Your Ute education probably didn’t prepare you to understand the economics behind the decision. Don’t beat yourself up

May 21, 2019
7:55:23pm

YIsForBrigham MYOB

Over it.

You could also consider that maybe, just maybe, BYU is an essential institution that furthers the mission of the church and therefore justifies the expense. It’s possible that the mission of BYU is so vital to the success of the kingdom that the stewards of the church’s finances choose to make it a priority.

This message has been modified

Originally posted on May 21, 2019 at 7:55:23pm

Message modified by YIsForBrigham on May 21, 2019 at 8:03:33pm

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YIsForBrigham

Previous username: TrueAndBlue
Bio page: YIsForBrigham
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Last login: May 4, 2024
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Messages

Author

Time

An important piece of the revenue puzzle that was left out of yesterday's

BYUMizzou

5/21/19 9:30am

AND... since our program doesn't have any debt, we avoid large principle and interest payments each year.

HarlemCoug

5/21/19 9:38am

Some forget how significant that is.

Everyman

5/21/19 9:50am

Cal has an enormous debt because of stadium renovations. It looks great, but

Benfica1

5/21/19 9:56am

And all the smart people are supposedly at that school 🤷‍♂️

stgeorgecougar

5/21/19 5:28pm

As of 2017, Utah was spending $6.5 million per year on debt service

BYUMizzou

5/21/19 9:58am

how much on former offensive coordinators?

Cougarclaw

5/21/19 10:05am

and former basketball coaches 🙂

Cougar76

5/21/19 10:13am

I know we're not paying any former OCs

displacedute

5/21/19 10:57am

This raises an interesting question. WHo is paying for the renovation of LES?

Scratch

5/21/19 12:13pm

Generally it's donors that pay for these kind of things

ManicBlue

5/21/19 12:35pm

Utah usually does some of both, donations plus some bonding.

Scratch

5/21/19 12:47pm

Donors. An example being how long it took to get the bball facility started.

kccougar

5/21/19 12:59pm

I was told Mexico would pay for it

Hill4Heisman

5/21/19 3:02pm

They are just paying for improvements to the wall.

CougarThug

5/21/19 10:55pm

Any projects that happen at BYU are talked about, planned for

Heinz57

5/21/19 3:03pm

AND ... since BYU typically has an endowment set up to fund any maintenance and

ManicBlue

5/21/19 12:42pm

So the real difference between BYU & Utah's total revenue is a subsidy?

CaliWG

5/21/19 9:46am

Yes. Despite getting handed a check for $33 million from the P12, Utah still

BYUMizzou

5/21/19 9:49am

And even then BYU makes more money if you factor in Utah's debt payments

sunjieming

5/21/19 10:57am

Boom. Wish more people could understand this.

LegitCoug

5/21/19 9:51am

Are we certain 100% of BYU’s AD revenue stays with athletics?

SlantRoute

5/21/19 10:01am

This is what TNT would assume

TNT

5/21/19 10:26am

I would really hope much of that money goes elsewhere for all schools

Pretorian

5/21/19 4:20pm

Wonder what BYU would do with an extra $10M-$20M of annual revenue?

Dr T-bone

5/21/19 10:04am

You could hire better assistant coaches/coordinators

ThugMormon

5/21/19 5:13pm

They can do that now with $10.5M surplus, they choose not to.

NorCal_Coug

5/21/19 7:58pm

Probably true. Sad

ThugMormon

5/22/19 5:15pm

Have a $20.5M budget surplus instead of a $10.5M one?

NorCal_Coug

5/21/19 7:57pm

So what's your conclusion that BYU doesn't get a subsidy based on? Do you know

Scratch

5/21/19 10:18am

Heck, even Ryan Teeples, a massive BYU homer in an article lauding BYU's

Scratch

5/21/19 10:20am

Money from BYUTV is directly based on revenue generated from BYU athletics

SlantRoute

5/21/19 10:32am

Are you saying that BYUtv is legitimately generating like $20M per year for

Scratch

5/21/19 10:47am

Just looked at the numbers, and here's part of the problem. Two years ago, BYU

Scratch

5/21/19 10:59am

BYUTV broadcasts football, b-ball, soccer, vball, baseball, gymnastics, etc.

SlantRoute

5/21/19 11:07am

You really think that generates close to $20M of revenue? So why don't all of

Scratch

5/21/19 11:56am

You think other schools could pull off what BYU pulls off?

SlantRoute

5/21/19 12:12pm

I bet BYUTV bleeds money... it might have a "global reach" but if they were

relic

5/21/19 2:00pm

They don’t bleed money. You’d be surprised

SlantRoute

5/21/19 6:13pm

Texas is not losing money...the LHN & ESPN may be but TX gets their $20M

BYUFam1

5/21/19 8:08pm

Easily. Other schools don't have interest in those sports like BYU does

Gustav

5/21/19 12:13pm

You think BYU has the most interest in those sports? More than Texas or Notre

Scratch

5/21/19 12:16pm

Deep breaths Scratch... Deep breaths.

IceBlue

5/21/19 12:22pm

BYU is more fiscally responsible than Texas

SlantRoute

5/21/19 12:25pm

Correct. Raise your hand if you’ve watched LHN. Now BYUTV.

SlantRoute

5/21/19 12:27pm

Another reason most schools do not do it is because they granted their rights

BYUFam1

5/21/19 8:13pm

Notre Dame and Texas women's soccer attendance combined is only two-thirds BYU's

Gustav

5/21/19 12:34pm

So do you think BYUTV is generating tens of millions of dollars through those

Scratch

5/21/19 12:49pm

Money adds up

Gustav

5/21/19 12:59pm

I suspect the fact that the numbers fly in the face of reason is bugging him.

displacedute

5/21/19 1:11pm

BYU making almost as much money off of non-revenue sports as it makes off of

Scratch

5/21/19 1:12pm

Of cpurse they make a lot off them. BYU has a TV station

Gustav

5/21/19 1:15pm

RE: Of cpurse they make a lot off them. BYU has a TV station

displacedute

5/21/19 2:10pm

It's OK. Women's soccer and volleyball are just more valuable than football and

Scratch

5/21/19 2:18pm

The PAC12 Network makes $127M per year revenue. You are arguing BYUtv makes none

Richbyu

5/21/19 2:48pm

That's revenue. I'm sure BYUTV has some revenue thanks to Rhodes Rolls.

Scratch

5/21/19 3:00pm

BYUtv is outside of funding for BYU sports

Heinz57

5/21/19 3:06pm

LHN contract is $295M for 20 years plus payment of estimated $26M/yr in

Gustav

5/21/19 3:40pm

So are the P12 media right payouts a subsidy to Utah?

BYUFam1

5/21/19 8:20pm

Here’s the thing...

DocPimp

6/22/19 9:11pm

Is this a real question or a question based off a U of U education?

YbeatsU

6/24/19 1:08pm

Doesn't the PAC12 Network make $127M in revenue? And we have Utes arguing that

Richbyu

5/21/19 2:45pm

RE: Doesn't the PAC12 Network make $127M in revenue? And we have Utes arguing

displacedute

5/21/19 2:46pm

I Repeat. The PAC12 Network makes $127M per year. BYUtv can easily make $20M.

Richbyu

5/21/19 2:49pm

My favorite thing is how half of the people insist that BYUTV must generate tens

Scratch

5/21/19 3:36pm

We can look at the PAC12 Network as an indicator... PAC12 gets $28,065,116 from

Richbyu

5/21/19 4:04pm

I'm saying BYU gets like $4.5M for TV and radio rights. Now let's pretend that

Scratch

5/21/19 4:15pm

We are going on BYU's actual accounting disclosure.... Not LDS Ute conjecture.

Richbyu

5/21/19 4:30pm

LOL. We know that BYU makes about $4.5M/year for all of its media rights.

Scratch

5/21/19 4:45pm

We both share a passion about BYU athletics. Ask an accountant for help.

Richbyu

5/21/19 5:05pm

Uh, yeah, those are among the disclosures that I've been discussing.

Scratch

5/21/19 5:15pm

Ask an accountant to help you understand what they are saying.

Richbyu

5/21/19 7:03pm

PS, are you still doing records requests for EVERY BYU football contract?

Richbyu

5/21/19 5:07pm

I never requested all of them, nor have I requested any for many years ever

Scratch

5/21/19 5:18pm

And by the way, over the years I’ve requested lots of documents from lots of

Scratch

5/21/19 5:25pm

It's a bit odd that Ute fan makes so many information requests pertaining to BYU

Richbyu

5/21/19 7:04pm

I don't have the history that you do...are you being serious in this comment?

SwisshQiumi

5/21/19 7:53pm

If so...Scratch loses a lot of points for impartiality...

SwisshQiumi

5/21/19 7:54pm

Yes. Scratch is obsessed with BYU like few others.

kccougar

5/21/19 10:10pm

RE: Of cpurse they make a lot off them. BYU has a TV station

Gustav

5/21/19 3:29pm

Scratch head 'asplode

ArchbishopMitty

5/21/19 1:21pm

NO.. look at the sponsors those advertising in it... most of it is pretty

relic

5/21/19 3:36pm

Are you including the separate streaming advertising?

Richbyu

5/21/19 4:09pm

That's a good point.. I wonder if those local advertisers know they Might not be

relic

5/21/19 6:05pm

You are bringing up really good points that deserve answers

Let's Play Two

5/21/19 12:17pm

Understood, but that's as to BYUTV, not the BYU AD. The point is that the

Scratch

5/21/19 12:38pm

BYUTV is much more widely distributed than the LHN.

Superman21

5/21/19 12:17pm

If Rhodes Rolls hooked up with Amazon to bring you piping hot, fresh buns....ca-Ching

Q-grr

5/21/19 12:26pm

BYUtv and BYU School of Broadcast Journalism have very large endownments,

Rocketman

5/21/19 7:07pm

Teeples was just guessing. That's the only article and only place that anyone

BYUMizzou

5/21/19 10:55am

I know, let's have the State of Utah audit BYU and we can find out for sure.

displacedute

5/21/19 10:59am

If Utah didn't want to be subject to state audit, it can stop taking state funds

BYUMizzou

5/21/19 11:02am

That doesn't say what you claim it says. And taking state funds has nothing to

Scratch

5/21/19 11:04am

I don't have any problem with Utah being periodically audited.

displacedute

5/21/19 11:11am

far from pointless

yahtzee

5/21/19 11:46am

It was driven by non-BYU fans

Gustav

5/21/19 11:49am

It’s your tax money...

DocPimp

6/22/19 9:16pm

Someone so sad

LaVellIfIKnow

5/21/19 12:59pm

Teeples couldn't have looked up a subsidy on that website because it doesn't

Scratch

5/21/19 11:03am

Here is the official statement from the school about BYU athletics being self funded.

HarlemCoug

5/21/19 11:00am

All BYU tuition is funded by tithing, but that's not specific to athletics.

displacedute

5/21/19 11:06am

BYU itself reports receiving a massive "tuition allocation." While it's not 100%

Scratch

5/21/19 12:02pm

RE: BYU itself reports receiving a massive "tuition allocation." While it's not

SUAVO

5/21/19 8:15pm

Revenue from BYUtv is revenue, it’s a part of BYU...

icecougar

5/21/19 12:02pm

Doesn't BYU have 2 recent billionaire boosters?

Richbyu

5/21/19 2:42pm

This is great research. I wonder when the Trib will write this up.

Idahofallsblue

5/21/19 10:20am

Those MWC and AAC amounts can't be sustainable.

StantonMac

5/21/19 10:40am

Are you sure the subsidy is included in revenue? Also, looks silly to want to go

Odysseus

5/21/19 11:21am

Mountain West! Mountain West! Mountain West!

Q-grr

5/21/19 11:29am

Wrong. BYU allocates at least 7 Million a year in 'Tuition Allocation'.

Tango

5/21/19 11:45am

And... Athletics makes no money from BYUTV. Just Exposure

Tango

5/21/19 11:47am

I'd bet it was very little.. if anything...

relic

5/21/19 3:40pm

Independence for now is financially sustainable but I don’t think it is..

icecougar

5/21/19 11:47am

Home schedules from this year on in general appear much better than "lackluster"

JackStack

5/21/19 12:58pm

A tiered bowl agreement would be a real benefit and an incentive...

icecougar

6/23/19 2:17pm

Well, sounds like we urinated farther again. 🤦🏽‍♂️🤷🏽‍♂️

BOOHOLE

5/21/19 12:39pm

given that the lds church subsidizes scholarship as well as the cost of

DJROSS

5/21/19 1:30pm

Great info. Where does "tuition allocation" (17% in 2015) fall in that

Troy McClure

5/21/19 1:41pm

RE: Great info. Where does "tuition allocation" (17% in 2015) fall in that

Scratch

5/21/19 1:49pm

My guess is that's CPA speak for athletic, Grad assist. and depend.scholarships.

cdr88

5/21/19 2:27pm

Great info. I'm sure Utes will argue that tithing subsidies of tuition are de facto subsidies to athletics since

Bob Vance

5/21/19 5:47pm

As are taxpayer subsidies for state schools

baldcoug74

5/21/19 6:51pm

Correct. BYU gets a BILLION $ in tithing $ annually. Money is fungible and

ALUF 1990

5/21/19 7:52pm

Your Ute education probably didn’t prepare you to understand the economics behind the decision. Don’t beat yourself up

YIsForBrigham

5/21/19 7:55pm

Seriously. Do you think wealthy members should get a HUGE tithing subsidy for

ALUF 1990

5/22/19 12:05pm

Should rich kids get a tax subsidy to attend University of Utah?

Richbyu

5/22/19 3:42pm

Tax subsidy is pennies compared to tithing billion. That is why BYU costs less

ALUF 1990

5/22/19 11:19pm

Iink?

yahtzee

5/23/19 8:42am

lies

HarlemCoug

5/21/19 9:33pm

If it really blows your mind I don't know what to say.

kccougar

5/21/19 10:14pm

Link?

yahtzee

5/21/19 10:54pm

Sign me up for that rate of return!

provofan

5/22/19 12:15am

Considering how financially successful the FB program and how scrooge-like the

Pretorian

5/22/19 5:46am

how embarrassing is it that we can't beat the school where they teach this

riboflavin

5/22/19 9:49am

Very. At first I thought he was being facetious. But that's embarrassing.

Unibro

5/22/19 10:10am

Thank you, Judas. John 12:4-6

TheLoanArranger

5/22/19 11:59am

Nice piece of info

Cougarpride

5/21/19 7:49pm

Why do Utah and CU have such high subsidies compared to other pac12 schools?

GOR

5/21/19 8:07pm

they suck

JackStack

5/21/19 8:32pm

For whatever reason, they can't charge students enough money to cover their costs

Bob Vance

5/21/19 9:19pm

Doesn’t Cal operate in the red big time?

andrewg3

5/21/19 11:39pm

Short answer, yes. Long answer was in a linked article up top.

cougstyle

5/21/19 11:44pm

Quick story to illustrate a simple point...

DocPimp

5/21/19 11:48pm

Clearly a doc and not an MBA.

kccougar

5/22/19 6:55am

I fully admit what I know about business I know from Shark Tank...

DocPimp

5/22/19 7:55am

hahahahahhahaha. that's a very embarrassing thing to admit.

riboflavin

5/22/19 9:50am

Not for me, I’m definitely not a know it all

DocPimp

5/22/19 10:17am

Hmmm, nice try.

Benfica1

5/22/19 12:36pm

Facts are facts...

DocPimp

5/22/19 5:30pm

When are you guys going to renovate your basketball arena?

Richbyu

5/22/19 6:10pm

It’s a perfect palace for 80k

ThugMormon

5/22/19 8:48pm

Have no idea...

DocPimp

5/22/19 10:18pm

It's had numerous significant renovations, including a major one 4-5 years ago.

Scratch

5/22/19 10:26pm

...when they got half of the door handles replaced to feature in a promo video

BYUFam1

5/23/19 8:41am

Have you been to BYU lately, or ever?

provofan

5/22/19 7:39pm

I honestly haven’t...

DocPimp

5/22/19 10:17pm

<< Deleted >>

TempeCoug

6/23/19 12:23pm

I think this is 'your truth' (i.e. your opinion).

Benfica1

5/23/19 8:52am

This is like Wyoming calling themselves the premier public school in the state..

ray ray

6/23/19 9:24am

So what you're saying is USU does more with a lot less! That's comforting...

baishel44

5/22/19 10:34am

Lol, this post really brought out the Crimson Crusaders in force...

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