Grambling State Paid $575,000 for the Arizona Game

[Lenard]

96, does this help to put somethings in prospective?

"The benefits to Prairie View are significant. The university made more money off Saturday’s game than it made off all ticket revenue generated by all sports during the 2014-15 school year, according to the school’s most recent NCAA financial report. The revenue will probably be enough to pay all the combined expenses of the women’s golf team and volleyball team this year, if spending for those teams is similar to that year."

https://www.texastribune.org/2016/09/13/how-prairie-view-essentially-got-paid-450000-lose-/

I was trying not to post the snippets in that article along w/ Mr Robinson's exit strategy for 2017 all d-1 fcs sched (for now).

 

[96lioness]

96, does this help to put somethings in prospective?

"The benefits to Prairie View are significant. The university made more money off Saturday’s game than it made off all ticket revenue generated by all sports during the 2014-15 school year, according to the school’s most recent NCAA financial report. The revenue will probably be enough to pay all the combined expenses of the women’s golf team and volleyball team this year, if spending for those teams is similar to that year."

https://www.texastribune.org/2016/09/13/how-prairie-view-essentially-got-paid-450000-lose-/

When you bring in the past years, yes, it makes a little more sense......but only a little. Please excuse me, I really don't possess business ethics at all.

But I did read that article and I found this interesting:


Texas A&M University got a 67-0 win when it played Prairie View A&M University in football last weekend.

Prairie View A&M got $450,000.

That kind of arrangement may be startling to non-fans, but the two teams were participating in what has become a September tradition in college football: A big school schedules a small school for a home game, promising itself an easy win and millions of dollars in ticket and concessions revenue. The smaller school gets cash in return, which is often in short supply in mid-major sports.

The matchups are known as “guarantee” games because the schools sign contracts guaranteeing payments years in advance. But lately, because of competitive pressures and conference rules, many big schools have shown less interest in those matchups. That has created concerns among the smaller schools that they could lose one of their most reliable sources of money.

“I think it will hurt some programs a lot when it comes to revenue,” Prairie View Athletic Director Ashley Robinson said.



I know PVAMU is under the Texas A&M system; so basically, as the Texas A&M chancellor said, PVAMU got money from the family (and absolutely nothing wrong with that). I think this article is what Bighead is saying, and I agree that we (HBCUs) need to start thinking of some other ideas. The article goes on to say that 5 colleges in Texas have "earned more money from guarantees than they did from home game ticket sales". The article was also sure to include that 2 of those 5 schools (PVAMU & TXSU) "more money from guarantees than any other athletics revenue source, NOT COUNTING STUDENT FEES."