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$1.9 million - boom outta here
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TIGERCITY Offline
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Post: #61
RE: $1.9 million - boom outta here
John Martin @JohnMartin929
No, the Memphis basketball program is not losing money, nor is it operating at a deficit. http://goo.gl/kFyqGD
05-25-2015 08:28 AM
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snowtiger Offline
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Post: #62
RE: $1.9 million - boom outta here
(05-25-2015 08:20 AM)2tigers Wrote:  
(05-24-2015 03:13 PM)450bench Wrote:  It's so funny to me that people judge fans of this or any program and then departmentalize them as they see fit to fit a personal agenda.
We are all here as big fans of the Tigers. Some attend all the games, some attend none and then there are those that fall somewhere in between. None are better or worse than any other. Some give a ton of money and some don't give any. Still doesn't make anyone a better fan than the other. Some here criticize those fans that live outside the area, which is ridiculous. They are still fans and that's a good thing. Then there are those who are critical of fans who don't like the way the basketball program is going because of this coach and they say they are fair weather fans or bad fans or not even real fans. All of that is complete and utter BS. It means, at least for me, that those people are bigger fans of the university and the program than fans of this coach. It is taking a stand for what you believe in, in tangible and/or intangible ways.

When these bigger fans as you call them, start giving up their season tickets. They are only hurting the program. Taking a stand about Pastner is fine but don't take down the program with it.

Program first above all else. Totally Agree.

Here's the hinky part: Some think that by withholding money they support the program. They believe if they stop buying tickets it will force those in charge to get a new head coach now. I suppose if enough people stopped buying tickets it would.

No matter what I think of a head coach, I don't wanna go that route. It's too 'out there'--kind of like cutting off your head to spite your face. But maybe those who decide to go that route are helpful in their own way.

This is probably gonna piss some folks off royally...lol. But there are some folks whose only purpose in life is to serve as an example of what not to do. 03-lmfao But, hey... that's a good purpose.
(This post was last modified: 05-25-2015 11:09 AM by snowtiger.)
05-25-2015 11:08 AM
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MemTiger90 Offline
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Post: #63
RE: $1.9 million - boom outta here
(05-25-2015 08:28 AM)TIGERCITY Wrote:  John Martin @JohnMartin929
No, the Memphis basketball program is not losing money, nor is it operating at a deficit. http://goo.gl/kFyqGD

It depends on how you look at it. Are we losing money/in a deficit? No. But did we drop almost 2 million in revenue from what last year's total revenue was? Yes.
05-25-2015 11:12 AM
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HoopDreams Offline
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Post: #64
RE: $1.9 million - boom outta here
It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.
05-27-2015 08:33 AM
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Stammers Offline
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Post: #65
RE: $1.9 million - boom outta here
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.
05-27-2015 09:38 AM
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HoopDreams Offline
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Post: #66
RE: $1.9 million - boom outta here
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

Point being, everyone knew they were going to come in with less money than the year before based on dwindling attendance. So, while they still made a profit, it was almost $2 million less than the year before, which is substantial enough to raise eyebrows.

Argue semantics all you want.
05-27-2015 09:45 AM
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HoopDreams Offline
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Post: #67
RE: $1.9 million - boom outta here
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

And yes - there was a loss of money.

Most businesses base their budgets on the previous year, so coming in at nearly $2 million less than the year before would be seen as a loss of money.

You can both turn a profit yet still see a loss of money, amigo.

NEXT
(This post was last modified: 05-27-2015 09:47 AM by HoopDreams.)
05-27-2015 09:46 AM
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Stammers Offline
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Post: #68
RE: $1.9 million - boom outta here
(05-27-2015 09:46 AM)HoopDreams Wrote:  
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

And yes - there was a loss of money.

Most businesses base their budgets on the previous year, so coming in at nearly $2 million less than the year before would be seen as a loss of money.

You can both turn a profit yet still see a loss of money, amigo.

NEXT

The program made money. It did NOT lose money. It made less profit. Again, I am certain that the concept is too complicated for you to grasp.

#runrabbitrun
05-27-2015 10:19 AM
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HoopDreams Offline
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Post: #69
RE: $1.9 million - boom outta here
(05-27-2015 10:19 AM)Stammers Wrote:  
(05-27-2015 09:46 AM)HoopDreams Wrote:  
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

And yes - there was a loss of money.

Most businesses base their budgets on the previous year, so coming in at nearly $2 million less than the year before would be seen as a loss of money.

You can both turn a profit yet still see a loss of money, amigo.

NEXT

The program made money. It did NOT lose money. It made less profit. Again, I am certain that the concept is too complicated for you to grasp.

#runrabbitrun

You just repeated what I said.

Less profit is seen as loss of money for any company that wants to survive in the real world, amigo.

LOL - go tell a CEO that he didn't lose money, just made less revenue. Good luck.

The complicated concept is on your end - "Loss of money" is not the same as "Losing money".

NEXT
(This post was last modified: 05-27-2015 10:26 AM by HoopDreams.)
05-27-2015 10:23 AM
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Stammers Offline
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Post: #70
RE: $1.9 million - boom outta here
(05-27-2015 10:23 AM)HoopDreams Wrote:  
(05-27-2015 10:19 AM)Stammers Wrote:  
(05-27-2015 09:46 AM)HoopDreams Wrote:  
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

And yes - there was a loss of money.

Most businesses base their budgets on the previous year, so coming in at nearly $2 million less than the year before would be seen as a loss of money.

You can both turn a profit yet still see a loss of money, amigo.

NEXT

The program made money. It did NOT lose money. It made less profit. Again, I am certain that the concept is too complicated for you to grasp.

#runrabbitrun

You just repeated what I said.

Less profit is seen as loss of money for any company that wants to survive in the real world, amigo.

LOL - go tell a CEO that he didn't lose money, just made less revenue. Good luck.

The complicated concept is on your end - "Loss of money" is not the same as "Losing money".

NEXT

Quote:HoopDreams Wrote:
@geoff_calkins: WHAT? According to story by @phil_stukenborg the Memphis basketball program lost $1.9 million in 2014 fiscal year.
Sounds about Right, anyone need any more salt?04-cheers

I can't simplify it any more for you. A company that turns a profit does not say that it lost money. That would be untrue and more than a little bit stupid. Continue to be confused...and contradict yourself.

NEXT.
(This post was last modified: 05-27-2015 10:34 AM by Stammers.)
05-27-2015 10:33 AM
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HoopDreams Offline
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Post: #71
RE: $1.9 million - boom outta here
I didn't say they lost money. Calkins did, amigo.

There was however a loss of money (revenue) of almost $2 million from the year before.

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05-27-2015 10:40 AM
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oruvoice Offline
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Post: #72
RE: $1.9 million - boom outta here
(05-24-2015 08:11 PM)k2tigers Wrote:  
(05-24-2015 07:20 PM)bengltgrs Wrote:  
(05-24-2015 04:14 PM)Strat57 Wrote:  
(05-23-2015 09:54 PM)MtownTigers916 Wrote:  If season tickets were stocks, the Grizzlies would be prime to sell and Tiger basketball would be a buy.

The Grizz peaked this year and I see some rough years ahead. Meanwhile I think the Tigers have nowhere to go but up.

Probably would be a great year to lock down season tix

If Gasol leaves, watch the franchise start the slow decline back to the middle of the pack.

I wonder if the Griz fans would support a bottom feeder. It takes years for some teams to recover and some never do.

In case you haven't noticed, the Greater Memphis Metro Area has 100% embraced the local PRO FRANCHISE.

And all the little kids with the pumped up kicks too

I find it amazing that the anti-Grizz folks are older, football first types.

SORRY......

If Memphis has ANY chance at getting a seat at the "big boy" table, it would behoove EVERYONE to become a "football first" type.
05-27-2015 11:10 AM
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Stammers Offline
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Post: #73
RE: $1.9 million - boom outta here
(05-27-2015 11:10 AM)oruvoice Wrote:  
(05-24-2015 08:11 PM)k2tigers Wrote:  
(05-24-2015 07:20 PM)bengltgrs Wrote:  
(05-24-2015 04:14 PM)Strat57 Wrote:  
(05-23-2015 09:54 PM)MtownTigers916 Wrote:  If season tickets were stocks, the Grizzlies would be prime to sell and Tiger basketball would be a buy.

The Grizz peaked this year and I see some rough years ahead. Meanwhile I think the Tigers have nowhere to go but up.

Probably would be a great year to lock down season tix

If Gasol leaves, watch the franchise start the slow decline back to the middle of the pack.

I wonder if the Griz fans would support a bottom feeder. It takes years for some teams to recover and some never do.

In case you haven't noticed, the Greater Memphis Metro Area has 100% embraced the local PRO FRANCHISE.

And all the little kids with the pumped up kicks too

I find it amazing that the anti-Grizz folks are older, football first types.

SORRY......

If Memphis has ANY chance at getting a seat at the "big boy" table, it would behoove EVERYONE to become a "football first" type.

The only way to do it will be by getting into the Big 12. Let's say attendance increases by 8,000 per game to 42,000. 48,000 extra tickets at an average price of $10 only puts a little more than 500k into the coffers.

Pretty sobering, when you consider that we are a full $12 million behind the ACC and even farther behind the Big 10, Big 12, PAC 12 and $SEC in terms of TV revenue.
05-27-2015 11:15 AM
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wylioats Offline
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Post: #74
RE: $1.9 million - boom outta here
(05-24-2015 08:11 PM)k2tigers Wrote:  
(05-24-2015 07:20 PM)bengltgrs Wrote:  
(05-24-2015 04:14 PM)Strat57 Wrote:  
(05-23-2015 09:54 PM)MtownTigers916 Wrote:  If season tickets were stocks, the Grizzlies would be prime to sell and Tiger basketball would be a buy.

The Grizz peaked this year and I see some rough years ahead. Meanwhile I think the Tigers have nowhere to go but up.

Probably would be a great year to lock down season tix

If Gasol leaves, watch the franchise start the slow decline back to the middle of the pack.

I wonder if the Griz fans would support a bottom feeder. It takes years for some teams to recover and some never do.

In case you haven't noticed, the Greater Memphis Metro Area has 100% embraced the local PRO FRANCHISE.

And all the little kids with the pumped up kicks too

I find it amazing that the anti-Grizz folks are older, football first types.

SORRY......

Yep, damn those older, football first types, they're bad Grizzlies fans and are ruining the Grizzly program. Your same retort with each post about those who don't support the Grizzlies. How bout those football first types (using your words) who support everything Memphis Tigers and just don't care for the NBA product. Personally I think those who support the Grizzlies and Tigers both is fine, it's their choice. I also think that those who support the Grizzlies and not the Tigers, is also fine and also is their choice. And those older, football first types (as you put it) who choose to only support Tiger athletics and not the Grizzlies, well, that's also fine, it's also their choice. It's about choices, not about criticizing people who don't agree with what you think....SORRY.
05-27-2015 11:25 AM
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TIGER DENO Offline
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Post: #75
RE: $1.9 million - boom outta here
(05-22-2015 10:10 PM)TigerBabbler Wrote:  LOL....No more bashing...just GONE.... from FedEx and Tiger contributions.

Planning on Booking games at other schools to tickle my COLLEGE arena fix....I know 7 couples from my section C that didn't NOT renew the deadline on May 15. I've been season ticket holder since 2007 and those same couples where there longer since opening of Fedex.

Money is just too hard to earn to give it away on apathy and excuses...Administration dragging their feet on change....so no more bashing...watching good games on tv

It should make it easier now for me to get good season tickets nowCOGS
05-27-2015 11:42 AM
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TIGER DENO Offline
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Post: #76
RE: $1.9 million - boom outta here
(05-23-2015 03:45 PM)450bench Wrote:  
(05-23-2015 03:38 PM)Sundanceuiuc Wrote:  Win big, solve all problems.

25+ wins and a S16 berth?

- Extension with pay raise likely
- Fans off back, in fact fans BEGGING him to stay (lifetime contract, first born, etc, etc)
- Recruiting goes up, making it easier to duplicate said S16
- Donation boost, leading to better facilities and assistant pay, leading to more wins.

Do that? Pastner will be golden and own Memphis on any terms he chooses.

Honestly, it's not ALL about wins anymore. It's about the culture and all the other curiously strange things that have gone on here under this coach's tenure. He's not the guy for the job here. Personally I think Josh has no chance of winning a large portion of hardcore fans back. None. That presents a huge problem.

Hardcore LOL . Sweet sixteen - elite 8 and HARDCORE fans still on the outs . Hardhead better suits that type of fan . JMO
05-27-2015 11:50 AM
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450bench Offline
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Post: #77
RE: $1.9 million - boom outta here
(05-27-2015 11:50 AM)TIGER DENO Wrote:  
(05-23-2015 03:45 PM)450bench Wrote:  
(05-23-2015 03:38 PM)Sundanceuiuc Wrote:  Win big, solve all problems.

25+ wins and a S16 berth?

- Extension with pay raise likely
- Fans off back, in fact fans BEGGING him to stay (lifetime contract, first born, etc, etc)
- Recruiting goes up, making it easier to duplicate said S16
- Donation boost, leading to better facilities and assistant pay, leading to more wins.

Do that? Pastner will be golden and own Memphis on any terms he chooses.

Honestly, it's not ALL about wins anymore. It's about the culture and all the other curiously strange things that have gone on here under this coach's tenure. He's not the guy for the job here. Personally I think Josh has no chance of winning a large portion of hardcore fans back. None. That presents a huge problem.

Hardcore LOL . Sweet sixteen - elite 8 and HARDCORE fans still on the outs . Hardhead better suits that type of fan . JMO

Once Josh is gone, things get back to normal.
05-27-2015 12:07 PM
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3601 Offline
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Post: #78
RE: $1.9 million - boom outta here
(05-27-2015 09:45 AM)HoopDreams Wrote:  
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

Point being, everyone knew they were going to come in with less money than the year before based on dwindling attendance. So, while they still made a profit, it was almost $2 million less than the year before, which is substantial enough to raise eyebrows.

Argue semantics all you want.

Did either one of y'all even attend a game? Be honest, HoopDreams.
(This post was last modified: 05-27-2015 12:38 PM by 3601.)
05-27-2015 12:38 PM
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oruvoice Offline
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Post: #79
RE: $1.9 million - boom outta here
(05-27-2015 12:07 PM)450bench Wrote:  
(05-27-2015 11:50 AM)TIGER DENO Wrote:  
(05-23-2015 03:45 PM)450bench Wrote:  
(05-23-2015 03:38 PM)Sundanceuiuc Wrote:  Win big, solve all problems.

25+ wins and a S16 berth?

- Extension with pay raise likely
- Fans off back, in fact fans BEGGING him to stay (lifetime contract, first born, etc, etc)
- Recruiting goes up, making it easier to duplicate said S16
- Donation boost, leading to better facilities and assistant pay, leading to more wins.

Do that? Pastner will be golden and own Memphis on any terms he chooses.

Honestly, it's not ALL about wins anymore. It's about the culture and all the other curiously strange things that have gone on here under this coach's tenure. He's not the guy for the job here. Personally I think Josh has no chance of winning a large portion of hardcore fans back. None. That presents a huge problem.

Hardcore LOL . Sweet sixteen - elite 8 and HARDCORE fans still on the outs . Hardhead better suits that type of fan . JMO

Once Josh is gone, things get back to normal.

You do realize that there are LOTS of coaches that could do a LOT worse than Josh, right?

The next guy might lead us to the promised land. And, the next guy may put us in the bottom half of the conference, below .500.

Careful what you wish for...
05-27-2015 01:13 PM
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Stammers Offline
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Post: #80
RE: $1.9 million - boom outta here
(05-27-2015 12:38 PM)3601 Wrote:  
(05-27-2015 09:45 AM)HoopDreams Wrote:  
(05-27-2015 09:38 AM)Stammers Wrote:  
(05-27-2015 08:33 AM)HoopDreams Wrote:  It is what it is.

Can't believe folks are trying to debate it - it was known there would be a loss of money when they were losing attendance middle of the year last year.

You can't believe it? Maybe because you don't understand what actually happened. There wasn't a loss of money; there was less revenue. The basketball program didn't lose money.

Point being, everyone knew they were going to come in with less money than the year before based on dwindling attendance. So, while they still made a profit, it was almost $2 million less than the year before, which is substantial enough to raise eyebrows.

Argue semantics all you want.

Did either one of y'all even attend a game? Be honest, HoopDreams.

Technically, no, but I have 8 season tickets for football.
05-27-2015 01:17 PM
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