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re: Advocate article on LSU athletics revenue
Posted on 2/11/25 at 8:21 am to Ampipe96
Posted on 2/11/25 at 8:21 am to Ampipe96
quote:
Tickets are significantly cheaper for WBB. I have 4 lower bowl seats and it was around $1200. I have 4 men’s tix in the 200 level and it was $1600.
You can get 300 level WBB tickets for $75 for the whole season
Thanks, I really was asking a serious question. That is good information.
0
Posted on 2/11/25 at 8:26 am to Hold That Tiger 10
quote:
Of course it's the major reason. Why would you even have to ask this?
Only because of ESPN/ABCs big women's basketball push. You see that all the time.
quote:quote:
Or is tRant wrong about WBB having better attendance than MBB at LSU right now?
Ahh that's probably it. They use AI to fill the seats during women's bball games, and then use AI to make the PMac look empty during men's games. It's all part of ESPNs master plan to push an agenda.
smartass. 
I find they do not show many good shots of the stands during games and I have not made any of either in person this season so I do not know.
ESPN does push narratives but they aren't to the point of faking fans by using AI... yet.
Posted on 2/11/25 at 8:28 am to Y.A. Tittle
quote:
Abandoning seemingly all concern about men’s basketball is about the stupidest thing a major college athletics program could do.
But baseball!!!
This post was edited on 2/11/25 at 6:26 pm
Posted on 2/11/25 at 8:30 am to Tchefuncte Tiger
This can not be true.. I hear we profit off our student athletes… btw add in the cost of development for the stadiums.. maintenance included in these numbers?
Posted on 2/11/25 at 8:38 am to Thecoz
https://www.nola.com/sports/lsu/heres-how-much-money-lsu-football-other-sports-made-during-the-2024-fiscal-year/article_477c39a2-e7ff-11ef-beaa-dff8549f62d0.html
quote:
LSU athletics turned a profit once again during the 2024 fiscal year, supported by continually rising football revenue and an uptick in contributions.
The department recorded a $1.73 million profit, according to an annual NCAA financial report obtained by The Advocate, roughly $400,000 more than the year before.
quote:
LSU reported $220.2 million in total revenue, a significant jump from its $200.4 million in revenue the previous year. Before fiscal year 2023, LSU never had exceeded $200 million in revenue, and now it has in back-to-back years.
The difference came from an additional $20 million in contributions. LSU received $43.8 million in contributions that were not specific to one team, up from $23.8 million during fiscal year 2023. The report stated contributions can be used on departmental operations or facilities.
But as revenue continues to increase in college sports, so do costs. LSU spent $218.5 million, which was $19.4 million more than the year before. It was the first time LSU reported more than $200 million in expenses, according to available financial reports that date back to 2003.
The highest expenditures came from $81.2 million in combined compensation for coaches, support staff and administration. LSU also spent $36.1 million on unspecified operating expenses. Compared to the year before, LSU paid an additional $7 million in salaries and $8.4 million more on other operating expenses.
LSU football reported $107.9 million in revenue and $55.4 million in expenses, creating a $52.6 million surplus during coach Brian Kelly’s second season. Though football profit took a slight dip from $54 million in fiscal year 2023, it still lifted the rest of the department.
quote:
LSU football’s largest moneymakers — tickets ($40.8 million), contributions ($27.6 million) and media rights ($15.3 million) — remained steady. The team also made $1.5 million more in bowl revenue ($10.6 million) from the SEC compared to the previous year, helping create a slight bump in overall revenue.
But LSU football’s expenses rose, partially because of a combined $26 million in compensation for coaches and support staff. The Tigers spent $23.1 million on coach and staff salaries the previous year. Recruiting and travel costs also went up by around $500,000 each. LSU football spent $2.46 million on recruiting.
quote:
The only other LSU sport to turn a profit was men’s basketball, which finished with a $1.03 million profit. Ticket sales and contributions dipped slightly during coach Matt McMahon’s second season, causing a smaller profit than the year before ($1.34 million), but the sport remained in the black for the third straight year.
quote:
Though ticket sales and contributions have skyrocketed — LSU made $1.37 million on women’s basketball tickets, surpassing $1 million for the first time — the team suffered financially from the lack of a media-rights deal and significantly lower NCAA and SEC payouts.
LSU women’s basketball made only $333,232 in NCAA and SEC distributions, while men’s basketball received $3.5 million.
Though LSU baseball has recorded a profit in the past, it lost $1.9 million during coach Jay Johnson’s third season. The team nearly broke even the year before while winning the national championship.
Expenses continued to climb, reaching $9.9 million. LSU baseball spent $5.9 million just two years earlier.
Posted on 2/11/25 at 8:46 am to Ampipe96
quote:
Mainly because of coaches salary and the payout for making the tournament and winning games is significantly less than the men’s team. If the revenue share from the tv deal was equal then it wouldn’t be as bad of a loss
Starting this year the women's teams in the tournament will get shares like the men do depending on how far they advance. Not that it will make that much of a dent, but it's something.
Posted on 2/11/25 at 8:48 am to Ampipe96
quote:
Tickets are significantly cheaper for WBB. I have 4 lower bowl seats and it was around $1200. I have 4 men’s tix in the 200 level and it was $1600.
You can get 300 level WBB tickets for $75 for the whole season
LSU Men's basketball made $2.15M via ticket sales the last fiscal year.
LSU Women's basketball made $1.379M via ticket sales.
Not a huge difference.
Baseball made more than that with $3.5M in ticket sales.
Private contributions broke down like this:
Baseball- $3.38M
MBB- $1.482M
WBB- $1.318M
Posted on 2/11/25 at 8:51 am to Ampipe96
quote:
oney. Women’s basketball lost $8.57 million
I remember all the discussion about WBB turning a profit once Mulkey was hired.
Well I believe we have the answer now. Despite increasing ticket sales and winning a NC the losses doubled.
Posted on 2/11/25 at 8:54 am to Mickey Goldmill
quote:
It'll be interesting to see if WBB can get closer to breaking even in the next couple of years.
Why do you think that? Unless there’s a massive tv deal for WBB it’s not going to get much better if it gets better at all.
Posted on 2/11/25 at 8:55 am to Ampipe96
quote:
Tickets are significantly cheaper for WBB. I have 4 lower bowl seats and it was around $1200. I have 4 men’s tix in the 200 level and it was $1600. You can get 300 level WBB tickets for $75 for the whole season
You’d think they’d charge the same for tickets, why the difference?
This post was edited on 2/11/25 at 8:58 am
Posted on 2/11/25 at 8:59 am to Y.A. Tittle
quote:
Abandoning seemingly all concern about men’s basketball is about the stupidest thing a major college athletics program could do
Yet, few schools support every major sport at a high level. The reality is the fans and money support football and baseball and it will always be that way at LSU. You can't force private donors to prioritize basketball when it's just not culturally our sport of choice. It is what it is.
Woodward made the calculus it's easier to win in women's hoops so he invested there because it had worked before. LSU will always be a men's hoops program that will need to hope to hit on an up-and-coming coach to be good. Otherwise, you just have to know your place and accept it. Every school wants to be good in every sport but it's not realistic. This is hardly the same as "abandoning".
Posted on 2/11/25 at 9:01 am to Ampipe96
Surprised about mens basketball and basebal
Posted on 2/11/25 at 9:24 am to doubleb
quote:
Why do you think that? Unless there’s a massive tv deal for WBB it’s not going to get much better if it gets better at all.
There was. I thought we talked about it a while back.
quote:
On Thursday, the NCAA and ESPN announced an eight-year, $920 million extension to their current media rights package of 40 NCAA championships, including the ever-growing women’s March Madness tournament.
The deal, which will begin on Sept. 1, will pay out an average of $115 million per year, with women’s March Madness valued at $65 million of that number, NCAA President Charlie Baker tells Front Office Sports. The contract will end in 2032 to correspond with the end of the men’s tournament deal with CBS and Warner Bros. Discovery. Endeavor’s IMG and WME Sports worked with the NCAA on the package.
In an era of unprecedented cost-cutting for broadcasters, the package is a major win for the frequently criticized NCAA: It’s triple the price of the current package, which averages $34 million per year for 29 championships.
They are also implementing performance units for WBB teams like they have on the men's side so the deeper in the tournament you go, the more you make.
The financial reporting doesn't exactly tell the whole story here either. ESPN pays for the media rights in a large bundle so nothing is specifically allocated toward WBB. In the financial reporting document, it shows media rights brought in $15M for football, $4.3M for MBB, and zero for WBB. The "Non-Program Specific" media rights brings in $24M. That is the pot that WBB and Baseball are in.
This post was edited on 2/11/25 at 9:38 am
Posted on 2/11/25 at 9:25 am to Ampipe96
quote:
Women’s basketball lost $8.57 million
Get rid of it
Posted on 2/11/25 at 9:30 am to burreauxxx
quote:
Yet, few schools support every major sport at a high level. The reality is the fans and money support football and baseball and it will always be that way at LSU. You can't force private donors to prioritize basketball when it's just not culturally our sport of choice. It is what it is.
Woodward made the calculus it's easier to win in women's hoops so he invested there because it had worked before. LSU will always be a men's hoops program that will need to hope to hit on an up-and-coming coach to be good. Otherwise, you just have to know your place and accept it. Every school wants to be good in every sport but it's not realistic. This is hardly the same as "abandoning".
Tennessee just won the baseball title, made the playoff in football, is top 5 in men's basketball, and has probably a top 3 resourced women's basketball program. What do you think they have that LSU doesn't?
Posted on 2/11/25 at 9:33 am to saintsfan22
A better basketball coach
Posted on 2/11/25 at 9:38 am to Ampipe96
quote:fricking retarded
Women’s basketball lost $8.57 million
Posted on 2/11/25 at 9:40 am to Ampipe96
quote:Yeah if only the TV Networks would way over pay for a program that no one was watching then it makes total sense right?
Mainly because of coaches salary and the payout for making the tournament and winning games is significantly less than the men’s team. If the revenue share from the tv deal was equal then it wouldn’t be as bad of a loss
It's insane that LSU loses almost 10 million dollars a year on women's basketball. How anyone could justify this is beyond me.
Posted on 2/11/25 at 9:54 am to Mickey Goldmill
The tv deal is good, but it’s not a massive deal like MBB. It won’t be enough to put them in the black.
But look at the big picture. LSU took in almost 20 million dollars more in the reporting fiscal year than the previous fiscal year. This is a huge 10% increase. However, they spent almost all of the additional revenues.
The Athletic Dept. is like most govt. entities. They spend what they take in. They took in 220 million and spent 219 million. The previous year they took in 200 million and spent almost 200 million.
Obviously the goal of the department is to break even. It is not to turn a profit.
Also note thd Ath. Dept. took in record dollars thanks to generous donors mostly, but the athletes don’t receive any of these dollars yet. When they do(revenue sharing) there will be big changes.
But look at the big picture. LSU took in almost 20 million dollars more in the reporting fiscal year than the previous fiscal year. This is a huge 10% increase. However, they spent almost all of the additional revenues.
The Athletic Dept. is like most govt. entities. They spend what they take in. They took in 220 million and spent 219 million. The previous year they took in 200 million and spent almost 200 million.
Obviously the goal of the department is to break even. It is not to turn a profit.
Also note thd Ath. Dept. took in record dollars thanks to generous donors mostly, but the athletes don’t receive any of these dollars yet. When they do(revenue sharing) there will be big changes.
Posted on 2/11/25 at 10:04 am to Ampipe96
How much money could we save by dropping baseball before the season starts?
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