FUBeAR wrote: ↑Mon Mar 18, 2019 2:36 pm
FUBeAR wrote: ↑Mon Mar 18, 2019 9:57 am
DungeonRealm wrote: ↑Mon Mar 18, 2019 6:11 am
The Jackal wrote: ↑Mon Mar 18, 2019 6:05 am
Unrelated, but if the SoCon ever decided to expand under the new commissioner, Belmont is a school I would target as a basketball-only entrant.
No more basketball only schools, already an unfair advantage for UNCG and don't like it, they spend all their money on Basketball (since no football) just like (Davidson and CofC did), don't want any part of that
Davidson HAS a Division 1 FCS Football Team.
They had a winning season in 2018, while beating a Butler (yeah, they also have Football) Team the game before Butler darn near beat a P5/Big XII Team & the Wildcats darn near beat an FCS Playoffs-bound San Diego Team, losing their lead with under 2 minutes to play.
I don't know how much Davidson spends on Football or Basketball. I know they have a student enrollment of 1,810 and an endowment of $822 million. I also know they DO have an NCAA Division 1 FCS Football Team...which you said they didn't. Davidson also has an NCAA Division 1 Basketball Team that is a #4 seed and hosting a 1st round game in the NIT.
I don't know how much Furman spends on Football or Basketball. I know Furman has a student enrollment of 2,746 and an endowment of $661 million. Furman also has an NCAA Division 1 FCS Football Team. Furman also has an NCAA Division 1 Basketball Team that is a #3 seed and hosting a 1st round game in the NIT.
Finally, I believe (but don't know) that expenditures on Athletics are not a "zero-sum game." I KNOW there are people and organizations who donate money to Furman University and/or Furman Athletics BECAUSE Furman has an NCAA Division 1 FCS Football Team. Though it is certainly possible, I doubt there are many people or organizations withholding their contributions to Furman University and/or Furman Athletics because they DO have an NCAA Division 1 FCS Football Team. I don't know how much the net loss (if any) that Furman Football represents for Furman Athletics, but IF there is a loss, to make the assumption that amount is the net amount that could be added to Furman's Basketball budget if Furman did not have an NCAA Division 1 FCS Football Team is, IMO, flawed thinking. Some donors would withhold making any donations, so that amount, whatever it is, would need to be subtracted from the 'net gain' for the Athletics budget. Then, it, of course, wouldn't be 'fair' for Men's Basketball to reap all of the (alleged) financial benefits of not having Football. Certainly, those 'savings' would need to be 'fairly' divided across all of Furman's remaining sports - probably pro rata by Athlete Headcount would be the 'fairest' way to divide the (alleged) gains...so Men's & Women's Lacrosse, I believe, would receive the largest (alleged) benefit, followed by Baseball & Softball maybe, then Men's and Women's Soccer....etc.
So...I just calculated the % of an (alleged) benefit from not having an NCAA Division 1 FCS Football that 'fairly' should be allocated to Men's Basketball. It's 4.42% of the (alleged) savings less the amount of decreased donations. AKA - not much (if anything)...
...but if we believe the data available here:
https://ope.ed.gov/athletics/#/institution/details
Reporting Year: 07/01/2017 - 06/30/2018
Total Revenues by Team
Varsity Teams Men's Teams
Football $7,283,282
Total Expenses by Team
Varsity Teams Men's Teams
Football $6,620,250
...this entire conversation is moot...because Furman Football turned a $663,032 profit in this reporting year...
So...the real question is how much would we have to REDUCE the Men's Basketball budget if Furman did not have an NCAA Division 1 FCS Football Team?
In case you want to see the Basketball $'s...
Reporting Year: 07/01/2017 - 06/30/2018
Total Revenues by Team
Varsity Teams Men's Teams
Basketball $2,763,225
Total Expenses by Team
Varsity Teams Men's Teams
Basketball $2,301,306
Basketball Profit: $461,919
What is FUBeAR missing? Why is this even a conversation that some peeps seem to so desperately want to have????