Louisville is college basketball’s most valuable team, now worth $38.5 million, up from $36.1 million last year.

Louisville in regards to revenue in Basketball as compared to Football would be in the Top 25 in terms of revenue as well.

http://www.forbes.com/sites/chrissmith/2...ble-teams/

And we thank you for your support...

(03-19-2013 10:34 AM)bitcruncher Wrote:  And we thank you for your support...

Lol...don't be surprised that other schools look @ what Louisville & Kansas is doing...college basketball is still somewhat untapped in regards to additional sports revenue streams...need that winter content...

As long as it remains the NCAA's cash cow, it's going to be hard for a lot of schools to capitalize on basketball. Not every school has the built-in advantages that Louisville does. That helps considerably...

Doesn't Louisville play rent-free in an arena financed by taxpayers that is losing millions of dollars annually? What happens when that sweetheart deal is terminated in bankruptcy and Louisville must pay the carriage?

(03-19-2013 10:47 AM)FreshPrinceOfDarkness Wrote:  Doesn't Louisville play rent-free in an arena financed by taxpayers that is losing millions of dollars annually? What happens when that sweetheart deal is terminated in bankruptcy and Louisville must pay the carriage?

Yup. Can't really blame UL though, they did what was best for them. The city got bent over though.

(03-19-2013 10:47 AM)FreshPrinceOfDarkness Wrote:  Doesn't Louisville play rent-free in an arena financed by taxpayers that is losing millions of dollars annually? What happens when that sweetheart deal is terminated in bankruptcy and Louisville must pay the carriage?

The Arena needs another tenent-(Indoor Football/NHL etc)...it will work out but the University itself is protected. Also, Louisville was @ the top in regards to revenue when we played in Freedom Hall as well...the Yum Center just widen the gap between #1 and #2.

The point is Kansas, UNC & Kentucky are also generating huge $$$$...Football is not the only cash cow...

U of L was most profitable school the last several years before
YUM was built. And was in process of building a new arena when
the city bent its arm along with the state to go with the YUM.
It is true profit is not quite what was exspected. The main
reason is lack of dates availble when U of L is not using the
arena. And not only that but the state is so far behind in any
help to U of L because UK blocked everything for years and that
is the truth.

(03-19-2013 10:46 AM)bitcruncher Wrote:  As long as it remains the NCAA's cash cow, it's going to be hard for a lot of schools to capitalize on basketball. Not every school has the built-in advantages that Louisville does. That helps considerably...

That is why basketball will be big revenue when schools break away from NCAA and start their own tourney.

(03-19-2013 11:35 AM)samandrea Wrote:  

(03-19-2013 10:46 AM)bitcruncher Wrote:  As long as it remains the NCAA's cash cow, it's going to be hard for a lot of schools to capitalize on basketball. Not every school has the built-in advantages that Louisville does. That helps considerably...

That is why basketball will be big revenue when schools break away from NCAA and start their own tourney.

The current contract leagues plus the Aresco League, MWC, BIG EAST Basketball League, A-10, WCC & MVC is all you would need for a strong 64 Team Tournament...

Every time I see reports like this, I don't know whether or to be proud or embarrassed by how much UofL makes from basketball. UofL's basketball revenue equals the cost of the product to the fans (the consumers), and that is a helluva lot of money to pay for college basketball. I don't care how good it is.

(03-19-2013 11:40 AM)JunkYardCard Wrote:  Every time I see reports like this, I don't know whether or to be proud or embarrassed by how much UofL makes from basketball. UofL's basketball revenue equals the cost of the product to the fans (the consumers), and that is a helluva lot of money to pay for college basketball. I don't care how good it is.

Don't remind me...the cost of the lower bowl seats are ...it is NBA Lower Bowl $$$$$

(03-19-2013 10:47 AM)FreshPrinceOfDarkness Wrote:  Doesn't Louisville play rent-free in an arena financed by taxpayers that is losing millions of dollars annually? What happens when that sweetheart deal is terminated in bankruptcy and Louisville must pay the carriage?

Not really. The city offered the university that sweetheart deal because the city wanted the arena downtown. The university wanted the arena on campus. And the problem isn't that the arena is losing money (the arena made a healthy profit last year) the surrounding area isn't raising the tax revenue it promised. So it's not the university's fault for taking a deal it couldn't refuse. It would've been stupid for them to turn it down.

(03-19-2013 10:47 AM)FreshPrinceOfDarkness Wrote:  Doesn't Louisville play rent-free in an arena financed by taxpayers that is losing millions of dollars annually? What happens when that sweetheart deal is terminated in bankruptcy and Louisville must pay the carriage?

Louisville has the option to buy the YUM at FMV, which will be a steal of a bargin price in bankruptcy. Damn our leadership is smart at business matters.

Even with its cake arena deal, the most valuable college basketball team is still worth about 1/4 of the most valuable college football team.

Kind of makes it clear why football is the driving force in realignment.

(03-19-2013 09:58 AM)Maize Wrote:  Louisville is college basketball’s most valuable team, now worth $38.5 million, up from $36.1 million last year.

lol, that alone may be enough to piss off Chapel Hill and make them leave.

(03-19-2013 12:03 PM)Big 12 Wrote:  Even with its cake arena deal, the most valuable college basketball team is still worth about 1/4 of the most valuable college football team.

Kind of makes it clear why football is the driving force in realignment.

1...no Texas Football makes way more then Louisville basketball but Louisville Basketball as compared to it Football counterparts still would be in the TOP 25.

2...just showing there are different revenues that a university can make.

3..the reason why Football is the driving force has a lot to do with the fact that the NCAA take the bulk of the Basketball $$$ for themselves...the conferences keep the Football $$$…goes back to the old CFA Days

(03-19-2013 12:03 PM)Big 12 Wrote:  Even with its cake arena deal, the most valuable college basketball team is still worth about 1/4 of the most valuable college football team.

Kind of makes it clear why football is the driving force in realignment.

Texas football= 103 Million
Louisville Basketball= 38.5 Million

1/4??????


Louisville Basketball makes more money than MOST NCAA football programs.

(03-19-2013 12:29 PM)ULdave Wrote:  

(03-19-2013 12:03 PM)Big 12 Wrote:  Even with its cake arena deal, the most valuable college basketball team is still worth about 1/4 of the most valuable college football team.

Kind of makes it clear why football is the driving force in realignment.

Texas football= 103 Million
Louisville Basketball= 38.5 Million

1/4??????


Louisville Basketball makes more money than MOST NCAA football programs.

But the point still stands. The most profitable football school (Texas) makes way more money than the most profitable basketball school (Louisville). Look at Ohio State, Alabama, Florida, USC, Oklahoma, etc and look at their football revenue. It's no coincidence they're all football first schools.

Louisville has a nice thing going on for them on both revenue sports and I'm sure it's a nice thing being a Louisville fan these days.

(03-19-2013 12:29 PM)ULdave Wrote:  

(03-19-2013 12:03 PM)Big 12 Wrote:  Even with its cake arena deal, the most valuable college basketball team is still worth about 1/4 of the most valuable college football team.

Kind of makes it clear why football is the driving force in realignment.

Texas football= 103 Million
Louisville Basketball= 38.5 Million

1/4??????

Louisville Basketball makes more money than MOST NCAA football programs.

One of the reasons why Tom Jurich is once again up for AD of the year...Louisville while making only $3 Million from the BIG EAST in media rights still if currently a member of the ACC would have the 2nd largest athletic budget-(UNC would be #1) and the largest profit margin over UNC.

Now with the move to the ACC and the additional $14 to 16 Million in Conference Media Rights along with the addition of a FSU/Miami & Clemson to the Football schedule the Football revenues will increase as well. Not to mention for Basketball the current conference mates-(Syracuse, Notre Dame & Pitt) with UNC & Duke I expect a dramatic increase to what the University is already making...