Another reason you won't see a playoff anytime soon

[rizolltizide]

http://www.sptimes.com/2006/06/01/Sports/UF_likes_idea_of_play.shtml

(NOT) IN THE MONEY:

As it prepares for next season, Florida is awaiting final numbers from the NCAA Tournament. School officials won't know for another 3-6 months how much money it generated from sales of trademarked national championship merchandise, but the Gators were $100,000 in the hole when the game ended - a $75,000 loss from expenses at the Final Four and another $25,000 from the Elite Eight in Minneapolis.

"Everybody always thinks schools make so much money, but that's not the case," McGarity said. " ... I think you'll see across the board it's pretty tough to come out in the black, especially the further you advance."

If history is any indication, the Gators could recoup those losses. Both Florida and FSU made more than $1-million in apparel sales after their national championship football seasons.

Now I know it is basketball and not football and the logistics are hard to compare, but you can't tell me that the NCAA is not making gobs and gobs of money off of the NCAA basketball tourney. And after travel expenses, etc., the team that won it all is counting on merchandise sales of championship gear to generate a profit. I wonder what the bottom line of the NCAA is from the tourney. Anyone know?

It is no small wonder college presidents won't give in to that kind of a system.

 

[jordan92]

plus with espn lining up new bowls it tells one that tv doesnt want a playoff either

 

[CajunCrimson]

Well, and there is always creative bookkeeping.........I promise you they aren't losing money. They are paying their coaching staff over $2 million.......come on......

 

[TerryP]

http://www.sptimes.com/2006/06/01/Sports/UF_likes_idea_of_play.shtml



Now I know it is basketball and not football and the logistics are hard to compare, but you can't tell me that the NCAA is not making gobs and gobs of money off of the NCAA basketball tourney. And after travel expenses, etc., the team that won it all is counting on merchandise sales of championship gear to generate a profit. I wonder what the bottom line of the NCAA is from the tourney. Anyone know?

It is no small wonder college presidents won't give in to that kind of a system.

I don't recall the exact percentage, but it was between 5-10% of the total monies generated that went to the NCAA.

On UF, I read a few weeks ago they made @600K from their tourney trip. That money, minus their travel expenses, went into the "kitty" that was split with all 12 SEC teams. So, the idea that they are in the red right now isn't far fetched, at all.

 

[TerryP]

Well, and there is always creative bookkeeping.........I promise you they aren't losing money. They are paying their coaching staff over $2 million.......come on......

I think you would be very shocked to find out how many schools in the SEC are losing money.

South Carolina, as example, is operating under a zero-balance budget this year because they simply don't have the funds to do anything. You have to figure that applies to at least 1/2 of the SEC schools.

 

[TommyMac]

I think you would be very shocked to find out how many schools in the SEC are losing money.

South Carolina, as example, is operating under a zero-balance budget this year because they simply don't have the funds to do anything. You have to figure that applies to at least 1/2 of the SEC schools.

And yet there are still a lot of idiots that think college athletes should be paid. Evidently they don't realize that it's economically impossible.

 

[NYBamaFan]

And yet there are still a lot of idiots that think college athletes should be paid. Evidently they don't realize that it's economically impossible.

While I don't support paying college athletes, no school can complain about their finances when they pay coaches $millions of dollars$ each year. Sorry, I have no sympathy. When coaching staffs at a universities make more than the entire faculty (less management)... :conf3:

Aren't schools supposed to center around education?

 

[trenda]

Aren't schools supposed to center around education?

WHAT?????

Surely, you jest . . .

 

[CrimsonChuck]

I am kind of confused about this. Travel to the tourney games is completely paid for by the NCAA.

TommyMac, if college football had a playoff, it would generate enough money to give every single Division I athelete (both male and female) a $1,000 per year stipend.

 

[TerryP]

I am kind of confused about this. Travel to the tourney games is completely paid for by the NCAA.

TommyMac, if college football had a playoff, it would generate enough money to give every single Division I athelete (both male and female) a $1,000 per year stipend.

College players already receive more than a $1000 per year stipend. Just over the summer months Alabama players receive slightly less than that.

In Bowl Games, the Universities are allowed to deduct their expenses from the bowl payout, and the rest of that money goes into the SEC kitty. It's been that way for years, the way I understand it.

The biggest reason you aren't seeing a playoff in College football lies at the feet of the Presidents of each University. I don't blame them, at all. In basketball, the NCAA gets their hands on the money before the colleges do. In our current system, the NCAA doesn't have their hands in the bowl revenue pie.

 

[TiderB]

The biggest reason you aren't seeing a playoff in College football lies at the feet of the Presidents of each University. I don't blame them, at all. In basketball, the NCAA gets their hands on the money before the colleges do. In our current system, the NCAA doesn't have their hands in the bowl revenue pie.

Exactly. And this is why we will not see a college football playoff any time soon. And that's just fine by me.

 

[bamanut_aj]

Exactly. And this is why we will not see a college football playoff any time soon. And that's just fine by me.

while I'm not a huge fan of the BCS, I have to agree that even though there are some neat ideas for a playoff, it's just not gonna happen or work. With some fine tuning, what we have now is going to have to do.

 

[rizolltizide]

no school can complain about their finances when they pay coaches $millions of dollars$ each year.

They are worth what the market will pay them. Free markets in action. We may consider it to be excessive, but what is excessive?

 

[NYBamaFan]

They are worth what the market will pay them. Free markets in action. We may consider it to be excessive, but what is excessive?

I would say that a school paying a person that has nothing to do with education so much money that it pushes that school into the red would qualify as excessive. Let's face it, professional sports salaries are out of control, and college sports are following closely on their heels. The biggest difference? Professional sports franchises are privately owned and designed to win at all costs to create the revenue to cover the salaries. Schools are, well, schools. Most of our country's finest universities do not have highly paid coaches and operate well in the black...

Don't get me wrong - I love college football, but today's sport is much different than the one that I grew up watching...

 

[BayouBama75]

I thought a lot of the head coaches money came form shoe deals and TV show and all that kind of stuff and what the school had to pay was only a fraction of the total... I may be wrong but that was my opinion.

 

[rizolltizide]

I thought a lot of the head coaches money came form shoe deals and TV show and all that kind of stuff and what the school had to pay was only a fraction of the total... I may be wrong but that was my opinion.

No, you're right in your thinking. I can't remember Coach Shula's number off the top of my head and I'm too lazy to look it up right now, but I believe his base pay from the University is only a couple hundred thousand.

NYBF, it is not the coaches salaries that push these schools athletics departments into the red. Personally, I think more of it has to do with Title IX and the lack of fan support for the more fringe sports. And I would imagine that most universities, as a whole, operate in the black regardless of the losses generated from the athletic department.

Either way, schools have to pay to play. If my school doesn't pay the guy what he wants then another school will.