SoCalBobcat78
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RE: Chicaga State new coach...
(04-22-2018 03:34 PM)Stugray2 Wrote: Chicago State needs the revenue to pay for other sports. Almost all the funding is from student fees and tuition, and with declining enrollment they will have to work with about 300-400K less in 2018-19 than 2017-18. They are obviously hoping to shave a few thousand off the new women's coach from the $100K they paid the prior one.
There is no "extra" money to pay a head MBB Coach, unless you are talking about transferring more money from the school to the athletic program.
BTW, that "revenue" includes institutional transfers. USAToday at least gives a break down on source
Code:
Year Ticket Sales Contributions Rights/Licensing Student Fees School Funds Other Total Revenues
2016 $2,865 $0 $140,000 $1,645,600 $4,998,965 $709,500 $7,496,930
2015 $15,434 $0 $140,716 $1,280,820 $4,521,653 $460,219 $6,418,842
2014 (no data)
2013 $9,060 $0 $0 $1,754,302 $4,474,183 $380,000 $6,617,545
First, the budget in 2016-2017 was during the Illinois State budget crisis. When that ended in the summer of 2017, Chicago State got $23 million they were owed plus their 2017-2018 budget of $35 million from the state. The basketball budget was probably higher in 2017 -2018 than it was in 2016-2017 because they got all of their funding plus $23 million.
Second, Dildy was paid $140,000 to coach basketball. Getting to $175,000 is not that hard. The $140,000 to $175,000 number is in line with other D1 programs in the state.
What is your point, Stu? That Chicago State should not have an athletic program? Because that ship sailed a long time ago when the school decided to go D1 and the State of Illinois decided to take $38 million in state funding and build Chicago State a new campus arena.
D1 men's basketball is the one sport at Chicago State that brings in revenue, so investing $175,000 in a head coach is a small investment to make in a basketball program that brings in revenue from money games and their WAC share of NCAA tournament revenue.
The enrollment issue will either improve or not. That is an issue for Chicago State and the State of Illinois to deal with. As a WAC fan, I want Chicago State to improve their RPI in basketball and baseball. Their RPI is killing the WAC in those sports. If they can't become competitive, then they need to leave the WAC.
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