1 / 15

Uncovering College Athletics: Financial Reports and Coach Contracts

Learn about the money flowing in and out of college athletics through financial reports and coach contracts. Find out where to access these documents, what numbers to focus on, and tips for reading them.

lujanm
Download Presentation

Uncovering College Athletics: Financial Reports and Coach Contracts

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Game on! Covering college athletics Christopher Schnaars, USA TODAY | cschnaars@usatoday.com | @chrisschnaars

  2. What’s in the Box? • What documents tell you about the money flowing to and from college athletics? • Where can you find these documents? • What numbers should you keep an eye on? • Are there tips or warnings to keep in mind when looking at these documents? Image: https://www.flickr.com/photos/shmectorcom/

  3. Start Small • NCAA won’t provide reports. • FOIA reports and contracts from schools. • Get reports from other schools in the same conference. • Some schools collect outside income reports. • IRS 990s for private schools. Image: https://www.flickr.com/photos/67975747@N02/

  4. Revenue Categories Include: • Ticket sales • Government support • Student fees • Institutional support • Media rights • NCAA and conference distributions • Royalty payments

  5. Expense Categories Include: • Athletic student aid • Coach and staff salaries • Severance payments • Recruiting • Team travel • Debt service and rent

  6. Tips for Reading Financial Reports: • Focus on the big numbers. • Know what the numbers mean. • Read the comments. • Look at how numbers have changed. • When looking at numbers from different years, adjust for inflation.

  7. COACH CONTRACTS

  8. Perks:

  9. Contract Tips: • Know the meeting schedule of the school’s governing board. • Watch out for amended contracts. • When requesting contracts, also ask for amendments and records of bonuses paid. • Fact check when you can.

  10. When to File FOIA Requests: • NCAA financial reports: Jan. 15 • Football coaches: Mid-June • Basketball coaches: Early Fall • Athletic directors: Any time

  11. Resources: • USA TODAY Interactives • http://sports.usatoday.com/ncaa/salaries • http://sports.usatoday.com/ncaa/finances • NCAA Financial Reporting System:http://www.ncaa.org/about/resources/finances/ncaa-membership-financial-reporting-system • Tipsheet: http://bit.ly/sports_data • Slides: http://bit.ly/sports_slides

More Related