Saturday, December 19, 2015
ACC Revenue
http://www.theterritory.org/phorum/read.php?5,475370,475481#msg-475481
"Yes, the ACC needs new leadership at the top, but what it needs more than that is a new Direction at its
individual league members.
They're not reinvesting their new profits and they are pissing away money on some sports that are not needed.
You have to look at this stuff from a business point of view.
I've compiled a few numbers from the Fed web site and compare the ACC to the SEC.
Now, we all know that the SEC is making more money, but it's their percentages that I noticed and made conclusions.
Too many numbers can be confusing so I'll limit the numbers (but will post them, if somebody wants to see them.
2010 the SEC made 8.0% profit. 2014 the SEC made 8.8% profit.
2010 the ACC made 3.9% profit 2014 the ACC made 6.5% profit
2014 SEC revenues were up 28.1% from 2010
2014 ACC revenues were up 29.4% from 2010
2014 SEC expenses were up 27.0% from 2010
2014 ACC expenses were up 25.9% from 2010
It's an argument I've always had. Too many ACC schools don't reinvest their money. They pocket the extra cash
From a purely cash deposited in the bank standpoint...SEC made 47,260,069 more than the ACC in 2010
and made 52,276,452 than the ACC in 2014.
We can't be down 50 mil a year to people and expect to remain competitive "
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