the ACC in basketball viewership and it’s by a fairly healthy margin.

B. The ACC has an undervalued TV contract – The flip side of the Big Ten and SEC analysis above is that while the ACC’s basketball viewership strength isn’t unexpected, the much maligned football side actually has strong TV numbers.  If you take a step back for a moment, it makes sense.  Florida State and Miami continue to be great national TV draws (even when they’re down) and schools such as Virginia Tech bring in large state markets.

C.  Pac-12 Commissioner Larry Scott can sell ice cubs to Eskimos – The viewership numbers for the Pac-12 in both football and basketball indicate that they shouldn’t be in the vicinity of the ACC and Big 12 TV contracts, much less currently above the Big Ten and SEC.  The football numbers might be a little lower compared to a normal season with USC having the scarlet letter of not being able to go to a bowl this year, but one would think that some of that would have been countered by strong Stanford and Oregon teams.  Meanwhile, the basketball numbers are just awful – the Pac-12 definitely needs UCLA to resuscitate itself to be viable nationally.  The Pac-12 presidents ought to give Larry Scott a lifetime contract with the TV dollars that he’s pulled from ESPN and Fox.

D.  Big East basketball is a weaker draw than expected – No one should be surprised by the weak Big East football numbers.  However, the basketball and large market-centric side of the league actually had fewer hoops viewers than any of the power conferences except for the Pac-12, which doesn’t bode well with the league losing the strong draws of Syracuse, Pitt and West Virginia.  The Big East was also widely acknowledged as the top conference in basketball last year, so the league was at its competitive peak in the post-2003 ACC raid era.  This gives credence to the argument that large media markets in and of themselves don’t matter as much as large and rabid fan bases that draw in statewide audiences.

E.  The Big 12 is appropriately valued – For all of the dysfunction of the Big 12, it might be the one conference whose TV contracts are actually in line with their viewership numbers.  The Big 12 is ranked #4 among the power conferences for both football and basketball and the likelihood is that it will end up as the #4 conference in TV dollars after the Big Ten, Pac-12 and SEC when all is said and done."

2013 ACC Ratings Info

College football bowl TV viewers drop 2 percent in 2013-14, but BCS ratings increase

"Bowls in which the SEC participated averaged 8.5 million viewers, again the most by any conference. Other conference viewership: Big 12 (8.3 million), Big Ten (8.2 million), ACC (6.8 million), AAC (5.8 million), Pac-12 (5.3 million), Mountain West (2.4 million), MAC (2.3 million), Sun Belt (1.9 million) and Conference USA (1.8 million). "

College Football TV Ratings for Teams and Conferences: 2013 Regular Season

 

2013 nielsen college football data 

"average viewership of top 10 games involving specified conference or team. (caution that these numbers aren't directly comparable to prior reports)

SEC: 9.7 Million
Big10: 7.0 Million
ACC: 5.3 Million
B12: 4.2 Million
ND: 4.0 Million
Pac12: 3.9 Million

source: Nielsen Galaxy Explorer Aug-Dec 2013. National broadcasts only on ABC, CBS, ESPN, FOX, NBC, ESPN2, ENN, NBCSN & ESPNU; regional games not included."

"I count the 10 most viewed games involving ACC games, excluding the ACC CG, as:

Miami-FSU, ABC, 8.35M
Georgia-Clemson, ABC, 8.14M
FSU-Clemson, ABC, 5.68M
Florida-Miami, ESPN, 4.60M
Alabama-Virginia Tech, ESPN , 5.17M
FSU-Pittsburgh, ESPN, 4.47M
Clemson-Syracuse, ABC, 4.42M
Syracuse-Florida State, ABC, 4.41M
Oregon-Virginia, ABC, 4.08M
Syracuse-Penn State, ABC, 3.67M

Avg: 5.299"


College Football: ABC Televises Week’s Top Two Games & Wins Saturday Night

"ABC televised the two most-viewed college football games of the week Saturday, Nov. 2, led by Saturday Night Football Presented by Windows – Florida State defeating Miami 41-14 – which averaged 8,354,000 viewers and a 5.1 rating. That helped ABC win the night among households, viewers, and all key men and adult demographics."

"Six of the top 10 markets for ABC’s Saturday night Miami (Fla.) at Florida State telecast were in the state of Florida, led by Jacksonville which averaged a 16.2 metered market rating. Columbus was second with a 15.5 rating followed by Greenville (15.3), Miami-Fort Lauderdale (15.2), Orlando (14.1), Birmingham (13.9), West Palm Beach (13.8), Fort Myers (13.1), Tampa-St. Petersburg (10.9) and Charlotte (10.2)."


College Football TV Ratings

Men’s College Basketball: ESPN’s Most-Viewed and Highest-Rated Regular Season Ever

UNC/Duke Latest ACC Game to Earn Strong Numbers For ESPN

"
The ACC has been the star of the college basketball season on ESPN.
Saturday’s North Carolina/Duke men’s college basketball game earned 3.5 million viewers on ESPN, up 26% from last year (2.8M), but down 18% from 2012 (4.2M). The game ranks as the fourth-most viewed college basketball game of the season on ESPN, trailing only the two Duke/Syracuse games and Michigan State/Kentucky in December.
Entering championship week, six of the eight most-viewed college basketball games on ESPN this season involved at least one ACC team. Five of the top ten have been ACC conference match-ups.
The only non-ACC games in ESPN’s top ten were Michigan State/Kentucky, Michigan/Michigan State January 25 (3.0M) and Ohio State/Michigan State on January 7 (2.3M)."

FSU Basketball Arena renovations....a history and questions.

Recently, it has been rumored the FSU athletic department and Seminole Boosters are preparing to upgrade the TLCC.  No firm figures have been floated, but based on recent history and figures spent by other universities for new facilities, an educated guess would put the figure at somewhere around $40 to $75 Million.  This will likely include reupholstering the seats to a Garnet color and some upgrades to the outside of the facility.

This upcoming upgrade makes it an interesting time to look at the history of the TLCC and its financial history.  The TLCC was built around 1982 at an original cost of $33.8 Million.  Of that amount, approximately $12 Million was paid for by the state.  That left the city of Tallahassee, the owner of the facility, with an approximately $21 Million debt when it was built.

 Since that time, there have been a few major upgrades and events that are of interest:

*In 2004, FSU assumed $18 Million in debt on the TLCC in exchange for being given 7 of the 13 board members on the committee that runs the TLCC.

*In 2005, FSU spent $23 Million in upgrades to the TLCC.  This mainly included the sky boxes across the middle of the facility.

*In 2005, FSU spent $10 Million for a practice facility next to the TLCC.

 

*In 2012, FSU acquired the facility:

BOT approves acquisition of Civic Center

"The cost of acquisition is about $7 million - most of it assumed debt - and the university is expected to pick up $4.6 million of the bill. Seminole Boosters Inc. will contribute the remainder. "

FSU trustee board unanimously approves taking over Civic Center

"The need to take over the arena first became apparent to school officials this past basketball season. At the time, the Donald L. Tucker Center was placed on a list of distressed properties. Learning that was agonizing to members of the school's leadership, Barron said.

"All of a sudden, the Civic Center went from doing OK to being a distressed property," Barron said.  He believed financially, taking over the space and renovating it was the best thing for the school to do.  "This is not the time to ask the state for a bond," Barron said. "We have to be frugal, responsible.  "Of a once $25 million bond, only $4.4 million remains to be paid, Barron added."

Just considering those major investments, FSU has spent somewhere in the vicinity of $58 Million on the TLCC.  With an upcoming upgrade to the facility, that figure could rise to somewhere from $98 to $133 Million.  That is a decent sum considering FSU has to share it with monster truck events and other entertainment acts.  It is also interesting when you consider the original price tag was $33.8 million in 1982.

To gain some perspective, in the last 10 years or so, there have been a decent number of new facilities built by some of FSU’s competitors.  Here is a list of some of those facilities and some facts on each of them:

 

UVA

http://www.stadiumjourney.com/stadiums/john-paul-jones-arena-s670/

3.1 Stars out of 5

Built in 2006

Cost $131 Million

Seats 14K

Miami

http://www.stadiumjourney.com/stadiums/bankunited-center-s636/

3.6 Stars out of 5

Built in 2003

Cost $48 Million

Seats 8K

UCF

http://www.stadiumjourney.com/stadiums/ucf-arena-s639/

3.9 Stars out of 5

Built in 2007

Cost $107 Million

Seats 10K

Auburn

Built in 2010

Cost $92 Million

Seats 9K

Maryland

http://www.stadiumjourney.com/stadiums/comcast-center-s721/

3.7 Stars out of 5

Built in 2002

Cost

Seats 18K

 

Some random rankings of ACC arenas generally show FSU with a facility that is near the very bottom of ACC basketball arenas:

 

http://www.washingtontimes.com/weblogs/d1scourse/2009/Jan/13/arena-rundown-ranking-the-accs-homecourts/

FSU 12 out of 12

http://blogs.newsobserver.com/accnow/ranking-the-accs-basketball-arenas

FSU 10 out of 12

There is no doubt that the land the civic center sits on is priceless given FSU’s land lock status.  The area is right across the street from FSU’s campus and with the expansion of FSU closer to the state capital (FSU has received a few downtown buildings from the state in the last few years), it will be even more valuable.  

With talk of facilities, it might be important to discuss revenue, given that basketball is one of the two revenue sports at most college athletic programs.  Let’s look at FSU basketball’s revenue producing ability for fiscal year 2011 (as reported by the businessofcollegesports.com):

http://businessofcollegesports.com/2011/12/20/acc-financials-10-11/acc-10-11-3/

Of the 12 ACC schools (data prior to recent ACC expansion), there are 24 ‘revenue sports’.  Of those, 3 made $0 or less:  Wake football, BC Basketball, and FSU basketball.  FSU Football made the most at $17 Million.   

To give some perspective to these numbers:

http://businessofcollegesports.com/2011/12/28/top-50-most-profitable-fbs-football-and-mens-basketball-programs/
 

10-11 Rank	09-10 Rank	School	10-11 Revenue	10-11 Expenses	10-11 Profit
1	1	University of Texas (Football)	$95,749,684	$24,507,352	$71,242,332
2	3	Penn State Univ. (Football)	$72,747,734	$19,519,288	$53,228,446
3	2	Univ. of Georgia (Football)	$74,888,175	$22,036,338	$52,851,837
4	6	Louisiana State Univ. (Football)	$68,510,141	$21,492,741	$47,017,400
5	4	Univ. of Michigan (Football)	$70,300,676	$23,552,233	$46,748,443
6	5	Univ. of Florida (Football)	$72,807,236	$26,263,539	$46,543,697
7	7	Univ. of Alabama (Football)	$76,801,800	$31,580,059	$45,221,741
8	12	Notre Dame (Football)	$68,782,560	$25,164,887	$43,617,673
9	8	Univ. of Tennessee (Football)	$56,831,514	$19,135,650	$37,695,864
10	9	Auburn Univ. (Football)	$76,227,804	$39,069,676	$37,158,128
11	17	Univ. of Arkansas (Football)	$61,131,707	$24,059,193	$37,072,514
12	10	University of Oklahoma (Football)	$58,811,324	$23,191,402	$35,619,922
13	13	University of Nebraska (Football)	$54,712,406	$20,147,302	$34,565,104
14	18	Texas A&M (Football)	$45,414,074	$15,560,216	$29,853,858
15	16	Michigan State Univ. (Football)	$45,040,778	$17,420,499	$27,620,279
16	21	University of Louisville (Basketball)	$40,887,938	$13,336,649	$27,551,289
17	14	Ohio State Univ. (Football)	$60,837,342	$34,373,844	$26,463,498
18	15	Univ. of Iowa (Football)	$44,506,832	$20,510,807	$23,996,025
19	11	Univ. of South Carolina (Football)	$45,464,058	$22,482,479	$22,981,579
20	19	Univ. of Kentucky (Football)	$34,020,276	$14,352,110	$19,668,166
21	22	Univ. of Wisconsin (Football)	$43,296,599	$23,662,925	$19,633,674
22	20	Oklahoma State (Football)	$33,213,396	$13,787,271	$19,426,125
23	27	Univ of Washington (Football)	$39,405,237	$21,306,380	$18,098,857
24	99	Florida State Univ. (Football)	$35,870,789	$18,689,809	$17,180,980
25	30	Univ. of Illinois (Football)	$28,079,694	$12,910,507	$15,169,187
26	29	Duke (Basketball)	$28,917,329	$13,819,529	$15,097,800
27	26	Virginia Tech (Football)	$35,083,799	$20,009,657	$15,074,142
28	33	Univ of Arizona (Basketball)	$21,209,980	$6,918,239	$14,291,741
29	28	Clemson Univ. (Football)	$31,730,042	$17,992,943	$13,737,099
30	25	Univ. of Minnesota (Football)	$30,524,945	$16,985,182	$13,539,763
31	31	North Carolina (Basketball)	$19,672,012	$6,510,942	$13,161,070
32	34	Ohio St. (Basketball)	$17,020,807	$5,251,724	$11,769,083
33	48	Univ of Southern California (Football)	$31,148,724	$19,423,723	$11,725,001
34	41	Syracuse University (Basketball)	$19,017,231	$7,532,455	$11,484,776
35	51	Univ. of North Carolina (Football)	$26,385,760	$15,050,721	$11,335,039
36	37	Arizona State (Football)	$27,842,879	$16,564,598	$11,278,281
37	76	Mississippi State Univ. (Football)	$22,575,985	$11,766,024	$10,809,961
38	38	Texas Tech (Football)	$26,569,287	$15,788,943	$10,780,344
39	23	Univ. of Mississippi (Football)	$28,515,471	$17,764,174	$10,751,297
40	36	North Carolina State (Football)	$21,856,742	$11,329,718	$10,527,024
41	90	University of Louisville (Football)	$25,658,653	$15,582,161	$10,076,492
42	42	Wisconsin (Basketball)	$16,353,313	$6,394,547	$9,958,766
43	46	Indiana (Basketball)	$17,804,586	$7,945,102	$9,859,484
44		Utah (Football)	$21,235,202	$11,426,280	$9,808,922
45	43	Illinois (Basketball)	$15,408,818	$5,630,297	$9,778,521
46	32	University of Colorado (Football)	$25,955,136	$16,308,544	$9,646,592
47	49	Minnesota (Basketball)	$15,141,713	$5,549,650	$9,592,063
48	39	Univ of Oregon (Football)	$27,713,278	$18,198,476	$9,514,802
49	53	Oregon State (Football)	$21,690,794	$12,282,221	$9,408,573
50	61	Iowa State (Football)	$21,862,535	$12,513,317	$9,349,218

http://businessofcollegesports.com/2011/12/29/51-100-most-profitable-fbs-football-and-basketball-programs/

10-11 Rank	09-10 Rank	School	10-11 Revenue	10-11 Expenses	10-11 Profit	% Invested
51	62	Kansas State (Football)	$19,731,620	$10,867,052	$8,864,568	55.07%
52	56	Northwestern Univ. (Football)	$28,198,769	$19,430,675	$8,768,094	68.91%
53	60	University of Texas (Basketball)	$16,437,705	$8,195,360	$8,242,345	49.86%
54	45	Indiana Univ. (Football)	$24,230,741	$16,112,930	$8,117,811	66.50%
55	40	Univ of Arizona (Football)	$25,448,212	$17,965,169	$7,483,043	70.60%
56	50	Michigan St. (Basketball)	$16,479,208	$9,263,945	$7,215,263	56.22%
57	44	Georgia Tech (Football)	$22,557,020	$15,463,243	$7,093,777	68.55%
58	66	Univ of California, Berkeley (Football)	$24,328,784	$17,398,649	$6,930,135	71.51%
59	58	Univ. of Tennessee (Basketball)	$13,785,893	$6,863,233	$6,922,660	49.78%
60	24	West Virginia University (Football)	$19,960,732	$13,230,226	$6,730,506	66.28%
61	100	Oklahoma State (Basketball)	$12,262,241	$5,658,993	$6,603,248	46.15%
62	52	North Carolina State (Basketball)	$10,490,494	$3,947,120	$6,543,374	37.63%
63	67	Northwestern (Basketball)	$11,018,639	$4,577,278	$6,441,361	41.54%
64	54	University of Pittsburgh  (Basketball)	$13,574,317	$7,181,490	$6,392,827	52.90%
65		UNLV (Basketball)	$10,123,168	$3,806,508	$6,316,660	37.60%
66	71	Univ. of Kentucky (Basketball)	$18,557,243	$12,355,375	$6,201,868	66.58%
67	128	Vanderbilt Univ.  (Football)	$22,455,110	$16,507,997	$5,947,113	73.52%
68	63	Purdue Univ. (Football)	$18,359,413	$12,420,742	$5,938,671	67.65%
69	81	University of Missouri (Basketball)	$11,084,210	$5,391,400	$5,692,810	48.64%
70	68	Marquette (Basketball)	$15,568,569	$10,348,303	$5,220,266	66.47%
71		Boise State (Football)	$12,950,605	$7,834,316	$5,116,289	60.49%
72	55	Univ of California, Los Angeles (Football)	$23,017,910	$17,913,658	$5,104,252	77.82%
73	47	Univ. of Arkansas (Basketball)	$14,608,513	$9,548,135	$5,060,378	65.36%
74	65	Univ of California, Los Angeles (Basketball)	$11,621,364	$6,702,818	$4,918,546	57.68%
75	69	Maryland (Basketball)	$10,965,638	$6,062,659	$4,902,979	55.29%
76		BYU (Football)	$15,664,108	$10,764,814	$4,899,294	68.72%
77	64	Univ of Washington (Basketball)	$10,474,040	$5,702,562	$4,771,478	54.44%
78	80	Penn St. (Basketball)	$9,485,900	$4,851,361	$4,634,539	51.14%
79	78	University of South Florida (Football)	$17,017,821	$12,657,523	$4,360,298	74.38%
80	79	Univ. of Alabama (Basketball)	$11,016,184	$6,819,080	$4,197,104	61.90%
81	98	Purdue (Basketball)	$9,396,189	$5,204,365	$4,191,824	55.39%
82	89	Michigan (Basketball)	$9,154,689	$5,102,129	$4,052,560	55.73%
83	70	Georgia Tech (Basketball)	$8,543,269	$4,625,109	$3,918,160	54.14%
84	35	University of Missouri (Football)	$24,694,807	$20,806,778	$3,888,029	84.26%
85	82	Stanford University (Football)	$19,521,092	$15,888,069	$3,633,023	81.39%
86	86	Washington State (Football)	$12,741,698	$9,193,553	$3,548,145	72.15%
87	75	Wake Forest (Basketball)	$8,261,666	$4,773,315	$3,488,351	57.78%
88	84	Univ. of Georgia (Basketball)	$8,718,363	$5,253,434	$3,464,929	60.26%
89	94	Texas A&M (Basketball)	$9,786,655	$6,340,072	$3,446,583	64.78%
90	111	Duke University (Football)	$18,243,589	$14,837,825	$3,405,764	81.33%
91	95	Clemson (Basketball)	$7,705,630	$4,417,665	$3,287,965	57.33%
92	72	Univ. of South Carolina (Basketball)	$7,849,818	$4,618,566	$3,231,252	58.84%
93		Army (Football)	$8,839,775	$5,620,774	$3,219,001	63.59%
94	77	Virginia Tech (Basketball)	$7,858,609	$4,782,477	$3,076,132	60.86%
95		Cal State – Fresno (Football)	$10,059,929	$7,040,523	$3,019,406	69.99%
96		Wyoming (Football)	$8,677,505	$5,770,034	$2,907,471	66.49%
97	88	Univ. of Mississippi (Basketball)	$7,175,223	$4,270,576	$2,904,647	59.52%
98	85	Mississippi State Univ. (Basketball)	$6,914,565	$4,052,623	$2,861,942	58.61%
99		Utah (Basketball)	$6,220,172	$3,516,570	$2,703,602	56.53%
100	57	West Virginia University  (Basketball)	$7,968,819	$5,333,891	$2,634,928	66

Among all colleges, the number 100 revenue producing school/sport is West Virginia basketball, which produced $2.6 Million.  Over 10 years, that is $26 Million.  That is a huge sum of money and that is the #100 revenue producing school/sport.  It clearly shows what FSU is up against financially

All this information leads to questions with possible upcoming upgrades:

*Can the TLCC be viable in today’s competitive college athletics market?

*Is it wise to reinvest in the TLCC or is a new structure the future?

*Is the TLCC part of the reason for lack of revenue coming from FSU basketball?

*What is the longer term strategy of FSU basketball facilities given the current one is now 3 decades old

*Will the current facility allow FSU to be competitive in the future?