Re: UAB likely shutting down football
urmite your figures could be right because this Report is difficult to follow and because, as Spinner says, it's easy to spin numbers.
My figures with regard to overall FBS athletic department revenue come from pages 12 and 13 of the Report where it is said that out of 123 FBS schools:
• A total of 20 FBS athletics programs reported positive net generated
revenues in 2013. This is a decrease from 23 in both 2011 and 2012.
(3.5)
• The median net generated revenues for those surplus programs was
$8,839,000 in 2012 and $8,449,000 in 2013, while the median
net deficit for the remaining programs was $14,645,000 in 2012
and $14,904,000 in 2013.
My figures with regard to net income and losses from FBS football come from the following Table on page 29:
NET GENERATED REVENUES BY PROGRAM
DIVISION I - FBS
Fiscal Years 2004 through 2013
Generated Revenues Exceed Expenses Expenses Exceed Generated Revenues
Number Percent Median Net Number Percent Negative Net
Reporting of Total Revenue Reporting of Total Revenue
2013
Football 69 56% 12,926,000 54 44% 3,818,000
(Table 3.6)
My figure with regard to the 2013 FCS athletic department loss comes from page 14 where it says:
• As in previous years, no FCS athletics programs reported net
generated revenues in 2013. The median negative net generated
revenue (expenses in excess of generated revenues) in 2013 was
$10,219,000 and $10,833,000 in 2013. The net losses have increased
fairly steadily over the ten - year period. (4.5)
My figure with regard to FCS football net income and losses also comes from page 14 where it says:
• Only 1.0 percent of football, 3.0 percent of men’s basketball
programs, and 0.0 percent of women’s basketball programs reported
net generated revenues (surpluses) for 2013, which was consistent
with recent years. These net generated revenues were minimal,
however the median losses for the remaining programs in 2013
are $1,971,000 for football, $811,000 for men’s basketball, and
$932,000 for women’s basketball. (4.6)
Please excuse the spacing here but I cant figure out how to edit the quoted material.
This post was edited on 12/2 7:33 PM by jrspider
This post was edited on 12/2 7:47 PM by jrspider
This post was edited on 12/2 8:02 PM by jrspider