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Post by azsod73 on Dec 3, 2013 12:50:12 GMT -6
The SD Board of Regents report, as it relates to USD and SDSU athletic funding, has some interesting information: sdbor.edu/theboard/agenda/2013/December/CommB/I_I.pdfIt appears the schools do not account for all income and expenditures the same but a couple observations: > The primary sports expenditures are quite similar. SDSU spends about $4 million more in total because of wrestling, baseball, and equestion (totals about $1.9 million) and $2.1 million more in Administrative Support. Not sure why the Administrative Support difference is so huge because SDSU's additional nonrevenue sports of baseball, wrestling and equestrian, shouldn't make that much difference. > On the revenue side, some glaring diffences in SDSU's favor are Corporate Sponsoships, $1 million, NCAA $1 million, Gen'l Activity Fee $1 million, and Gate Receipts $1.2 million. As for Corporate Sponorships, it will be difficult to compete with all the Ag related industries that compete to sponsor the Ag school. Maybe some day we can get the accountants to sponsor a 'Tax Dodger's Bowl', the docs to sponsor a 'Happy Colonoscopy Bowl', and the lawyers a 'Get out of Jail Free Bowl.' As for the NCAA, I believe we are eligble for the full share in 2014 which will bump us up about a million. The Gen'l Activity fee short fall, is related to student numbers, and (I believe) a past failure on our ADs to sell our student body on increasing fees to support athletics. I don't know how possible it would be to increase student fees in today's economic climate. The Gate Receipts difference is big, and no, it's not because we don't offer baseball, wrestling, and equestrian - all probably dead losses on the income/expense ledgers. Our football receipts will go up as the program continues to improve and BBall will jump with a new arena and continued improvements in those programs. On the Gate Receipts, although SDSU's number is over $1 million greater, their concession revenues are only $21,000 higher - what are they serving up there, bran flakes and goat milk?
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Post by wrj on Dec 3, 2013 15:27:45 GMT -6
The SD Board of Regents report, as it relates to USD and SDSU athletic funding, has some interesting information: sdbor.edu/theboard/agenda/2013/December/CommB/I_I.pdfIt appears the schools do not account for all income and expenditures the same but a couple observations: > The primary sports expenditures are quite similar. SDSU spends about $4 million more in total because of wrestling, baseball, and equestion (totals about $1.9 million) and $2.1 million more in Administrative Support. Not sure why the Administrative Support difference is so huge because SDSU's additional nonrevenue sports of baseball, wrestling and equestrian, shouldn't make that much difference. > On the revenue side, some glaring diffences in SDSU's favor are Corporate Sponsoships, $1 million, NCAA $1 million, Gen'l Activity Fee $1 million, and Gate Receipts $1.2 million. As for Corporate Sponorships, it will be difficult to compete with all the Ag related industries that compete to sponsor the Ag school. Maybe some day we can get the accountants to sponsor a 'Tax Dodger's Bowl', the docs to sponsor a 'Happy Colonoscopy Bowl', and the lawyers a 'Get out of Jail Free Bowl.' As for the NCAA, I believe we are eligble for the full share in 2014 which will bump us up about a million. The Gen'l Activity fee short fall, is related to student numbers, and (I believe) a past failure on our ADs to sell our student body on increasing fees to support athletics. I don't know how possible it would be to increase student fees in today's economic climate. The Gate Receipts difference is big, and no, it's not because we don't offer baseball, wrestling, and equestrian - all probably dead losses on the income/expense ledgers. Our football receipts will go up as the program continues to improve and BBall will jump with a new arena and continued improvements in those programs. On the Gate Receipts, although SDSU's number is over $1 million greater, their concession revenues are only $21,000 higher - what are they serving up there, bran flakes and goat milk? Thanks for the humor in your post. Your proposed bowl game names are a hoot. Perhaps bran flakes and goat milk would be a great idea, especially if we ever revive the Cereal Bowl.
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Post by Yote 53 on Dec 4, 2013 8:27:50 GMT -6
"On the Gate Receipts, although SDSU's number is over $1 million greater, their concession revenues are only $21,000 higher - what are they serving up there, bran flakes and goat milk?"
-You've hit on something here. The answer probably has something to do with how things are counted and the gate revenue differences aren't as great in reality.
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obc
Senior Member
Posts: 781
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Post by obc on Dec 4, 2013 18:59:28 GMT -6
When will we hear more about the new facility at USD? Anyone know?
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Post by GoYotes on Dec 4, 2013 20:40:00 GMT -6
I have put on my CPA glasses and reviewed the BOR report. Here are some of the items that caught my attention: 1) The previously mentioned difference in gate receipts between USD & SDSU 2) Guarantees income is $250,000 higher at USD than SDSU. Perhaps this is a result of the football game at Howard Wood field last year against the Bison, whereas the SF Sports Authority may have received a portion of the gate receipts in exchange made a guaranteed payment to USD. This would also explain a portion of the difference in gate receipts. 3) What is the $210,000 of copier & printing services revenue and $70,000 of office stores revenue. USD is the only institution with these 2 sources of revenue. 4) SDSU received in excess of $1,000,000 more than USD in both corporate sponsorships and NCAA/conference revenues 5) SDSU's 3rd most expensive sport is equestrian 6) SDSU spent $2,000,000 more than USD for administration/support
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Post by 94grad on Dec 4, 2013 20:51:41 GMT -6
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jackjd
Senior Member
Posts: 653
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Post by jackjd on Dec 5, 2013 9:16:59 GMT -6
"On the Gate Receipts, although SDSU's number is over $1 million greater, their concession revenues are only $21,000 higher - what are they serving up there, bran flakes and goat milk?" -You've hit on something here. The answer probably has something to do with how things are counted and the gate revenue differences aren't as great in reality. I pay attention to those numbers (there's a reason for that) and the reporting of gate receipts should be consistent among the regental institutions. Are you aware of facts that support your statement "the gate revenue differences aren't as great in reality"? If so, I'd like to have those facts. If you're just speculating, that's okay with me -- it's a message board. But, if you know of a party fudging the numbers, I'd like to know the basis for that claim. (I'll send you a PM, Yote53)
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Post by Yote 53 on Dec 5, 2013 12:44:22 GMT -6
Speculation based on what I see. I know Dome Dogs are good, but only $21,000 difference in concession revenues given a reported difference of $1 million in gate receipts. Something is not adding up. Either USD is underreporting their gate receipts or SDSU is overreporting or a combination of the both.
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Post by oldhare on Dec 5, 2013 13:23:06 GMT -6
Speculation based on what I see. I know Dome Dogs are good, but only $21,000 difference in concession revenues given a reported difference of $1 million in gate receipts. Something is not adding up. Either USD is underreporting their gate receipts or SDSU is overreporting or a combination of the both. The basketball games at Frost often use youth groups to operate the concessions. These are fundraisers for the groups. It may be that the sales are not reported since the profits go to the entities operating the sales and they are not part of the university. It is only speculation, but if you are in Frost getting some snacks and refreshments; you might ask the server if they are part of a youth group operating the stand.
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Post by flashtaco on Dec 5, 2013 14:21:22 GMT -6
Take a glance at NSU concession/vending compared to gate receipts. SDSU has a good thing going and we need to pick it up. I have faith that we have the people in place to do so.
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Post by azsod73 on Dec 5, 2013 15:52:16 GMT -6
"On the Gate Receipts, although SDSU's number is over $1 million greater, their concession revenues are only $21,000 higher - what are they serving up there, bran flakes and goat milk?" -You've hit on something here. The answer probably has something to do with how things are counted and the gate revenue differences aren't as great in reality. I pay attention to those numbers (there's a reason for that) and the reporting of gate receipts should be consistent among the regental institutions. Are you aware of facts that support your statement "the gate revenue differences aren't as great in reality"? If so, I'd like to have those facts. If you're just speculating, that's okay with me -- it's a message board. But, if you know of a party fudging the numbers, I'd like to know the basis for that claim. (I'll send you a PM, Yote53) It is a bit of a conundrum, if you look at SDSU's $1,164,000 additional Gate Receipt revenues and divide that by an estimated $20 average ticket price (high/low I don't know), you come up with about 58,000 more fans who are spending about 36 cents a piece on refreshments..........
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Post by flashtaco on Dec 5, 2013 16:46:03 GMT -6
According to the pro forma for their new stadium they sold 36,638 (7300ish per) tickets for the 5 home football games last year at an average cost of 17.09. That is 636,542 of the 1,614,000. They have solid season attendance for both MBB/WBB (47,120 for men and 28,399 for women. Please note the MBB/WBB are attendance and not tickets sold as there is a very large difference) so it is possible but probably a pretty big stretch to believe they had another 1M in receipts for other sports outside of football. Some of that could be other revenue stuck in gate receipts (concession/vending). Maybe they include jackrabbit club or some sort of per seat donation to athletic department in the gate receipts. Lord knows we have a ways to go to get to the same level in attendance. They get to discuss a playoff game against EWU and a new stadium breaking ground soon. We need to raise 10 million and break ground sometime in 2020
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Post by 2002jack on Dec 22, 2013 23:20:58 GMT -6
I pay attention to those numbers (there's a reason for that) and the reporting of gate receipts should be consistent among the regental institutions. Are you aware of facts that support your statement "the gate revenue differences aren't as great in reality"? If so, I'd like to have those facts. If you're just speculating, that's okay with me -- it's a message board. But, if you know of a party fudging the numbers, I'd like to know the basis for that claim. (I'll send you a PM, Yote53) It is a bit of a conundrum, if you look at SDSU's $1,164,000 additional Gate Receipt revenues and divide that by an estimated $20 average ticket price (high/low I don't know), you come up with about 58,000 more fans who are spending about 36 cents a piece on refreshments.......... A theory....Aramark runs the concessions at SDSU. Aramark gets a larger cut of the receipts, and pays a corporate sponsorship fee, so the accounting might be different. It is also terrible food. I went to five games at CAS this fall and didn't spend a dime on the crap they sell inside the stadium.
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Post by Yotes on Dec 22, 2013 23:53:37 GMT -6
It is a bit of a conundrum, if you look at SDSU's $1,164,000 additional Gate Receipt revenues and divide that by an estimated $20 average ticket price (high/low I don't know), you come up with about 58,000 more fans who are spending about 36 cents a piece on refreshments.......... A theory....Aramark runs the concessions at SDSU. Aramark gets a larger cut of the receipts, and pays a corporate sponsorship fee, so the accounting might be different. It is also terrible food. I went to five games at CAS this fall and didn't spend a dime on the crap they sell inside the stadium. Aramark is just terrible. I haven't given them any business since my time in the dorms, and the food they served in the dorms was probably even worse than what they serve in the venues. Never again. Never again.
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Post by gorabbits on Dec 23, 2013 8:39:55 GMT -6
According to the pro forma for their new stadium they sold 36,638 (7300ish per) tickets for the 5 home football games last year at an average cost of 17.09. That is 636,542 of the 1,614,000. They have solid season attendance for both MBB/WBB (47,120 for men and 28,399 for women. Please note the MBB/WBB are attendance and not tickets sold as there is a very large difference) so it is possible but probably a pretty big stretch to believe they had another 1M in receipts for other sports outside of football. Some of that could be other revenue stuck in gate receipts (concession/vending). Maybe they include jackrabbit club or some sort of per seat donation to athletic department in the gate receipts. Lord knows we have a ways to go to get to the same level in attendance. They get to discuss a playoff game against EWU and a new stadium breaking ground soon. We need to raise 10 million and break ground sometime in 2020 SDSU sells over 2000 season tickets for basketball at an estimated $400 each (mine are about $375 in the upper level) for over $800,000. this is before the single game and package sales. so $1,000,000 outside of football sounds about right.
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