 Scott DochtermanI'm originally from Burlington, and I'm a 1997 Western Illinois University graduate. I've worked in Burlington, Muscatine, Fort Dodge and [...] |
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Iowa football loses, Iowa basketball gains in Big Ten gate revenue sharing
Iowa linger in the stands in silence after Northwestern defeated Iowa 17-10 at Kinnick Stadium in Iowa City on Saturday, November 7, 2009. (Cliff Jette/The Gazette)
IOWA CITY — Iowa’s football program lost more than $765,000 in Big Ten gate revenue sharing for the 2009 season.
Big Ten schools share 35 percent of all gate revenue from league games up to a $1 million ceiling and a $300,000 floor. Iowa paid the league $3.715 million in revenue sharing for its four home games and received $2.95 million in return. Iowa ranked fourth among Big Ten schools losing money because of football revenue sharing.
Penn State, Michigan and Ohio State contributed the $4 million maximum in revenue sharing, as it does every year. Wisconsin ($657,341) and Michigan State ($656,075) also lost money in revenue sharing. Those seven schools always lose money in Big Ten revenue sharing because of their football stadium size and attendance.
It’s likely Nebraska, with its capacity exceeding 81,000 and weekly home sellouts, will infuse between another $3.5 million to $4 million into the revenue-sharing pot when it joins the league next year.
Schools receiving more in revenue sharing than paid include: Northwestern ($1.71 million), Indiana (nearly $1.3 million), Minnesota ($896,704), Purdue ($785,650) and Illinois ($539,539).
“We share revenues equitably,” Minnesota Athletics Director Joel Maturi said. “Believe me every conference doesn’t do it, and they don’t do it quite the way that we do it.
“Quite frankly Minnesota has been a benefactor of that.”
For the third straight year Iowa men’s basketball received a paycheck from the Big Ten based on its revenue-sharing policy. Men’s basketball programs send 25 percent of home gate revenue from league games with a $67,000 per-game ceiling and a $29,000 per-game floor.
Iowa was one of only three schools receiving more in revenue sharing than paying. Iowa took in $158,992, behind Northwestern ($214,647) and Penn State ($248,162). Losing the maximum of $86,597 were Illinois, Indiana, Michigan State, Minnesota, Ohio State, Purdue and Wisconsin.
Here’s what Iowa paid to the league in revenue sharing
FOOTBALL — Michigan ($968,840), Indiana ($898,420), Northwestern ($920,648), Minnesota ($927,531)
BASKETBALL — Purdue ($42,789), Minnesota ($41,602), Penn State ($41,911), Michigan State ($42,129), Ohio State ($35,850), Illinois ($43,259), Northwestern ($29,946), Michigan ($31,644), Indiana ($48,281).
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Any idea of the math on this? $3.715 million divided by 0.35 (35% of sales) divided by four league home games is a total ticket sales of $2,653,571 per game. Assuming sellouts for all games (70,585), that's $37 and some change / ticket. Know anyone that pays that little? I'm sure some are given away by the university, but that's easily made up for by the 'club seating' tickets or whatever they're called. Is there some sandbagging going on?
Ok my bad. According to Marc's blogpost:
http://gazetteonline.com/blogs/on-iowa/2009/12/03…
General public season tix $48/game, UI Faculty $39, and Student $22. So if they sell something like 20,000 students, that would be about right.
DUH!!!!!!! when the football team wins more games than the basketball team does in the season, fans dont show up at the basketball games. Thank goodness for the revenue sharing or Iowa would not have a basketball team.
I don't think 152 grand one way or the other is going to save or destroy Iowa's basketball program. That's little more than one month's salary for a head coach. So it's hardly a deal breaker either way.
Hey Scott:
I have a question that is completely unrelated to your fine post today. Can you tell us anything about Iowa frosh RB DeAndre Johnson's knee rehab? Is he practicing? Would he possibly get playing time if Iowa's RB position kept sustaining suspensions/leaves of absence/injuries?
I saw him out there in drills yesterday. Looked decent from what I could tell.
Thanks!
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