njhoya78
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Post by njhoya78 on Jun 20, 2020 18:21:48 GMT -5
The financial shortfalls being felt by universities is hitting Division I sports. The following schools have announced that they have eliminated (or, in the case of Brown, downgraded to club level) varsity programs: Akron (Mid-American) – Men’s Cross Country, Men’s Golf, Women’s Tennis Appalachian State (Sun Belt) – Men’s Soccer, Men’s Tennis, Men’s Indoor Track & Field Bowling Green (Mid-American)– Baseball (program reinstated with private funding on 6/3) Brown (Ivy)– Men’s and Women’s Fencing, Men’s and Women’s Golf, Women’s Skiing, Men’s and Women’s Squash, Women’s Equestrian, Men’s Track & Field, Men’s Cross Country (all downgraded to club sports) Central Michigan (Mid-American) – Men’s Track & Field Cincinnati (American)– Men’s Soccer East Carolina (American)– Men’s and Women’s Tennis, Men’s and Women’s Swimming and Diving Florida International (Conference USA)– Men’s Indoor Track & Field Furman (Southern)– Baseball, Men’s Lacrosse Old Dominion (Conference USA)– Wrestling Winthrop (Big South)– Men’s and Women’s Tennis Wisconsin Green Bay (Horizon)– Men’s and Women’s Tennis Wright State (Horizon)– Softball, Men’s and Women’s Tennis Cutbacks are also occurring at Division II and Division III schools. Update: Brown University reinstated its track and cross country teams.--Adminbrownbears.com/news/2020/6/9/brown-will-reinstate-the-varsity-status-of-its-mens-track-field-and-cross-country-teams.aspx
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C86
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Post by C86 on Jun 21, 2020 8:37:36 GMT -5
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DFW HOYA
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Post by DFW HOYA on Jun 21, 2020 19:21:11 GMT -5
There are three interconnected issues which are forcing this decision. 1. First, there is the pandemic. UConn is facing an estimated $77 million in COVID-19 related deficits across the board--including declines in enrollment, increases in hospital costs, and unfunded pension liabilities, which are reported to cost each student $700 a year on their tuition bill alone. From the UConn Daily Campus, school president Thomas Katsouleas noted that "Unfortunately, there are simply not nearly enough cost savings measures at our disposal to replace that kind of loss. And cutting our way out of this deficit would be devastating to programs across the campuses, our students, and our workforce." Given the state of Connecticut is not well suited to eat those losses, and hasn't been for a while, Katsouleas has to act. 2. Then, there is athletics. The UConn athletic department has nearly doubled in the last 15 years from a budget of $47 million in 2004 to $80 million in 2019, largely but not exclusively as a result of investing in major college football, with a team budget of $16 million, or roughly the men's and women's basketball team budgets combined. When times were good, with UConn winning two men's NCAA titles and the Huskies going to the Fiesta Bowl, the trajectory was upward. Since then, football has struggled and cycled through four coaches (with sizeable severance packages), men's basketball disappeared in the AAC (not to mention Kevin Ollie's $10 million lawsuit against the school) and the department faces a $42 million deficit. The same UConn Daily Campus article above reported that UConn has the third highest student fee charges in Division I, meaning that student fees are propping up this deficit and if enrollment goes down, the problem gets worse. 3. Finally, the move to the Big East. The remarkable confluence of events a year ago forced the school's hand on this--UConn's share of the $100 million in Big East TV credits deeded to the AAC had run dry, the new AAC contract was a money loser for the school, and school officials understood that AAC football couldn't carry the school. The Huskies are not coming back to the Big East to play Georgetown on Wednesday nights--they see the Big East as their ticket back to the NCAA glory days. (Like Georgetown, they have a grand total of one NCAA appearance and one NIT in the last five years.) To do so, however, they owe the AAC $17 million for an exit fee and $3.5 million to the Big East for an entry fee. Bottom line: more expenses. The figure is that UConn has to cut approximately $10 million of its athletic budget. No amount of sport cutting solves the problem. Non-revenue, high-travel sports like golf, swimming and tennis are likely targets--track has activated its alumni network to raise much of the team's operating budget, basketball isn't going anywhere, and there are too many sunk costs in football to drop anchor on that right now. Ice hockey could also be at risk. Since women's sports are deemed largely non-touchable by the federal government some combination of cutting men's sports from 12 to maybe as few as six may be in order.
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C86
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Post by C86 on Jun 27, 2020 8:29:58 GMT -5
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njhoya78
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Post by njhoya78 on Jun 27, 2020 11:02:36 GMT -5
The financial shortfalls being felt by universities is hitting Division I sports. The following schools have announced that they have eliminated (or, in the case of Brown, downgraded to club level) varsity programs (updated information shown in bold):
Akron (Mid-American) – Men’s Cross Country, Men’s Golf, Women’s Tennis Appalachian State (Sun Belt) – Men’s Soccer, Men’s Tennis, Men’s Indoor Track & Field Bowling Green (Mid-American)– Baseball (program reinstated with private funding on 6/3) Brown (Ivy)– Men’s and Women’s Fencing, Men’s and Women’s Golf, Women’s Skiing, Men’s and Women’s Squash, Women’s Equestrian (all downgraded to club sports) Central Michigan (Mid-American) – Men’s Track & Field Chicago State (Western) - Baseball Cincinnati (American)– Men’s Soccer Connecticut (Big East) - Men's Cross Country, Women's Rowing, Men's Swimming & Diving, Men's Tennis (all to be eliminated following the 2020-2021 school year) East Carolina (American)– Men’s and Women’s Tennis, Men’s and Women’s Swimming and Diving Florida International (Conference USA)– Men’s Indoor Track & Field Furman (Southern)– Baseball, Men’s Lacrosse Northern Colorado (Big Sky) - Men's and Women's Tennis Old Dominion (Conference USA)– Wrestling Southern Utah (Big Sky) - Men's and Women's Tennis Winthrop (Big South)– Men’s and Women’s Tennis Wisconsin Green Bay (Horizon)– Men’s and Women’s Tennis Wright State (Horizon)– Softball, Men’s and Women’s Tennis
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njhoya78
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Post by njhoya78 on Jul 5, 2020 8:52:03 GMT -5
The financial shortfalls being felt by universities is hitting Division I sports. The following schools have announced that they have eliminated (or, in the case of Brown, downgraded to club level) varsity programs (updated information shown in bold):
Akron (Mid-American) – Men’s Cross Country, Men’s Golf, Women’s Tennis Appalachian State (Sun Belt) – Men’s Soccer, Men’s Tennis, Men’s Indoor Track & Field Boise State (Big Sky) - Baseball, Swimming and Diving Bowling Green (Mid-American)– Baseball (program reinstated with private funding on 6/3) Brown (Ivy)– Men’s and Women’s Fencing, Men’s and Women’s Golf, Women’s Skiing, Men’s and Women’s Squash, Women’s Equestrian (all downgraded to club sports) Central Michigan (Mid-American) – Men’s Track & Field Chicago State (Western) - Baseball Cincinnati (American)– Men’s Soccer Connecticut (Big East) - Men's Cross Country, Women's Rowing, Men's Swimming & Diving, Men's Tennis (all to be eliminated following the 2020-2021 school year) East Carolina (American)– Men’s and Women’s Tennis, Men’s and Women’s Swimming and Diving Florida International (Conference USA)– Men’s Indoor Track & Field Furman (Southern)– Baseball, Men’s Lacrosse Northern Colorado (Big Sky) - Men's and Women's Tennis Old Dominion (Conference USA)– Wrestling Southern Utah (Big Sky) - Men's and Women's Tennis Western Illinois (Summit) - Men's and Women's Tennis (suspended) Winthrop (Big South)– Men’s and Women’s Tennis Wisconsin Green Bay (Horizon)– Men’s and Women’s Tennis Wright State (Horizon)– Softball, Men’s and Women’s Tennis
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DFW HOYA
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Post by DFW HOYA on Jul 8, 2020 12:48:53 GMT -5
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Post by LizziebethHoya on Jul 8, 2020 13:13:07 GMT -5
I think Stanford's decision is just the tip of the iceberg. You will see a lot of schools (especially Division III schools) doing the exact same thing very shortly.
These schools have huge financial decisions to make and non-revenue sports are easy targets for cost savings.
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njhoya78
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Post by njhoya78 on Jul 8, 2020 13:56:49 GMT -5
Stanford claims to be facing a $70 million budget shortfall over the next three years. www.nytimes.com/2020/07/08/sports/coronavirus-stanford-cuts.htmlIf Stanford is facing those type of revenue shortfalls, what can we expect to see from less-well financially supported schools? The existing sports model upon which the Power 5 is based is about to be blown up.
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RusskyHoya
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Post by RusskyHoya on Jul 8, 2020 15:43:04 GMT -5
Stanford claims to be facing a $70 million budget shortfall over the next three years. www.nytimes.com/2020/07/08/sports/coronavirus-stanford-cuts.htmlIf Stanford is facing those type of revenue shortfalls, what can we expect to see from less-well financially supported schools? The existing sports model upon which the Power 5 is based is about to be blown up. One thing that really skews the Stanford case is the absolutely egregious housing shortage and resulting costs in the Bay Area. The average Stanford men's assistant coach is making almost $150k per year largely due to the cost of living madness (source: businessofcollegesports.com/finance/college-coachs-salaries-pac-12/)A second thing that differentiates Stanford from many other schools, including Georgetown, is the extent to which they are at the scholarship max in most/all sports. Cutting a fully funded sport gives you significantly more cost savings than a non-scholly or partial scholly one.
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njhoya78
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Post by njhoya78 on Jul 8, 2020 15:43:22 GMT -5
It is being reported that the Ivy League will be announcing the cancellation of all fall sports, and that a decision on winter sports will be made in the coming weeks.
Cancellation, not postponement to the spring (as had been previously rumored).
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DFW HOYA
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Post by DFW HOYA on Jul 8, 2020 18:33:15 GMT -5
That number is skewed by the 10 assistant coaches in football. If UC-Berkeley is a comparison, their assistants make $165K to $250K each with the OC making $825K and the DC making $650K. In reality, most assistants in other sports are likely around $65K. bearinsider.com/s/1498/here-are-fb-assistant-coaches-salaries
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hoyarooter
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Post by hoyarooter on Jul 8, 2020 20:51:34 GMT -5
I believe Stanford leads the nation in most national championships won. This is a shame regardless of whether any of those sports contributed to the count (men's volleyball strikes me as the most likely).
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C86
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Post by C86 on Jul 9, 2020 13:44:51 GMT -5
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DFW HOYA
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Post by DFW HOYA on Jul 9, 2020 17:53:02 GMT -5
At least they were up-front (or it slipped past the PR folks) exactly what is in play here: "The changes, which will eliminate five varsity athletic teams and a number of staff positions, will give Dartmouth more flexibility in admissions, reducing the number of recruited athletes in incoming classes by 10%. Read= "Opens up 20-25 more admissions slots each year previously reserved for athletes."
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RusskyHoya
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Post by RusskyHoya on Jul 9, 2020 21:53:11 GMT -5
That number is skewed by the 10 assistant coaches in football. If UC-Berkeley is a comparison, their assistants make $165K to $250K each with the OC making $825K and the DC making $650K. In reality, most assistants in other sports are likely around $65K. bearinsider.com/s/1498/here-are-fb-assistant-coaches-salariesIt's surely true that football and basketball are skewing the average on the men's numbers. I doubt that "most assistants" in the other men's sports at Stanford are making less than the women's average of $73k, but obviously whatever it is, it's much less than the revenue sports. Looking at those women's numbers does show the impact of cost of living, however, when compared to other schools in the conference. Anyway, the point is: Stanford is spending a heck of a lot more on coaches' salaries than Georgetown is.
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Post by reformation on Jul 10, 2020 6:29:12 GMT -5
Curious if these moves give cover for a place like Gtwn to make similar changes.
The Dartmouth statements seemed most up front as mentioned above, specifically outlining reduction in spots for athletes, cost, sport competitiveness at national level, and geography, i.e., Dartmouth has some challenges being competitive in a sport like golf.
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RusskyHoya
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Post by RusskyHoya on Jul 12, 2020 11:34:18 GMT -5
Curious if these moves give cover for a place like Gtwn to make similar changes. The Dartmouth statements seemed most up front as mentioned above, specifically outlining reduction in spots for athletes, cost, sport competitiveness at national level, and geography, i.e., Dartmouth has some challenges being competitive in a sport like golf. As DFW HOYA mentioned, it's noteworthy that Dartmouth's statement included mention of admissions slots. It may be that in the current environment (both Covid and BLM), Dartmouth feels that this particular form of "affirmative action for rich white students" as Saahil Desai put it is a luxury they can no longer afford. (I suppose it's worth making the explicit disclaimer that while I understand Desai's characterization of most non-revenue sports and the demographic data underpinning it, I tend to see far more educational benefit and broader institutional benefit to sport than he does. Ironically, as a student he worked for the Pomona College SID)
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prhoya
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Post by prhoya on Jul 12, 2020 11:41:24 GMT -5
Curious if these moves give cover for a place like Gtwn to make similar changes. The Dartmouth statements seemed most up front as mentioned above, specifically outlining reduction in spots for athletes, cost, sport competitiveness at national level, and geography, i.e., Dartmouth has some challenges being competitive in a sport like golf. As DFW HOYA mentioned, it's noteworthy that Dartmouth's statement included mention of admissions slots. It may be that in the current environment (both Covid and BLM), Dartmouth feels that this particular form of "affirmative action for rich white stusents" as Saahil Desai put it is a luxury they can no longer afford. (I suppose it's worth making the explicit disclaimer that while I understand Desai's characterization of most non-revenue sports and the demographic data underpinning it, I tend to see far more educational benefit and broader institutional benefit to sport than he does. Ironically, as a student he worked for the Pomona College SID) Russky, do you have a breakdown of the GU Athletics budget?
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RusskyHoya
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Post by RusskyHoya on Jul 12, 2020 13:12:04 GMT -5
Russky, do you have a breakdown of the GU Athletics budget? I have never seen that information made public, although you see snippets here and there (many from DFW, actually...). The following site purports to have data from...somewhere but I consider it suspect: www.collegefactual.com/colleges/georgetown-university/student-life/sports/#secRankingsYou can get some sense of relative funding based on the different sports' announced fundraising targets, but that only gets you so far (e.g., you can't assume fundraising target proportions are the same as overall funding proportions).
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