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Women's Basketball Costs
Posted on 2/21/17 at 2:16 pm
Posted on 2/21/17 at 2:16 pm
According to recently released figures, LSU Lady Tigers lost almost $4M this year. UConn ladies lost $2.6M +. Geno's salary this year, as part of a 10 year contract, is $1.9M, climbing to $2.4M in his contract's last year. I get Title IX but if the best program in lady's sports is losing $2M a year, there is something wrong somewhere
This post was edited on 2/21/17 at 2:22 pm
4
Posted on 2/21/17 at 2:18 pm to Keltic Tiger
quote:Women's sports. That's where they went wrong.
there is something wrong somewhere
Posted on 2/21/17 at 2:18 pm to Keltic Tiger
You want to see how many college baseball programs turn a profit? Many don't
The only two reliable money making programs in college athletics are football and men's basketball
The only two reliable money making programs in college athletics are football and men's basketball
Posted on 2/21/17 at 2:21 pm to WestCoastAg
quote:
You want to see how many college baseball programs turn a profit? Many
Believe me when I say that plenty of LSU fans live in a bubble regarding this very conversation.
Posted on 2/21/17 at 3:03 pm to c on z
quote:
Believe me when I say that plenty of LSU fans live in a bubble regarding this very conversation.
This. I can probably count on less than 2 hands the number of college fanbases that really, truly give a shite about baseball. And I am talking about the whole season...not just post-season time when the bandwagon gets fuller for teams who host regionals and super-regionals.
A few years back, I happened to be in Chapel Hill and decided to take in a UNC baseball game. They were ranked in the top 5 at the time, it was a beautiful Sunday afternoon, they were playing a ranked conference opponent (Virginia, I think) and there were maybe 1500 people there. And the stadium was pretty nice...it had just been remodeled I think and seated somewhere around 4000. I was stunned that the place wasn't full and in chatting with a few locals, I learned that no matter how good the team was, they just weren't going to fill the stadium and that lacrosse was actually a bigger deal to their general fan base than baseball.
This post was edited on 2/21/17 at 3:06 pm
Posted on 2/21/17 at 3:15 pm to Keltic Tiger
Title IX wouldn't be such a nightmare if football wasn't included in the equity formula.
Posted on 2/21/17 at 3:21 pm to WestCoastAg
quote:
You want to see how many college baseball programs turn a profit? Many don't
atleast baseball does the post season tourney right, and turns a profit
Posted on 2/21/17 at 3:57 pm to TigerintheNO
How can UCONN be losing that much money? I thought they had great attendance and frequent sellouts. No one expects most women's basketball programs to make money but if UCONN is losing money someone is doing something wrong there.
Posted on 2/21/17 at 4:07 pm to Keltic Tiger
It's simple supply and demand. Significantly more people (both men and women) would rather watch men's sports than women's. That's not being sexist. That's just being honest.
Because women's sports aren't in high demand, a school can't really generate a high revenue stream.
There's only so much people are willing to pay for ticket (For UConn the highest ticket prices are ~$26-$30).
Businesses aren't going to spend huge money to advertise at games and other media streams associated with the sport
TV networks aren't going to pay a lot for the rights to broadcast games that by and large, no one will watch or buy advertising on.
Still, despite the revenue being significantly lower than mens sports, the costs associated with women's sports are largely the same.
A scholarship for both a male and female student are the same. It cost the same to fly/drive a male or female student to a game. I'm sure both receive the same top-notch medical treatment, housing, etc.. Even though ticket prices are less for women's sports compared to men's, I'm sure the costs associated with putting on a game (utilities, security, staffing, etc.) are largely the same.
There really is no reason to spend much money on women's sports from a financial perspective. Even the clear cut best programs don't really make a profit
Because women's sports aren't in high demand, a school can't really generate a high revenue stream.
There's only so much people are willing to pay for ticket (For UConn the highest ticket prices are ~$26-$30).
Businesses aren't going to spend huge money to advertise at games and other media streams associated with the sport
TV networks aren't going to pay a lot for the rights to broadcast games that by and large, no one will watch or buy advertising on.
Still, despite the revenue being significantly lower than mens sports, the costs associated with women's sports are largely the same.
A scholarship for both a male and female student are the same. It cost the same to fly/drive a male or female student to a game. I'm sure both receive the same top-notch medical treatment, housing, etc.. Even though ticket prices are less for women's sports compared to men's, I'm sure the costs associated with putting on a game (utilities, security, staffing, etc.) are largely the same.
There really is no reason to spend much money on women's sports from a financial perspective. Even the clear cut best programs don't really make a profit
Posted on 2/21/17 at 4:17 pm to Ralph_Wiggum
quote:
How can UCONN be losing that much money? I thought they had great attendance and frequent sellouts. No one expects most women's basketball programs to make money but if UCONN is losing money someone is doing something wrong there.
Cost vs. income
The highest price women's ticket is somewhere between ~$26-$30 (For the men it's around $45) I suppose you could argue UConn should be charging much more for WBB tickets, but I can't imagine they aren't charging as much as reasonably possible. Even for the best WBB program, paying $40 per ticket is probably unreasonable for most fans. Plus, I'm sure it's much cheaper to advertise with women's games vs. men's. There's much more exposure (once you bring in TV) in the men's game than the women's.
However, the COSTS aren't less just because it's female athletes. It costs the same to fly a women's team across the country and put them up in a hotel. It costs the same to turn the lights on in the arena, have people work the games, etc.
Posted on 2/21/17 at 9:17 pm to Alt26
With the popularity of women's tennis, I'm surprised the NCAA can't capitalize on that one.
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