Excuse this away

[AUght2win 6,836]

Someone take a look at this and explain to me how we're just a perpetual 8-5 program. Look at this money and steady program ascension and convince me we shouldn't demand more. Auburn has all the tools right now to win and win big. Consistently.  

https://www.al.com/auburn/2020/01/auburn-athletics-reports-more-than-13-million-profit-record-revenue-in-2019.html  

By Tom Green | tgreen@al.com
Auburn’s athletics department reported a record revenue and an increased profit to the NCAA for the 2018-19 fiscal year.

The department recorded more than $152.4 million in revenue and nearly $13.2 million in profit for the fiscal year, according to a copy of the university’s annual NCAA financial report obtained Thursday by AL.com through a Freedom of Information Act open-records request.

The total revenue for the fiscal year reported by Auburn was $152,455,416, which represents an increase of nearly $5 million year over year and the highest revenue total in program history. It’s the sixth straight year that Auburn has seen an increase in overall revenue in the athletics department, according to AL.com records.

That record revenue also helped the department turn an increased profit margin over the last year, with the program reporting $13,194,705 in profit for the 2018-19 fiscal year. That’s a year-over-year increase of more than $5.3 million. Auburn athletics reported a profit of more than $7.8 million during the previous fiscal year.

The nearly $13.2 million operating surplus is the department’s fourth-highest since 2006. It also represented the fifth straight year that Auburn’s athletics department turned a profit following a loss of $13.6 million during the 2013-14 fiscal year.

Year    Total revenue    Total expenses    Surplus/deficit
2018-19    $152,455,416    $139,260,711    $13,194,705
2017-18    $147,620,569    $139,798,191    $7,822,378
2016-17    $147,511,034    $132,885,979    $14,625,055
2015-16    $140,070,593    $124,864,399    $15,206,194
2014-15    $124,657,247    $115,498,047    $9,159,200
2013-14    $113,716,004    $127,340,380    $(13,624,376)
2012-13    $103,680,609    $104,546,603    $(865,994)
2011-12    $105,951,253    $97,128,835    $8,822,418
2010-11    $103,982,441    $100,497,784    $3,484,657
2009-10    $92,611,558    $90,908,902    $1,702,656
2008-09    $87,001,413    $85,480,343    $1,521,070
2007-08    $89,311,824    $69,841,200    $19,470,624
2006-07    $81,799,266    $68,910,465    $12,888,801
2005-06    $66,599,925    $63,249,119    $3,350,806

Auburn reported $31,925,504 in ticket sales over the last year, which was a decrease from the 2017-18 fiscal year, when the department collected $33,213,941 in ticket sales. It also collected $1,848,192 in direct institutional support, as well as $5,933,996 in student fees, the former a slight decrease and the latter a slight increase from the previous year.

The department also saw $35,173,363 in contributions, which was a decrease of more than $400,000 year over year. It collected $4,318,000 in guaranteed money accrued from participation in away games, which was a significant increase from the $44,000 it collected in that category the year prior.

Auburn also earned $40,147,569 in media rights, as well as $13,508,859 combined in NCAA and conference distributions (included bowl game revenue distributions). The program collected $9,667,679 in royalties, licensing and advertising for the 2018-19 fiscal year, as well as $6,204,662 in “other operating revenue.”

Among the department’s expenses for the last year were $4,125,450 in guaranteed money to visiting programs and $27,722,793 in coaching salaries, both of which represented a year-over-year increase of approximately $237,000 and $1.5 million, respectively. Auburn also saw its severance expenses -- money owed to past administration and coaches -- decrease from $2,932,576 during the 2017-18 fiscal year to just $284,873 in 2018-19.

The department spent $2,188,165 on recruiting, which represented an increase of approximately $100,000 year over year. The football team accounted for $955,898 of the department’s recruiting expenditures, which was down from $1,081,836 the year prior. Men’s basketball, meanwhile, saw its recruiting expenses increase from $79,837 in 2017-18 to $196,200 in 2018-19.

[WDE_OxPx_2010 5,297]

College World Series

Final Four

9-4 in football

 

I think that's how you get the highest profit year ever. Has nothing to do with football being a consistent winner.

[tigerchris 243]

Sign gusto to 10 yr. $100Mil NOW!

 

 

I can’t find a font yellow enough. 

[creed 1,635]

10 hours ago, AUght2win said:

Someone take a look at this and explain to me how we're just a perpetual 8-5 program. Look at this money and steady program ascension and convince me we shouldn't demand more. Auburn has all the tools right now to win and win big. Consistently.  

https://www.al.com/auburn/2020/01/auburn-athletics-reports-more-than-13-million-profit-record-revenue-in-2019.html  

By Tom Green | tgreen@al.com
Auburn’s athletics department reported a record revenue and an increased profit to the NCAA for the 2018-19 fiscal year.

The department recorded more than $152.4 million in revenue and nearly $13.2 million in profit for the fiscal year, according to a copy of the university’s annual NCAA financial report obtained Thursday by AL.com through a Freedom of Information Act open-records request.

The total revenue for the fiscal year reported by Auburn was $152,455,416, which represents an increase of nearly $5 million year over year and the highest revenue total in program history. It’s the sixth straight year that Auburn has seen an increase in overall revenue in the athletics department, according to AL.com records.

That record revenue also helped the department turn an increased profit margin over the last year, with the program reporting $13,194,705 in profit for the 2018-19 fiscal year. That’s a year-over-year increase of more than $5.3 million. Auburn athletics reported a profit of more than $7.8 million during the previous fiscal year.

The nearly $13.2 million operating surplus is the department’s fourth-highest since 2006. It also represented the fifth straight year that Auburn’s athletics department turned a profit following a loss of $13.6 million during the 2013-14 fiscal year.

Year    Total revenue    Total expenses    Surplus/deficit
2018-19    $152,455,416    $139,260,711    $13,194,705
2017-18    $147,620,569    $139,798,191    $7,822,378
2016-17    $147,511,034    $132,885,979    $14,625,055
2015-16    $140,070,593    $124,864,399    $15,206,194
2014-15    $124,657,247    $115,498,047    $9,159,200
2013-14    $113,716,004    $127,340,380    $(13,624,376)
2012-13    $103,680,609    $104,546,603    $(865,994)
2011-12    $105,951,253    $97,128,835    $8,822,418
2010-11    $103,982,441    $100,497,784    $3,484,657
2009-10    $92,611,558    $90,908,902    $1,702,656
2008-09    $87,001,413    $85,480,343    $1,521,070
2007-08    $89,311,824    $69,841,200    $19,470,624
2006-07    $81,799,266    $68,910,465    $12,888,801
2005-06    $66,599,925    $63,249,119    $3,350,806

Auburn reported $31,925,504 in ticket sales over the last year, which was a decrease from the 2017-18 fiscal year, when the department collected $33,213,941 in ticket sales. It also collected $1,848,192 in direct institutional support, as well as $5,933,996 in student fees, the former a slight decrease and the latter a slight increase from the previous year.

The department also saw $35,173,363 in contributions, which was a decrease of more than $400,000 year over year. It collected $4,318,000 in guaranteed money accrued from participation in away games, which was a significant increase from the $44,000 it collected in that category the year prior.

Auburn also earned $40,147,569 in media rights, as well as $13,508,859 combined in NCAA and conference distributions (included bowl game revenue distributions). The program collected $9,667,679 in royalties, licensing and advertising for the 2018-19 fiscal year, as well as $6,204,662 in “other operating revenue.”

Among the department’s expenses for the last year were $4,125,450 in guaranteed money to visiting programs and $27,722,793 in coaching salaries, both of which represented a year-over-year increase of approximately $237,000 and $1.5 million, respectively. Auburn also saw its severance expenses -- money owed to past administration and coaches -- decrease from $2,932,576 during the 2017-18 fiscal year to just $284,873 in 2018-19.

The department spent $2,188,165 on recruiting, which represented an increase of approximately $100,000 year over year. The football team accounted for $955,898 of the department’s recruiting expenditures, which was down from $1,081,836 the year prior. Men’s basketball, meanwhile, saw its recruiting expenses increase from $79,837 in 2017-18 to $196,200 in 2018-19.

I would like to understand your assersion that revenues should lead to wins. Can you expand on this thought?

[gr82be 14,423]

1 hour ago, WDE_OxPx_2010 said:

College World Series

Final Four

9-4 in football

 

I think that's how you get the highest profit year ever. Has nothing to do with football being a consistent winner.

Actually the highest revenue ever. The highest profit was in 2007/08. Curious as to what created the roughly 6 mil difference. 

[WDE_OxPx_2010 5,297]

4 minutes ago, gr82be said:

Actually the highest revenue ever. The highest profit was in 2007/08. Curious as to what created the roughly 6 mil difference. 

You're right- I misspoke. Maybe this is why my bank account looks like it does. Profit > revenue

[SaltyTiger 7,795]

2 hours ago, AUght2win said:

Look at this money and steady program ascension and convince me we shouldn't demand more.

Should always demand more but not sure about eye opening ascension. Look at the % vs revenues and factor inflation....interesting and thanks

[TigerCatcher 182]

My AU Econ degree tells me that if the market perceives a good as inferior or unacceptable the producer will suffer declining revenues.

You guys need to whine a little louder, the market apparently doesn't hear you.  The income statement is telling Dr. Gogue that all is well.

[rophle 256]

Because you can’t buy championships, and the teams that beat us are making and spending just as much as us. 

[aublaise 199]

I'd like to see numbers for our peers. My guess is that Bama, UF, TAMU, and UGA have more revenue and spend more than AU. 

[The Plainsman 948]

Can’t wait to see what alcohol sales do to further increase our bottom line profits, not to mention the increased revenue sharing $ from the renegotiated tv contract which will take the cbs slot.  

[Dual-Threat Rigby 8,666]

Its not like we're the only ones getting money though. We should definitely demand more, but revenue shouldn't be the causer of that 

[Dual-Threat Rigby 8,666]

49 minutes ago, TigerCatcher said:

My AU Econ degree tells me that if the market perceives a good as inferior or unacceptable the producer will suffer declining revenues.

You guys need to whine a little louder, the market apparently doesn't hear you.  The income statement is telling Dr. Gogue that all is well.

the econ classes here will drill a hole into your head, so I can respect this post 

[NoALtiger 3,860]

There’s nothing to excuse here as several others have already answered this one. Basic economics. 

[weagl1 1,784]

At least our Administrators could use that as the down payment on the football only facility that has been proposed for years.  $13 million plus the $2 million Gus has pledged and the other money pledged ($31.5 million) and collected should mean they can start moving dirt tomorrow.   But watch what happens.   A year from now we will still be screwing around with planning when the planning should have been done long ago.   Same old song and dance.  Meanwhile,  Bammer, LSU, UGA, et.al., are leaving us in the dust.  

[AUGoo 2,664]

Wasn’t AD AG just telling all the programs about budget cuts?

[CCTAU 3,325]

13 hours ago, rophle said:

Because you can’t buy championships, and the teams that beat us are making and spending just as much as us. 

**cough**cough**REC**cough**cough**

[abw0004 10,112]

15 hours ago, creed said:

I would like to understand your assersion that revenues should lead to wins. Can you expand on this thought?

Texas would definitely like to know how to make that work as they have been thinking this lead to wins for years.

[Mims44 1,869]

Hope you ready to crown Texas A&M forever champs. At least we'll finish top ten....  

 

 

Forbes list of most profitable football programs.

1. Texas A&M / SEC

2. Texas / Big 12

3. Michigan / Big Ten

4. Alabama / SEC

5. Ohio State / Big Ten

6. Oklahoma / Big 12

7. Georgia / SEC

8. Notre Dame / Independent

9. Florida / SEC

10. Auburn / SEC

11. LSU / SEC

12. Tennessee / SEC

13. Penn State / Big Ten

14. Oregon / Pac-12

15. Florida State / ACC

16 (tie). South Carolina / SEC

16 (tie). Arkansas / SEC

18. USC / Pac-12

19. Washington / Pac-12

20. Nebraska / Big Ten

21. Iowa / Big Ten

22. Michigan State / Big Ten

23. Wisconsin / Big Ten

24. Mississippi / SEC

25. Clemson / ACC

[EagleEye67 1,939]

14 hours ago, WDE_OxPx_2010 said:

You're right- I misspoke. Maybe this is why my bank account looks like it does. Profit > revenue

I can't be out of money - I still have checks!!

[keesler 5,924]

5 hours ago, weagl1 said:

At least our Administrators could use that as the down payment on the football only facility that has been proposed for years.  $13 million plus the $2 million Gus has pledged and the other money pledged and collected should mean they can start moving dirt tomorrow.   But watch what happens.   A year from now we will still be screwing around with planning when the planning should have been done long ago.   Same old song and dance.  Meanwhile,  Bammer, LSU, UGA, et.al., are leaving us in the dust.  

Latest news from (abw000?) yesterday was that they haven't decided where to put the FOF 😂

He/She also said it takes a long time to plan these big projects and the school has to prove that the funds are placed properly (fiduciary responsibility).  SO in conclusion they are having to spend even a longer time because they don't know where to put it 🤣 the get plans approved and then get the BOT approval and then prove the funds are allocated properly and raise some more money and AU fans & alum get trolled with promises of nice things that never seem to come to fruition.  

Meanwhile the school across the state has been in the midst of another renovation $100MM on an already first class stadium.  And yes, those schools you mentioned + aTm + UK & others have already left AU in the dust. 

It appears that our Administration is fine with the appearance of JHS & not having facilities others have, they couldn't give a rats ass if little ol Auburn stays little ol Auburn.

[keesler 5,924]

2 hours ago, AUGoo said:

Wasn’t AD AG just telling all the programs about budget cuts?

10% across the board even to HC's that excelled in their sport.  Bruce coming off a F4 and Butch a CWS and equestrian off a NC season and BOOM cut that budget.

[AUght2win 6,836]

17 hours ago, SaltyTiger said:

Should always demand more but not sure about eye opening ascension. Look at the % vs revenues and factor inflation....interesting and thanks

In 14 years we have tripled our revenue. That's not inflation. 

[AUght2win 6,836]

19 hours ago, tigerchris said:

Sign gusto to 10 yr. $100Mil NOW!

 

 

I can’t find a font yellow enough. 

I think you gentlemen have totally misread the room. This thread is meant to hold Gus to the fire for a lack of results, not give him credit for the profits Auburn is seeing. 

[AUght2win 6,836]

16 hours ago, NoALtiger said:

There’s nothing to excuse here as several others have already answered this one. Basic economics. 

Again, you guys got the complete opposite point of the post.