NU not among top 25 in revenue

[Pepe Silvia]

this is a little embarrassing. 8 Big 10 teams ahead of us in revenue including Indiana and Illinois

(in millions)
1-Ohio State $251
2-Texas $239
3-Alabama $214
4-Michigan $210
5-Georgia $203
6-LSU $199
7-Texas A&M $193
8-Florida $190
9-Penn State $181
10-Oklahoma $177
11-Auburn $174
12-Michigan State $172
13-Indiana $166
14-Virginia $161.9
15-Florida State $161.1
16-Kentucky $159
17-Clemson $158
18-Tennessee $154
19-Oregon $153
20-Arkansas $152
21-Cockeye $151
22-Wisconsin $150
23-Louisville $146
24-Illinois $145.7
25-Washington $145.1
26-Nebraska $143.4

NCAA Finances: Revenue & Expenses by School - USA TODAY

Which are the most profitable college athletic programs in the country? See a ranked listed, including total revenue and expenses. Brought to you by USA TODAY.

sports.usatoday.com

 

[alt f4]

Nebraska had $141 million in expenses in 2022, Since the AD is not losing money, I don't think their 2022 revenue is being reported. yet.

Edit: I take that back, they only had $143 in revenue last year.

Edit #2: Nebraska isn't reporting donors to this figure. Nebraska only reported $1.29 million, Illinois $40.96 million, Indiana $61.66 million.

 

[That SOB Van Owen]

How is contributions only $1.2 million?

 

[jickey moseph]

1.2M in contributions seems low.

 

[Alcaus]

Top 5 NIL tho

 

[Dear_Leader]

only school not at a loss. kinda of skewed stat

 

[Tonkasker]

1. Wonder if/how much of the donation base was re-routed to the facility project and how that was structured?

2. What % of many of these schools' budgets goes toward servicing debt (which we famously do not have)

3. How the fuck is Illinois above us? Same goes for Virginia.

 

[jickey moseph]

Does making the post-season in the two major men’s sports impact this at all? I honestly have no idea how much revenue you receive from making the tournament or a bowl.

 

[BIGSTICK67]

Every year these numbers are a head scratcher when it comes to Nebraska.

We must report differently? If that's the case, it should be mentioned IMO.

Donation numbers are abysmal.

 

[cwessel76]

Can we get PwC to audit these numbers?

 

[Baron Winnebago]

Can we get PwC to audit these numbers?

@Jim14510 put his accounting prowess to work on that exact job and found out we have -117 million pesos in revenue.

 

[ChocaEgg]

 

[CornHub]

Every year these numbers are a head scratcher when it comes to Nebraska.

We must report differently? If that's the case, it should be mentioned IMO.

Donation numbers are abysmal.

People are saying they only reported $1.2 million in donor money. That just can't be accurate.

 

[BIGSTICK67]

People are saying they only reported $1.2 million in donor money. That just can't be accurate.

I agree. That's why I'm bringing it up again. The question is why?

 

[CornHub]

I agree. That's why I'm bringing it up again. The question is why?

Could have something to do with the new facilities like others have mentioned? Maybe they don't need the extra donor money and it's all going towards NIL?

 

[BIGSTICK67]

Could have something to do with the new facilities like others have mentioned? Maybe they don't need the extra donor money and it's all going towards NIL?

Now THAT would be a bauce move. No checkers played around these parts.

 

[God is a Husker]

Can we get PwC to audit these numbers?

My favorite PWC story is from my former tax law professor who said she was an associate slave on the audit of Enron team.

Her team told their supervisor that they had never seen such clean books (which is immediately suspect) but they were told by their supervisor’s supervisor to “shut up and dribble”

 

[DennyCrane]

Here is the deal. Since at least 2008ish, Nebraska’s AD has only reported the amount of donor dollars necessary to make the budget balance with a slight surplus. The rest of the money remains in the NU foundation. Back as long ago as the mid 2010s there was $15 millionish per year of donor money staying in the foundation in the “Rainy Day Fund”. That is why the AD didn’t sweat Covid too bad like other schools. There is a borderline obscene amount of money that the AD has stuffed in the foundation. If the full amount of donor dollars were counted NU is Top 15. Don’t worry our AD is printing money. I posted about it on RSS too.

 

[Frogsker30]

Here is the deal. Since at least 2008ish, Nebraska’s AD has only reported the amount of donor dollars necessary to make the budget balance with a slight surplus. The rest of the money remains in the NU foundation. Back as long ago mid 2010s there was $15 millionish per year of donor money staying in the foundation in the “Rainy Day Fund”. That is why the AD didn’t sweat Covid too bad like other schools. There is a borderline obscene amount of money that the AD has stuffed in the foundation. If the full amount of donor dollars were counted NU is Top 15. Don’t worry out AD is printing money. I posted about it on RSS too.

 

[nja13]

People are saying they only reported $1.2 million in donor money. That just can't be accurate.

Wouldn’t seat donations alone be way more than that?