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More money, less problems? Comparing Neal Brown’s first two WVU contracts
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<blockquote data-quote="WVUALLEN" data-source="post: 131682289" data-attributes="member: 1112294"><p>No tax money goes to coaches salaries. </p><p></p><p>West Virginia's athletic department ranked 37th nationally in overall revenue in the 2017-18 school year and 4th in Big 12, according to data published by USA Today Monday. WVU produced $102,684,423 in revenue, which was a decrease from the $110.5 million produced by the department the previous year.</p><p></p><p>The numbers still demonstrate the importance of West Virginia’s move to the Big 12 in 2012-13.</p><p></p><p>Covid cost WVU in the neighborhood of $65 million for the 2020-21 fiscal year, according to West Virginia director of athletic Shane Lyons. Will be operating in the red by $18 million more if they had not played those 10 games. Their IMG account is an annual value of $7.8 million, or at least that’s the amount that was previously guaranteed.</p><p></p><p>WVU’s multimedia rights deal is part of its $93 million athletic department budget. Of that budget, approximately $60 million are fixed costs for things like scholarships, salaries for contract employees, utilities and all the other day-to-day bills that must be paid by the Mountaineers.</p><p></p><p>I doubt WVU is missing your pennies.</p><p></p><h4>Big 12 athletic revenue and expenses, 2017-18*</h4> <table style='width: 100%'><tr><td></td><td><strong>Revenue</strong></td><td><strong>Expenses</strong></td></tr><tr><td>Texas</td><td>$219,402,579</td><td>$206,554,432</td></tr><tr><td>Oklahoma</td><td>$175,325,500</td><td>$152,674,475</td></tr><tr><td>Kansas</td><td>$106,307,326</td><td>$104,108,072</td></tr><tr><td>West Virginia</td><td>$102,684,423</td><td>$91,807,281</td></tr><tr><td>Texas Tech</td><td>$89,259,783</td><td>$88,948,721</td></tr><tr><td>Iowa State</td><td>$88,753,664</td><td>$88,670,048</td></tr><tr><td>Oklahoma State</td><td>$88,516,367</td><td>$88,228,667</td></tr><tr><td>Kansas State</td><td>$86,911,309</td><td>$77,633,258</td></tr></table><p>*Data unavailable for Baylor and TCU</p><p></p><p>This from article on MSN in 2019.</p></blockquote><p></p>
[QUOTE="WVUALLEN, post: 131682289, member: 1112294"] No tax money goes to coaches salaries. West Virginia's athletic department ranked 37th nationally in overall revenue in the 2017-18 school year and 4th in Big 12, according to data published by USA Today Monday. WVU produced $102,684,423 in revenue, which was a decrease from the $110.5 million produced by the department the previous year. The numbers still demonstrate the importance of West Virginia’s move to the Big 12 in 2012-13. Covid cost WVU in the neighborhood of $65 million for the 2020-21 fiscal year, according to West Virginia director of athletic Shane Lyons. Will be operating in the red by $18 million more if they had not played those 10 games. Their IMG account is an annual value of $7.8 million, or at least that’s the amount that was previously guaranteed. WVU’s multimedia rights deal is part of its $93 million athletic department budget. Of that budget, approximately $60 million are fixed costs for things like scholarships, salaries for contract employees, utilities and all the other day-to-day bills that must be paid by the Mountaineers. I doubt WVU is missing your pennies. [HEADING=3]Big 12 athletic revenue and expenses, 2017-18*[/HEADING] [TABLE] [TR] [TD][/TD] [TD][B]Revenue[/B][/TD] [TD][B]Expenses[/B][/TD] [/TR] [TR] [TD]Texas[/TD] [TD]$219,402,579[/TD] [TD]$206,554,432[/TD] [/TR] [TR] [TD]Oklahoma[/TD] [TD]$175,325,500[/TD] [TD]$152,674,475[/TD] [/TR] [TR] [TD]Kansas[/TD] [TD]$106,307,326[/TD] [TD]$104,108,072[/TD] [/TR] [TR] [TD]West Virginia[/TD] [TD]$102,684,423[/TD] [TD]$91,807,281[/TD] [/TR] [TR] [TD]Texas Tech[/TD] [TD]$89,259,783[/TD] [TD]$88,948,721[/TD] [/TR] [TR] [TD]Iowa State[/TD] [TD]$88,753,664[/TD] [TD]$88,670,048[/TD] [/TR] [TR] [TD]Oklahoma State[/TD] [TD]$88,516,367[/TD] [TD]$88,228,667[/TD] [/TR] [TR] [TD]Kansas State[/TD] [TD]$86,911,309[/TD] [TD]$77,633,258[/TD] [/TR] [/TABLE] *Data unavailable for Baylor and TCU This from article on MSN in 2019. [/QUOTE]
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More money, less problems? Comparing Neal Brown’s first two WVU contracts
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