Thursday, April 17, 2008

Few certainties in life . . . A-10 Basketball and Taxes


This website has a bunch of interesting financial figures from major (basketball and football) conferences.

A couple observations:
- Linda Bruno herself made more than 11 of 14 A-10 teams received from revenue sharing in 2006.
- Television and advertising expenses ($987,200) exceeded television and advertising income ($963,600)

Summary of A-10 numbers after the jump

2006 - 990 Tax Statements for A-10

Conference ATLANTIC 10 BASKETBALL
Income NCAA tournaments $3,892,500
Atlantic 10 basketball tournaments $1,520,400
Television and advertising $963,600
Sponsorships $562,400
Dividend income $119,500
Expenses Conference revenue sharing $1,969,900
Championship administration $1,647,900
Conference revenue sharing – member dues $1,500,000
Salaries, payroll taxes, benefits $1,193,400
Television and advertising costs $987,200
NCAA student opportunity assistance $635,200
NCAA student special assistance $391,500
Meetings/convention/travel $341,900
Sponsorship commissions/expenses $275,200
Officials bureau $197,600
Rent and utilities $129,800

Revenue split
Xavier $500,917
St. Joseph’s $469,960
Temple $392,094
George Washington $290,210
Dayton $286,887
Richmond $215,840
LaSalle $203,114
Charlotte $194,221
Massachusetts $185,481
St. Bonaventure $184,425
Rhode Island $176,845
Duquesne $157,711
Fordham $145,042
Saint Louis $67,161

Total $3,469,908
Average $247,851

Commissioner Comp Linda Bruno
Compensation $291,792
Benefit plans and deferred compensation $29,179
Expense account/other allowances $9,000

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