12-07-2007, 08:16 PM | #31 |
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He said the university, not the athletic department.
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12-07-2007, 08:17 PM | #32 | |
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I have no way of knowing, but $50MM a year in donations, particularly repetitive ones, seems awfully high. Santos may know for sure since he seems to have access to the LDS Church accounting database. But I would venture to guess that $50MM is high.
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12-07-2007, 08:23 PM | #33 |
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Not the athletic department, but the whole university.
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12-07-2007, 08:28 PM | #34 | |
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$50M seems high but not ordinately high for BYU as a whole. They're always building and always asking for money. It seems a few years ago when Bateman did a big push they got much more than $50M like several times that number. Athletic department got a portion of that to build indoor practice facility. Athletic budget is $25M a year and basically breaks even. Might turn a small profit or migh run a small deficit depending on the year. Donations to athletic dept are included in the top line revenue. They'll run a capital project for building or recently for coaches salaries and put in in an endowment where just the interest is considered revenue for athletic department. I believe BYU requires $500M in tithing money, so $50M doesn't go too far with that. $50M also wouldn't be a large number compared to what other universities get in donations every year. Then again, what does it matter? Church gets tithing, BYU donations, BYU athletic dept donations. Church uses all of it to fund its projects, including BYU athletics. Hey to ALUF's. |
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12-08-2007, 04:40 PM | #35 | |
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It is my guess that a concensus, or near concensus, opinion of 200 Legacy Members who are semi passionate count for more than 2,000 passionate fans who watch the games on TV and don't even join the CC as $100 members. |
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12-08-2007, 05:11 PM | #36 |
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I think the problem is this:
When you bring up how much money you donate to BYU, people assume you're saying your opinion is more important than theirs because you are loaded. With money, not booze. I think. That doesn't sit well with most people. |
12-08-2007, 05:58 PM | #37 |
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Valid point. I will come clean. I borrowed the money I donated.
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12-08-2007, 06:07 PM | #38 |
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One you pay back the loan, then I will care about your opinion with regards to BYU sports.
Also, I have moved you from my "Legacy Ignore" list back down to my rank and file "Ignore" list.
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12-08-2007, 06:50 PM | #39 |
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Those legacy tickets have been killing BYU crowds and finances for a generation. They have also contributed to the miserly attitude of many BYU football fans.
Now that we have gotten back to on the field success the fanbase is going to need to pony up. I just looked up the Bama season ticket pricing and they have waiting lists to fill a 93,000 seat stadium! And they have had one good team in the last five years. Furthermore they have a smaller, less affluent alumni base. It is this same way all throughout the SEC and Big XII and so on. http://www.rolltide.com/fls/8000/fil...DB_OEM_ID=8000 In order to really mount a challenge to the big boys, all aspects of the program need to pull their weight and that is where the money boys come in. Just count your donations as part of your tithing. It is all going to the same place isn't it? |
12-08-2007, 07:03 PM | #40 | |
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