Football Budget

[MangoZip]

Pretty much confirming what we already knew, but embarrassing to be below several FCS schools as well. We have the same budget as Stony Brook?!

Edited Friday at 05:59 PM by MangoZip

[AkronAlumnus]

It’s a shame, because they deserve better.  I also think they’re going to surprise a lot of people this year.  I’m probably in the extreme minority here — maybe even alone — but I think football takes a sizable step forward this season while hoops takes a step back.

 

QB1 and the entire offense really is going to make some noise this year. 

Edited Friday at 06:04 PM by AkronAlumnus

[72 Roo]

You are not in the extreme minority. This team is slowly rebuilding with the biggest jump at QB. 6-6 is definitely within their grasp and 7-5 is possible, but not probable.

 

Regards the football budget, I am not worried. Goodrich and Pottorff know it is low and they are working to add to it while suffering the cuts the university has mandated to right its financial situation. Both will be resolved over time. As mentioned in another post today we are a program that competes well in most every sport. Baseball would have been a top competitor had they not lost their top three pitchers this season, all of whom will be back.

[Blue & Gold]

16 hours ago, AkronAlumnus said:

It’s a shame, because they deserve better.  I also think they’re going to surprise a lot of people this year.  I’m probably in the extreme minority here — maybe even alone — but I think football takes a sizable step forward this season while hoops takes a step back.

 

QB1 and the entire offense really is going to make some noise this year. 

Now I like your post 😅

[exit322]

2 hours ago, Blue & Gold said:

Now I like your post 😅

Eh basketball can take a step back and still win the MAC

[kreed5120]

These numbers don't factor in the $4.5-$5 million annually that Akron spends financing Infocision. To put it in basic terms the program is essentially house poor.

 

We're spending pretty much the same as other MAC programs, but a huge chunk of that is tied up in facility costs. Other MAC programs are instead able to spend that money on coaches, players, training tables, etc. They're able to get more value out of their dollars because they spent them more efficiently.

[exit322]

11 hours ago, kreed5120 said:

These numbers don't factor in the $4.5-$5 million annually that Akron spends financing Infocision. To put it in basic terms the program is essentially house poor.

 

We're spending pretty much the same as other MAC programs, but a huge chunk of that is tied up in facility costs. Other MAC programs are instead able to spend that money on coaches, players, training tables, etc. They're able to get more value out of their dollars because they spent them more efficiently.

How much longer is that payment?

[kreed5120]

8 minutes ago, exit322 said:

How much longer is that payment?

 

I honestly don't know how many years are left on the issued bonds.

[exit322]

46 minutes ago, kreed5120 said:

 

I honestly don't know how many years are left on the issued bonds.

Given the stadium cost and the annual payment, you'd have to think they're about a 20-year bond.  So in theory if they were issued when the stadium opened, maybe it's close to done...