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To the haters who said “why are we spending $2M/year to coach program that loses $4M/year”

Posted on 4/3/23 at 11:20 pm
Posted by Tim McBaw
Baton Rouge
Member since Dec 2021
50 posts
Posted on 4/3/23 at 11:20 pm
I think it’s now safe to say it was well worth it for the hundreds of LSU fans who are still on cloud 9 today after the championship last night.

Least Geaux!
Posted by AlaTiger
America
Member since Aug 2006
21307 posts
Posted on 4/3/23 at 11:22 pm to
Hundreds?
Posted by Geaux Guy
Member since Dec 2018
6036 posts
Posted on 4/3/23 at 11:25 pm to
Millions.
Posted by VictoryHill
Alabama
Member since Nov 2013
3237 posts
Posted on 4/3/23 at 11:29 pm to
quote:

Millions.

AND MILLIONS!

Posted by BlueDogTiger
Member since Jan 2014
1393 posts
Posted on 4/3/23 at 11:31 pm to
LINK to LSU 2022 Financials

cost $6.5 million of Football Money…..But it’s all good! Go to last page
Posted by biohzrd
Central City
Member since Jan 2010
5742 posts
Posted on 4/3/23 at 11:31 pm to
Go frick yourself!!
Posted by BPTiger
Atlanta
Member since Oct 2011
5775 posts
Posted on 4/3/23 at 11:40 pm to
I watched the first women’s basketball game ever yesterday. I’m not really a women’s basketball fan. That said whatever they payed was well worth it.

This post was edited on 4/3/23 at 11:42 pm
Posted by Sun God
Member since Jul 2009
46846 posts
Posted on 4/4/23 at 12:21 am to
What the hell is that billions stat
Posted by Penrod
Member since Jan 2011
47224 posts
Posted on 4/4/23 at 12:52 am to
It can’t be measured just by the bottom line. Hiring Kim Mulkey was a good deal. We just knew she would win multiple championships. The prestige is worth something, and that doesn’t show up on an income statement or a balance sheet.
Posted by JPLSU1981
Baton Rouge
Member since Oct 2005
26970 posts
Posted on 4/4/23 at 1:10 am to
Yup, LSU and the athletic department have gotten millions of free marketing the last couple weeks.

Some firm will put a number to it I’m sure, but it’s definitely in the millions.
This post was edited on 4/4/23 at 1:11 am
Posted by Lsudave89
Baton Rouge, Louisiana.
Member since Jun 2021
3527 posts
Posted on 4/4/23 at 3:47 am to
The firms began their studies of the WBB final 4 of 2021 and showed due to tv structuring and bundling deals for ladies athletics vs. Compartmentalized for men's $100m disparity could be made up with restructuring in 2025. All this obviously is still speculative however it is documented:

espn - article on law firms financial analysis

response to media inquiries during the basketball tournaments in March, the NCAA said the women’s tournament lost $2.8 million in 2019, “the largest loss of any NCAA championship.” 

Yet detailed estimates included in an addendum to the Kaplan report, prepared by a sports media rights consultant who worked for more than two decades as an NBA executive, paint a sharply different picture. 

The women’s basketball tournament could be worth $100 million a year in media-rights fees alone starting in 2025 after its current deal ends. That’s according to an analysis led by Ed Desser, president of a California-based sports media rights consultancy.

quote:

response to media inquiries during the basketball tournaments in March, the NCAA said the women’s tournament lost $2.8 million in 2019, “the largest loss of any NCAA championship.” 

Yet detailed estimates included in an addendum to the Kaplan report, prepared by a sports media rights consultant who worked for more than two decades as an NBA executive, paint a sharply different picture. 

The women’s basketball tournament could be worth $100 million a year in media-rights fees alone starting in 2025 after its current deal ends. That’s according to an analysis led by Ed Desser, president of a California-based sports media rights consultancy.




Edit WSJ ARTICLE NOT ESPN
This post was edited on 4/4/23 at 3:50 am
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
75664 posts
Posted on 4/4/23 at 5:40 am to
Tulane lost money on the Cotton Bowl.

Unless you account for the increased visibility.
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