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college sports are a business

Posted on 2/22/17 at 10:32 pm
Posted by 75helpmacpack
atlanta
Member since Dec 2012
821 posts
Posted on 2/22/17 at 10:32 pm
I am still amazed at the lack of understanding by "supposedly college graduates" about how resources are spent.....businesses and universities choose to allocate their resources to their most profitable businesses (sports)...for you idiots that say...just throw money at it-there is only so much money, so smart executives invest where they will get the highest return.....figure it out - we will never have a basketball coach that makes as much as Aranda...because an investment in aranda and canada will bring huge returns....and resources arent there to do that in every sport. however, we can and will do better than the current situation in basketball.
Posted by Lou Pai
Member since Dec 2014
28119 posts
Posted on 2/22/17 at 10:38 pm to
Pretty perverse, isn't it? I guess it's ultimately good for the school, but this is a bunch of ~20 year old kids, many of whom don't care about education, and a bunch of assholes making millions off of them, operating under the pretense that these are "student-athletes".

That said, it is what it is. It's part of the LSU identity in the current paradigm, and it's what people in the state want. frick F King Alexander for trying to change it to what he would prefer.
Posted by TheWalrus
Member since Dec 2012
40522 posts
Posted on 2/22/17 at 10:39 pm to
Why spend more than 30k on any non revenue sport coach then?
Posted by saintsfan22
baton rouge
Member since May 2006
71605 posts
Posted on 2/22/17 at 10:39 pm to
quote:

we will never have a basketball coach that makes as much as Aranda.

Wanna bet. Aranda only makes like 300K more than Johnny and Johnny is at the bottom the SEC coaching pay.
Posted by schwartzy
New Orleans
Member since May 2014
9032 posts
Posted on 2/22/17 at 11:30 pm to
Aranda deserves to be paid more than johnny buffoon because Dave does his job well
Posted by saintsfan22
baton rouge
Member since May 2006
71605 posts
Posted on 2/22/17 at 11:34 pm to
That's not what's at debate.
Posted by Rickdaddy4188
Murfreesboro,TN
Member since Aug 2011
46625 posts
Posted on 2/22/17 at 11:38 pm to
quote:

will never have a basketball coach that makes as much as Aranda




Johnny Jones' salary is close to what Aranda makes.
Posted by lsutigertalk
At Death Valley
Member since Apr 2004
5472 posts
Posted on 2/22/17 at 11:42 pm to
quote:

Why spend more than 30k on any non revenue sport coach then?

Title IX
Posted by lsualum96
Los Angeles, CA
Member since Nov 2005
3083 posts
Posted on 2/22/17 at 11:53 pm to
You spend whatever is market value for a top notch coach. It ain't got nothing to do with Title IX.
Posted by dos crystal
Georgia
Member since Aug 2008
4720 posts
Posted on 2/23/17 at 6:10 am to
quote:

businesses and universities choose to allocate their resources to their most profitable businesses (sports)...
quote:

we will never have a basketball coach that makes as much as Aranda...because an investment in aranda and canada will bring huge returns....and resources arent there to do that in every sport.


The subject of your message is accurate. The substance is way off.

Basketball is a sport that if you invest in it will bring Huge returns. It's the second most profitable sport and we have invested the least amount of money than any other school. While Kentucky, Kansas, etc bring as much revenue from basketball as lsu does in football. Some programs like Ohio St and Florida maximize both sports and yield the most return. It appears Alabama has figured this out and invested in basketball. Avery has the #2 class coming in.

Resources are there to invest in basketball. The basketball coach should make more than Aranda because a good basketball product would yield a larger return in money. There is huge growth potential in basketball. Football can't grow as much, It's at a high point right now.

I agree, you don't throw money at every sport, especially those that aren't making money. When you look at the salary Caldwell is making compared to the revenue loss. that doesn't make sense. At least Beth is minimizing her sports loss in revenue. That is something that needs to be notice. If a sport normally loses 10 million and a coach is putting a product out there that reduces that loss to 5 million. then that is a good investment.
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 2/23/17 at 6:38 am to
quote:

Why spend more than 30k on any non revenue sport coach then?


Probably because top athletes in revenue sports want to do something in the offseason. For example, the LSU track program is a recruiting tool for good wide receivers.

If the *only* sports you have are the ones that make money, you won't get good talent overall.
Posted by lukestar
Parts unknown
Member since Dec 2004
3464 posts
Posted on 2/23/17 at 6:46 am to
Why spend more than 30k on any non revenue sport coach then?

Title IX...
Posted by burdman
Louisiana
Member since Aug 2007
20686 posts
Posted on 2/23/17 at 6:56 am to
LSU is leaving money on the table by not investing in the basketball program.
Posted by Wayne Campbell
Aurora, IL
Member since Oct 2011
6373 posts
Posted on 2/23/17 at 7:03 am to
quote:

Why spend more than 30k on any non revenue sport coach then? Title IX...


Title IX has nothing to do with coaching salaries.
Posted by 75helpmacpack
atlanta
Member since Dec 2012
821 posts
Posted on 2/23/17 at 7:12 pm to
paying 1 m a year...just to wrong guy. we wont pay much more, Guaranteed. As far as Aranda vs Basketball coach...its a no brainer. We can be top notch in Football and Baseball, or Basketball and baseball. Again, show me a program where Both Basketball and Football are in top 10....

Alabama no
Clemson no
FSU no
Michigan no
Ohio State no

LSU should not be as bad as we are....but we are, and a new coach is needed. Young, ambitious, able to grow with the program and $$$ friendly.
Posted by 75helpmacpack
atlanta
Member since Dec 2012
821 posts
Posted on 2/23/17 at 7:15 pm to
Florida is the top school for ranking in the top 15 in both sports.....I will take top 5 in football and top 20 in bb and top 5 in baseball....1 in gymnastics, top 5 in womens softball and top 20 in womens bb
Posted by 75helpmacpack
atlanta
Member since Dec 2012
821 posts
Posted on 2/23/17 at 7:50 pm to
and lastly,,FSU coach hamilton amkes $2m a year and jimbo makes 7.....FSU basketball is good year in and year out because of the coach...not how much he makes. made same as Jones until this year....Fla bb coach makes 2m.....
Posted by saintsfan22
baton rouge
Member since May 2006
71605 posts
Posted on 2/23/17 at 7:55 pm to
FSU basketball isnt good year in and year out.
Posted by lsusa
Doing Missionary work for LSU
Member since Oct 2005
4569 posts
Posted on 2/23/17 at 8:35 pm to
quote:

Pretty perverse, isn't it? I guess it's ultimately good for the school, but this is a bunch of ~20 year old kids, many of whom don't care about education, and a bunch of assholes making millions off of them, operating under the pretense that these are "student-athletes".



That sounds like business.
Posted by Tom Bronco
Austin, TX
Member since Jun 2011
2650 posts
Posted on 2/24/17 at 2:42 am to
The Southeastern Conference will distribute $436.8 million out of an NCAA-record $455.8 million in revenues between its 14 institutions, it was announced Friday.

Each league member will receive $31.2 million -- an increase of more than $10 million per school from last year's payout of $20.9 million per school.

The SEC made $455.8 million in total revenue based on the revenue-sharing plan for the 2014-15 fiscal year, which ends Aug. 1. However, $19 million was retained by institutions that participated in bowl games last season.

By comparison, the Big Ten distributed $338.9 million during the 2013-14 fiscal year, according to IRS filings, the most recent data available.

The total amount of the distribution is composed of revenue generated from the SEC Network, televised football, bowl games, the SEC football championship, televised basketball, the SEC men's basketball tournament, NCAA championships and a supplemental surplus distribution.


The payout rules are complicated but enticing. Even if your college basketball team doesn’t win a game, you win $1.67 million. A round-of-16 appearance rakes in almost $5 million. A Final Four run? $8.3 million.
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