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Post by Deleted on Apr 4, 2013 16:04:03 GMT -6
Lou hit it on the head. Why would anyone make a financial investment in this program?
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Post by gman2 on Apr 4, 2013 16:45:56 GMT -6
2 years straight we have watched as our (formerly) great rivals moved on to much green pastures. Meanwhile, we play in poor high school gym, with a mediocre at best coach under contract for 5 more years at a price we cant buy out, waiting another month for our 5th athletic director in as many years to show up. And we're supposed to be optimistic? About what?!? Yep, hard to be optimistic. Who's next? YSU maybe to upgrade the football conference. CSU, WSU for better pastures out east? Did I miss something? I thought Jeter was under contract for the rest of this fiscal year and four complete fiscal years after that. |
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Post by illwauk on Apr 4, 2013 16:51:21 GMT -6
Adding Belmont, Murray State and Oakland would make the HL a respectable conference again, regardless of who ends up bolting for the MVC. I don't see them adding more than one team before next year, and my money would be on UIC for that. Murray State is in the OVC with football playing schools. Not going to happen. Youngstown was in the OVC with football playing schools before they joined the Mid-Con, and eventually the Horizon; and plenty of FCS schools play in a different conference for football than they do everything else. |
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Post by ghostofdylan on Apr 4, 2013 16:53:16 GMT -6
2 years straight we have watched as our (formerly) great rivals moved on to much green pastures. Meanwhile, we play in poor high school gym, with a mediocre at best coach under contract for 5 more years at a price we can't buy out, waiting another month for our 5th athletic director in as many years to show up. And we're supposed to be optimistic? About what?!? Anyone want to challenge this post? Anyone ...? Will any of you guys be renewing season tickets to watch the Panthers play IUPUI, Fort Wayne and South Dakota? |
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Post by PantherU on Apr 4, 2013 18:31:53 GMT -6
I would suggest, if people are unhappy with the basketball program and want to pull their money out, that they consider putting it into baseball or soccer, two sports that are revenue-producers elsewhere and theoretically could be here. There are a lot of sports teams that exist at UWM that do so with little financial support.
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Post by pantherdon on Apr 4, 2013 19:31:11 GMT -6
If any one is not renewing their tickets for next year, send me a message with your seats #s so I know what my options will be.
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Post by Deleted on Apr 4, 2013 20:16:49 GMT -6
The decisions or indecisions made by Lovell and Geiger need to be brought up when explaining non-renewal of tickets. People should tell those two that. They are letting down the future of the student-athletes, fans and alumni of this university, let alone any future recruits to say the least.
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Post by Hack on Apr 4, 2013 20:57:15 GMT -6
I would suggest, if people are unhappy with the basketball program and want to pull their money out, that they consider putting it into baseball or soccer, two sports that are revenue-producers elsewhere and theoretically could be here. Link? Theory? Granted these numbers are from 2009, but I can't imagine much has changed: www.ncaapublications.com/productdownloads/REV_EXP_2010.pdfDIVISION I – FBS
Fiscal Year 2009
Median ValuesSport
| Generated Revenues
| Expenses
| Net Revenue
| Baseball
| 297,000
| 1,147,000
| (605,000)
| Men's Soccer
| 139,000
| 771,000
| (468,000)
| Women's Soccer
| 53,000
| 877,000
| (570,000)
|
Fiscal Year 2009
Median ValuesSport
| Generated Revenues
| Expenses
| Net Revenue
| Baseball
| 68,000
| 502,000
| (137,000)
| Men's Soccer
| 48,000
| 446,000
| (39,000)
| Women's Soccer
| 21,000
| 428,000
| (91,000)
|
Baseball will never be a revenue generating collegiate sport outdoors in the northern part of this country. |
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Post by PantherU on Apr 4, 2013 23:30:52 GMT -6
Baseball will never be a revenue generating collegiate sport outdoors in the northern part of this country. Baseball's not a revenue-producer in and of itself; it's based on the ownership of the college baseball stadium. We'd be able to rent it out to any number of teams, which would cause us to make money. I'll get Freshmilwaukee to come in and explain it. |
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Post by freshmilwaukee on Apr 5, 2013 6:42:57 GMT -6
Financial Analysis 1 Attachments:
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Post by freshmilwaukee on Apr 5, 2013 6:43:41 GMT -6
Financial Analysis 2 Attachments:
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Post by freshmilwaukee on Apr 5, 2013 6:44:06 GMT -6
Financial Analysis 3 Attachments:
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Post by Pounce Needs Pals on Apr 5, 2013 6:48:00 GMT -6
2 years straight we have watched as our (formerly) great rivals moved on to much green pastures. Meanwhile, we play in poor high school gym, with a mediocre at best coach under contract for 5 more years at a price we can't buy out, waiting another month for our 5th athletic director in as many years to show up. And we're supposed to be optimistic? About what?!? Anyone want to challenge this post? Anyone ...? Will any of you guys be renewing season tickets to watch the Panthers play IUPUI, Fort Wayne and South Dakota? I will be renewing. Tickets are cheap and I'm there to see the Panthers. |
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Post by freshmilwaukee on Apr 5, 2013 7:02:47 GMT -6
These three pages were part of my proposal to Koonce and Santiago in 2009-2010. The calculations are based on the high school, college, and recreational teams that were using the field during that time frame. We play roughly 11-14 days per season at home in Milwaukee. This season our opening series was moved to UIC to play on their field turf. Hack, the financials you posted from the NCAA are very accurate. The piece of information that is not well known is that our program has been successful on half the expenses listed at your median for FCS programs. We were operating at less than Rob Jeter's salary my entire career in Milwaukee. So the basketball coach's salary could have operated our entire program, travel, salaries, equipment etc. These numbers are based on me calling all the power conferences and a few minor league franchises to find out what their rental figures are. We identified the three price points you see above for field rental. Finally, coach Doffek used the idea of camp revenues going toward the program instead of his own pocket. So you can look at these numbers and see the 300+ games that were being played by everyone else, on the best baseball diamond in the county. If we owned the facility, it was field turf, and we had the minimum necessary amenities we could generate enough revenue to cover the expenses of the program in 2009-2010. I don't know if those expenses have increased, they probably have a bit because of inflation. Another amenity that would be beneficial and help generate further revenue for both the track and baseball program would be the indoor practice facility. A 300 meter indoor track with 100 yards of field turf, and modern netting system would greatly benefit the programs for practice but also generate a new revenue facility that we do not have in the Klotsche. The model was Grand Valley State's facility, DII facility built for $14.5M and done to LEED certification. www.gvsulakers.com/facilities/kellyfamilysportscenter.htmlSo that's what I have, it's possible for a program to generate enough revenue to cover their expenses and be self sufficient. It won't be accomplished solely by ticket sales and concessions, it will take a focused effort to rent the field every possible date it's available. |
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Post by Hack on Apr 5, 2013 7:12:25 GMT -6
No question that UWM's baseball program is the model of doing more with much, much less.
Thank you for providing factual information.
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