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Post by irimi on Feb 4, 2024 19:48:08 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. If it’s in media contracts, then baseball should be improving. More games are being broadcasted than ever. |
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Post by rgeorge on Feb 4, 2024 20:11:41 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 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. If it’s in media contracts, then baseball should be improving. More games are being broadcasted than ever. Part of the issue is within the NCAA itself. The last time I saw a report it mentioned that only (7) sports actually make money vs the (92) championships they hold. Hence, baseball's last media deal was like $500 million over several years while let's say March Madness was over $700 mil per year. However, people forget the NCAA barely breaks even as it has programs and championships in three divisions. The last article that had an audit break down was for 2021 and overall revenue: $1.155 billion. Total expenditures: $1.033 billion. So, really any new media deal increase is going to be absorbed by increasing costs to run the entire ship. Just as with universities as a whole, baseball is a tiny drop in the overall bucket. Last I saw the average expenditure for baseball for D1 schools is like 5.5% of the AD budget. Same applies in the overall scheme in the NCAA budgets. Anyway, here is a decent article that can break down some numbers: businessofcollegesports.com/ncaa-revenue-distribution-plan-and-payouts/#:~:text=According%20to%20the%20NCAA%E2%80%99s%20audited%20financial%20statement%20for |
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Post by wilkyisdashiznit on Feb 4, 2024 21:35:30 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. You're trusting The Oregonian to provide you with the "truth" about anything? Unless someone has the actual complete report, it is hard to figure out exactly what is being said. Still, it looks like Oregon State, as a whole, turned a real profit, since "student aid" is never a real number that is actually expended. It is a sunk cost. Having said that, the fact that the Reser remodel is not in the numbers seems like a huge omission. |
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Post by Werebeaver on Feb 4, 2024 21:52:52 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. You're trusting The Oregonian to provide you with the "truth" about anything? Unless someone has the actual complete report, it is hard to figure out exactly what is being said. Still, it looks like Oregon State, as a whole, turned a real profit, since "student aid" is never a real number that is actually expended. It is a sunk cost. Having said that, the fact that the Reser remodel is not in the numbers seems like a huge omission. I'm happy to review the numbers from anyone who can show that OSU Baseball brings in more money than it expends. |
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Post by irimi on Feb 5, 2024 5:38:35 GMT -8
If it’s in media contracts, then baseball should be improving. More games are being broadcasted than ever. Part of the issue is within the NCAA itself. The last time I saw a report it mentioned that only (7) sports actually make money vs the (92) championships they hold. Hence, baseball's last media deal was like $500 million over several years while let's say March Madness was over $700 mil per year. However, people forget the NCAA barely breaks even as it has programs and championships in three divisions. The last article that had an audit break down was for 2021 and overall revenue: $1.155 billion. Total expenditures: $1.033 billion. So, really any new media deal increase is going to be absorbed by increasing costs to run the entire ship. Just as with universities as a whole, baseball is a tiny drop in the overall bucket. Last I saw the average expenditure for baseball for D1 schools is like 5.5% of the AD budget. Same applies in the overall scheme in the NCAA budgets. Anyway, here is a decent article that can break down some numbers: businessofcollegesports.com/ncaa-revenue-distribution-plan-and-payouts/#:~:text=According%20to%20the%20NCAA%E2%80%99s%20audited%20financial%20statement%20forInteresting article, but it is using 2021 numbers and some from 2022, and I am thinking more current than that. IIRC last year, ESPN jumped in to broadcast the Regionals and Supers, airing them on ESPN+ or something. Before that, they simply streamed them along. What this says to me is that ESPN is finding enough of an audience to try to cash in, and as they cash in, the baseball programs should reap more benefits.
It's speculation, I know, but the change last year seemed to say to me that college baseball won't be overlooked anymore.
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Post by flyfishinbeav on Feb 5, 2024 7:45:44 GMT -8
You're trusting The Oregonian to provide you with the "truth" about anything? Unless someone has the actual complete report, it is hard to figure out exactly what is being said. Still, it looks like Oregon State, as a whole, turned a real profit, since "student aid" is never a real number that is actually expended. It is a sunk cost. Having said that, the fact that the Reser remodel is not in the numbers seems like a huge omission. I'm happy to review the numbers from anyone who can show that OSU Baseball brings in more money than it expends. Just imagine how far in the hole baseball was before alcohol sales at Goss |
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Post by joecool on Feb 5, 2024 8:11:19 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. You're trusting The Oregonian to provide you with the "truth" about anything? Unless someone has the actual complete report, it is hard to figure out exactly what is being said. Still, it looks like Oregon State, as a whole, turned a real profit, since "student aid" is never a real number that is actually expended. It is a sunk cost. Having said that, the fact that the Reser remodel is not in the numbers seems like a huge omission. The story contains the entire 80 page report. |
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Post by wilkyisdashiznit on Feb 5, 2024 12:36:57 GMT -8
You're trusting The Oregonian to provide you with the "truth" about anything? Unless someone has the actual complete report, it is hard to figure out exactly what is being said. Still, it looks like Oregon State, as a whole, turned a real profit, since "student aid" is never a real number that is actually expended. It is a sunk cost. Having said that, the fact that the Reser remodel is not in the numbers seems like a huge omission. The story contains the entire 80 page report. I am paywalled. Where is the link to the report? |
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cake
Sophomore
Posts: 1,598 
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Post by cake on Feb 5, 2024 13:35:57 GMT -8
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Post by wilkyisdashiznit on Feb 6, 2024 13:38:47 GMT -8
Baseball: Revenue: Ticket Sales $1,435,893
Contributions $447,795
In-Kind $28,358
Program, Novelty, Parking, & Concession Sales $1,122
Sports Camp Revenues $268,691
Other Operating Revenue $1,886
Total $2,183,745
I cannot make the total number match the line items for expenses. Maybe someone with a more number-related degree can read the report and clean up my math.
Expenses:
Athletic Student Aid $589,777
Guarantees (amounts paid to visiting teams) $50,239
Coaching Salaries $680,135
Support Staff/Administrative Compensation $196,677
Recruiting $83,609
Team Travel $557,266
Sports Equipment, Uniforms, & Supplies $135,270
Game Expenses $568,966
Fund Raising, Marketing, & Promotion $77,614
Sports Camp Expenses $98,401
Athletic Facilities Debt Service & Leases/Rental $3,631
Direct Overhead & Administrative Expenses $265,826
Medical Expenses & Insurance $26,574
Memberships & Dues $75
Student-Athlete Meals $105,817
Other Operating Expenses $68,223
Total $3,508,100
The reported expenses are $4,003,963. However, the line items add up to $3,508,100. That is a difference of $495,863, which is a number that does not appear in the report. The revenue appears low. Without looking at the FY22 report, it is hard for me to say why it appears low. $4,003,963 would be high for expenses, but $3,508,100 is more in line with baseball expenses looking at years past. |
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Post by jimbeav on Feb 6, 2024 16:23:46 GMT -8
To me, this is the key figure:
"Ticket revenue for all sports was $9.95 million, up a half million from 2022. Football was responsible for more than half the ticket revenue at $5.9 million. Baseball was No. 2 at $1.44 million, more than men’s and women’s basketball ($1.28 million) combined."
Earlier, it says that basketball brought in $5mil+ in media revenue. That's the only reason it's profitable.
The only reason basketball makes money is because there's national interest in the sport. But Beaver Nation has clearly spoken about where its priorities lie (and rightfully so).
I won't be surprised if the next 2 years without a comprehensive media deal shows baseball losing a lot less money than basketball...
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Post by grackle on Feb 6, 2024 21:08:03 GMT -8
Nice enough financial analysis I suppose. BUT that -1.84 mil figure does not account for the widespread and positive publicity that OSU gains annually from the baseball program's high nationwide visibility.
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Post by joecool on Feb 6, 2024 21:56:57 GMT -8
Baseball: Revenue: Ticket Sales $1,435,893
Contributions $447,795
In-Kind $28,358
Program, Novelty, Parking, & Concession Sales $1,122
Sports Camp Revenues $268,691
Other Operating Revenue $1,886
Total $2,183,745
I cannot make the total number match the line items for expenses. Maybe someone with a more number-related degree can read the report and clean up my math.
Expenses:
Athletic Student Aid $589,777
Guarantees (amounts paid to visiting teams) $50,239
Coaching Salaries $680,135
Support Staff/Administrative Compensation $196,677
Recruiting $83,609
Team Travel $557,266
Sports Equipment, Uniforms, & Supplies $135,270
Game Expenses $568,966
Fund Raising, Marketing, & Promotion $77,614
Sports Camp Expenses $98,401
Athletic Facilities Debt Service & Leases/Rental $3,631
Direct Overhead & Administrative Expenses $265,826
Medical Expenses & Insurance $26,574
Memberships & Dues $75
Student-Athlete Meals $105,817
Other Operating Expenses $68,223
Total $3,508,100
The reported expenses are $4,003,963. However, the line items add up to $3,508,100. That is a difference of $495,863, which is a number that does not appear in the report. The revenue appears low. Without looking at the FY22 report, it is hard for me to say why it appears low. $4,003,963 would be high for expenses, but $3,508,100 is more in line with baseball expenses looking at years past.Page 41...$495,863, amount paid to assistant coaches. |
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