Tramel article when Kruger was hired

[quick release]

http://m.newsok.com/article/3555201

Good call Berry...

 

[hoopsaustin]

Ha send to his Twitter. Nice find

 

[Sooner Season]

His point is that the college basketball market place for compensation for coaches is inflated with no economically justifiable reason. He did not say that Kruger was a bad hire or is being overpaid. His point still stands.

 

[SoonerBounce13]

His point is that the college basketball market place for compensation for coaches is inflated with no economically justifiable reason. He did not say that Kruger was a bad hire or is being overpaid. His point still stands.

except for this dig

Which is perfectly reasonable, so long as Lon Kruger can tutor field-goal kickers on the side.

 

[SoonerBounce13]

And I highly doubt trammel knows anything about economics or tried to run the numbers to see how much the true value of a bball coach is.

 

[sperry]

The networks just signed an $8.8 billion dollar television extension for the NCAA tournament alone. that doesn't count regular season, conference tournament, or ticket/concession sales. As usual, Tramel is a complete hack writing for one of the worst entities in a dying field.


The man knows nothing more about sports than the average fan, is not a particularly good writer, and doesn't put in the effort to get better at either. Which is a large part of why print media is dying.

 

[OUHoops]

Perfect Throwback Thursday tweet. Thanks.

 

[Big Old Booger]

The networks just signed an $8.8 billion dollar television extension for the NCAA tournament alone. that doesn't count regular season, conference tournament, or ticket/concession sales. As usual, Tramel is a complete hack writing for one of the worst entities in a dying field.


The man knows nothing more about sports than the average fan, is not a particularly good writer, and doesn't put in the effort to get better at either. Which is a large part of why print media is dying.

I disagree. If you go back to when Nebraska, CU, aTm, and Mizzou left, it appeared the conference may fall apart with OU/Texas/osu/Tech headed west. The folks at KU, even Bill Self, were afraid they were headed to C-USA. Nobody wanted them. So, he has a point, football is the sport that drives the bulk of college sports revenues. I disagree with his stance that 2.2 million was too much for LK, but many on here agreed with him. Some of them still post here today. So, he wasn't the only one lamenting the big contract.

 

[tycat947]

The networks just signed an $8.8 billion dollar television extension for the NCAA tournament alone. that doesn't count regular season, conference tournament, or ticket/concession sales. As usual, Tramel is a complete hack writing for one of the worst entities in a dying field.


The man knows nothing more about sports than the average fan, is not a particularly good writer, and doesn't put in the effort to get better at either. Which is a large part of why print media is dying.

Totally agree! That's why I cringe every time someone puts his name in thread title! His head gets bigger (if possible) and then goes to show Disappointment editors that people are reading my CRAP!

Trying to CREATE news instead of REPORTING it. I don't click on any of his articles any more.

 

[vbdad]

The paper today said ratings were down for the tournament and final game this year. Who knows what the true economics are in any of the sports.

I promise Tramel thought this was a great hire at the time. He was very pro LK off the record, I don't recall all of his columns but he was in favor of a good person taking over the job.

 

[sperry]

I disagree. If you go back to when Nebraska, CU, aTm, and Mizzou left, it appeared the conference may fall apart with OU/Texas/osu/Tech headed west. The folks at KU, even Bill Self, were afraid they were headed to C-USA. Nobody wanted them. So, he has a point, football is the sport that drives the bulk of college sports revenues. I disagree with his stance that 2.2 million was too much for LK, but many on here agreed with him. Some of them still post here today. So, he wasn't the only one lamenting the big contract.

Football is the sport that drives most of the revenues. Which is why Bob Stoops makes twice what Lon does.


But basketball is definitely a moneymaker. Every game a conference's team plays in the tournament pays out $1.67 million to the conference. So, the conference made $28 million from the NCAA tournament alone this season. There's also revenue from regular season, conference tourney, and holiday tourney's, plus revenue from ticket sales.

Basketball isn't paying for the whole athletic department plus facilties upgrades like football is, but it's still profitable even with coach's salaries.

 

[Big Old Booger]

Football is the sport that drives most of the revenues. Which is why Bob Stoops makes twice what Lon does.


But basketball is definitely a moneymaker. Every game a conference's team plays in the tournament pays out $1.67 million to the conference. So, the conference made $28 million from the NCAA tournament alone this season. There's also revenue from regular season, conference tourney, and holiday tourney's, plus revenue from ticket sales.

Basketball isn't paying for the whole athletic department plus facilties upgrades like football is, but it's still profitable even with coach's salaries.

You are correct, and I don't disagree with that point. However, if the Big 12 falls apart and KU ends up in a mid-major you will see their basketball program go right into the toilet. That could happen and I heard Bill Self in 2010/2011 say basically the same thing -- that KU has to get the football program on the right track -- in a radio interview. So, from that angle Tramel was right that basketball doesn't matter in college sports landscape. It's still an ancillary sport to football and will be unless football goes away at some point due to the concussions brouhaha.

 

[SoonerSpock]

Football is the sport that drives most of the revenues. Which is why Bob Stoops makes twice what Lon does.


But basketball is definitely a moneymaker. Every game a conference's team plays in the tournament pays out $1.67 million to the conference. So, the conference made $28 million from the NCAA tournament alone this season. There's also revenue from regular season, conference tourney, and holiday tourney's, plus revenue from ticket sales.

Basketball isn't paying for the whole athletic department plus facilties upgrades like football is, but it's still profitable even with coach's salaries.

While basketball was profitable during the Billy Tubbs and Kelvin Sampson era that has not always been the case. The last two years Jeff Capel was here OU lost $ 6.7 million ($1.7 million in 2009-10 and $4.7 million in 2010-11) per financial statements distributed to me by the athletic department. I do not have any later financial statements but it is my understanding that the basketball program is again operating in the black but not in a major way like football which was $16.0 million in the black in 2010-11 and probably $20 million plus today. Total athletic budget revenue increased from $93.7 to $129.2 million from 2010-11 to 2013-14, a 38% growth.

I would think that if men's basketball could make $3 million annually they would cover the annual women's basketball loss and make Joe Castiglione and David Boren happy campers. Today they would have better than $20 million to cover the expenses of the other minor sports, other expenses and academic support commitments.

http://www.cheatsheet.com/money-career/ncaa-20-college-football-programs-raking-in-the-money.html/

 

[Sooner-Bred]

The NCAA just signed an 8-year, $8.8 BILLION extension deal for March Madness...but yeah, basketball isn't important :facepalm

The NCAA makes FAR more money off college basketball than college football. That is a fact that not many people are aware of, but it's true.

 

[Big Old Booger]

The NCAA just signed an 8-year, $8.8 BILLION extension deal for March Madness...but yeah, basketball isn't important :facepalm

The NCAA makes FAR more money off college basketball than college football. That is a fact that not many people are aware of, but it's true.

Maybe the NCAA but not the schools as evidenced by Spock's post above and more importantly the conferences. Look no further than the Big East whose members that have football programs are now in the ACC, Big 10 and Big 12 (WVa).

If basketball were that big a money maker at a basketball school like Syracuse, then why didn't they stay in the Big East?

 

[tycat947]

Maybe the NCAA but not the schools as evidenced by Spock's post above and more importantly the conferences. Look no further than the Big East whose members that have football programs are now in the ACC, Big 10 and Big 12 (WVa).

If basketball were that big a money maker at a basketball school like Syracuse, then why didn't they stay in the Big East?

Right! And the basketball money goes thru NCAA and football doesn't.

Also, over 300 D1 basketball programs and a little over 100 D1 (FBS) football schools.

 

[Sooner-Bred]

Maybe the NCAA but not the schools as evidenced by Spock's post above and more importantly the conferences. Look no further than the Big East whose members that have football programs are now in the ACC, Big 10 and Big 12 (WVa).

If basketball were that big a money maker at a basketball school like Syracuse, then why didn't they stay in the Big East?

My point was more that basketball is a MASSIVE priority for the NCAA, and the exposure from March Madness alone is well worth a coach's salary.

But an even broader point is that the NCAA is at a tipping point, and pretty soon, the SCHOOLS themselves are going to get a bigger and bigger chunk of that $8.8 Billion.

Combine that with the concussion and CTE issues in football, college sports may very well have a different landscape 20 years from now.

 

[sperry]

My point was more that basketball is a MASSIVE priority for the NCAA, and the exposure from March Madness alone is well worth a coach's salary.

But an even broader point is that the NCAA is at a tipping point, and pretty soon, the SCHOOLS themselves are going to get a bigger and bigger chunk of that $8.8 Billion.

Combine that with the concussion and CTE issues in football, college sports may very well have a different landscape 20 years from now.

No doubt about the last sentence. The NCAA's involvement in big time football and basketball are numbered. They are not a value add to the schools or the student athletes.

 

[Big Old Booger]

No doubt about the last sentence. The NCAA's involvement in big time football and basketball are numbered. They are not a value add to the schools or the student athletes.

Yes, I agree with that too and said as much previously.

However, If football does "go away", I just can't see basketball completely filling the huge void. For one, the arena's at any of the power 5 premier programs seat a fraction of their football stadiums: KU -- 16K at AF and 50K at Memorial Stadium, etc.