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Thread: UC's 5/3 Update

  1. #11
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    Quote Originally Posted by Strange Brew View Post
    X should give away unsold tickets to X students to ahem, show UC how much they love 'em every game.
    that would be awesome haha

  2. #12
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    No to Cintas..let em play at the dogshit center or whatever that place on the riverfront is called these days.

  3. #13
    Supporting Member xudash's Avatar
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    UC's Athletic Department is losing money at the pace of $20 million per year.

    Opinion piece from the Cin Enquirer:

    UC spending on 'athletic arms race' irresponsible
    Ron Jones and John McNay | Updated 8d ago

    Ron Jones is a librarian in the University of Cincinnati College of Law and president of the UC chapter of the American Association of University Professors. John McNay is a history professor at UC Blue Ash College and president of the Ohio Conference, AAUP.

    Athletics can be a fun part of the college experience for students. The faculty enjoy watching sporting events and supporting student athletes as much as anyone, but at some point you have to ask at what cost?

    After factoring in ticket sales, sponsorships, advertising and all other sources of revenue, UC’s athletic program loses more than $20 million per year. This $20 million deficit is covered by taking $20 million from the academic side of UC. This money – generated from tuition, student fees and other sources – is diverted from every college and program that make up the University of Cincinnati.

    According to the Knight Commission on Intercollegiate Athletics' report “Restoring the Balance,” UC’s expenditure per student declined by 32 percent from 2005 to 2012. Over the same period, its spending on athletics increased by 76 percent. Those trends have continued. Today, the university subsidizes nearly half of the athletic program’s budget....

    The sea of athletic department red ink costs each UC student over $500 a year and about $2,000 over the four years it takes to complete an undergraduate degree. Further, UC athletic department’s total debt is $139 million.

    .........

    The argument now is that joining the Big 12 will bring in enough money to close the expanding shortfall in revenue in UC athletics. But joining the Big 12 will certainly mean even more spending on coaches, buildings, players, travel and equipment.
    ------------------------------------------------------------------------------------------------------


    That last sentence is scary. It's probably the reason that a number of P5 schools lacking 100k+ capacity stadiums loose money.
    X A V I E R

  4. #14
    Junior coasterville95's Avatar
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    UC's 5/3 Update

    I still think the only role Cintas Center plays in all of this is as a bargaining chip to try to get lower rent at US Bank Arena.

    Perhaps they should tour UD Arena as well...
    - David Bowers ('95)

  5. #15
    Junior coasterville95's Avatar
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    UC's 5/3 Update

    Oh and add to all the costs XU dash proposes - a cleaning and sterilizing fee for Dans Gardens after each UC game.
    - David Bowers ('95)

  6. #16
    Quote Originally Posted by xudash View Post
    UC's Athletic Department is losing money at the pace of $20 million per year.

    Opinion piece from the Cin Enquirer:

    UC spending on 'athletic arms race' irresponsible
    Ron Jones and John McNay | Updated 8d ago

    Ron Jones is a librarian in the University of Cincinnati College of Law and president of the UC chapter of the American Association of University Professors. John McNay is a history professor at UC Blue Ash College and president of the Ohio Conference, AAUP.

    Athletics can be a fun part of the college experience for students. The faculty enjoy watching sporting events and supporting student athletes as much as anyone, but at some point you have to ask at what cost?

    After factoring in ticket sales, sponsorships, advertising and all other sources of revenue, UC’s athletic program loses more than $20 million per year. This $20 million deficit is covered by taking $20 million from the academic side of UC. This money – generated from tuition, student fees and other sources – is diverted from every college and program that make up the University of Cincinnati.

    According to the Knight Commission on Intercollegiate Athletics' report “Restoring the Balance,” UC’s expenditure per student declined by 32 percent from 2005 to 2012. Over the same period, its spending on athletics increased by 76 percent. Those trends have continued. Today, the university subsidizes nearly half of the athletic program’s budget....

    The sea of athletic department red ink costs each UC student over $500 a year and about $2,000 over the four years it takes to complete an undergraduate degree. Further, UC athletic department’s total debt is $139 million.

    .........

    The argument now is that joining the Big 12 will bring in enough money to close the expanding shortfall in revenue in UC athletics. But joining the Big 12 will certainly mean even more spending on coaches, buildings, players, travel and equipment.
    ------------------------------------------------------------------------------------------------------


    That last sentence is scary. It's probably the reason that a number of P5 schools lacking 100k+ capacity stadiums loose money.

    The funny thing is, the Big12 will not be a golden parachute for them, the Big 12 is not going to give the newbies a big chuck of the money for a while.
    Coaches don't make Xavier, Xavier makes coaches.

  7. #17
    Administrator Muskie's Avatar
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    Is Cintas really on the table to host UC while they do renovations? Surely that would be a bad idea for all involved?
    "He's a little bit ball-dominant, he needs to have the ball in his hands, and he's not a good shooter." Ball-dominant … isn't that a nice way of calling someone a ball hog? Where is my Jay Bilas Thesaurus?

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  8. #18
    Supporting Member paulxu's Avatar
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    Maybe it's Mick's idea so the gnome can host the Shootout at a neutral site for one year.
    ...he went up late, and I was already up there.

  9. #19
    Supporting Member GoMuskies's Avatar
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    Quote Originally Posted by Muskie View Post
    Is Cintas really on the table to host UC while they do renovations? Surely that would be a bad idea for all involved?
    I'm not really sure what the downside would be from UC's perspective. Other than perhaps disappointment when they go back to playing home games on their own campus.

  10. #20
    Supporting Member GIMMFD's Avatar
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    Quote Originally Posted by throwbackmuskie View Post
    The funny thing is, the Big12 will not be a golden parachute for them, the Big 12 is not going to give the newbies a big chuck of the money for a while.
    Agreed, because part of the acceptance into the Big 12 is knowing that you'll be taking less money than what the already established members have, will it be more than the AAC??? Probably, but that won't help $20mil in debt annually..

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