fwiw
http://www.jsonline.com/blogs/sports/134133158.html
The headline editor really makes this misleading. Yeah it is "high cost," but it also "high revenue."
Remember when DePaul went fishing for a "big name" coach, and Lenti-Ponsetto said she was going to go out and offer as much as 3 million a year to get a name coach?
I can just imagine how the preliminary conversations went. "Okay, after my salary, how much will be in the budget for my assistants, traveling, facility upgrades, etc.? Huh?
The requisite response is "it's been done," but this is par for the course with Don Walker. At this point, the guy is more likely to break his hip then break a news story.
First we lose Rosiak. Then Walker ramps up his anti-MU fetish. What's next?
Not sure he wrote the headline...oftentime that is up to someone else.
Quote from: Benny B on November 18, 2011, 04:20:21 PM
The requisite response is "it's been done," but this is par for the course with Don Walker. At this point, the guy is more likely to break his hip then break a news story.
First we lose Rosiak. Then Walker ramps up his anti-MU fetish. What's next?
Pretty sure Don Walker was a Marquette grad....?
Ah crap, here we go again!
The blowhards deep in some obscure academic department wondering why their grants for study of 18th century goofballism isn't granted will inevitably scream about the basketball coach being the highest paid Marquette employee and the basketball team costing $10.0 million or so.
It's the same mentality that probably drove off Al and nearly degraded the program to mid-major status less than 10 years after we won the national title. I'm just afraid that these facts will spur a backlash. Here's hoping I'm VERY wrong!
How lucky for DePaul that their revenue is exactly the same amount as their expenses!
What I want to know is how does Looeyville have North of $40 million in revenue? I thought Duke was #1 with about $28 million? How does Louisville have nearly $12 million more in revenue?
Sounds like some fishy accounting to me.
It's all fishy accounting. Different schools account for things in different ways. For example, if the school owns it's arena, is the building maintenance accounted for under the bball program, or under the general building fund? Marquette rents the BC, so that's a straight expense for the bball program. Some schools charge the band for their tickets to make the athletic department look a little better, and then run a deficit in the music dept. Is the weight room accounted for in the football team budget? Is tuition considered a bball program expense? so does that make the budget at someplace like Marquette look larger than a state school with lots of players from in-state?
Does a private school like Marquette want to make their bball program look more expensive to encourage more donations? Does a state school want to make their athletic dept. look less expensive so it looks like taxpayers are not subsidizing athletics?