Re: REPORT: North Dakota cutting women's hockey
WOW! Thanks that is a lot of work & I appreciate your digging into it. I think it is only right that we recommend UND cut men's hockey in order to save the institution all that money. Where do these freeloaders get off thinking they can livre on the taxpayers dime like this?
Thanks, I hope to have the complete information up within a week. Minnesota & Wisconsin are spending a lot of money to stay at the top of the women's programs.
That's some interesting information Sean. I wonder if the "lease" fees for the Ralph are part of a shell game to put money somewhere else.
I think that is unlikely. Starting 2015 that category stipulates it is for debt service, leases and rental fees on athletic facilities regardless of who is paying.
(I would really like to see the men’s 2016 financials to see if some of the debt service/leases cost was shifted from the men’s team)
I'm still working on entering a lot of data from one site, but I was on the UND athletic site today and looking around I found their 2016 NCAA Financial Report. I have updated the
workbook with the additional information for 2016. The men increased ticket sales another $145 thousand, but the university provided direct support of almost $200 thousand (Rob Port specifically mentioned the direct support of the women's team). Contributions fell back to what they were in 2010, '11 & '13 (as an aside, BU is having a giving day today and as I write this the women's team has received $19,264 and the men's team has received $143,351 in contribution in the last 19 hours). Overall revenue dropped for the men by $250 thousand, even with the direct support payment by the university. On the expenses side athletic aid rose over $100 thousand, travel went up $145 thousand, and uniforms and equipment went up $60 thousand, but game day expenses dropped $450 thousand. The cost of using the Ralph dropped to $1.06 million from $2.23 million in 2015 (if you include the women's $400 thousand the total cost was $1.46 million, still over $600 thousand less). UND also started paying for athletes meals, a relatively modest $37,860 for the men, although that is 10 times what the school paid for the women (I guess the men eat 10 times as much as the women

). Overall expenses for the men dropped over $1.6 million from 2015, but, even with the direct support they ran a loss of over $163 thousand and a loss for the sixth time in the the last seven years.
Sean