2019 AD Surplus

#1

WoodsmanVol

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#1
Is this for real? If so, ZOUNDS!!!!! We may hit 1 or 2 million in 2020, if not 6mil.

After dealing with a $6.5 million deficit the previous year, the Tennessee Vols athletic budget reported a nearly $790 million surplus for fiscal year 2019, which ended June 30.
Source: Tennessee Vols morning report: Athletic budget back in black
 
#4

IndianaVol

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#4
CRAZY good.

Couple of thoughts.
Wonder how much is increased ticket sales for basketball... don't recall any games at TBA that were not sellouts last season?
Isn't a part of this the delay Fulmer put in place for the Neyland renovations?...if so, very smart move that wasn't super popular at the time.
 
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#5

GAVol

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#5
Revenue
  • Ticket sales: $36.2M ($29M)
  • Contributions: $31.3M ($26.4M)
  • Media rights: $34.9M ($15.2M)
  • Royalties, licensing, advertisement and sponsorships: $13.5 ($10.1M)
Expenses
  • Support staff/administrative compensation, benefits and bonuses: $26.3M ($4.5M)
  • Coaching salaries, benefits and bonuses: $24.6M ($11M)
  • Athletic facilities debt service, leases and rental fee: $16.9M ($11.1M)
  • Athletic student aid: $15.3M ($5.2M)
  • Severance payments: $873,806 ($260,852)
 
#11

IPleadInsanity

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#11
I don't understand the math I guess, seems when you are gifted 44 million in TV revenues with no expense associated with it you would be able to show a surplus? I guess it actually shows they failed to spend all the money! Someone will get canned! Auburn had a 13 million surplus I think? Bama 3 million.
 
#13

jakez4ut

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#13
where does the TV revenue figure in to this? i didn't see that mentioned in the article at all? there's $44M hanging out looking for something to do?

lol.
 
#14

IPleadInsanity

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#14
I hope I am reading this wrong.....Not surprisingly, men’s basketball's ticket revenue surged to $5.2 million to reflect Tennessee’s 2018-19 season that saw the Vols reach the No. 1 ranking in the country. That marked an increase of about $800,000 in ticket revenue compared to the previous fiscal year.

So all of the basketball ticket revenues go toward paying the coaches salary? Guess football/SEC splits are pulling the load.
 
#17

Electric Orange

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#17
#21

dyllisvol42

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#21
Does Garth Brooks concert count for athletic budget ???
He should pay the university for that worthless show. Second worst concert I have ever been to. Ow that being said. I’m not a fan, but the big group of people I was with were all fans and had seen him before, and they all agreed it was bad.
 

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