Endowments, Enrolments, and Sports Revenue

[Fieldhouse Flyer]

Post #1

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities

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• HOME ATTENDANCE → → REVENUE → → EXPENSES → → PROFIT → → PROFIT MARGIN → → ROI → → VALUE OF COLLEGE BASKETBALL TEAM •
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• Post #7: Home Attendance for 2018-19 (with TABLE 16)
• Post #8: Revenue, Expenses, and Profit for 2018-19 (with TABLES 17 to 19)
• Post #9: Profit Margin, Return on Investment, and More Metrics for the 2018-19 Season (with TABLES 20 to 25)
• Post #10: Value of College Basketball Teams: The Wall Street Journal Rankings from 2015 through 2018

Post #11: Conference Revenue Summaries: TV Rights Payouts to Schools and Total Sports Payouts to Schools (with TABLES 26 to 34)
Post #12: Taking a Closer Look at Gonzaga
Post #13: The Decline of College Basketball TV Ratings 2013 to 2021
Post #14: A Reality Check on the Next Big East TV Rights Contract in 2025
Post #15: INDEX of TABLES 1 to 34
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Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

TABLE 1: Endowments and Enrolments in 2018 - Big East Schools
TABLE 2: Endowments and Enrolments in 2020 - Big East Schools

TABLE 3: Endowments and Enrolments in 2018 - Selected Atlantic 10 Schools
TABLE 4: Endowments and Enrolments in 2020 - Selected Atlantic 10 Schools

TABLE 5: Percentage Change in Endowments from 2018 to 2020 - Big East Schools
TABLE 6: Percentage Change in Endowments from 2018 to 2020 - Selected Atlantic 10 Schools

TABLE 7: Composite Listing - 2020 Endowments
TABLE 8: Composite Listing - Percentage Change in Endowments from 2018 to 2020

TABLE 9: Composite Listing - Niche's Net Price for 2020-21 Academic Year
TABLE 10: Composite Listing - Niche's 2021 Best Colleges in America School Rankings

TABLE 11: Enrolments in 2018
TABLE 12: Enrolments in 2020
TABLE 13: Percentage Change in Enrolments from 2018 to 2020

TABLE 14: Undergraduate Enrolments in 2020
TABLE 15: Undergraduate Enrolment as a Percentage of Total Enrolment

Notes and Observations concerning TABLES 1 to 15
Links to Data Sources
Perspective – Part 1: Data
Perspective – Part 2: Observations

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The recent flurry of activity and rumors concerning Conference Realignment piqued my epistemic curiosity, so I decided to research the stated topics of this thread, and disseminate that information to all interested HLOH readers.
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TABLE 1: Endowments and Enrolments in 2018 - Big East Schools

2018 Endowment • Institution • Founded • Type • 2018 Enrolment

$1,770,000,000 • Georgetown University • 1789 • Catholic (Jesuit) • 17,858
$715,000,000 • Villanova University • 1842 • Catholic (Augustinian) • 10,735
$648,000,000 • St. John's University • 1870 • Catholic (Vincentian) • 20,448
$596,000,000 • DePaul University • 1898 • Catholic (Vincentian) • 23,799
$550,000,000 • Marquette University • 1881 • Catholic (Jesuit) • 11,745
$448,000,000 • Creighton University • 1878 • Catholic (Jesuit) • 8,236
$447,000,000 • University of Connecticut • 1881 • Public • 32,257
$243,000,000 • Seton Hall University • 1856 • Catholic (Diocesan) • 9,627
$213,000,000 • Providence College • 1917 • Catholic (Dominican) • 4,533
$174,000,000 • Butler University • 1855 • Private (Christian) • 4,848
$151,000,000 • Xavier University • 1831 • Catholic (Jesuit) • 6,538

TABLE 2: Endowments and Enrolments in 2020 - Big East Schools

2020 Endowment • Institution • 2020 Enrolment

$1,863,711,000 • Georgetown University • 19,371
$805,425,000 • Villanova University • 10,942
$737,037,000 • DePaul University • 21,922
$719,681,000 • St. John's University • 21,721
$693,731,000 • Marquette University • 11,550
$565,975,000 • Creighton University • 8,770
$476,181,000 • University of Connecticut • 32,669
$265,193,000 • Seton Hall University • 9,815
$234,228,000 • Providence College • 4,824
$211,953,000 • Butler University • 5,544
$198,613,000 • Xavier University • 7,112

TABLE 3: Endowments and Enrolments in 2018 - Selected Atlantic 10 Schools

2018 Endowment • Institution • Founded • Type • 2018 Enrolment

$1,840,000,000 • Virginia Commonwealth U. • 1968 • Public • 32,303
$1,230,000,000 • Saint Louis University • 1818 • Catholic (Jesuit) • 16,500
$739,000,000 • Fordham University • 1841 • Catholic (Jesuit) • 14,667
$524,000,000 • University of Dayton • 1850 • Catholic (Marianist) • 10,920
$279,000,000 • Saint Joseph's University • 1851 • Catholic (Jesuit) • 7,900
$261,000,000 • Duquesne University • 1878 • Catholic (Spiritan) • 10,106

TABLE 4: Endowments and Enrolments in 2020 - Selected Atlantic 10 Schools

2020 Endowment • Institution • 2020 Enrolment

$1,990,000,000 • Virginia Commonwealth • 31,076
$1,200,000,000 • Saint Louis University • 11,823
$712,800,000 • Fordham University • 16,515
$609,700,000 • University of Dayton • 11,241
$472,100,000 • Duquesne University • 9,274
$293,800,000 • Saint Joseph's University • 7,589

TABLE 5: Percentage Change in Endowments from 2018 to 2020 - Big East Schools

2018 Endowment • 2020 Endowment • Pecentage Change • Institution

$1,770,000,000 • $1,863,711,000 • 5.3% • Georgetown University
$715,000,000 • $805,425,000 • 12.6% • Villanova University
$648,000,000 • $737,037,000 • 13.7% • DePaul University
$596,000,000 • $719,681,000 • 20.8% • St. John's University
$550,000,000 • $693,731,000 • 26.1% • Marquette University
$448,000,000 • $565,975,000 • 26.3% • Creighton University
$447,000,000 • $476,181,000 • 6.5% • University of Connecticut
$243,000,000 • $265,193,000 • 9.1% • Seton Hall University
$213,000,000 • $234,228,000 • 10.0% • Providence College
$174,000,000 • $211,953,000 • 21.8% • Butler University
$151,000,000 • $198,613,000 • 31.5% • Xavier University

TABLE 6: Percentage Change in Endowments from 2018 to 2020 - Selected Atlantic 10 Schools

2018 Endowment • 2020 Endowment • Pecentage Change • Institution

$1,840,000,000 • $1,990,000,000 • 8.15% • Virginia Commonwealth
$1,230,000,000 • $1,200,000,000 • -2.44% • Saint Louis University
$739,000,000 • $712,800,000 • -3.55% • Fordham University
$524,000,000 • $609,700,000 • 16.35% • University of Dayton
$279,000,000 • $472,100,000 • 69.21% • Duquesne University
$261,000,000 • $293,800,000 • 12.57% • Saint Joseph's University

TABLE 7: Composite Listing - 2020 Endowments

2020 Endowment • Institution • 2020 Enrolment

$1,990,000,000 • Virginia Commonwealth • 31,076
$1,863,711,000 • Georgetown University • 19,371
$1,200,000,000 • Saint Louis University • 11,823

$805,425,000 • Villanova University • 10,942
$737,037,000 • DePaul University • 21,922
$719,681,000 • St. John's University • 21,721
$712,800,000 • Fordham University • 16,515
$693,731,000 • Marquette University • 11,550
$609,700,000 • University of Dayton • 11,241
$565,975,000 • Creighton University • 8,770

$476,181,000 • University of Connecticut • 32,669
$472,100,000 • Duquesne University • 9,274
$293,800,000 • Saint Joseph's University • 7,589
$265,193,000 • Seton Hall University • 9,815
$234,228,000 • Providence College • 4,824
$211,953,000 • Butler University • 5,544
$198,613,000 • Xavier University • 7,112

TABLE 8: Composite Listing - Percentage Change in Endowments from 2018 to 2020

Pecentage Change • 2018 Endowment • 2020 Endowment • Institution

69.2% • $279,000,000 • $472,100,000 • Duquesne University
31.5% • $151,000,000 • $198,613,000 • Xavier University

26.3% • $448,000,000 • $565,975,000 • Creighton University
26.1% • $550,000,000 • $693,731,000 • Marquette University
21.8% • $174,000,000 • $211,953,000 • Butler University
20.8% • $596,000,000 • $719,681,000 • St. John's University

16.4% • $524,000,000 • $609,700,000 • University of Dayton
13.7% • $648,000,000 • $737,037,000 • DePaul University
12.6% • $715,000,000 • $805,425,000 • Villanova University
12.6% • $261,000,000 • $293,800,000 • Saint Joseph's University
10.0% • $213,000,000 • $234,228,000 • Providence College

9.1% • $243,000,000 • $265,193,000 • Seton Hall University
8.2% • $1,840,000,000 • $1,990,000,000 • Virginia Commonwealth
6.5% • $447,000,000 • $476,181,000 • University of Connecticut
5.3% • $1,770,000,000 • $1,863,711,000 • Georgetown University

-2.4% • $1,230,000,000 • $1,200,000,000 • Saint Louis University
-3.5% • $739,000,000 • $712,800,000 • Fordham University

TABLE 9: Composite Listing - Niche's Net Price for 2020-21 Academic Year

Niche Net Price • Niche Grade • Niche Best Colleges Rank • School • Conference

$20,042 • A • 158 • UConn Huskies • Big East
$20,968 • B+ • 307 • VCU Rams • Atlantic 10
$26,993 • B • 809 • St. John's Red Storm • Big East
$28,442 • A+ • 25 • Georgetown Hoyas • Big East

$30,732 • A- • 259 • Duquesne Dukes • Atlantic 10
$30,909 • B+ • 293 • Seton Hall Pirates • Big East
$31,098 • A • 132 • Saint Louis Billikens • Atlantic 10
$31,787 • BIG EAST CONFERENCE - AVERAGE NICHE NET PRICE FOR 11 SCHOOLS
$32,022 • A- • 222 • DePaul Blue Demons • Big East
$32,145 • A- • 195 • Creighton Bluejays • Big East
$32,429 • B+ • 397 • Xavier Musketeers • Big East
$33,372 • A • 151 • Dayton Flyers • Atlantic 10
$34,120 • A- • 198 • Marquette Golden Eagles • Big East

$35,242 • A- • 277 • Saint Joseph's Hawks • Atlantic 10
$35,796 • A- • 253 • Providence Friars • Big East
$36,840 • A+ • 64 • Villanova Wildcats • Big East
$39,558 • A • 157 • Fordham Rams • Atlantic 10
$39,923 • A- • 211 • Butler Bulldogs • Big East

TABLE 10: Composite Listing - Niche's 2021 Best Colleges in America School Rankings

Niche Rank • Niche Grade • School • Conference • Niche Net Price

25 • A+ • Georgetown Hoyas • Big East • $28,442
64 • A+ • Villanova Wildcats • Big East • $36,840

132 • A • Saint Louis Billikens • Atlantic 10 • $31,098
151 • A • Dayton Flyers • Atlantic 10 • $33,372
157 • A • Fordham Rams • Atlantic 10 • $39,558
158 • A • UConn Huskies • Big East • $20,042

195 • A- • Creighton Bluejays • Big East • $32,145
198 • A- • Marquette Golden Eagles • Big East • $34,120
211 • A- • Butler Bulldogs • Big East • $39,923
222 • A- • DePaul Blue Demons • Big East • $32,022
253 • A- • Providence Friars • Big East • $35,796
257 • A- • BIG EAST CONFERENCE - AVERAGE NICHE RANKING FOR 11 SCHOOLS
259 • A- • Duquesne Dukes • Atlantic 10 • $30,732
277 • A- • Saint Joseph's Hawks • Atlantic 10 • $35,242

293 • B+ • Seton Hall Pirates • Big East • $30,909
307 • B+ • VCU Rams • Atlantic 10 • $20,968
397 • B+ • Xavier Musketeers • Big East • $32,429

809 • B • St. John's Red Storm • Big East • $26,993

TABLE 11: Enrolments in 2018

2018 Enrolment • Institution

32,303 • Virginia Commonwealth
32,257 • University of Connecticut

23,799 • St. John's University
20,448 • DePaul University

17,858 • Georgetown University
16,500 • Saint Louis University
14,667 • Fordham University

11,745 • Marquette University
10,920 • University of Dayton
10,735 • Villanova University
10,106 • Saint Joseph's University

9,627 • Seton Hall University
8,236 • Creighton University
7,900 • Duquesne University
6,538 • Xavier University

4,848 • Butler University
4,533 • Providence College

TABLE 12: Enrolments in 2020

2020 Enrolment • Institution

32,669 • University of Connecticut
31,076 • Virginia Commonwealth

21,922 • DePaul University
21,721 • St. John's University

19,371 • Georgetown University
16,515 • Fordham University

11,823 • Saint Louis University
11,550 • Marquette University
11,241 • University of Dayton
10,942 • Villanova University

9,815 • Seton Hall University
9,274 • Duquesne University
8,770 • Creighton University
7,589 • Saint Joseph's University
7,112 • Xavier University
5,544 • Butler University

4,824 • Providence College

TABLE 13: Percentage Change in Enrolments from 2018 to 2020

% Change • 2018 Enrolment • 2020 Enrolment • Change • Institution

17.4% • 7,900 • 9,274 • +1,374 • Duquesne University
14.4% • 4,848 • 5,544 • +696 • Butler University
12.6% • 14,667 • 16,515 • +1,848 • Fordham University

8.8% • 6,538 • 7,112 • +574 • Xavier University
8.5% • 17,858 • 19,371 • +1,513 • Georgetown University
7.2% • 20,448 • 21,922 • +1,474 • DePaul University
6.5% • 8,236 • 8,770 • +534 • Creighton University
6.4% • 4,533 • 4,824 • +291 • Providence College

2.9% • 10,920 • 11,241 • +321 • University of Dayton
2.0% • 9,627 • 9,815 • +188 • Seton Hall University
1.9% • 10,735 • 10,942 • +207 • Villanova University
1.3% • 32,257 • 32,669 • +412 • University of Connecticut

-1.7% • 11,745 • 11,550 • -195 • Marquette University
-3.8% • 32,303 • 31,076 • -1,227 • Virginia Commonwealth
-8.7% • 23,799 • 21,721 • -2,078 • St. John's University
-24.9% • 10,106 • 7,589 • -2,517 • Saint Joseph's University
-28.3% • 16,500 • 11,823 • -4,677 • Saint Louis University

TABLE 14: Undergraduate Enrolments in 2020

2020 Undergrad Enrolment • Institution

19,825 • Virginia Commonwealth
18,229 • University of Connecticut

12,784 • DePaul University
11,525 • St. John's University

9,229 • Fordham University
8,175 • Marquette University
8,046 • University of Dayton
7,029 • Georgetown University
6,691 • Saint Louis University
6,528 • Villanova University
5,782 • Seton Hall University
5,732 • Duquesne University

4,834 • Xavier University
4,509 • Butler University
4,325 • Creighton University
4,222 • Saint Joseph's University
3,891 • Providence College

TABLE 15: Undergraduate Enrolment as a Percentage of Total Enrolment

% Undergraduates • 2020 Undergrad Enrolment • 2020 Enrolment • Institution

36.3% • 7,029 • 19,371 • Georgetown University
49.3% • 4,325 • 8,770 • Creighton University

53.1% • 11,525 • 21,721 • St. John's University
55.6% • 4,222 • 7,589 • Saint Joseph's University
55.8% • 18,229 • 32,669 • University of Connecticut
55.9% • 9,229 • 16,515 • Fordham University
56.6% • 6,691 • 11,823 • Saint Louis University
58.3% • 12,784 • 21,922 • DePaul University
58.9% • 5,782 • 9,815 • Seton Hall University
59.7% • 6,528 • 10,942 • Villanova University

61.8% • 5,732 • 9,274 • Duquesne University
63.8% • 19,825 • 31,076 • Virginia Commonwealth
68.0% • 4,834 • 7,112 • Xavier University

70.8% • 8,175 • 11,550 • Marquette University
71.6% • 8,046 • 11,241 • University of Dayton

80.7% • 3,891 • 4,824 • Providence College
81.3% • 4,509 • 5,544 • Butler University

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Notes and Observations Notes concerning TABLES 1 to 15

Re: ‘Selected Atlantic 10 Schools’: If the Presidents of the Big East Institutions choose to consider conference expansion in the future, it is unlikely that Fordham, St. Joseph’s, or Duquesne will make their ‘short list’. However, I have included those institutions in the TABLES above because they are Catholic universities with good academic reputations, and are located in New York City, Philadelphia, and Pittsburgh, respectively – the heart of Big East territory. In fact, seven of the eleven Big East schools compete with Fordham, St. Joseph’s, Duquesne, Dayton, and Saint Louis for ‘customers’ – i.e. undergraduate students, graduate students, post-graduate research fellowships, etc., and more importantly, government and private Sponsored Research. It is my perception that Georgetown and Villanova compete less with the aforementioned BE and A10 schools, and more with the Ivy League schools, Notre Dame, and Boston College for their elite customers. Creighton is a geographic outlier with a very good academic reputation. I know nothing about their customer base but would appreciate it if a Creighton alumnus could fill us in. VCU is in the same category as UConn (public universities with 32,000 students), but UConn has a much better academic reputation than VCU, and a much richer basketball tradition.

Re: TABLES 1 and 2: Georgetown had the biggest gain in Enrolment (17,858 in 2018 to 19,371 in 2020).

Re: TABLES 3 and 4: Saint Louis had the biggest drop in Enrolment (16,500 in 2018 to 11,823 in 2020).

Re: TABLE 5: Percentage Change in Endowments from 2018 to 2020 - Big East Schools: Georgetown has the biggest endowment, but had the smallest increase in the value of their endowment (5.3%). Conversely, Xavier has the smallest endowment in the Big East, but had the biggest increase in the value of their endowment (31.5%).

Re: TABLE 5: Percentage Change in Endowments from 2018 to 2020 - Big East Schools: Creighton, Marquette, Butler, and St. John's also did quite well, with their values of their endowments increasing by 21% to 26% over the two-year period.

Re: TABLE 6: Percentage Change in Endowments from 2018 to 2020 - Selected Atlantic 10 Schools : The value of Duquesne’s Endowment increased by an astonishing 69% in two years, while the Endowments of Saint Louis and Fordham lost value during the same time period.

Re: TABLES 5 and 6: It is noted that the changes in value of the Endowments of Xavier, Duquesne, Saint Louis, and Fordham are puzzling anomalies whose investigations are beyond the scope of this post. It is possible that these anomalies can be explained by investment strategy (high-risk/big expected return vs. low-risk/small expected return) or the quality of investment advisors. For more about this see Investopedia.

Endowment - Investopedia

Capital Asset Pricing Model - Investopedia

Systematic Risk - Investopedia

Beta - Investopedia

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Links to Data Sources

Tables 1 and 3: 2018 Endowments and Enrolments mined in July 2019 – Wikipedia / HLOH Post [Table 6(a): Schools of Interest]

Table 2: Big East Conference (with 2020 Endowments mined in July 2021) – Wikipedia

Table 4: Atlantic 10 Conference (with 2020 Endowments mined in July 2021) – Wikipedia

Tables 5 to 8 were derived from Tables 1 to 4.

Tables 9 and 10: TABLE 4: Niche's 2021 Best Colleges in America - SCHOOL RANKINGS – Niche / HLOH post dated February 20, 2021

Table 11 was copied from a previous HLOH post of mine made in 2019.

Table 12: Big East Conference (with 2020 Enrolments mined in July 2021) – Wikipedia

Table 13 was derived from Tables 11 and 12.

Table 14 is the extraction of undergraduate enrolments from each school’s Wikipedia article.

Table 15 was derived from Tables 12 and 14.
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Perspective – Part 1: Data

New Big East, Fox Sports Formally Ink 12-Year, $500M Deal – Sports Business Journal – March 21, 2013

($500,000,000)/(12 years) = $41,666,667/year to the Big East Conference.

($41,666,667/year)/(10 Big East schools) = $4,166,667 per school per year. (It will actually be less, as the BE Conference will take about 10%.)

2016 College Basketball Value Rankings - Ryan Brewer, Wall Street Journal – 2017 (176 schools ranked)

Big East 2018-19 Basketball Revenue – HLOH thread - GoldenWarrior11

Survey Year • Institution Name • Revenue from Men's Basketball

2018 • Marquette University • $21,856,683
2018 • University of Dayton • $16,281,364
2018 • Villanova University • $14,428,932
2018 • Xavier University • $13,916,975
2018 • Georgetown University • $13,573,946
2018 • Providence College • $11,117,186
2018 • St. John's University • $10,028,677

2018 • University of Connecticut • $9,325,922
2018 • Creighton University • $8,590,055
2018 • Butler University • $8,228,482
2018 • Seton Hall University • $7,506,127
2018 • DePaul University • $6,793,520

Big Ten announces six-year deal with ESPN, Fox Sports worth $2.64 billion - Teddy Greensteing, The Chicago Tribune – July 24, 2017

($2.64 billion)/(6 years) = $440,000,000/year to the Big Ten Conference.

($440,000,000/year)/(14 Big Ten schools) = $31,428,571 per school per year. (It will actually be less, as the B10 Conference will take about 10%.)

2018 College Football Value Rankings - Ryan Brewer, Wall Street Journal – 2019 (115 schools ranked)

Southeastern Conference's revenue increased slightly to $729 million in 2020 fiscal year – Steve Berkowitz, USA Today – February 4, 2021

Power Five conference revenues slowed by COVID-19 pandemic, tax records show – Steve Berkowitz, USA Today – May 20, 2021

► The Big Ten: reported $768.9 million in revenue, down from 2019 but still about $40 million ahead of the SEC for the top figure. It lowered payouts to its 12 longest-standing members by about $1.3 million per school to $54.3 million per school.

► The SEC announced that the revenue distribution for 2019-20 fiscal year totaled $657.7 million. The average amount distributed to each of the 14 schools, excluding bowl game award money, was slightly over $45.5 million per school.

► The 10-team Big 12 reported $409 million, down by $30 million from 2019. Its payouts ranged from $37 million to $40.5 million, a decline of more than $1 million per school. The conference operated at a slight deficit for the year because of issues related to the pandemic, and it used some of its reserves to keep school payouts from being even lower, a spokesman said.

► The Pac-12 reported $533.8 million, a $3 million increase over a year earlier, and averaged payouts of about $33.6 million per school. The payouts were up by about $1.2 million per school, and the conference said about $5 million from its reserves were used to support the per-school increase so it could meet the amount that had been budgeted.

► The ACC, aided by new income from a conference TV network that launched in August 2019, increased revenue by just over $40 million to nearly $497 million. Its increased payouts ranged from $30.9 million to $37 million, plus $10.8 million to Notre Dame. Despite the revenue increase, the ACC reported a nearly $3 million annual operating deficit.

Ranking college sports' highest revenue producers - Brad Crawford, 247 Sports - July 17, 2020

1. Texas — $223,000,000
2. Texas A&M — $212,000,000
3. Ohio State — $210,000,000
4. Michigan — $197,000,000
5. Georgia — $174,000,000
6. Penn State — $164,000,000
7. Alabama — $164,000,000
8. Oklahoma — $163,000,000
9. Florida — $159,000,000
10. LSU — $157,000,000
11. Wisconsin — $156,000,000
12. Florida State — $152,000,000
13. Auburn — $152,000,000
14. Iowa — $151,000,000
15. Kentucky — $150,000,000

Colleges With the Highest Research and Development Funding - BestColleges.com - November 18, 2020

1. John Hopkins University, Baltimore, MD – $2,562,307,000
2. University of Michigan, Ann Arbor, MI – $1,530,139,000
3. University of California - San Francisco – $1,409,398,000
4. University of Pennsylvania, Philadelphia, PA – $1,374,293,000
5. University of Washington, Seattle, WA – $1,348,220,000
6. University of Wisconsin, Madison, WI – $1,193,413,000
7. University of California - San Diego, San Diego, CA – $1,133,454,000
8. Duke University, Durham, NC – $1,126,924,000
9. Harvard University, Cambridge, MA – $1,123,160,000
10. Stanford University, Stanford, CA – $1,109,708,000
11. University of North Carolina, Chapel Hill, NC – $1,102,063,000
12. University of California - Los Angeles – $1,076,917,000
13. Cornell University, Ithaca, NY – $984,478,000
14. Massachusetts Institute of Technology, Cambridge, MA – $952,017,000
15. Yale University, New Haven, CT – $951,084,000

List of Colleges and Universities in the United States by 2019 Endowment - Wikipedia

Institution – 2019 Endowment

1. Harvard University – $40,580,000,000
2. Yale University – $31,200,000,000
3. Stanford University – $28,900,000,000
4. Princeton University – $26,560,000,000
5. Massachusetts Institute of Technology – $18,500,000,000
6. University of Pennsylvania – $14,880,000,000
7. University of Notre Dame – $11,960,000,000
8. Columbia University – $11,260,000,000
9. Northwestern University – $10,930,000,000
10. Duke University – $8,470,000,000
11. Washington University in St. Louis – $8,420,000,000
12. University of Chicago – $8,200,000,000
13. Emory University – $7,940,000,000
14. Cornell University – $7,220,000,000
15. Vanderbilt University – $6,920,000,000

Harvard Endowment Valued at $41.9 Billion, Up 2.4 Percent – John S. Rosenberg, HarvardMagazine – September 29, 2020

Harvard’s endowment value was $41.9 billion as of this past June 30, the end of fiscal year 2020—an increase of $1.0 billion (2.4 percent) from $40.9 billion a year earlier.

Harvard Management Company (HMC) recorded a 7.3 percent return on endowment assets during fiscal 2020: up from the 6.5 percent return recorded during the prior year. (The return figures take investment expenses and fees into account.)

Among other institutions with similar investment strategies that have reported results, the perennially outstanding MIT earned an 8.3 percent return on its pooled investments, and the value of its endowment rose 5.4 percent to $18.4 billion. Yale reported a 6.8 percent rate of return, and its endowment increased 2.7 percent in value, to $31.2 billion.

The 100 Richest Universities in North America - James A. Barham, TheBestSchools.org - April 23, 2021
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Perspective – Part 2: Observations

In 2018-19, the Big East Conference generated $41,666,667 in revenue from its TV Rights Contract with Fox Sports (shared by its 10 member schools).

In 2018, the Dayton Flyers Men’s Basketball program generated $16,281,364 in revenue – more than 10 of the 11 present Big East schools.

In 2019-20, the University of Dayton School of Engineering generated $166,000,000 in revenue from its sponsored Engineering Research & Development (including UDRI) – more than 10 times the $16,281,364 in revenue generated by UD’s Men’s Basketball program.

In 2020, the University of Michigan generated $197,000,000 in revenue from its athletic programs, and $1,530,139,000 from sponsored Research & Development.

In 2019-20, Harvard University generated $1,123,160,000 in revenue from its sponsored Research & Development, and saw the value of its Endowment increase by $1,000,000,000 to $41,900,000,000.

► Additional spreadsheet calculations show that in general, for most P5 Conference schools, about 80% of their total sports revenue is generated by football, and 20% of their total sports revenue is generated by basketball, meaning that football revenue is worth approximately four times the revenue obtained from basketball.

► Additional spreadsheet calculations show that for many P5 Conference schools, the revenue generated by Sponsored Research & Development is worth 6 to 8 times the total revenue generated by their football and basketball programs.

If the Presidents of the Big East Institutions choose to consider conference expansion in the future, the success in basketball in recent years will certainly be a primary consideration for potential candidates for their ‘short list’, but many other factors will come into play before any decisions are made.

Criteria such as institutional fit, basketball history and tradition, geographic location, expenditure and investment in basketball program, home basketball attendance, propensity of fan base to travel to away games and tournaments, geographic spread of alumni, TV market size, TV ratings for games, enrolment, endowment, financial stability, and academic reputation will also be carefully evaluated for each candidate school for expansion.

Presidents of universities have a fiduciary duty to view the world differently from the universities’ most ardent basketball fans, and they are paid to take that responsibility seriously. Some HLOH posters would benefit from remembering that before making posts which implicitly suggest that the Presidents of Big East Conference schools will fail to carry out Due Diligence concerning possible Big East expansion.

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[Fieldhouse Flyer]

Post #2

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities
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More about College Sports Revenues and Profits

New Big East, Fox Sports Formally Ink 12-Year, $500M Deal – Sports Business Journal – March 21, 2013

($500,000,000)/(12 years) = $41,666,667/year to the Big East Conference.

Ohio State Athletics Facing $60-70 Million Deficit For 2021 Fiscal Year - Dan Hope, Eleven Warriors - February 26, 2021

Ticket sales made up nearly $66,000,000 of Ohio State’s revenues for the 2020 fiscal year (which included the 2019 football season).

Approximate Payouts per School: Power Five Conference Schools in 2020

Conference • Total per School

► Big Ten • $54,300,000
► SEC • $45,500,000
► Big 12 • $39,000,000
► Pac-12 • $35,000,000
► ACC • $35,000,000

Ranking college sports' highest revenue producers - Brad Crawford, 247 Sports - July 17, 2020

1. Texas — $223,000,000
2. Texas A&M — $212,000,000
3. Ohio State — $210,000,000
4. Michigan — $197,000,000
5. Georgia — $174,000,000
6. Penn State — $164,000,000
7. Alabama — $164,000,000
8. Oklahoma — $163,000,000
9. Florida — $159,000,000
10. LSU — $157,000,000
11. Wisconsin — $156,000,000
12. Florida State — $152,000,000
13. Auburn — $152,000,000
14. Iowa — $151,000,000
15. Kentucky — $150,000,000
16. Tennessee — $143,000,000
17. South Carolina — $140,600,000
18. Michigan State — $140,000,000
19. Louisville — $139,000,000
20. Arkansas — $137,000,000

Top 20 Most Profitable College Football Programs - AthleticScholarships.net – 2021

1. Texas – $92,000,000
2. Tennessee – $70,000,000
3. LSU – $58,000,000
4. Michigan – $56,000,000
5. Notre Dame – $54,000,000
6. Georgia – $50,000,000
7. Ohio State – $50,000,000
8. Oklahoma – $48,000,000
9. Auburn – $47,000,000
10. Alabama – $46,000,000
11. Oregon – $40,000,000
12. Florida State – $39,000,000
13. Arkansas – $38,000,000
14. Washington – $38,000,000
15. Florida – $37,000,000
16. Texas A&M – $37,000,000
17. Penn State – $36,000,000
18. Michigan State – $32,000,000
19. USC – $29,000,000
20. South Carolina – $28,000,000

Does Football Fund Other Sports At College Level - Kristi Dosh, Attorney, Forbes - May 5, 2011

First, let me say that it is generally true that football, and sometimes men’s basketball, subsidizes a (sometimes large) portion of the expenses for other teams. It doesn’t matter if we’re looking at a team from Conference USA or the SEC. Accordingly, I pulled numbers for several of the top student fee recipients, both in terms of dollars and percentage, an SEC school, a Big Ten school and Cal-Berkeley because of their recent fundraising efforts to save five sports.

In the Charts that follow, you will see a breakdown of the revenue and expenses for football, men’s and women’s basketball and the catchall for the rest of the varsity sports, “Other Sports”. I’ve also indicated how men’s teams are represented in the “Other Sports” category (with all track and field-related teams being counted as one sport) and how many total participants.

University of Central Florida • Revenue • Expense • Profit

Football • $15,173,200.00 • $8,507,856.00 • $6,665,344.00
Men’s Basketball • $2,279,998.00 • $2,134,978.00 • $145,020.00
Women’s Basketball • $416,214.00 • $1,370,168.00 • -$953,954.00
Other Sports – Men’s (6)(238) • $805,958.00 • $1,978,860.00 • -$1,172,902.00
Other Sports – Women’s (8)(227) • $1,698,109.00 • $4,737,880.00 • -$3,039,771.00

Athletic Department Net Profit: $1,643,737.00

As you can see, UCF turns a profit when it comes to strictly viewing team revenues and expenses thanks to profits from football and men’s basketball. This is before you add in their $17.5 million in student fees. However, it’s also before you add in costs like coaches salaries ($5.9m), recruiting ($559k), gameday operating expenses ($3.6m) and student aid ($5.7m). With those expenses included, it takes student fees, alumni contributions and other revenue from sources like licensing and advertising to allow UCF to turn an overall profit in the athletic department.

By contrast, Ohio University does not make enough from football or men’s basketball to cover the losses by other sports:

Ohio University • Revenue • Expense • Profit

Football • $7,467,896.00 • $7,385,482.00 • $82,414.00
Men’s Basketball • $2,614,831.00 • $2,327,125.00 • $287,706.00
Women’s Basketball • $1,149,723.00 • $1,427,734.00 • -$278,011.00
Other Sports – Men’s (6)(245) • $1,884,051.00 • $1,928,829.00 • -$44,778.00
Other Sports – Women’s (8)(253) • $4,363,211.00 • $4,732,698.00 • -$369,487.00

Athletic Department Net Loss: -$322,156.00

Ohio is already operating at a deficit before you add in coaches salaries ($4.1m), recruiting ($380k), gameday operating expenses ($2.6m) and student aid ($6.3m).

Florida Atlantic is in even worse shape, because they’re not even turning a profit on football:

Florida Atlantic University • Revenue • Expense • Profit

Football • $2,280,834.00 • $4,610,870.00 • -$2,330,036.00
Men’s Basketball • $379,745.00 • $1,205,402.00 • -$825,657.00
Women’s Basketball • $121,177.00 • $922,597.00 • -$801,420.00
Other Sports – Men’s (8)(303) • $340,689.00 • $1,663,949.00 • -$1,323,260.00
Other Sports – Women’s (8)(175) • $432,511.00 • $2,603,570.00 • -$2,171,059.00

Athletic Department Net Loss: -$7,451,432.00

Schools in Power Five conferences are not immune. University of California – Berkeley has been trying to save five sports since last fall in their effort to cut institutional support under $10 million per year. Here’s a look at their problem:

University of California – Berkeley • Revenue • Expense • Profit

Football • $24,421,437.00 • $18,519,523.00 • $5,901,914.00
Men’s Basketball • $6,967,208.00 • $5,816,679.00 • $1,150,529.00
Women’s Basketball • $2,183,820.00 • $2,981,083.00 • -$797,263.00
Other Sports – Men’s (12)(577) • $4,770,156.00 • $8,459,403.00 • -$3,689,247.00
Other Sports – Women’s (13)(388) • $7,907,079.00 • $10,592,018.00 • -$2,684,939.00

Athletic Department Net Loss: -$119,006.00

As you can see, the profit from football and men’s basketball is not enough to cover the other sports. Once you add in coaches salaries ($11.9m), student aid ($11.1m), recruiting ($1.0m) and gameday operations ($9.5m), you can see why the school might have been forced to look at making cuts. Let me also point out that Cal has 25 total teams, which is 8 more than you’ll see at Florida and equal to that you’ll see at Penn State below. The difference between Cal and Penn, however, is about $44 million in football profit and another $3.1 in men’s basketball profit. Bottom line: Penn State can afford to field 25 teams … perhaps Cal simply cannot.

As I’ve eluded to, things are a little easier in the SEC and Big Ten where football and men’s basketball make enough profit to cover all the other sports. Here’s a look at Florida:

University of Florida • Revenue • Expense • Profit

Football • $68,715,750.00 • $24,457,557.00 • $44,258,193.00
Men’s Basketball • $10,184,136.00 • $7,908,661.00 • $2,275,475.00
Women’s Basketball • $160,828.00 • $2,997,648.00 • -$2,836,820.00
Other Sports – Men’s (7)(303) • $1,375,526.00 • $6,687,001.00 • -$5,311,475.00
Other Sports – Women’s (10)(248) • $2,641,684.00 • $12,634,533.00 • -$9,992,849.00

Athletic Department Net Profit: $28,392,524.00

You’ll notice that even at Florida, women’s basketball and men’s and women’s other sports operate at a deficit. Florida football and men’s basketball makes enough to cover not only that deficit, but also coaches salaries ($17.4), student aid ($7.5m) and recruiting ($1.4m) before having to dip into funds like alumni contributions and advertising/licensing/royalties. Although Florida’s athletic department receives income from student fees ($2.5m) and state support ($1.9m), it would turn a profit of over %6.9 million without those funds.

The same is true on an even larger scale at Penn State:, where there are 8 more men’s and women’s teams that at Florida:

Penn State University • Revenue • Expense • Profit

Football • $70,208,584.00 • $19,780,939.00 • $50,427,645.00
Men’s Basketball • $8,384,315.00 • $4,147,124.00 • $4,237,191.00
Women’s Basketball • $827,499.00 • $3,181,099.00 • -$2,353,600.00
Other Sports – Men’s (13)(478) • $3,820,427.00 • $8,209,238.00 • -$4,388,811.00
Other Sports – Women’s (12)(351) • $4,867,444.00 • $9,729,303.00 • -$4,861,859.00

Athletic Department Net Profit: $43,060,566.00

The $43 million surplus left from football and men’s basketball after covering the other sports also covers coachs’ salaries ($9.4m), student aid ($11.1m), recruiting ($967k) and gameday expenses ($7.5m). At the end of the day, Penn State shows a $26.4 million profit without the aid of any student fees, direct institutional support or state support.

So, no matter whether you’re Ohio University or Penn State, football and men’s basketball are generally the only profit producing sports. When profits from those two sports aren’t large enough to cover the other sports and other expenses like recruiting and coaches’ salaries, schools generally have to rely upon student fees and other types of direct institutional support.

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More about Endowments and Sponsored Research & Development Revenue

What is a College Endowment and Why is it So Important - Allison Wignall, CollegeRaptor - December 9, 2019

How Do University Endowments Work? - Albert Phung, Investopedia - February 15, 2021

Perspective: Why can’t colleges use endowments to fill budget gaps? - James D. Hogan, EdNC.org - May 14, 2020

Why Not Use Those Large Endowments To Save Colleges? - David Rosowsky, Forbes - June 1, 2020

Understanding College and University Endowments - American Council on Education – 2021 (16-page .pdf color booklet with graphs, charts, etc.)

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The 100 Richest Universities in North America - James A. Barham, TheBestSchools.org - April 23, 2021

1. Harvard University — $38.3 Billion (Cambridge, Massachusetts)

Endowment: $38,303,383,000
Undergraduate Tuition: $50,420 per year
Average Full Professor Salary: $226,394
Annual Research Expenditures: $1,123,160,000

With a current endowment of over $38 billion, Ivy League Harvard University is the wealthiest university in the world. Founded in 1636 as New College, it was quickly renamed in honor of John Harvard, a Cambridge–educated clergyman who donated $1,285 and a large collection of books. Since then, Harvard has continued to accumulate land, books, artwork, valuable documents, and — especially in recent years — money. In 2015, alumnus John A. Paulson donated $400 million to the School of Engineering and Applied Sciences, making him the largest single–gift donor in university history. Other major donors include the NFL Players Association, David Rockefeller, Emily Rauh Pulitzer, Kenneth C. Griffin, and Bill and Melinda Gates, all who have donated totals of more than $100 million. Harvard University also ranks first as the best university in the world and in the U.S.
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60. Georgetown University — $1.735 Billion (Washington, D.C.)

Endowment: $1,769,557,000
Undergraduate Tuition: $54,104 per year
Average Full Professor Salary: $203,899
Annual Research Expenditures: $212,319,000

With an endowment of $1.769 billion, Georgetown University, ranked by U.S. News & World Report as the 22nd–best university in the country, is also the 60th–wealthiest in North America. Much of Georgetown’s wealth is held in its assets. Founded in 1789, Georgetown’s centrally located Washington, D.C., campus includes numerous Romanesque buildings, including National Historic Landmark Healy Hall. Georgetown’s top–ranked law school sits right on Capitol Hill, while auxiliary campuses exist in Italy, Turkey, and Qatar. The school enjoys a healthy donor pool, as well, including former L.A. Dodgers owner Frank H. McCourt, Jr., who in 2014 pledged a record $100 million to build the McCourt School of Public Policy.
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100. University of Tulsa — $1.093 Billion (Tulsa, Oklahoma)

Endowment: $1,093,042,000
Undergraduate Tuition: $41,509 per year
Average Full Professor Salary: $121,512
Annual Research Expenditures: $20,879,000

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Georgetown University 2018 Basketball Revenue: $13,573,946

Georgetown University Annual Research Expenditures: $212,319,000

Ratio: (Research Revenue)/(Sports Revenue) = ($212,319,000/$13,573,946) = 15.8

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[Fieldhouse Flyer]

Post #3

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities
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INDEX PAGE: NCAA MEN’S BASKETBALL ATTENDANCE 1975-76 TO PRESENT – NCAA.org

2010-11 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2011

Rank. School • Average Home Game Attendance

11. Marquette • 15,586
22. Creighton • 13,507
25. Georgetown • 12,675
27. Dayton • 12,567
32. UConn • 11,569
38. Villanova • 10,511
44. Xavier • 10,098

57. St. John's • 8,431
62. Seton Hall • 7,937
67. DePaul • 7,676
73. Butler • 7,178
63. Providence • 7,043
80. VCU • 6,645
66. Saint Louis • 6,299

2011-12 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2012

Rank. School • Average Home Game Attendance

6. Creighton • 16,665
13. Marquette • 15,138
26. UConn • 12,640
28. Dayton • 12,154
35. Georgetown • 11,283
39. Xavier • 10,155

44. Villanova • 8,923
54. St. John's • 8,428
63. Providence • 7,883
66. Saint Louis • 7,757
67. DePaul • 7,740
70. VCU • 7,622
76. Seton Hall • 6,941
78. Butler • 6,599

2012-13 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2013

Rank. School • Average Home Game Attendance

6. Creighton • 17,155
15. Marquette • 15,033
26. Dayton • 12,438
33. Georgetown • 10,911
34. UConn • 10,728

43. Xavier • 9,781
55. Villanova • 8,022
58. Butler • 7,899
60. Providence • 7,772
62. VCU • 7,693
63. DePaul • 7,681
64. Saint Louis • 7,673
70. St. John's • 7,330
72. Seton Hall • 7,035

2013-14 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2014

Rank. School • Average Home Game Attendance

5. Creighton • 17,896
14. Marquette • 15,327
28. Dayton • 12,316
40. UConn • 10,134

42. Xavier • 9,890
48. Villanova • 8,943
51. Georgetown • 8,670
54. Saint Louis • 8,428
56. Providence • 8,347
59. Butler • 7,788

62. VCU • 7,741
66. St. John's • 7,036
80. DePaul • 6,363
81. Seton Hall • 6,336

2014-15 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2015

Rank. School • Average Home Game Attendance

6. Creighton • 17,048
22. Marquette • 13,657
24. Dayton • 12,718
37. UConn • 10,687

42. Xavier • 9,998
44. Villanova • 9,639
45. Georgetown • 9,630
52. Providence • 8,614
61. VCU • 7,638
63. Seton Hall • 7,587
65. St. John's • 7,463
66. Butler • 7,373
68. Saint Louis • 7,032
83. DePaul • 6,238

2015-16 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2016

Rank. School • Average Home Game Attendance

10. Creighton • 15,941
21. Marquette • 13,308
25. Dayton • 12,941
40. UConn • 10,413
41. Xavier • 10,281

44. Providence • 9,703
51. Georgetown • 8,879
58. Butler • 8,164
59. Villanova • 8,119
62. VCU • 7,637
67. Seton Hall • 7,070
71. St. John's • 6,944
77. Saint Louis • 6,757
95. DePaul • 5,513

2016-17 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2017

Rank. School • Average Home Game Attendance

5. Creighton • 17,412
19. Marquette • 13,715
22. Dayton • 13,018
38. Xavier • 10,282

44. Villanova • 9,772
52. UConn • 8,505
53. Providence • 9,703
54. Georgetown • 8,879
55. St. John's • 8,448
57. Butler • 8,357
62. Seton Hall • 7,953
66. VCU • 7,637
95. Saint Louis • 5,593
100. DePaul • 4,922

2017-18 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2018

Rank. School • Average Home Game Attendance

TOP 30 IN ATTENDANCE:

5. Creighton • 17,000
23. Dayton • 12,996
26. Marquette • 12,323
30. Villanova • 11,828

ATTENDANCE LISTED APHABETICALLY BY NCAA.ORG

Xavier • 10,475
Providence • 9,547
St. John's • 9,134
Butler • 8,554
Seton Hall • 8,456
UConn • 7,829
VCU • 7,637
Georgetown • 7,531
Saint Louis • 6,235
DePaul • 6,147

2018-19 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2019

Rank. School • Average Home Game Attendance

TOP 30 IN ATTENDANCE:

8. Creighton • 15,980
9. Marquette • 15,611
22. Dayton • 12,957

ATTENDANCE LISTED APHABETICALLY BY NCAA.ORG

Xavier • 10,034
St. John's • 9,798
Providence • 9,542
Villanova • 9,053
UConn • 8,652
Seton Hall • 8,507
Butler • 8,419
VCU • 7,637
Georgetown • 7,212
Saint Louis • 6,890
Gonzaga • 6,000
DePaul • 3,806

2019-20 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2020

Rank. School • Average Home Game Attendance

TOP 30 IN ATTENDANCE:

5. Creighton • 17,314
15. Marquette • 15,145
23. Dayton • 13,364

ATTENDANCE LISTED APHABETICALLY BY NCAA.ORG

Villanova • 11,299
Seton Hall • 10,328
Xavier • 10,311
Providence • 10,064
UConn • 9,199
Butler • 8,617
Georgetown • 7,931
VCU • 7,637
Saint Louis • 6,880
St. John's • 6,236
DePaul • 5,187

2020-21 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2021

ATTENDANCE RECORDS THROUGH 2020-21

2020 Attendance Summary - Page 2
… All-Time Attendance Leaders – Page 15
… Annual Division Attendance Totals – Page 18
… Annual Conference & School Attendance Champions – Page 19
… Annual NCAA Tournament Attendance – Page 24
… Attendance Records – Page 25

No ‘Attendance for each team’ listings for the 2020-21 season, when Dayton’s average paid home attendance was 0 fans per game.

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[Fieldhouse Flyer]

Post #4

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities
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Creighton Attendance Summary: 2010-11 through 2019-20

2010-11 • 22. Creighton • 13,507
2011-12 • 6. Creighton • 16,665
2012-13 • 6. Creighton • 17,155

2013-14 • 5. Creighton • 17,896
2014-15 • 6. Creighton • 17,048
2015-16 • 10. Creighton • 15,941
2016-17 • 5. Creighton • 17,412
2017-18 • 5. Creighton • 17,000
2018-19 • 8. Creighton • 15,980
2018-19 • 9. Marquette • 15,611
2019-20 • 5. Creighton • 17,314

Marquette Attendance Summary: 2010-11 through 2019-20

2010-11 • 11. Marquette • 15,586
2011-12 • 13. Marquette • 15,138
2012-13 • 15. Marquette • 15,033

2013-14 • 14. Marquette • 15,327
2014-15 • 22. Marquette • 13,657
2015-16 • 21. Marquette • 13,308
2016-17 • 19. Marquette • 13,715
2017-18 • 26. Marquette • 12,323
2018-19 • 9. Marquette • 15,611
2019-20 • 15. Marquette • 15,145

Dayton Attendance Summary: 2010-11 through 2019-20

2010-11 • 27. Dayton • 12,567
2011-12 • 28. Dayton • 12,154
2012-13 • 26. Dayton • 12,438

2013-14 • 28. Dayton • 12,316
2014-15 • 24. Dayton • 12,718
2015-16 • 25. Dayton • 12,941
2016-17 • 22. Dayton • 13,018
2017-18 • 23. Dayton • 12,996
2018-19 • 22. Dayton • 12,957
2019-20 • 23. Dayton • 13,364

Villanova Attendance Summary: 2010-11 through 2019-20

2010-11 • 38. Villanova • 10,511
2011-12 • 44. Villanova • 8,923
2012-13 • 55. Villanova • 8,022

2013-14 • 48. Villanova • 8,943
2014-15 • 44. Villanova • 9,639
2015-16 • 59. Villanova • 8,119
2016-17 • 44. Villanova • 9,772
2017-18 • 30. Villanova • 11,828
2018-19 • Villanova • 9,053
2019-20 • Villanova • 11,299

Seton Hall Attendance Summary: 2010-11 through 2019-20

2010-11 • 62. Seton Hall • 7,937
2011-12 • 76. Seton Hall • 6,941
2012-13 • 72. Seton Hall • 7,035

2013-14 • 81. Seton Hall • 6,336
2014-15 • 63. Seton Hall • 7,587
2015-16 • 67. Seton Hall • 7,070
2016-17 • 62. Seton Hall • 7,953
2017-18 • Seton Hall • 8,456
2018-19 • Seton Hall • 8,507
2019-20 • Seton Hall • 10,328

Xavier Attendance Summary: 2010-11 through 2019-20

2010-11 • 44. Xavier • 10,098
2011-12 • 39. Xavier • 10,155
2012-13 • 43. Xavier • 9,781

2013-14 • 42. Xavier • 9,890
2014-15 • 42. Xavier • 9,998
2015-16 • 41. Xavier • 10,281
2016-17 • 38. Xavier • 10,282
2017-18 • Xavier • 10,475
2018-19 • Xavier • 10,034
2019-20 • Xavier • 10,311

Providence Attendance Summary: 2010-11 through 2019-20

2010-11 • 63. Providence • 7,043
2011-12 • 63. Providence • 7,883
2012-13 • 60. Providence • 7,772

2013-14 • 56. Providence • 8,347
2014-15 • 52. Providence • 8,614
2015-16 • 44. Providence • 9,703
2016-17 • 53. Providence • 9,703
2017-18 • Providence • 9,547
2018-19 • Providence • 9,542
2019-20 • Providence • 10,064

UConn Attendance Summary: 2010-11 through 2019-20

2010-11 • 32. UConn • 11,569
2011-12 • 26. UConn • 12,640
2012-13 • 34. UConn • 10,728

2013-14 • 40. UConn • 10,134
2014-15 • 37. UConn • 10,687
2015-16 • 40. UConn • 10,413
2016-17 • 52. UConn • 8,505
2017-18 • UConn • 7,829
2018-19 • UConn • 8,652
2019-20 • UConn • 9,199

Butler Attendance Summary: 2010-11 through 2019-20

2010-11 • 73. Butler • 7,178
2011-12 • 78. Butler • 6,599
2012-13 • 58. Butler • 7,899

2013-14 • 59. Butler • 7,788
2014-15 • 66. Butler • 7,373
2015-16 • 58. Butler • 8,164
2016-17 • 57. Butler • 8,357
2017-18 • Butler • 8,554
2018-19 • Butler • 8,419
2019-20 • Butler • 8,617

Georgetown Attendance Summary: 2010-11 through 2019-20

2010-11 • 25. Georgetown • 12,675
2011-12 • 35. Georgetown • 11,283
2012-13 • 33. Georgetown • 10,911

2013-14 • 51. Georgetown • 8,670
2014-15 • 45. Georgetown • 9,630
2015-16 • 51. Georgetown • 8,879
2016-17 • 54. Georgetown • 8,879
2017-18 • Georgetown • 7,531
2018-19 • Georgetown • 7,212
2019-20 • Georgetown • 7,931

VCU Attendance Summary: 2010-11 through 2019-20

2010-11 • 80. VCU • 6,645
2011-12 • 70. VCU • 7,622
2012-13 • 62. VCU • 7,693

2013-14 • 62. VCU • 7,741
2014-15 • 61. VCU • 7,638
2015-16 • 62. VCU • 7,637
2016-17 • 66. VCU • 7,637
2017-18 • VCU • 7,637
2018-19 • VCU • 7,637
2019-20 • VCU • 7,637

Saint Louis Attendance Summary: 2010-11 through 2019-20

2010-11 • 66. Saint Louis • 6,299
2011-12 • 66. Saint Louis • 7,757
2012-13 • 64. Saint Louis • 7,673

2013-14 • 54. Saint Louis • 8,428
2014-15 • 68. Saint Louis • 7,032
2015-16 • 77. Saint Louis • 6,757
2016-17 • 95. Saint Louis • 5,593
2017-18 • Saint Louis • 6,235
2018-19 • Saint Louis • 6,890
2019-20 • Saint Louis • 6,880

St. John's Attendance Summary: 2010-11 through 2019-20

2010-11 • 57. St. John's • 8,431
2011-12 • 54. St. John's • 8,428
2012-13 • 70. St. John's • 7,330

2013-14 • 66. St. John's • 7,036
2014-15 • 65. St. John's • 7,463
2015-16 • 71. St. John's • 6,944
2016-17 • 55. St. John's • 8,448
2017-18 • St. John's • 9,134
2018-19 • St. John's • 9,798
2019-20 • St. John's • 6,236

DePaul Attendance Summary: 2010-11 through 2019-20

2010-11 • 67. DePaul • 7,676
2011-12 • 67. DePaul • 7,740
2012-13 • 63. DePaul • 7,681

2013-14 • 80. DePaul • 6,363
2014-15 • 83. DePaul • 6,238
2015-16 • 95. DePaul • 5,513
2016-17 • 100. DePaul • 4,922
2017-18 • DePaul • 6,147
2018-19 • DePaul • 3,806
2019-20 • DePaul • 5,187

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[Fieldhouse Flyer]

Post #5

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities
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Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments



2012 Distribution of Division I Men’s Basketball - Related Moneys According to Number of Units by Conference – NCAA.org

Big East Agrees to Sell Name to Breakaway Group of 7 - Richard Sandomir, The New York Times - March 8, 2013

On Friday, the Big East announced an agreement to sell its name to the seven Catholic universities that are breaking away this summer to form a basketball-only conference. The new league will also assume the old one’s contract to play its conference tournament at Madison Square Garden. The last tournament for the current version of the Big East will start on Tuesday.

The sale of the Big East name is not an exchange of cash. Instead, the so-called Catholic 7 will pay primarily by leaving behind much, if not all, of the money they would have received from the exit fees of other departing universities and the entry fees from new members, according to two people who have been briefed on the negotiations. The Catholic universities will not pay departure fees.

A recent report by CBSSports.com said the pool of revenue stood at $68.8 million, according to a document that detailed the terms of the Catholic 7’s separation from the Big East. The document contemplates letting the seven universities retain millions of dollars from their appearances in the N.C.A.A. men’s basketball tournament because they are leaving as a group.

July 1, 2013 • The split between the seven Catholic basketball schools and the football schools comes into legal effect.

Fund and games - Will Hobson, The Washington Post - March 18, 2014

The payout rules are complicated but enticing. Even if your college basketball team doesn’t win a game, you win $1.67 million. A round-of-16 appearance rakes in almost $5 million. A Final Four run? $8.3 million.

What sounds like the country’s most lucrative office pool is actually how the NCAA splits up much of the $700-plus million dollars its men’s basketball tournament makes each year. The competitors in this pool are collegiate sports conferences, and this month a large chunk of money — nearly $220 million, according to NCAA projections — is up for grabs.

The NCAA “urges” — but does not require — conferences to share this money equally among their member schools. In general, officials said, larger conferences split the money evenly among their schools, who use it to help cover athletic department budgets. Smaller conferences, meanwhile, depend on the basketball fund to cover their expenses, and some award any extra money to schools based on their own complicated formulas. For a smaller conference, one surprisingly successful tournament can produce budget-inflating windfalls for years.

Conference officials defend the system as a fair way to share money that supports college athletics. To critics of the NCAA and amateurism in college sports, however, the only number that matters about the basketball fund is the amount paid to the players: $0.

2013–14 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

2014–15 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

2015–16 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

2016–17 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

2017–18 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

How much money do colleges make off the NCAA tournament every year? - Richard Johnson, SB Nation - March 30, 2018

This system began in 1991, and the fund’s money gets distributed to conferences in what are called “units.” These unit share are allotted for every round in the tournament that a team plays in except for the championship round. The fund represents around 40 percent of the revenue distributed by the NCAA every year. The way teams earn those units for their conferences is not as straightforward as X team makes it to Y round of the tournament, and earns $Z.

The NCAA explains the basketball fund and the unit system like this.

The basketball fund provides for moneys to be distributed to Division I conferences based on their performance in the Division I men’s basketball championship over a six-year rolling period (for the period 2007-2012 for the 2012-13 distribution). Independent institutions receive a full unit share based on its tournament participation over the same rolling six-year period. The basketball fund payments are sent to conferences and independent institutions in mid-April each year.

Here’s what the units looked like for the 2013 NCAA tournament, based on the six-year period prior:

2018–19 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

What's an NCAA Tournament unit worth? Millions. Here's how - The Associated Press – March 26, 2019

CONFERENCE PAYOUTS

Here's a look at how much each of college basketball's biggest conferences have been paid from 1997 to 2018:

Big Ten: $340.4 million.
Atlantic Coast: $316.3 million.
Big 12: $307.3 million.
Southeastern: $266.4 million.
Pac-12: $247.7 million.
Big East, 1997-2013: $245.4 million.
Big East, 2014-2018: $40.6 million.

The figures reflect the split of the Big East, which was picked apart during realignment and reconfigured from 16 teams to 10.

2019–20 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

2020–21 Big East Conference Men's Basketball Season including Final Conference Standings and NCAA Tournament Results - Wikipedia

How Much Is an NCAA Tournament Win Worth – Emily Caron, Sportico - March 19, 2021

A unit system tallies how revenue is distributed through two key NCAA funds, which will distribute a combined $222.5 million to conferences this year. Units are awarded for each game played, minus the championship. A school can earn a maximum of five units for its conference in a single March Madness run.

This year’s units carry a $337,141 annual value, according to the NCAA. That number changes each year, typically increasing by about 3% annually. The current year’s value will be applied to units earned by conferences over the previous six tournaments.

Since units are paid out in annual distributions over a rolling six-year period, each one earned during the 2021 tournament will be worth a total of at least $1.68 million for the recipient conferences by the time it is fully paid out in 2027. While the NCAA encourages conferences to share this money equally among member schools, it isn’t required.

NCAA Division I Men's Basketball Tournament - Wikipedia

Where Basketball Is Football: Schools like Dayton and VCU Face Hoops Dependence – Emily Caron, Sportico - November 25, 2020

Dayton puts its hit from the cancellation of the 2020 March Madness and reduced conference distributions at seven figures, while VCU puts its own around “a couple hundred thousand.” As McLaughlin explained it, the A10 splits its NCAA earnings among member institutions on both an equity and performance basis, with higher earners like Dayton and VCU taking home a bigger percentage of the total thanks to the “units” they earned for the conference through NCAA tournament bids and wins.

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[Fieldhouse Flyer]

Post #6

Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue

Post #1: Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue (with TABLES 1 to 15)
Post #2: More about Endowments, Enrolments, Sports Revenue, and Sponsored Research & Development Revenue
Post #3: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by Season
Post #4: NCAA Men’s Basketball Attendance 2010-11 through 2020-21 – Listed by School
Post #5: Variable Revenue Source for Basketball Programs: ‘Units’ Earned in NCAA Men’s Basketball Tournaments
Post #6: Basketball Program Expenses for Selected Universities
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Fun with Finances: Basketball Budgets - Jim Root, Three Man Weave - April 17, 2020

I aimed to kill two birds with one stone by proving the concept of the Power 6 via real research. I downloaded a ludicrously-sized excel report (4,274 columns – not rows, columns) from the Department of Higher Education’s website detailing college athletic department sizes and expenditures, zeroing in on college hoops.

College basketball budgets are just one way of defining the strength of the conferences, but I do feel it’s one of the best (if not the best) methods for doing so; resources matter quite a bit in terms of how much a school can pay a coach, paying for/playing in buy games, etc. And the financial measurements paint a very clear divide - showing Mean and Median for the sake of combating outliers:

List of all 32 Division I Conferences with their Average and Median men’s basketball budgets.

The top six leagues stand above the rest of the country, with even the AAC falling considerably behind the Pac 12 (of note: I pushed UConn to the Big East, even though this is 2018-19 data – I won’t belabor the reasons here, but I think that’s the proper way to do it).

This also supports the notion of cordoning off the AAC, A-10, WCC, and Mountain West as their own “tier” – they stand well above Conference USA, the Colonial, etc. Perhaps it would be more realistic to include the AAC in its own one-league tier; I would not oppose that point of view. Lastly, here’s the list of all schools:

List of all 353 Division I Conferences with their men’s basketball program expenses.

Rank • Team • Conf. • Men’s Basketball Expenses

1. Duke • ACC • $22,178,473
2. Kentucky • SEC • $20,202,558
3. Louisville • ACC • $19,180,078
8. Marquette • Big East (#1) • $14,979,149
10. Villanova • Big East (#2) • $14,428,932
11. Michigan State • Big Ten • $14,395,851
12. Georgetown • Big East (#3) • $13,573,946
20. Providence • Big East (#4) • $11,117,186
22. Ohio State • Big Ten • $10,996,364

27. Gonzaga • WCC • $10,496,251
34. St. John's • Big East (#5) • $10,028,677
41. UConn • Big East (#6) • $9,325,922

51. Creighton • Big East (#7) • $8,590,055
60. Wichita State • American • $8,182,863
68. Seton Hall • Big East {#8) • $7,506,127
71. Dayton • Atlantic 10 (#1) • $7,434,825
72. St. Louis • Atlantic 10 (#2) • $7,428,566
73. Xavier • Big East (#9) • $7,406,374
74. Penn State • Big Ten • $7,343,831

80. DePaul • Big East (#10) • $6,793,520
85. St. Joseph's • Atlantic 10 (#3) • $6,152,876
87. VCU • Atlantic 10 (#4) • $6,102,633
90. Butler • Big East (#11) • $5,760,815
91. Duquesne • Atlantic 10 (#5) • $5,612,982
95. Fordham • Atlantic 10 (#6) • $5,075,355
98. Richmond • Atlantic 10 (#7) • $4,782,542
99. Rhode Island • Atlantic 10 (#8) • $4,745,208

106. George Mason • Atlantic 10 (#9) • $4,287,689
112. UMass • Atlantic 10 (#10) • $4,025,395
117. St. Bonaventure • Atlantic 10 (#11) • $3,832,105
122. La Salle • Atlantic 10 (#12) • $3,558,014
124. George Washington • Atlantic 10 (#13) • $3,548,937
132. Davidson • Atlantic 10 (#14) • $3,297,453

150. Hawaii • Big West • $ 2,960,055
200. UIC (Univ. Illinois - Chicago) • Horizon • $2,248,503
250. NJIT • A Sun • $ $1,857,283
300. Lamar • Southland • $1,384,151
350. South Carolina State • MEAC • $785,619
353. Alcorn State • SWAC • $533,743

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[Fieldhouse Flyer]

Post #7

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• HOME ATTENDANCE → → REVENUE → → EXPENSES → → PROFIT → → PROFIT MARGIN → → ROI → → VALUE OF COLLEGE BASKETBALL TEAM •
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In Post #7 through Post #10, we’ll take a detailed look at the 2018-19 season, which preceded the COVID-19 outbreak, and for which exists a considerable amount of reliable raw data. It is self-evident that greater HOME ATTENDANCE leads to greater REVENUE. However, in order to generate that revenue, a basketball program must incur EXPENSES – such as the salaries of the head coach and assistant coahes and other basketball-program staff, recruiting, building maintenance, heating, lighting, merchandice, large basketball arena rental (for some games for some schools), etc., etc. The university itself absorbs the cost of the athletic scholarships awarded to basketball players, and are not charged to the school’s basketball program.

The difference between REVENUE and EXPENSES is PROFIT, and the PROFIT MARGIN = (PROFIT)/(REVENUE)

The RETURN ON INVESTMENT (ROI) = (PROFIT)/(EXPENSE) • In this instance, the 'investment’ (by the university) is the EXPENSE of its basketball program.

The VALUE OF A COLLEGE BASKETBALL TEAM is highly dependent on its Total Revenue, its Return On Investment and the total value of its assets.

Therefore, it is quite logical and instructive to view the aforementioned raw data groups as being both inter-related and sequential.


TABLE 16: 2018-19 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2019

Rank. School • Average Home Attendance

8. Creighton • 15,980
9. Marquette • 15,611
22. Dayton • 12,957
Xavier • 10,034

St. John's • 9,798
Providence • 9,542
Villanova • 9,053
UConn • 8,652
Seton Hall • 8,507
Butler • 8,419
Georgetown • 7,212
Gonzaga • 6,000
DePaul • 3,806

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[Fieldhouse Flyer]

Post #8

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• HOME ATTENDANCE → → REVENUE → → EXPENSES → → PROFIT → → PROFIT MARGIN → → ROI → → VALUE OF COLLEGE BASKETBALL TEAM •
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TABLE 17: Athletic Deperment Revenues 2018-19
TABLE 18: College Basketball Expenses 2018-19 from 'Fun with Finances: Basketball Budgets'
TABLE 19: Profits from 2018-19 Basketball Season

TABLE 17: Athletic Deperment Revenues 2018-19 – HLOH thread - March 31, 2020

Survey Year • Institution Name • Total Revenue from Men's Basketball

2018-19 • Marquette University• $21,856,683
2018-19 • University of Dayton • $16,281,364
2018-19 • Gonzaga University • $16,200,000
2018-19 • Villanova University • $14,428,932
2018-19 • Xavier University • $13,916,975
2018-19 • Georgetown University • $13,573,946
2018-19 • Providence College • $11,117,186
2018-19 • St. John's University • $10,028,677

2018-19 • UConn • $9,325,922
2018-19 • Creighton University • $8,590,055
2018-19 • Butler University • $8,228,482
2018-19 • Seton Hall University • $7,506,127
2018-19 • DePaul University • $6,793,520

Previously posted: Where Basketball Is Football: Schools like Dayton and VCU Face Hoops Dependence – Emily Caron, Sportico - November 25, 2020

Some $16.3 million of the Flyers’ total of $35 million in athletics earnings in 2018-19, or 46%, came from the court. The vast majority of Dayton’s commercially generated basketball revenue is tied to tickets at the 8,000-student Ohio school; the $11.5 million in ticket-related revenues comprises one-third of the total athletics earnings. Basketball has been good to Dayton, because the Flyers attract fans. Dayton’s 13,407-capacity arena, in the final phase of a $75 million renovation, averaged just under full capacity last season. It has been in the NCAA’s Top 35 in attendance for the last 50 years.

The Flyers also stay within their means; with just $7.4 million in expenses, the men’s basketball team costs less than half of what it generated for the school in 2019.

Dayton also operates its own concessions (which Sullivan says generate more than $2 million annually), sells its own corporate partnerships, and brings in substantial philanthropic support, much of which Sullivan attributes to basketball even if it isn’t listed directly as such in the data. Another $100,000 annually comes from hosting March Madness’s First Four play-in round, but that revenue is not counted in financial reports as basketball revenue,

Of non-FBS institutions, Dayton brings in the second-most money from basketball ($16.3 million) behind Marquette[/color]. The Golden Eagles made $21.8 million in hoops revenue last fiscal year, according to EADA data, good for 56% of their total revenues. Just behind the Flyers is Gonzaga at $16.2 million (45%). A chunk of Big East heavyweights follow, with VCU falling lower down the list.

TABLE 18: College Basketball Expenses 2018-19 from 'Fun with Finances: Basketball Budgets' - Jim Root, Three Man Weave - April 17, 2020

Rank • Team • Conf. • 2018-19 Men’s Basketball Expenses

8. Marquette • Big East (#1) • $14,979,149
10. Villanova • Big East (#2) • $14,428,932
12. Georgetown • Big East (#3) • $13,573,946
20. Providence • Big East (#4) • $11,117,186
27. Gonzaga • WCC • $10,496,251
34. St. John's • Big East (#5) • $10,028,677
41. UConn • Big East (#6) • $9,325,922
51. Creighton • Big East (#7) • $8,590,055
68. Seton Hall • Big East {#8) • $7,506,127
71. Dayton • Atlantic 10 (#1) • $7,434,825
73. Xavier • Big East (#9) • $7,406,374
80. DePaul • Big East (#10) • $6,793,520
90. Butler • Big East (#11) • $5,760,815

TABLE 19: Profits from 2018-19 Basketball Season

Profit = Revenue – Expenses • School

$8,846,539 = $16,281,364 - $7,434,825 • Dayton
$6,877,534 = $21,856,683 - $14,979,149 • Marquette
$6,510,601 = $13,916,975 - $7,406,374 • Xavier
$5,703,749 = $16,200,000 - $10,496,251 • Gonzaga
$2,467,667 = $8,228,482 - $5,760,815 • Butler

$0 = $14,428,932 - $14,428,932 • Villanova
$0 = $13,573,946 - $13,573,946 • Georgetown
$0 = $11,117,186 - $11,117,186 • Providence College
$0 = $10,028,677 - $10,028,677 • St. John's
$0 = $9,325,922 - $9,325,922 • UConn
$0 = $8,590,055 - $8,590,055 • Creighton
$0 = $7,506,127 - $7,506,127 • Seton Hall University
$0 = $6,793,520 - $6,793,520 • DePaul University

It is not uncommon for a net loss in men’s basketball to be reported by the university as: ”Expenses = Revenue” (such as above), meaning that the university did not wish to publicly acknowledge a net loss in men’s basketball, as it “doesn’t look good”, and it causes too many awkward questions to be asked by too many people and too many sports writers.

UCLA Reportedly Offered Jay Wright Ridiculous Amount He Turned Down – NBC Sports - April 30, 2019

We would have loved for Jay Wright to walk out on the floor, but even when we offered to double his salary, he still wasn’t coming. Nothing we can do about that. But I am proud of our effort. We didn’t assume anything, took our shots and I believe will end up with a solid coach who will embrace UCLA and build a program we all can be proud of and root for.

If that’s true, that UCLA offered to double his salary, Wright turned down a ton of money. According to USA Today, Wright makes $3,878,768 per season, so doubling that would give him an annual salary of over $7.75 million. That would be the second-highest salary in college basketball behind Calipari and ahead of Mike Krzyzewski.

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[Fieldhouse Flyer]

Post #9

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• HOME ATTENDANCE → → REVENUE → → EXPENSES → → PROFIT → → PROFIT MARGIN → → ROI → → VALUE OF COLLEGE BASKETBALL TEAM •
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TABLE 20: Profit Margin from 2018-19 Basketball Season
TABLE 21: Return on Investment (ROI) from 2018-19 Basketball Season
TABLE 22: Variable Revenue from 2018-19 Basketball Season
TABLE 23: $ Revenue per Home Game Attendee during the 2018-19 Basketball Season
TABLE 24: 2018-19 NCAA Men’s Basketball Attendance
TABLE 25: Ratio: Average Home Game Attendance / Total School Enrolment During the 2018-19 Basketball Season

……………… Profit Margin = (Profit)/(Revenue) = (Revenue – Expense)/(Revenue)

TABLE 20: Profit Margin from 2018-19 Basketball Season

Profit Margin • Revenue • Expenses • School

54.3% • $16,281,364 • $7,434,825 • Dayton
46.8% • $13,916,975 • $7,406,374 • Xavier
35.2% • $16,200,000 • $10,496,251 • Gonzaga
31.5% • $21,856,683 • $14,979,149 • Marquette
30.0% • $8,228,482 • $5,760,815 • Butler

0.0% • $14,428,932 • $14,428,932 • Villanova
0.0% • $13,573,946 • $13,573,946 • Georgetown
0.0% • $11,117,186 • $11,117,186 • Providence College
0.0% • $10,028,677 • $10,028,677 • St. John's
0.0% • $9,325,922 • $9,325,922 • UConn
0.0% • $8,590,055 • $8,590,055 • Creighton
0.0% • $7,506,127 • $7,506,127 • Seton Hall University
0.0% • $6,793,520 • $6,793,520 • DePaul University

……………… Return on Investment (ROI) = (Profit)/(Expenses) • In this instance, the 'investment’ (by the university) is the Expense of its basketball program.

TABLE 21: Return on Investment (ROI) from 2018-19 Basketball Season

ROI • Profit • Expenses • School

119.0% • $8,846,539 • $7,434,825 • Dayton
87.9% • $6,510,601 • $7,406,374 • Xavier
54.3% • $5,703,749 • $10,496,251 • Gonzaga
45.9% • $6,877,534 • $14,979,149 • Marquette
42.8% • $2,467,667 • $5,760,815 • Butler

0.0% • $0 • $14,428,932 • Villanova
0.0% • $0 • $13,573,946 • Georgetown
0.0% • $0 • $11,117,186 • Providence College
0.0% • $0 • $10,028,677 • St. John's
0.0% • $0 • $9,325,922 • UConn
0.0% • $0 • $8,590,055 • Creighton
0.0% • $0 • $7,506,127 • Seton Hall University
0.0% • $0 • $6,793,520 • DePaul University

In the course of conducting research and analyses in order to satisfy one’s own epistemic curiosity, it is not uncommon to find that newly-answered questions lead to new unanswered questions. For example, ”How much money does each university make from a fan attending a home game?” and ”How does average attendance compare to the university’s total enrolment?”

In order to answer the first question, it is necessary to separate Total Revenue into its two component parts: Fixed Revenue and Variable Revenue.

Fixed Revenue is a specific amount from a specific source which is known in advance, and is unaffected by home game attendance or other variable revenues which can fluctuate, such as revenue from NCAA Tournament ‘Units’. In this study, Fixed Revenue will be deemed to be the annual TV Rights payment to each school. For the Big East, we know it to be $3,750,000 per school per year. Unfortunately, that information is not published for Dayton nor Gonzaga, so values must be assumed. The Dayton Flyers have multiple TV Rights contracts with different parties and get very good ratings on TV. I’ll estimate the total value of UD’s TV Right’s contract as $2,750,000 - a million a year less than Big East teams presently get.

In 2019, the WCC extended their contract with ESPN and added CBS Sports Network to their television lineup, but the value of the TV Rights contract was not publicly disclosed, so I will guess it to be $2,000,000 per school per year, because the WCC is in PAC-12 country, and they get a far bigger TV audience than the WCC teams.

Variable Revenue has two primary components: revenue generated by Home Game Attendance and revenue generated from the receipt of NCAA Tournament ‘Units’.

Home Game Attendance revenue includes the cost of the admission ticket, annual premiums for better (and best) seats in the arena, parking fees, food and drinks purchased from the arena’s concession stands and restaurants, the sale of team merchandise from shops and stands in the arena, and game programs, media guides, etc. etc…

In the following TABLES 22 and 23, the Variable Revenue includes both primary components (Home Game Attendance and NCAA Tournament ‘Units’), as the accurate calculations for NCAA Tournament ‘Units’ are complex and simply not worth the time and effort required.

TABLE 22: Variable Revenue from 2018-19 Basketball Season

Variable Revenue = Total Revenue - Fixed Revenue • School

$18,106,683 = $21,856,683 - $3,750,000 • Marquette
$14,200,000 = $16,200,000 - $2,000,000 • Gonzaga
$13,531,364 = $16,281,364 - $2,750,000 • Dayton
$10,678,932 = $14,428,932 - $3,750,000 • Villanova
$10,166,975 = $13,916,975 - $3,750,000 • Xavier

$9,823,946 = $13,573,946 - $3,750,000 • Georgetown
$7,367,186 = $11,117,186 - $3,750,000 • Providence College
$6,278,677 = $10,028,677 - $3,750,000 • St. John's
$5,575,922 = $9,325,922 - $3,750,000 • UConn
$4,840,055 = $8,590,055 - $3,750,000 • Creighton
$4,478,482 = $8,228,482 - $3,750,000 • Butler
$3,756,127 = $7,506,127 - $3,750,000 • Seton Hall University
$3,043,520 = $6,793,520 - $3,750,000 • DePaul University

TABLE 23: $ Revenue per Home Game Attendee during the 2018-19 Basketball Season

$ Revenue / Attendee = Variable Revenue / Total Attendance • School

$139.22 = $14,200,000 / 102,000 • Gonzaga
$78.64 = $10,678,932 / 135,794 • Villanova
$71.69 = $9,823,946 / 137,036 • Georgetown
$61.43 = $13,531,364 / 220,277 • Dayton
$61.05 = $18,106,683 / 296,611 • Marquette
$56.29 = $10,166,975 / 180,611 • Xavier

$42.89 = $7,367,186 / 171,761 • Providence
$35.80 = $5,575,922 / 155,734 • UConn
$34.77 = $3,043,520 / 87,544 • DePaul
$33.73 = $6,278,677 / 186,169 • St. John's
$33.25 = $4,478,482 / 134,702 • Butler
$29.44 = $3,756,127 / 127,603 • Seton Hall
$15.94 = $4,840,055 / 303,629 • Creighton

There are clearly two anomalies in TABLE 23: Gonzaga (with an average revenue of $139.22 for each fan who attended a Gonzaga home game) and Creighton (with an average revenue of $15.94 for each fan who attended a Creighton home game). The assumed explanations for the Creighton anomaly will be that compared to the other schools in TABLE 23, (1) a larger-than-average percentage of Creighton’s students attend their basketball games with free or very cheap tickets, or (2) Creighton collects smaller-than-average premiums for the better and best seats in the house, or (3) most likely, a combination of (1) and (2).

Concerning Gonzaga, it is known that the Zags have earned many NCAA Tournament ‘Units’, which are a component of Variable Revenue. I’ll explore the Gonzaga anomaly in detail in Post #12: Taking a Closer Look at Gonzaga.

TABLE 24: 2018-19 NCAA MEN’S BASKETBALL ATTENDANCE – NCAA.org – April, 2019

Average Attendance = Total Attendance / No. of Home Games • School

15,980 = 303,629 / 19 games • Creighton University
15,611 = 296,611 / 19 games • Marquette University
12,957 = 220,277 / 17 games • University of Dayton
10,034 = 180,611 / 18 games • Xavier University

9,798 = 186,169 / 19 games • St. John's University
9,542 = 171,761 / 18 games • Providence College
9,053 = 135,794 / 15 games • Villanova University
8,652 = 155,734 / 18 games • University of Connecticut
8,507 = 127,603 / 15 games • Seton Hall University
8,419 = 134,702 / 16 games • Butler University
7,212 = 137,036 / 19 games • Georgetown University
6,000 = 102,000 / 17 games • Gonzaga University
3,806 = 87,544 / 23 games • DePaul University

TABLE 25: RATIO: Average Home Game Attendance / Total School Enrolment during the 2018-19 Basketball Season

RATIO = Average Attendance / Total Enrolment • School

2.11 = 9,542 / 4,533 • Providence
1.94 = 15,980 / 8,236 • Creighton
1.74 = 8,419 / 4,848 • Butler
1.53 = 10,034 / 6,538 • Xavier
1.33 = 15,611 / 11,745 • Marquette
1.19 = 12,957 / 10,920 • Dayton

0.84 = 9,053 / 10,735 • Villanova
0.84 = 8,507 / 10,106 • Seton Hall
0.80 = 6,000 / 7,501 • Gonzaga
0.41 = 9,798 / 23,799 • St. John's
0.40 = 7,212 / 17,858 • Georgetown
0.27 = 8,652 / 32,257 • UConn
0.19 = 3,806 / 20,448 • DePaul

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[Fieldhouse Flyer]

Post #10

Value of College Basketball Teams: The Wall Street Journal Rankings from 2015 through 2018

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• HOME ATTENDANCE → → REVENUE → → EXPENSES → → PROFIT → → PROFIT MARGIN → → ROI → → VALUE OF COLLEGE BASKETBALL TEAM •
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Value of College Hoops Teams – HLOH thread - sju88grad - April 1, 2016 • 18 posts • last post on April 9, 2016

Interesting Wall Street Journal article on the value of college basketball teams...

https://www.wsj.com/articles/how-much-i ... 1459459516

Rank.- Team • 2015 Valuation

11. Connecticut ($137,900,000)

24. Dayton • $80,600,000
26. Xavier • $78,100,000
35. Marquette • $59,600,000
37. St. John’s • $55,000,000

51. DePaul • $42,900,000
52. Georgetown • $42,200,000
54. Villanova • $40,400,000

73. Providence • $29,700,000
78. Creighton • $28,100,000
79. Seton Hall • $27,700,000
93. Butler • $20,200,000
96. Saint Louis • $18,600,000

Conference TV Contracts and Revenue – HLOH thread – Fieldhouse Flyer - April 22, 2017 • 51 posts • last post on April 30, 2017 • Link to Post #16

How Much Is Your College Basketball Team Worth? – Andrew Beaton, The Wall Street Journal - March 30, 2017

Rank. Team • 2016 Valuation • 2015 Valuation • % Change

21. Dayton • $88,415,000 • $80,594,000 • +9.70%
28. Marquette • $71,918,000 • $59,623,000 • +20.60%
29. Xavier • $70,562,000 • $78,084,000 • -9.60%
38. Connecticut • $57,962,000 • $137,895,000 • -58.00%
47. Villanova • $50,534,000 • $40,445,000 • +24.90%

52. Georgetown • $47,910,000 • $42,157,000 • +13.60%
55. St. John's • $45,213,000 • $55,036,000 • -17.80%
73. Providence • $31,734,000 • $29,656,000 • +7.00%
74. Creighton • $31,619,000 • $28,084,000 • +12.60%

81. Saint Louis • $28,094,000 • $18,570,000 • +51.30%
82. DePaul • $27,210,000 • $42,911,000 • -36.60%
85. Seton Hall • $25,715,000 • $27,689,000 • -7.10%
92. Butler • $22,588,000 • $20,240,000 • +11.60%

How Much Is Your College Basketball Team Worth? - Andrew Beaton – The Wall Street Journal - April 2, 2018 [Subscription required.]

2017 College Basketball Value Rankings – Professor Ryan Brewster, The Wall Street Journal - April 2, 2018 [FREE LISITNG of 177 schools]

Rank. Team • 2017 Valuation • 2016 Valuation • % Change

20. Dayton • 84,463,000 • 88,415,000 • - 4.47%
24. Connecticut • 73,180,000 • 57,962,000 • +26.26%
25. Marquette • 69,295,000 • 71,918,000 • -3.65%
34. Xavier • 59,904,000 • 70,562,000 • -15.10%
35. Georgetown • 58,361,000 • 47,910,000 • + 21.81%
40. VCU • 52,873,000 • 56,930,000 • - 7.13%

54. St. John's • 44,337,000 • 45,213,000 • - 1.94%
55. Villanova • 43,107,000 • 50,534,000 • - 14.70%
71. Butler • 32,987,000 • 22,588,000 • + 46.04%
72. Providence • 32,787,000 • 31,734,000 • +3.32%
74. Creighton • 31,417,000 • 31,619,000 • - 0.64%

79. DePaul • 29,597,000 • 27,210,000 • + 8.77%
87. Seton Hall • 24,270,000 • 25,715,000 • - 5.62%
88. Saint Louis • 24,171,000 • 28,094,000 • - 13.96%

105. Notre Dame • 14,485,000 • 13,753,000 • + 5.32%

How Much Is Your College Team Worth? - Frank Fear, The Sports Column - April 3, 2018

What about the value of college basketball teams? Again, it’s a list of who’s who. Data released just this week show that Kentucky leads the list with an estimated market value of $246 million. Other schools in the valuation top ten are (in order) Indiana, Louisville, Kansas, Duke, Wisconsin, Syracuse, Ohio State, Arizona, and Maryland.

What about National Champ Villanova? Surprise! The Wildcats are ranked #55 nationally at $43 million.

Even more surprising is the most valuable Catholic university basketball team. It’s #20 Dayton at $85 million. Brewer says the Flyers are more valuable than UConn ($73 million), Michigan State ($68 million), and Penn State ($62 million).

How Much Is Your College Basketball Team Worth? - Andrew Beaton, The Wall Street Journal - April 8, 2019 [Subscription required.]

2018 College Basketball Value Rankings – Professor Ryan Brewster, The Wall Street Journal - April 8, 2019 [FREE LISITNG of 177 schools]

Rank. Team • 2018 Valuation • % Change from 2017 Valuation

18. University of Dayton • $100,010,000 • + 18.40%

26. Marquette University • $72,400,000 • + 4.50%
28. Villanova University • $71,080,000 • + 64.90%
38. Xavier University • $61,870,000 • + 3.30%
49. Virginia Commonwealth University • $50,520,000 • -4.50%
50. Georgetown University • $50,270,000 • - 13.90%

56. Providence College • $46,000,000 • + 40.30%
59 Butler University • $43,470,000 • + 31.80%
64. St. John's University • $38,460,000 • - 13.30%
67. Creighton University • $37,470,000 • + 19.30%
68. DePaul University • $36,450,000 • + 23.20%
72. University of Connecticut • $34,740,000 • - 52.50%

78. Saint Louis University • $29,800,000 • + 23.30%
87. Seton Hall University • $24,960,000 • + 2.80%

107. University of Notre Dame • $14,720,000 • + 1.60%

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Link: Page 38 of the Conference Realignment: What Next? thread.

I'm not saying that a UConn is worth 10X that of a Dayton, but I absolutely think they're worth perhaps 3-5X as much.

Rank. Team • 2018 Valuation

18. University of Dayton • $100,010,000
72. University of Connecticut • $34,740,000

Not even close, adoraz.

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