FSU announces $65 million stand-alone football facility

[jhbyrd]

I thought you were the mole.

Actually you claimed that I am a UF professor. So do you believe I am a UF professor or not?

 

[TheDouglas78]

I'm going to guess that Byrdman hasn't read the Financial Statements from 2016-2017 from the UAA, just by his answers alone shows he is misinformed (2017-2018 will be released in a few weeks).

 

[Tay Bang]

Actually you claimed that I am a UF professor. So do you believe I am a UF professor or not?

 

[Swamp Donkey]

Management by Aesops seems less complicated than calling it liquidating the asset.

The funny thing is that they are SOOOOO enamored with that baseball asset, which loses at least 10 mil a year and now will have the 50 mil expense for the stadium.

 

[78]

Management by Aesops seems less complicated than calling it liquidating the asset.

The funny thing is that they are SOOOOO enamored with that baseball asset, which loses at least 10 mil a year and now will have the 50 mil expense for the stadium.

The LA Dodgers play their home games in a stadium that was built at less than half the cost. A long time ago, of course, but the fact that they're still there...

 

[Swamp Donkey]

Imagine how much better it will be with 10, 000 more empty seats.

Look, I don't have a problem with baseball. Ive played more baseball than football. I just have a problem with football being put on hold for baseball.

 

[Tay Bang]

I see you got a like from our mole tay bang. Our opponents surely don't want UF alums giving to UF football facilities that your complain we don't have.

Dude, if I could easily give out dislikes from my iPhone or iPad you would be in negative territory. You’ve got to have one of the worst like/dislike ratios going. Who’s the dam mole again?

 

[TheDouglas78]

Net Revenue according to basic math on the UAA balance sheet (2016-2017):

Football Net Revenue: $52,874,130
Basketball Net Revenue: $12,970,308
All Other Sports Net Revenue: $(16,040,370)

Football is 57% of operational revenue and 18% of operational costs
Basketball is 10% of operational revenue and 4% of operational costs
All other sports are 3% of operational revenue and 15% of operational costs.

Remember Football's revenue dropped from the previous year, due to the UAA having to payback purchased tickets for two lost games in 2016 (LSU and the Presbyterian). That was a 2.7 million dollar hit.

 

[Tay Bang]

Net Revenue according to basic math on the UAA balance sheet (2016-2017):

Football Net Revenue: $52,874,130
Basketball Net Revenue: $12,970,308
All Other Sports Net Revenue: $(16,040,370)

Football is 57% of operational revenue and 18% of operational costs
Basketball is 10% of operational revenue and 4% of operational costs
All other sports are 3% of operational revenue and 15% of operational costs.

Do those parentheses mean loss?

 

[jhbyrd]

I said:

UF does not make
140 million. 140 million is the revenue before expenses not the profit which is closer to 20 million than 140 million and a lot of that profit is given to help our low tuition university.

I'm going to guess that Byrdman hasn't read the Financial Statements from 2016-2017 from the UAA, just by his answers alone shows he is misinformed (2017-2018 will be released in a few weeks).

Douglas Douglas Douglas,
You always claim people's facts are wrong.
UAA 2017 :
OPERATING REVENUES: 142 MILLION
OPERATING EXPENSES:133 MILLION
MAJOR GIFTS: 8.5 MILLION

UAA CONTRIBUTION TO UF :19.2 MIllion

I used Donkey's profit figure of 140 million which is actually revenue not profit. Only off by 2 million in 2017.

And as usual the UAA gave our basic profit to UF for academics at 19 MILLION

Donkey must hate the UAA supporting education.

 

[TheDouglas78]

Do those parentheses mean loss?

yes

 

[TheDouglas78]

I said:

UF does not make
140 million. 140 million is the revenue before expenses not the profit which is closer to 20 million than 140 million and a lot of that profit is given to help our low tuition university.


Douglas Douglas Douglas,
You always claim people's facts are wrong.
UAA 2017 :
OPERATING REVENUES: 142 MILLION
OPERATING EXPENSES:133 MILLION
MAJOR GIFTS: 8.5 MILLION

UAA CONTRIBUTION TO UF :19.2 MIllion

I used Donkey's profit figure of 140 million which is actually revenue not profit. Only off by 2 million in 2017.

And as usual the UAA gave our basic profit to UF for academics at 19 MILLION

Donkey must hate the UAA supporting education.

You don't know how to read a balance sheet do you?




So the total operation revenues: per the official report is 135,061 (in thousands)

 

[Swamp Donkey]

Net Revenue according to basic math on the UAA balance sheet (2016-2017):

Football Net Revenue: $52,874,130
Basketball Net Revenue: $12,970,308
All Other Sports Net Revenue: $(16,040,370)

Only if you really believe that equal percentages or tshirt and hats sales, sec bowl profits, licensing and everything else are equally divided between football, gymnastics, track and the other sports.

Our ESPN tv revenue alone is more than 58 million.

Fakest of fake news.

The total revenue is 120-140 million and football is and has always been 85-90 percent of the revenue.

 

[jhbyrd]

You don't know how to read a balance sheet do you?

So what is incorrect? Look at 2017 operating revenues and expense. My auto correct changed the 2017 operating revenues to 133 from to 135 but other than the auto correct what is wrong?

 

[TheDouglas78]

So what is incorrect? Look at 2017 operating revenues and expense. My auto correct changed the 2017 operating revenues to 133 from to 135 but other than the auto correct what is wrong?

Read your reply to me:

Douglas Douglas Douglas,
You always claim people's facts are wrong.
UAA 2017 :
OPERATING REVENUES: 142 MILLION
OPERATING EXPENSES:133 MILLION
MAJOR GIFTS: 8.5 MILLION

UAA CONTRIBUTION TO UF :19.2 MIllion
.

Now you are saying 135... that is you moving the goalposts.

 

[jhbyrd]

Only if you really believe that equal percentages or tshirt and hats sales are equally related to football and the other sports.

Our ESPN tv revenue alone is more than 58 million.

Fakest of fake news.

The total revenue is 120-140 million and football is and has alwasy been 85-90 percent.

Says the Donkey who thinks UF makes 140 million.

 

[Swamp Donkey]

Says the Donkey who thinks UF makes 140 million.

You are a special kind of fvkking idiot. No wonder you and Sharkhumper were close, probably related.

 

[TheDouglas78]

Only if you really believe that equal percentages or tshirt and hats sales, sec bowl profits, licensing and everything else are equally divided between football, gymnastics, track and the other sports.

Our ESPN tv revenue alone is more than 58 million.

Fakest of fake news.

The total revenue is 120-140 million and football is and has always been 85-90 percent of the revenue.

The SEC/ESPN revenue is part of the SEC/NCAA Distributions which was a total of $44,250,000 (at increase of $2,721,000). Thought, I believe more than 57% should be attributed to that, it is the equation they have in place.

 

[78]

Says the Donkey who thinks UF makes 140 million.

Stop being a dick. We went into this ad nauseum a few weeks ago. He's attempting to use the word "make" like, "I make such and such from my full-time job." No one ever quotes their after-tax net. They say, I MAKE THIS MUCH. And the reality is, the vast majority of revenue and net income comes from football.

There's only one debate amid this debacle and it exists over the timing of the baseball stadium build. The UAA undoubtedly knows it should have been more proactive about managing the RE adjacent to BHG.

 

[jhbyrd]

Read your reply to me:


Now you are saying 135... that is you moving the goalposts.[/QUOTE

Read your reply to me:


Now you are saying 135... that is you mying the goalposts.

My phone signal is terrible here. You are correct on total expenses versus operating expenses. The bottom line is the UAA made in effect arouND 20 million and gave it to the University.