Slightly OT: Report on schools football expenditures

Submitted by maizedandconfused on

Just saw the football expenditures report has come out, a couple important highlights

1. Ohio State (1) $31.76
9. Wisconsin (8) $22.04
14. Penn State (17) $19.78
18. Iowa (3) $18.46
20. Michigan (25) $18.32
25. Nebraska (26) $17.93
27. Mich. State (36) $17.46
29. Minnesota (72) $17.43
36. Northwestern (38) $15.73
54. Indiana (57) $12.82
62. Purdue (53) $11.82
65. Illinois (64) $11.09

Kind of weird that we spend less than both Iowa and PSU.. maybe we should start paying our assistants HC salaries.. 

http://ncaafootball.fanhouse.com/2010/11/16/mcmurphys-law-ohio-state-still-big-spender-with-alabama-irish/

BlueinLansing

November 17th, 2010 at 4:51 PM ^

ahead of us in the Big 10 have huge suite complexes in their stadiums.  I'm sure Michigan will now be able to spend more now that they have the increased revenue stream.

FgoWolve

November 17th, 2010 at 5:08 PM ^

I'm trying to figure out what all this money is spent on, and how OSU can be $10 million ahead of the rest of the Big Ten and then some. The article says OSU spent $500,000 less than they did in 2008. That was the year the Buckeyes traveled to LA to play USC in the preseason. So assuming a west coast trip only costs half a mill, I'm befuddled how one program can drop $10 million more than the next. Maybe they fly Jet Blue.

Hoke_Floats

November 17th, 2010 at 5:15 PM ^

OSU may lump a bunch of shared services for all of the sports into the football programs expenses, instead of breaking them out in a cost function manner

That way they can say the break even in non-revenue producing sports

Search4Meaning

November 17th, 2010 at 5:54 PM ^

Appreciate your sharing this.  It is a part of the measure of an Athletic Department.

Amazing to see that Notre Dame, with a student population 8,000 has an Athletic Department budget of $29.4!!!

NeilGoBlue

November 17th, 2010 at 6:55 PM ^

<br>1. My understanding from my sources is that the stadium expansion is paid in full. I've asked several times and the answer I keep getting is it was done through d0nations. Other schools might have interest on debt that would go into their program that we might not have.
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<br>2. Now that the suites and club level are open, there will be substantial dollars spent to upkeep the club areas. Even just air conditioning and heating, carpet cleaning, not to mention depreciation,etc will take it's toll on the expense side. (of course this is more than offset by the revenue) (in the past the stadium was a brick and steel building), now it probably has over 100K of indoor square footage that needs to be maintained, including 3 elevator banks, etc)
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<br>3. Revenue will be much higher with the sales of suites and club seating. This will allow much more 'expenses' not only for players, but even for alums.
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<br>An example of this was that the club seat holders were treated to a friday night white linen dinner before the Uconn game. This was a very high end deal with alcohol. It was catering for 3,000. It probably cost them about $225,000. We would have never seen that in the the past.