NCAA Hockey Financials

[Sean Pickett]

Re: NCAA Hockey Financials

FWIW, I did a quick check of these schools endowments, they are paltry compared to those of many other schools, in fact the endowment TOTAL of these schools don't come close to a single Big Ten school (in the billions)and are a drop in the bucket of most Ivies(in the tens of billions), I would guess each Ivy school gets more from just one dead alumni each year than all these schools have managed to accumulate in total

Lake Superior = 14 million
Ferris = 34
Al-Huntsville = 75
Bemidji = 23
Bowling Green = 138
Mankato = 59
Michigan Tech = 96
Northern Mich = 50
Alaska Anchorage = 50
Alaska fairbanks = 143

Clarkson -- $186 mil.
St. Lawrence -- $306 mil.

I didn't look up all the endowments, but the top 100 listed on The Best Schools website article The 100 Richest Universities: Their Generosity and Commitment to Research include all 8 Ivies and 14 Big Ten schools, plus Notre Dame, Boston College and Boston University among schools that have DI men's hockey programs. I created a list of the 25 schools, plus the WCHA schools as well as Clarkson and St. Lawrence. I have given the endowment rank for the those in the top 100, as well as their hockey expenses rank for 2017-18 and their hockey expenses as a % of their endowment.

Endowments (in billions)
                    Endowment   Hockey Expenses
School              $      Rank Rank  as % of Endowment
Harvard            38.3      1   51   0.0034
Yale               29.3      3   47   0.0050
Princeton          25.9      5   55   0.0044
*UPenn             13.7      7   n/a
Michigan           11.9      9    4   0.038
*Northwestern      11.1     10   n/a
*Columbia          10.9     12   n/a
Notre Dame         10.7     13    2   0.051
Cornell             7.3     18   41   0.024
Dartmouth           5.5     22   54   0.022
Ohio State          5.2     23   12   0.068
Penn State          4.3     27    8   0.090
Minnesota           3.7     29    3   0.13
Brown               3.6     30   59   0.023
Wisconsin           3.0     32    1   0.24
Michigan State      2.9     33    7   0.14
*Illinois           2.6     37   n/a
*Purdue             2.5     38   n/a
Boston College      2.5     41    6   0.17
*Indiana            2.4     42   n/a
Boston University   2.2     47   13   0.16
*Nebraska           1.7     64   n/a
*Iowa               1.5     71   n/a
*Rutgers            1.3     82   n/a
*Maryland           1.3     87   n/a
St. Lawrence        0.306   n/a  35   0.70
Clarkson            0.186   n/a  24   1.4
Alaska Fairbanks    0.143   n/a  37   1.5
Bowling Green       0.138   n/a  40   1.3
Michigan Tech       0.096   n/a  29   2.5
Alabama Huntsville  0.075   n/a  45   2.0
Minnesota State     0.059   n/a  33   3.7
Northern Michigan   0.050   n/a  22   5.4
Alaska-Anchorage    0.050   n/a  31   4.7
Ferris State        0.034   n/a  49   4.2
Bemidji State       0.023   n/a  44   7.4
Lake Superior State 0.014   n/a  56   8.1

* do not have DI varsity hockey program

Since they don't give out athletic scholarships the Ivies rank among the bottom schools for hockey expenses along with the WCHA schools, while the B1G schools ranks among the top, alomg with Notre Dame, Boston College and Boston University. However, as percentage of their endowments their hockey expenses are a fraction of 1%, while for the WCHA teams it ranges from Bowling Green's 1.3% to Lake Superior's 8.1% (the WCHA schools overall athletic budgets run between UA_'s 5.0% of their endowment (an outlier as the next lowest is UAH's 10.0%) and Bemidji's 30.7%).

Speaking of endowments, I recall that when the recession hit a decade ago Harvard's endowment was about where it is now, but they lost between 10 and 11 billion dollars in 2008-09 (Yale lost around $7 billion).

Sean

 

[gfmorris]

Re: NCAA Hockey Financials

A relevant point to note here: UAH is only 60 or so years old, and its roots as a commuter school have not led to a sustained base in donations from alumni. Now that the school houses a solid population on campus (perhaps a majority now ... I haven't seen the numbers), that may change in the next two decades.

GFMß