Forgive the full copy Mark, but this article is too good not to share with as many as possible.
This article is another ACC Football RX homerun.
https://accfootballrx.blogspot.com/2018/07/why-did-acc-schools-make-less-money-in.html
Last week USA Today published total revenue and expense numbers for all FBS schools for the 2016-17 fiscal year. On Friday we showed you the details behind those numbers: how much revenue came from ticket sales, how much from donations, rights and licensing, etc.
The question is, why are ACC schools trailing so much in total revenue?
Is it in the ticket sales? Let's see...
RK | School | Ticket Sales |
1 | Texas | $72,457,216 |
2 | Ohio State | $61,560,351 |
3 | Michigan | $55,327,816 |
4 | Texas A&M | $47,458,538 |
5 | Oklahoma | $42,142,811 |
6 | LSU | $41,855,036 |
7 | Arkansas | $40,766,509 |
8 | Alabama | $37,642,667 |
9 | Nebraska | $37,258,695 |
10 | Tennessee | $36,781,724 |
11 | Penn State | $35,500,704 |
12 | Auburn | $32,991,096 |
13 | Kentucky | $32,597,109 |
14 | Louisville | $29,477,742 |
15 | Wisconsin | $28,773,188 |
16 | Georgia | $28,728,491 |
17 | Iowa | $28,253,233 |
18 | South Carolina | $28,018,240 |
19 | Michigan State | $26,802,465 |
20 | Oregon | $26,492,333 |
21 | Washington | $26,480,596 |
22 | Clemson | $25,960,272 |
23 | Florida State | $25,046,047 |
24 | Florida | $24,506,525 |
25 | North Carolina | $23,806,771 |
26 | Mississippi | $23,738,310 |
27 | UCLA | $21,744,254 |
28 | N C State | $21,219,458 |
29 | Minnesota | $20,500,383 |
30 | West Virginia | $20,222,242 |
31 | Oklahoma State | $19,679,074 |
32 | Kansas | $18,957,247 |
33 | Indiana | $18,089,310 |
34 | Missouri | $17,993,862 |
35 | Virginia Tech | $17,312,067 |
36 | Utah | $17,097,290 |
37 | Mississippi State | $15,782,114 |
38 | Arizona | $15,490,786 |
39 | Maryland | $15,291,690 |
40 | Kansas State | $15,274,064 |
41 | Iowa State | $14,260,192 |
42 | Colorado | $13,815,396 |
43 | California | $13,483,996 |
44 | Oregon State | $13,346,970 |
45 | Illinois | $12,825,263 |
46 | Rutgers | $12,824,201 |
47 | Virginia | $12,339,296 |
48 | Texas Tech | $11,970,439 |
49 | Georgia Tech | $11,756,425 |
50 | Arizona State | $10,033,481 |
51 | Connecticut | $9,843,615 |
52 | Purdue | $9,222,191 |
53 | Memphis | $8,804,547 |
54 | Washington State | $7,656,362 |
55 | Cincinnati | $7,420,821 |
56 | Houston | $6,551,591 |
57 | South Florida | $6,071,874 |
58 | San Diego State | $5,809,058 |
59 | Central Florida | $4,458,254 |
60 | Air Force | $3,542,723 |
ACC teams aren't among the top in ticket sales, but many of them can hang with the likes of Georgia, Wisconsin, Michigan State and Florida.
The average ticket sales for the top 60 teams is $22.8M; the ACC average (for the public schools) is $20.8M -- a difference of only $2M.
Is it in the donations? Let's see...
RK | School | Contributions |
1 | Texas A&M | $93,134,590 |
2 | Oregon | $55,713,539 |
3 | Georgia | $54,804,606 |
4 | Texas | $46,019,194 |
5 | Oklahoma | $45,504,839 |
6 | Florida | $45,134,633 |
7 | Florida State | $41,504,734 |
8 | Louisville | $39,268,342 |
9 | Michigan | $38,879,908 |
10 | South Carolina | $38,810,243 |
11 | Ohio State | $37,612,937 |
12 | LSU | $36,973,785 |
13 | Tennessee | $35,428,068 |
14 | Auburn | $35,411,244 |
15 | Washington | $35,367,278 |
16 | West Virginia | $34,599,908 |
17 | Clemson | $33,782,757 |
18 | Alabama | $33,011,723 |
19 | Michigan State | $32,363,526 |
20 | Mississippi | $32,355,158 |
21 | Iowa | $31,999,038 |
22 | Penn State | $30,779,975 |
23 | Nebraska | $26,599,584 |
24 | Virginia | $26,127,871 |
25 | Texas Tech | $25,692,336 |
26 | Mississippi State | $25,035,952 |
27 | Arkansas | $24,907,874 |
28 | Illinois | $24,521,958 |
29 | Wisconsin | $24,110,895 |
30 | Missouri | $23,581,545 |
31 | Indiana | $23,103,658 |
32 | Kansas | $23,042,524 |
33 | Kansas State | $22,154,333 |
34 | Purdue | $21,679,168 |
35 | North Carolina | $21,388,432 |
36 | California | $20,539,482 |
37 | Arizona State | $19,802,494 |
38 | Kentucky | $18,716,315 |
39 | UCLA | $18,680,427 |
40 | Arizona | $18,169,527 |
41 | Iowa State | $17,551,225 |
42 | Colorado | $15,973,080 |
43 | Virginia Tech | $15,766,272 |
44 | Oklahoma State | $15,573,414 |
45 | N C State | $15,078,662 |
46 | Minnesota | $14,018,855 |
47 | Maryland | $12,281,532 |
48 | Georgia Tech | $11,187,993 |
49 | Central Florida | $10,303,140 |
50 | Houston | $9,923,994 |
51 | Oregon State | $9,785,111 |
52 | Memphis | $9,279,348 |
53 | Utah | $9,031,413 |
54 | San Diego State | $8,826,053 |
55 | Air Force | $8,705,370 |
56 | Washington State | $8,212,785 |
57 | Rutgers | $8,125,201 |
58 | Connecticut | $5,666,522 |
59 | Cincinnati | $4,019,074 |
60 | South Florida | $2,566,098 |
There are a couple of top 10 teams in the donations category, and several ACC schools do well here.
The average donations for the top 60 teams is $25.5M; the ACC average (for the public schools) is $25.5M -- ACC teams are slightly ahead of the average, in fact.
RK | School | Rights and Licensing |
1 | Texas | $86,180,263 |
2 | Wisconsin | $72,881,272 |
3 | Kentucky | $72,699,939 |
4 | Michigan | $72,426,033 |
5 | Alabama | $68,798,600 |
6 | Ohio State | $67,221,825 |
7 | Tennessee | $64,551,741 |
8 | Auburn | $64,172,670 |
9 | Florida | $63,925,413 |
10 | LSU | $62,210,369 |
11 | Georgia | $61,580,759 |
12 | Texas A&M | $61,308,222 |
13 | Arkansas | $60,511,806 |
14 | Minnesota | $58,336,123 |
15 | Penn State | $57,847,205 |
16 | Michigan State | $57,429,487 |
17 | South Carolina | $56,169,427 |
18 | Mississippi State | $54,843,236 |
19 | Oklahoma | $54,785,533 |
20 | Indiana | $54,628,351 |
21 | Oregon | $54,172,744 |
22 | Washington | $53,221,324 |
23 | UCLA | $53,104,179 |
24 | Mississippi | $52,989,194 |
25 | Iowa | $52,916,024 |
26 | Nebraska | $52,022,217 |
27 | Illinois | $51,106,796 |
28 | Arizona State | $50,682,502 |
29 | Missouri | $50,138,134 |
30 | Purdue | $48,635,900 |
31 | Maryland | $48,250,773 |
32 | Kansas | $45,958,547 |
33 | Oklahoma State | $45,333,722 |
34 | California | $44,608,242 |
35 | Iowa State | $44,522,437 |
36 | Kansas State | $44,149,409 |
37 | Arizona | $44,010,303 |
38 | Oregon State | $43,615,846 |
39 | Texas Tech | $42,883,884 |
40 | West Virginia | $42,509,496 |
41 | Louisville | $41,700,556 |
42 | Utah | $40,955,439 |
43 | Clemson | $40,625,022 |
44 | Colorado | $39,736,432 |
45 | N C State | $38,408,049 |
46 | Washington State | $38,045,924 |
47 | Florida State | $36,709,768 |
48 | Virginia Tech | $36,617,659 |
49 | North Carolina | $36,499,371 |
50 | Virginia | $35,595,956 |
51 | Georgia Tech | $35,089,773 |
52 | Rutgers | $25,440,105 |
53 | Connecticut | $24,501,727 |
54 | Cincinnati | $17,824,578 |
55 | South Florida | $16,352,125 |
56 | San Diego State | $11,682,122 |
57 | Memphis | $11,068,591 |
58 | Air Force | $11,039,416 |
59 | Central Florida | $10,733,983 |
60 | Houston | $9,721,767 |
The average rights and licensing revenue for the top 60 teams is $46.6M; the ACC average (for the public schools) is $37.7M -- an $8.9M gap!
Kentucky gets $31 million more than Louisville.
That's CRAZY!
Keep in mind that a big chunk of this is TV revenue, though there is some radio, apparel, etc. mixed in as well. The ACC Network should make up most of that average gap; individual schools will need to negotiate better-paying apparel deals, etc. on their own.
You're forgiven. BTW, a boost of $9M per team (e.g. ACCN projected revenue) only gets you to about 30th out of 60 -- Missouri/Purdue type money, but not Ohio State / Alabama money (and certainly not Texas / Texas A&M money!). I don't think FSU needs to make Texas money, but they need to at least make more than Missouri!!!
ReplyDeleteHey, question for you, Z: OK, I know the ACC could do better on TV revenue, but how much impact do you think better divisions would have on ticket revenue? Do you think FSU could get significantly more if it played GT, VT and UNC more (and Wake, BC and Syracuse less)?
ReplyDeleteCheapest ticket for VT is $65. Cheapest for Wake is $25. Ditto for BC. Does that $40 have an impact?
Delete55,000 tickets * $40 * 3 games / 2-year home/away cycle = $3.3 million/season
Over the long-term, the VT/GT/UNC trio would almost certainly average higher attendance than the Wake/BC/Cuse trio, ie more ticket revenue.
It won't fix the ACC. It won't allow for schools to be competitive with their inter-conference peers. But it is needed and important. And besides, playing ACC opponents MORE frequently benefits EVERYONE in the ACC. A big f you to the coastal schools that are too afraid to change.
-------------
Something of note: FSU has a higher-paying apparel deal than UF and still falls $27 million short of them in rights/licensing... Thanks, ACC.
Ironically, FSU already makes $1M more from ticket sales than UF - while playing the current schedule. Donations aren't quite as good, but I assume that's due to UF having more living alumni - especially male alumni.
DeleteFor sure as a VT fan I'd like to see the Hokies play FSU, Clemson, Louisville, even Syracuse more often.
Mark,
DeleteI don't believe so. People I respect are big on that, but I think it would be minimal variation. Especially compared to the many millions with bowl contracts and TV contracts. But I do believe it is an area the ACC needs to wake up on.