MSU Sports Financials FY 2022

[Goldendawg]

Football made $10.8 mil including $15.3 in media rights.
MBB made $155,864 including $4 mil in media rights and $2.6 mil in NCAA distributions.

Baseball and WBB both had expenses of $5 mil.
Baseball made $3.3 mil.
WBB made $587,753.
Both receive no $ from media rights.

Total Revenue - $110,653,367
Total Expenses- $105,851,622 (Record- $21.5 mil coaches salaries & $5,466,578 in Fundraising, Marketing, and Promotion, a $3 mil increase)
Entire article on Yahoo Sports. Maybe one of you guys can link.

Thoughts?

[Maroonthirteen]

Thoughts? It's amazing that State takes in 10x in revenue from what it did in the 80s. Yet the sideline seating at DWS is the same as it was in the 1980s and before.

I know they have added other things. Scoreboards and other seating but the goal to goal sideline seating, lower deck.... nothing.

Just a random thought.

[Leroy Jenkins]

I know that last year MSU was 1 of only 18 athletics departments in the country that were in the black. All of the 18 schools are in a P5 football conference. Football is king.

Of the 229 Div I public institutions, only 18 had profitable athletics departments. The other 200+ are losing money on athletics. Also all 18 profitable institutions are in a P5 football conference.

And even if you dont consider coaching salaries in the athletic budget, only 37 institutions made money.

The Oregon number is so huge because Phil Knight donated 100 million last year (over 300 million over the years).








Here is the Knight-Newhouse data for SEC athletic departments as a whole.


https://knightnewhousedata.org/fbs/sec

[Leeshouldveflanked]

Football pays the bills.

[the_real_MSU_is_us]

It's great ot be financially healthy!

What I want to know is how almost every other program in the country can be in the red year after year forever and nothing happens. Like, are interest rates for an athletic department just super low that the payments aren't a problem? But if they can do it seemingly forever, are we tying one hand behind our back by being 'responsible"? I genuinely don't know- finances for businesses and athletics are not 1:1 comparable to a household budget.

Should we keep banking $5M a year, or should we spent it + some to try to be more competitive?

[viverlibre]

Should we keep banking $5M a year

I'd rather spend it on hookers and blow.

[Jarius]

Football made $10.8 mil including $15.3 in media rights.
MBB made $155,864 including $4 mil in media rights and $2.6 mil in NCAA distributions.

Baseball and WBB both had expenses of $5 mil.
Baseball made $3.3 mil.
WBB made $587,753.
Both receive no $ from media rights.

Total Revenue - $110,653,367
Total Expenses- $105,851,622 (Record- $21.5 mil coaches salaries & $5,466,578 in Fundraising, Marketing, and Promotion, a $3 mil increase)
Entire article on Yahoo Sports. Maybe one of you guys can link.

Thoughts?

My thought is that is you are one of the only ones in the black then you’re probably not trying hard enough to win. At least we have a palace of a baseball stadium.

[somebodyshotmypaw]

I know that last year MSU was 1 of only 18 athletics departments in the country that were in the black. All of the other 18 schools are in a P5 football conference. Football is king.

If we were “1 of only 18”, then it would be 17 other schools, not 18.

[Goldendawg]

I'd rather spend it on hookers and blow.

Aren't those two things OM recruiting expenses?****. Not really sure about *****

[Goldendawg]

My thought is that is you are one of the only ones in the black then you’re probably not trying hard enough to win. At least we have a palace of a baseball stadium.

Baseball lost about $1.7 mil. Is some of that due to the losing season or does it usually finish in the red?

[Homedawg]

Football made $10.8 mil including $15.3 in media rights.
MBB made $155,864 including $4 mil in media rights and $2.6 mil in NCAA distributions.

Baseball and WBB both had expenses of $5 mil.
Baseball made $3.3 mil.
WBB made $587,753.
Both receive no $ from media rights.

Total Revenue - $110,653,367
Total Expenses- $105,851,622 (Record- $21.5 mil coaches salaries & $5,466,578 in Fundraising, Marketing, and Promotion, a $3 mil increase)
Entire article on Yahoo Sports. Maybe one of you guys can link.

Thoughts?

delete

[Homedawg]

Baseball lost about $1.7 mil. Is some of that due to the losing season or does it usually finish in the red?

Not sure how the stadium factors in w bdc and debt. But prior to new stadium we never made money.

[Reunion Dog]

Our Fundraising has to get better.

What was going to be done on the West side during the spring and summer and move the pressbox and add a club level in the West side? Has anyone heard anything about that lately?

[Johnson85]

How is it possible Ole Miss could have lost $10M on athletics? Surely that is an accounting difference, where one of us counts money from the foundation as revenue and one doesn't or something?

[viverlibre]

Aren't those two things OM recruiting expenses?****. Not really sure about *****

As for a women, i think they use wives of alums and co-eds

[Goldendawg]

Our Fundraising has to get better.

What was going to be done on the West side during the spring and summer and move the pressbox and add a club level in the West side? Has anyone heard anything about that lately?

States we spent $5,466,578 on Fundraising, Marketing, and Promotion, a $3 mil increase over 2021 and the most ever spent in these areas.

[Liverpooldawg]

Baseball lost about $1.7 mil. Is some of that due to the losing season or does it usually finish in the red?

Baseball is usually a money loser.

[RockyDog]

Thoughts? It's amazing that State takes in 10x in revenue from what it did in the 80s. Yet the sideline seating at DWS is the same as it was in the 1980s and before.

I know they have added other things. Scoreboards and other seating but the goal to goal sideline seating, lower deck.... nothing.

Just a random thought.

Are you talking about adding seating? With upper decks, club levels and press boxes in place, how exactly could that be done other than lowering the field? If you are talking about adding chair seats, then that lowers attendance numbers which doesnt sit well with the crowd that HAS to have a 65k stadium to feel relevant.

[Jarius]

How is it possible Ole Miss could have lost $10M on athletics? Surely that is an accounting difference, where one of us counts money from the foundation as revenue and one doesn't or something?

Because while we are stuffing money in a rainy day fund and shoveling money that we got for athletics into the academic budget, Ole Miss is doing everything possible to win in athletics. Now they haven’t done a very good job sometimes doing that because they have spent the money poorly, but they are putting forth maximum financial effort, whereas we are not.

[somebodyshotmypaw]

Considering only 18 of 229 listed made money, sounds like we need to get rid of some ex-athletes and academics and get some common sense business people in charge. For instance Ole Miss has a chancellor with a school admin background, and an AD who has never run a business with skin in the game. Prices to attend keep going up, but schools can’t balance the budget. It’s like the federal government.