They're still wanting a Summer 2023 start right?
SFA Jack Fanatic said:
VERY interesting stuff. Thanks for sharing.
Not surprisingly, based on spending, basketball definitely rules the athletics roost at SFA.
BTW, explain the Transfers In/Out column. Are those funds moved between cost centers?
Looks like the main ones are ticket sales, corporate sponsorships, and merchandise (Pressbox - which I thought was a media outlet, but google appears to indicate that it is the official SFA merchandise storefront). The 995,000 revenue from "Intercollegiate athletics" my wild guess is SFA's share of athletic conference media deals? Just a guess.TallTexan said:
I'd also be curious about the income sources on sports. Seems to be more than just tickets.
NacMan said:Looks like the main ones are ticket sales, corporate sponsorships, and merchandise (Pressbox - which I thought was a media outlet, but google appears to indicate that it is the official SFA merchandise storefront). The 995,000 revenue from "Intercollegiate athletics" my wild guess is SFA's share of athletic conference media deals? Just a guess.TallTexan said:
I'd also be curious about the income sources on sports. Seems to be more than just tickets.
Our concession royalties per the Chartwells contract is 15% (gross receipts less applicable sales tax). It has ranged from $20-40K since FY2010 for men's basketball. Ticket sales revenue for MBB for 2022-23 was just under $180k.SFASawmillGuy said:
Interesting to note that our athletic budget is almost the exact same as Sam Houston's and about 5 million more than Jacksonville States. I wasn't aware our budget was that high.
As far as our income, from what I've been told actual ticket sales in college athletics isn't the biggest money maker. A portion of that money goes to the NCAA and the conference from what I understand. We do profit off them but that's not our biggest source. The majority of the money comes from concessions, merchandise, and media rights. I would imagine since alcohol sales got approved our concessions revenue has skyrocketed.
I don't think most people were aware even at SFA because the old budget put bits and pieces of athletics in a dozen different headings. Perspective on the total budget, we spend about the same as SHSU, but we are half of Sam's enrollment. Like I said, I think athletics is going to face some significant budget cuts when SFA likely does further belt tightening next year.SFASawmillGuy said:
Interesting to note that our athletic budget is almost the exact same as Sam Houston's and about 5 million more than Jacksonville States. I wasn't aware our budget was that high.
NacMan said:I don't think most people were aware even at SFA because the old budget put bits and pieces of athletics in a dozen different headings. Perspective on the total budget, we spend about the same as SHSU, but we are half of Sam's enrollment. Like I said, I think athletics is going to face some significant budget cuts when SFA likely does further belt tightening next year.SFASawmillGuy said:
Interesting to note that our athletic budget is almost the exact same as Sam Houston's and about 5 million more than Jacksonville States. I wasn't aware our budget was that high.
TallTexan said:
I don't think major budget cuts are coming to athletics. We're in the same general range as most of our peer schools.
And UT has seen the importance of sports investment. I haven't seen them cut a single school's athletic department to the bone.
What is your source for Sam and Jacksonville State?SFASawmillGuy said:
Interesting to note that our athletic budget is almost the exact same as Sam Houston's and about 5 million more than Jacksonville States. I wasn't aware our budget was that high.
As far as our income, from what I've been told actual ticket sales in college athletics isn't the biggest money maker. A portion of that money goes to the NCAA and the conference from what I understand. We do profit off them but that's not our biggest source. The majority of the money comes from concessions, merchandise, and media rights. I would imagine since alcohol sales got approved our concessions revenue has skyrocketed.
SFAJack_76 said:What is your source for Sam and Jacksonville State?SFASawmillGuy said:
Interesting to note that our athletic budget is almost the exact same as Sam Houston's and about 5 million more than Jacksonville States. I wasn't aware our budget was that high.
As far as our income, from what I've been told actual ticket sales in college athletics isn't the biggest money maker. A portion of that money goes to the NCAA and the conference from what I understand. We do profit off them but that's not our biggest source. The majority of the money comes from concessions, merchandise, and media rights. I would imagine since alcohol sales got approved our concessions revenue has skyrocketed.
Rumor mill on campus says that the UT Board of Regents was shocked to find out that we are funding athletics out of tuition rather than via an athletics fee like other institutions. If athletics wants to maintain or grow their budget, I think SFA will need to implement an athletics fee to do so.TallTexan said:
I don't think major budget cuts are coming to athletics. We're in the same general range as most of our peer schools.
And UT has seen the importance of sports investment. I haven't seen them cut a single school's athletic department to the bone.
SFAJack_76 said:
The 2023-2024 budget is $18,533,726 (of which $11,953,451 is from Designated Tuition (i.e. Direct Institutional support) and $6,580,275 is from self-generated and other auxiliary (pledged and non-pledged) revenue.
The prior year budget had a total of $18,050,885 (of which $11,930,519 was from Direct Institutional Support) and $6,120,336 from self-generated revenue. In FY23, Athletics provided back to the institution $7,976,256 in tuition/fee and auxiliary (room & board) revenue (scholarship and non-scholarship student-athletes) This "provided back" piece of data is one that those who advocate for the elimination of athletics refuse to believe, or have real discussion with our AD about.
According to a study by the University of Texas Longhorn foundation on donor behavior, 76% of athletic donors also give to academics. (We are in this group.) A University of Oregon study showed that donors engaged in athletics and academics give more over time.
Student-athletes at SFA graduate at a 12% higher rate than the student body.
I have more to do to better understand an "apples to apples" comparison of Sam and Jacksonville State budgets to SFA. It is certain that Sam is north of $20 million, and going up. I have no doubt that Jacksonville State is that or more. They pay Rich Rod $1 million.
Be clear, a reduced Athletic Department budget would mean eliminating sports. It won't be women's sports. It won't be football or MBB, the two most visible and highest revenue generating sports. A reduced budget would also mean that we won't compete in the WAC where the average is $25,500,824, with the highest at $46,025,000. SLC anyone?
Does our faculty need improved pay. Of course! That's exactly why we aren't independent any more. That's exactly why they got a 5% across the board increase on February 1, which came from the SFA general fund because, although the UT System membership wasn't approved yet, they said to do it.
I don't understand the hate that some of our academics have for athletics. All of the data indicates athletics are a positive.
Our next President is critical to our future.
Ljacks&Longnecks said:
Thanks to 76 for his good info here.
So NacMan says word on the street was the UT BOR was shocked that SFA covers athletics through tuition instead of athletics fee. So, could that turn into UT system will "force" SFA to institute an athletic fee to help cover that budget? I would think under their umbrella they could make such a change although I don't know if that's true.
If it has to be done by student vote, I don't believe it will ever pass here. Most students seem to not be engaged with SFA athletics and therefore will not vote to make their college bill even higher.
So, you watch sports on TV.NacMan said:
Do I hate athletics? No. I am a huge sports fan and watch college and NFL every Saturday and Sunday.
Ljacks&Longnecks said:
Thanks to 76 for his good info here.
So NacMan says word on the street was the UT BOR was shocked that SFA covers athletics through tuition instead of athletics fee. So, could that turn into UT system will "force" SFA to institute an athletic fee to help cover that budget? I would think under their umbrella they could make such a change although I don't know if that's true.
If it has to be done by student vote, I don't believe it will ever pass here. Most students seem to not be engaged with SFA athletics and therefore will not vote to make their college bill even higher.
We’d like to extend a warm welcome to Dr. Lane Forrest, SFA’s newly named dean of research and graduate studies. Lane has nearly 20 years in a variety of academic and administrative positions within higher education. https://t.co/JpX19RorFl. pic.twitter.com/CMjL10QcWc
— Stephen F. Austin State University (@SFASU) November 1, 2023
A new partnership with the global online learning platform Coursera will give SFA students, employees and alumni the opportunity to earn more than 40 professional certifications and develop a competitive edge in their current and future careers. https://t.co/hHB0ZR1v6O pic.twitter.com/40fTI0NJYg
— Stephen F. Austin State University (@SFASU) January 10, 2024
Regular session has resumed and a presentation on @SFASU’s integration into the UT System shows the Board has dedicated $141 million in new funds to SFA over the next four years — contributing to additional financial aid and mental health resources for students. #UTRegentsMeet pic.twitter.com/xwAFWzgTKu
— The University of Texas System (@utsystem) February 21, 2024