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Post by hchoops on Aug 10, 2020 20:22:36 GMT -5
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Post by timholycross on Aug 11, 2020 10:46:33 GMT -5
As I've said before, I hope Holy Cross and Patriot League have a plan for when we are back to normal that's in the best interests of the participants and coaches and puts philosophical considerations on the back burner temporarily.
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Post by efg72 on Aug 11, 2020 18:55:38 GMT -5
It appears as if many institutions will be fighting for survival if this entire year is a wash for sports. Those that realize their situation basically have three options:
Stay put in the current division
Drop to a lower division to reduce costs or
Take the decision to move to a higher level, double down, and reinvest in athletics with the hope of increasing
revenues
While this is all speculation how does HC play this?
How does this play into Blossom’s strategic plan, if at all?
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Post by trimster on Aug 11, 2020 19:16:34 GMT -5
It appears as if many institutions will be fighting for survival if this entire year is a wash for sports. Those that realize their situation basically have three options: Stay put in the current division Drop to a lower division to reduce costs or Take the decision to move to a higher level, double down, and reinvest in athletics with the hope of increasing revenues While this is all speculation how does HC play this? How does this play into Blossom’s strategic plan, if at all? Unless things have changed at HC, it is the strategic plan of the man or woman who occupies the President's Office in Fenwick that determines the path taken by HC athletics. |
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Post by efg72 on Aug 11, 2020 19:28:54 GMT -5
Agree just wondering if financial downturn pushes that decision up/down or if it has no impact
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Post by Pakachoag Phreek on Aug 11, 2020 19:57:30 GMT -5
Agree just wondering if financial downturn pushes that decision up/down or if it has no impact HC loses so much money funding sports (generated revenue - expenses) that a temporarily shut down program is probably a wash. For the big boys, a shutdown is another matter. From the University of Florida Athletic Association audited financial statement for fiscal 2018. www.fa.ufl.edu/wp-content/uploads/2019/06/2018_University_Athletic_Assoc_Audited_FS.pdfGenerated revenue by sourceTicket sales $32.2M SEC and NCAA distributions $45.4M Contributions (Boosters) $40M Royalties and sponsorships $19.3M (Smaller $ sources) Student fees $2.7M Even with all of that, University had an operating loss of $2 million. University of Florida is looking at $0 revenue from ticket sales from football, and a big whack from SEC and NCAA distributions. |
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Post by rickii on Aug 12, 2020 8:32:45 GMT -5
As I've said before, I hope Holy Cross and Patriot League have a plan for when we are back to normal that's in the best interests of the participants and coaches and puts philosophical considerations on the back burner temporarily. What sort of philosophical considerations? |
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Post by longsuffering on Aug 12, 2020 11:15:59 GMT -5
As I've said before, I hope Holy Cross and Patriot League have a plan for when we are back to normal that's in the best interests of the participants and coaches and puts philosophical considerations on the back burner temporarily. What sort of philosophical considerations? Roster size, non-medical red shirting, scholarship limits? |
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Post by timholycross on Aug 12, 2020 12:16:27 GMT -5
What sort of philosophical considerations? Roster size, non-medical red shirting, scholarship limits? Yes, that sort of thing. Whatever the NCAA allows for the next couple years. It doesn't diminish the Patriot League's integrity one bit. |
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