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Is The WSU basketball budget only $3.1 mil?
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That's an article that was running the media circles during our FF run, and no it's not remotely accurate. According to the US Dept of Ed and their related website (http://ope.ed.gov/athletics/) WSU men's basketball had expenses of $4,644,724 and revenues of $5,071,471 in the year ending 07/2012.
Here's the entire MVC as of that snapshot in time:
School - Revenues - Expenses
Bradley - $3,871,835 - $3,846,345
Creighton - $5,152,031 - $4,404,350
Drake - $2,122,856 - $2,226,291
Evansville -$2,133,520 -$2,133,520
Illinois State -$2,183,876 - $2,183,876
Indiana State -$1,704,707 - $1,704,707
Missouri State - $1,899,281 - $1,926,274
Northern Iowa - $2,449,710 - $2,449,710
Southern Illinois -$2,063,684 - $2,063,684
Wichita State - $5,071,471 - $4,644,724
And hence you can see the origin of the "poor sisters" comments with regards to our conference bretheren. With CU now gone, Bradley is the only school coming close to trying to compete. We're the guy with the $500K home in the starter home subdivision.
Interestingly, according to Marshall's contract which I touched on in a previous thread, 3G made more in combined salary and bonuses this past season than ISUb's ENTIRE men's basketball budget, and not far from MSU's.Last edited by SHOCKvalue; May 20, 2013, 12:06 PM.
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Originally posted by Ricky Bobby View PostThat's an article that was running the media circles during our FF run, and no it's not remotely accurate. According to the US Dept of Ed and their related website (http://ope.ed.gov/athletics/) WSU men's basketball had expenses of $4,644,724 and revenues of $5,071,471 in the year ending 07/2012.
Here's the entire MVC as of that snapshot in time:
School - Revenues - Expenses
Bradley - $3,871,835 - $3,846,345
Creighton - $5,152,031 - $4,404,350
Drake - $2,122,856 - $2,226,291
Evansville -$2,133,520 -$2,133,520
Illinois State -$2,183,876 - $2,183,876
Indiana State -$1,704,707 - $1,704,707
Missouri State - $1,899,281 - $1,926,274
Northern Iowa - $2,449,710 - $2,449,710
Southern Illinois -$2,063,684 - $2,063,684
Wichita State - $5,071,471 - $4,644,724
And hence you can see the origin of the "poor sisters" comments with regards to our conference bretheren. With CU now gone, Bradley is the only school coming close to trying to compete. We're the guy with the $500K home in the starter home subdivision.
Interestingly, according to Marshall's contract which I touched on in a previous thread, 3G made more in combined salary and bonuses this past season than ISUb's ENTIRE men's basketball budget, and not far from MSU's.Kansas is Flat. The Earth is Not!!
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Originally posted by jocoshock View PostJust to be clear, those are the latest statistics and from 2011-2012. Will be interesting to see what 2012-2013 looks like when the numbers are available. I wonder how much upside there is for revenues (how close we might be to a ceiling) and when escalating coaches salaries might start to impact our ability to run a surplus.."I not sure that I've ever been around a more competitive player or young man than Fred VanVleet. I like to win more than 99.9% of the people in this world, but he may top me." -- Gregg Marshall 12/23/13 :peaceful:
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Remember when Nancy Pelosi said about Obamacare:
"We have to pass it, to find out what's in it".
A physician called into a radio show and said:
"That's the definition of a stool sample."
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Originally posted by jocoshock View PostJust to be clear, those are the latest statistics and from 2011-2012. Will be interesting to see what 2012-2013 looks like when the numbers are available. I wonder how much upside there is for revenues (how close we might be to a ceiling) and when escalating coaches salaries might start to impact our ability to run a surplus..
I'm not sure where that ceiling would be. We really, really need TV revenue so that the entire burden of running a successful program isn't on ticket sales.Originally posted by BleacherReportFred VanVleet on Shockers' 3-Pt Shooting Confidence -- ' Honestly, I just tell these guys to let their nuts hang.'
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Originally posted by Ricky Bobby View PostThat's an article that was running the media circles during our FF run, and no it's not remotely accurate. According to the US Dept of Ed and their related website (http://ope.ed.gov/athletics/) WSU men's basketball had expenses of $4,644,724 and revenues of $5,071,471 in the year ending 07/2012.
Here's the entire MVC as of that snapshot in time:
School - Revenues - Expenses
Bradley - $3,871,835 - $3,846,345
Creighton - $5,152,031 - $4,404,350
Drake - $2,122,856 - $2,226,291
Evansville -$2,133,520 -$2,133,520
Illinois State -$2,183,876 - $2,183,876
Indiana State -$1,704,707 - $1,704,707
Missouri State - $1,899,281 - $1,926,274
Northern Iowa - $2,449,710 - $2,449,710
Southern Illinois -$2,063,684 - $2,063,684
Wichita State - $5,071,471 - $4,644,724
And hence you can see the origin of the "poor sisters" comments with regards to our conference bretheren. With CU now gone, Bradley is the only school coming close to trying to compete. We're the guy with the $500K home in the starter home subdivision.
Interestingly, according to Marshall's contract which I touched on in a previous thread, 3G made more in combined salary and bonuses this past season than ISUb's ENTIRE men's basketball budget, and not far from MSU's.
Looking at Indy State's pitiful budget, how in the world does WSU not totally stomp them each year? (WSU basketball revenue is almost triple that of the Sycs).
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Originally posted by shox1989 View PostWOW that is a HUGE difference between what WSU spends on basketball and everyone else. If you take out Bu, WSU & CU basically spends twice as much or more than everyone else in the Valley. It is very surprising that if we are spending that much more than everyone else that we have NEVER won the Valley tournament in St. Louis. Don't get me wrong as long as we can get to the final 4, I could care less about winning in the Lou. But it seems like with what we are spending we should be doing a little better there.
Looking at Indy State's pitiful budget, how in the world does WSU not totally stomp them each year? (WSU basketball revenue is almost triple that of the Sycs).
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Originally posted by shox1989 View PostWOW that is a HUGE difference between what WSU spends on basketball and everyone else. If you take out Bu, WSU & CU basically spends twice as much or more than everyone else in the Valley. It is very surprising that if we are spending that much more than everyone else that we have NEVER won the Valley tournament in St. Louis. Don't get me wrong as long as we can get to the final 4, I could care less about winning in the Lou. But it seems like with what we are spending we should be doing a little better there.
Looking at Indy State's pitiful budget, how in the world does WSU not totally stomp them each year? (WSU basketball revenue is almost triple that of the Sycs).
Also, most of those numbers are manipulated to provide a perfect zero in revenue - expenses. Which means those programs either make less revenue than they're reporting, and are bringing that revenue in from outside sources to balance the budget, or they have less expenses and are sending that money to outside sources (football, etc.) to balance other budgets.Originally posted by BleacherReportFred VanVleet on Shockers' 3-Pt Shooting Confidence -- ' Honestly, I just tell these guys to let their nuts hang.'
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