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Reply to "How much money is UMD going to get from the B1G conference?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Now that UCLA and USC are partners it looks like it could be 100 million+ per year. Plus with UMD being the 8th highest public and 14th highest overall research budget nationally, it could increase those rankings as well. I feel bad for Uva and UNC that could be stuck in the ACC with that horrible iron clad contract through 2036. [/quote] Aren't the sports programs a net negative for the university? I mean the stadiums alone cost more than this.[/quote] Not if you are in a conference with big TV rights. The BIG10 schools average something like $50m/year in sports revenue. Plus there is a recruiting benefit in the revenue sports which drives alumni donations, ticket sales, merchandise sales, etc.[/quote] The SEC distributed $55 million to each school last year. That will go up when Oklahoma and Texas join. That’s over and above the revenue they made themselves and alumni donations. Even during Covid, UT Austin generated $200 million in sports revenue for about $22 million in profit. In a normal year, it’s tens of millions more. IME, the stadiums are paid for with alumni donations. My alma mater is expanding the football stadium, and it will be 100% funded by alumni. [/quote] Over at Burnt Orange they are hedging toward flipping to the BiG for more money and academic prestige. Is the SEC forcing them to stay or is it easy to go where they want? [/quote] I'm sure those are the people in charge. . . [/quote]
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