Sunday, March 3, 2019

FSU Athletic Revenue Numbers



https://accfootballrx.blogspot.com/2019/03/eada-revenue-2018-vs-2017.html

How much did EADA reported revenues change from 2016-17 to 2017-18? Here is a side-by-side comparison for all ACC football member schools...

2018 RankACC Team2018 Revenue2017 RevenueIncrease
4Florida State$177,512,950$144,692,38020.37%
17Louisville$140,155,957$122,445,30413.49%
34UVA$105,486,203$92,962,99912.62%
62Ga Tech$78,213,389$71,438,0089.05%
39UNC$98,849,409$90,500,8698.82%
33Duke$108,585,925$100,480,2067.75%
55Va Tech$86,334,972$80,792,7506.63%
32Clemson$111,852,105$104,925,2526.39%
43Miami$94,723,980$89,135,1756.08%
51Pitt$89,926,268$84,831,0765.83%
67Wake Forest$70,856,132$66,995,2245.60%
64BC$77,850,143$74,587,0714.28%
54NC State$87,929,032$85,201,5723.15%
45Syracuse$93,792,187$91,445,8652.53%
Averages$101,576,332$92,888,1258.04%
12Notre Dame$149,508,530$132,371,4046.67%

https://accfootballrx.blogspot.com/2019/03/2018-eada-avg-revenue-by-conference.html

COMMENTS: The highest conference average is, of course, the SEC (at just over $133M per school). However, this time there were two ACC teams which reported more than the SEC average - Florida State and Louisville. In the case of FSU, the Noles are likely including Jimbo Fisher's buyout money as a one-time revenue (approx. $ 7M). Still very impressive.

On the other end of the spectrum, to understand what a financial drag on the conference Wake Forest has become, consider this: the average revenue with the Deacons included is $101.6M, but without them it jumps to $103.9M - a difference of $2.3M just by removing the bottom school! Wake is, in fact, 65th out of 65 power conference teams (including Notre Dame).


https://csnbbs.com/thread-871639.html

The 2017-18 numbers are now up for the ACC at the Equity in Athletics OPE site. Here are the Total Revenues rankings in the conference:

01. FSU - $177,512,950
02. UL - $140,155,957
03. Clem - $111,852,105
04. Duke - $108,585,925
05. UVA - $105,486,203
06. UNC - $98,849,409
07. Miami - $94,723,980
08. SU - $93,792,187
09. Pitt - $89,926,268
10. NCST - $87,929,032
11. VT - $86,334,972
12. GT - $78,213,389
13. BC - $77,850,143
14. WF - $70,856,132


Below are the 2017-18 numbers and the 2016-17 numbers as well

01. FSU - $177,512,950 - $144,692,380
02. UL - $140,155,957 - $122,445,304
03. Clem - $111,852,105 - $104,925,252
04. Duke - $108,585,925 - $100,480,206
05. UVA - $105,486,203 - $92,962,999
06. UNC - $98,849,409 - $90,500,869
07. Miami - $94,723,980 - $89,135,175
08. SU - $93,792,187 - $91,445,865
09. Pitt - $89,926,268 - $84,831,076
10. NCST - $87,929,032 - $85,201,572
11. VT - $86,334,972 - $80,792,750
12. GT - $78,213,389 - $71,438,008
13. BC - $77,850,143 - $74,587,071
14. WF - $70,856,132 - $66,995,224


01. FSU - $177,512,950 - $144,692,380 +20.37%
02. UL - $140,155,957 - $122,445,304 +13.49%
05. UVA - $105,486,203 - $92,962,999 +12.62%
12. GT - $78,213,389 - $71,438,008 +9.05%
06. UNC - $98,849,409 - $90,500,869 +8.82%
04. Duke - $108,585,925 - $100,480,206 +7.75%
11. VT - $86,334,972 - $80,792,750 +6.63%
03. Clem - $111,852,105 - $104,925,252 +6.39%
07. Miami - $94,723,980 - $89,135,175 +6.08%
09. Pitt - $89,926,268 - $84,831,076 +5.83%
14. WF - $70,856,132 - $66,995,224 +5.6%
13. BC - $77,850,143 - $74,587,071 +4.28%
10. NCST - $87,929,032 - $85,201,572 +3.15%
08. SU - $93,792,187 - $91,445,865 +2.53%


Neil, FSU had 38 million in unspecified revenue. I believe 32 million of that was the buyout on Jimbo Fisher. He announced in Dec of '17, but I think the money may have transferred the end of June. That's my best guess and I'm not swearing it is Gospel.

3 comments:

  1. I thought Fisher only had to pay around $6-$7 million to buyout his contract. I think the person who threw out $32M was thinking of what FSU would've had to pay to fire him (but that's not what actually happened).

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    1. Good point. Thanks for that catch. I always take revenue numbers with a grain of salt. One reason, for example, ACC teams see FSU's numbers and think "you guys are rich, why are you complaining?" They ignore 2 HUGE points. 1) Competing in football at a national title level (which FSU tries to do, but sometimes fails, like they are currently), is the most expensive price tag, by a mile. 2) Having a top 15 athletic program (something Clemson abandoned), is the 2nd most expensive price tag, by a mile. FSU is the only school that strives for both of those....their revenue needs are WAY beyond the average ACC school.....even Clemson's, because of this.

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    2. Yep, totally understand. Kudos to someone at FSU for getting into the top 5 in revenue - even if it's only one or two years every decade - still impressive considering how strong the competition is!

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