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Post by Werebeaver on Feb 3, 2024 21:26:20 GMT -8
See Oregonian article on OSU financials for 2022. For those with an Oregonian subscription: www.oregonlive.com/beavers/2024/02/oregon-state-athletics-produces-record-revenue-for-fiscal-year-2023-but-bottom-line-reveals-a-684-million-deficit.html"As is typical, football and men’s basketball were the only sports to produce a net profit. Football’s surplus was $16.51 million, while men’s basketball’s profit was $754,033. The sport with the largest deficit was women’s basketball at $3.18 million, followed by women’s rowing at $1.84 million and baseball at $1.82 million."I'm not posting this to bash anyone but it's just the reality that despite the program's national status and broad support, it's never been "in the ballpark" so to speak, of paying for itself. P.S. Not sure what all of the money is going to for women's rowing.
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Post by flyfishinbeav on Feb 4, 2024 0:48:33 GMT -8
Curious how our mens basketball makes any money
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Post by nuclearbeaver on Feb 4, 2024 6:49:59 GMT -8
Curious how our mens basketball makes any money media contracts mostly. Baseball payouts for post season should increase done with the new media rights deal, 3x more than before, but that's split between 40 sports championships. At the end of the day baseballs profit centers are stadium (food/concessions), but n stadium advertisement and whatever media deals they can scrounge up. Not sure if or how the athletic department divides up sales of jerseys and such or if that is reported differently. Id bet baseball sells a crap load more gear to fans than basketball. Profit is the main reason the SEC has so many large stadiums. Georgia, Missouri and Kentucky are the only stadiums smaller than Goss. Vandy was on par at 3.7k but they are expanding to over 4000. Hosting regional and supers is also a big deal for profits. Having to travel in the post season is actually a loss financially outside of increased sales of gear. Can't remember exactly but.im pretty sure Omaha pays $125/day per traveling member of the staff and team. I'm not sure how many or if baseball championship is worth any units. Essentially everyone loses money going to Omaha unless the fans make up the difference.
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Post by richard44 on Feb 4, 2024 7:48:23 GMT -8
Not really a big deal. That’s the same for virtually every college football vs basketball vs baseball team in the country. Other than just pointing out the facts/obvious, not sure this means anything or changes anything with regards to our choices with baseball or realignment. Just listening to Barnes and the OSU baseball coaches, OSU baseball will continue to operate and make decisions independently of the other sports programs (as long as they need to) because they can. They will continue to be a perennial playoff team, national brand, and elite baseball program. Baseball has never been the money maker in college athletics, and I don’t believe the original Oregonian piece was trying to argue that.
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Post by Henry Skrimshander on Feb 4, 2024 7:55:57 GMT -8
See Oregonian article on OSU financials for 2022. For those with an Oregonian subscription: www.oregonlive.com/beavers/2024/02/oregon-state-athletics-produces-record-revenue-for-fiscal-year-2023-but-bottom-line-reveals-a-684-million-deficit.html"As is typical, football and men’s basketball were the only sports to produce a net profit. Football’s surplus was $16.51 million, while men’s basketball’s profit was $754,033. The sport with the largest deficit was women’s basketball at $3.18 million, followed by women’s rowing at $1.84 million and baseball at $1.82 million."I'm not posting this to bash anyone but it's just the reality that despite the program's national status and broad support, it's never been "in the ballpark" so to speak, of paying for itself. P.S. Not sure what all of the money is going to for women's rowing. Rowing has up to 20 FTE scholarships. And it travels all over the country, with no revenue.
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Post by nuclearbeaver on Feb 4, 2024 8:15:03 GMT -8
Not really a big deal. That’s the same for every college football vs basketball vs baseball team in the country. Other than just pointing out the facts/obvious, not sure this means anything or changes anything with regards to our choices with baseball or realignment. Just listening to Barnes and the OSU baseball coaches, OSU baseball will continue to operate and make decisions independently of the other sports programs (as long as they need to) because they can. They will continue to be a perennial playoff team, national brand, and elite baseball program. Baseball has never been the money maker in college athletics, and I don’t believe the original Oregonian piece was trying to argue that. There is definitely teams that turn a profit. Most of the profitable ones are banking on filling huge stadiums of 5000+. Perennial super powers like Florida have pretty reasonable season tickets (135-500) but their single game tickets rachet up like crazy in conference play. They limit the season ticket holders to about 1/3rd capacity and absolutely slay on ticket sales after the pre-season. In comparison mid-tier to really good programs that haven't had a 40 year run tend to bank on more season ticket sales Incase the season doesn't work out. Someone else might know better but Goss probably hovers around 50% capacity on season tickets ranging from 400-1000. This year tickets for the first Beav home game is 17-65 and for Florida they range from 25-55. Both are playing lower division otc opponents. The final element is # of home games. The SEC is the most p of table league and their teams play almost all their OTC at home except for tournaments. This means they can maximize home game profits and they just have more ticket sales. I know weather is an issue but I'm really hoping the beavs find a way to limit travel in the future schedule. Being independent we should pack in as many games in Goss is possible and only travel for games that will help our RPI (BIG12, SEC, Furd, maybe some Arizona schools, UCLA, USC if they ever figure it out again). Travel costs more money than we lose inviting teams to come to Goss. We should also get favorable road agreements by leveraging our RPI potential. The BIG10 schools are probably going to take an RPI hit losing the Arizona schools and Oregon State and replacing them with very few decent baseball programs. We should absolutely make them pay to play us if we travel to their house to beat the s%#t out of them. I just hope we can develop the strategies of a powerhouse for baseball now that we are independent. We need to host every year and leverage our reputation to make the season as profitable as possible. We also need to keep winning ofc. At the end of the day if we can stay elite and play our toughest series (Furd) on the road our RPI will be strong and we might even scratch out some profits with more home games and some changes to ticket strategy.
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Post by nuclearbeaver on Feb 4, 2024 8:39:37 GMT -8
One other note. I think the athletic department has been smart with investments in baseball. We all want a bigger stadium but that will only work if we become a perennial power that is in the post season year on year. Discounting 2020 we are on a 6 year streak and we have a coach that we can build with for decades should he stay. We have steadily increased the quality of our facilities and player development with the hitting facility, player lounge, weight rooms, improved pitching facilities, nutrition programs and investments in training analytics with the DAM analytics crew. While Goss is still undersized for the fan base the investments have insured that the player quality will remain high and we can showcase that if you come to Corvallis and start you have a serious shot at the MLB.
Personally looking at recruiting and the roster improvements under Mit h I think we are on the verge of becoming a premiere development program for MLB hopefuls and a powerhouse on the highest level. If you look at the rise and fall of programs it tends to follow that the teams with solid coaching and a history of development of talents to the MLB is key to long term success. Some of the winningest programs in history line Texas, USC, Miami, OkayState, CSU Fullerton and ASU have fallen off due to bad coaching hires and losing focus on player development.
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Post by richard44 on Feb 4, 2024 8:46:59 GMT -8
Not really a big deal. That’s the same for every college football vs basketball vs baseball team in the country. Other than just pointing out the facts/obvious, not sure this means anything or changes anything with regards to our choices with baseball or realignment. Just listening to Barnes and the OSU baseball coaches, OSU baseball will continue to operate and make decisions independently of the other sports programs (as long as they need to) because they can. They will continue to be a perennial playoff team, national brand, and elite baseball program. Baseball has never been the money maker in college athletics, and I don’t believe the original Oregonian piece was trying to argue that. There is definitely teams that turn a profit. Most of the profitable ones are banking on filling huge stadiums of 5000+. Perennial super powers like Florida have pretty reasonable season tickets (135-500) but their single game tickets rachet up like crazy in conference play. They limit the season ticket holders to about 1/3rd capacity and absolutely slay on ticket sales after the pre-season. In comparison mid-tier to really good programs that haven't had a 40 year run tend to bank on more season ticket sales Incase the season doesn't work out. Someone else might know better but Goss probably hovers around 50% capacity on season tickets ranging from 400-1000. This year tickets for the first Beav home game is 17-65 and for Florida they range from 25-55. Both are playing lower division otc opponents. The final element is # of home games. The SEC is the most p of table league and their teams play almost all their OTC at home except for tournaments. This means they can maximize home game profits and they just have more ticket sales. I know weather is an issue but I'm really hoping the beavs find a way to limit travel in the future schedule. Being independent we should pack in as many games in Goss is possible and only travel for games that will help our RPI (BIG12, SEC, Furd, maybe some Arizona schools, UCLA, USC if they ever figure it out again). Travel costs more money than we lose inviting teams to come to Goss. We should also get favorable road agreements by leveraging our RPI potential. The BIG10 schools are probably going to take an RPI hit losing the Arizona schools and Oregon State and replacing them with very few decent baseball programs. We should absolutely make them pay to play us if we travel to their house to beat the s%#t out of them. I just hope we can develop the strategies of a powerhouse for baseball now that we are independent. We need to host every year and leverage our reputation to make the season as profitable as possible. We also need to keep winning ofc. At the end of the day if we can stay elite and play our toughest series (Furd) on the road our RPI will be strong and we might even scratch out some profits with more home games and some changes to ticket strategy. You are right that a select few teams make a profit out of hundreds of college baseball teams, but their profit out of the entire sports budget is peanuts compared to football and basketball. I can promise you that this won’t change anytime soon, and it won’t have any significant impact on our baseball program when it comes to decisions or realignment. I also don’t believe it will have any significant impact on our program vs other programs, outside of disparities we have always faced. You have to remember that the LSU’s of the baseball world have always made more of a”profit” than 99% of the rest of the college baseball schools. Although our athletic department should always aim to make profits with sports programs, our primary baseball goals should continue to center around culture, recruiting, development, and elite performance. We need to be realistic with who we are and remember how we have become the program we are. It was never because we were the biggest, most lucrative program in the country. That’s what makes our program and our extraordinary success unique, and that’s why a lot of recruits choose to play for us.
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Post by richard44 on Feb 4, 2024 8:51:18 GMT -8
One other note. I think the athletic department has been smart with investments in baseball. We all want a bigger stadium but that will only work if we become a perennial power that is in the post season year on year. Discounting 2020 we are on a 6 year streak and we have a coach that we can build with for decades should he stay. We have steadily increased the quality of our facilities and player development with the hitting facility, player lounge, weight rooms, improved pitching facilities, nutrition programs and investments in training analytics with the DAM analytics crew. While Goss is still undersized for the fan base the investments have insured that the player quality will remain high and we can showcase that if you come to Corvallis and start you have a serious shot at the MLB. Personally looking at recruiting and the roster improvements under Mit h I think we are on the verge of becoming a premiere development program for MLB hopefuls and a powerhouse on the highest level. If you look at the rise and fall of programs it tends to follow that the teams with solid coaching and a history of development of talents to the MLB is key to long term success. Some of the winningest programs in history line Texas, USC, Miami, OkayState, CSU Fullerton and ASU have fallen off due to bad coaching hires and losing focus on player development. Really good points. I agree about investments and the coaching/recruiting/development. I think we hit a homerun hiring Mitch, and he has made some homerun hires on his staff. Guys who are top notch recruiters and player developers. Also guys who truly believe in Oregon State, and who are deeply committed to our program.
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Post by flyfishinbeav on Feb 4, 2024 9:25:58 GMT -8
Curious how our mens basketball makes any money media contracts mostly. Baseball payouts for post season should increase done with the new media rights deal, 3x more than before, but that's split between 40 sports championships. At the end of the day baseballs profit centers are stadium (food/concessions), but n stadium advertisement and whatever media deals they can scrounge up. Not sure if or how the athletic department divides up sales of jerseys and such or if that is reported differently. Id bet baseball sells a crap load more gear to fans than basketball. Profit is the main reason the SEC has so many large stadiums. Georgia, Missouri and Kentucky are the only stadiums smaller than Goss. Vandy was on par at 3.7k but they are expanding to over 4000. Hosting regional and supers is also a big deal for profits. Having to travel in the post season is actually a loss financially outside of increased sales of gear. Can't remember exactly but.im pretty sure Omaha pays $125/day per traveling member of the staff and team. I'm not sure how many or if baseball championship is worth any units. Essentially everyone loses money going to Omaha unless the fans make up the difference. I've gotten to know, and had some interesting conversations with a former OSU baseball player/director of operations. We talked about how expensive a trip to Omaha is. Based on inflation, it's probably 2 to 3 times more expensive now.
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Post by nuclearbeaver on Feb 4, 2024 10:27:48 GMT -8
media contracts mostly. Baseball payouts for post season should increase done with the new media rights deal, 3x more than before, but that's sp.... I've gotten to know, and had some interesting conversations with a former OSU baseball player/director of operations. We talked about how expensive a trip to Omaha is. Based on inflation, it's probably 2 to 3 times more expensive now. Yeah the stipend is supposed to increase and there is stirrings of creating a payout/unit system like basketball by what round you get to but who knows how long that will take. They just finished the ESPN media rights deal fairly recently so it won't be part of that. The viewership is increasing year on year with almost 3 million over the three championship games last year.
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Post by spudbeaver on Feb 4, 2024 11:41:48 GMT -8
Sounds like rowing is a sinking ship.
Too many sunk costs.
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Post by Henry Skrimshander on Feb 4, 2024 11:45:13 GMT -8
Not really a big deal. That’s the same for every college football vs basketball vs baseball team in the country. Other than just pointing out the facts/obvious, not sure this means anything or changes anything with regards to our choices with baseball or realignment. Just listening to Barnes and the OSU baseball coaches, OSU baseball will continue to operate and make decisions independently of the other sports programs (as long as they need to) because they can. They will continue to be a perennial playoff team, national brand, and elite baseball program. Baseball has never been the money maker in college athletics, and I don’t believe the original Oregonian piece was trying to argue that. There is definitely teams that turn a profit. Most of the profitable ones are banking on filling huge stadiums of 5000+. Perennial super powers like Florida have pretty reasonable season tickets (135-500) but their single game tickets rachet up like crazy in conference play. They limit the season ticket holders to about 1/3rd capacity and absolutely slay on ticket sales after the pre-season. In comparison mid-tier to really good programs that haven't had a 40 year run tend to bank on more season ticket sales Incase the season doesn't work out. Someone else might know better but Goss probably hovers around 50% capacity on season tickets ranging from 400-1000. This year tickets for the first Beav home game is 17-65 and for Florida they range from 25-55. Both are playing lower division otc opponents. The final element is # of home games. The SEC is the most p of table league and their teams play almost all their OTC at home except for tournaments. This means they can maximize home game profits and they just have more ticket sales. I know weather is an issue but I'm really hoping the beavs find a way to limit travel in the future schedule. Being independent we should pack in as many games in Goss is possible and only travel for games that will help our RPI (BIG12, SEC, Furd, maybe some Arizona schools, UCLA, USC if they ever figure it out again). Travel costs more money than we lose inviting teams to come to Goss. We should also get favorable road agreements by leveraging our RPI potential. The BIG10 schools are probably going to take an RPI hit losing the Arizona schools and Oregon State and replacing them with very few decent baseball programs. We should absolutely make them pay to play us if we travel to their house to beat the s%#t out of them. I just hope we can develop the strategies of a powerhouse for baseball now that we are independent. We need to host every year and leverage our reputation to make the season as profitable as possible. We also need to keep winning ofc. At the end of the day if we can stay elite and play our toughest series (Furd) on the road our RPI will be strong and we might even scratch out some profits with more home games and some changes to ticket strategy. Florida's baseball program lost $1.6 million. www.collegefactual.com/colleges/university-of-florida/student-life/sports/#:~:text=UF%20Men%27s%20Baseball&text=UF%20brought%20in%20%243%2C312%2C294%20in,net%20loss%20of%20%24%2D1%2C642%2C524.
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Post by nuclearbeaver on Feb 4, 2024 14:14:09 GMT -8
There is definitely teams that turn a profit. Most of the profitable ones are banking on filling huge stadiums of 5000+. Perennial super powers like Florida have pretty reasonable season tickets (135-500) but their single game tickets rachet up like crazy in conference play. They limit the season ticket holders to about 1/3rd capacity and absolutely slay on ticket sales after the pre-season. In comparison mid-tier to really good programs that haven't had a 40 year run tend to bank on more season ticket sales Incase the season doesn't work out. Someone else might know better but Goss probably hovers around 50% capacity on season tickets ranging from 400-1000. This year tickets for the first Beav home game is 17-65 and for Florida they range from 25-55. Both are playing lower division otc opponents. The final element is # of home games. The SEC is the most p of table league and their teams play almost all their OTC at home except for tournaments. This means they can maximize home game profits and they just have more ticket sales. I know weather is an issue but I'm really hoping the beavs find a way to limit travel in the future schedule. Being independent we should pack in as many games in Goss is possible and only travel for games that will help our RPI (BIG12, SEC, Furd, maybe some Arizona schools, UCLA, USC if they ever figure it out again). Travel costs more money than we lose inviting teams to come to Goss. We should also get favorable road agreements by leveraging our RPI potential. The BIG10 schools are probably going to take an RPI hit losing the Arizona schools and Oregon State and replacing them with very few decent baseball programs. We should absolutely make them pay to play us if we travel to their house to beat the s%#t out of them. I just hope we can develop the strategies of a powerhouse for baseball now that we are independent. We need to host every year and leverage our reputation to make the season as profitable as possible. We also need to keep winning ofc. At the end of the day if we can stay elite and play our toughest series (Furd) on the road our RPI will be strong and we might even scratch out some profits with more home games and some changes to ticket strategy. Florida's baseball program lost $1.6 million. www.collegefactual.com/colleges/university-of-florida/student-life/sports/#:~:text=UF%20Men%27s%20Baseball&text=UF%20brought%20in%20%243%2C312%2C294%20in,net%20loss%20of%20%24%2D1%2C642%2C524. That is surprising. One of their fan bases main arguments for their ridiculous home schedule is that they make money and the weather is great.
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Post by Henry Skrimshander on Feb 4, 2024 14:32:59 GMT -8
That is surprising. One of their fan bases main arguments for their ridiculous home schedule is that they make money and the weather is great. The fan base doesn't know WTF it's talking about. As is often the case, and not just at Florida.
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