Is there a fund or line of credit BYU athletics use when they do go red?

Sign up, and you can make all message times appear in your timezone. Sign up

Report problem with this ad

Apr 24, 2015
12:11:20pm

ToasterChive

Is there a fund or line of credit BYU athletics use when they do go red?

Report problem with this ad

ToasterChive

Previous username: Chicarl
Bio page: ToasterChive
Joined: Sep 3, 2010
Last login: May 24, 2024
Total posts: 22,100 (418 FO)

Report problem with this ad

Messages

Author

Time

Does BYU operate "in the black"

Jazzyturtle

4/24/15 11:53am

Racist

TNT

4/24/15 11:56am

Of course. Jamaal, Curtis Brown, Mike Reed, Jordan Leslie, etc.

Epileptic Beagle

4/24/15 11:56am

Based on Equity in Athletics -- BYU 2013 revenue = $60.1M, expenses = $53.5M

4/24/15 11:56am

That's total athletics department, not football only

4/24/15 11:57am

I would imagine

Superman21

4/24/15 12:12pm

Lets take 5 million of that and hire top level assistants for football

concolor couguar

4/24/15 12:02pm

Need to save some for a rainy day though. It wouldn't take many losing

Bostonblue

4/24/15 1:57pm

Spend the money on great coaching and reduce the likelihood of losing seasons

concolor couguar

4/24/15 2:08pm

You may be right, but we're talking about a financially conservative school and

Bostonblue

4/24/15 2:17pm

Is that why they pumped and continue to pump millions into BYUTV?

concolor couguar

4/24/15 2:27pm

Do you really view BYU-TV as some kind of big financial risk?

Bostonblue

4/24/15 3:02pm

Do you think BYUTV is a major expense for BYU?

concolor couguar

4/24/15 3:06pm

You didn't answer my question. In any event, I'll answer yours.

Bostonblue

4/24/15 3:09pm

To make more money they need to spend it on coaching.

concolor couguar

4/24/15 3:20pm

Arguing with you is like a dog chasing its tail. Getting no where.

Bostonblue

4/24/15 3:23pm

Not sure about infrastructure, but I read in the NYT that Granite Flats costs

bretonnia

4/24/15 6:53pm

its only not cheap depending on what the revenue is per show.

Bostonblue

4/24/15 9:10pm

So we have $6.6 million or so from which to pay the athletes

The Farm

4/24/15 12:55pm

BYU's athletic department operates in the black.

gwalker

4/24/15 11:57am

So it is athletic, huh?

boogers

4/24/15 12:00pm

As opposed to deceptively fast.

gwalker

4/24/15 12:06pm

or sneaky

boogers

4/24/15 12:06pm

It passes the eye test..

Anae4Anae

4/24/15 12:36pm

Is there a fund or line of credit BYU athletics use when they do go red?

4/24/15 12:11pm

I'm not sure. I believe the fund is the Athletic Department's

gwalker

4/24/15 12:30pm

No red, they go "white"...

Heinz57

4/24/15 2:07pm

The Church won't let them run in the red

4/24/15 11:57am

That all makes sense to me.

Jazzyturtle

4/24/15 11:59am

Better dead than red, actually.

4/24/15 12:45pm

BYU athletics makes more money that they spend. Very unusual, even for P5

CalGTR

4/24/15 11:59am

Wonder what the surplus funds are used for?

bretonnia

4/24/15 12:29pm

I imagine a lot of it is banked to guard against lean years or unexpected costs.

CalGTR

4/24/15 12:35pm

If that's the case, I'd be VERY interested to see BYU ADs bank statement.

bretonnia

4/24/15 12:39pm

More likely the bulk of it is earmarked for for future planned costs...

Superman21

4/24/15 12:47pm

The surplus is set aside for 1) rainy day, 2) anticipation of paying stipends

Cougarpride

4/24/15 1:25pm

One thing that is almost never considered

4/24/15 2:10pm

BYU Athletics has no debt, right?

Cougforgood

4/24/15 3:10pm

BYU sport funds go to sports

Heinz57

4/24/15 3:21pm

They operate in the double minority: Non-P5/in the black

Y4LYFE

4/24/15 4:44pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad