PSU #3 on Forbes Most Valuable Football Program List

by stonewall435 on Dec 23, 2009 7:17 PM EST Comment 22 comments

http://www.forbes.com/2009/12/22/most-vaulable-college-football-teams-business-sports-college-football_slide_4.html

A bit of a surprise. We're just behind Texas and Notre Dame and apparently 18 of the 20 teams are from the Big Ten, Big XII and SEC.

Hail to the fornicators

Hail to the masturbators

Hail, hail to Michigan, the cesspool of the west!

Corn corn corn corn Iowa!

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AWESOME!

"Every player we have, someone-maybe a parent, a grandparent, someone-poured their soul into that young man. They are handing that young man off to us. They are giving us their treasure, and it's our job to make sure we give them back that young man intact and ready to face the world."

-J.V.Pa.

by psume06 on Dec 23, 2009 7:37 PM EST reply actions 0 recs

this is interesting for a number of reasons

1) unless this isn’t taking into account the tv deals, how would ND make more money by joing the big ten if they are making more than any big ten team?

2) I was not aware of this but it is BS if you ask me: An agreement that gives Notre Dame 1/66 of all Bowl Championship Series net revenues, means the Fighting Irish have received $4 million in payments from the BCS over the last three years, despite going 15-21 in the regular season and not qualifying for a single New Year’s Day or later bowl game.

Everyone has a plan until they get punched in the face

by psupride on Dec 23, 2009 7:42 PM EST reply actions 0 recs

They aren't making more money

They’re pulling a $38 million profit to our $50.

God Created the World Out Of Nothing, Paterno Built A National Superpower On Cow Fields...

by fugimaster24 on Dec 23, 2009 7:48 PM EST up reply actions 0 recs

Odds are the difference has less to do with TV deals and more to do with stadium size...

Beaver stadium seats 25,000+ more people than Notre Dame stadium. That right there is enough to add several million more dollars over the course season.

by VVeRPennState on Dec 24, 2009 1:06 PM EST up reply actions 0 recs

Re: #2

Most BCS teams are getting at least 1/66th of BCS revenue despite not winning much.

I know about your diabolical plan.

by Kevin HD on Dec 24, 2009 12:55 PM EST up reply actions 0 recs

Where are you getting that tv deals would help ND?

They get 9 million a year from NBC. b10 team get 15-18 million PER TEAM from ESPN/ABC/BTN. How would counting that make it look worse?

by PSUinBOSSton on Dec 26, 2009 11:14 AM EST up reply actions 0 recs

is this really true?

then why in the fudge would they cater to that NBC deal. Isnt viewership for their games at an all time low also?

im new around these parts...

by nator76 on Dec 26, 2009 5:39 PM EST up reply actions 0 recs

As much as I love that song

It’s a tad salty for BSD

God Created the World Out Of Nothing, Paterno Built A National Superpower On Cow Fields...

by fugimaster24 on Dec 23, 2009 7:44 PM EST reply actions 0 recs

So why were there

comments a little while ago from the head honchos in the AD that things were so tight?

Does what the school bring in affect the AD in any way?

Computers rank me number 1, blame the BCS...it's their fault.-Joe Budden

by OMEGAMAN on Dec 23, 2009 8:48 PM EST reply actions 0 recs

the "profit" is what goes towards other things

if i read understand it correctly:

-PSU football brings in $99 million
-if our total “profit” is $50 million, that means that it costs $49 million every year to operate the football program (facilities, equipment, coaches, travel, etc.)
-therefore, the profit is what is remaining is what goes to scholarships in all sports, PLUS funding for other sports facilities (i.e. BJC, rec hall, multi-sports facility, etc.), equipment, travel, coaches, etc., in addition to any monies that those sports pull in themselves.

Gentlemen, you can't fight in here! This is the War Room!

by thedrizzle on Dec 24, 2009 11:23 AM EST up reply actions 0 recs

to actually answer your question

we have a lot of facilities and 29-30 varsity sports (i’m never sure if that includes football) to fund. when you think about all that needs funding, i can totally believe that they need more money in the coming years (i.e. tuition increases, new facilities/facility improvements, gas prices increasing, etc.).

Gentlemen, you can't fight in here! This is the War Room!

by thedrizzle on Dec 24, 2009 11:25 AM EST up reply actions 0 recs

#12 USC

#15. USC

Huh? USC should be in the top 5. Don’t understand how they calculate value.

by Mr. Rosewater on Dec 23, 2009 11:04 PM EST reply actions 0 recs

maybe so cal and so carolina?

Black Shoes. Basic Blues. No Name. All Game.

"Everyone has a plan, until they get punched in the mouth."

by Roland86 on Dec 24, 2009 3:13 AM EST up reply actions 0 recs

USC

USC doesn’t own the Coliseum. They lease it from the Coliseum Commission, basically the L.A. city government, so I don’t think they get all of the proceeds from parking and tickets like we do.

by jjl207 on Dec 26, 2009 1:59 PM EST up reply actions 0 recs

The corresponding article

Which is available here lists what is used to value the programs. One aspect that is hugely in our favor, is the income generated for the local community. For better or worse college football is a bigger slice of the economy in State College than in places like Austin, South Bend, Lincoln, Tuscaloosa, etc.

by VVeRPennState on Dec 24, 2009 8:21 AM EST reply actions 0 recs

Income generated wouldn't necessarily benefit State College more though

I think it’s straight income rather than as a % of total local income. College towns (State College) would be better of as a % of the total, but as they calculated it I don’t see a skew in favor of college towns.

by jimbo2psu on Dec 24, 2009 11:39 AM EST up reply actions 0 recs

If they are using total amount spent by football fans then you are right.

I am not sure how it is measured, the description is a little vague. They say its the “estimated incremental spending by visitors to the county that’s attributable to the program.” I read that as the increase in the average amount of spending by a football fan versus the average tourist/business person/etc.

by VVeRPennState on Dec 24, 2009 12:51 PM EST up reply actions 0 recs

OHHH! haHA!" – Gus Johnson

by ReadingRambler on Dec 25, 2009 4:23 PM EST reply actions 0 recs

Screw the fans

If they’re making all this dough, why do they insist on crying poormouth and squeezing the fans and NLC members, and season ticket holders find more money and blackmailing us for money to keep our seats?
The football team revenue is paying for everybody else to play so that needs to be taken into the “expense” equation. The cover story for the “begging” for more income is that the football revenue will not be enough to continue to support all the other sports. I wonder, how do all these other colleges afford their sports programs if we are no. 3 in income?

by NittanyGeezer on Dec 26, 2009 10:15 PM EST reply actions 0 recs

Because Penn State treats all of it's Varsity programs very well.

As well as it’s club sports. I would also bet that most of the on campus weight rooms and the aquatics complex are entirely paid for via Football and Basketball due to funding restrictions.

A lot of this has been said in various other threads, but a neat little summation of future things that will cost PSU decent dollars.

1) New football coach at some point.
2) Beaver Stadium expansion
3) Ice Hocky team going Varsity. (Scholarships, equipment, travel costs)
4) New rink/arena for the Icers if they do go Varsity.
5) Equal money spent on womens sports if Hockey goes Varsity.
6) I think someone had mentioned either softball or baseball facilities as well.

All of those things are big money projects that will be limited by athletics revenue. I wish I was in a better position financially, I could think of much worse things to spend my “fun” money on than supporting my school and ensuring other students have as rewarding a college experience as I did.

by mvrck on Dec 27, 2009 1:09 AM EST up reply actions 0 recs

Other big cost: future increases in tuition causing much higher cost of athletic scholarships given out in all sports. And tuition ain’t going down any time soon.

by Laaaaazzz on Dec 27, 2009 1:16 AM EST up reply actions 0 recs

You missed the most fundamental reason.

Its because we are one of the few universities with a self sufficient athletic department and they want to keep it self sufficient. That means you might be forced to “donate” more money to the NLC for season tickets, Penn State students will never see their tuition increased to pay a football coach.

by VVeRPennState on Dec 27, 2009 1:24 AM EST up reply actions 0 recs