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YOUR BALANCE
College football is on a financial collision course.
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College football is on a financial collision course.


Nov 28, 2012, 5:04 PM

Regardless of your position regarding conference membership, college football is on a potentially disasterous financial collision course.

Case in point:

1. Maryland

Maryland has operated in the red for most of the last 20 years. They spent wildly on upgrading their facilities and other pet projects. In the mean time their cash cow football program failed repeatedly. Football is typically the life blood for entire athletic departments.
Joining the Big 10 will help their cashflow in the short term, but will it change their bad spending and administrative habits? Probably not.

2. Florida State

Florida State dominated college football for over 20 years. They spent money wildly on facilities, jock dorms, buyouts and who knows what else. Where did all their money go? They are broke.
They will eventually leave the ACC for more money to blow.


3. Tennessee

Tennessee fired their successful football coach Phil Fulmer. They wasted their time on Lane Kiffen (money time value lost) and just fired Dooley. (what a great deal for Derek). Pat Summitt is now gone. I feel sorry for her successor ! She will never stack up to Pat's success and will be fired.
Tennessee is now broke and has to get a loan to help finance their latest coaching search.
They are in the SEC. I thought the SEC was the answer to the world's problems ! Guess not !

In Summary:

At some point the economics of college football are going to collapse. No financial cycle continues to expand forever without an adjustment downward. Maryland, FSU and Tennessee are just the beginning of this downward cycle. There will be others.

Before we rush off to join another conference we should insist that Clemson's financial house is in order. If not we will quickly join Maryland, FSU and Tennessee on the financial disaster list.

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I predict an expansion bubble bust much like the .......


Nov 28, 2012, 5:13 PM

housing bust as in a few short years television will suddenly realize they are paying more $$$ for the same number of teams and the same number of customers.

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This is very true. Conference proponents like to tout these


Nov 28, 2012, 5:23 PM

escalating media dollars in the decades ahead but they act as if there's some kind of college football fairy that just flies around and sprinkles millions of dollars around on campuses from some unlimited supply. There's only one Saturday per week. Cable operators and networks all have to make a profit and that revenue has to come from somewhere. The B1G started it and think they have the mold set but with every other conference now getting in the mix, the premiums like the B1G got early just won't be there, geographic footprint or not. What cable operators will offer is exposure instead of money, with it being left up to the conferences to generate ad revenue to support them instead of subscriber fees.

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Nothing lasts forever...


Nov 28, 2012, 5:18 PM

And there's a finite limit of value available for purchase, regardless of the arbitrary $$$ value attached to it. Just ask Las Vegas homeowners...

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Are y'all Austrian football fans?***


Nov 28, 2012, 5:20 PM



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Austrian or Australian?


Nov 28, 2012, 5:36 PM

Big difference.

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Re: College football is on a financial collision course.


Nov 28, 2012, 5:54 PM

I don't think I've read any post on any Clemson site that I agree with more than this one. All this money being thrown around in college football is a house of cards ready to cave in. I don't care how big the market is, it can be glutted until it isn't profitable anymore.

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