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Started By
Message
re: 2023 LSU WBB won Natty but lost nearly $8M
Posted on 1/29/24 at 1:50 pm to TheDeathValley
Posted on 1/29/24 at 1:50 pm to TheDeathValley
quote:
You can tangibly calculate the ROI LSU has received from winning the title, and the social media frenzy that followed.
ok. so what is it?
and i'm not disagreeing with what you are saying, or that it didnt' happen, b/c it obviously did in a very good way. The Espy's was full of LSU athletes.
But how is it getting back into the pockets of LSU?
quote:
-Social media mention traffic directed to LSU.
Does LSU's twitter account make money? serious question as i have no idea.
Posted on 1/29/24 at 2:13 pm to JustSmokin
quote:
Wbb, baseball, softball and gym don't have its own tv deal like football and mbb.
They do starting this fall.
Posted on 1/29/24 at 2:13 pm to BigBinBR
quote:
Further down the report they note the TAF contributions.
Yes $29M contribution from TAF
Posted on 1/29/24 at 2:14 pm to Tiger2tiga
quote:
If the courts make lsu pay players, how will lsu afford to pay them?
that is what most people don't understand about college sports.
everybody sees the SECN and ESPN contracts and think these universities are printing money.
but as this report shows, that's not even close to true when talking about the entire athletic budget.
in 2022, only about 20 (public) schools total turned a profit at all.
if you divide that money by total number of student athletes, then MAYBE 10-12 schools could pay each athlete more than about $25k annually if you split the money evenly across the entire athletic department.
Give your starting QB, WR, stud basketball payer, etc. more, and that number drops considerably for everyone else.
even some relatively big name schools like Tennessee and Wisconsin would be somewhere under $5,000 per student athlete.
Posted on 1/29/24 at 2:18 pm to JustSmokin
Guess you have been in hiding? WBB and ESPN just signed a new deal. Guess what started that process? WBB Final Four monster ratings.
Posted on 1/29/24 at 2:21 pm to Nutriaitch
quote:
if you divide that money by total number of student athletes, then MAYBE 10-12 schools could pay each athlete more than about $25k annually if you split the money evenly across the entire athletic department.
up that to just $35k and you're down to only 5 schools that can do that.
Posted on 1/29/24 at 2:24 pm to ForeverEllisHugh
quote:
Who cares? Championships >>> fiat currency
Posted on 1/29/24 at 2:27 pm to junkfunky
quote:
quote:Wbb, baseball, softball and gym don't have its own tv deal like football and mbb.
They do starting this fall.
ESPN signed a deal with the ncaa for the tights to televise 40 women championships.
How much goes to WBB? How much does to the “combatants”? That hasn’t been divulged, but it is worth 115 Million dollars per year.
Posted on 1/29/24 at 2:28 pm to Nutriaitch
quote:you ever watch volleyball, lacross, basically any Olympic sport? Are you saying if it's not one of the Big Three, it's not entertaining? If so, I will disagree with you on that. To me, 'basketball' is a very successful and entertaining sport, enough that lots of people who can't play still watch it. "Women's basketball" is just a subset of it. There's a couple rule variations, but the average basketball fan can turn on a women's game and follow it without any problem... because it's still 'basketball'. They still call travelling and double dribble, they still score 2 pts, 3 for long shots, and 1 for a free throw.quote:
There are many sports that are not profitable, due to lack of widespread public support. Are you saying none of them are entertaining, due to the financial nature?
why do they NOT have more widespread public support?
do people sit at home and say "man, this is some entertaining shite, but I still ain't watching"?
Posted on 1/29/24 at 2:43 pm to LSUVT
The LSU , SOUTH CAROLINA WBB game had more viewers than the MIAMI Heat BOSTON CELTICs game... That exposure is priceless.
Posted on 1/29/24 at 2:46 pm to BayouBaw84
quote:
It’s women’s basketball.
There’s nothing hardwired about women’s basketball that should make it unwatchable and not make money. It’s profitable in other countries and people like it. We just haven’t gotten over our hang-ups in the US yet but the numbers are improving. You gotta spend money to make money.
Posted on 1/29/24 at 2:47 pm to DalenSA
That $8m deficit was easily erased by the free marketing.
Posted on 1/29/24 at 2:51 pm to FLBooGoTigs1
quote:
No way the women's basketball team is losing money starting this year. Guarantee Kim Mulkey will be operating in the black as long as she is here.
WBB often loses the most money of any sport within the department. Not just at LSU. And that is going to continue to be the case.
Mulkey's big salary is a poor investment from a strictly business sense in terms.. However, it's hard to accurately measure the intrinsic value of the notoriety she's brought to LSU with her performance to date.
Posted on 1/29/24 at 2:54 pm to junkfunky
quote:
They do starting this fall.
The new deal is a lot more money for the non-revenue sports but it is just for the NCAA championships (postseason). They considered giving wbb their own deal but left it as is for now.
This should reduce the losses of some of the non-revenue sports but not likely make them profitable. Might make LSU baseball profitable, or at least break even, on a consistent basis. Dunno.
Posted on 1/29/24 at 3:28 pm to TeddyPadillac
quote:
Does LSU's twitter account make money? serious question as i have no idea.
All of them do (FB, X, etc).
I think lsu has the biggest social media following in the NCAA.
Posted on 1/29/24 at 3:36 pm to TheDeathValley
Are they monetized? Are they actually turning the following into tangible dollars?
Posted on 1/29/24 at 3:45 pm to Scoob
quote:
To me, 'basketball' is a very successful and entertaining sport, enough that lots of people who can't play still watch it. "Women's basketball" is just a subset of it. There's a couple rule variations, but the average basketball fan can turn on a women's game and follow it without any problem... because it's still 'basketball'.
the problem with womens basketball is it is the same rules and everything as mens basketball. They just play it at a level that isn't entertaining to any average fan of basketball, just like a high school team. I don't go paying money to go watch Catholic High play, nor woudl i watch some high school glorified AAU game on ESPN.
Softball has entertainment b/c while it's similar to baseball, the strategy of how its played is different b/c there are different rules and equipment.
gymnastics has entertainment b/c it's something girls grow up doing and will support and it's not a popular guy sport, but guys find gymnasts hot.
another popular womens sport is volleyball. the only form of it that's entertaining is beach volleyball, b/c of the sex appeal. If you've ever watched a college mens volleyball team, it'll be extremely hard to enjoy a womens volleyball game again.
The only way for a womens sport to be entertaining is for it to be played differently than the mens sport, and/or have sex appeal.
Posted on 1/29/24 at 3:48 pm to TheDeathValley
quote:
All of them do (FB, X, etc).
I think lsu has the biggest social media following in the NCAA.
Look, i understand you can make money on twitter and what not, but how is LSU specifically making money from it, and where is it going? Shouldnt' that show up on the report?
Posted on 1/29/24 at 3:52 pm to DalenSA
That’s bc it sucks and nobody gives a shite about it.
Besides few nerds on here.
Besides few nerds on here.
This post was edited on 1/29/24 at 3:53 pm
Posted on 1/29/24 at 3:55 pm to Broski
I'll bet you $7.8m that is not the case."
but he guarantees it.
but he guarantees it.
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