Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

University of Oregon confirmed poverty program

Schools recently released their FY23 (fiscal year ended 6/30/2023) athletic department financials. As expected, the University of Washington reports significantly more football contributions and revenue, by a margin of $101m to $79m, when compared to our less fortunate neighbors to the south. Thankfully for the ducks they are a track and field school, so their total AD revenues are almost matching ours.

On a related note, despite getting half shares of B1G TV revenue, the $30m we're both scheduled to earn in FY24 will significantly outpace the Pac-12's shitty deal ($21-22m). Anyways, I took the liberty of formatting this so that our resident financially illiterate dumbfucks (hi @thechatch!) can understand the quick hitters.




https://gohuskies.com/documents/2024/1/16/NCAA_Rev_Exp_Report_2022-2023.pdf
https://goducks.com/documents/2024/1/17/University_of_Oregon_2023_AUP_Report_-_FINAL.pdf
«1

Comments

  • haie
    haie Member, Swaye's Wigwam Posts: 23,694 Founders Club
    In before @bridgetrollduck responds with, "we're doing just fine."
  • haie
    haie Member, Swaye's Wigwam Posts: 23,694 Founders Club
    What also gets lost with the Pac 2 fans on Twitter is the fact that Oregon and Washington can borrow more money from the B1G if they really need it before they get a full share.
  • thechatch
    thechatch Member Posts: 7,201
    Thank you for doing this important research
  • HFNY
    HFNY Member Posts: 5,384
    It looks like Oregon has over $150 million in debt from their basketball arena alone. Wow. Does Phil Knight plan on paying that off upon his death?

    I hope they are screwed once he kicks the can.
  • haie
    haie Member, Swaye's Wigwam Posts: 23,694 Founders Club
    Did they ever finish their Polynesian center? Eugene is the most poly friendly place on earth!!!
  • CallMeBigErn
    CallMeBigErn Member Posts: 8,028
    edited January 2024
    haie said:

    Did they ever finish their Polynesian center?

    Hmmmmm
  • dannarc
    dannarc Member Posts: 2,695
    edited January 2024
    It's Pea Patch tim in Eugene when Uncle Phil retires. I'm sure they have investment shares setup to fund the major programs. Clock is ticking for them to win some big games and get that blue blood status. Truck stop, blue balls U
  • HuskyJW
    HuskyJW Member Posts: 15,265
    Damnit

    Don’t you hate it when this board is right?
  • haie
    haie Member, Swaye's Wigwam Posts: 23,694 Founders Club

    Knight watched Oregon lose the Rose Bowl and Moos hooked him. The rest is no natty history

    Gates watched UW lose to Michigan. Dannen is trying to hook him.

    UW does have a larger pool but those big fish...

    My tug view of Gates is different from my football money view. Situational ethics always help in college football

    Just like Jodie Allen refusing to sell the Blazers to Phil has helped Oregon, maybe locking down the retarded Seahawks will help us? wrt him and Ballmer?

    Ballmer has to be getting bored with his dumb ass LA employees wanting to sit half the season and then still not getting him a ring.
  • Miley_Cyrus
    Miley_Cyrus Member Posts: 832

    For being poor they sure do eat a lot at the concession stand.

    UW really needs to figure out the concession situation. It’s probably the worst in the conference, which is pathetic. I’m not joking when I say they’re probably leaving $2MM on the table in revenue.

    If they just figure out how to do the basics right like keeping things in stock, getting the lines moving faster, etc. they’d be in far better shape. So many times I’ve gone to buy something and the workers can’t figure out how to use the machines, look confused about what to do, and so on. It’s maybe the lowest hanging fruit for revenue and fan experience and seems like a simple fix.
  • greenblood
    greenblood Member Posts: 14,559
    Doesn’t stadium capacity play a major role in revenue when both schools sell out nearly every week.
  • greenblood
    greenblood Member Posts: 14,559
    dannarc said:

    It's Pea Patch tim in Eugene when Uncle Phil retires. I'm sure they have investment shares setup to fund the major programs. Clock is ticking for them to win some big games and get that blue blood status. Truck stop, blue balls U

    There’s already a $3-$4B endowment set up for when the time comes. This has been planned on for years
  • WoolleyDoog
    WoolleyDoog Member, Swaye's Wigwam Posts: 5,052 Founders Club
    edited January 2024
    HFNY said:

    What a strange person. I would leave all that money to real causes like improving cancer treatment, solving Alzheimer’s / Parkinson’s, and helping foster kids rather than an athletic department that is essentially Ohio State lite.

    Nah let's make sure some shitball dads and 7 on 7 coaches get paid and free shoes. Fuck it. Sco.
  • CuntWaffle
    CuntWaffle Member Posts: 22,499
    Is this why they pump their own gas now?
  • EsophagealFeces
    EsophagealFeces Member Posts: 13,108

    dannarc said:

    It's Pea Patch tim in Eugene when Uncle Phil retires. I'm sure they have investment shares setup to fund the major programs. Clock is ticking for them to win some big games and get that blue blood status. Truck stop, blue balls U

    There’s already a $3-$4B endowment set up for when the time comes. This has been planned on for years
    If I was going to leave that much money to my team, I’d do it while I was alive, so I wouldn’t have to die nattyless
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,170 Standard Supporter

    dannarc said:

    It's Pea Patch tim in Eugene when Uncle Phil retires. I'm sure they have investment shares setup to fund the major programs. Clock is ticking for them to win some big games and get that blue blood status. Truck stop, blue balls U

    There’s already a $3-$4B endowment set up for when the time comes. This has been planned on for years
    If I was going to leave that much money to my team, I’d do it while I was alive, so I wouldn’t have to die nattyless
    He knows that without it the school would be destitute in the long run and would no longer be able to beat the likes of Liberty in the Fiesta Bowl. Gotta keep the Duck fans' hopes up for the annual off-season natty.
  • Fire_Marshall_Bill
    Fire_Marshall_Bill Member Posts: 25,593 Standard Supporter

    For being poor they sure do eat a lot at the concession stand.

    UW really needs to figure out the concession situation. It’s probably the worst in the conference, which is pathetic. I’m not joking when I say they’re probably leaving $2MM on the table in revenue.

    If they just figure out how to do the basics right like keeping things in stock, getting the lines moving faster, etc. they’d be in far better shape. So many times I’ve gone to buy something and the workers can’t figure out how to use the machines, look confused about what to do, and so on. It’s maybe the lowest hanging fruit for revenue and fan experience and seems like a simple fix.
    They could charge less for booze, not open it for people, and not have the rent a cops make people pour it out when they're leaving. Don't enforce a rule/law on par with jaywalking when some homeless junkie is shooting up on the Ave a mile away, possibly in front of children.
  • haie
    haie Member, Swaye's Wigwam Posts: 23,694 Founders Club

    For being poor they sure do eat a lot at the concession stand.

    UW really needs to figure out the concession situation. It’s probably the worst in the conference, which is pathetic. I’m not joking when I say they’re probably leaving $2MM on the table in revenue.

    If they just figure out how to do the basics right like keeping things in stock, getting the lines moving faster, etc. they’d be in far better shape. So many times I’ve gone to buy something and the workers can’t figure out how to use the machines, look confused about what to do, and so on. It’s maybe the lowest hanging fruit for revenue and fan experience and seems like a simple fix.
    Well yeah, they took the highest bidders so you get Starbucks and whoever owns Redhook. Again, it's funny how many alcohol enforcement people they have walking around the concourse but then they serve 9% Redhook which tastes as bad as malt liquor.

    They have 1 or 2 concessions that I could find that serve Johnny Utah (not great, but tolerable) and 1 that I could find next to the away team's section that has Fremont (their most citrusy, sweet, kind of gay IPA they make).

    The reserved part of the Zone which is supposed to have more options has nothing but shit.

    IMO the worst part of it all is just that there's only 2 breweries that are full/fucked 2.5 hours before kickoff which then forces you to go to the stadium and drink their garbage.
  • creepycoug
    creepycoug Member Posts: 24,017
    HFNY said:

    What a strange person. I would leave all that money to real causes like improving cancer treatment, solving Alzheimer’s / Parkinson’s, and helping foster kids rather than an athletic department that is essentially Ohio State lite.

    He has donated a ton of money to other causes both at Oregon and elsewhere. Oregon Health Sciences is a huge beneficiary of Knight's largesse, so there's the healthcare piece. He also gives a ton of money to Stanford GSB, which doesn't exactly need it, but nobody cares about the fighting MBA trees. He's given the university a ton of academically related money because, like here, it's not really a state school anymore in that the state's share of the operating budget is a laughable percentage. Government-run shit at its best.

    I think the deal with athletics, they do have a large endowment as it stands, but PK has been mostly pay as you go (build it and I'll pay for it). But, yes, on some good authority there is supposedly a massive amount set up for after his death for both the school and the athletic department. If that's true, the annual earnings on the AD endowment will approximate or exceed what is in GG's financial statement as football operative revenue.

    I know it's hate season all year around, but I have never understood the issue with Phil. He just unloads money he made the American way on his alma mater. If we? all insisted that gifted money were clean of any second or third world exploitation, we'd all starve.

    Re Balmer, they've given to UW (early childhood ed, etc.), but his wife's a Duck so they've sent a lot their school donation money south - just sent $425 million a couple of years ago. He probably sends money to Harvard, they of the $50 billion endowment Harvards.

    Rich people always gonna rich. It's the American way.
  • Sandra6
    Sandra6 Member Posts: 151
    So, is $30 million in spending worth 3 points? Is that why Oregon keeps losing to us by 3 points?
  • creepycoug
    creepycoug Member Posts: 24,017

    HFNY said:

    What a strange person. I would leave all that money to real causes like improving cancer treatment, solving Alzheimer’s / Parkinson’s, and helping foster kids rather than an athletic department that is essentially Ohio State lite.

    I know it's hate season all year around, but I have never understood the issue with Phil\
    What's not to understand? He's a billionaire who single handedly invented Oregon football and continues to bankroll that stain on humanity.
    Ok!
  • creepycoug
    creepycoug Member Posts: 24,017
    Sandra6 said:

    So, is $30 million in spending worth 3 points? Is that why Oregon keeps losing to us by 3 points?

    You just have to ask yourself, would they rather be where they were or where they are now? That's the only relevant consideration. The rest is just stupid. Who here wouldn't take a benefactor willing to throw his money at the football program? Like I said, I just don't get the hate on Knight. I mean, I wish he'd have chosen to build Miami a nice stadium in Coral Gables and throw money at them for facilities (an area of concern for years until very recently) and whatever else he does for Oregon. That would have been nice. I would have liked Bezos to do it too. Or Gates. Or somebody. But I don't burn over it. It's just dumb.
  • creepycoug
    creepycoug Member Posts: 24,017
    HFNY said:

    Sandra6 said:

    So, is $30 million in spending worth 3 points? Is that why Oregon keeps losing to us by 3 points?

    You just have to ask yourself, would they rather be where they were or where they are now? That's the only relevant consideration. The rest is just stupid. Who here wouldn't take a benefactor willing to throw his money at the football program? Like I said, I just don't get the hate on Knight. I mean, I wish he'd have chosen to build Miami a nice stadium in Coral Gables and throw money at them for facilities (an area of concern for years until very recently) and whatever else he does for Oregon. That would have been nice. I would have liked Bezos to do it too. Or Gates. Or somebody. But I don't burn over it. It's just dumb.
    You make some reasonable points. I take it mainly from the angle that Knight was one of the reasons why college sports (and particularly football) feels ruined. It sure seems like helped professionalize college football even further, has kept doing it decades, and kicked off the arms race in CFB and CBB. Now we have the NIL madness and it is worse than ever. I'm not blaming him for all of it of course but college football was a lot more fun when the lines between professional and amateur were much stronger. He helped ruin that.
    I agree with that, and he had a hand in it. The SEC and all its cheating and under-the-table payments hasn't helped. We could also point to pro sports free agency and a few other things that took the money changing hands in cfb from something that used to happen in the dark to a legitimate part of the system. Eventually, the players developed an almost Marxist-type "class consciousness" which spoke to their understanding of self-worth. I hate it but find it hard to argue against. The history is littered with kids who had the goods to play in the NFL only to blow something up while still poor in college and beset with the cruel reality that their great expectations were just out of reach ... almost Gatsby-esque in its tragedy. I get not wanting to be that character. Yeah, the sports empire Nike created with Tiger and Jordan really opened up the eyes of athletes and helped start a paradigm shift of focusing on individual value.
  • EsophagealFeces
    EsophagealFeces Member Posts: 13,108

    HFNY said:

    What a strange person. I would leave all that money to real causes like improving cancer treatment, solving Alzheimer’s / Parkinson’s, and helping foster kids rather than an athletic department that is essentially Ohio State lite.

    He has donated a ton of money to other causes both at Oregon and elsewhere. Oregon Health Sciences is a huge beneficiary of Knight's largesse, so there's the healthcare piece. He also gives a ton of money to Stanford GSB, which doesn't exactly need it, but nobody cares about the fighting MBA trees. He's given the university a ton of academically related money because, like here, it's not really a state school anymore in that the state's share of the operating budget is a laughable percentage. Government-run shit at its best.

    I think the deal with athletics, they do have a large endowment as it stands, but PK has been mostly pay as you go (build it and I'll pay for it). But, yes, on some good authority there is supposedly a massive amount set up for after his death for both the school and the athletic department. If that's true, the annual earnings on the AD endowment will approximate or exceed what is in GG's financial statement as football operative revenue.

    I know it's hate season all year around, but I have never understood the issue with Phil. He just unloads money he made the American way on his alma mater. If we? all insisted that gifted money were clean of any second or third world exploitation, we'd all starve.

    Re Balmer, they've given to UW (early childhood ed, etc.), but his wife's a Duck so they've sent a lot their school donation money south - just sent $425 million a couple of years ago. He probably sends money to Harvard, they of the $50 billion endowment Harvards.

    Rich people always gonna rich. It's the American way.
    I don’t get the Phil hate either. I wish I had enough money to be the UW AD’s sugar daddy