NCAA Revenue Distribution spring 2010 notes

NCAA Revenue Distribution spring 2010 notes - Sport...

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6/5/11 Sport Business & Governing Bodies THE NCAA
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6/5/11 Sport Business & Governing Bodies What is the NCAA?
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6/5/11
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6/5/11 Governing Bodies & The Importance of Revenue-Sharing
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6/5/11 SPORT GOVERNANCE REGULATING BODIES: Ø INTERSCHOLASTIC (EX. NFSHSA) Ø INTERCOLLEGIATE (EX. NCAA) Ø PROFESSIONAL (EX. NFL) Ø INTERNATIONAL (EX. IOC) Ø ALSO, CONFERENCE AFFILIATION (ACC) Remember the NBA & Commissioner’s Impact on franchises
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6/5/11 ICA at Duke on sound financial footing? What impressions do you have?
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6/5/11 Athletics Departments Face Financial Issues - Jul 10, 2008 -Howard Smith Many college sports fans share a common misconception that all athletics departments make millions of dollars in profits each year. In reality, only a handful of institutions are self-sufficient or generate revenues over expenses - most athletics departments are actually in the red on an annual basis and rely on subsidies from the university to balance their athletics budgets. Duke is the latest athletics department to speak publically about its financial struggles. Yes, that's right, Duke University, home of one of college basketball's most successful and well-known programs. New Duke Director of Athletics Kevin White recently said that the athle In fact, the school has doubled its annual subsidy to the athletics program to $15 million a year to help fund the department's operations. Duke isn't the only high-profile school in this situation . In 2006 only 19 Division I FBS schools had greater revenues than expenses in their athletics departments. Additionally, only 16 of these schools had net 2008 football lost nearly $7 Mil
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6/5/11 Accounting procedures vary Athletics-generated Revenues: Ticket sales Conference revenue sharing Donations School subsidies: Student fees Utilities Maintenance etc.
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6/5/11 http://www.usatoday.com/sports/college/2008-05-16-financial-study_N.htm 80-20 rule BCS SCHOOLS receives approx. 20% funding from University subsidies FCS SCHOOLS receives approx. 80% funding from University subsidies
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Click to edit Master subtitle style 6/5/11 NCAA runs Sports Championships Make & enforce rules Shares Revenues $$ NCAA
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6/5/11 NCAA = Big Basketball!!!! What is the amount of the current NCAA TV contract?
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6/5/11 NCAA http://www.ncaa.org/index.html CORPORATE PARTNERS http://www.ncaa.org/
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Click to edit Master subtitle style 6/5/11 http://www.ncaa.org/databases/report TV CONTRACT
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6/5/11 http://money.cnn.com/1999/11/18/news/ncaa/ NCAA $6-billion, 11-year contract ending in 2013-14.
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