SEC distributes ave $43,700,000 to most schools

[Deep Creek]

So, when does the BIG force their members to actually spend that money on Football and get better as a whole?

That don't matter. It is all about the Benjamins man.

 

[Deep Creek]

Willie Taggert could be on the bubble this year. He is 5-7 at Florida State, a state rich with talent, and he inherited a team that had gone 83-23 and had seven 9 win seasons out of 8 for the previous coach Jimbo Fisher.

While that may be true and I'm not a Taggert fan, IMHO Jimbo left a frickin' mess at FSU the final couple of years. And he probably did it to get even with an administration he wasn't happy with. Again, JMO.

 

[SHillTiger]

This thread just proves that money doesn't equal winning. If the big 10 would start spending some of that cash on hookers and blow(and better bagmen) they might win something meaningful in the next 20 years.

 

[TrustMeIamRight]

A scholarship and cost of living valued around $200,000 (depending on school). Sure they don’t get directly paid but student athletes don’t exactly get the shaft here. How many people get to graduate with a free degree and pay for nothing in college?

Just want to point out — that 200k is over 4 years.
I think teams are allowed 85 scholarship players (somewhere around there, don’t feel like looking it up)
So over a 4 year period — that accounts for $17,000,000

Over that 4 year period — UM for example will collected roughly:
$210,000,000 B1G revenue
$48,000,000 from Jordan brand
$225,000,000 in tickets sales (28 home games, 100,000+/game, just used $75 as avg ticket price)

Right there is almost $500,000,000 in revenue they’ve brought in and it only cost them $17,000,000 in scholarships. This doesn’t include licensing, apparel sales, food and beverage at games, etc.

These kids are cash cows for the schools.

 

[Deep Creek]

These kids are cash cows for the schools.

My school needs some better cows.

 

[7Samurai13]

Just want to point out — that 200k is over 4 years.
I think teams are allowed 85 scholarship players (somewhere around there, don’t feel like looking it up)
So over a 4 year period — that accounts for $17,000,000

Over that 4 year period — UM for example will collected roughly:
$210,000,000 B1G revenue
$48,000,000 from Jordan brand
$225,000,000 in tickets sales (28 home games, 100,000+/game, just used $75 as avg ticket price)

Right there is almost $500,000,000 in revenue they’ve brought in and it only cost them $17,000,000 in scholarships. This doesn’t include licensing, apparel sales, food and beverage at games, etc.

These kids are cash cows for the schools.

Now do the math to include food, room, books, clothes, travel, etc. Now do that for all of the other scholarship sports. Let us know what you come up with.

 

[MAIZEandBLUE09]

Just want to point out — that 200k is over 4 years.
I think teams are allowed 85 scholarship players (somewhere around there, don’t feel like looking it up)
So over a 4 year period — that accounts for $17,000,000

Over that 4 year period — UM for example will collected roughly:
$210,000,000 B1G revenue
$48,000,000 from Jordan brand
$225,000,000 in tickets sales (28 home games, 100,000+/game, just used $75 as avg ticket price)

Right there is almost $500,000,000 in revenue they’ve brought in and it only cost them $17,000,000 in scholarships. This doesn’t include licensing, apparel sales, food and beverage at games, etc.

These kids are cash cows for the schools.

At UM, if the student was out of state, that $200K is only tuition costs. That isn't food, housing and cost of living. And while UM does take in a shit ton of money, they also have a shit ton of operating costs. For instance, in the 2016-17 fiscal year, Michigan’s athletic department had a total revenue of $185,173,187 and total expenses of $175,425,392.

And in the last couple of years revenue and expenses has been about even. That's because, while football does bring in a TON of money, all those other sports are money losers. They have to fund the track teams going aronud the B10 and competing. They have to fund the tennis teams doing the same. And they have to pay for ALL of those kids to be on the same $200/K per 4 year scholarship.

I'm not against compensating players, but I very much dislike the idea that the hundreds of student athletes at schools like Michigan are getting nothing. On scholarship alone, they're getting $50k a year; which is what a lot of people would love to make in salary.