(08-11-2023, 12:15 PM)msqueri Wrote: Monetarily, my understanding is an outsider's one based on Google searches and others may know better. I believe Stanford typically generates about $130-140 million in athletic department revenue. I doubt it turns much, if any, of a profit and am under the impression the idea is for it to sustain itself, not be relevant in terms of the overall university annual budget. I doubt very many programs turn a net profit and assume football is by far the largest. In the past I've heard net football profit numbers in the teen millions. I assume that's pretty variable based on how good the football team is.
the 2021-22 Athletics annual report is here
https://gostanford.com/documents/2022/11..._FINAL.pdf
page four shows $134m in revenue and $146m in expenses
FY22 FINANCES The Department of Athletics, Physical Education and Recreation (“DAPER”) earned $134.1M in revenues throughout FY22, while incurring $145.6M in expenses related to varsity sports. DAPER was able to bridge the deficit through one-time relief mechanisms including a withdrawal from the Daper Investment Fund, and increased funding from the University. As the expenses required to compete nationally rise steadily, DAPER must continue to allocate resources strategically, while maximizing new and existing revenue streams to ensure that Cardinal student-athletes receive a student-athlete experience which allows them to pursue their fullest academic and athletic potentials.
revenue
PHILANTHROPIC REVENUES
A) ENDOWMENT PAYOUTS $37.77 M
B) BUCK/CARDINAL CLUB GIFTS $9.90 M
C) EXPENDABLE GIFTS $2.46 M
OTHER REVENUES
D) BROADCAST $27.82 M
E) NCAA / PAC-12 $11.45 M
F) UNIV. SUPPORT FOR COMBINED VARSITY & RECREATION SERVICES $11.45 M
G) UNIV. SUPPORT FOR VARSITY SPORTS $10.00 M
H) FOOTBALL GATE $8.48 M
I) CORPORATE PARTNERSHIPS $6.66 M
J) MISCELLANEOUS REVENUE $3.22 M
K) OTHER GATE $3.11 M
L) GOLF COURSE NET REVENUE $913 K
expenses
OPERATING EXPENSES
A) SPORT OPERATING BUDGETS $18.88 M
B) FACILITIES & OPERATIONS $18.15 M
C) ADMINISTRATION* $6.81 M (*Includes HR, legal, taxes, accounting, etc.)
D) STUDENT-ATHLETE PERFORMANCE SERVICES $3.74 M
E) EXTERNAL RELATIONS $2.11 M
OTHER EXPENSES
F) COACH COMPENSATION $39.50 M
G) SCHOLARSHIPS $30.51 M
H) STAFF COMPENSATION $25.90 M
some comments on expenses,
I think there are ~385 full time equivalent scholarships so the cost for those is ~$80k each ($30.5m/385).
looking at the AD directory there are about 110 people listed as coaches (some more than once so I did not double count them, some are not listed as coaches (e.g., director of Men's water polo) so I added those back in). Coaching comp was $39.5m so the average is $360m, if I back out say $15m for football and $3m for men's basketball and $2m for women's basketball I get an average of ~$210k/coach
Staff compensation (I'm assuming non-coaching staff) is $25.9m, eyeballing the staff directory (not willing to count the non-coaching staff), I'd conservatively SWAG there are ~250 people so average comp of ~$100k
Not sure what sports operating budgets includes but I'd assume things like travel and consumables for the teams
some comments on revenue
endowment payout of almost $38m, if a 5% payout implies the endowment is ~$760m. I'm guessing few schools have this revenue line item
TV $27.8m which we have talked to death here
NCAA/Pac-12 $11.45m I assume this includes things like the NCAA tournament payouts
Football gate is ~75% of total gate ($8.58m football, $3.11m all others), given how few sports charge for tickers I'm surprised it is only ~75%
Eric
"the older we get the better we were"