USC vs Clemson money

Jun 27, 2012, 3:54 PM

There is quite a long thread about the $22 million dollar disparity between Clemson and USC athletic budgets. The problem is that it isn't true. Plyers blog doesn't link to any sources for his financial info. The fact is most articles attempting to compare these numbers are comparing apples and oranges. Detailed info is not easy to find and, even when you do, you still don't really know what is going on because you have no idea how each school is expensing, amortizing, or depreciating expenditures. The only real indicator you have is gross revenue. And with actual real, hard numbers here is what I can find.

http://southcarolina.rivals.com/content.asp?CID=1376042
The above source provides a detailed article of USC projected 2012 revenue. The grand total is $87.79 million dollars. This is roughly the number that I see thrown around every time that people say we are being left behind. Let's also remember that this is their number following the two most successful athletic years in their schools history.

I cannot find a readily available source for final fy 2011 or projected fy 2012 for Clemson. But what I did find is a great breakdown of our 2010 actual revenues : http://www.shakinthesouthland.com/2011/3/8/2032333/iptay-finances-and-cuad-budget-fy10
Clemson athletic revenue totaled $61.85 million. 2010 made roughly $25 million less than USC did in 2011. Please commence your Internet freak out.

If you're done, please look closely at the two numbers. Clemson does not include Iptay revenues in that number while south Carolina includes gamecock club numbers . Iptay earnings were $20 million. Raising our total revenue to $81.85 million in 2010 compared to their $87.79 million projected for 2012. $6 million is a far sight less than $22 million and if you adjust for increases in our revenue in 2011 probably even much closer.

If you disagree with these please provided some kind of basis. The business of college sports blog is not a valid reference. I'd love to see a 2012 projection for Clemson like the one USC issued but I don't have it and can't find one. Clemson has reason to be concerned about tv contracts and remaining financial competitive, but we are nowhere near being in the hole some people are portraying.

Message was edited by: viztiz®

Message was edited by: viztiz®

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USC vs Clemson money

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