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Apr 24, 2015
11:56
:15
am
TNT
Racist
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TNT
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TNT
Joined
Dec 19, 2001
Last login
Jun 18, 2024
Total posts
236,359 (10,970 FO)
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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
Still Questing
4/24/15 11:56am
That's total athletics department, not football only
Still Questing
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?
ToasterChive
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
CougarCanuck76
4/24/15 11:57am
That all makes sense to me.
Jazzyturtle
4/24/15 11:59am
Better dead than red, actually.
ToasterChive
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
PolarisPrime
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
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