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UW athletics financial picture

Woof
Woof Member Posts: 770
I've been really curious about how the recent turnaround in football has impacted the UW AD financial forecast, and I noticed that they just released the updated numbers in the past week. I haven't spent a ton of time reading through this, but I wanted to beat @CokeGreaterThanPepsi in breaking the news. Unlike doogman, I'd rather be first than right.

The full report is here: I promise this isn't citrus
  • The overall financial projections keep getting better, although not to the degree we saw in FY17
  • We sold almost 46K season tickets last year, and donations to the program are way up
  • Basketball fell off a cliff, but because Hopkins is a good coach, we will be fine
  • It looks like they're assuming about $2M/year from the apparel deal, which seems low to me
  • They continue to talk about allowing beer & wine sales at Alaska Airlines Field at Husky Stadium™
With all that being said, Jake Browning still sucks and BBK is our starting middle linebacker.
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Comments

  • Swaye
    Swaye Moderator, Swaye's Wigwam Posts: 41,741 Founders Club
    Holy fuck. I clicked the link. I'd rather have citrus than all that maff. Can someone just summarize all that shit and tell me if we are making money and stuff? TIA
  • Dennis_DeYoung
    Dennis_DeYoung Member Posts: 14,754
    46k season tickets. Jesus fucking Christ. Just shut the program down.
  • Woof
    Woof Member Posts: 770
    edited April 2018

    I think it's $2.2M additional revenue for the apparel deal.

    Royalties, Adv & Sponsorships:

    FY19: $16,507,421
    FY20: $21,699,796
    FY21: $18,741,140

    Assuming everything else in that category is constant, I'm guessing there is a signing bonus for the first year of the new deal (FY20). They are currently getting $3.5M/year. At $5.7M they are being very conservative and are planning on a new agreement with Nike. Oregon is getting $8M/year with Nike, I'd guess we'd be closer to just under that. Adidas is rumored to be offering close to $10M/year.

    Yes, that's what I meant, but thank you for making my point much more eloquently. UCLA got $280M for 15 years and Michigan got $124M for 11 years, but some of that comes in the form of free apparel. My sense is that $8-10M/year is a reasonable estimate for what we'll get with the deal. Nike has the right to match, so whatever Adidas bids, we could theoretically force Nike to pay that amount per year.
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,695 Founders Club

    46k season tickets. Jesus fucking Christ. Just shut the program down.




  • BlowItUp
    BlowItUp Member Posts: 877
    Woof said:

    I think it's $2.2M additional revenue for the apparel deal.

    Royalties, Adv & Sponsorships:

    FY19: $16,507,421
    FY20: $21,699,796
    FY21: $18,741,140

    Assuming everything else in that category is constant, I'm guessing there is a signing bonus for the first year of the new deal (FY20). They are currently getting $3.5M/year. At $5.7M they are being very conservative and are planning on a new agreement with Nike. Oregon is getting $8M/year with Nike, I'd guess we'd be closer to just under that. Adidas is rumored to be offering close to $10M/year.

    Yes, that's what I meant, but thank you for making my point much more eloquently. UCLA got $280M for 15 years and Michigan got $124M for 11 years, but some of that comes in the form of free apparel. My sense is that $8-10M/year is a reasonable estimate for what we'll get with the deal. Nike has the right to match, so whatever Adidas bids, we could theoretically force Nike to pay that amount per year.
    5.7 is probably a good estimate in cash inflow, if not high. depending on the structure it's typically like 40% cash, 60% apparel so at 5.7 million in cash they are looking at a 10 million +/year deal. schools can arrange the agreement differently but Michigan's deal is 41% cash the rest comes in clothes/cleats/uniforms, etc.
  • Pitchfork51
    Pitchfork51 Member Posts: 27,676
    The longer a woman is in charge the worse the financials will be

    Simple fact





    Case closed
  • WilburHooksHands
    WilburHooksHands Member Posts: 6,804

    The longer a woman is in charge the worse the financials will be

    Simple fact





    Case closed

    Between this and the Kendrick Lamar post I know you don't fuck