That may 100% correct. If so, Duke is doing something right. The Duke grads I know in NC are definitely "good, decent people."
Hmmm, similarities between basketball and politics? I'll stop right there (it's a joke, bro!)
I live 10 miles from both schools. Lots of friends from both Duke and UNC. There are some big egos from both schools. More from out of state at Duke.
www.three-man-weave.com
Fun with Finances: Basketball Budgets — Three-Man-Weave
In the doldrums of the offseason, we pivoted off the basketball court to open up the accounting ledger. Using the most recent Department of Higher Education numbers, here’s a quick look at each team’s spending situation.
C'mon guys time to make donations earmarked solely to basketball.Duke (115.4% above ACC median, 89.4% above average)
Kentucky (108.1% above SEC median, 88.9% above average)
The two biggest brands in college hoops are the only two programs that exceeded $20M in basketball expenditures, and it’s not hard to see why. They have the two highest-paid coaches in the country by an extremely comfortable margin. Both programs print money, though (revenue north of $35M, per the same government report), so it’s not exactly a financial strain.
Some random fun facts
- Combined basketball budget for the 21 MEAC/SWAC schools: $22,940,904
- Duke’s basketball budget: $22,178,473
- Duke’s budget is the highest in the country, but 61 schools still spend more on football.
- The top 69 programs (heh) spend more combined money than the bottom 284.
Tech is # 77 2 spots above BC. I'm sure both are last in the ACC.
| Top 20 in spending Team |
| Duke |
| Kentucky |
| Louisville |
| Florida St. |
| Alabama |
| TCU |
| UCLA |
| Marquette |
| Syracuse |
| Villanova |
| Michigan St. |
| Georgetown |
| Virginia |
| Indiana |
| Kansas |
| Texas Tech |
| Texas A&M |
| Texas |
| UNC |
| Providence |
I wonder how this would compare to highest head coach salaries.
There is a correlation, but there are some schools with big budgets that are not spending a large portion on the head coach.
The Highest-Paid College Basketball Coaches in America
Lon Kruger School: Oklahoma Conference: Big 12 School pay: $3,300,000 Total Pay: $3,300,000 Maximum Bonus: $270,000 Kruger is one of only two coaches to lead five different teams to the NCAA Tournament. He led Florida and Oklahoma to Final Fours in his career. Archie Miller School: Indiana...money.yahoo.com
I'd love to see a staff salary chart. I'm betting a lot of the top 10 teams are paying a lot in assistant salaries. That's where we are at the most disadvantage.
Would be nice once in a while to see GT not being last in this type of metric. Then again, you need to EARN revenue. It’s not just given to you.Tech is # 77 2 spots above BC. I'm sure both are last in the ACC.
There is no accounting standard for these numbers. Some schools include basketball recruiting expenses in the basketball budget, others have them in a general recruiting budget, others do it differently from that. The numbers aren't accurate enough to draw much of a conclusion.Duke (115.4% above ACC median, 89.4% above average)
Kentucky (108.1% above SEC median, 88.9% above average)
The two biggest brands in college hoops are the only two programs that exceeded $20M in basketball expenditures, and it’s not hard to see why. They have the two highest-paid coaches in the country by an extremely comfortable margin. Both programs print money, though (revenue north of $35M, per the same government report), so it’s not exactly a financial strain.
Some random fun facts
- Combined basketball budget for the 21 MEAC/SWAC schools: $22,940,904
- Duke’s basketball budget: $22,178,473
- Duke’s budget is the highest in the country, but 61 schools still spend more on football.
- The top 69 programs (heh) spend more combined money than the bottom 284.
Tech is # 77 2 spots above BC. I'm sure both are last in the ACC.
