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VTCALS72

Joined: 11/07/2020 Posts: 6124
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Where did that number come from?


Numbers, especially apples to apples numbers are hard to really get. According to a 3/17/2021 Roa Times article in 2020 VT had a surplus, which I think is roughly equal to "profit" or income net of expenses of 1.7 million. that is one million seven hundred.

According to the Knight Commission website, in 2020 VT took in a total of $99,193,958 and spent $87.2. Not sure where the difference in that 12 mil and the 1.7 in the RT article is.

Football spending was about $34,000,000. I have not yet found how to get to a table that compares Football income to football expense. But I did find that Geo Mason spends $30 mil on 22 sports and 482 athletes. VCU spends $34 mil on 17 sports and 307 athletes. VT funds about 21 non football sports with about 482 athletes so I think it is safe to assume that Vt spends, and raised from other than football sources, about 34 mil just like GMU and VCU.

See my confusion? We didn't take in much less make $100,000,000. By these numbers VT's football revenue is about 65 million.

And this does not say whether the $34,000,000 spent on football also includes debt service (P&I) on football facilities. By the bottom line being where it is I would think there is another chunk of money paid for something like that.
[Post edited by VTCALS72 at 12/19/2021 3:42PM]

(In response to this post by BROman Hokie)

Posted: 12/19/2021 at 3:38PM



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  Oh please explain it to me Mr. Athletic Director ** -- BROman Hokie 12/19/2021 4:54PM
  Where did that number come from? -- VTCALS72 12/19/2021 3:38PM
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