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"LSU's recruiting budget balloons over a decade"

Posted on 7/28/08 at 12:52 pm
Posted by npersa1
Austin, TX (#ATX)
Member since Jun 2008
2135 posts
Posted on 7/28/08 at 12:52 pm
"LSU's recruiting budget balloons over a decade," Baton Rouge Business Report's Daily Report, 7/28/08

quote:

LSU's spending for athletic recruitment jumped 248% over the past 10 years, placing it third among the five athletic programs with the biggest percentage increase in spending, according to an analysis by the Chronicle of Higher Education. LSU spent $994,200 in 2006-07 compared to $286,000 in 1996-97 to rank behind Maryland and Kansas State and ahead of Duke and West Virginia. Of the six Bowl Championship Series conferences, the SEC ranked first in recruitment spending at $13.1 million for 2006-07, a 98% increase over the 1996-97 figure of $6.6 million. The Chronicle reports that nearly half of the nation's biggest athletic programs doubled or tripled their spending over the past decade. The rising cost of travel is one cause, as coaches look farther afield than before—even to other continents—in recruiting top athletic talent in an increasingly competitive environment, according to the study.—Steve Clark

Posted by roscoethetiger
Charlottesville
Member since Dec 2007
2310 posts
Posted on 7/28/08 at 12:57 pm to
Yea, we also had more money pouring into the system, which gives you a bigger budget. Gotta spend money to make money.
Posted by graychef
Member since Jun 2008
28308 posts
Posted on 7/28/08 at 1:01 pm to
(no message)
This post was edited on 3/10/21 at 3:05 pm
Posted by WONTONGO
Member since Oct 2007
4295 posts
Posted on 7/28/08 at 1:09 pm to
quote:

The Athletic Department self-generates its revenue


They're not getting it from the tax payers if that's what your saying, but increases in budgets mean increases in ticket prices to offset those costs. Recruiting however, is one thing I'm all for spending money on.
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 7/28/08 at 1:09 pm to
quote:

The Athletic Department self-generates its revenue.


Posted by npersa1
Austin, TX (#ATX)
Member since Jun 2008
2135 posts
Posted on 7/28/08 at 1:10 pm to
Yeah, I think these numbers have to be a testimony of "spend money to make money," and I think our money has been paying off. The SEC number is interesting too... perhaps one factor of why it's the hardest conference.
Posted by RandyRP
Houston
Member since Jul 2008
8 posts
Posted on 7/28/08 at 2:20 pm to
Blurb "articles" such as this are often misleading. If the entire SEC spent 13.1 million, that is an average of 1.09 million per team, which is slightly more than the 994,000 LSU spent. Additionally, it is unlikely that schools such as Vanderbilt (no insult intended) are spending the same type of money. This likely means that other top SEC schools are spending much MORE than LSU. So instead of giving the impression that spending increases at LSU are "ballooning", a more in depth analysis is likey to reveal that LSU actually spends LESS than other top conference schools and the increase is part of a much larger national trend.

Lastly as another poster most wisely pointed out, "spending money to make money". BCS bowls do payout much more $$$$.
Posted by TexAna
Dallas, TX
Member since Jul 2007
58 posts
Posted on 7/28/08 at 6:38 pm to
In a way this baffles me. For the last three years it has become common for recruits to spend their own money coming to camps in the summer and unofficial visits on their own dime. With all of the eatly commitments I would think this number would be lower?

In the past it was common for kids to take all five visits, not the case anymore.
Posted by tigabait01
Baton Rouge
Member since Aug 2004
4734 posts
Posted on 7/28/08 at 6:44 pm to
The cost of a visit is nothing. The coaches have to travel the country looking for prospects. That's where the money comes in.
Posted by Champs
Geaux Tigers
Member since Feb 2008
11697 posts
Posted on 7/28/08 at 7:35 pm to
a drop in the bucket when comparing how much the football program brings in
Posted by CAD703X
Liberty Island
Member since Jul 2008
77939 posts
Posted on 7/28/08 at 7:37 pm to
Uhh..2 crystal footballs.

Take the chains off! Recruit the world!! Just like Daddy Dale did. Where do you think Jose Vargas, Geert & Shaquille came from?
This post was edited on 7/28/08 at 7:37 pm
Posted by usc6158
Member since Feb 2008
35308 posts
Posted on 7/28/08 at 7:40 pm to
more winning=more money= more to pay recruits with......at least thats how it works at USC
Posted by LSUzealot
Napoleon and Magazine
Member since Sep 2003
57656 posts
Posted on 7/28/08 at 7:42 pm to
it doesn't matter how much we spend .. what matters is bottom-line and we are one of the most profiting football schools in the nation
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