Badgers going for broke

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fmlizard

fmlizard

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www.espn.com

Alvarez: Wisconsin to lose $100M if no football

In a letter to fans, Wisconsin athletic director Barry Alvarez wrote that the program faces "a great financial challenge" with the possibility the upcoming football season will be canceled.
www.espn.com www.espn.com

Could lose $100M this year if no football. The economics are likely just as bleak for the U, if not a little worse.

Does the U athletic department have a similar reserve fund like the article talks about? Says Wisconsin has $180M. Seems like this would be the terribly rainy day to use something like that for, or even dig into endowment funds.
 
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fmlizard said:
www.espn.com

Alvarez: Wisconsin to lose $100M if no football

In a letter to fans, Wisconsin athletic director Barry Alvarez wrote that the program faces "a great financial challenge" with the possibility the upcoming football season will be canceled.
www.espn.com www.espn.com

Could lose $100M this year if no football. The economics are likely just as bleak for the U, if not a little worse. But it's still pleasing to read an article about doom and gloom in Madison.

Does the U athletic department have a similar reserve fund like the article talks about? Says Wisconsin has $180M. Seems like this would be the terribly rainy day to use something like that for, or even dig into endowment funds.
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Do you actually take joy in the suffering of others ? This is a college wide issue that will cost so many young people the chance to pursue their dreams.
 

fmlizard said:
www.espn.com

Alvarez: Wisconsin to lose $100M if no football

In a letter to fans, Wisconsin athletic director Barry Alvarez wrote that the program faces "a great financial challenge" with the possibility the upcoming football season will be canceled.
www.espn.com www.espn.com

Could lose $100M this year if no football. The economics are likely just as bleak for the U, if not a little worse. But it's still pleasing to read an article about doom and gloom in Madison.

Does the U athletic department have a similar reserve fund like the article talks about? Says Wisconsin has $180M. Seems like this would be the terribly rainy day to use something like that for, or even dig into endowment funds.
Click to expand...
I doubt we have a reserve, as we're trying to pay of debt from the "Villages at Dinky Town". IMO, lots of gymnastics teams have had their last dance.
 

Might as well just get rid of all of the non-revenue sports and focus on football, basketball and hockey, going forward. I have no doubt this will sink several football programs.
 

Never like to hear about another school's issues like this. We're kind of in the same situation.
 


fmlizard said:
Could lose $100M this year if no football. The economics are likely just as bleak for the U, if not a little worse. But it's still pleasing to read an article about doom and gloom in Madison.
Click to expand...

Wisconsin's AD revenues are 20% higher than ours. If you think this will hurt them, what do you think it will do to Minnesota? And they have a rainy day fund and we don't. But keep cheering, moron.
 

GhostofBronko said:
Wisconsin's AD revenues are 20% higher than ours. If you think this will hurt them, what do you think it will do to Minnesota? And they have a rainy day fund and we don't. But keep cheering, moron.
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I was clear that we're going to have similar struggles. It's going to suck all over if things don't change. At least it's not just us going through it. Based on some early political and social trends, I feared Wisconsin would play and Minnesota would not. That appears off the table.

It seems to always be a steady drumbeat of good news out of Madison for 20+ years now, so it was new to hear otherwise. But I did drop the line about our schadenfreude. I agree that was a bit much.
 

It says their expenses are 40 million per year. If they have 190 million in reserve, they are in a much better position then most to ride this out.
 

Where are some of you getting these numbers?

Here are the revenues and expenses of Minnesota and Wisconsin, for the fiscal years shown according to reports they have to submit each year to the NCAA:

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Explanation of the terms here: https://sports.usatoday.com/2020/07...19-ncaa-athletic-department-revenue-database/
 




This is a very superficial analysis. The B1G network is still collecting from the cable and satellite companies, so I would suspect that the teams will still get a major share of their TV revenue.
 


MaroonShaft said:
OP said nothing to indicate joy in suffering. You must have worms in your brain. Maybe find a badger board to F off to.
Click to expand...
Read again on the click to expand before his edit. States that it is pleasing to see doom and gloom.
 



alchemy2u said:
This is a very superficial analysis. The B1G network is still collecting from the cable and satellite companies, so I would suspect that the teams will still get a major share of their TV revenue.
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You're not wrong that the BTN is still collecting carriage fees from pay TV providers who put the BTN in the basic channel tier/package for subscribers in Big Ten states.

But that's simply operating revenue for the TV business. That's the not the main source of the $50M payment that the conference has been making to (most of) the schools the past couple years.

The main sources of revenue for that are the TV deals for the CFP playoff (ESPN) and for the Big Ten's first tier home game rights (FOX/ESPN split this package), and payouts from bowl games (particularly the Rose Bowl, when it isn't in the playoff).

Also recall that the BTN is only half owned by the conference, with FOX owning the other half I believe.
 

The BTN $ are now distributed equally so schools with larger stadia and more fans have a $ advantage if expenses are close to equal.
The wild car is what each school can extract from donors.
MN was always behind schools like WI with a larger and seemingly more loyal fan base..
 

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