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How Louisville Loses Millions of $$$$$

 
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Ex-Ref



Joined: 04 Oct 2009
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PostPosted: 02/18/19 7:59 pm    ::: How Louisville Loses Millions of $$$$$ Reply Reply with quote

Interesting to see the list of expenses.

Quote:
Ranked second in the polls prior to Sunday's loss to Miami and third nationally in attendance, the University of Louisville’s women’s basketball program is nonetheless the No. 1 source of red ink in the school's athletic department.

No other team exceeds the $3.8 million deficit women’s basketball showed last season. Despite record revenues and a memorable run to the NCAA’s Final Four, the 2017-18 Cardinals generated fewer dollars than coach Jeff Walz was paid in salary, bonuses and benefits.


https://www.usatoday.com/story/sports/ncaaw/2019/02/18/louisville-womens-basketball-succeeds-without-profit/2908400002/



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Ex-Ref



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PostPosted: 02/18/19 8:17 pm    ::: Reply Reply with quote

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Though the last two Women’s Final Fours have sold out, the NCAA makes no distribution to those schools or conferences that participate in the women’s tournament.

By contrast, NCAA distributions to the Atlantic Coast Conference prompted $24.4 million in paydays to member schools in 2017 based on their showings in the men’s tournament.



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pilight



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PostPosted: 02/18/19 8:25 pm    ::: Reply Reply with quote

Ex-Ref wrote:
Quote:
Though the last two Women’s Final Fours have sold out, the NCAA makes no distribution to those schools or conferences that participate in the women’s tournament.

By contrast, NCAA distributions to the Atlantic Coast Conference prompted $24.4 million in paydays to member schools in 2017 based on their showings in the men’s tournament.



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ESPN gives money for the broadcast rights, which is also not distributed



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mzonefan



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PostPosted: 02/19/19 6:57 am    ::: Reply Reply with quote

The differences in travel, equipment and recruiting budgets between the women’s and men’s teams stinks of Title IX violations. How can the men’s team spend nearly a million more than the women for travel?


Nixtreefan



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PostPosted: 02/19/19 12:15 pm    ::: Reply Reply with quote

Because hookers are expensive.

Maybe Walz needs a pay cut Laughing



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pilight



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PostPosted: 02/19/19 12:47 pm    ::: Reply Reply with quote

mzonefan wrote:
The differences in travel, equipment and recruiting budgets between the women’s and men’s teams stinks of Title IX violations. How can the men’s team spend nearly a million more than the women for travel?


The equipment, uniforms and supplies difference is most striking to me. Why would those not be nearly identical?



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TechDawgMc



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PostPosted: 02/19/19 1:39 pm    ::: Reply Reply with quote

pilight wrote:
mzonefan wrote:
The differences in travel, equipment and recruiting budgets between the women’s and men’s teams stinks of Title IX violations. How can the men’s team spend nearly a million more than the women for travel?


The equipment, uniforms and supplies difference is most striking to me. Why would those not be nearly identical?


That one does seem out of whack, but it is just one year's actual numbers -- there could have been some odd supply purchase that just got charged to the men's program.

It's also not clear where any designated funds might have been spent.


Stonington_QB



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PostPosted: 02/25/19 12:43 pm    ::: Reply Reply with quote

Does the women's basketball program have any lucrative TV deals? I see they're selling out games, is that not enough? Genuinely curious.


linkster



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PostPosted: 02/25/19 1:05 pm    ::: Reply Reply with quote

Stonington_QB wrote:
Does the women's basketball program have any lucrative TV deals? I see they're selling out games, is that not enough? Genuinely curious.


Playing to a full arena is different from a sellout. Staley admitted that a whole lot of free tickets have been given out over the last few years.


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