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Woman’s basketball does not match these ridiculous salaries mentioned

Posted on 4/23/21 at 4:03 pm
Posted by zed44
baton rouge
Member since Dec 2006
2613 posts
Posted on 4/23/21 at 4:03 pm

Why would Lsu pay that kind of money for woman’s basketball (really)
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84859 posts
Posted on 4/23/21 at 4:04 pm to
Posted by ForeverLSU02
Albany
Member since Jun 2007
52148 posts
Posted on 4/23/21 at 4:04 pm to
STFU
Posted by PenguinPubes
Frozen Tundra
Member since Jan 2018
10804 posts
Posted on 4/23/21 at 4:05 pm to
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66440 posts
Posted on 4/23/21 at 4:06 pm to
I’m surprised people disagree with you here. For a sport that loses money, it’s crazy to spend so much. I’d rather stick those extra millions a year into a money making sport.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84859 posts
Posted on 4/23/21 at 4:08 pm to
quote:

I’m surprised people disagree with you here. For a sport that loses money, it’s crazy to spend so much. I’d rather stick those extra millions a year into a money making sport.


Crazy that some people want LSU to be successful in all areas, not just the SEC football franchise portion.

Also it’s a University, not a GAP outlet that needs to hit its quarterly numbers.
Posted by tigerbait2010
PNW
Member since May 2006
29225 posts
Posted on 4/23/21 at 4:11 pm to
If you can hire a top 2 coach in any sport that wants to come to LSU, you make it happen. She's also a huge personality that'll be great for a school that desperately needs PR help.

if it were anyone besides Kim Mulkey I'd be pissed, but this is an outlier situation.
Posted by jrctiger84
New orleans
Member since Aug 2013
617 posts
Posted on 4/23/21 at 4:13 pm to
quote:

I’m surprised people disagree with you here. For a sport that loses money, it’s crazy to spend so much. I’d rather stick those extra millions a year into a money making sport.


Do you not think if seats were consistently filled with asses watching a good product on the floor that it would not make money. Really!!!!!!!!
Posted by jkylejohnson
Alexandria
Member since Dec 2016
14007 posts
Posted on 4/23/21 at 4:14 pm to
Why the frick is this whole board so GD triggered over this. It's not your money so why does it matter.
Posted by Copernicus
South FL
Member since Sep 2017
786 posts
Posted on 4/23/21 at 4:15 pm to
The idea is to use women’s basketball to be a loss leader and help solidify the LSU brand. It’ll never be profitable, but it can be useful beyond the expensive rot it currently is.
Posted by DeathValley85
Member since May 2011
17176 posts
Posted on 4/23/21 at 4:19 pm to
I sure wouldn’t mind watching an LSU team win a natty. Simple as that.
Posted by TigerBait55
Member since Nov 2011
2570 posts
Posted on 4/23/21 at 4:22 pm to
To say, many of y’all tell us (even though we don’t ask) that you don’t care about Women’s Basketball.... there are a TON of threads this week.
Posted by OchoDedos
Republic of Texas
Member since Oct 2014
34096 posts
Posted on 4/23/21 at 4:24 pm to
quote:

I sure wouldn’t mind watching an LSU team win a natty. Simple as that.

And they'd still lose money.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84859 posts
Posted on 4/23/21 at 4:26 pm to
quote:

And they'd still lose money.


Those men’s basketball profitability banners they hang in the PMAC definitely cast a big shadow.
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66440 posts
Posted on 4/23/21 at 4:27 pm to
quote:

Crazy that some people want LSU to be successful in all areas, not just the SEC football franchise portion.

Also it’s a University, not a GAP outlet that needs to hit its quarterly numbers.


I want LSU to be good at everything, but I don’t want LSU football paying a head coach $15M per year like I don’t want women’s basketball paying $3M per year. It’s all proportional to what the sport generates, which of, women’s basketball generates no profit.

And no, it’s not the GAP outlet. That doesn’t mean you should be fiscally irresponsible either. But your argument alone that there’s no quarterly number means you know that it’s fiscally irresponsible too, but that you just don’t have to justify it.
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84859 posts
Posted on 4/23/21 at 4:35 pm to
quote:

But your argument alone that there’s no quarterly number means you know that it’s fiscally irresponsible too, but that you just don’t have to justify it.


What’s fiscal responsibility in this context? Nikki makes 700k at the moment, if we bump that HC salary to 2.7 then to make up the difference you need to sell roughly 8,000 more tickets per game at $12-13 each over 20 home games a year to make up that difference. Maybe 8,000 is optimistic but that’s before factoring in concession revenue of that extra attendance and also before any new sponsorship or donation revenue. I think it’s it a safe bet the injection of enthusiasm + winning big will bring in at least enough to cover the expense, don’t you?

And all of that is before factoring in how badly LSU needs a PR win at this moment in time to try and restart the general fundraising efforts, which are currently in the toilet.
This post was edited on 4/23/21 at 4:37 pm
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
66440 posts
Posted on 4/23/21 at 4:56 pm to
Well, LSU women's basketball played 15 home games in 2019-2020. (not 20)

You were also optimistic in attendance, especially for some non-conference games. LOL if you think you'll get 8,000 in attendance for women's basketball against Nicholl's on a Tuesday night.

Instead of covering the expenses, you could just hire an up and comer at a lower cost and potentially garner the same benefits you just spoke about. Either way, LSU women's basketball will never be profitable.

Instead of "covering your expenses" and breaking even ... why not push it to a revenue generating sport where you can potentially earn on your investment. Crazy, i know.
This post was edited on 4/23/21 at 4:58 pm
Posted by TSS4LSU
Birmingham
Member since Nov 2003
742 posts
Posted on 4/23/21 at 4:59 pm to
Look at gymnastics...packed house. I don’t see why that wouldn’t translate to BB alao
Posted by Draconian Sanctions
Markey's bar
Member since Oct 2008
84859 posts
Posted on 4/23/21 at 5:02 pm to
quote:

Well, LSU women's basketball played 15 home games in 2019-2020. (not 20)


I went back to 2018-19 as it was the last non covid year, we played 20 that season.

quote:

You were also optimistic in attendance


Hard to say, if you get say 2,500 new season tickets out of it then those are counted whether they show up for Nichols or not.

Based on the mid 2000’s run and how many tickets they sell for gymnastics it’s not unreasonable to expect a big boost. Whether it can average 8,000 more annually I’m not sure but, as I said, that’s before other revenues are even counted. I really don’t see how you can be skeptical that LSU can at the very least make back the HC salary bump.

quote:

Either way, LSU women's basketball will never be profitable.


Like I said earlier in the thread, those men’s basketball profitability banners sure do cast a big shadow, don’t they?

Bizarre how hostile some of you are to this on the grounds of “profitability”. Do any of you business majors have any clue about the concept of brand equity?

quote:

why not push it to a revenue generating sport where you can potentially earn on your investment


Why do you assume the situation is zero sum? You sound like the people who complain because LSU didn’t spend the football ops money on a new library.

This is the closest thing you can get to a guaranteed success and you want to save the money for a future Bo Pelini buyout? Joe Dean would be proud.
This post was edited on 4/23/21 at 5:16 pm
Posted by scott8811
Ratchet City, LA
Member since Oct 2014
11336 posts
Posted on 4/23/21 at 5:17 pm to
I think a lot of posters posting this shite must have forgotten how fun it was when the womens team fricking lived in the final four
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