The church payed for the whole thing!

Sep 20, 2017
8:40:16am

Blue for Life All-American

https://www.google.com/search?q=how+did+the+lds+church+pay+for+city+creek&ie=UTF-8&oe=UTF-8&hl=en-us&client=safari

They spent 5 billion on the city.

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Blue for Life

Bio page: Blue for Life
Joined: Nov 27, 2006
Last login: May 11, 2024
Total posts: 16,341 (653 FO)

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Messages

Author

Time

Financial summary, direct from BYU

mikecito

9/19/17 7:43pm

Pie charts should be illegal

Martin Van Nostrand

9/19/17 7:45pm

In all fairness, this isn't a pie chart. It's a donut chart.

mikecito

9/19/17 7:56pm

RE: In all fairness, this isn't a pie chart. It's a donut chart.

Ocho Cuatro

9/19/17 11:23pm

Should they use a Cougar Tail chart?

fan_byu

9/20/17 7:42am

Lol. Earned more from sports camps than from tv/radio.

mulletino

9/19/17 7:47pm

Wasn't our tv contract near 20 million? Man those camps

1984coug

9/19/17 7:48pm

Notice we bring in 8% on sports camps but spend 9% on sports camps...

mikecito

9/19/17 7:52pm

Camps are a recruiting tool (evaluate talent) and its supplimentary income

BostonCougar

9/19/17 7:57pm

There are different camps, some are for recruiting and some are for instruction/

BYU Grounds

9/20/17 11:39am

Probably pays off in the long run

Ulysses14

9/19/17 7:59pm

just to clarify. these numbers show that the camps are profitable (and, as noted, they are great for recruiting).

HarlemCoug

9/19/17 8:11pm

But expenditures are likely less than revenues so they could still be

cougarfann888

9/19/17 8:58pm

Yes, total expenses were $54M

Everyman

9/19/17 9:05pm

Corrected total expenses numbers.

Everyman

9/19/17 10:37pm

Where did the $54M figure come from?

mm73

9/20/17 5:49am

From BYU’s report to the Dept of Education. Link

Everyman

9/20/17 6:30am

8% of expenses does not equal 8% of revenue. So 8% of revenue could actually be

andrewg3

9/20/17 9:10am

Well hopefully Revenue > Expense

YardTime

9/20/17 10:45am

But they lost money on sports camps too.

CharlottesvilleCoug

9/20/17 8:43am

No they didn't see above

cougarfann888

9/20/17 8:47am

Interesting. I'd be interested to see how some of these percentages compare to

lbmango

9/19/17 7:50pm

Where is tithing?

jholling

9/19/17 7:53pm

Subsidized tuition

CallingDingo

9/19/17 8:20pm

<< Deleted >>

HarlemCoug

9/19/17 8:23pm

Thats a lot of subsidy from Tuition Allocation. Not sure too many people know

Tango

9/19/17 8:48pm

isn't that to cover the athletic scholarships?

Nat Gas Man

9/19/17 10:50pm

When students earn semester credits within the athletic department, then tuition

tisdaplace

9/20/17 9:28am

The big thing missing which I think is wrong is consessions

Nat Gas Man

9/19/17 7:58pm

amen!

warp

9/20/17 6:44am

They have 5% Other. So it was less than 5%.

thecthdox

9/20/17 8:44am

It's speculated byu doesn't get concession money that all that profit goes to

cougarfann888

9/20/17 8:48am

this is correct athletics subsidizes many departments

Nat Gas Man

9/20/17 10:38am

Which it shouldn't

BYUSwoop

9/20/17 7:35pm

Imagine how an increase in TV revenue would change that chart

1-Wing RCAF

9/19/17 7:58pm

It’s in line with the percentages mailed out to CC members,

Everyman

9/19/17 8:01pm

I thought TV would be closer to $8-10 million

SpudCoug

9/19/17 8:02pm

Where did you come up with that number?

BlueFrog

9/19/17 8:05pm

Speculation on ESPN contract

SpudCoug

9/19/17 8:17pm

Yeah that was a big myth. People were talking about 1m-1.5m per game and it just

BlueFrog

9/19/17 8:38pm

That’s why TH said that BYU could not keep up

Everyman

9/19/17 8:30pm

2 years ago total tv/radio income was ~5m

BlueFrog

9/19/17 8:03pm

That would seem to indicate about 4.5 mil in TV/radio revenue, right?

Solomon Levi

9/19/17 8:03pm

Conference revenue is also tv/radio (from bball) mostly

jkccoug

9/19/17 8:23pm

with the big increase in season tickets I'm sure it will once again be the big

Nat Gas Man

9/19/17 8:04pm

1% other tickets. Yet, how much does it cost to run those other sports? Got

Cougarfan777

9/19/17 8:08pm

Where is the Donations from for profit arm of church category?

kotacoug

9/19/17 8:11pm

<< Deleted >>

Paco

9/19/17 8:22pm

14% from tuition and 7% from TV/radio? I didn't realize we were subsidizing

insidebyu

9/19/17 8:26pm

the school isn't cutting a check, if that's what you mean. Not that I'd have a

Bostonblue

9/19/17 8:56pm

This is different than a typical school's tuition subsidy.

jrj84105

9/19/17 9:24pm

I'd assume they just don't charge student athletes tuition

Bostonblue

9/19/17 9:36pm

It's more than that. They report 5.2M in tuition to the department of education

jrj84105

9/20/17 10:30am

are you trying to imply that there is something other than a "tuition subsidy"

Bostonblue

9/20/17 10:41am

No, don't think anyone is lying, but it's unclear what "tuition allocation"

Scratch

9/20/17 10:56am

Wait, did I ask you?

Bostonblue

9/20/17 11:01am

Sorry, I didn't realize on a message board that only the person to whom a

Scratch

9/20/17 11:39am

note that licensed royaltys

Richw

9/19/17 8:38pm

gear and equipment is only an expense? BYU has a nike contract right?

Lance71

9/19/17 8:42pm

I think we are a tier 2 or tier 3 Nike school, which means that

Iman23

9/19/17 9:00pm

Probably falls under corporate sponsors

cougarfann888

9/19/17 9:01pm

Am I the only one surprised we spent more on hosting/food than recruiting?

SL12

9/19/17 10:19pm

this is pretty consistent with what I have been saying

kosmokramer

9/19/17 10:31pm

I stand corrected on many of my assumptions.

mudpupper

9/19/17 11:51pm

It would hurt in the ability to compete. Big boy ball versus small ball.

BYUSwoop

9/20/17 8:35am

Donor money would plummet if we went back to a g5.

HarlemCoug

9/20/17 9:36am

Donor money will plummet if we don't start winning.

kosmokramer

9/20/17 1:03pm

The sad thing is if BYU invested just a small percentage in BYU Football as they did in City Creek it would be

TyPower2016

9/19/17 11:17pm

those guys are sports fans, but the world is a big place. U.S. is 4.4% of world's population

cwilke1

9/19/17 11:45pm

BYU invested in City Creek? Sorry, I don't believe you.

Acorn

9/20/17 6:45am

The church payed for the whole thing!

Blue for Life

9/20/17 8:40am

He's saying the Church paid for it not BYU and that they are different/separate

Martin Van Nostrand

9/20/17 9:43am

BYU and City Creek are both owned by the Church but BYU doesnt own City Creek.

LiquidUte

9/20/17 12:18pm

The for profit arm of the church invested in City Creek. Once BYU becomes

Bostonblue

9/20/17 12:27pm

You fandom is dependent on a small clique of octogenarians? Weird.

Plato

9/20/17 10:05am

Intriguing to think how much leverage we have now with our TV contract renewal

SpudCoug

9/20/17 12:09am

So what's our ESPN contract really worth? $3m a year? really?!!

CougLuv1

9/20/17 8:31am

The expenses were $54M; the revenue was $62M

Everyman

9/20/17 8:41am

So, ESPN contract brought in about $4.4M last year? That's consistent with the

boscatar

9/20/17 1:04pm

Not quite, because there's other TV and radio money involved as well.

Scratch

9/20/17 1:15pm

My guess is that it falls under football revenue

Everyman

9/20/17 1:25pm

It is still better than the MWC by at least double.

Solomon Levi

9/20/17 9:35am

Yes, but not much better than Boise, almost a push. So the question is how much

Scratch

9/20/17 9:45am

Donor money would plummet if we went back to a g5.

HarlemCoug

9/20/17 9:38am

10% Financial Aid; 33% Salary expenses. Should be a crime.

Plato

9/20/17 10:04am

Notice only 7% comes from TV and radio. Thats all sports.

Count Cougar

9/20/17 10:16am

The recruiting budget number really surprises me.

wcj99

9/20/17 11:02am

TV money is higher than the 7.5%

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