tjm62
Silver Hoya (over 500 posts)
Posts: 855
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Post by tjm62 on Aug 27, 2009 11:41:06 GMT -5
www.bbstate.com/info/schools-hoopsbdgetuSomeone just sent me a link ranking Division I Basketball program expenses. Unsurprisingly, Duke is #1, but I was surprised to see that our own program ranked in the top 5. I understand that both JT Jr. and JTIII make a lot of salary, but it's still surprising.
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hoyaboy1
Golden Hoya (over 1000 posts)
Posts: 1,346
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Post by hoyaboy1 on Aug 27, 2009 11:46:59 GMT -5
Probably due to rent.
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SFHoya99
Blue & Gray (over 10,000 posts)
Posts: 17,760
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Post by SFHoya99 on Aug 27, 2009 11:48:27 GMT -5
This was brought up on the other board.
My guess is that because we are one of the few programs with a full year of rent payments instead of just a few games.
We have full expenses related to that.
Other programs have depreciation on their on campus gyms if they are built recently. But they probably don't allocate it at all to basketball or at most partially, spreading out the expenses over all the possible uses and over 30 years or so.
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Jack
Diamond Hoya (over 2500 posts)
Posts: 3,411
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Post by Jack on Aug 27, 2009 11:48:40 GMT -5
Can't seem to get the stats (seems to be a membership site), but I have to imagine rent is a big factor.
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Post by HoyaSinceBirth on Aug 27, 2009 11:51:55 GMT -5
yeah i click on the different sections and nothing happens.
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jgalt
Diamond Hoya (over 2500 posts)
Posts: 4,380
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Post by jgalt on Aug 27, 2009 12:33:29 GMT -5
yeah i click on the different sections and nothing happens. Same here. I switched to safari from firefox and when i click it asks me to sign up for 20 bucks |
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Post by bigelephant on Aug 27, 2009 12:56:10 GMT -5
go to the above web site, click on athletic expenses,click on schools in the site toolbar,click on GU, scroll down then click on full report - should work
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Nevada Hoya
Blue & Gray (over 10,000 posts)
Posts: 18,433
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Post by Nevada Hoya on Aug 27, 2009 14:45:38 GMT -5
Yes, you have to go to individual schools.
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kchoya
Platinum Hoya (over 5000 posts)
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Post by kchoya on Aug 27, 2009 20:24:35 GMT -5
That seems like that's a lot of revenue. In fact, if I counted correctly, we're the #10 ranked school that doesn't have a BCS conference (and ND) football team. And a couple of those schools are in the Mountain West, which is close.
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The Stig
Diamond Hoya (over 2500 posts)
Posts: 2,844
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Post by The Stig on Aug 27, 2009 22:41:32 GMT -5
Not only do we have to rent for every game, we also get screwed by the place we're renting from. The Verizon Center is the only arena in town that can accommodate GU basketball. We need them more than they need us, so we basically have to accept whatever terms they dictate to us. Most other schools that that rent out bigger arenas for games have other options, so they can negotiate better deals. Seton Hall is a prime example.
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hifigator
Platinum Hoya (over 5000 posts)
Posts: 6,387
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Post by hifigator on Aug 28, 2009 16:38:28 GMT -5
Florida was 7th in basketball expenditures but 334th in expense/win. That seems a bit surprising. I know we didn't have a good season certainly, as we were in that NIT thing, but still, we had 25 wins. I wouldn't think that would put us that far down the list.
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RusskyHoya
Diamond Hoya (over 2500 posts)
In Soviet Russia, Hoya Blue Bleeds You!
Posts: 4,610
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Post by RusskyHoya on Aug 29, 2009 9:05:19 GMT -5
Not only do we have to rent for every game, we also get screwed by the place we're renting from. The Verizon Center is the only arena in town that can accommodate GU basketball. We need them more than they need us, so we basically have to accept whatever terms they dictate to us. Most other schools that that rent out bigger arenas for games have other options, so they can negotiate better deals. Seton Hall is a prime example. Although I'm not privy to the details, I'm willing to bet that the terms of our deal with the Verizon Center are nowhere near as bad as they could be, given that Ted Leonsis owns a large part of Washington Sports and Entertainment, which runs Verizon. |
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The Stig
Diamond Hoya (over 2500 posts)
Posts: 2,844
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Post by The Stig on Aug 29, 2009 10:15:02 GMT -5
Not only do we have to rent for every game, we also get screwed by the place we're renting from. The Verizon Center is the only arena in town that can accommodate GU basketball. We need them more than they need us, so we basically have to accept whatever terms they dictate to us. Most other schools that that rent out bigger arenas for games have other options, so they can negotiate better deals. Seton Hall is a prime example. Although I'm not privy to the details, I'm willing to bet that the terms of our deal with the Verizon Center are nowhere near as bad as they could be, given that Ted Leonsis owns a large part of Washington Sports and Entertainment, which runs Verizon. Ah, I wasn't aware that Ted owned a chunk of the VC now. I remember that when Seton Hall signed their deal with the Prudential Center, some people here familiar with our deal said that Seton Hall got a much better deal than we did. |
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jgalt
Diamond Hoya (over 2500 posts)
Posts: 4,380
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Post by jgalt on Aug 29, 2009 14:06:43 GMT -5
Not only do we have to rent for every game, we also get screwed by the place we're renting from. The Verizon Center is the only arena in town that can accommodate GU basketball. We need them more than they need us, so we basically have to accept whatever terms they dictate to us. Most other schools that that rent out bigger arenas for games have other options, so they can negotiate better deals. Seton Hall is a prime example. Although I'm not privy to the details, I'm willing to bet that the terms of our deal with the Verizon Center are nowhere near as bad as they could be, given that Ted Leonsis owns a large part of Washington Sports and Entertainment, which runs Verizon. Mhmmm And one would imagine that once Abe Polin can no longer own the rest, Ted will likely buy enough to have a majority share (he has expressed interest in this already so that the Caps can be the number one tenant and not the Wiz). Once he is in control the rent may decrease or stay the same (i.e. resist normal increases due to inflation etc.) |
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