IU Basketball News and Notes

[str8baller]

I’m just assume this guy hates IU fans releasing this info today. Those would obviously be last years numbers, but really quite ridiculous on IU’s part.  
 

Even if you want to say Duke and BYU are not here and would be ahead of us, our AD is making a top 5 in the country spend on this program.  My guess is that with the attention on football this number comes down and probably deservedly so. 

[Pagoda]

26 minutes ago, str8baller said:

I’m just assume this guy hates IU fans releasing this info today. Those would obviously be last years numbers, but really quite ridiculous on IU’s part.  
 

Even if you want to say Duke and BYU are not here and would be ahead of us, our AD is making a top 5 in the country spend on this program.  My guess is that with the attention on football this number comes down and probably deservedly so. 

No question we spend a lot, but it looks like there are differences in accounting and reporting (such as classifying certain expenses to bball or one-time expenses).

For example, our bball operating expenses are not 50% higher than UK.  Or MSU.   

But, the point stands.  I’m pretty sure our normalized operating budget (excluding players) is top-10 and we obviously get a crap ROI.  Same for our spend on players (which is around #15 or whatever in the country).

Anyways, I’m not trying to be pedantic I just think there is more to these numbers than this dude on twitter is able to present.

[str8baller]

3 minutes ago, Pagoda said:

but it looks like there are differences in accounting and reporting (such as classifying certain expenses to bball or one-time expenses).

Yea, I figured that was the case because it always is with this type of thing. I’d like to see it spread over 5 years to try and normalize it a bit, but otherwise there isn’t much of a way to get better numbers than FOI’ing them all.  Maybe Woodys buyout is in there or something for this past revenue year?
 

That’s why I just said top 5. Or even make it top 10. At the very least if I’m some of the other non revenue sports, or more importantly a donor that cares about them, you have to cringe at the amount we currently spend on basketball. 

[IUCrazy2]

37 minutes ago, str8baller said:

I’m just assume this guy hates IU fans releasing this info today. Those would obviously be last years numbers, but really quite ridiculous on IU’s part.  
 

Even if you want to say Duke and BYU are not here and would be ahead of us, our AD is making a top 5 in the country spend on this program.  My guess is that with the attention on football this number comes down and probably deservedly so. 

Financial malfeasance.  $9 million more than the next highest and we can't even limp into the tournament.  What a f'ing joke.  A

[jermhoosierfan]

1 hour ago, Home Jersey said:

I honestly don't even think it was because QB wasn't convinced Dusty would be a good coach.

I think QB helped install his buddy Woody and when the prospect of him being removed came up, he threw his weight around to defend his pal. IUBB was not even a real consideration. 

Archie got 4, so Mike got 4.

That was probably the main reason after reading the 1000+ pages of that thread for several months, but that reasoning about Dusty still gets under my skin.

[Uspshoosier]

 

[Asha’man]

Thad Matta retiring

[Class of '66 Old Fart]

30 minutes ago, Asha’man said:

Thad Matta retiring

Brad Stevens is coming home!!

[Pagoda]

1 hour ago, str8baller said:

Yea, I figured that was the case because it always is with this type of thing. I’d like to see it spread over 5 years to try and normalize it a bit, but otherwise there isn’t much of a way to get better numbers than FOI’ing them all.  Maybe Woodys buyout is in there or something for this past revenue year?
 

That’s why I just said top 5. Or even make it top 10. At the very least if I’m some of the other non revenue sports, or more importantly a donor that cares about them, you have to cringe at the amount we currently spend on basketball. 

Yea, it's always messy with this stuff.  Even looking something as basic as athletic dept revenue gets tricky because sometimes one-time loans from IU are in there and large donations can be recognized over time etc.

As for why IUBB's opex is so high, it could be Woody's buyout like you said -- we paid that five days after he left.  Or it could be how IU allocates athletic dept overhead, my money would be on this being part of it.  I have no way of knowing, but something is up.  Obviously, you can do a lot with accounting...

But yea, the end result is spend to results that makes one cringe.

It's pretty stunning, I mean we changed out the whole program this past year -- players/staff/offensive-defensive styles.  Cost $6.5M to get rid of Woody, $6.3M to WVU for CDD, $10M for players, and our all new staff is large and expensive... yet the same result.  Insane.

 

[str8baller]

At least Lamar and Sam set some records while they were here

[Uspshoosier]

 

[str8baller]

25 minutes ago, Uspshoosier said:

 

I suppose it would’ve been too much to ask Rabjohns to do actual reporting and relay a yearly average to us. 

 

 

[Asha’man]

13 minutes ago, str8baller said:

I suppose it would’ve been too much to ask Rabjohns to do actual reporting and relay a yearly average to us. 

 

 

Subtract the buyouts and you’ll have your answer

[str8baller]

31 minutes ago, Asha’man said:

Subtract the buyouts and you’ll have your answer

That’s an insane way of looking at it…lol.   I’m guessing Tabjohns is counting on his readers being that gullible, though. 
 

As I said in my reply earlier, I can see trying to smooth that out over 3-5 yrs to sort of “amortize” the buyout number. That would be more accurate. But you can’t just throw out actual expenses because you don’t like them.  
 

At this point you can’t even claim they are “one time expenses” because if you go backwards you’ll find Devries buyout, Woodys’, both of Archie’s and Creans all over about a decade. To that point though, if you look at other programs over a 3-5yr period you’d have to factor in Popes buyout for UK or Sean Millers for UT.  
 

Or like I suggested, Rabjohns could’ve just asked for a yearly average from whomever asked him to put out the tweet. 

[Asha’man]

3 minutes ago, str8baller said:

That’s an insane way of looking at it…lol.   I’m guessing Tabjohns is counting on his readers being that gullible, though. 
 

As I said in my reply earlier, I can see trying to smooth that out over 3-5 yrs to sort of “amortize” the buyout number. That would be more accurate. But you can’t just throw out actual expenses because you don’t like them.  
 

At this point you can’t even claim they are “one time expenses” because if you go backwards you’ll find Devries buyout, Woodys’, both of Archie’s and Creans all over about a decade. To that point though, if you look at other programs over a 3-5yr period you’d have to factor in Popes buyout for UK or Sean Millers for UT.  
 

Or like I suggested, Rabjohns could’ve just asked for a yearly average from whomever asked him to put out the tweet. 

Or he doesn’t care. I don’t care how much they spend. Just get the job done. People are going to complain no matter what. I’m more about them fixing the issues than how much money from other people they spent. 

[str8baller]

9 minutes ago, Asha’man said:

Or he doesn’t care.

Quite obviously. I appreciate him taking time out of his valuable day to tweet about it, nonetheless. 

[str8baller]

Thankfully someone was there to help Rabjohns out. However you want to spread the buyout money out determines if IU is first or like 3rd on the list.  
 

I’m sure people think it doesn’t matter, but money is finite. Devries tried to poach a couple high profile assistants and couldn’t outbid their current schools. The budget numbers matter in that context and in other ways too.  The flip side is football where the expanding bottom line allowed them to not only keep Cig but two very highly paid coordinators. 

[Hoosierinbham]

1 hour ago, str8baller said:

Thankfully someone was there to help Rabjohns out. However you want to spread the buyout money out determines if IU is first or like 3rd on the list.  
 

I’m sure people think it doesn’t matter, but money is finite. Devries tried to poach a couple high profile assistants and couldn’t outbid their current schools. The budget numbers matter in that context and in other ways too.  The flip side is football where the expanding bottom line allowed them to not only keep Cig but two very highly paid coordinators. 

That’s an interesting point about failing to outbid schools for their top assistants. I wonder if any buyouts made it cost prohibitive for us to match?  

I love that he tried to grab the Bama and Tex Tech assistants. They almost certainly would’ve improved our roster and game prep this season. He swung for the fences and missed. At least we know he values coaches as much, if not more, than individual recruits. Very Cig-like philosophy.

[JF87]

6 hours ago, Uspshoosier said:

 

Don't forget to add in Woody's golfing, I mean recruiting trips for him and his buddies.  Nothing but first class for the King and his friends. 

[RaceToTheTop]

9 minutes ago, JF87 said:

Don't forget to add in Woody's golfing, I mean recruiting trips for him and his buddies.  Nothing but first class for the King and his friends. 

And the cost of cigars.