<html><body><div style="font-family: times new roman, new york, times, serif; font-size: 12pt; color: #000000"><div>As a former cost analyst, I like numbers too . Here is an article that explains why that "loss" must be taken with a grain of salt:</div><div><br></div><div><a href="http://www.goiowaawesome.com/iowa-hawkeyes-football/2017/07/1521/its-not-plagiarism-if-you-link-to-it-turns-its-pockets-inside-out">http://www.goiowaawesome.com/iowa-hawkeyes-football/2017/07/1521/its-not-plagiarism-if-you-link-to-it-turns-its-pockets-inside-out</a></div><div><br></div><div><br></div><hr id="zwchr"><div style="color:#000;font-weight:normal;font-style:normal;text-decoration:none;font-family:Helvetica,Arial,sans-serif;font-size:12pt;" data-mce-style="color: #000; font-weight: normal; font-style: normal; text-decoration: none; font-family: Helvetica,Arial,sans-serif; font-size: 12pt;"><b>From: </b>"Keith Voigts" <kvoigts@wisemanengine.com><br><b>To: </b>herky@lists.herky.net<br><b>Sent: </b>Friday, July 7, 2017 10:56:32 PM<br><b>Subject: </b>Re: [Herky] Athletic Department Financials<br><div><br></div><style><!--
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--></style><div class="WordSection1"><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;">As a CPA, I love to look at the numbers. I found this. </span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;"> </span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;">Iowa is #20 with $113,249,000 in revenue and $116,169 in expenses, a loss of about $3,000,000.</span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;"> </span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline;"><em><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">USA TODAY</span></em><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"> released its <a href="http://sports.usatoday.com/ncaa/finances/" target="_blank" data-mce-href="http://sports.usatoday.com/ncaa/finances/"><span style="font-size:11.0pt;color:#990000" data-mce-style="font-size: 11.0pt; color: #990000;">database of NCAA Division 1 athletics spending and revenue</span></a> for the 2015-16 academic year Thursday, and Alabama was ranked among the top-five schools.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">The Crimson Tide’s athletic department made $164,009,745, which ranked fourth nationally and second in the SEC behind nation-leading Texas A&M. Alabama also had $145,277,366 in expenses, which ranked fourth nationally and first in the SEC.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">Texas A&M brought in the most overall revenue with $194,388,450 for a second straight year, while Texas’ athletic department spent the most $171,394,287. Texas ($187,981,158) and Ohio State ($170,789,765) rounded out the top-four revenues.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">The Aggies took in $75.5 million, compared to Alabama’s $29.7 million.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">Of the 13 public schools in the league, 11 recorded $100 million or more of revenue. Only Missouri ($97.3 million) and Mississippi State ($94.9 million) fell below that mark in 2015-16.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">The SEC accounted for six of the top-10 teams in total revenue. Below is the top 10.</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p style="margin:0in;margin-bottom:.0001pt;vertical-align:baseline;box-sizing:border-box;background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial" data-mce-style="margin: 0in; margin-bottom: .0001pt; vertical-align: baseline; box-sizing: border-box; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-origin: initial; background-clip: initial;"><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">1. Texas A&M -- $194,388,450</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">2. Texas -- $187,981,158</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">3. Ohio State -- $170,789,765</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">4. Alabama -- $164,009,745</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">5. Michigan -- $163,850,616</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">6. Oklahoma -- $150,373,216</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">7. LSU -- $141,651,460</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">8. Florida -- $141,441,109</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">9. Tennessee -- $140,448,955</span><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;"><br></span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333;border:none windowtext 1.0pt;padding:0in" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333; border: none windowtext 1.0pt; padding: 0in;">10. Auburn -- $140,070,593</span><span style="font-size:12.0pt;font-family:"proxima_nova_rgregular",serif;color:#333333" data-mce-style="font-size: 12.0pt; font-family: 'proxima_nova_rgregular',serif; color: #333333;"></span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;"> </span></p><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;"> </span></p><div><p class="MsoNormal"><span style="color:#002060" data-mce-style="color: #002060;">Keith Voigts</span></p></div><p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:#002060" data-mce-style="font-size: 12.0pt; font-family: 'Arial',sans-serif; color: #002060;"> </span></p></div><br>_______________________________________________<br>Herky mailing list<br>Herky@lists.herky.net<br>http://lists.herky.net/listinfo.cgi/herky-herky.net<br></div><div><br></div></div></body></html>