mdn82 Posted February 20, 2019 Posted February 20, 2019 Not 145 million. The Indiana has consistently been one of very few schools who make profit. Sent from my iPhone using BtownBanners mobile appHow much profit? It should be an easy question if we know that? I personally don’t. Sent from my iPhone using BtownBanners mobile app Quote
Walking Boot of Doom Posted February 20, 2019 Posted February 20, 2019 Not sure where $145 million, nor the concept of a profit came from. http://sports.usatoday.com/ncaa/finances/ Our AD operates at $106 million in expenses with $106 million in revenue. They received a $2.5 million allocation from the school, which is why they are in the black. So.... yeah. thebigweave and mdn82 2 Quote
mdn82 Posted February 21, 2019 Posted February 21, 2019 Not sure where $145 million, nor the concept of a profit came from. http://sports.usatoday.com/ncaa/finances/ Our AD operates at $106 million in expenses with $106 million in revenue. They received a $2.5 million allocation from the school, which is why they are in the black. So.... yeah.Guessing I don’t get an answer to my question. Sent from my iPhone using BtownBanners mobile app thebigweave 1 Quote
Alford Bailey Posted February 21, 2019 Posted February 21, 2019 Are there any sports that have excelled under Glass? MBB and football have struggled. Baseball has been up and down. Soccer is competitive. WBB and volleyball lag behind others in the conference. Quote
southsidehoosier Posted February 21, 2019 Posted February 21, 2019 Are there any sports that have excelled under Glass? MBB and football have struggled. Baseball has been up and down. Soccer is competitive. WBB and volleyball lag behind others in the conference.Swimming has done well. So has XC and T&FSent from my iPhone using BtownBanners mobile app Josh and Alford Bailey 2 Quote
LIHoosier Posted February 21, 2019 Posted February 21, 2019 1 hour ago, Walking Boot of Doom said: Not sure where $145 million, nor the concept of a profit came from. http://sports.usatoday.com/ncaa/finances/ Our AD operates at $106 million in expenses with $106 million in revenue. They received a $2.5 million allocation from the school, which is why they are in the black. So.... yeah. Released 2 weeks ago https://www.indystar.com/story/sports/college/indiana/2019/02/08/indiana-university-athletics-report-record-revenues-expenses-2018/2815129002/ 'In total, IU’s athletic department reported $122,933,136 in revenues and $116,277,652 in expenses last year'...'The $6,655,484 net profit is IU’s largest in terms of hard dollars (though not when adjusted for inflation) since the NCAA began distributing these reports more than 10 years ago.' Joe DeLow and mdn82 2 Quote
mdn82 Posted February 21, 2019 Posted February 21, 2019 Released 2 weeks ago https://www.indystar.com/story/sports/college/indiana/2019/02/08/indiana-university-athletics-report-record-revenues-expenses-2018/2815129002/ 'In total, IU’s athletic department reported $122,933,136 in revenues and $116,277,652 in expenses last year'...'The $6,655,484 net profit is IU’s largest in terms of hard dollars (though not when adjusted for inflation) since the NCAA began distributing these reports more than 10 years ago.'Revenue has doubled under Glass. Sent from my iPhone using BtownBanners mobile app thebigweave 1 Quote
LIHoosier Posted February 21, 2019 Posted February 21, 2019 19 minutes ago, mdn82 said: Revenue has doubled under Glass. Sent from my iPhone using BtownBanners mobile app B1G TV payouts have doubled in the last 5 years($25 mn to $52 mn) along with FBS Bowl monies (guaranteed $2 mn to $4 mn). Iugradman 1 Quote
mdn82 Posted February 21, 2019 Posted February 21, 2019 B1G TV payouts have doubled in the last 5 years($25 mn to $52 mn) along with FBS Bowl monies (guaranteed $2 mn to $4 mn). Yep. I knew that was something they were waiting on to pay coaches more. They spoke about that at an alumni event a few years back. I am pretty sure we split bowl revenue or we used to if we went. More than the 2-4 you posted. Not sure if that changed. That’s how I knew he didn’t know. We have historically been in the red. That’s why when Glass came on he took over the donation campaign they were running and really did a good job for improvements throughout the athletic department. We just didn’t have that before. Sent from my iPhone using BtownBanners mobile app thebigweave 1 Quote
mdn82 Posted February 21, 2019 Posted February 21, 2019 It’s not much. But the last I looked(which has been a few years), there were less than 30 D1 schools making a profit in athletics. Sent from my iPhone using BtownBanners mobile appExactly. We weren’t one of them Joe. Until recently. We had to use money from the school which McRobbie did not like. Depending on the various schools and their BOT or however they govern their collective schools determines a lot. Obviously football schools generated more money not including donations. Guessing your most profitable schools are some order of OSU, UM, and Texas. That is changing with the networks. That’s a real good thing. Sent from my iPhone using BtownBanners mobile app Quote
Walking Boot of Doom Posted February 21, 2019 Posted February 21, 2019 Released 2 weeks ago https://www.indystar.com/story/sports/college/indiana/2019/02/08/indiana-university-athletics-report-record-revenues-expenses-2018/2815129002/ 'In total, IU’s athletic department reported $122,933,136 in revenues and $116,277,652 in expenses last year'...'The $6,655,484 net profit is IU’s largest in terms of hard dollars (though not when adjusted for inflation) since the NCAA began distributing these reports more than 10 years ago.'Thanks! I looked for the overall NCAA report and didn’t search for the Indiana specific one. That’s a tidy 20%ish growth in revenue YoY with only a 10%ish increase in expenses. Nice. Sent from my iPhone using BtownBanners mobile app Quote
LIHoosier Posted February 21, 2019 Posted February 21, 2019 5 minutes ago, Walking Boot of Doom said: Thanks! I looked for the overall NCAA report and didn’t search for the Indiana specific one. That’s a tidy 20%ish growth in revenue YoY with only a 10%ish increase in expenses. Nice. Sent from my iPhone using BtownBanners mobile app https://awfulannouncing.com/ncaa/big-ten-tv-revenue-distribution-reaches-an-insane-51-million-per-school.html Big Ten payouts went from $36.3 mn in 2017 to $51.1 mn in 2018 with the new TV deal. Cool Dad's back shouldn't get patted for that. Iugradman, Walking Boot of Doom and Alford Bailey 3 Quote
southsidehoosier Posted February 21, 2019 Posted February 21, 2019 Sent from my iPhone using BtownBanners mobile app bigrod, VO5, theriverpilot and 3 others 4 2 Quote
VO5 Posted February 21, 2019 Posted February 21, 2019 1 hour ago, southsidehoosier said: Sent from my iPhone using BtownBanners mobile app Whether or not people agree, I’m seeing more and more of this outside of forum settings. Glass’s days are numbered HoosierTrav, southernindianahoosier2 and Alford Bailey 3 Quote
bigrod Posted February 21, 2019 Posted February 21, 2019 Did you see the comments? Can't post it here, but one said: "Ironic how we can't say F*** you to Purdue basketball, yet OUR OWN AD is allowed to say F*** You to IU basketball. Josh, Str8Hoosiers, Iugradman and 2 others 2 1 2 Quote
finky Posted February 21, 2019 Posted February 21, 2019 20 hours ago, mdn82 said: How much does it cost to run all of the sports we are in? From maintenance, updates, scholarships, housing, and stipends? Just curious. Sent from my iPhone using BtownBanners mobile app They usually show about a $2M profit. They adjust expenses according to revenue... They could get away with probably 90-95 Million if they wanted to. I don't see any issues with how the finances are run, my point is and has always been. Anybody that says hands are tied or they aren't being given what they need, that is just not the case at all. My understanding is that many of the non money making sports get access to rented planes for recruiting trips at times. Which is fine and dandy because IU (Big Ten ) has the money...if for some odd reason we had to make major cuts, we have many major cuts that we could make and still operate like most other major college programs. Quote
finky Posted February 21, 2019 Posted February 21, 2019 17 hours ago, mdn82 said: Guessing I don’t get an answer to my question. Sent from my iPhone using BtownBanners mobile app I get it by sending a freedom of information request to https://treasurer.iu.edu. I tend not to trust USA Today and the Indy Star who use the non audited bullet point memo put together for "Press purposes". Joe DeLow 1 Quote
southernindianahoosier2 Posted February 21, 2019 Author Posted February 21, 2019 2 hours ago, VO5 said: Whether or not people agree, I’m seeing more and more of this outside of forum settings. Glass’s days are numbered Seeing it on twitter, hearing it on JMV, and even my friends are starting to speak up via text. Once people hear 7 missed tournaments in 11 years he becomes hard to defend. Who is responsible for the hiring and firing of the AD? is it the board of trustees, or McRobbie? and when would a move be made (if a move were to be made)? Quote
mdn82 Posted February 21, 2019 Posted February 21, 2019 I get it by sending a freedom of information request to https://treasurer.iu.edu. I tend not to trust USA Today and the Indy Star who use the non audited bullet point memo put together for "Press purposes".Honestly that wasn’t at you. I appreciate your response honestly. It’s a good discussion point. On the flip side we should really request this annually to post and discuss. Sent from my iPhone using BtownBanners mobile app finky and Joe DeLow 2 Quote
southernindianahoosier2 Posted March 14, 2019 Author Posted March 14, 2019 Needed to vent since we're down 20. I hope we still win, but doesn't look promising. Glass needs to go. 7 missed tournaments in 11 years under his watch. Here is a list of all the things he's done wrong (all are my opinion, and are not in any order) 1. The Crean extension. This was so bad considering he gave FCTC the extension AFTER B. Stevens had just been to 2 consecutive NC runs. 2. The failure to Fire Crean in 2014 when it was apparent he wasn't the right fit. 3. The fact he resigned with Adidas. 4. The handling of Kevin Wilson and the Tom Allen Hire. 5. his 200 page manifesto in which he now designs the mens basketball uniforms 6. His total rebuild comments. Alford Bailey, Candy Stripes, Iugradman and 2 others 5 Quote
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