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scott715Archived Topic
State of Athletics Program
by scott715 · 11/21/2020
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EM_PumaCome on Cougars, time to be "All In"!
Ya gotta love going to front page of ESPN online and this is the image for an insignificant game on the national level
Ya gotta love going to front page of ESPN online and this is the image for an insignificant game on the national level
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snoscytheSo, with the bowl payout, they'll barely be halfway to making up the shortfall.
I know BYU doesn't operate with debt, and doesn't fund athletics with tuition or tithing dollars, so I'm curious if the athletic department has enough in reserves to cover the shortage, or if we're going to see some cost-cutting or cash-grabbing moves over the next few months or so until they can sell 2021 football season tickets.
I don't think Kalani or Pope are getting a raise--maybe an extension, but I don't think any coaches are getting raises before Q3 2021.
I know BYU doesn't operate with debt, and doesn't fund athletics with tuition or tithing dollars, so I'm curious if the athletic department has enough in reserves to cover the shortage, or if we're going to see some cost-cutting or cash-grabbing moves over the next few months or so until they can sell 2021 football season tickets.
I don't think Kalani or Pope are getting a raise--maybe an extension, but I don't think any coaches are getting raises before Q3 2021.
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GuestBYU already laid off several athletic employees. I believe more are to come.
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a1247hawkwing wrote:
BYU already laid off several athletic employees. I believe more are to come.
That is truly unfortunate for all those who have or will lose their jobs. Plus there was all those who normally work concessions during the games that never got the opportunity to work this year. Almost all of them students who really needed those paychecks. Covid sucks! 2020 end already!
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E-Zone15snoscythe wrote:
So, with the bowl payout, they'll barely be halfway to making up the shortfall.
I know BYU doesn't operate with debt, and doesn't fund athletics with tuition or tithing dollars, so I'm curious if the athletic department has enough in reserves to cover the shortage, or if we're going to see some cost-cutting or cash-grabbing moves over the next few months or so until they can sell 2021 football season tickets.
I don't think Kalani or Pope are getting a raise--maybe an extension, but I don't think any coaches are getting raises before Q3 2021.
I'm sure BYU has funds somewhere because they normally have a net revenue:
2019: Athletic Revenue $72,622,845; Net Revenue $1,990,923
2018: Athletic Revenue $79,644,919; Net Revenue $10,587,333
2017: Athletic Revenue $67,733,712; Net Revenue $5,118,492
2016: Athletic Revenue $62,563,279; Net Revenue $8,133,596
2015: Athletic Revenue $59,032,406; Net Revenue $4,613,998
2014: Athletic Revenue $60,124,096; Net Revenue $6,599,801
2013: Athletic Revenue $54,644,578; Net Revenue $5,126,791
2012: Athletic Revenue $53,033,508; Net Revenue $4,698,770
2011: Athletic Revenue $45,465,068; Net Revenue $4,656,219
2010: Athletic Revenue $36,692,623 This was BYU's last full year in the MWC
I've been getting this information from here over the years; https://ope.ed.gov/athletics/#/
But this year BYU had a major short fall and they don't have to dip into those funds they won't, because you start going down that road pretty soon the funds are gone (the next time it is easier). So they have tighten their budget, aka cut staff and other spending where they can.
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scott715Hopefully that money was banked somewhere. If their account is negative how do they prop it up? The university bankrolls them? They borrow it?
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