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FAU loses 832K on basketball...

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Got this from the belt board:

http://money.cnn.com/2010/03/18/news/com...2010031807

Belt schools:

School - Income - Expenses

Denver $2,266,909 - $2,266,909
Western kentucky - $2,048619 - $2,048,619
South Alabama - $1,589,030 - $1,589,030
North Texas - $1,447,428 - $1,447,428
Middle Tennessee - $1,327,404 - $1,327,404
Florida International - $1,225,261 - $1,688,985
Louisiana-lafayette - $1,147,914 - $1,147,914
UALR - $1,164,873 - $1,459,764
Arkansas State $1,018,359 - $1,018,359
Troy - $937,765 - $865,175
ULM - $789,156 - $789,156
FAU $327,979 - $1,160,222

Im sure it has to do with the way things are done on the accounting end, especially with so many schools "breaking" even.

Still thats a scary number.

I have come here to chew bubble gum and kick @$$ and I'm out of bubble gum.

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Re: FAU loses 832K on basketball...

And how is our "income" so much lower than EVERYONE elses? I know our attendance is at the low end but, less than half the next program and 1/7 Denvers???
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Re: FAU loses 832K on basketball...

Like Owlfamily said, every school's accounting is different.  For example, FIU's attendance is lower then ours and their ticket prices were lower, and yet they had an income of $1.2 million?  I'm sure it has to do with how much of the student fees are distributed throughout the athletic department.   
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Re: FAU loses 832K on basketball...

FAU loses 832K on basketball...

Guarantee games…

Want to see real "losing", need to look outside of men's basketball…
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Re: FAU loses 832K on basketball...

and people complain that they can't use their student ID from 5 years ago to get into the game for free???
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Re: FAU loses 832K on basketball...

TeamBeer said

and people complain that they can't use their student ID from 5 years ago to get into the game for free???

:D
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Re: FAU loses 832K on basketball...

TeamBeer said

and people complain that they can't use their student ID from 5 years ago to get into the game for free???

I dont think that really effected this number, but that was the 1st thing that came to my mind…lol
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Re: FAU loses 832K on basketball...

Nunzio42 said

TeamBeer said

and people complain that they can't use their student ID from 5 years ago to get into the game for free???

I dont think that really effected this number, but that was the 1st thing that came to my mind…lol

Yeah neither do I but I like to bitch about it  ;)
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Re: FAU loses 832K on basketball...

Regardless of the way they calculate "income", that number seems embarrassing.
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Re: FAU loses 832K on basketball...

If you want to know total income and expenses for your school.  Check out this USA TODAY database which you will see FIU can spend more $ bc of their larger school enrollment yet is lower per student then FAUs.

NCAA college athletics department finances database – USATODAY.com
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