Wednesday, November 5, 2003

AD Goin expecting to see profit


But 10 of 15 schools lost money in '01-02

By John Byczkowski
The Cincinnati Enquirer

There's little doubt University of Cincinnati athletics will take in more money when the school joins the Big East Conference in 2005, but is it possible they'll lose more as well?

UC athletic director Bob Goin said, "We believe we're going to take in more money from the Big East than we take from Conference USA."

The Big East has more and larger television contracts than Conference USA, and Goin hopes for more basketball and football ticket sales.

The 15 Big East schools took in nearly $280 million in revenues from athletics in the 2001-02 academic year, some 70 percent more than the $160 million earned by 14 Conference USA schools, according to the latest figures available from the U.S. Department of Education.

But that doesn't mean the Big East made money. Athletics losses totaled nearly $50 million, and 10 of 15 schools saw athletics operate in the red.

By comparison, losses for the Conference USA schools came to less than $20 million, and eight of the 14 schools lost money on athletics. UC was one of five schools that operated in that black, and one school broke even.

Goin said how much more revenue UC gets by joining the Big East hasn't been determined. But he doesn't think athletic department expenses will be hurt by the move to the Big East.

UC will give up trips to far-flung cities such as New Orleans, Houston and Fort Worth, Texas.

"Our volleyball team and our tennis teams aren't going to have to travel as far to get some competition," he said.

Big East membership has driven some schools to expand facilities, but Goin said UC's are in fine shape. Construction continues on the $80 million Varsity Village athletic center.

"We have a beautiful basketball arena that we need to sell out," he said. "Nippert (Stadium) is great, and if we get 50-60,000, we'll ask the Bengals if they'll let us use Paul Brown Stadium."

Money for athletics

Of 16 schools in the new Big East, 10 lost money on athletics. All figures are for the 2001-02 academic year, except Villanova (2000-01).

NameRevenuesExpensesDifference
Cincinnati$18,863,048$17,988,871$874,177
Connecticut$34,449,567$35,530,366-$1,080,799
DePaul$1,492,241$5,433,522-$3,941,281
Georgetown $10,411,216$14,263,661-$3,852,445
Louisville$30,016,899$30,156,557-$139,658
Marquette$4,380,165$6,122,221-$1,742,056
Notre Dame$44,744,384$38,548,933$6,195,451
Pittsburgh$20,154,732$26,103,561-$5,948,829
Providence$4,711,900$9,793,059-$5,081,159
Rutgers$30,134,855$30,134,855$0
Seton Hall$8,253,494$10,304,961-$2,051,467
South Florida$13,666,671$13,343,954$322,717
St. John's$3,767,747$4,910,263-$1,142,516
Syracuse$38,458,514$38,344,825$113,689
Villanova$4,108,122$11,124,030-$7,015,908
West Virginia$24,514,210$24,181,924$332,286
Source: U.S. Department of Education.




U.C. JOINS BIG EAST CONFERENCE
Big time beckons as UC joins Big East
Daugherty: Big East-bound
What do you think about UC joining the Big East?
Meet the new Big East
Tranghese not worried about change
Huggins: Other sports big winners
Minter: Recruiting doors could open
Fans excited for the future
A history of the Big East
AD Goin expecting to see profit
Switch will raise profile, revenue
Fallout may improve Xavier's competition

REDS/BASEBALL
Upbeat Rose keeps talking
Reds giving Dempster his unconditional release

BENGALS/NFL
Bengals Q&A
Playoffs can follow expansion quickly
Broncos battered heading into bye

COLLEGE SPORTS
Miami 33, No. 15 BGSU 10
Buckeyes opt for QB rotation
Louisville stands in TCU's way of BCS debate
UK 107, Nike Elite 89

PREP SPORTS
West falls short in state semis
Heisel's goal lifts Madeira into final
All-Ohio volleyball teams
Today's schedule

ON THE AIR
Sports on TV, radio

Mail This Story (Click here) Send this story to a friend.

 
NEXT GAME
vs. South Florida (3-4)
• 1:00 p.m. Sat. Nov. 20
• Nippert Stadium
• Radio: WLW-AM 700

FOOTBALL

Paterno Won't Coach Penn St.-Temple Game

Paterno Won't Go to Penn St.-Temple Game

Spurrier Shadow Looms Large in Florida

No. 15 Rutgers Bracing for Historic Game

Hurricanes Stunned by Teammate's Murder

THE BIG EAST
Big East logo
UC joins Big East
• A special section of complete coverage, as the UC Bearcats join one of the nation's elite sports conferences.

MEN'S BASKETBALL

Terps Sign Gary Williams Through 2010-11

Bob Knight Approaches Winning Milestone

Buckeyes' Oden Content to Wait for NBA

Larranaga Enjoy Spoils of Final Four Run

Hansbrough Leads AP's All-America Team

AP's Preseason All-America Team

Gators Runaway Preseason No. 1 in Poll

Gators Return Starters to Defend Title

Texas Tech's Jackson Returns to Practice

Sutton Released From Hospital in Okla.

WOMEN'S BASKETBALL

Paris Headlines AP's All-America Team

ACC New Powerhouse in Women's Basketball

Maryland Tops AP Women's Basketball Poll