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re: Most recently published LSU sports financials

Posted on 12/13/25 at 7:12 pm to
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1716 posts
Posted on 12/13/25 at 7:12 pm to
Agree 100%. Love the band.
Posted by saint tiger225
San Diego
Member since Jan 2011
46371 posts
Posted on 12/13/25 at 7:13 pm to
Are you retarded or something? You're focused on all the wrong shite. I'm not going to keep explaining it to you.
Posted by Yeti_Chaser
Member since Nov 2017
11709 posts
Posted on 12/13/25 at 7:15 pm to
it's a genuine question and you haven't answered it. Does basketball make more TV money if they are good? Or does the extra revenue only come from ticket sales. If you don't know it's okay, I don't either. But it makes a difference and idk how you don't see that
Posted by LSUbasketballfan
Member since Jan 2021
473 posts
Posted on 12/13/25 at 7:18 pm to
Between Mulkey’s salary and them having to have the fanciest of everything, I get why women’s bball loses a fortune.

But how in the world does track & field lose $7.3MM? Over $2MM in travel expenses?
Posted by SpartanSoul
Member since Aug 2016
2653 posts
Posted on 12/13/25 at 7:23 pm to
You make a good point, and I don't think it makes much difference for the individual team since it seems the money goes to the conference to divvy up.

quote:

Ever wonder how much money teams make from March Madness? ??

The payout formula is complicated, but here's how it goes (per Sportico):

For every win a team gets before the finals, they earn a "unit" for their conference.

After a champion is crowned, the units are added to the respective conferences, and the money earned is divided equally.

But instead of giving each school their slice of the pie up front, payments are distributed over 6 years.

Here's how the math panned out for the 2024 NCAA Tournament (via Sportico):

?? Total earnings from tourney: $226 million
?? 660 total units were to be distributed.
?? 226,000,000 ÷ 660 = $342,000 (the price per unit in 2024)

So each game a team played in March Madness last year was worth around $2 million (eventually) for their conferences, over 6 years.

The ACC had the highest payout in 2024, earning $28.4 million from its 83 units. A conference with only 1 unit each year, like the CAA, earned $1.7 million.

So the payout isn't mind-blowing for big-name schools.

But for a Cinderella school that makes a deep run in a small conference? It changes everything ??



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Posted by dovehunter
Baton Rouge
Member since Sep 2014
1716 posts
Posted on 12/13/25 at 7:28 pm to
Baseball can make more money easily. The season tickets are 100% sold out. The demand is there. You can't get into the Champions Club or a Suite. The revenue is far from maxed out. While I don't t want to pay more for my tickets the DEMAND is real.

There are about 11,000 season tickets. There are about 35 home games. You could raise the ticket price $10 per seat and raise $3.85 M. There would be less than 5% non renewals and those would be all sold in 5 minutes. Baseball SHOULD NOT lose money. The demand is unreal.. LSU is the premier college baseball program in America. To lose money is nothing more than a terrible business management decision.

Premium seating in the grandstands could be raised $20 if you want to give the bleacher guys a break.. Go to Omaha and tell me I'm wrong.
Posted by TdsLaTigers
Member since Nov 2025
81 posts
Posted on 12/13/25 at 7:40 pm to
Women’s basketball tickets are way to cheap.
Posted by Sofaking2
Member since Apr 2023
19450 posts
Posted on 12/13/25 at 7:46 pm to
quote:

If Kim’s WBB is so popular maybe the ticket prices for that sport should be raised. I have 4 season tickets.
My understanding is men’s basketball makes money not so much from attendance but from lucrative TV contracts. Women don’t get those huge contracts because of its lack of popularity.
Posted by LSUDAN1
Member since Oct 2010
10895 posts
Posted on 12/13/25 at 7:52 pm to
To all the so called experts who crapped on anyone that said men's basketball matters because it makes money, can suck it. Could be even more with the right coach. Why Wade should have been brought back.

Posted by LSUFootballLover
BR
Member since Oct 2008
4412 posts
Posted on 12/13/25 at 7:54 pm to
Agree 100%

Season ticket sales would be through the roof and the PMAC would be packed every night.

Also the revenue from making the tournament and winning games would boost LSU as well
Posted by Yeti_Chaser
Member since Nov 2017
11709 posts
Posted on 12/13/25 at 7:57 pm to
I'll ask this again bc I think it got buried in one of my other posts. But does anyone know why football doubled their revenue from 2023 to 2024?
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12470 posts
Posted on 12/13/25 at 7:58 pm to
I didn’t realize these were available
This post was edited on 12/13/25 at 8:38 pm
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12470 posts
Posted on 12/13/25 at 8:10 pm to
quote:

I'm wondering what revenue was deferred? The balance sheet shows LSU Athletics is negative 35M, but it's only because of that.
The statement of net assets was as of June 30th, 2024.

My assumption is that the large deferred revenue balance is for tickets and advertisements sold for the upcoming fall sports. GAAP requires you to keep those as deferred revenue and recognize as occurred. Which in this case is a by game basis.

The payments for football tickets, which is one of the largest drivers, are due in March. That leaves enough time for them to run the difference between assets and liabilities through the income statement and off the balance sheet. Would need a statement of cashflow to confirm where of course, but they don’t provide
This post was edited on 12/13/25 at 8:16 pm
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1716 posts
Posted on 12/13/25 at 8:13 pm to
Let's do the math. You love WBB and Kim. Let's say she sells 10,000 season tickets. Let's say there are 20 home games . 200,000 seat/games. $8,000,000 deficit divided by 200,000=$40 per seat per game.

Do you love it that much? $40x20=$800.00 per season per ticket MORE. I know Title 9, Title 9.

Baseball would be easy to 0 out.

Posted by bigbonvi
Member since Apr 2015
117 posts
Posted on 12/13/25 at 8:14 pm to
NIL.
Posted by AD23
Lab
Member since Jun 2012
1391 posts
Posted on 12/13/25 at 8:25 pm to
Is S&W for football inclusive of NIL or is that just coach wages? If it’s inclusive of NIL, being only 15% of total revenue would suggest we have a ton of room to expand….


LSU has better liquidity than some F500 companies. The pitch deck you could build with these financials should LSU ever need to would crush
Posted by MOT
Member since Jul 2006
30493 posts
Posted on 12/13/25 at 8:27 pm to
quote:

I'll ask this again bc I think it got buried in one of my other posts. But does anyone know why football doubled their revenue from 2023 to 2024?
It must be a timing thing because the more detailed reports on lsusports.net do not reflect that.

ETA: Basketball is only profitable because of the media rights allocation and the NCAA distribution (about 7MM combined).
This post was edited on 12/13/25 at 8:38 pm
Posted by Yeti_Chaser
Member since Nov 2017
11709 posts
Posted on 12/13/25 at 8:33 pm to
quote:

Baseball would be easy to 0 out.

You don't get it. Individual sports don't matter. It's the athletic dept as a whole. Zeroing out baseball does nothing for you if it cost you an equal amount in another sport. We should probably raise ticket prices in both WBB and Baseball. You don't have to raise them enough to zero out WBB but you gotta make a decision. Either spend less or earn more . Charge more for tickets (doesnt have to be $800 more) or hire a cheaper WBB staff
This post was edited on 12/13/25 at 8:36 pm
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12470 posts
Posted on 12/13/25 at 8:37 pm to
Overall impressions

LSU is in a very healthy position. I always knew they were in a good spot but I’m actually impressed.

They could easily wipe out that roughly $1 loss and start operating in the black if they wanted to. There is still juice to squeeze in baseball, and men’s basketball has real growth potential considering most of their expenses are already tapped out.

Swimming is the biggest loser when looking at it from a wholistic approach. Women’s basketball is when looking at it from a purely financial perspective. Track and field looks worse than it really is.

I know we like Kim Mulkey because women’s basketball salary and wages are way out of line
Posted by dovehunter
Baton Rouge
Member since Sep 2014
1716 posts
Posted on 12/13/25 at 8:52 pm to
We are in good shape relative to most. All sports do matter though. If you have a sport where the demand is there (baseball) you raise prices. On the Women’’s sports the real fans need to pay for those. They do to a point. The head coaches need to be incentivized to find ways to bring revenues more in line with expenses. We can improve MBB without a doubt.

This has been a fun look. Thanks to the OP for posting the numbers. Geaux Tigers.
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