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aggy Passes UT as #1 Most Valuable CFB Program

phdhorn

By phdhorn
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Randolph Duke

Randolph Duke 4034

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Call me when they finally pay back the loans they owe their academic side and start pumping $10 million+ back to the academic side every year.

If they are truly generating excess revenue, the also need to be helping the academic side improve the educational experience for the students.

Oh, but I forgot, they are aggy. Vocational schools don't really do the "educational thing."

Never mind, just keep being aggy. But maybe you want to spend some money and get the indoor plumbing fixed. Just a suggestion.

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TtomTerrific

TtomTerrific 200

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their accountants, much like the construction contractors, had ONE mission...."make it biggern' the sips"

no way their reporting is legit, they admit as such and don't fucking care.

as long as some publication somewhere puts aggy on a list ahead of Texas, their work is done.   It's all "good bull."

They got caught a few years back similarly cooking the academic reporting records, a scandal that would have embarrassed any other institution of higher learning to no end and resulted in people losing their careers, but not these assholes...

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Randolph Duke

Randolph Duke 4034

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30 minutes ago, Spankytoes said:

Aggy out-earned us during Charlie's tenure here, 2 years of which we didn't make a bowl?

I don't believe it.

Unless you have a definition of "earning" other than operating revenue, aggy didn' "out earn" UT during Charlie's tenure. The entire boost in aggy finances has been driven by their capital campaign that people are claiming to be revenue. If you have ever invested in a company, you should be able to understand the difference between operating revenue and capital contributions. A lot of sportswriters don't understand the difference. Which is why articles such as the Forbes article get published.

In 2011, A&M had no outdoor track facility because theirs had been condemned in 2004 as a safety hazard. Their football stadium, built the same year as The Big House, was in such a dilapidated state that the fire marshal had declared the electrical a safety hazard, the plumbing was barely functional and they couldn't light the sign on the exterior that said "Kyle Field."

They borrowed $350 million, and had alumni donate $285 million to finally, at long last, do something about their infrastructure. Programs such as Michigan and Texas have consistent revenue to maintain facilities. Second tier programs, such as Texas A&M, have to let their facilities degrade to the point of being condemned, and then cash in on their once-in-20-year "resurgence" to generate money to catch up. The ability to maintain facilities at a high level, and the inability to keep facilities from being condemned differentiates top tier and second tier programs. Think back to when any UT athletics facility has ever been condemned as a safety hazard. Imagine have multiple facilities on campus condemned as safety hazards. In that thought, you will understand the difference between UT and A&M.

As an aside, their new outdoor track facility has a maximum capacity of 3,500. The state high school track meet regularly draws 20,000. It is held at UT because UT is the only school in the state with the finances to afford facilities sufficient to host the meet.

Yes, aggy has finally done something about their dilapidated facilities. They have borrowed a lot of money to do it. From their alumni they raised less than Oregon or Oklahoma State did for their facilities projects. aggy spent so much on their football project, they were left without funds to build a proper track facility. They still can't afford to repay the loans they have owed their academic side since 2006. They didn't generate enough operating revenue to cover expenses in 2006, 2007, 2008, 2009, 2012 or 2017. Ask aggy about considering sending an 8-figure check from athletics to academics even once, let alone every year, and they will cough up a badly squeezed testicle.

And they call that "redneck riches."

Congratulations, aggy. You have reached the pinnacle.

Maybe now they will start trying to find the money to get their indoor plumbing fully functional. Because, you know, indoor plumbing isn't something everyone is used to, but must of us who aren't aggy are kind of used to it.

 

Edited by Randolph Duke
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RadiologyHorn

RadiologyHorn 133

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Just now, Randolph Duke said:

Unless you have a definition of "earning" other than operating revenue, aggy didn' "out earn" UT during Charlie's tenure. The entire boost in aggy finances has been driven by their capital campaign that people are claiming to be revenue. If you have ever invested in a company, you should be able to understand the difference between operating revenue and capital contributions.

In 2011, A&M had no outdoor track facility because theirs had been condemned in 2004 as a safety hazard. Their football stadium, built the same year as The Big House, was in such a dilapidated state that the fire marshal had declared the electrical a safety hazard, the plumbing was barely functional and they couldn't light the sign on the exterior that said "Kyle Field."

They borrowed $350 million, and had alumni donate $285 million to finally, at long last, do something about their infrastructure. Programs such as Michigan and Texas have consistent revenue to maintain facilities. Second tier programs, such as Texas A&M, have to let their facilities degrade to the point of being condemned, and then cash in on their once-in-20-year "resurgence" to generate money to catch up. The ability to maintain facilities at a high level, and the inability to keep facilities from being condemned differentiates top tier and second tier programs. Think back to when any UT athletics facility has ever been condemned as a safety hazard. Imagine have multiple facilities on campus condemned as safety hazards. In that thought, you will understand the difference between UT and A&M.

As an aside, their new outdoor track facility has a maximum capacity of 3,500. The state high school track meet regularly draws 20,000. It is held at UT because UT is the only school in the state with the facilities sufficient to host the meet.

Yes, aggy has finally done something about their dilapidated facilities. They have borrowed a lot of money to do it. From their alumni they raised less than Oregon or Oklahoma State. They spent so much on their football project, they were left without funds to build a proper track facility. They still can't afford to repay the loans they have owed their academic side since 2006. They didn't generate enough operating revenue to cover expenses in 2006, 2007, 2008, 2009, 2012 or 2017.

And they call that "redneck riches."

Congratulations, aggy. You have reached the pinnacle.

Maybe now they will start trying to find the money to get their indoor plumbing fully functional. Because, you know, indoor plumbing isn't something everyone is used to, but must of us who aren't aggy are kind of used to it.

 

This is a really good post. Hits all the items I was wondering about regarding aggy finances. 

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Randolph Duke

Randolph Duke 4034

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19 minutes ago, longhrnfan said:

Only if recruits read Shaggy. Amazing the momentum that A&M has generated recently, even if false (a loss to clemson, fake valuation). Where's the BOMC when you need it? 

Who cares. When we tell people the UT experience is fundamentally different than that at A&M, we know of what we speak. Either people get it, or they don't.

On the academic side, the annual operating budget at UT is $1B more than at A&M, even though UT has about 15,000 fewer students. A&M ranks below even U of H in professor salaries. That $1B, spent on attracting talented professors, on labs, on support infrastructure, etc, makes a huge difference.

I'm not going to raise my voice very much to explain to kids that they should stay out of trouble, study in high school, and try to get admitted to UT Austin. or UT Dallas, or UT San Antonio, or eventually UT Law, or UT Southwestern, or UT Dell Med, or UTMB Galveston, (see where I am going with this?)

A&M claims a connection to the U.S. military. The U.S. military (Army) picked Austin as the HQ for the new command that will be the foundation of our national defense for the next 100 years specifically because of the intellectual capital associated with UT Austin.

The intellectual capital associated with UT Austin is precisely what drives the economy of the Austin metroplex. The intellectual capital of Texas A&M is what drives the economy of the Bryan/College Station farm belt. Visit each of the two areas. Tell me if you can discern any difference. Austin, Dallas, San Antonio, and Houston comprise a very vibrant economic region. There is a dead spot right in the middle of that region. The epicenter of that dead spot is College Station, Texas. If you don't believe me, look at a map.

Recruits will do what recruits do. At 17 or 18, no kid really gets it.

But there is a "it" to get.

Edited by Randolph Duke
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'stache

'stache 21816

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I'm pretty sure OKST has been really high on this list in the years when Boone made huge donations for the stadium project.  One time donations don't equate to "value" in any real sense.  Recurring revenue from the LHN is something that should be considered more than one time donations to fund major projects.  I'm surprised people at Forbes are so deft as to some basic economic thoughts.  

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TheFlagship

TheFlagship 432

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This is really the only section that matters:

“Lying in wait is Texas. Although the runner-up this year, the Longhorns remain a financial powerhouse across the board. The team is among the best in nearly every revenue stream that's not tied to conference money or bowl game payouts; the Longhorns are top-five in contributions, ticket sales, endowments, concessions and even youth camps. And Texas football's $31 million from licensing, royalties and advertising is 50% more than any other team makes from the category.

No wonder, considering Texas athletics gets nearly $10 million per year on average from Nike, making it the third-biggest apparel deal in college sports (UCLA and Louisville rank first and second). Texas also receives increasingly juicy rights payments from ESPN for the Longhorn Network; this year, the university and its athletic department will split $11.6 million from the school-specific network, and that payout increases by 3% annually. The LHN contract runs through the end of June 2031.”

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Randolph Duke

Randolph Duke 4034

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8 minutes ago, Bash Riprock said:

the first 11 all have a natty in the last 25 years....except A&M

UT has more NCAA national championships since 2000 than A&M has in the history of their school. UT also has more NCAA championships in just one sport than A&M has in all sports, all three genders (male, female, aggy), in the history of their school.

Then again, having more NCAA championships in just one sport than A&M has in all sports isn't much of a boast. So does Okie Lite, West Virginia, etc, etc.

U of H has more team national championships that A&M. UTEP has more individual NCAA champions than A&M.

And then there is aggy academics. Have I told you A&M prides itself on its engineering? If you get into a conversation with an aggy, ask them to tell you about aggy engineering.

When I am down in Texas and talk with kids, I make sure to tell them to mind their parents and to work hard in school. And I explain if they don't, the only school they will get admitted to is Texas A&M.

Edited by Randolph Duke
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Zavala

Zavala 1384

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4 minutes ago, TheFlagship said:

One last point. Any CPA or finance professional would never equate revenue or profit (an income statement item) with value (a balance sheet item), rendering this whole analysis misleading.

You can tell he's an expert because he puts it in a table in excel with the standard calibri font and zero backup

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