Man! I had a whole thread typed out trying to do an evaluation on income and spend for the AD. Then I found this site:
www.collegefactual.com
I don't know what year this is, but it gives a pretty good breakdown. The Cliff notes for all AD expenditures are
$115,139,432 in revenue
$89,722,572 in expenses
$25,416,860 profit
Assuming this is prior to current TV contract ($90 million) and it uses the old contract ($60 Million) that would add another $30 million to the kitty. So you can say a total of $55.5 million.
The issues would be the recent judgement against NCAA schools for NIL compensation ($21 million annually, and that is a moving number) plus retroactive payments to 2016 totaling $160 million per school. I'd really like someone to confirm or deny my assumption here, because this is a HUGE pot of money. That $160 million, even divided up over 10 year payments, add another $16 million to annual costs.
There is also the additional expense of sending every team coast to coast. I have no idea how to calculate that for 600 plus student athletes, coaches, support staff and equipment, but I'll put a number of $3 million in additional travel costs.
Assuming Purdue ups the schollies to 105 for the FB team (now that the 85 limit has been abolished), that's an additional expense of $400K (not counting potenial NIL increases).
So a rough estimate would be somewhere in the range of an additional $40 million in costs (for at least 10 years for the retroactive payments NCAA decision) against $55 million in additional revenue, leading to a $10 million drop over current.
Does that all sound correct?
NIL is supposed to be coming from outside the school, not from it, so that wouldn't impact the AD budget (right?) If you buy out Walters that's $9 million, and assuming you are trying for a better coach and staff that leaves you with $6 million total to play with without going in the red. Does that all line up?
Purdue University - Main Campus Athletics Programs
Learn more about Purdue University - Main Campus sports programs, including how well they rank, how many student athletes the schools has, how much financial aid each student receives , and more.
I don't know what year this is, but it gives a pretty good breakdown. The Cliff notes for all AD expenditures are
$115,139,432 in revenue
$89,722,572 in expenses
$25,416,860 profit
Assuming this is prior to current TV contract ($90 million) and it uses the old contract ($60 Million) that would add another $30 million to the kitty. So you can say a total of $55.5 million.
The issues would be the recent judgement against NCAA schools for NIL compensation ($21 million annually, and that is a moving number) plus retroactive payments to 2016 totaling $160 million per school. I'd really like someone to confirm or deny my assumption here, because this is a HUGE pot of money. That $160 million, even divided up over 10 year payments, add another $16 million to annual costs.
There is also the additional expense of sending every team coast to coast. I have no idea how to calculate that for 600 plus student athletes, coaches, support staff and equipment, but I'll put a number of $3 million in additional travel costs.
Assuming Purdue ups the schollies to 105 for the FB team (now that the 85 limit has been abolished), that's an additional expense of $400K (not counting potenial NIL increases).
So a rough estimate would be somewhere in the range of an additional $40 million in costs (for at least 10 years for the retroactive payments NCAA decision) against $55 million in additional revenue, leading to a $10 million drop over current.
Does that all sound correct?
NIL is supposed to be coming from outside the school, not from it, so that wouldn't impact the AD budget (right?) If you buy out Walters that's $9 million, and assuming you are trying for a better coach and staff that leaves you with $6 million total to play with without going in the red. Does that all line up?
