(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
Quote:Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
Quote:Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
1: On whether its its the ACC or FSU's fault, the truth will come out sooner rather than later.
2: That 87M doubles Pitt's and we're almost never in a deficit. Most of Pitt's faults has been self inflicted on the field.
1) I'm glad ACC teams are getting extra money this year, naturally.
2) I'm glad FSU can balance their budget and maybe come down off the ledge
3) I'd like to see someone audit the ACC's books (and maybe FSU's books as well).
(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
Quote:Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
1: On whether its its the ACC or FSU's fault, the truth will come out sooner rather than later.
2: That 87M doubles Pitt's and we're almost never in a deficit. Most of Pitt's faults has been self inflicted on the field.
On #1, I doubt it. Just look at the media contract details that nobody outside of the ACC office and ESPN are really sure what the details are.
#2 Pitt doesn't have an in-state rival that they compete with on the field every single year in every single sport that dwarfs your income and budget like FSU (and Clemson FWIW) does.
(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
Quote:Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
1: On whether its its the ACC or FSU's fault, the truth will come out sooner rather than later.
2: That 87M doubles Pitt's and we're almost never in a deficit. Most of Pitt's faults has been self inflicted on the field.
On #1, I doubt it. Just look at the media contract details that nobody outside of the ACC office and ESPN are really sure what the details are.
#2 Pitt doesn't have an in-state rival that they compete with on the field every single year in every single sport that dwarfs your income and budget like FSU (and Clemson FWIW) does.
Look no further than PSU. PSU's Revenue is even bigger than FSU's. While PSU sucked in football and been even worse in basketball there are other sports that Pitt and PSU. Ok we're not on the field rivals anymore, but we need to be a little more competitive w/ PSU financially to keep coach's and whatnot in place.
(06-08-2012 01:33 PM)Hokie Mark Wrote: 1) I'm glad ACC teams are getting extra money this year, naturally.
2) I'm glad FSU can balance their budget and maybe come down off the ledge
3) I'd like to see someone audit the ACC's books (and maybe FSU's books as well).
lol at #3.
It's just remarkable how Small-Time the ACC appears by all of this. All of a sudden $20 million appears? It sends up big time red flags to me.
(06-08-2012 12:59 PM)stever20 Wrote: 1.6 mil for the entire conference would be an additional 20 million dollars. 20 million dollars doesn't just all of a sudden appear..
I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
THIS. IMO pretty much any BCS program operating in the red has major problems. When a non-AQ can balance it's books but FSU can't something is severely jacked up.
(06-08-2012 01:33 PM)Hokie Mark Wrote: 1) I'm glad ACC teams are getting extra money this year, naturally.
2) I'm glad FSU can balance their budget and maybe come down off the ledge
3) I'd like to see someone audit the ACC's books (and maybe FSU's books as well).
lol at #3.
It's just remarkable how Small-Time the ACC appears by all of this. All of a sudden $20 million appears? It sends up big time red flags to me.
That and noone seeming to know what the TV contract says or being able to see it. Lots of red flags.
(06-08-2012 01:08 PM)ClairtonPanther Wrote: I tend to think its either FSU(or media surrounding FSU) is incompetent by releasing their budget woes far too early or the ACC totally f*cked up. I want to say its the former, and the ACC pays out schools revenue in certain blocks throughout the year. I think we all need to take in account for Bowl Revenues, and NCAA Tourney Credits as well.
Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
Quote:Here's something else to think about, FSU's Revenue is around 87M, seems to me they have a spending problem down there, rather than a revenue problem.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
1: On whether its its the ACC or FSU's fault, the truth will come out sooner rather than later.
2: That 87M doubles Pitt's and we're almost never in a deficit. Most of Pitt's faults has been self inflicted on the field.
On #1, I doubt it. Just look at the media contract details that nobody outside of the ACC office and ESPN are really sure what the details are.
#2 Pitt doesn't have an in-state rival that they compete with on the field every single year in every single sport that dwarfs your income and budget like FSU (and Clemson FWIW) does.
Look no further than PSU. PSU's Revenue is even bigger than FSU's. While PSU sucked in football and been even worse in basketball there are other sports that Pitt and PSU. Ok we're not on the field rivals anymore, but we need to be a little more competitive w/ PSU financially to keep coach's and whatnot in place.
I'd imagine it would be a much higher priority if you were facing off with Penn State every year on the field in every sport, but you aren't and it's not that high of a priority.
There's only 3 schools in the ACC that understand how dire of a situation this is, and they are the three that are competing day in and day out on the field, in the media, and on the recruiting trail with their in-state SEC rivals.
I think FSU have been the ones who have come off most poorly in all this - BY A COUNTRY MILE!
Florida State University, from tip to toe, has not acquitted itself very well at all throughout this process.
Their trustee chair, Andy Haggard came off as a feeble minded moron who didn't know what the hell he was talking about when he was spouting off (incorrectly) about flaws in the ACC's contract that favored the North Carolina schools.
Their president looks like he has not shared a whole lot of information with the trustees that govern the university.
Their AD looks like he doesn't even know how to run his department financially; and for some reason, their idiotic coach decided to weigh in on the matter as well before quickly being forced to backtrack.
And the FSU fans have come across like a bunch of gullible goofballs who don't understand basic finance and who have been played by a bunch of spiteful WVU and scorned BE fans with an ax to grind against the ACC and who have continually manipulated them by throwing out vague and incomplete comparisons of financial apples to budgetary oranges.
Look girls, we'll tell you you're pretty too. Now step off the ledge and return to sanity.
All things considered, my opinion of FSU is FAR lower now than it was before this whole affair began and I am positive I am not alone. I don't think they are a very well run university and I'm not sure that most of their fans have fully functioning brains.
Also, does anyone else find it absolutely hilarious that Andy Haggard had the straight up ballz to dress down Randy Spetman for his role in the PR disaster that ensued?
Uh, hey Andy, who do you think was primarily responsible for most of that PR mess? My vote would be for the flaming jackarse who shot off his mouth on the record before ACTUALLY BOTHERING TO READ THE PHUCKING CONTRACT and who said a lot of things that were flat out untrue and made his university look like a backwoods junior college.
But yeah, keep pounding on the AD because it's all his fault that you are an imbecile.
(06-08-2012 01:53 PM)Dr. Isaly von Yinzer Wrote: I think FSU have been the ones who have come off most poorly in all this - BY A COUNTRY MILE!
Florida State University, from tip to toe, has not acquitted itself very well at all throughout this process.
Their trustee chair, Andy Haggard came off as a complete imbecile who didn't know what the hell he was talking about when he was spouting off (incorrectly) about flaws in the ACC's contract that favored the North Carolina schools.
Their president looks like he has not shared a whole lot of information with the trustees that govern the university.
Their AD looks like he doesn't even know how to run his department financially; and for some reason, their idiotic coach decided to weigh in on the matter as well before quickly being forced to backtrack.
And the FSU fans have come across like a bunch of gullible goofballs who don't understand basic finance and who have been played by a bunch of spiteful WVU and scorned BE fans with an ax to grind against the ACC and who have continually manipulated them by throwing out vague and incomplete comparisons of financial apples to budgetary oranges.
Look girls, we'll tell you you're pretty too. Now step off the ledge and return to sanity.
All things considered, my opinion of FSU is FAR lower now than it was before this whole affair began and I am positive I am not alone. I don't think they are a very well run university and I'm not sure that most of their fans have fully functioning brains.
Also, does anyone else find it absolutely hilarious that Andy Haggard had the straight up ballz to dress down Randy Spetman for his role in the PR disaster that ensued?
Uh, hey Andy, who do you think was primarily responsible for most of that PR mess? My vote would be for the flaming jackarse who shot off his mouth on the record and before bothering to actually read the phucking contract and who said a lot of things that were flat out untrue and made his university look like a backwoods junior college.
In the always insightful words of Roseanne Roseannadanna: "Never mind".
(06-08-2012 01:33 PM)Hokie Mark Wrote: 1) I'm glad ACC teams are getting extra money this year, naturally.
2) I'm glad FSU can balance their budget and maybe come down off the ledge
3) I'd like to see someone audit the ACC's books (and maybe FSU's books as well).
lol at #3.
It's just remarkable how Small-Time the ACC appears by all of this. All of a sudden $20 million appears? It sends up big time red flags to me.
That and no obsessed message boarders seeming to know what the TV contract says or being able to see it. Lots of red flags.
FIFY.
You don't think the ACC schools know what their own damn TV contract says? Why are all conferences somehow obligated to hand every detail out for public consumption?
(06-08-2012 01:51 PM)catdaddy_2402 Wrote: There's only 3 schools in the ACC that understand how dire of a situation this is, and they are the three that are competing day in and day out on the field, in the media, and on the recruiting trail with their in-state SEC rivals.
And we haven't heard a word from GT about any of this. Clemson & FSU at best seem to be rouges, especially FSU who's BOT member that opened his big mouth is now gone. Clemson's "reports" seem to be nothing more than regurgitation of the FSU "reports".
(06-08-2012 01:17 PM)catdaddy_2402 Wrote: Having been a lifelong fan of a school in the ACC, I'd put my money on the latter rather than the former.
No, it's a revenue problem. FSU brings in $87 million a year, which sounds great until you see that it's dwarfed by what it's in-state rival that they face head to head every year makes.
1: On whether its its the ACC or FSU's fault, the truth will come out sooner rather than later.
2: That 87M doubles Pitt's and we're almost never in a deficit. Most of Pitt's faults has been self inflicted on the field.
On #1, I doubt it. Just look at the media contract details that nobody outside of the ACC office and ESPN are really sure what the details are.
#2 Pitt doesn't have an in-state rival that they compete with on the field every single year in every single sport that dwarfs your income and budget like FSU (and Clemson FWIW) does.
Look no further than PSU. PSU's Revenue is even bigger than FSU's. While PSU sucked in football and been even worse in basketball there are other sports that Pitt and PSU. Ok we're not on the field rivals anymore, but we need to be a little more competitive w/ PSU financially to keep coach's and whatnot in place.
I'd imagine it would be a much higher priority if you were facing off with Penn State every year on the field in every sport, but you aren't and it's not that high of a priority.
There's only 3 schools in the ACC that understand how dire of a situation this is, and they are the three that are competing day in and day out on the field, in the media, and on the recruiting trail with their in-state SEC rivals.
We compete w/ them when it comes to recruiting. Keep our coach's intact is vital to beating out PSU. As you can see this past year, Graham left swift as hell and left our recruiting class almost a wreck. And yes, we compete w/ them in the eyes of the media as well. So yea, its very comparable.
(06-08-2012 01:53 PM)Dr. Isaly von Yinzer Wrote: I think FSU have been the ones who have come off most poorly in all this - BY A COUNTRY MILE!
Florida State University, from tip to toe, has not acquitted itself very well at all throughout this process.
Their trustee chair, Andy Haggard came off as a complete imbecile who didn't know what the hell he was talking about when he was spouting off (incorrectly) about flaws in the ACC's contract that favored the North Carolina schools.
Their president looks like he has not shared a whole lot of information with the trustees that govern the university.
Their AD looks like he doesn't even know how to run his department financially; and for some reason, their idiotic coach decided to weigh in on the matter as well before quickly being forced to backtrack.
And the FSU fans have come across like a bunch of gullible goofballs who don't understand basic finance and who have been played by a bunch of spiteful WVU and scorned BE fans with an ax to grind against the ACC and who have continually manipulated them by throwing out vague and incomplete comparisons of financial apples to budgetary oranges.
Look girls, we'll tell you you're pretty too. Now step off the ledge and return to sanity.
All things considered, my opinion of FSU is FAR lower now than it was before this whole affair began and I am positive I am not alone. I don't think they are a very well run university and I'm not sure that most of their fans have fully functioning brains.
Also, does anyone else find it absolutely hilarious that Andy Haggard had the straight up ballz to dress down Randy Spetman for his role in the PR disaster that ensued?
Uh, hey Andy, who do you think was primarily responsible for most of that PR mess? My vote would be for the flaming jackarse who shot off his mouth on the record and before bothering to actually read the phucking contract and who said a lot of things that were flat out untrue and made his university look like a backwoods junior college.
In the always insightful words of Roseanne Roseannadanna: "Never mind".
Right actress, wrong character. That was Emily Litella's line...
(06-08-2012 12:49 PM)bitcruncher Wrote: I noticed FSU BOT Chairman Andy Haggard did not seek the office again. The decision on the new BOT Chair could be telling...
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FSU ACC Annual Payments Up More Than Expected
