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aggy Passes UT as #1 Most Valuable CFB Program


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Posted

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.

  • Like 6
Posted
7 minutes ago, SDG said:

Will you assholes quit buying your UT jerseys from the cheap Chinese sites?  We need the revenue numbers...

Maybe UT needs an official tailoring department and that would help us catch up.

Posted

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...

  • Like 3
Posted
1 minute 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.

How did they fare during that time? I mean, surely things were going great for them to be so popular with America. 

Posted
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. 

Posted
4 minutes ago, South Austin said:

I knew Randolph Duke would come through.

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? 

Posted

I was talking to an aggie season ticket holder who says they have also been hammered with what they call "special assessments" over the last several years.   I think that concludes this year or next.  We shall see.

Posted
20 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? 

They do if they like scat porn.

  • Like 1
Posted

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.  

Posted

Read through the Forbes article and echo RD’s point. The author is equating contributions with revenue. Contributions will fluctuate year to year with whatever grand capital scheme aggy invents.

Posted

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.”

Posted (edited)
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
  • Like 6
Posted
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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