A-10 Athletic Dept Spending 2014-15

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RF1
Ernie Calverley
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A-10 Athletic Dept Spending 2014-15

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The following was posted on the A-10 Board

Athletic Expenses (Reporting Year: 7/1/2014 - 6/30/2015)

Grand Total Expenses
Massachusetts $33,121,307
Fordham $31,963,111
Virginia Commonwealth $29,770,145
George Washington $29,374,668
Richmond $26,951,928
Dayton $24,177,246
Rhode Island $24,028,080
George Mason $21,254,390
Saint Joseph's $19,845,795
Duquesne $17,899,626
Saint Louis $17,402,473
La Salle $14,325,653
Davidson $13,348,176
Saint Bonaventure $9,774,664

Athletically Related Student Aid (i.e., athletic scholarships)
Fordham $13,061,354
George Washington $11,002,402
Richmond $9,671,851
Massachusetts $9,375,971
Rhode Island $8,625,576
Duquesne $7,053,970
Saint Joseph's $6,698,158
La Salle $5,955,262
Saint Louis $5,129,854
George Mason $5,120,669
Dayton $4,997,352
Virginia Commonwealth $4,035,244
Saint Bonaventure $3,149,365
Davidson $3,072,446

Recruiting Expenses
Massachusetts $710,295
Dayton $521,746
Davidson $514,181
Duquesne $508,430
Fordham $503,568
Richmond $459,366
Rhode Island $418,756
Virginia Commonwealth $387,566
George Mason $383,268
George Washington $381,766
La Salle $313,353
Saint Louis $247,016
Saint Joseph's $244,665
Saint Bonaventure $187,540

Men's Basketball Expenses
Virginia Commonwealth $5,584,380
Fordham $5,226,030
Richmond $4,928,859
Dayton $4,757,973
Saint Louis $4,185,914
George Mason $4,081,042
Saint Joseph's $3,871,346
Massachusetts $3,822,521
Rhode Island $3,652,260
Duquesne $3,518,812
La Salle $3,246,080
George Washington $3,130,281
Saint Bonaventure $2,690,887
Davidson $2,572,475

Football Expenses
Massachusetts $7,027,529
Fordham $6,515,087
Richmond $6,463,260
Rhode Island $4,273,324
Duquesne $2,840,309
Davidson $1,480,393
Dayton $1,289,024
George Mason N/A
George Washington N/A
La Salle N/A
Saint Bonaventure N/A
Saint Joseph's N/A
Saint Louis N/A
Virginia Commonwealth N/A
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RF1
Ernie Calverley
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Re: A-10 Athletic Dept Spending 2014-15

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Observations

BASKETBALL
URI is 9th in spending for basketball, some 2 million behind VCU. Last year's A-10 regular season champ Davidson spent the least.

FOOTBALL
URI spends the least of A-10 schools that play scholarship football. It spends some 2 million less than both Fordham and Richmond.
Last edited by RF1 8 years ago, edited 1 time in total.
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sf2010
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Re: A-10 Athletic Dept Spending 2014-15

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How the hell does Fordham spend the 2nd most in basketball with that POS gym they play in?
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Re: A-10 Athletic Dept Spending 2014-15

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sf2010 wrote:How the hell does Fordham spend the 2nd most in basketball with that POS gym they play in?

It might possibly involve the buyout of their old coach Pecora. If scholarships are in the number, Fordham also likely has the highest costs for tuition and room/board being a private school in NYC.
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Re: A-10 Athletic Dept Spending 2014-15

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VCU, with no football team, spends nearly 6 million more on athletics than does URI (with a football team). It should come as no surprise that VCU teams do very well in the A-10.
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Re: A-10 Athletic Dept Spending 2014-15

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Fordham holy smokes.
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Re: A-10 Athletic Dept Spending 2014-15

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2014 ENDOWMENTS of North American Colleges and Universities.

A10 SCHOOLS - RANK - Endowment in Billions

RICHMOND..........35..........2.3
GEORGE WASH.....57..........1.6
VCU...................60.........1.6
ST LOUIS..............87.........1.1
UMASS................124.........0.78
FORDHAM............139.........0.68
DAVIDSON............144.........0.65
DAYTON...............171.........0.51
DUQUESNE...........265.........0.261
ST JOSEPH...........293.........0.209
URI....................417.........0.119
LASALLE...............486........0.087
ST BONAVENTURE....581........0.060

I've always thought that endowment is a good measure of alumni commitment to their school.
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Re: A-10 Athletic Dept Spending 2014-15

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Anyway you look at that endowment figure, it is not good. 112 million. If we have had 60.000 URI Alumni from Rhode Island through the years, that is less than $2,000 per alumni. I just picked 60,000 out of my hat, feel free to get better numbers.
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Re: A-10 Athletic Dept Spending 2014-15

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OBRAM wrote:Anyway you look at that endowment figure, it is not good. 112 million. If we have had 60.000 URI Alumni from Rhode Island through the years, that is less than $2,000 per alumni. I just picked 60,000 out of my hat, feel free to get better numbers.

It is also part of the reason URI is hogtied when it comes to new infrastructure for athletics. Even a relatively modest facility like the SADC took nearly a decade to get funded and built. What ultimately got built was a far cry from the original stand alone building plans. The school doesn't have the money on its own and has to beg the state for capital construction projects. I believe the school is still paying off the Ryan Center bonds. I am not even sure when these will be paid off (was it a 20 yr bond). I would think there will likely not be any big new athletics facility improvements until that bond is paid off.
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Re: A-10 Athletic Dept Spending 2014-15

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It's funny. I'm not an alumni. My son is class of '91. I got more involved with the program when Al was the coach. He use to "pass the hat" to fund small projects, and did in a quiet way that left you wanting to help. Subsequently I did one of those five-year-contributions to get The Ryan Center started.....I always wondered if my efforts were for naught, when I see what URI's alumni [don't] give.
.....My little school [Quinnipiac] has only been around since the late '40's, and has never been close in enrollment to URI, but has an endowment six times that of URI. Not sure if it's the location[New Haven] or, the fact that it is not a government institution. URI has a long way to go even when compared to other, New England state institutions like New Hampshire and Maine [similar populations].
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Re: A-10 Athletic Dept Spending 2014-15

Unread post by OBRAM »

I think it stems from the fact that Rhode Islanders hate their State government, and URI is seen as an extension of the State government. It does not matter that URI only gets 8% of its operating budget from the State. Still, you would think this would not matter for Alumni, who should know better. If you look at what the State of RI funding for URI and what comes back into the economy mainly from Out of State Students coming here, I don't think it cost the state much at all to run URI.
If State gives $70 million in Support, and gets $20 million in State Income tax, not to mention sales tax, and the multiplier effect. Hopefully, the endowment will head up in the next 1/4 century, that is if some of the big wealthy URI Alumni put the URI Foundation into their inheritance plans.
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