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  1. #11
    First Class FCS Ruler Bucs2016's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by Bluefish845 View Post
    Interesting that Stonybrook has 4th highest income, 4th highest expenses and 5th most subsidy. As a NY resident I am appalled. When SHU visits Stonybrook this year I will announce at the gate "I have already paid for my ticket!!!" NY also just passed free college tuition if you meet certain income (or lack thereof) requirements....
    Free tuition in NY??? SOO if I move there...don't take a job...apply with $0 income...can I spend 4 years at Syracuse in the dorms and have some fun???? This "free tuition" experiment the left wing is going on is ripe for abuse.
    Yeah our stadium is a dump. But your mama has season tickets.

  2. #12
    Regular FCS Advocate Bluefish845's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by Bucs2016 View Post
    Free tuition in NY??? SOO if I move there...don't take a job...apply with $0 income...can I spend 4 years at Syracuse in the dorms and have some fun???? This "free tuition" experiment the left wing is going on is ripe for abuse.
    'Cuse is a private school the Free tuition is for public schools only but includes both Stonybrook and Albany. You would still be on the hook for room and board which is more than tuition at most of the state schools currently SUNY tuition is about $5,700 per semester although that can vary by school slightly

  3. #13
    Regular FCS Advocate Bluefish845's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by Bluefish845 View Post
    'Cuse is a private school the Free tuition is for public schools only but includes both Stonybrook and Albany. You would still be on the hook for room and board which is more than tuition at most of the state schools currently SUNY tuition is about $5,700 per semester although that can vary by school slightly
    Sorry old number it is $6,470 per semester..

  4. #14
    Top FCS Ruler RootinFerDukes's Avatar
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    2016 (Public) Athletic Department Balance Sheets

    Fwiw, last I checked, JMU was still the 5th cheapest tuition and fees university in the state of Virginia. We may have a nation highest student subsidy but when the parents and students are still paying less overall, they don't notice and don't care.

    With that being said, I'd love to see our fees go down. We're paying G5, almost P5 bills for an Fcs product. Anything less than a national title each season is unacceptable.

  5. #15
    Top FCS Ruler RootinFerDukes's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by JMUisat14 View Post
    Football had a budget of $8.2 million last year. There's also the debt service payments for the stadium which is another $5.5.

    Our total is so large because we have 17 other D1 programs we sponsor outside of football.
    Our leadership has made the commitment to fully fund all programs too and we have many new athletic facilities and the debt service that comes with them.
    The big difference is that many universities choose to underfund their non-football and mbb sports, while our leadership won't throw the other sports under the bus.

  6. #16
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Wasn't JMU mandated by law to get to a 60% subsidy?

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  7. #17
    FCS Expert Mattymc727's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    UNH is pretty interesting. Both ticket sales and contributions are way down from 2005, yet revenue is way up. These alternate ways of making money are interesting. Student fees have almost doubled (probably going there)
    User formerly known as: UNHFan@RWU


    "We're New Hampshire born and we're New Hampshire bred and when we die we'll be New Hampshire dead, so it's ra ra New Hampshire Hampshire, ra ra New Hampshire Hampshire, pride of the granite state !"

  8. #18
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    Re: 2016 (Public) Athletic Department Balance Sheets

    I just want to know how in the heck SLC teams get that much in contributions! UCA can barely get $150k from their donors while SHSU get nearly 3 million! WTH! Even Lamar and SFA is outpacing us. This is unacceptable. Seriously.
    A bird sitting on a tree is never afraid of the branch breaking because its trust in not in the branch, but in its own wings. ~Anonymous
    Artist formerly known as: UCABEAR

  9. #19

    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by Professor Chaos View Post
    The new numbers are out for the 2015-2016 academic year published by USA Today: http://sports.usatoday.com/ncaa/finances/

    I find it interesting to look at how FCS schools balance, or try to balance, their athletic budgets. If you click on the school you can see the subsidies the athletic department took in broken down by student fees and "school funds". It allows you to sort based on total revenue, total expenses, and % subsidy. Here's the top 10 for each amongst FCS schools (I just eyeballed it so there may be some mistakes). Keep in mind this is for all sports, not just football.

    Total revenue (highest)
    1. James Madison $47,442,648
    2. Delaware $34,309,705
    3. UC Davis $32,459,650
    4. Stony Brook $31,692,805
    5. New Hampshire $29,173,085
    6. Cal Poly $28,338,679
    7. Towson $27,424,255
    8. Sacramento St $26,741,348
    9. Rhode Island $26,627,943
    10. Illinois St $26,521,556

    Total revenue (lowest)
    1. Alabama A&M $2,592,863
    2. Mississippi Valley St $4,288,571
    3. Alcorn St $5,441,889
    4. Grambling $6,198,723
    5. Arkansas-Pine Bluff $7,141,263
    6. Jackson St $7,602,536
    7. South Carolina St $8,449,844
    8. Nicholls St $8,587,660
    9. Morgan St $10,453,448
    10. UT Martin $10,679,463

    Total expenses (highest)
    1. James Madison $47,442,648
    2. Delaware $34,309,705
    3. UC Davis $31,837,452
    4. Stony Brook $30,968,765
    5. Towson $29,412,429
    6. New Hampshire $28,908,841
    7. Southern Illinois $27,544,434
    8. Sacramento St $27,348,042
    9. William & Mary $26,499,511
    10. North Dakota $26,327,877

    Total expenses (lowest)
    1. Mississippi Valley St $4,288,571
    2. Alcorn St $6,751,529
    3. Arkansas Pine-Bluff $7,153,294
    4. Jackson St $7,602,536
    5. South Carolina St $8,438,685
    6. Nicholls St $8,492,701
    7. Grambling $8,642,954
    8. Alabama A&M $9,372,315
    9. UT Martin $10,679,463
    10. Texas Southern $10,889,527

    % subsidy/allocated (lowest)
    1. Montana 34.15
    2. North Dakota St 34.47
    3. South Dakota St 45.50
    4. North Dakota 47.95
    5. VMI 48.20
    6. Northern Iowa 48.96
    7. McNeese St 49.13
    8. Mississippi Valley St 50.47
    9. Montana St 51.14
    10. Florida A&M 53.89

    % subsidy/allocated (highest)
    1. Central Connecticut 88.40
    2. Morehead St 88.09
    3. Towson 86.35
    4. Sacramento St 84.83
    5. Stony Brook 84.58
    6. Morgan St 83.35
    7. Delaware St 82.76
    8. Alabama St 82.27
    9. Texas Southern 82.22
    10. Stephen F Austin 81.94

    Pretty interesting to see where we all stack up amongst the big boys I thought.
    Interesting how it is dominated by CAA on east coast (6 programs), Big Sky on west coast (3 teams), and then my ISU program close out the top 10 in Midwest. ISU has done very well managing their finances and have easily survived sate of Illinois budgetary woes and reneging on funding in comparison to all other state schools, except possibly U of I. We're very fortunate in that aspect. Still growing slowly, raising entrance requirements, and improving campus infrastructure every year .. despite Illinois not funding anywhere near what was committed.

    One area some complain about is that we don't budget for each sport based on revenue potential for sports like Men's Basketball and Football .. we tend to spread the money every where as far as budgets for coaches, equipment, and facilities. For example, our Hancock 2.0 renovation had to wait a long time to get done, while other sports facilities were getting very nice upgrades. Granted there were many contributing factors to why other sports got their stuff done and football did not .. but point remains same .. ISU likes to spread the budget across all sports, with only some regard for revenue potential.

    I view this approach as mostly a positive, but it sometimes leaves me scratching my head .. but then i look at other state schools who are struggling a lot financially and accept ISU knows what they are doing and are very focused on long term sustain success .. and not as much on next seasons football record or recruiting class.

  10. #20
    Top FCS Ruler RootinFerDukes's Avatar
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    Re: 2016 (Public) Athletic Department Balance Sheets

    Quote Originally Posted by IBleedYellow View Post
    Wasn't JMU mandated by law to get to a 60% subsidy?

    Sent from my Pixel XL using Tapatalk
    Yes. It's 70% for an FCS school. The legislation though exempts certain types of expenses from being counted, such as debt service or spirit groups. According to our Athletic Director, we're in compliance when we exempt those items that the law allows.

    A quote from Jeff Bourne, our AD: "namely spirit groups, debt services (that were approved by the Commonwealth prior to June 30, 2015) and institutional service charges. After that consideration, JMU sits at 58 percent of its budget stemming from student fees, which is well below the Cox Bill requirement at the FCS level."

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