05-20-2015, 08:21 PM
A bit curious about the nature of the one-time endowment portion of the *** footnote.
Oregon had revenue around $118 million in that same fiscal year.
USC was apparently around $106.5 million.
http://www.latimes.com/sports/usc/uscnow...story.html
Stanford's tally includes the revenue from the asset known as the golf course, which some don't think should count. Every school has various quirky items in their tallies.
The golf course fees are bigger than all other gates combined, it is material to the AD budget. Has been for decades. And those that pay those dues used to be told their rather expensive fees supported the program, I have to believe that is still the case.
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Take away the endowment and the golf course and the AD is in a world of hurt. Real truth in that founding observation that the land would provide for the long-term viability of the university (and now the AD).
Just hope the value of the assets can keep pace with the rapidly increasing football gate at other institutions.
Oregon had revenue around $118 million in that same fiscal year.
USC was apparently around $106.5 million.
http://www.latimes.com/sports/usc/uscnow...story.html
Stanford's tally includes the revenue from the asset known as the golf course, which some don't think should count. Every school has various quirky items in their tallies.
The golf course fees are bigger than all other gates combined, it is material to the AD budget. Has been for decades. And those that pay those dues used to be told their rather expensive fees supported the program, I have to believe that is still the case.
[size=78%]
[/size]
Take away the endowment and the golf course and the AD is in a world of hurt. Real truth in that founding observation that the land would provide for the long-term viability of the university (and now the AD).
Just hope the value of the assets can keep pace with the rapidly increasing football gate at other institutions.