sycasey said:
Cal Strong! said:
sycasey said:
Cal Strong! said:
sycasey said:
Cal Strong! said:
But another problematic claim is that that the administration needs to step up more in terms of greater financial commitments. This flows from Sebastabear's (mistaken) view that the administration has under-invested in revenue sports.
Cal Strong was in communication with Chancellor Christ's team in the early days of the conference meltdown -- shortly after Oregon and UW left -- long before the decision was made to go full speed ahead at petitioning the ACC. There were discussions of bringing Cal Strong on as a consultant.
From these meetings, Cal Strong can tell you that there were serious voices in the room about shutting football down entirely -- because it is perceived that the University invests WAAAAAYYYYYY too much in it considering the outcomes it produces.
Can you explain why you think Sebastabear is "mistaken" here? He provided the numbers for how much Cal spends on football and compared to how much other Pac-12 schools spend and showed it is less. Are those numbers wrong?
Your only rebuttal is, effectively, to say that other people at Cal FEEL like they are spending too much on football. Well, no s***. That doesn't make them right.
Yes, Sebastabear is mistaken on some of the numbers. But this is not an indictment of him. Cal Strong has no interest in dumping on Sebastabear. And he is not permitted to share work product.
So Cal is not spending less on football than Utah? Where does Cal land in terms of spending on revenue sports, relative to peer schools?
You are letting your FEELings into this. Please read above.
Pretty sure that was just a direct request for facts, but okay.
I'm not here to dump on either guy's portrayal of the numbers, but according to the financial statements released by Cal, in 2022 Cal's operating expenses for football were $29,536,009. It was $29M in 2020 and $30M in 2019. (it was $19M in 2021, but that was because of Covid)
Those numbers don't include the $5M per year debt service on SAHPC which are not operating expenses.
Just providing straight numbers as asked.
Utah on the other hand, had $40M in football operating expenses in 2022. (again off their public financial statements. However, in fairness, $4M was directly attributable to its bowl game (travel expenses and coaching bonuses).and they made money on that as well. And then the last difficult part is that $40M includes leases, rentals and debt service of $11M (mainly for facilities). Technically debt service is not operating expenses, but the others are. It's not broken out separately, so I can't tell what that number is. The best I can do is say Utah's football operating expense + debt service is $40M, and Cal's is $34.5M. However, I don't think attributing the one time bowl expenses is fair and that would bring Utah down to $36M. Or if you think that IS fair, I think at most you should acknowledge that Utah also made $3.2M on the bowl, so I think like for like, the number is $36M or $36.8M to $34.5M.
Here's a problem. Donations to Cal football = $3M. Donations to Utah football = $19M.
Total Donations to Cal athletics = $15.5M. Total donations to Utah athletics = $28.5M
Cal's institutional support = $31M, Utah =$5.3M
On the flip side,
Cal student fees = $0, Utah =$6.3M
If I take out the institutional support and student fee numbers from revenue, Utah's total athletic revenue was $102M. Cal's was $89M. Note the donations make up that difference.
On the one hand, Utah is spending a smidge more on football operating expenses. On the other hand, Cal is contributing A LOT MORE, university dollars to operating expenses while Utah's DONORS are spending a lot more on operating expenses.
And before people start saying "yeah, but the university charges us for scholarships, Utah does to and our line items are almost the same for that.
I'm just providing numbers off the financial statements. I'm not making commentary. Except that I will make this one, these are officially reported financial statements and unlike the common refrain, it is not easy to fudge them. They may have some differences in which buckets they report things in, (like Cal breaking out debt on SAHPC separately), but they have to pass accounting muster.