Reply to Big Greek and Football Schools: The Only Real College Experience

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How many times are going to post stuff like this? Please touch grass and heal.[/quote]

Yeah, I don’t understand the purpose of these posts. Does OP just want everyone to jump on and agree? How many more posts at this topic are necessary? There’s just no value added.[/quote]

Because OPs kid goes to a state university that accepts everyone and is trying to feel better about themselves.[/quote]

LOL.  Not only is this not true, I'm not the one being defensive.  Which says a lot.   [/quote]

No one is being defensive but it's the only logical reason for why your post reeks of being a pick me. [/quote]

Just stop.  Everybody wants to be the cute and fun well rounded kid taking a break from their academics to pack the stadium with their school mates and cheer on the football team.[/quote]

Why on earth would anyone want to do that? Watching people needlessly waste time and money that could be used for better labs, more full time professors, better dorns, etc??[/quote]

The SEC schools are some of the best run universities in the country.  While Chicago is hundreds of millions in debt and Northwestern laying off 400 people, the [b]SEC schools are using sports money to finance state of the art research labs, offer high professor salaries and put millions into capital improvements.  [[/b]/quote]

1000% made-up bullshit.  Here is just one example of the Alabama sports budget:

The University of Alabama reported a total net loss of approximately $28 million for the 2024 fiscal year, with total revenues of $234.8 million and expenses of $262.8 million. This loss was largely due to one-time expenses from the football coaching transition and a significant increase in department-wide expenses. Despite the loss, the Alabama Crimson Tide's athletic department has a substantial budget, with football generating the most revenue and significant funds also coming from contributions and ticket sales.

Here is Georgia:

The University of Georgia (UGA) Athletics Department's approved budget for Fiscal Year 2026 is $223 million, a significant increase from prior years that accounts for rising operational costs and new revenue-sharing payments to athletes. [b]This budget includes approximately $223 million in revenue and $219 million in expenses,[/b] with the remaining funds set aside as a contingency.

Go through every school and its the same thing.  They are barely break-even or run at a loss.

Now, if they kept football and basketball and got rid of every other sport...they might run decent profits.[/quote]

Not at all BS.  Have you ever seen these schools?  They are impressive and financially healthy, largely from sports money (ESPN money, ad money, etc.).  Chicago’s debt is very real, they just sold off an Institute. Stanford laid off 700.  [/quote]

I literally just posted their Athletic P&Ls.  Alabama is losing $28MM on their athletics.  Georgia will earn a whopping $4MM that they are keeping as a contingency fund for the Athletic Department.  These dollars include all the ESPN money, ticket sales, alumni gifts to the athletic department, merchandise sales...everything.

If these schools eliminated all their sports with the exception of football and basketball, then they would run surpluses to be used for other purposes.  Of course they don't, and as a result even the top SEC schools just break-even or barely make any money.[/quote]

Georgia, Alabama, Ohio State, Texas, and Michigan all rake in comfortably north of $200,000,000 per year from football. Even Vanderbilt is making a billion over ten years.

Pretty sure George Washington, Georgetown, Catholic, UMD, and UVA would kill for that kind of revenue.

But I will grant coaches salaries are absurd at this level. I think clawback clauses should be the norm for these coaches when they fail to deliver.  [/quote]

Yeah...but Alabama ran a deficit of $28MM on their athletics and Georgia ran a profit of $4MM.  The only thing that matters is the net profit on the athletic spend, not the gross revenue.

Georgetown brought in $57MM of athletic revenue and broke-even.  Therefore, they came out ahead compared to Alabama.[/quote]

Georgetown is not in the same conversation as Alabama for athletic money.  The money is in the TV and ad revenue.  Alabama (and the SEC) is killing it.  Georgetown is in shambles.  Pull up Alabama athletic facilities on YouTube.  The place is fantastic and they keep building.  LSU too.  [/quote]

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