Something some UT fans dont take into account

#26
#26
jamesthesame said:
KNS article:

Tennessee athletics: UT Vols operate at $790K surplus

The football program brought in $29 million in ticket revenue despite the Vols going 5-7 during the 2018 season, which is reflected in the 2019 fiscal year.


I would imagine ticket sales are still important to the UTAD.
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They are but people will still buy them so unless (pick your % of high donation seats) were dropped UTAD won't see it as an issue. I believe lower tier seats likely change over quite a bit so nothing that would raise alarms. Total guess though so take that for what its worth.... not much.
 
#27
#27
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#28
#28
wmcovol said:
if ADs think they can make it solely on TV money, they’re gonna be surprised.
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The ESPN deal starts in 2024 and is A 10 YEAR DEAL. So tell me, when are the ADs going to be surprised????? 2035???? Seriously? What are you talking about?

Programs like Arkansas could care less about being a conference power, much less a national power, while cashing $40 million dollar checks.

Tennessee, apparently, is fully prepared to join them.
 
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#30
#30
SayUWantAreVOLution said:
The ESPN deal starts in 2024 and is A 10 YEAR DEAL. So tell me, when are the ADs going to be surprised????? 2035???? Seriously? What are you talking about?

Programs like Arkansas could care less about being a conference power, much less a national power, while cashing $40 million dollar checks.

Tennessee, apparently, is fully prepared to join them.
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Arkansas, Ole Miss, Miss St, Mizzou and Kentucky are all very much trying to be relevant in conference. I wouldn't compare them to Tennessee. Tennessee is like the trust fund kid just sailing on old money where those other programs are small business owners. They have to put in the work to get everything they have and while it's still not enough to compete with the Alabama's, its enough to beat the poorly run programs occasionally, and if we don't get off our asses and form a plan, an identity, a brand for Tennessee football, then we'll be looking up at those programs as our revenues tumble and we become solely reliant on TV money to stay in the black.

Now I know some of you read this as "Yeah, fire Pruitt, that's the first step!" No. He's not the right guy to bring us back but the inexplicable decision was made in the summer to extend him and now we have to take our medicine. Find the identity FIRST. It doesn't matter if Pruitt goes 2-10 or 12-0 next year, if these boosters and administrators and AD people are all pulling in different directions, all seeking their little bits of power and influence, then we'll just be throwing money in the fire constantly. And even if we did get lucky we'd be force majeure away from being right back in the pit we're in right now. For decades this program relied on strong leadership from the AD. We need a standard so ingrained in the culture of Tennessee football that it doesn't matter if Smokey himself is the AD, that people will be pulling in the right direction so that when we need a football coach, we have a standard that is going to get us the right man for this football program, whether he's the hot name home run or not.

It's much easier said than done, but that's how programs like Ohio State go from having Tressel run out of town and not panicking, throwing away a whole season to get the right man for their program in Urban Meyer, and losing him and finding Ryan Day already there. That wasn't luck. Ryan Day was there because he was always going to be the guy for that job at some point and he's moved into it seamlessly. Even Georgia or Wisconsin. They have such an identity that they might not always compete for championships like tOSU but Georgia went from Richt to an unproven coach in Kirby Smart and weathered and continues to weather and cover the fact that he's not a very good coach. Their identity has been the same for 40 years so Kirby just does what all his predecessors have, and he's got their recruiting on fire so he looks like one of the best coaches out there. Wisconsin just plugs whoever in and they just win.
 
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#31
#31
SayUWantAreVOLution said:
The ESPN deal starts in 2024 and is A 10 YEAR DEAL. So tell me, when are the ADs going to be surprised????? 2035???? Seriously? What are you talking about?

Programs like Arkansas could care less about being a conference power, much less a national power, while cashing $40 million dollar checks.

Tennessee, apparently, is fully prepared to join them.
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ESPN doesn’t have the strongest financial statement these days. Yes they’re owned by Disney but people a lot smarter than you or I can get out of that agreement if needed
 
#32
#32
wmcovol said:
ESPN doesn’t have the strongest financial statement these days. Yes they’re owned by Disney but people a lot smarter than you or I can get out of that agreement if needed
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Don't run out and panic sell your DIS because ESPN took a bigger covid hit than most (you can't broadcast games they can't play.) They've got ABC, FX, Mandalorian, Hulu, etc..... to pull in the slack for a coupla years, if needed.

ESPN will be fine as athletic seasons stabilize. You're absolutely DREAMING to think "butts in seats" is the future of the lion's share of revenue for schools. It might be great for the feel, the players, and overall morale to see Neyland full, but the money is in TV/streaming.

This is not your Daddy's "hold your hand on the rabbit ears" world. Or did Daddy have a VolNation account he "passed down" to you?
 
#33
#33
SayUWantAreVOLution said:
Don't run out and panic sell your DIS because ESPN took a bigger covid hit than most (you can't broadcast games they can't play.) They've got ABC, FX, Mandalorian, Hulu, etc..... to pull in the slack for a coupla years, if needed.

ESPN will be fine as athletic seasons stabilize. You're absolutely DREAMING to think "butts in seats" is the future of the lion's share of revenue for schools. It might be great for the feel, the players, and overall morale to see Neyland full, but the money is in TV/streaming.

This is not your Daddy's "hold your hand on the rabbit ears" world. Or did Daddy have a VolNation account he "passed down" to you?
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ESPN has been in financial trouble long before Covid.

Where did I say tickets “were the lions share of revenue” in the future? You obviously think studio sports is so enjoy.
 
#34
#34
GoVols64 said:
They are but people will still buy them so unless (pick your % of high donation seats) were dropped UTAD won't see it as an issue. I believe lower tier seats likely change over quite a bit so nothing that would raise alarms. Total guess though so take that for what its worth.... not much.
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I think you are underestimating the value of lower tier tickets. You include merchandise and concession sales with it and it's a lot of money.

During Dooley's last year, attendance dropped to the 70ks.

At some point it gets cheaper to fire a coach.
 
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#35
#35
jamesthesame said:
I think you are underestimating the value of lower tier tickets. You include merchandise and concession sales with it and it's a lot of money.

During Dooley's last year, attendance dropped to the 70ks.

At some point it gets cheaper to fire a coach.
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You may be right, my point is more if someone else picks them up. We start dipping into Dooley numbers I’m with you.
 
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#38
#38
CountVolcula said:
is that the Universities don't solely rely on butts in the seats anymore when it comes to a revenue stream for the AD.

"For the 2018 fiscal year, the SEC reported total revenue of $627 million, with each of the conference's 14 schools receiving a payout of $43.1 million. The new ESPN/ABC TV contract could increase the annual payout for each school by nearly $20 million per year, according to the SBJ report"

$43.1 million can buyout a lot of coaching contracts and with a reported increase of up to 20 million extra per school by 2023, it seems that fans purchasing tickets will be less of a priority than in years past

Now, its understood that the AD uses that revenue to support other sports that are less able to produce viable revenue to stay alive, upgrades to facilities, etc., but it still leaves a significant amount of guaranteed money every year

Tennessee is 12th in most valuable College Athletic Departments, with just under $92 million a year, so stop pretending we are poor so it makes you feel better for why we hire cheap and end up with bad coaches
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Its good for them that they dont...Ha....
 
#39
#39
CountVolcula said:
Texas boosters werent willing to give full control to Saban
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This. Mal Moore read the boosters at Bama the riot act that they had better stay the hell out of the way when Saban came back in 07. They did because he had the equity of a NC and they were desperate. After he went to Atlanta his 2nd year, they’ve been smart enough to not do anything to aggravate him. Our boosters did the same thing with Fulmer. Lucky for Bama,Saban has stayed motivated and on the cutting edge; instead of lazy, entitled and complacent.
 
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#41
#41
CountVolcula said:
is that the Universities don't solely rely on butts in the seats anymore when it comes to a revenue stream for the AD.
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Yeah, I’m tired of that argument. Regardless, a stadium that seats over 100,000 but only has 50,000 in the stands doesn’t scream top tier to students, potential coaches, and recruits. Don’t pretend fans in the stands don’t matter.
 
#42
#42
Hard to believe they're making that much money off commercials, and I guess subscribers. They always said ESPN was the most expensive thing on cable.
 
#44
#44
CountVolcula said:
is that the Universities don't solely rely on butts in the seats anymore when it comes to a revenue stream for the AD.

"For the 2018 fiscal year, the SEC reported total revenue of $627 million, with each of the conference's 14 schools receiving a payout of $43.1 million. The new ESPN/ABC TV contract could increase the annual payout for each school by nearly $20 million per year, according to the SBJ report"

$43.1 million can buyout a lot of coaching contracts and with a reported increase of up to 20 million extra per school by 2023, it seems that fans purchasing tickets will be less of a priority than in years past

Now, its understood that the AD uses that revenue to support other sports that are less able to produce viable revenue to stay alive, upgrades to facilities, etc., but it still leaves a significant amount of guaranteed money every year

Tennessee is 12th in most valuable College Athletic Departments, with just under $92 million a year, so stop pretending we are poor so it makes you feel better for why we hire cheap and end up with bad coaches
Click to expand...
We are paying Chaney a boatload and I
AstonRoyal said:
The misconception is that we're not willing to shell out for a top name coach. The reason we're not paying that much for coaches isn't because we're not willing to shell out the money for a big name, it's because we haven't been able to convince a big name to come here. If all big names wanted was money, Texas would've lured Saban to them 3 years ago.
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It is a combination of that and stupid decision making. We could have had Mullen. So few wanted him. Some for as lame of a reason as they thought he was weird. That mentality hampers Knoxville in a number of areas, along with the OP’s point about the most important goal is money. That said, this post only speaks to revenue numbers and does not consider expenses outside of staff. Not saying OP is wrong, I just would have to see more numbers to form my own opinion

Regardless, I do not think for a second that we don’t care about winning and are not willing to pay to win. We have one of the more expensive assistant coaching staffs in the nation whom I believe we failed by not hiring an equal S&C coach.

I think you are spot on Aston that a big part of the problem is that we have not enticed a huge name yet. Still, we could have had Mullen, too many people did not want him and now people are upset they are stuck with Pruitt as Florida enjoys another SEC East championship.

It is really hard to feel sorry for those who did not want the guy.

All that said, Freeze wants to coach here. I get the money aspects of owing another coaching staff, but letting Freeze slip through our fingers is a bigger mistake IMO.

I read that we hired some guy to come in and investigate our University and apparently he has a reputation for outsting coaches. I am not sure this one is over yet.
 
#45
#45
AstonRoyal said:
The misconception is that we're not willing to shell out for a top name coach. The reason we're not paying that much for coaches isn't because we're not willing to shell out the money for a big name, it's because we haven't been able to convince a big name to come here. If all big names wanted was money, Texas would've lured Saban to them 3 years ago.
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I said this the other day and ppl wanted to argue. The instability since Fulmer has killed that once glamorous UT brand. Big time guys aren't interested in this job. Also paying 2 and 3 coaching staffs that were fired factored in too.
 
#46
#46
CountVolcula said:
is that the Universities don't solely rely on butts in the seats anymore when it comes to a revenue stream for the AD.

"For the 2018 fiscal year, the SEC reported total revenue of $627 million, with each of the conference's 14 schools receiving a payout of $43.1 million. The new ESPN/ABC TV contract could increase the annual payout for each school by nearly $20 million per year, according to the SBJ report"

$43.1 million can buyout a lot of coaching contracts and with a reported increase of up to 20 million extra per school by 2023, it seems that fans purchasing tickets will be less of a priority than in years past

Now, its understood that the AD uses that revenue to support other sports that are less able to produce viable revenue to stay alive, upgrades to facilities, etc., but it still leaves a significant amount of guaranteed money every year

Tennessee is 12th in most valuable College Athletic Departments, with just under $92 million a year, so stop pretending we are poor so it makes you feel better for why we hire cheap and end up with bad coaches
Click to expand...

What do people like more than money? MORE money.
 
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