I thought this would make for some interesting discussion.
According to this report, Alabama reported $103.9 million in football revenue, of which if poured 56.9 million into the program.
According to this Tweet from yesterday, the numbers were slightly different, but I'm including it because it also shows the money made and invested by Clemson. Depending on the correct numbers, Alabama spent between 51-56.9 million on football in 2016.
Let me repeat, Alabama took 52-55 percent of its revenue and invested in its infrastructure.
Why is this important? Let's look at what fellow revenue king Texas is doing with its money.
In 2015, Texas football reported $121 million in football revenue, of which it spent 30 million on football expenses and claimed a $90 million profit. According to this report, UT’s $91 million in profit was higher than the 2015 operating income of 25 out of 32 NFL teams
In 2014, Texas football reported $120 million in football revenue, of which is spent 25.9 million on football expenses, while claiming a $94.8 million profit.
In 2013, Texas football reported 109.4 million in revenue (up from 103.8 million in 2012) and 27.1 million in football expenses (up from 24.8 million in 2012), while attributing "less than $150,000 in facilities expenses to football while reporting non-sport-specific facilities spending of $24.8 million in 2012-13, up from $23.6 million in 2011-12."
In each of the last three years, Texas has created more football revenue than Alabama ever come close to doing, but it spends only 23.69-percent of its revenue back into football, while Alabama reinvested more than 50-percent in 2016 and Clemson spent 55-percent of its revenue on football in the same time frame.
Basically, Clemson isn't Alabama, but it treated its money like Alabama.
Meanwhile, Texas is Alabama and then some from a money making standpoint, but it treats its money like its Clemson.
If Texas wants to be Texas, it's going to need to do more than throw a few extra million into the department.
It needs to throw a few extra tens of millions into the program.
According to this report, Alabama reported $103.9 million in football revenue, of which if poured 56.9 million into the program.
According to this Tweet from yesterday, the numbers were slightly different, but I'm including it because it also shows the money made and invested by Clemson. Depending on the correct numbers, Alabama spent between 51-56.9 million on football in 2016.
Let me repeat, Alabama took 52-55 percent of its revenue and invested in its infrastructure.
Why is this important? Let's look at what fellow revenue king Texas is doing with its money.
In 2015, Texas football reported $121 million in football revenue, of which it spent 30 million on football expenses and claimed a $90 million profit. According to this report, UT’s $91 million in profit was higher than the 2015 operating income of 25 out of 32 NFL teams
In 2014, Texas football reported $120 million in football revenue, of which is spent 25.9 million on football expenses, while claiming a $94.8 million profit.
In 2013, Texas football reported 109.4 million in revenue (up from 103.8 million in 2012) and 27.1 million in football expenses (up from 24.8 million in 2012), while attributing "less than $150,000 in facilities expenses to football while reporting non-sport-specific facilities spending of $24.8 million in 2012-13, up from $23.6 million in 2011-12."
In each of the last three years, Texas has created more football revenue than Alabama ever come close to doing, but it spends only 23.69-percent of its revenue back into football, while Alabama reinvested more than 50-percent in 2016 and Clemson spent 55-percent of its revenue on football in the same time frame.
Basically, Clemson isn't Alabama, but it treated its money like Alabama.
Meanwhile, Texas is Alabama and then some from a money making standpoint, but it treats its money like its Clemson.
If Texas wants to be Texas, it's going to need to do more than throw a few extra million into the department.
It needs to throw a few extra tens of millions into the program.
