Sep 13, 2017
9:47:00am
9:47:00am
And if IIRC he said it was unsustainable indefinitely.
And he was speaking about keeping up financially.
As an example, the COA stipend adds $1.5M to BYU's expenses. It costs the UU $1M.
Last year, UU received $8M+ in post-season revenue (CFB and bowls). BYU got $612,000 for the bowl game plus $300,000 for reaching the NCAA APR benchmark.
UU could have paid the COA from the winnings and had $7M left over. BYU needed to pony up an additional $600,000.
Everything being equal, over 10 years, the UU has a net of $70M while BYU had to come up with an additional $6M.
As an example, the COA stipend adds $1.5M to BYU's expenses. It costs the UU $1M.
Last year, UU received $8M+ in post-season revenue (CFB and bowls). BYU got $612,000 for the bowl game plus $300,000 for reaching the NCAA APR benchmark.
UU could have paid the COA from the winnings and had $7M left over. BYU needed to pony up an additional $600,000.
Everything being equal, over 10 years, the UU has a net of $70M while BYU had to come up with an additional $6M.
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You have to take the statement in context. The context is competing with P5 schools as an independent is not sustainable
9/13/17 8:43am
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