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EMU cutting 4 varsity sports. Could BG be next
Posted: Tue Mar 20, 2018 11:25 am
by gmartin
EMU is cutting 4 Varsity Sports. Could BG be next?
https://www.detroitnews.com/story/news/ ... 440968002/" target="_blank
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Tue Mar 20, 2018 11:46 am
by BillyLP
EMU makes our sports attendance look good, and they had more sports than any other school in the conference, so I wouldn't read too much into it being a conference trend just yet.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Tue Mar 20, 2018 12:23 pm
by gmartin
I know Akron and Buffalo eliminated several sports over the last few years. I just read where Eastern is only going to save 2.4 million in cutting those for sports. You would think they would be able to generate 2.4 million somewhere within it's budget. I don't see where tennis saves them a lot of money.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Tue Mar 20, 2018 4:42 pm
by gmartin
Anyone have the figures on how much BG makes/loss per season in football. It was released today that EMU spends 4.1 million a year on salaries. 2.8 million on scholarships and 1.6 million for stadium maintenance, game day salaries, travel expenses and meals and other misc expenses. That total comes to 8.5 million. With 6 home games EMU would need to average 1.4 million in revenue per game to make a profit (ticket sales, concessions, parking, merchandise). There is no way EMU is making a penny profit in football. They spending 2.8 million a year on scholorships. At 85 scholorships thats 33k per scholarship per year. Didnt think EMU was that much per year. I wonder how much BG makes/loses per year.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 8:05 am
by zete
Could BG be next?
Well, we did so several years back - men's track and field, wrestling, etc, AND yet today we still have major problems with funding....Hockey nearly hit the road a while back...... So yes, something has to give eventually.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 10:25 am
by bgsumepley
I think this was interesting on the fundraising at BGSU athletics, Dan Meyer states that we have fundraised 36/48 million goal. I'm curious to what this money will be used for? all scholarships? stadium renovation? hockey renovation? it was a great interview that happened this month.
https://video.wbgu.org/video/3010357202/" target="_blank
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 10:52 am
by pdt1081
bgsumepley wrote:I think this was interesting on the fundraising at BGSU athletics, Dan Meyer states that we have fundraised 36/48 million goal. I'm curious to what this money will be used for? all scholarships? stadium renovation? hockey renovation? it was a great interview that happened this month.
https://video.wbgu.org/video/3010357202/" target="_blank
Endowment?
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 12:49 pm
by BGDrew
The hockey arena has not been included in the current fundraising campaign. The football stadium is, however.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 8:30 pm
by Flipper
EMU making no changes re football...they make it sound like they're trapped
http://www.mlive.com/eagles/index.ssf/2 ... at_ea.html" target="_blank
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 8:38 pm
by gmartin
If EMU were to drop football they wouldn't be allowed in the MAC in the other sports. They made 5 million last year before donations but spent 8.5 million (4.1 million salaries, 2.8 million scholarships and 1.5 million not listed in that article on travel expenses, meals, game day expenses, maintenance, etc). So they bring in 5 million but spend 8 million. The MAC gives them roughly 2 million per year, I'm sure that's tied into the bowl revenue and ESPN contract. That's still a shortfall of
1.5 million. So it costs EMU 1.5 million to maintain D1 status and remain in the MAC. I would bet BG is in the same situation. Probably why BG has 2 big money games each year.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Wed Mar 21, 2018 9:40 pm
by Critical Thinker
We're already cut down to the bone. BG can't drop any more sports without dropping out of DI.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Thu Mar 22, 2018 6:58 am
by Flipper
In the private sector...at least with a publicly traded company...the numbers would be far more clear cut and transparent.
Unless you're crooked like Enron was...
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Thu Mar 22, 2018 9:14 am
by CrazyFan
Flipper wrote:In the private sector...at least with a publicly traded company...the numbers would be far more clear cut and transparent.
Unless you're crooked like Enron was...
In the private sector........they wouldn't hire unqualified clowns like Mike Jinx to run the most important part of their business.
In the private sector.......they would fire unqualified clowns like Mike Jinx after he underperforms and embarrasses the business for two years straight.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Thu Mar 22, 2018 9:19 am
by mbenecke
It's Coach Mike Jinks. And he's going to have things turned around this fall, regardless of your opinion of him.
Re: EMU cutting 4 varsity sports. Could BG be next
Posted: Thu Mar 22, 2018 10:10 am
by Lord_Byron
CrazyFan wrote:Flipper wrote:In the private sector...at least with a publicly traded company...the numbers would be far more clear cut and transparent.
Unless you're crooked like Enron was...
In the private sector........they wouldn't hire unqualified clowns like Mike Jinx to run the most important part of their business.
In the private sector.......they would fire unqualified clowns like Mike Jinx after he underperforms and embarrasses the business for two years straight.
Having worked in the private sector for 39 years, I'm living proof that that is not the case. . .