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Jimbo putting FSU/ACC on notice?

  • Disclaimer: I am not on board with the ACC so I break down every comment I read/hear that would strengthen an argument for FSU to bolt the ACC. With that said, I thought the quote below was interesting.

    "The money's changed," Fisher said. "There wasn't any money in coaching back then, so guys didn't have incentive to jump from job to job to job. Now, people are throwing around large amounts of money because of TV. That's allowing schools to pay more, so it's drawing people out."

    Obviously I don't expect FSU Admin/Boosters to keep the average fan in the loop, but I really hope FSU's brass doesn't have their head in the sand.

    This post was edited by PanicFSU on 4/10/2012 at 10:18 PM

    Will the Miami Hurricanes, Florida Gators and Florida State Seminoles rise again? - ESPN

    The state of Florida saw unprecedented success stretching over three decades. But Miami, Florida and Florida State have fallen on hard times, by their own lofty standards. Will the state of Florida rise again?

    espn.go.com

    "Sometimes when you bring the thunder, you get lost in the storm." -Kenny Powers

    PanicFSU

  • FSU's 2011 revenue was 17th nationally with $87 million.

    The ACC average was $62 million.

    By the way, our generated revenue for 2011 was just behind the average 2011 SEC (- $1 million) revenue, above the average Big 10 revenue (+ $150,000), and significantly higher than the Big 12 (+$14 million) or Pac 10 (+$24 million---which won't remain with the new contract) average revenue last year.

    Top 10 for 2011:
    1. The University of Texas- $150,295,932 
    2. Ohio State University- $131,815,819 
    3. The University of Alabama- $123,910,432 
    4. University of Florida- $123,008,257 
    5. University of Michigan- $122,486,490 
    6. Pennsylvania State University- $116,118,026 
    7. Louisiana State University- $106,421,671 
    8. University of Oklahoma- $104,338,843 
    9. Auburn University- $103,982,441 
    10. The University of Tennessee- $102,495,204

    FSU had a 15% increase in 2011 from 2010. If that happens in 2012, the budget would be $100.5 million (Another 15% seems unlikely, but what do I know?). It would be exciting to join the $100 million dollar club.

    This post has been edited 2 times, most recently by fsukum on 4/10/2012 at 10:26 PM

    fsukum

  • No, I don't think he was putting the ACC on notice. What he said was the truth and I think every coach across the country would tell you the same.

    tricknole

  • fsukum said...

    FSU's 2011 revenue was 17th nationally with $87 million.

    The ACC average was $62 million.

    By the way, our generated revenue for 2011 was just behind the average 2011 SEC (- $1 million) revenue, above the average Big 10 revenue (+ $150,000), and significantly higher than the Big 12 (+$14 million) or Pac 10 (+$24 million---which won't remain with the new contract) average revenue last year.

    Top 10 for 2011: 1. The University of Texas- $150,295,932  2. Ohio State University- $131,815,819  3. The University of Alabama- $123,910,432  4. University of Florida- $123,008,257  5. University of Michigan- $122,486,490  6. Pennsylvania State University- $116,118,026  7. Louisiana State University- $106,421,671  8. University of Oklahoma- $104,338,843  9. Auburn University- $103,982,441  10. The University of Tennessee- $102,495,204

    FSU had a 15% increase in 2011 from 2010. If that happens in 2012, the budget would be $100.5 million (Another 15% seems unlikely, but what do I know?). It would be exciting to join the $100 million dollar club.

    But FSU's profit was zero. Correct?

    The means lack of funding for IPF, Athletic Dorms, bidding wars for coaches, etc.

    "Sometimes when you bring the thunder, you get lost in the storm." -Kenny Powers

    PanicFSU

  • They reported 0, yes. More savvy business folk can provide reasons why (taxes is my guess). I doubt FSU increased their spending by 15% in one year, especially when the budget was proposed a year ago. That means the excess revenue was likely spent elsewhere (debt?).

    fsukum

  • Schools report profit differently. Tough to compare. In my opinion, scholarship endowment is the big difference. FSU spends a lot on scholarships, comparatively. Revenue wise, FSU is running with the middle of the pack in the SEC. Another 15% increase puts us among the top-10th nationally.

    This post has been edited 3 times, most recently by fsukum on 4/10/2012 at 11:10 PM

    fsukum

  • This is the exact reason I am for FSU leaving the ACC. FSU's brand is too big for the ACC. I know we are becoming a mega conference in BBall, but football is king in college revenue, and if FSU was in a bigger more marketable football conference we would be up there with the 100 million dollar schools.

    signature image

    why_me

  • why_me said...

    This is the exact reason I am for FSU leaving the ACC. FSU's brand is too big for the ACC. I know we are becoming a mega conference in BBall, but football is king in college revenue, and if FSU was in a bigger more marketable football conference we would be up there with the 100 million dollar schools.

    We sure would be. Exciting to think about, isnt it? Hopefully we can bring in ND.

    fsukum

  • fsukum said...

    Schools report profit differently. Tough to compare. In my opinion, scholarship endowment is the big difference. FSU spends a lot on scholarships, comparatively. Revenue wise, FSU is running with the middle of the pack in the SEC. Another 15% increase puts us among the top-10th nationally.

    It can happen just depends on going to games and increasing your donation 15%

    fsumd

  • why_me said...

    This is the exact reason I am for FSU leaving the ACC. FSU's brand is too big for the ACC. I know we are becoming a mega conference in BBall, but football is king in college revenue, and if FSU was in a bigger more marketable football conference we would be up there with the 100 million dollar schools.

    So we can't win the ACC in football, just won our first ever ACC hoops tourney, and you would have us go to the SEC, where the Chik fila bowl would be the goal every yr?

    People need to be patient, trust me on that.

    This post was edited by Pbenuncensored26482 on 4/11/2012 at 5:45 AM

    Pbenuncensored26482

  • Pben-uncensored said...

    So we can't win the ACC in football, just won our first ever ACC hoops tourney, and you would have us go to the SEC, where the Chik fila bowl would be the goal every yr?

    People need to be patient, trust me on that.

    Completely agree. We're the third best football program in the ACC and in basketball just won one of the most disinguished conferences, and people want us to go to the SEC?

    We lose to UVA at home and WF and Clemson every other year. Our season highlight is playing Oklahoma tough and beating a dreadful UF team. Watch what happens to our revenues if we go to the SEC and have to schedule cupcakes every year just to go .500.

    aivlys


  • I think what it boils down to is an individual commitment to the sport...will FSU win a straight up bidding war with Florida for a coach? Probably not. Could FSU compete with Tennessee for a coach, all things considered? I think so.

    As far as Jimbo goes, I think he was just making an observation. I like the guy, and I think he'll be a tremendous coach very soon, but I don't think we're in danger losing him to a bigtime program anytime soon. Not until the recruiting success equals on field success.

    signature image signature image signature image

    WillyDees

  • fsukum said...

    Top 10 for 2011:
    1. The University of Texas- $150,295,932
    2. Ohio State University- $131,815,819
    3. The University of Alabama- $123,910,432
    4. University of Florida- $123,008,257
    5. University of Michigan- $122,486,490
    6. Pennsylvania State University- $116,118,026
    7. Louisiana State University- $106,421,671
    8. University of Oklahoma- $104,338,843
    9. Auburn University- $103,982,441
    10. The University of Tennessee- $102,495,204

    Coincidentally, the Top 10 mentioned are all in the Top 15 in stadium capacity
    Texas - 6th largest
    Ohio State - 4th
    Bama - 5th
    Florida - 11th
    Michigan - 1st
    Penn State - 2nd
    LSU - 9th
    Oklahoma - 15th
    Auburn - 12th
    Tennessee - 3rd

    FYI - Doak is 14th

    I wonder if anyone can find out what the average season's ticket prices are at these venues?

    GeauxNoles

  • fsumd said...

    It can happen just depends on going to games and increasing your donation 15%

    I graduate this summer. I will most certainly join the boosters and become a season ticket holder if my finances allow me to.

    fsukum

  • GeauxNoles said...

    Coincidentally, the Top 10 mentioned are all in the Top 15 in stadium capacity
    Texas - 6th largest
    Ohio State - 4th
    Bama - 5th
    Florida - 11th
    Michigan - 1st
    Penn State - 2nd
    LSU - 9th
    Oklahoma - 15th
    Auburn - 12th
    Tennessee - 3rd

    FYI - Doak is 14th

    I wonder if anyone can find out what the average season's ticket prices are at these venues?

    Nice observation.

    fsukum

  • fsukum said...

    They reported 0, yes. More savvy business folk can provide reasons why (taxes is my guess). I doubt FSU increased their spending by 15% in one year, especially when the budget was proposed a year ago. That means the excess revenue was likely spent elsewhere (debt?).

    Paying down debt does not decrease your tax liability. You would have to increase qualified expenses to offset revenue gains.

    signature image signature image signature image

    ZZ1059 ●

  • fsukum said...

    FSU's 2011 revenue was 17th nationally with $87 million.

    The ACC average was $62 million.

    By the way, our generated revenue for 2011 was just behind the average 2011 SEC (- $1 million) revenue, above the average Big 10 revenue (+ $150,000), and significantly higher than the Big 12 (+$14 million) or Pac 10 (+$24 million---which won't remain with the new contract) average revenue last year.

    Top 10 for 2011: 1. The University of Texas- $150,295,932  2. Ohio State University- $131,815,819  3. The University of Alabama- $123,910,432  4. University of Florida- $123,008,257  5. University of Michigan- $122,486,490  6. Pennsylvania State University- $116,118,026  7. Louisiana State University- $106,421,671  8. University of Oklahoma- $104,338,843  9. Auburn University- $103,982,441  10. The University of Tennessee- $102,495,204

    FSU had a 15% increase in 2011 from 2010. If that happens in 2012, the budget would be $100.5 million (Another 15% seems unlikely, but what do I know?). It would be exciting to join the $100 million dollar club.

    And when these TV contracts kick in (Big 12 and SEC in the process of renewing as well), FSU will fall behind in this area and fast.

    FSU needs to look at it's options and projecting future revenue ranking on past results is not the way to evaluate this.

    Maybe the ACC delivers, but currently it is way behind 4 other BCS conferences.

    55Nole

  • I have been told Jimbo doesn't want FSU to move to another conference because he intends to build his rep at FSU while in the ACC and then jump to the SEC for a huge pay increase.

    Hope that isn't correct, but I trust the source.

    This post was edited by 55Nole on 4/11/2012 at 11:53 AM

    55Nole

  • ZZ1059 said...

    Paying down debt does not decrease your tax liability. You would have to increase qualified expenses to offset revenue gains.

    Just going off of what another posted suggested. Like I said, I will defer to more business savvy people. There are ways and reasons (unknown to me) to report a 0% profit for economical benefits.

    This post has been edited 2 times, most recently by fsukum on 4/11/2012 at 12:19 PM

    fsukum

  • 55Nole said...

    but currently it is way behind 4 other BCS conferences.

    The ACC is, FSU is not.

    This post was edited by fsukum on 4/11/2012 at 12:17 PM

    fsukum

  • 55Nole said...

    I have been told Jimbo doesn't want FSU to move to another conference because he intends to build his rep at FSU while in the ACC and then jump to the SEC for a huge pay increase.

    Hope that isn't correct, but I trust the source.

    Fisher is the 15th highest paid coach int he nation. That's pretty darn good for having won nothing substantial.

    fsukum

  • 55Nole said...

    I have been told Jimbo doesn't want FSU to move to another conference because he intends to build his rep at FSU while in the ACC and then jump to the SEC for a huge pay increase.

    Hope that isn't correct, but I trust the source.

    If Jimbo builds his rep here by winning conference titles and competing for National Titles, fine by me. FSU will never be able to keep up with the Alabama's or UF's of the world. If they want they could double or triple Jimbo's salary and there is nothing we could do about it, no matter what conference we are in.

    And if Jimbo (or any coach) gets us to that point, we will be one of the most attractive jobs in CFB.

    MCG3934

  • Pben-uncensored said...

    you would have us go to the SEC, where the Chik fila bowl would be the goal every yr?

    The Peach Bowl would be the GOAL? loco

    tricknole

  • aivlys said...

    Completely agree. We're the third best football program in the ACC and in basketball just won one of the most disinguished conferences, and people want us to go to the SEC?

    Third best program my moon. We have the best program in the ACC but have not had the best teams the last handful of years. OK State a better program than Texas/OU the last few years? Michigan State/Wisconsin better than Michigan? Stanford/Oregon better than USC? Hell no.

    tricknole

  • MCG3934 said...

    If Jimbo builds his rep here by winning conference titles and competing for National Titles, fine by me. FSU will never be able to keep up with the Alabama's or UF's of the world. If they want they could double or triple Jimbo's salary and there is nothing we could do about it, no matter what conference we are in.

    And if Jimbo (or any coach) gets us to that point, we will be one of the most attractive jobs in CFB.

    You say that as if UF and Bama have always been able to double or triple the FSU's coaches salary.

    Pre the last 2-3 years, when TV contracts have changed drastically, when has a UF or Bama HC ever made 2 or 3 times an FSU coach?

    My point......things are changing....this isn't status quo how things have always been. When FSU joined the ACC, it had the #1 payout. Today? #5.

    To play this as same ole same ole is to fail to recognize the environment of college football and where FSU is positioned in the future.

    55Nole

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