re: Athletic P&L 2025 forward

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How does LSU benchmark against same archetype athletics dept?

Facilities & Ops
Coaches salaries
Team travel
Game day experience
Recruiting
Technology
Marketing, branding. Licensing
Administration

If you were to take a guess, does LSU benchmark at, above or below equivalent Athletic Depts in terms of per athlete costs?

My sense is there is fat. How many asst coach analysts and paper title sports administration roles are hanging off of the rafters in bldg?

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Okay, so...

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What do you think he should cut?

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Woodward is going to do what he does best, spending other people’s money.

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Fify

Why do people bitch about everything and coach at LSU.Louisiana has the worst sports fans in the country.SW has brought in 2 NCs coaches and has brought LSU into the nil game.So far the only questionable hire has been Matt McMan.BK has won 29 games with a program that was a dumpster fire when he took over 3years ago.KM ,JJ,BK have been great hires but there’s always a small group of so-called fans the bitch about everything, it’s sad.

Why is it always people who have absolutely no clue how any of this works making these threads?

And it's never asking questions trying to better understand. It's never offering up potential better solutions. It's just a bunch of random words thrown together that just further prove that the poster is lost.

Via Houston Chronicle recent article on Texas A&M. If Aggies are cutting then maybe we should? Article summary follows -- The university's cuts will come from about $1 million in decreased expenses tied to the number of student-athletes; more than $2 million in cuts for sports teams (roughly 2-8% budget reduction); nearly $4 million, or more, in cuts to department administrative staff, department support and team support staff; and moving away from the $1.8 million provided in Alston Awards, which are four-figure annual funds student-athletes can use for academic-related expenses.

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Non revenue generating sports

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Well first, all sports produce revenue. I’m assuming you are talking about non profit generating sports. So is your solution to cut those sports or just cut the spending on those sports? For example, a couple of our biggest money losing sports are women’s basketball and Track & Field, but we are good at those sports. Do suggest we cut spending on those? We lose more money on baseball than we did when we weren’t winning championships.

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Administrative positions, like Verge Ausberry's role. He makes a very healthy salary for scheduling. Not exactly rocket science. Check out the athletic department website -- just a little bloat over the last 25 years?

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I’m not familiar enough with all of those positions and have no clue how much other schools have been cutting them so I can’t comment on that. Perhaps there’s some savings there.

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Via Houston Chronicle recent article on Texas A&M. If Aggies are cutting then maybe we should? Article summary follows -- The university's cuts will come from about $1 million in decreased expenses tied to the number of student-athletes; more than $2 million in cuts for sports teams (roughly 2-8% budget reduction); nearly $4 million, or more, in cuts to department administrative staff, department support and team support staff; and moving away from the $1.8 million provided in Alston Awards, which are four-figure annual funds student-athletes can use for academic-related expenses.

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Let’s do some math here.

Texas A&M’s athletic department spent $243 million in FY24.

LSU’s athletic department spent $221 million in FY24.

Texas A&M announced they were cutting about $10 million in spending. Which means their baseline spending (without accounting for revenue sharing) is still $12 million higher than LSU even after A&M’s cuts. But you think LSU needs to cut spending to be more like A&M?

That’s without accounting for the reality that LSU likely is cutting spending.

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Easy make each sport its own P&L center that will weed out a lot of the non revs(WBB lost $8M, Gymnastics, Golf, etc). You make money or break even, otherwise it’s on you as the coach/team to win and create a positive revenue source. That’s running a true business but then politics, favors and title 9 get involved and it screws up things.

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Those sports are going to lose money regardless. They don't have the big TV contracts associated with them. Your options are to either lean into the sports and make whatever money back that you can or let them falter and have no chance of making money.

LSU Baseball loses money and has lost money since 2022. And, with having to fully fund 34 schollies now and a big raise for the coaches, LSU Baseball will be losing millions more going forward.

The new media contract for basketball splits MBB and WBB apart and will, going forward, allocate much more $$$ to WBB. The new WBB NCAA Ty media contract will allocate $250K to $5 million to participants based on how far they get in the Ty. At least WBB has the potential of much more revenue over the next few years.