By Last Updated on June 21, 2011
Last week I showed you Ohio State’s football budget. This week I’ll be doing some pieces on University of Georgia’s budget.
The first interesting thing I noticed on UGA’s budget is that they break down ticket revenue for football by game. Here’s what they are projecting for each home and neutral site game this season:
| TICKET REVENUE | |
| Boise State | $1,700,000 |
| South Carolina | $2,785,000 |
| Coastal Carolina | $2,695,000 |
| Mississippi State | $2,735,000 |
| Florida | $1,690,000 |
| New Mexico State | $2,825,000 |
| Auburn | $2,875,000 |
| Kentucky | $2,740,000 |
You’ll note the hit UGA takes for each of the two neutral site games against Boise State and Florida: about $1 million each. In total, however, the football program is projected to make $20,045,000 from ticket sales. Comparatively, the four other sports that sell tickets (men’s and women’s basketball, baseball and gymnastics) are only projected to make $1,400,000.
It’s tough to do a direct comparison between Ohio State and UGA on a line item basis because their budgets are set up a little differently. However, it does appear that Ohio State is making a great deal more than UGA when it comes to football. Ohio State is projected to make $36,399,540 from ticket sales for the 2011 season. When you add in UGA’s sky suite revenue to the $20,045,000 ticket revenue discussed above the grand total is $25,568,400. UGA does have only 6 home games (with two neutral site games) while Ohio State has 7, and there’s a large capacity difference with Ohio State at 102,329 and UGA at 92,746.
In terms of total football revenue, it’s tough to compare the two schools line by line. For example, Ohio State shows $1,715,000 in concessions for just football, whereas UGA only shows concessions revenue for the athletic department as a whole at $1,250,000. Clearly Ohio State is making more regardless, but it’s one example of how a side-by-side comparison isn’t going to be perfect.
One thing I can compare for you is television money. Ohio State projects television revenue of $11,415,300 for football. UGA projects just $9,450,000, the difference no doubt due to the Big Ten Network. However, UGA’s projection for 2010-2011 was a bit low, so it’s likely they’ll see a little more money than projected for 2011-2012. UGA budgeted for $8.96 million in 2010-2011 and last week found out its share would instead be $9.42 million, making its $9.45 million projection for 2011-2012 likely low.
One area where UGA fans will probably be excited by the comparison, however, is recruiting budget. Ohio State shows a recruiting budget of $438,500 for football while UGA’s is at $600,000. That’s despite UGA trailing Ohio State by about $12 million in football revenue by my estimation. I was a bit surprised by this difference, as I assumed Ohio State traveled out of state for recruiting more than Georgia who has such a strong recruiting base in-state. You know what they say about assumptions. I tallied up the in-state student on both rosters and found this: UGA (65), Ohio State (64).
Another interesting comparison is revenue from the conference playoff game. UGA is projected to make $1.3 million from the SEC’s game, while Ohio State is projecting just $904,000 for the Big Ten’s inaugural game. I also think it’s possible UGA will make more than projected, as I received this budget before the SEC announced distributions for the 2010-2011 school year. The Orlando Sentinel reported that $15.3 million was split by the SEC’s 12 schools for the 2010 SEC Championship Game, which would have amounted to $1.275 million per school. The budget I have shows UGA only projecting $1 million for 2010 with an increase to $1.3 million for 2011. I’d put my money on the final figure in 2011 being higher than UGA’s budgeted amount. Obviously, Ohio State could also see more money than budgeted as the Big Ten Championship Game will be the conference’s first and is probably projected conservatively.
If you’re interested in UGA’s complete expense budget for football, here it is:
| EXPENSES | 2010-2011 | 2011-2012 |
| Monthly Payroll | $2,714,668 | $3,388,326 |
| Biweekly Salaried | $71,114 | $49,248 |
| Biweekly Hourly | $200,000 | $214,000 |
| Staff Benefits | $710,610 | $866,251 |
| Graduate Assistants | $108,692 | $108,692 |
| Compensation | $3,149,500 | $3,002,000 |
| Local Bus Service | $18,500 | $20,000 |
| Squad Travel | $1,150,000 | $1,150,000 |
| Recruiting & Coaches Travel | $600,000 | $600,000 |
| Supplies | $330,000 | $330,000 |
| Laundry Supplies | $40,000 | $40,000 |
| Miscellaneous | $50,000 | $70,000 |
| Guarantees | $0 | $15,000 |
| Game Expense | $1,900,000 | $2,100,000 |
| Programming | $0 | $15,000 |
| Pregame Meals | $50,000 | $40,000 |
| Filming & Video | $91,400 | $122,320 |
| Officials | $220,000 | $220,000 |
| Pre/Post Season Training | $200,000 | $210,000 |
| Public Relations | $10,000 | $10,000 |
| Clinic Expense | $21,000 | $21,000 |
| Banquet | $8,000 | $8,000 |
| G-Day Expense | $40,000 | $40,000 |
| Preseason Retreat | $15,000 | $15,000 |
| Special Occasions | $75,000 | $25,000 |
| TOTAL | $11,773,484 | $14,069,837 |
m (Ag)
June 7, 2011You need the money (if any) they would receive as a visiting school to compare the Florida game to the other home games. Over 2 years they receive about $3.4 million for playing Florida twice in Jacksonville. Over the same 2 years, they’ll get $2.7 million for hosting South Carolina plus anything they receive as a visitor to South Carolina.
Similarly, you would need to know what the Boise game replaces on the schedule to know if they’re really taking a hit. If, for example, they could get Boise to do a home only series, they could maybe make $2.7 million in ticket sales. However, it would probably cost at least $1 million to get Boise to make the trip. A home and away series against a BCS school would be similar, since they would make a bunch of money for the home game, but little for the away trip.
Of course, there are other things (like lost concession revenue) that would need to be accounted for as well.
Kristi Dosh
June 7, 2011I understand your point. However, my point is that in only having 6 home games this season the Dawgs lose money. Most other programs have seven home games in any given season. In my opinion, UGA has given up money in order to play in two neutral site games. it’s the combination of having two in one year that produces the loss.