Basketball budgets- MU #8

[swoopem]

I've been hearing for years about how we have the 2nd largest budget in the nation and then I stumbled across this site which ranks us at 8th, which is still pretty dame good.

http://www.bbstate.com/info/teams-hoopsbudget

This is a very cool website

[ChicosBailBonds]

I've been hearing for years about how we have the 2nd largest budget in the nation and then I stumbled across this site which ranks us at 8th, which is still pretty dame good.

http://www.bbstate.com/info/teams-hoopsbudget

This is a very cool website

That's one site.  There's another (Memphis Business Journal) that does it per athlete spend.  Marquette spent $283K per player, far and away the highest in the nation...not even close.  Next highest was Duke at $163K, Michigan State at $160k, Kansas at $155K.  That was one of the rumblings of the amount we are spending, what kind of ROI.  It's an interesting question. Syracuse spends about $69K per basketball player.  Gonzaga $86K.  Wisconsin $90K.  UCLA $87K. 

http://www.bizjournals.com/memphis/blog/2013/03/more-spending-can-equal-higher-seeds.html?appSession=869277037486344&RecordID=&PageID=2&PrevPageID=&cpipage=1&CPISortType=&CPIorderBy=

[muwarrior69]

I guess that depends on what you mean by ROI. Basketball success or classroom success. If it's the latter I think were doing pretty well.

[Atticus]

These numbers are based off of Dept. of Education figures.

Bogus.

It's not even an apples to oranges comparison; it's more like comparing apples to...pick-up trucks.

[ChicosBailBonds]

I guess that depends on what you mean by ROI. Basketball success or classroom success. If it's the latter I think were doing pretty well.

Agree.  There was an article via ESPN a few years back that focused on wins

http://sports.espn.go.com/espn/page2/story?page=hruby/110128_college_basketball_budgets&sportCat=ncb

[MarquetteDano]

That's one site.  There's another (Memphis Business Journal) that does it per athlete spend.  Marquette spent $283K per player, far and away the highest in the nation...not even close.  Next highest was Duke at $163K, Michigan State at $160k, Kansas at $155K.  That was one of the rumblings of the amount we are spending, what kind of ROI.  It's an interesting question. Syracuse spends about $69K per basketball player.  Gonzaga $86K.  Wisconsin $90K.  UCLA $87K. 

But as you know, the idea that Marquette spends four times as much on basketball than Cuse is comical.  Absolutely no apples to apples comparisons:

- Atheletic "Funds" being allocated across sports even though 1-2 sports is where the money truly goes

- Public University accounting versus what a private school does

- Football schools "subsidizing" basketball

- Motivation for public universities to hide spending on athletic departments

- Overhead allocation application differing across schools

- Tutor programs other academic related programs being allocated to a different P&L's than the athletic departments even though most of the money is used on athletes

- Etc.

[NotAnAlum]

Does it effect the MU numbers that we have to RENT the Bradley Center for our games as opposed to another school that uses an on campus arena which was probably donated to the school?

[Abode4life]

That's one site.  There's another (Memphis Business Journal) that does it per athlete spend.  Marquette spent $283K per player, far and away the highest in the nation...not even close.  Next highest was Duke at $163K, Michigan State at $160k, Kansas at $155K.  That was one of the rumblings of the amount we are spending, what kind of ROI.  It's an interesting question. Syracuse spends about $69K per basketball player.  Gonzaga $86K.  Wisconsin $90K.  UCLA $87K. 

http://www.bizjournals.com/memphis/blog/2013/03/more-spending-can-equal-higher-seeds.html?appSession=869277037486344&RecordID=&PageID=2&PrevPageID=&cpipage=1&CPISortType=&CPIorderBy=

Anyone know how their calculation works?  Seems odd that Duke spent $15 million on basketball expenses, but their per player expense was only 168K.  Didn't know they could have 90+ bball players.  That must be why they are always so good!  Same goes for Kansas.  At least for Mu's calculations it counts at 35 players.

[The Lens]

I think it's hard to truly analyze ROI on this.  We're talking about a Catholic School, with no football team, in Milwaukee, WI.  You're going to have to significantly outspend many of your peers just to get even with them.

[Jay Bee]

It's bad information. Incomplete, inconsistent junk.

bbstate.com is a great site. But most financial data you'll find almost ANYWHERE on college sports spend is poor.

[ChicosBailBonds]

But as you know, the idea that Marquette spends four times as much on basketball than Cuse is comical.  Absolutely no apples to apples comparisons:

- Atheletic "Funds" being allocated across sports even though 1-2 sports is where the money truly goes

- Public University accounting versus what a private school does

- Football schools "subsidizing" basketball

- Motivation for public universities to hide spending on athletic departments

- Overhead allocation application differing across schools

- Tutor programs other academic related programs being allocated to a different P&L's than the athletic departments even though most of the money is used on athletes

- Etc.

Correct, the accounting on this stuff is very inconsistent, been arguing that for years.  Just pointing to another source.

[forgetful]

Anyone know how their calculation works?  Seems odd that Duke spent $15 million on basketball expenses, but their per player expense was only 168K.  Didn't know they could have 90+ bball players.  That must be why they are always so good!  Same goes for Kansas.  At least for Mu's calculations it counts at 35 players.

I agree.  The per student spending is even more dependent on how things are allocated.  My guess is that they are reporting, how much of the spending directly is for the athletes, as opposed to coaching salaries, trainers, equipment, stadium costs etc.

In that regards, it says MU is very committed to the athletes success both on and off the court as a good deal of those expenses are likely due to the educational staff they hire to make sure they are successful in the classroom.