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Tribe32 Offline
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Post: #61
RE: All Athletic Activities have been suspended due to COVID-19
(04-16-2020 06:05 AM)bubbadog57 Wrote:  One of the underlying worries all college football programs have is that, even with the resumption of football and with the strong possibility that the virus will still be taking lives and getting people ill, many older (50+) season ticket holders that currently support the bulk of season ticket sales, will not want to risk crowds in a stadium or arena and opt out of buying. For example---and it's true
for every college---many of our W&M season ticket holders are over 50.

A good point, but it extends far past this. Think about the groups who are vulnerable to the virus. That includes little kids too. Bouncy house isn't so fun when you can catch the virus and then take it to preschool or first grade. Outside of William and Mary, think about extended families. 20 and 30 somethings can't go to a game and bring it home to grandpa. Sports with live attendance is going to be a no go for a while. That means no high school football in many areas this fall, and unlike college, it won't be rescheduled until the Spring. It will be lost.
04-16-2020 06:16 AM
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nogretheogre Offline
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Post: #62
RE: All Athletic Activities have been suspended due to COVID-19
This would be a great time in history to just cryogenically freeze oneself and wake up when there is a vaccine. Life will be mostly a standstill until then.

This will hopefully be a wakeup call for the future...not just future pandemics. With rising seas (whatever the cause), economies and global health are also at risk worldwide. We need to start planning in earnest to avoid these catastrophes.
04-16-2020 07:15 AM
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mrjoolius Online
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RE: All Athletic Activities have been suspended due to COVID-19
(04-16-2020 07:15 AM)nogretheogre Wrote:  This will hopefully be a wakeup call for the future...not just future pandemics. With rising seas (whatever the cause), economies and global health are also at risk worldwide. We need to start planning in earnest to avoid these catastrophes.

The troubling part is I watched a 60 minutes news story from 2005 featuring a much younger Dr Fauci talking of the dangers of a coming pandemic and how it would strain the world both financially and in casualties. It talked about all the planning and billions being spent to prepare. I'm guessing emergency events- hurricanes, fires, etc over the last decade bled those resources and focus away from the original plan. Perhaps having the pandemic actually touch so many American lives will keep the resources in place going forward.
04-16-2020 09:08 AM
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nj alum Offline
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RE: All Athletic Activities have been suspended due to COVID-19
This last month has been very informative re: the issue of food supply logistics.

I think all levels of government dropped the ball in terms of not informing the American people about food supply logistics, and the need to keep feeding yourself the same way (take out instead of sitting at a table at the same restaurant).

Of all the issues, this one should have been the easiest to address.
04-16-2020 10:15 AM
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RE: All Athletic Activities have been suspended due to COVID-19
(04-04-2020 05:55 AM)mrjoolius Wrote:  ODU - the move-to-FBS cautionary tale
https://www.pilotonline.com/sports/colle...story.html

Harrisonburg paper makes it look like ODU and JMU are dating during the pandemic.
04-17-2020 07:15 PM
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Tribal Offline
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All Athletic Activities have been suspended due to COVID-19
Joining Conference USA, which ODU did in 2013, has cost the school “a minimum of $2 million annually.”

C-USA, which is based near Dallas and has teams as far west as El Paso, Texas, estimates it will give $1 million less to member institutions this year than in years past.

Conference membership decisions need to be made” to reduce travel expenses and missed class time while generating more fan interest in the form of ticket sales.


Remember ODU, GA State, and JMU fans dumping on the FCS and CAA? Now, the Group of 5 is begging the NCAA to relax requirements. They can't sustain.

The Group of Five has taken what Georgia State athletic director Charlie Cobb calls the “preemptive” measure of asking the NCAA for “temporary relief” of up to four years “from several regulatory requirements.” These include scholarship minimums, home-attendance minimums and scheduling minimums. As is, you can’t be an FBS school if you fail to meet any of the above. 

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04-17-2020 07:42 PM
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Tribal Offline
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All Athletic Activities have been suspended due to COVID-19
I don't think sailing and rowing count against ODU's numbers...probably considered club or something.

Our additional sports are:
Men's XC
Women's XC
Women's Golf
Men's Gymnastics
Women's Gymnastics
Men's T&F
Women's T&F



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04-17-2020 08:35 PM
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Tribal Offline
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All Athletic Activities have been suspended due to COVID-19
Urbana, a Mountain East Conf D2 school in Ohio, is shutting down. Not just football...not just the athletics department...the entire university.
This isn't a fly-by-night school - it was founded in 1850.
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(This post was last modified: 04-22-2020 08:05 AM by Tribal.)
04-22-2020 08:01 AM
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wml33t Offline
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RE: All Athletic Activities have been suspended due to COVID-19
(04-22-2020 08:01 AM)Tribal Wrote:  Urbana, a Mountain East Conf D2 school in Ohio, is shutting down. Not just football...not just the athletics department...the entire university.
This isn't a fly-by-night school - it was founded in 1850.
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I guess we shouldn't be surprised this would happen, but man.

I will say, based on a quick Googling.. enrollment is 1,500. So a school like that is bound to be more susceptible.
04-22-2020 09:58 AM
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RE: All Athletic Activities have been suspended due to COVID-19
(04-22-2020 09:58 AM)wml33t Wrote:  
(04-22-2020 08:01 AM)Tribal Wrote:  Urbana, a Mountain East Conf D2 school in Ohio, is shutting down. Not just football...not just the athletics department...the entire university.
This isn't a fly-by-night school - it was founded in 1850.
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I guess we shouldn't be surprised this would happen, but man.

I will say, based on a quick Googling.. enrollment is 1,500. So a school like that is bound to be more susceptible.

They've been circling the drain for a while. 27% 6 year graduation rate, and they almost went under in 2014 but Franklin University bought them to use as a branch campus.
04-22-2020 10:47 AM
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Tribal Offline
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All Athletic Activities have been suspended due to COVID-19
https://www.wm.edu/news/announcements/20...hp#april24



A challenging financial outlook
William & Mary faces considerable financial impact now as a result of the pandemic. Currently, we project losses ranging from $13 million to $32 million through August 2020. These figures stem from lost revenue (study abroad, summer programs, athletics, housing, dining and parking) and new, unanticipated expenses (for software and technology needed to move learning to remote delivery, facilitate faculty and staff working at a distance, increased costs related to facilities cleaning and supplies, as well as emergency support for students in need).


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04-24-2020 05:03 PM
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soccerguy315 Offline
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RE: All Athletic Activities have been suspended due to COVID-19
hasn't W&M raised a billion dollars over the last 10 years? give or take?
04-24-2020 05:27 PM
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RE: All Athletic Activities have been suspended due to COVID-19
(04-24-2020 05:27 PM)soccerguy315 Wrote:  hasn't W&M raised a billion dollars over the last 10 years? give or take?

So the issue is endowment money isn't sitting in a big pile of cash, a lot of it is tied up in capital projects or in investments - interest off the endowment is also a huge source of revenue for a college. Not only will our investments not earn money right now, they'll actively be losing money. W&M will be fine from this, albeit worse for the wear, but the school is going to be hesitant to dip into the endowment.
04-24-2020 08:23 PM
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TribeFan1983 Offline
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RE: All Athletic Activities have been suspended due to COVID-19
(04-24-2020 08:23 PM)TDenverFan Wrote:  
(04-24-2020 05:27 PM)soccerguy315 Wrote:  hasn't W&M raised a billion dollars over the last 10 years? give or take?

So the issue is endowment money isn't sitting in a big pile of cash, a lot of it is tied up in capital projects or in investments - interest off the endowment is also a huge source of revenue for a college. Not only will our investments not earn money right now, they'll actively be losing money. W&M will be fine from this, albeit worse for the wear, but the school is going to be hesitant to dip into the endowment.

W&M's endowment is just over $1 billion. Now is the time to dip into it and help the graduating seniors as they face this unprecedented adversity.W&M forced those students out of their dorms on very little notice. We then required them to complete their education online. Those kids are now stuck at home, unable to look for a job or otherwise start their lives. They probably are wondering why their parents spent so much time and money on a W&M degree. When the lockdown eases, W&M should give each graduating senior a stipend for a few months to help them get their lives on track. That rebate would send a strong message that we're behind our grads, when they need it most.
04-24-2020 10:32 PM
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TDenverFan Online
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RE: All Athletic Activities have been suspended due to COVID-19
(04-24-2020 10:32 PM)TribeFan1983 Wrote:  
(04-24-2020 08:23 PM)TDenverFan Wrote:  
(04-24-2020 05:27 PM)soccerguy315 Wrote:  hasn't W&M raised a billion dollars over the last 10 years? give or take?

So the issue is endowment money isn't sitting in a big pile of cash, a lot of it is tied up in capital projects or in investments - interest off the endowment is also a huge source of revenue for a college. Not only will our investments not earn money right now, they'll actively be losing money. W&M will be fine from this, albeit worse for the wear, but the school is going to be hesitant to dip into the endowment.

W&M's endowment is just over $1 billion. Now is the time to dip into it and help the graduating seniors as they face this unprecedented adversity.W&M forced those students out of their dorms on very little notice. We then required them to complete their education online. Those kids are now stuck at home, unable to look for a job or otherwise start their lives. They probably are wondering why their parents spent so much time and money on a W&M degree. When the lockdown eases, W&M should give each graduating senior a stipend for a few months to help them get their lives on track. That rebate would send a strong message that we're behind our grads, when they need it most.

We gave students like a month to leave campus, other schools gave like a week. I don't disagree with your post for the most part (Though I think a stipend is a little much, I have friends who are graduating who have found jobs since this crisis started, it's not like people are no longer able to apply to places), I'm just saying that the endowment isn't unflappable
04-25-2020 12:01 AM
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bubbadog57 Offline
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RE: All Athletic Activities have been suspended due to COVID-19
Almost every college is going through this, not just W&M.

Most of our endowment funds are directed at student scholarship support and, as already correctly pointed out,invested and not to be used for
this kind of state-supported funds shortfall. In case you haven't heard, the state of Virginia, facing huge budget shortfalls (as is every state)
rightly put the axe to their budget for the next fiscal year in a special, one day meeting last week. This included chopping all the extra funds
allocated to W&M (and all the other state universities), some 35-40 million dollars.

They also drew back raises and bonuses for all state employees, including all public school teachers kindergarten through high school.

The reason is obvious: with the stunning, sudden unemployment and revenue from businesses state budget tax revenues in every state are way below $$$ expectations for the next fiscal year budgets.

I would also expect to see major cuts in athletic budgets across the nation and every conference...whether its Ohio State, William & Mary, or Swarthmore College...with perhaps no sports or a few solitary sports (golf, tennis, x-country) where there are no spectators and athletes can
be kept six feet apart (in x-country, for example, individual runners might go out to run by themselves on a course and their times amalgamated together to figure out a team and race winner). If the latter sounds extreme it came from the University of Michigan!

Most colleges, even if there were to be fb and bb, now expect most people...as long as the virus is with us....to forego going to big crowd events
and most vulnerable 50+ year olds (who also are the majority of season ticket purchasers) to not attend and crowd events or places.

We are in tough times for sure.
04-25-2020 05:54 AM
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Post: #77
RE: All Athletic Activities have been suspended due to COVID-19
(04-25-2020 05:54 AM)bubbadog57 Wrote:  Almost every college is going through this, not just W&M.

Most of our endowment funds are directed at student scholarship support and, as already correctly pointed out,invested and not to be used for
this kind of state-supported funds shortfall. In case you haven't heard, the state of Virginia, facing huge budget shortfalls (as is every state)
rightly put the axe to their budget for the next fiscal year in a special, one day meeting last week. This included chopping all the extra funds
allocated to W&M (and all the other state universities), some 35-40 million dollars.

They also drew back raises and bonuses for all state employees, including all public school teachers kindergarten through high school.

The reason is obvious: with the stunning, sudden unemployment and revenue from businesses state budget tax revenues in every state are way below $$$ expectations for the next fiscal year budgets.

I would also expect to see major cuts in athletic budgets across the nation and every conference...whether its Ohio State, William & Mary, or Swarthmore College...with perhaps no sports or a few solitary sports (golf, tennis, x-country) where there are no spectators and athletes can
be kept six feet apart (in x-country, for example, individual runners might go out to run by themselves on a course and their times amalgamated together to figure out a team and race winner). If the latter sounds extreme it came from the University of Michigan!

Most colleges, even if there were to be fb and bb, now expect most people...as long as the virus is with us....to forego going to big crowd events
and most vulnerable 50+ year olds (who also are the majority of season ticket purchasers) to not attend and crowd events or places.

We are in tough times for sure.

https://www.insidehighered.com/news/2020...epartments

Per above and other news articles on this topic, the attractiveness of different contemplated athletic budget "adjustments" falls into the "where you stand depends on where you sit" category. Personally, I found quotes of CEO of Knight Commission in above article to be compelling. Others will certainly differ.

The 20-21 academic year will be huge challenge. Those schools and athletic departments that can successfully bridge to following year will land on their feet. It strikes me that having a one page vision for 21-22 that donors can comprehend and embrace might net unexpected results, even in an economic downturn.

Asking for contributions to save a watered down version of existing strategy and competitive structure may not capture many imaginations.

Proposing that the College is leading an effort to organize a mid-Atlantic/southern Ivy League composed of like minded, similar sized, geographically compact institutions dedicated to amateurism, academic integrity, and athletic excellence, less dependent on student activity fees, is an idea that might loosen some wallets and pocket books. There could be others.
04-25-2020 09:37 AM
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Tribe32 Offline
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RE: All Athletic Activities have been suspended due to COVID-19
One thing I will say about this is very simply, if I can't go to the games due to covid, I certainly don't want to pay for that FLO nonsense.
04-25-2020 10:18 AM
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nogretheogre Offline
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RE: All Athletic Activities have been suspended due to COVID-19
(04-25-2020 10:18 AM)Tribe32 Wrote:  One thing I will say about this is very simply, if I can't go to the games due to covid, I certainly don't want to pay for that FLO nonsense.

Pretty sure Flosports will be going bankrupt if there is no content to sell to advertisers this year.
04-25-2020 11:43 AM
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Tribe32 Offline
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RE: All Athletic Activities have been suspended due to COVID-19
(04-25-2020 11:43 AM)nogretheogre Wrote:  
(04-25-2020 10:18 AM)Tribe32 Wrote:  One thing I will say about this is very simply, if I can't go to the games due to covid, I certainly don't want to pay for that FLO nonsense.

Pretty sure Flosports will be going bankrupt if there is no content to sell to advertisers this year.

That's my assumption too.
04-25-2020 12:01 PM
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