Saturday, March 21, 2015

Behind the numbers: Florida State football made $31.3M in national title season



Behind the numbers: Florida State football made $31.3M in national title season

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How much does it pay to be a national champion?
For the Florida State football team, it paid well in the form of $31.3 million in recorded profit.
That's nothing near the 121.8 million that Oregon football pulled in, but much of that was because of the donation of a massive facility from Nike's Phil Knight.
It was closer to the $40 million that Ohio State football recorded making over the same time period.
This all from data schools are required to send to the NCAA after each year.
In 2013-14, Florida State football had a total operating revenue of $64 million compared to nearly $33 million in total expenses.
Here's a breakdown of total operating revenue by sport at Florida State:
Football – $64,152,286
Men's basketball – $10,559,780
Women's basketball – $2,836,081
Other sports – $10,396,113
Non-sport specific – $16,830,214
Overall – $104,774,474
Profit reported (revenues minus expenses):
Football – $31,295,778
Men's basketball – $4,146,979
Women's basketball – (-)$744,356
Other sports – (-)$6,032,718
Non-sport specific – (-)$26,547,484
Overall – $2,118,199
So what does that all mean? And how are they making that much on football?
It starts with the donations ($15.8 million for football, $22.5 million overall), but also is impacted heavily by ticket sales.
Here is a look at all that Florida State ticket revenue number by sport:
Football - $23,315,974
Men's basketball - $1,474,172
Baseball - $685,777
Women's basketball - $39,701
Softball - $20,612
Women's soccer - $14,517
Total - $25,890,094
Then there are NCAA/conference distributions, which amounted to $14.6 million. That includes money brought in from conference/NCAA television agreements and distribution.
Those numbers are part of the reason coaching salary numbers can escalate and sports teams that bring in more money then can pay out more.
What did Florida State head coaches make, including salary, benefits and bonuses in 2013-14?
Men's sports
Jimbo Fisher - football - $3,817,236
Leonard Hamilton - basketball - $2,395,935
Mike Martin - baseball - $537,201
Trey Jones - golf - $163,000
Dwayne Hultquist - tennis - $155,342
Women's sports
Sue Semrau - basketball - $848,003
Mark Krikorian - soccer - $400,248
Lonni Alameda - softball - $214,933
Chris Poole - volleyball - $207,192
Jennifer Hyde - tennis - $149,776
Amy Bond - golf - $116,676
Danalee Corso - sand volleyball - $116,085
Men's and women's teams:
Bob Braman - track and field/XC - $329,949
Frank Bradley - swimming and diving - $179,893
Other programs to read about:
Ohio State
Iowa
LSU
Oregon
Michigan (Detroit Free Press)
Indiana (Indy Star)
Purdue (Indy Star)"

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