aubiefifty 16,755 Posted January 27, 2018 Share Posted January 27, 2018 Auburn athletics reports program-record $147.5 million revenue Updated Jan 26, 10:26 AM; Posted Jan 26, 10:26 AM Auburn athletic director Jay Jacobs talks with head coach Gus Malzahn before the LSU game Saturday, Oct. 14, 2017, at Tiger Stadium in Baton Rouge, La. (Julie Bennett/jbennett@al.com) 218 shares By James Crepea jcrepea@al.com Auburn athletics reported a more than $14.6 million profit thanks to program-record revenues of over $147.5 million for the 2017 fiscal year, according to the school's NCAA financial report. It is the third straight year Auburn reported a profit on its NCAA financial report, which was released Friday and lists Auburn with generating $147,511,034 in total revenue and $132,885,979 in total expenses for a profit of $14,625,055. Auburn Athletic Finances YearTotal RevenueTotal ExpensesSurplus/Deficit 2017$147,511,034$132,885,979$14,625,055 2016$140,070,593$124,864,399$15,206,194 2015$124,657,247$115,498,047$9,159,200 2014$113,716,004$127,340,380$(13,624,376) 2013$103,680,609$104,546,603$(865,994) 2012$105,951,253$97,128,835$8,822,418 2011$103,982,441$100,497,784$3,484,657 2010$92,611,558$90,908,902$1,702,656 2009$87,001,413$85,480,343$1,521,070 2008$89,311,824$69,841,200$19,470,624 2007$81,799,266$68,910,465$12,888,801 2006$66,599,925$63,249,119$3,350,806 Auburn saw increases in ticket sales (from $32,165,386 to $32,991,096), media rights ($33,967,851 to $40,858,729) and other areas. However, contributions fell for the second straight year from $35,570,146 to $35,287,043. Among the expense increases were student aid ($15,559,381 to $15,892,927), coaching salaries ($22,553,348 to $24,620,155) and support staff and administration compensation ($23,077,255 to $25,377,218). Ticket sales increased for football ($29,827,136 to $30,455,321) and men's basketball ($1,538,608 to $1,631,123). Contributions were virtually the same for football ($28,888,185 compared to $28,899,968) and increased slightly in men's basketball ($2,757,456 from $2,598,514). In coaching salaries, Auburn reported total compensation and benefit to Gus Malzahn of $5,382,697, down slightly from $5,536,958, while the total compensation for the football coaching staff increased slightly from $6,728,710 to $6,834,124. Bruce Pearl's total compensation increased from $2,607,076 to $2,703,205 and the men's basketball coaching staff's compensation increased from $768,144 to $876,517. Recruiting expenses increased for football ($1,040,148 to $1,076,050) but decreased in men's basketball ($207,229 from $263,521). James Crepea is an Auburn beat reporter for Alabama Media Group. Follow him on Twitter @JamesCrepea. Link to comment Share on other sites More sharing options...
AUTigerTime 186 Posted January 29, 2018 Share Posted January 29, 2018 In the last 10 years our revenue has increased roughly $58M/year. Where the hell is that extra money going? I could see maybe an extra $20M due to rises in coaches/administration salaries, but nearly $60M in added expenses per year? Link to comment Share on other sites More sharing options...
doc4aday 1,887 Posted January 29, 2018 Share Posted January 29, 2018 Need to set aside as much as possible to build a football only complex. This is sorely needed and will be the best game changer and investment that can be done to level the playing field against the turds, Clemson, and so forth. If I am wrong with my estimate, please correct. I am fairly sure that a football only complex is in the $25,000,000 -$30,000,000 range. I hope that Gus will be persistent and will press the AD to get this done. Link to comment Share on other sites More sharing options...
PowerOfDixieland 3,226 Posted January 30, 2018 Share Posted January 30, 2018 4 hours ago, doc4aday said: If I am wrong with my estimate, please correct. I am fairly sure that a football only complex is in the $25,000,000 -$30,000,000 range. I hope that Gus will be persistent and will press the AD to get this done. The doctor is not wrong.... "The Auburn University Board of Trustees was provided a document with a preliminary budget of $30 million in 2018. Jacobs clarified and said he hopes to have a plan in place 'within the next five years.'" That number was provided roughly three years ago. Link to comment Share on other sites More sharing options...
doc4aday 1,887 Posted January 30, 2018 Share Posted January 30, 2018 2 minutes ago, PowerOfDixieland said: The doctor is not wrong.... "The Auburn University Board of Trustees was provided a document with a preliminary budget of $30 million in 2018. Jacobs clarified and said he hopes to have a plan in place 'within the next five years.'" That number was provided roughly three years ago. We have 2 years to get it done! Got to happen sooner than later. I hope that this is AD Greene's 1st order of business. Is there any plan in place to get this baby off of the ground? Link to comment Share on other sites More sharing options...
PowerOfDixieland 3,226 Posted January 30, 2018 Share Posted January 30, 2018 14 minutes ago, doc4aday said: We have 2 years to get it done! Got to happen sooner than later. I hope that this is AD Greene's 1st order of business. Is there any plan in place to get this baby off of the ground? I think the consensus was that all major spending had been put on hold until Jacobs was gone and that the FO building would likely be at the top of the list of things that would happen once Greene gets his feet on the ground and finishes his self imposed "listening" phase. Link to comment Share on other sites More sharing options...
aucanucktiger 1,791 Posted January 30, 2018 Share Posted January 30, 2018 Jacobs: 11 national titles and 24 SEC championships in his 13 years and record revenue the year he leaves? What a bum. Link to comment Share on other sites More sharing options...
WarDamnEagleWDE 12,737 Posted January 30, 2018 Share Posted January 30, 2018 26 minutes ago, aucanucktiger said: Jacobs: 11 national titles and 24 SEC championships in his 13 years and record revenue the year he leaves? What a bum. People forget how many year(S) AU athletics operated in the RED. Year(S). SEC Network was huge for AU. And Jay was stripped of his financial powers a while back. Link to comment Share on other sites More sharing options...
bigbird 60,493 Posted January 30, 2018 Share Posted January 30, 2018 26 minutes ago, aucanucktiger said: Jacobs: 11 national titles and 24 SEC championships in his 13 years and record revenue the year he leaves? What a bum. Infinite financial...umm, "mishandlings", multiple incestuous back room dealings, many bad hires, running off of Marsh...yep, you're right...a bum. Link to comment Share on other sites More sharing options...
WarDamnEagleWDE 12,737 Posted January 30, 2018 Share Posted January 30, 2018 2 minutes ago, bigbird said: Infinite financial...umm, "mishandlings", multiple incestuous back room dealings, many bad hires, running off of Marsh...yep, you're right...a bum. I love the new AD. Think Greene was a home-run hire for many reasons. BUT, a lot of the people we looked at declined the job because of how big on a mess the AD at AU is in. Financially, even with the HUGE revenues, and internally. Greene has a lot of work to do. Facilities wise we are in the hole, for starters, 1/2 a Billion. That is just for starters. JHS needs that amount alone to be in the top of the SEC as far as stadiums. Link to comment Share on other sites More sharing options...
corchjay 5,311 Posted January 30, 2018 Share Posted January 30, 2018 3 words. TICKETS TO HIGH Link to comment Share on other sites More sharing options...
Zeek 16,649 Posted January 30, 2018 Share Posted January 30, 2018 16 hours ago, PowerOfDixieland said: The doctor is not wrong.... "The Auburn University Board of Trustees was provided a document with a preliminary budget of $30 million in 2018. Jacobs clarified and said he hopes to have a plan in place 'within the next five years.'" That number was provided roughly three years ago. Within five years...what a sense of urgency there Jacobs Link to comment Share on other sites More sharing options...
WarDamnEagleWDE 12,737 Posted January 30, 2018 Share Posted January 30, 2018 4 hours ago, corchjay said: 3 words. TICKETS TO HIGH Agree. Link to comment Share on other sites More sharing options...
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