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chuckd4vt

Joined: 12/22/2002 Posts: 8500
Likes: 2169


Their revenue increased by $13 mill first year w/ only a partial share.


Do the math.

http://maryland.247sports.com/Bolt/B1G-Money-Marylands-Revenue-Increased-13-Million-in-2014-2015-42130221

"Furthermore, another report I found suggested they will have paid off all the debt they racked up while in the ACC, including they ACC buyout and a $55 million stadium renovation, by 2021.

University of Maryland athletics generated $86.9 million of revenue in the 2014-2015 fiscal year, its first in the Big Ten Conference -- an increase of roughly $13 million from the previous year -- according to the U.S. Department of Education's Office of Postsecondary Education.


Maryland's increased revenues are largely related to its move from the Atlantic Coast Conference to the more lucrative Big Ten, which boasts four of the 10 highest-grossing programs in the country according to report by CBSSports' Jon Solomon, who provided Maryland's revenue numbers to InsideMDSports."

And BTW, they earned $86 million in 14-15, which was $13 million more than their last year in the ACC. And look what the revenue was in 15-16. It was $92 million which was $19 million more than their last year in the ACC.

http://sports.usatoday.com/ncaa/finances/


AND THAT IS INDEED WITH A PARTIAL SHARE. Wait till they get a full share soon, and just wait until the checks come in from this new massive deal.

Stop attempting to mislead the board please. Maryland's move is already paying off and it will for years to come. They have a balanced budget now, something they weren't able to do in the ACC, and they will be leaps and bounds ahead of VT for the foreseeable future. No way to spin that.

(In response to this post by Maroon Doom)

Posted: 05/11/2016 at 5:24PM



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Current Thread:
 
  
Bruce Feldman, Dennis Dodd and Stewart Mandel on B12 expansion -- Tailgate Guru 05/10/2016 11:52PM
  Wow, two typos in the first three paragraphs. ** -- Will Stewart  05/11/2016 08:49AM
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