bent20
The Odum Level
Curious how many are still holding out hope.
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The Tree football budget is $5M this year?What always amazes me about this discussion every year ( and it is becoming almost a yearly topic) is that the people who support dropping it can post all kinds of financial data showing how bad of an investment it is for the school and how it is financially unsustainable, and the people who are in favor never seem to argue those points, but basically just stick to emotional arguments.
While Jason (and others) can show multiple data points proving that it is not feasible long term, all I ever hear from people who are in favor of it are arguments about how we wouldn’t be a real college without football and how homecoming would be lame (as if the Prez hasn’t done that by herself) without football etc.
If you take the emotion out of it and just look at the numbers there really is no way to justify spending what State does in football other than to say “well I like football so let’s keep it”.
But here is what I always come back to…..we all agree the program isn’t very good. We all agree that the stadium, yearly investment needed to keep up with the rest of college football and facilities are a big anchor around the program’s neck. And we all agree that the school doesn’t have close to the amount of money needed to fix those issues. So then why does anyone expect the next ten years to be somehow different from the past ten years?
If money is a big, big reason why we aren’t competitive, and no major new money is going to be coming to the program, then what is the real goal here? Right now it seems that the main goal is just to trot out a team in ISU uniforms so people can attend a game and reminisce about the “glory years” of ISU football and have a place to meet during homecoming? Is that worth $5 million plus a year?
Tix Revenue from season long sell outs at current prices: (pipe dream)
Football= $990,000
MBB= $2.7M
Tix Revenue 75% cap all year: (likely a pipe dream)
FB= $742,500
MBB= $2.025M
Tix Rev 50% cap: (good year)
FB= $495,000
MBB= $1.350M
Tix Rev 25% Cap: (average year)
FB= $247,500
MBB= $675,000
College athletics are money drains in general, it is what it is. The only reason ANY school makes money is their TV deal for football; everyone else is in the red. It's not about turning a profit, it's about getting the most out of every $ the athletic department is going to spend. The university is going to spend somewhere close to $16m whether it has football or not. That money will just be funneled in a more appropriate manner without football.What amazes me is that I can show the math on how ALL of ISU's athletics are a money drain, and everyone chooses to ignore it.
Hold up. So if we're going to spend close to $16M either way, why would we cut a program that actually brings in $750K annually in favor of funding programs that don't bring in a single dime? Basketball isn't going to magically draw more fans because we dropped football either.The university is going to spend somewhere close to $16m whether it has football or not.
Hold up. So if we're going to spend close to $16M either way, why would we cut a program that actually brings in $750K annually in favor of funding programs that don't bring in a single dime? Basketball isn't going to magically draw more fans because we dropped football either.
Looking forward to the nonsensical responses.College athletics are looked at as a marketing expense -- the whole "front porch" of a University mantra that you can find a TON of empirical and anecdotal articles on with a 30 second Google search. FCS football is NOT a draw. NOBODY FUCKING CARES ABOUT IT and if you disagree with that, you're lying to yourself. March Madness, however, IS THE BIGGEST FUCKING DRAW IN COLLEGE SPORTS. The whole world stops in March to the point where corporations factor in lost productivity for the first two weeks of the month. Every grandma that doesn't give a shit about sports even fill out brackets. Every start to March, Indiana State gets put on TV with Magic vs Bird coverage because we literally were the inflection point to where college basketball was forever changed. Yes, you fucking lean HARD into that. I can't help it that you're too fucking dense to get this basic shit dude. Like, I hope you're trolling because you seriously can't be real here.
Okay and how many times do we actually make March Madness? What are the chances we'll be the one team out of twelve to make it out of a one bid league? If we do somehow make it what's the chances we actually get a good draw and win a game?
Last time we made the tournament was 12 years ago when the average age of an incoming freshman was 7 years old, so I doubt too many of them remember that. Last time we actually won a March Madness game was 22 years ago when none of them were even born yet. When Larry Bird walked through that door a lot of these kid's parents might not have even been born yet.
If you give someone $4500 and they give you $750 dollars back. You aren't $750 richer. If we can't get past this, I don't know what to tell youHold up. So if we're going to spend close to $16M either way, why would we cut a program that actually brings in $750K annually in favor of funding programs that don't bring in a single dime? Basketball isn't going to magically draw more fans because we dropped football either.
Low-majors and mid-majors upset high majors in March every.single.year. THAT is the name of the game. Fund and support your basketball program to give them a fair shot at making the Dance. Then if you manage an upset or two you make millions for your school (liquid as well as untold dollars in good will, alum morale/donations, and marketing). The potential income is all the more potent here in Indiana where basketball is king.LOL you guys live a fantasy world. ISU started spending a lot more on football and we still haven't won a conference championship yet. What makes you think if we start spending more, or even a lot more, on basketball that all the sudden we're going to become dominant? It's not going to happen and Larry Bird isn't walking through that door again, sorry to say. You're all desperate for the glory days. Watch YouTube or something, but those days are long gone. Completely different era. If we'd had won things maybe could've been different, but we didn't and ISU completely sucked for 2 decades afterwards, and never really has been all that great ever since besides a year or two here and there.
NIL aka pay to play is also here to stay along with the transfer portal. Every good player we ever get is going to get called up eventually. Big Ten schools will be getting somewhere around $100M a year starting next year when you add up all of their TV money, bowl money, tournament credits from getting 10+ teams in the dance every year. If Schertz keeps winning he'll be gone in no time even if we paid him a million dollars a year. That's pocket change for these big schools. No way we're ever competing with B1G, SEC, or XII money. We could spend $1 on every program except men's basketball and we're still not competing with that.
We're also not Wichita State, so don't even give me them as an example. We don't have multi-billionaire brothers handing out money hand over fist for our basketball program.
LOL you guys live a fantasy world. ISU started spending a lot more on football and we still haven't won a conference championship yet. What makes you think if we start spending more, or even a lot more, on basketball that all the sudden we're going to become dominant? It's not going to happen and Larry Bird isn't walking through that door again, sorry to say. You're all desperate for the glory days. Watch YouTube or something, but those days are long gone. Completely different era. If we'd had won things maybe could've been different, but we didn't and ISU completely sucked for 2 decades afterwards, and never really has been all that great ever since besides a year or two here and there.
NIL aka pay to play is also here to stay along with the transfer portal. Every good player we ever get is going to get called up eventually. Big Ten schools will be getting somewhere around $100M a year starting next year when you add up all of their TV money, bowl money, tournament credits from getting 10+ teams in the dance every year. If Schertz keeps winning he'll be gone in no time even if we paid him a million dollars a year. That's pocket change for these big schools. No way we're ever competing with B1G, SEC, or XII money. We could spend $1 on every program except men's basketball and we're still not competing with that.
We're also not Wichita State, so don't even give me them as an example. We don't have multi-billionaire brothers handing out money hand over fist for our basketball program.
View attachment 2156
THERE IS A FUCKING OPPORTUNITY COST TO THE BASKETBALL PROGRAM BY FUNDING THE FOOTBALL PROGRAM.