Last updated on 03/23/2015
Video now up: Of course they are – but for whom?
I made a pitch for the 3% tax, and talked a little bit about things like FHS 199. It was a good discussion, with some very interesting questions from the Portland City Club members:
I’ll be on a panel at the Portland City Club tomorrow, discussing this with Jordan Kent and Michael Oriard, moderated by Ryan White. Hank Stern of GoLocalPDX has a post up:
And give City Club credit for what promises to be an intriguing panel of former Ducks football and basketball player Jordan Kent, now an analyst at Comcast Sportsnet NW; University of Oregon economics professor Bill Harbaugh of the watchdog UO Matters blog; and retired Oregon State University professor of American literature and culture Michael Oriard, who played football at Notre Dame and in the NFL for the Kansas City Chiefs.
The headline says it all: Universities Lose Millions For A Shot At The NCAA Tournament Title
The whole thing is an annoying read, ’cause you know it’s probably true even without a tournament run…
Linky
I recommend the video to anyone even casually interested. each panelist adds something unique to the discussion. Toward the end we hear a suggestion that universities adopt the notre dame system of budgeting, where all athletic revenues go to the university, and then athletics is given a budget, as is done with the academic colleges. worthy of some day dreaming, in any event. Of course, things could always get worse, I suppose.
this can work more easily in the case of ND as they have an enormous revenue stream.
Actually, Notre Dame’s athletics expenses (for 2013-14) were just $97M, while the Ducks spent $110M.
That’s from the official EADA reports.
ND: http://grfx.cstv.com/photos/schools/nd/genrel/auto_pdf/2014-15/misc_non_event/13-14-eada-report.pdf
UO: http://www.goducks.com/fls/500/pages/athlfin/NCAA-EADA-2014.pdf?DB_OEM_ID=500
ND athletic revenue was higher than UO’s – but Rob Mullens managed to spend all the UO revenue on Duck coaches, etc.
While I may stand corrected I was talking about REVENUE and
not Expenses, as you note. But what is the dollar difference in
revenue between ND and UO.?
Check the links. Not much – $114.8 million (page 10) vs. $107.5 million (page 10).
thanks
I guess I am somewhat surprised by that and this indicates that ND athletics is keeping 90% of their revenue – so a 10% tax, which
is certainly a reasonable idea.
I might be wrong but 10 percent is often the usual rate in religious settings… and with college sports plus ND…
Comment of the year.
http://www.ibj.com/blogs/4-the-score/post/45498-notre-dame-no-2-in-ranking-of-football-riches-iu-tops-purdue
the above football team valuations seem interesting. In this case
ND seems to be worth 2.5 times UO
In 2011-12 ESPN reports a net profit for ND football of 44 million
http://espn.go.com/blog/notre-dame-football/post/_/id/12467/irish-no-8-in-football-revenue
and of course there is the ND under armour deal
http://www.foxsports.com/college-football/story/what-richest-apparel-deal-in-ncaa-history-means-for-notre-dame-ua-012114
https://drakegroupblog.files.wordpress.com/2013/01/splitt_good_for_america.pdf
is worth reading on this issue.
Ha, that is an imposter.
Who is this Dr. William Harbough that is cited in the caption …?
Seemed best to use an alias
this was a really informative, captivating discussion. thanks for sharing, and for everything else.
Agreed. What a great discussion.
As to the cost of Athletics I think we should at some point find out how much PERS is impacted by the ridiculous retirement benefits these athletic employees are or will be getting. There should be serious legislation to exclude Athletics staff from receiving PERS benefits. Referring to an Athletics staff member as a public employee providing a public service is an enormous insult to those who actually serve the public.
Unfortunately, it will not happen, or they would have to reconsider all tax-deductions for “season tickets” and other donations that are granted as “public benefit”. It would be great but I doubt any politician would want to open the can of worms…
It wouldn’t be political suicide if running under the banner of how Bellotti is a half millionaire every year that he just breathes.
Why are we wasting even another minute fundraising for the athletic department? They seem to be doing ok, while the academic side is universally agreed to be hurting. Why isn’t every ounce of our fundraising energy being used to help the academic mission? The answer seems to be that athletics can’t even support athletics at UO. Makes sense I guess, just ask the wrestling team.
Clearly the success of the F-ball and B-ball teams isn’t helping our academic fundraising efforts. Has UO received a multi-million dollar gift since the Ballmer mega gift?
Because in fundraising all that matters is the bottom line, not where it goes. If they say they want to raise a billion dollars they are counting on athletics to bring in half of it. This could be fixed by the president and Andreason by separating the two and approaching athletics fundraising differently than they do. As it is, athletics and academic fundraising are almost in competition with each other and there is no cooperation between the two. Athletics offers great perks to their donors and athletic fundraising is fundamentally different than raising funds for academics.
In this season of high profile “collegiate” activity, it’s worth noting that academics are not the story.
Indeed, that has been noted…
linky