Friday, March 27, 2020

2018-19 Revenue Figures

JRSEC and HokieMark cover these subjects better than anyone:

https://csnbbs.com/thread-896892-post-16751558.html#pid16751558

2018-9 Gross Total Revenue
SEC Gross Total Sports Revenue:

1. Georgia: $174,042,482
2. Alabama: $166,812,799
3. Texas A&M: $160,101,611
4. Louisiana State: $157,787,780
5. Auburn: $152,455,418
6. Florida: $143,627,997
7. Kentucky: $143,481,480
8. South Carolina: 140,295,659
9. Arkansas: $139,504,649
10. Tennessee: $135,818,717
11. Mississippi: $96,790,426
12. Missouri: $94,612,498
13. Mississippi State: $93,389,557
14. Vanderbilt: $84,191,143
Total: $1,882,912,216
AVG: $134,493,730
Diff: +$997,201





Big 10 Gross Total Sports Revenue:

1. Ohio State: $209,102,666
2. Michigan: $175,006,632
3. Penn State: $164,529,325
4. Wisconsin: $151,369,153
5. Iowa: $144,070,825
6. Nebraska: $130,313,578
7. Indiana: $126,358,047
8. Minnesota: $122,667,963
9. Michigan State: $116,186,933
10. Northwestern: $111,421,226
11. Purdue: $110,844,907
12. Maryland: $108,796,303
13. Illinois: $100,156,079
14. Rutgers: $83,053,040
Total: $1,853,876,677
AVG: $132,419,763
Diff: *+$4,802,088

* This is the result of the first full year of their FOX contract. It was a nice bump per school. If they get that much again in 2024 we should be 10,000,000 per school ahead.





Big 12 Total Gross Sports Revenue:

1. Texas: $215,829,101
2. Oklahoma: $159,286,136
3. Kansas: $119,768,008
4. T.C.U.: $118,496,653
5. Baylor: $101,243,920
6. West Virginia: $101,095,223
7. Oklahoma State: $91,066952
8. Kansas State: $89,919,819
9. Texas Tech: $86,442,709
10. Iowa State: $79,860,045
Total: $1,163,008,566
AVG: $116,300,857
Diff: -$2,673,779




ACC Gross Total Sports Revenue:

1. Florida State: #$198,407,201
2. Louisville: $148,667,940
3. Miami: $127,170,251
4. Clemson: $124,601,614
5. Duke: $116,021,513
6. Virginia: $108,854,006
7. North Carolina: $105,407,867
8. Syracuse: $99,815,688
9. Pittsburgh: $98,866,362
10. N.C. State: $92,724,547
11. Virginia Tech: $83,767,722
12. Boston College: $82,680,712
13. Georgia Tech: $79,491,714
14. Wake Forest: $76,520,111
Total: $1,592,997,248
AVG: $110,214,089
Diff: #+$8,637,760

#Florida State's revenue was skewed by 78 million in contributions outside of sports revenue. This accounted for a 5.6 million average bump per school in the conferences payout average for Gross Revenue.
The ACC really received a nice 3 million bump per school over the previous year.


**Notre Dame: $169,547,675




PAC 12 Gross Total Sports Revenue:

1. Stanford: $139,390,932
2. Washington: $133,792,677
3. U.C.L.A.: $127,339,042
4. U.S.C.: $118,687,120
5. Oregon: $108,500,370
6. Arizona: $102,275,918
7. Arizona State: $101,836,361
8. Colorado: $98,413,285
9. California: $94,646,123
10. Utah: $94,177,912
11. Oregon State: $82,364,021
12. Washington State: $75,957,792
Total: $1,277,381,553
AVG: $106,448,463
Diff: +$1,421,440


https://accfootballrx.blogspot.com/2020/03/2018-19-eada-revenues.html

You may remember JRSEC - he's an Auburn fan and a mediator on the fan site CSNBBS.com. He has dug into the 2018 EADA data (now available - see below) to come up with total gross revenue for each power five school. Without further ado...

2018-9 Gross Total Revenue (in $20M groupings)

RankTeam$215M-$195MACCB1GPacSECXII
1Texas$215,829,101215
2Ohio State$209,102,666209
3Florida State$198,407,201198
RankTeam$195M-$175MACCB1GPacSECXII
4Michigan$175,006,632175
RankTeam$175M-$155MACCB1GPacSECXII
5Georgia$174,042,482174
6Notre Dame$169,547,675169
7Alabama$166,812,799166
8Penn State$164,529,325164
9Texas A&M$160,101,611160
10Oklahoma$159,286,136159
11LSU$157,787,780157
RankTeam$155M-$135MACCB1GPacSECXII
12Auburn$152,455,418152
13Wisconsin$151,369,153151
14Louisville$148,667,940148
15Iowa$144,070,825144
16Florida$143,627,997143
17Kentucky$143,481,480143
18South Carolina$140,295,659140
19Arkansas$139,504,649139
20Stanford$139,390,932139
21Tennessee$135,818,717135
RankTeam$135M-$115MACCB1GPacSECXII
22Washington$133,792,677133
23Nebraska$130,313,578130
24UCLA$127,339,042127
25Miami$127,170,251127
26Indiana$126,358,047126
27Clemson$124,601,614124
28Minnesota$122,667,963122
29Kansas$119,768,008119
30USC$118,687,120118


https://accfootballrx.blogspot.com/2020/03/clemson-and-fsu-revenue-trends-2005-18.html

Back in 2012 and 2013, certain ACC schools had a decision to make: stay in the ACC and try to make a go of it, or try to jump to the Big XII and the promise of more TV money. One school from the East made that jump - West Virginia - but Clemson and Florida State stayed put. Were they wise to remain in the ACC, or foolish not to follow WVU to the Big XII?

Back in 2014 we reported on early returns, and they were not favorable for WVU [see Big XII: Were ACC Teams Wrong not to jump?]. At that time the problem we reported on was not a lack of revenue for West Virginia, but rather, a mountain of expenses for the Mountaineers. Well, with coaches salaries rising and ACC Network studios on campuses and so forth, it's become fairly expensive to be in the ACC, too!

For that reason, let's turn our attention back to revenues. Here's a table of the total annual revenues for each of the three schools by year:

YEARClemsonFlorida StateWest Virginia
2018$120,532,975.00$168,177,850.00$102,684,423.00
2017$112,600,964.00$144,514,413.00$110,565,870.00
2016$104,823,057.00$113,754,314.00$105,140,368.00
2015$83,534,371.00$120,822,522.00$90,523,565.00
2014$74,793,322.00$104,774,474.00$77,626,819.00
2013$69,061,398.00$91,382,441.00$77,706,698.00
2012$70,002,280.00$100,049,444.00$80,064,869.00
2011$61,174,977.00$78,575,788.00$60,451,426.00
2010$57,562,999.00$74,402,269.00$62,030,104.00
2009$61,416,494.00$74,417,324.00$55,658,165.00
2008$59,180,652.00$73,458,494.00$54,262,716.00
2007$56,028,881.00$77,257,845.00$46,970,708.00
2006$46,430,106.00$67,012,792.00$49,917,536.00
2005$40,445,377.00$56,576,933.00$33,541,339.00
2012-18$635,348,367.00$843,475,458.00$644,312,612.00
2005-11$382,239,486.00$501,701,445.00$362,831,994.00



Have Clemson and Florida State been able to keep up with their in-state SEC rivals, though? Without looking at the numbers, you'd probably think "yes" for Clemson and "no" for Florida State, right? You'd be wrong! Take a look:

YEARFloridaUF vs FSUS CarolinaSC vs CU
2018$161,183,765($6,994,085)$140,084,150$19,551,175.00
2017$149,165,475$4,651,062$136,032,845$23,431,881.00
2016$141,441,109$27,686,795$122,331,092$17,508,035.00
2015$147,105,242$26,282,720$113,172,545$29,638,174.00
2014$124,611,305$19,836,831$98,619,479$23,826,157.00
2013$130,011,244$38,628,803$90,484,422$21,423,024.00
2012$120,772,106$20,722,662$87,608,352$17,606,072.00
2011$123,514,257$44,938,469$83,813,226$22,638,249.00
2010$117,104,407$42,702,138$79,879,193$22,316,194.00
2009$96,814,239$22,396,915$76,117,140$14,700,646.00
2008$106,607,895$33,149,401$66,545,953$7,365,301.00
2007$108,300,504$31,042,659$60,544,531$4,515,650.00
2006$82,877,813$15,865,021$52,058,257$5,628,151.00
2005$77,742,484$21,165,551$46,280,330$5,834,953.00

Back in 2005, the Florida Gators earned $21 million more than the Florida State Seminoles. That gap swelled to $33 million in 2008 and to $44 million in 2011! However, something changed around 2014. That year, FSU pulled to within $20 million of UF. Then, in 2017, the Noles pulled within $5 million of the Gators - and in 2018, Florida State actually earned more revenue than Florida!

What about Clemson? The Tigers' revenue has nearly tripled from 2005 to 2018 - which is great! But in that same span, the Gamecocks have also tripled their revenue - and they were ahead of Clemson to start. Unfortunately, that means the gap also tripled - from just under $6 million to well over $19 million. I suppose it could be worse: SC was over $22 million ahead of Clemson in revenue the year the ACC signed that ill-advised TV contract in 2010. The gap ballooned to its biggest number so far in 2015, at nearly $30 million! So, for now, the good news (if you want to call it "good") is that the Tigers had cut $10 million off that gap by 2018.

Where do we go from here? We should get ACC tax returns in a couple of months, which will give us a better feel for the revenue trends (the 2019-20 athletic year is going to be some seriously messed up data, but we wouldn't be getting that this year anyway - it'll be data for 2018-19). "Normal" revenue numbers from the ACC Network are two years away. Then it'll be time for the SEC to start getting their tier one bump from ESPN... it's a never-ending game of tag in which the ACC is the little brother, always chasing his big brother, the SEC.

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