TexasTerror
February 25th, 2008, 09:54 PM
Great write-up, thanks LFN for posting on the championshipsubdivisionnews.com web site!
It does sound rather risky! The students are paying for the shortcomings of the athletic department in San Marcos. The article provides math that does not paint a rosy picture for the folks there...
A Conference-USA school, which is the level to which Texas State should aspire, spends around $7 million on football. Some programs can balance those expenditures with revenues, and others can’t. The question at Texas State is how to make it work.
For the reporting year ending last Aug 31, Texas State ran its athletic department slightly better than even – $13.3 million in revenues against $12.6 million in expenditures. Student fees deserve nearly all of the credit, and football deserves none. Texas State football generated a mere $639,253 after expenditures of $2,346,453.
Even at its lower level of large college football, Texas State spent nearly four times the money it generated to line up and kick off. Now, Texas State is looking to basically triple its football expenditure when it’s already losing four times what it makes. Sounds like a pretty risky proposition.
http://www.championshipsubdivisionnews.com/?title=pain-or-gain-for-texas-state
It does sound rather risky! The students are paying for the shortcomings of the athletic department in San Marcos. The article provides math that does not paint a rosy picture for the folks there...
A Conference-USA school, which is the level to which Texas State should aspire, spends around $7 million on football. Some programs can balance those expenditures with revenues, and others can’t. The question at Texas State is how to make it work.
For the reporting year ending last Aug 31, Texas State ran its athletic department slightly better than even – $13.3 million in revenues against $12.6 million in expenditures. Student fees deserve nearly all of the credit, and football deserves none. Texas State football generated a mere $639,253 after expenditures of $2,346,453.
Even at its lower level of large college football, Texas State spent nearly four times the money it generated to line up and kick off. Now, Texas State is looking to basically triple its football expenditure when it’s already losing four times what it makes. Sounds like a pretty risky proposition.
http://www.championshipsubdivisionnews.com/?title=pain-or-gain-for-texas-state