jrw Moderator No. 1 Share Posted February 5 Gee, wonder where that money came from? Oregon State athletics reports record revenue, first surplus since 2013 WWW.OREGONLIVE.COM The school, able to use remodeled Reser Stadium for the first time, shows significant revenue... 1 Link to post Share on other sites More sharing options...
Charles Fischer Administrator No. 2 Share Posted February 5 Oh yeah....Beavis knows what he's doing... 1 1 Mr. FishDuck Link to post Share on other sites More sharing options...
LongwoodDuck No. 3 Share Posted February 5 (edited) Their surplus is awfully close to the 10,000,000 they got for for free from the taxpayers. As a taxpayer, I'm not happy Edited February 5 by LongwoodDuck 1 1 1 Link to post Share on other sites More sharing options...
JabbaNoBargain No. 4 Share Posted February 5 Wouldn’t care aside from the fact they’re crowing about their “surplus” being larger than ours. Shrewd beggars, so much smarter than OBD! Link to post Share on other sites More sharing options...
HDuck No. 5 Share Posted February 5 I believe the $10 million is after the fiscal year of this report? Not sure. But, the posted report does include $8.25 million "institutional support." I believe that is how money has been funneled to OSU athletics in the past. The Legislature allocates money to the university, which then does a bookkeeping transaction to athletics. Without the $8.25M, then there would be no surplus which the column says was $7.43M. In the report revenues, there is a line item for both media rights and conference distribution separately. Would be interesting to know whether some of that is "bag money" from Judge Libey's decision. Link to post Share on other sites More sharing options...
HDuck No. 6 Share Posted February 5 re: that $8.25M institutional support to OSU athletics... from UO: The UO Athletics Department is self-sufficient, meaning it does not receive funding from tuition or any general state operating funds provided to the university. The department covers all of its direct operating costs with revenue generated from ticket sales, Pacific-12 Conference distributions, gifts, and other revenue streams. The vast majority of collegiate athletic programs across the country are subsidized by their respective institutions. The UO Athletics Department is one of only a handful of programs that is self-sufficient, receiving no funding from tuition or any general state operating funds. Revenues and expenditures for athletics equal each other and do not generate a surplus. The university charges the UO Athletics Department, as well as other auxiliary operations (e.g. housing, the Health Center), an administrative overhead charge to account for the fact that they use university resources and services such as the financial system, general counsel’s office, human resources, etc. The UO Athletics Department also pays the university the full amount of any and all scholarships it awards to student-athletes in support of the institution’s academic operations. 1 1 Link to post Share on other sites More sharing options...
HDuck No. 7 Share Posted February 5 Unlike OSU, Oregon shows a negative $8.2M in conference distributions on the revenue side. How can you have negative revenue? It is a negative because of allocations of the Pac12 for the Comcast fiasco and money withheld from the Ten Escapees related to realignment. Since it was withheld, it becomes negative rather than zero on the statement. How can OSU be $10M positive conference distribution in their report, while Oregon is a negative $8.2M conference distribution. Uh, once OSU/WSU were given the purse strings by Libey, then things happen. Aside from making the OSU revenue look better than it should, my view of things is if there is revenue to give OSU a chunk, then they should immediately say "no thanks" to the most recent Legislature honey pot. So, think about that. $8.25 institutional support padding the OSU revenue picture, while $8.2 negative conference distribution for UO. That's about a $16.5M swing in revenue when added together. If you look at both schools' reports, that isn't the only anomaly you'll see. NCAA financial reports show giant budget hit to Pac-12 legacy schools ARCHIVE.PH archived 5 Feb 2025 05:04:18 UTC 1 1 Link to post Share on other sites More sharing options...
Jon Joseph Moderator No. 8 Share Posted February 5 How? . And now these geniuses are ready to pay $2 Billion for a 'settlement' that settles nothing. 1 Link to post Share on other sites More sharing options...
JabbaNoBargain No. 9 Share Posted February 5 Much like Beavis’ entire existence, it’s a shell game. Their athletic department sure does enjoy trying to claim victory on the accounting front. Get what you can I guess. 1 Link to post Share on other sites More sharing options...
