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re: I’m good with putting all finances towards football and baseball

Posted on 3/16/25 at 2:06 pm to
Posted by MikeTheTiger71
Member since Dec 2021
4300 posts
Posted on 3/16/25 at 2:06 pm to
quote:

Men’s basketball is the only sport besides football that makes revenue would be stupid to ignore it. Football is the priority but it is a false choice to say you must choose either baseball or basketball


MBB makes money due to its share of conference TV and postseason revenue. It has little to do with the strength of the team or lack thereof.
Posted by Madking
Member since Apr 2016
66702 posts
Posted on 3/16/25 at 2:10 pm to
Eh, that’s only the case when we’re a bottom dweller the way we are currently. When we’re making the post season we double what we’re pulling in now.
Posted by Tom Bronco
Austin, TX
Member since Jun 2011
2873 posts
Posted on 3/16/25 at 2:17 pm to
These are basically ignorant lies. The baseball team does not make a profit every year and live attendance at baseball games can't come close to tv revenue for basketball. You baseball fanatics never seem to comprehend how few parts of the country care about college baseball. College basketball has a much bigger fanbase nationwide.
Posted by Endorphins
Member since Jun 2022
1583 posts
Posted on 3/16/25 at 2:26 pm to
That’s not what I said. You are compartmentalizing my sentences. I was comparing our baseball team numbers against our basketball numbers directly.

Basketball doesn’t bring in the top attendance numbers in the sec. There are reasons why I used those specific characterizations.

And baseball does turn profit almost every year. If it doesn’t once in a 2-5 year period it is an anomaly. They aren’t lies, you just compared it and comprehended it differently in a way that I didn’t intend it to.
Posted by otowntiger
O-Town
Member since Jan 2004
16764 posts
Posted on 3/16/25 at 2:46 pm to
quote:

I’m good with putting all finances towards football and baseball
uhhh… no.
Posted by Jenar Boy
Elsewhere
Member since Aug 2013
14210 posts
Posted on 3/16/25 at 3:10 pm to
Baseball has generated + revenue for years until last season. Get your shite straight before you talk non-sense.
Posted by tigahlovah
virginia beach, va
Member since Oct 2009
4226 posts
Posted on 3/16/25 at 3:14 pm to
You and I have a different definition of "pulling their own weight". I suggest you check out the financial report LSU releases annually that details which two sports operate in the black, and how much each of the other sports HEMMEROGE cash.
Posted by WDAIII
Member since Aug 2020
4205 posts
Posted on 3/16/25 at 3:16 pm to
quote:

Basketball meh


Wrong
Posted by turnpiketiger
Member since May 2020
12045 posts
Posted on 3/16/25 at 3:16 pm to
quote:

with revenue sharing coming on top of the NIL era, LSU obviously doesn’t have the funds to compete in all 3 sports.


Tell that to Tennessee. They sure seem to have cracked the code and don’t even try to tell me they got way more money than LSU. It’s equal if anything
Posted by Shaq4prez
The Deaf Dome
Member since Oct 2021
4739 posts
Posted on 3/16/25 at 3:28 pm to
quote:

We are the most storied program in college baseball. We need to double down there and dominate every year.

Basketball meh


Thanks for your opinion. I'm sure the administration will consider it
Posted by Tom Bronco
Austin, TX
Member since Jun 2011
2873 posts
Posted on 3/16/25 at 3:44 pm to
Please provide link for proof that baseball turns a profit.
Posted by Madking
Member since Apr 2016
66702 posts
Posted on 3/16/25 at 3:45 pm to
It has in a few seasons but not every year up until last season like that poster is suggesting.
Posted by OU812
Michigan
Member since Apr 2004
13569 posts
Posted on 3/16/25 at 3:46 pm to
I agree 100%...roundball meh
Posted by Big EZ Tiger
Member since Jul 2010
26295 posts
Posted on 3/16/25 at 3:47 pm to
quote:


The Wadepanzees keep posting this so lets see the numbers side by side for mens BB and womens BB.

All I've seen so far is mens BB makes a 100 million a year and womens BB loses 100 million.

So lets see a revenue breakdown for attendance, concessions, tv money etc.


Here you go:


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:

The investment has turned LSU women’s basketball into a consistent national contender under Mulkey, but the program lost $8.57 million overall.

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.


nola.com lsu athletic department profit & loss





Posted by SofaKingTrill
Member since Mar 2008
8049 posts
Posted on 3/16/25 at 3:51 pm to
quote:

This is the answer that should end all these dumb Woodward/basketball threads.


That's true, if you're a dumbass. LSU is capable of funding all three of Football, Basketball, and Baseball. They just have a dogshit coach in Basketball.

Posted by Endorphins
Member since Jun 2022
1583 posts
Posted on 3/16/25 at 3:52 pm to
I’m not going to do your research for you. You were so confident and wrong, it was amusing to read. If you don’t learn how to research yourself, you’ll keep getting your information wrong and look like a dumbass.

I’ll give you a hint, LSU releases a statement every year on their financials.
The only one here who is ignorant is you, considering you don’t even know where to look. How about you educate yourself?
This post was edited on 3/16/25 at 3:53 pm
Posted by Madking
Member since Apr 2016
66702 posts
Posted on 3/16/25 at 4:10 pm to
Except that’s where he got his info and you’re wrong. Last season baseball lost 1.9 million and the year before that when we won the CWS we lost money as well. Maybe you just don’t know how to read the financial statements.
Posted by doubleb
Baton Rouge
Member since Aug 2006
41836 posts
Posted on 3/16/25 at 4:27 pm to
I heard this from someone who would know.
When they sell athletic gear unless the name of the sport is written on the gear the administration is credited with the revenue. All game concessions are credited to the administration and not to the sport at which it was sold.

I was told there is a lot of creative accounting like that.
Posted by Madking
Member since Apr 2016
66702 posts
Posted on 3/16/25 at 4:35 pm to
That makes sense and to be clear this isn’t about taking sides it’s just a reality. Baseball making as much as it does is a great thing for the program. Even when they don’t break even they’re limiting how much we lose which is a plus relatively speaking. It still doesn’t compare to basketball, making a million in profit during your worst years is better than losing money, breaking even or turning a small profit in your best.
This post was edited on 3/16/25 at 4:40 pm
Posted by lostinbr
Baton Rouge, LA
Member since Oct 2017
12661 posts
Posted on 3/16/25 at 4:48 pm to
quote:

quote:

always turns a profit
nope, lost almost two million last year

What source are you using for this statement?

If you look at LSU’s financial report for FY 24 it will tell you that baseball lost $4.3 million. But the same report will also tell you that basketball lost $7.1 million.

If you look at the LLA audit report for FY 24 it will tell you that basketball made $1.0 million in excess of expenditures, but it lumps baseball in with “other sports” so you can’t directly compare the two programs.

As far as I can tell there’s no reliable way to make an apples-to-apples comparison unless you exclude media rights and conference distributions, which are huge revenue sources for both sports.
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