How quickly people forget how talented this Florida state team was pic.twitter.com/TVRUQQ8uBa
— CFBTalkDaily (@CFBTalkDaily) May 17, 2023
How quickly people forget how talented this Florida state team was pic.twitter.com/TVRUQQ8uBa
— CFBTalkDaily (@CFBTalkDaily) May 17, 2023
A major leadership change in the works for FSU-headquartered National MagLab
After heading the Florida State University-headquartered National High Magnetic Field Laboratory for nearly two decades, Greg Boebinger is stepping down from his position as the MagLab’s director.
“I’ve never done this before, so after 19 years it certainly is a mixed feeling,” Boebinger told the Tallahassee Democrat.
As Boebinger prepares to return to the faculty over the summer, the university is launching a national search to choose his replacement, where FAMU-FSU College of Engineering Dean Suvranu De will serve as chair of the 14-person search committee.
His departure comes as the university and local economic leaders try to position Tallahassee as the "Magnetic Capital of the World," which could draw industries in a cutting edge industry to a city that has worked for years to diversify its economy beyond state government.
The National MagLab — which receives funding from the National Science Foundation and the state of Florida — hosts researchers from universities like the University of Florida as well as businesses and labs around the world, using unique high field magnets and instruments to further research and make discoveries.
Under Boebinger’s additional role of being the principal investigator of the MagLab’s core funding grant, it has grown by 67 percent, according to a university release.
The laboratory has also had over 8,400 publications and contributed to over 1,200 master’s or doctoral theses during Boebinger's tenure as director.
In addition, Boebinger is a member of the National Academy of Sciences for his career in physics and is also a fellow of the American Academy of Arts and Sciences, American Physical Society and the American Association for the Advancement of Science.
Since 2012, college football viewership has already been "operating" in a P2 world. The SEC and Big Ten dominate college football for conference games that draw 4 million viewers or more.
— Big Ten information. College football fan (@Genetics56) May 29, 2023
THAT is why the Big Ten and SEC get paid the big dollars and nobody else
As part of the… pic.twitter.com/tdetNQ76L2
TOO MUCH ATHLETIC DEPARTMENT DEBT?
— Tony Altimore (@TJAltimore) May 29, 2023
(...and those without any!)
The wise @KnightAthletics folks have been warning us for years about the crippling rise in debt held by major athletic depts, fueled by a wild arms race in facilities.
Now, in fairness:
There are often… pic.twitter.com/KLQySQ0Y6o
ACC titles in the nine years under current membership:
#UVa and FSU 30
— David Teel (@ByDavidTeel) May 29, 2023
UNC 29
N.C. State 27
Notre Dame 24#Hokies and Duke 18
Clemson 17
Syracuse 11
Wake Forest 10
Louisville 8
Miami 6
Pitt and Georgia Tech 5
Boston College 1
Percentage of wins that are majors:
— Darren Rovell (@darrenrovell) May 21, 2023
Brooks Koepka — 27%
Jack Nicklaus — 24.6%
Tiger Woods — 18.3%
'Noles with wins in the Majors
— SeminolesGolf (@SeminolesGolf) May 21, 2023
Brooks - 5
Hubert Green - 2
Paul Azinger -1
Jeff Sluman - 1
Brooks Koepka has his third PGA Championship victory 🏆 🏆🏆
— SportsCenter (@SportsCenter) May 21, 2023
He becomes the first player since Jack Nicklaus to win the tournament three times in a six-year span 👏 pic.twitter.com/UhEAuUreRl
Seminole Brooks Koepka notches fifth major win at 2023 PGA Championship
🍢 𝗕𝗜𝗚 𝗧𝗜𝗠𝗘 𝗕𝗥𝗢𝗢𝗞𝗦 🍢@BKoepka becomes just the 20th golfer ever to win 5️⃣ Majors! 🏆 🏆 🏆 🏆 🏆 #OneTribe | #GoNoles pic.twitter.com/Mb9IQ49PcI
— FSU Seminoles (@Seminoles) May 21, 2023
Great info from ACC Football RX and HokieMark
From the Tallahassee Democrat: Florida State athletics profits over $10.3 million in 2022 fiscal year
Here are some insights and observations...
For the 2022 fiscal year, from July 1, 2021-June 30, 2022, the Seminoles listed $161.1 million in operating revenue. The operating expenses for the year was $150.7 million.
2021-22 FSU Operating Revenue | $161.1 million |
2021-22 FSU Operating Expenses | $150.7 million |
This year, the Seminoles saw a return to normalcy for ticket sales to bring in more revenue, but also a return to normal for travel costs, as well as recruiting costs.
Here is a summary of the biggest FSU Athletic Department revenue sources for 2021-22:
Media Rights Fees (TV) | $30.3 million |
Other ACC Revenue | $10.7 million |
Revenue from Royalties | $24.4 million |
Donor Contributions* | $42.3 million |
Ticket Sales | $18.8 million |
Institution Support | $13.6 million |
1. TV revenue continues to rise rapidly, but not as rapid as in the SEC and the Big Ten.
2. Other ACC Revenue must include NCAA Basketball Tournament distributions, since I don't see anywhere else it might be hiding. CFP base distribution, as well as bowl pool, ACC CG pool, and other shared revenues would also be included here, presumably.
3. The article mentions that donations were down a bit, possibly due to the economic slowdown. (* note: the OP reported $41.7 M in donations, but here I'm using the number from the Knight-Newhouse database instead).
4. On the other hand, Ticket Sales were up, driven by $15.13 million in football ticket sales.
5. The University itself pitched in another $13.6 million (this was negligible in 2021), and reflects a portion of the Federal Higher Education Emergency Relief Funds (HEERF) which was allocated to Athletics.
Now for a summary of FSU's primary Athletic Department Expenses for 2021-22:
Coaches' Salaries | $25.6 million |
Overhead/Admin | $22.2 million |
Sports Team Travel | $9 million |
Gameday expenses | $3.5 million |
Recruiting expenses | $1.6 million |
1. Coaches, who had taken a pay cut during the pandemic, saw a nice bump in their paychecks.
2. With the end of the pandemic, there was more team travel, gameday expenses, and an increase in recruiting-related expenses.
__________
In addition to the data from 247Sports, I also used the Knight-Newhouse database to confirm some numbers - and to get these additional ones:
Amounts reflect current dollars.
How did some of the top-performing football teams from the top 3 conferences compare in terms of 2021-22 revenue? Here you go...
Ohio State | Georgia | Clemson | |
Total Revenue | $251,615,345 | $203,048,566 | $158,283,618 |
NCAA and/or Conference Distributions, Media Rights, and Post-Season Football | $71,915,212 | $58,622,396 | $40,207,257 |
Donor Contributions | $63,582,228 | $74,315,945 | $60,859,475 |
Ticket Sales | $59,649,921 | $37,192,353 | $31,980,356 |
Corporate Sponsorship, Advertising, and Licensing | $30,088,073 | $20,779,037 | $15,904,910 |
Competition Guarantees | $4,000 | $10,000 | $22,000 |
Institutional and/or Government Support | $0 | $0 | $6,387,497 |
Student Fees | $0 | $3,530,802 | $0 |
Other Revenue | $26,375,911 | $8,598,033 | $2,922,123 |
1. Money is important, but doesn't guarantee anything. Eventual National Champion Georgia had $50M more revenue than Clemson, but then Ohio State had $50M more than Georgia. Basically, the Buckeyes were as far in front of the Bulldogs as Georgia was in front of Clemson!
2. Conference distributions - which almost always include TV revenue - is the #1 or #2 source of income (the other being donor contributions). Ticket sales are the next biggest income source, followed by sponsorships and licensing. Institutional Support (Clemson) and Student Fees (Georgia) make up most of the rest, except in the Big Ten where there's a mysterious "Other Revenue" category.
3. Clemson doesn't just trail Ohio State and Georgia in TV revenue, but also in donations, ticket sales, and licensing, too - basically, all of the top four. Ideally, Clemson would get more TV money from the ACC while avoiding the direct competition that comes with being a member of the B1G or the SEC. It remains to be seen if this will be an option or not.
__________
2022 Ohio State
https://knightnewhousedata.org/fbs/big-ten/the-ohio-state-university
2022 Georgia
https://knightnewhousedata.org/fbs/sec/university-of-georgia
2022 Clemson
From 247Sports - Next Level: The Money Side of UNC Athletics by Greg Barned - here are some insights and observations...
...details from the University of North Carolina's annual financial report to the NCAA for fiscal year 2021-22... which includes data from July 1, 2021, through June 30, 2022, details a record $122.6 million in total operating revenues as well as total operating expenses of $120.3 million. The athletic department’s total operating revenue jumped by $20.7 million year-over-year, marking the 11th time in 12 years that total has increased...
Here are some highlights from the OP:
Media Rights Fees (TV) | $31.50 million |
Other ACC Revenue | $6.20 million |
NCAA Units Revenue | $4.00 million |
Duke's Mayo Bowl Rev. | $1.60 million |
TOTAL Conf. Distribution | $43.3 million |
That tv revenue number has really gone up, and it isn't all from the ACC Network - although that's probably about $9 - $10 million of it. That said, the T1 is also escalating by a little over $1M/year.
Perhaps even more interesting is the bowl money. It doesn't say bowl share - it lists a specific bowl. Does this mean that the ACC has already implemented "eat what you kill" for bowl games?
Total Ticket Sales | $30.20 million |
MBB Ticket Sales | $16.40 million |
Football Tickets | $12.70 million |
all other sports tickets | $1.10 million |
Obviously, not all ACC schools make that much on basketball - but some make more on football.
Donor Contributions | $20.62 million* |
Royalties, Licensing, Ads, and Sponsorships | $12.80 million |
two sources had a small discrepancy on donations. All other numbers were corroborated.
Coaches salaries, etc. | $21.40 million |
Severance payments | $3.20 million |
FB-related comp. | $10.90 million |
Larry Fedora is the severance pay here. Football-related compensation is about half of the total.
Athletic Student Aid | $13.70 million |
Athletic Team Travel | $10.50 million |
Sports equip/supplies | $4.40 million |
Game day expenses | $4.90 million |
Recruiting expenses | $2.50 million |
Direct overhead/admin | $11.00 million |
Other Operating Exp. | $7.70 million |
Nothing all that interesting about these expenses.
UNC Football total revenue | $56,631,600 |
UNC Basketall total revenue | $32,234,012 |
The ACC as a whole is said to be 75 to 80% football in terms of revenue, but UNC is more like 64/36%.
Athletic-related Debt | $108.90 million |
Athletic Endowments | $496.10 million |
Wouldn't every ACC school like to have an AD Endowment that large or larger?
__________
In addition to the data from 247Sports, I also used the Knight-Newhouse database to confirm some numbers - and to get these additional ones:
Amounts reflect current dollars.
These may not be final drawings
https://www.on3.com/boards/threads/whats-the-latest-with-doak-expansion.856562/page-5#post-14592252
Excitement building! FSU football sees significant rise in season ticket sales
Florida State football fans are excited about the program's future.
Four months after watching their Seminoles clinch their first 10-win season since 2016, fans have purchased more than 31,000 season tickets for 2023.
That includes renewals and more than 4,000 new season tickets.
It also represents an increase of nearly 3,000 season tickets sold (28,750) last season.
Momentum is expected to continue with the start of college football still four months away.
"We have seen a huge increase in demand for season tickets for the upcoming 2023 season," Jack Chatham, assistant athletics director of Ticket Operations and Service, told the Democrat.
"As of now we have sold 31,118 season tickets overall. This represents a 92% renewal rate in the main seating bowl and a 95% renewal rate in the Dunlap Champions Club. Of note, we have sold more season tickets in the main bowl than in the previous year for the first time since 2014.”
FSU, which held its Spring Showcase April 15, opens its season against LSU in Orlando Sept. 3 on national television.
FSU's current season-ticket sales breakdown of 31,118 features:
25,282 in the stadium's main bowl;
3,037 in the Dunlap Champions Club;
199 in Section 120 (south end zone)
2,600 (including internal needs) in stadium suites.
FSU's overall renewal rate of 92% is the second highest since the 95% renewal rate in 2014 following the program's national championship season under Jimbo Fisher.
Seminole Boosters, Inc., closed its priority deadline for members to renew their season tickets and parking passes April 18. However, season tickets/parking passes for 2023 remain on sale.
FSU sold close to 35,000 season tickets for coach Willie Taggart's debut in 2018.
https://www.on3.com/boards/threads/season-ticket-sales-numbers.943996/
As of the deadline last week for season ticket renewal we finished with 30,500 total season tickets sold, approximately 26,500 renewal and 4,000 new season tickets sold for a 93% renewal rate. Since 2009 this is our 2nd highest renewal rate, 1st was 2014 season at 95% (coming off national championship, preseason #1, Notre Dame on schedule). 3rd highest was 2011 at 91% with Oklahoma on schedule.
The 30,500 sold is 2,000 sold over all of last year and its only April.
Tied for #55: Florida State University
Tallahassee, FLFall '21 enrollment: 33,593Tuition: $21,683 out-of-state, $6,517 in-state2022 rankings: #55 in National Universities (tie), #19 in Top Public Schools, #67 in Best Value Schools
Florida retains top nationwide higher education ranking for seventh consecutive year
For the seventh consecutive year, Florida has secured the top spot in the U.S. News & World Report’s nationwide higher education rankings, having topped the publication’s list each year since its inception in 2017.
U.S. News & World Report factored in several metrics, including the length of time students take on average to finish their programs (both two- and four-year), the expenses associated with in-state tuition and fees, and student debt carried by alumni.
Florida improved on two of the five metrics compared to the year prior: four-year graduation rate and educational attainment.
Earlier this year, the State University System reported a 12 percent five-year increase in graduation rates alongside a 49 percent year-over-year drop in the overall cost of earning a bachelor’s degree. For the 2022-23 academic year, average in-state tuition costs at Florida universities are the lowest in the nation, according to state data — nearly $5,000 cheaper than the national average of $11,103.
Additional state data shows that 75 percent of resident undergraduate students graduated without student loans in the 2020-21 academic year, an uptick from 69 percent the previous year.
“Florida has long been a national leader in higher education, and retaining this number one ranking proves the Florida way is working,” said Brian Lamb, chair of the Board of Governors, which oversees the State University System. “By prioritizing student success, with an emphasis on providing all students a high-quality, low-cost education, Florida’s universities are leaning in to produce top-tier talent to meet workforce needs, increase research capabilities, and retain the best and brightest faculty whose excellence and expertise provide the platform from which we create the future.”
Moreover, once financial aid is applied, the State University System reports that the average cost of a degree is $1,550. The figure is a nearly 50 percent decrease compared to the year prior, and $12,210 lower in cost than the same statistic from the 2016-17 academic year.
Total research expenditure across the system’s twelve universities eclipsed $2.2 billion during the most recent academic year, with the University of Florida surpassing $1 billion in research spending for the first time.
Florida Agricultural and Mechanical University also posted a record high in research and development funding, continuing its push for Carnegie R-1 status. The university reported $59.3 million in such funding and $75.5 million in total awards, according to the National Science Foundation.
As of 2023, six state universities — Florida State University, the University of Florida, the University of Miami, the University of Central Florida, the University of South Florida, and Florida International University — have reached R1 distinction, which denotes a “very high level of research activity.”
Florida ranked 14th for K-12 education, placing in the upper half of states for high school graduation rate (9th), preschool enrollment (12th), college readiness (15th), and National Assessment of Educational Progress reading scores (21st).