Miscellaneous wrestling info from PSU 2013-14 Annual Report to NCAA ...

[Tom McAndrew]

you can find the report at this link.

I decided to focus just on the wrestling info in the report. Below is what I found. I was most interested in the scholarship info. In fact, that's what drew me to the document. I was tempted to post just that info, but decided to go all-in, and post all of it. Keep in mind that this is just for PSU. To put this in better context, it would be best to look at the same report for comparable schools, though there's no guarantees that they use the same determinations in how they categorize revenue and expenses.

Note: this is for PSU's Fiscal Year 2014. I'm too lazy to try to figure out the dates of PSU's FY, and it does not appear to be prominently identified in the document.

Tom



Revenues/Expenses Details

Ticket Sales

Wrestling: $531,054
(puts them in 4th place at PSU, behind Football ($34,400,130), Men's Ice Hockey ($1,583,027), and men's BB ($800,579))

Contributions

"Include amounts received directly from individuals, corporations, associations, foundations, clubs or other organizations that are designated, restricted or unrestricted by the donor for the operation of the athletics program. Report amounts paid in excess of a ticket's value. Contributions shall include cash, marketable securities and in-kind contributions. In-kind contributions may include dealer-provided automobiles (market value of the use of a car), apparel and soft-drink products for use by staff and teams. Do not report pledges until funds are allocated. Report gifts and merchandise from corporate sponsorship agreements in Category 12 (Royalties, Licensing, Advertisement and Sponsorship)."

Wrestling: $255,401
(puts them in 18th place, behind Football ($7,601,672), Men's Ice Hockey ($675,581), Women's Track & Field ($462,896), Men's LAX ($433,263), Women's Ice Hockey ($424,109), Women's Swimming & Diving ($418,540), Men's BB ($381,652), Women's Soccer ($327,160), Men's Track & Field ($328,938), Women's Gymnastics ($328,481), Softball ($327,498), Women's BB ($315,928), Men's Gymnastics ($301,709), Women's LAX ($289,234), Field Hockey ($286,745), Men's Swimming & Diving ($275,942), Baseball ($275,032))

Program Sales, Concessions, Novelty Sales, and Parking

Wrestling: $59,410
(puts them in 3rd place, behind Football ($3,947,917) and Men's Ice Hockey ($585,184))

Endowment and Investment Income

"Include endowment spending policy distribution and other investment income in support of the athletics department. These categories include only restricted investment and endowment income for the operations of intercollegiate athletics; institutional allocations of income from unrestricted endowments qualify as "Direct Institutional Support."

Wrestling: $733,335
(puts them in 3rd place, behind Men's Ice Hockey ($1,620,939) and Football ($946,914))

Other Operating Income

"Less than 5% of total revenues may appear on this line. If the number is greater than 5%, please reclassify adequate revenue to the appropriate category(ies) above to bring the category to less than 5% of the total operating revenue."

Wrestling: $49,547
(puts them in 23rd place, behind Football ($6,018,951), Women's Track & Field ($255,791), Women's Ice Hockey ($211,824), Women's Swimming & Diving ($186,286), Women's VB ($178,540), Softball ($164,832), Baseball ($162,574), Women's Gymnastics ($161,402), Women's Soccer ($158,537), Men's LAX ($151,616), Men's BB ($141,016), Women's LAX (128,768), Field Hockey ($121,081), Men's Swimming & Diving ($115,728), Men's Soccer ($109,273), Women's Tennis ($89,945), Men's Gymnastics (87,180), Women's Fencing ($70,061), Women's Golf ($68,747), Men's Fencing ($64,077), Men's Tennis ($56,308), Men's VB ($54,911) -- probably should have saved some wear on my fingers and said Wrestling only bested Men's Golf and Men's Ice Hockey)

Total Operating Revenue

Wrestling: $1,628,747
(puts them in 4th place, behind Football ($68,047,543), Men's BB ($10,386,880), Men's Ice Hockey ($4,392,782))


Figures From This Point On Appear to Be Expenses

Athletic Student Aid

Wrestling -
- A) Countable Equivalency of Athletic Aid: 9.81
- B) Exhausted Eligibility or Medical Equivalency: 0
- C) Equivalencies Awarded in 2013-14 (A+B): 9.81
- Number of Students Receiving Athletic Aid: 35
- Total Dollar Amount: $311,359

Guarantees
(Include amounts paid to visiting participating institutions.)

Wrestling: $3,000
(kind of hard to categorize this, as there were no guarantees for a lot of sports)

Coaching Expenses

Wrestling: 1 Head Coach and 2 Assistant Coaches
(salaries, benefits, and bonuses paid are not provided in the report)

Support Staff Expenses

Wrestling: $60,852
(to much work to figure out where this places them at PSU, as the men's and women's team figures are in different charts)

Recruiting
"Include transportation, lodging and meals for prospective student-athletes and institutional personnel on official and unofficial visits, telephone call charges, postage and such. Include value of use of institution's own vehicles or airplanes as well as in-kind value of loaned or contributed transportation."

Wrestling: $36,566
(puts them in 8th place, behind Football ($1,391,332), Men's BB ($320,945), Women's BB ($124,663), Men's Ice Hockey ($89,776), Women's VB ($57,459), Women's Soccer ($37,740), and Softball ($36,623))

Team Travel

Wrestling: $412,862
(puts them in 6th place, behind Football ($821,141), Women's BB ($709,085), Men's BB ($701,187), Men's Ice Hockey ($562,206), Women's VB ($490,679))

Equipment, Uniforms and Supplies
"Include items that are provided to the teams only. Equipment amounts are those expended from current or operating funds."
Wrestling: $94,614
(puts them in 5th place, behind Football ($850,681), Men's Ice Hockey ($224,277), Men's BB ($187,805), and Women's Ice Hockey ($136,559))

Game Expenses
"Include game-day expenses other than travel that are necessary for intercollegiate athletics competition, including officials, security, event staff, ambulance and such."

Wrestling: $32,819
(puts them in 9th place, behind Football ($3,050,019), Women's BB ($153,890,), Men's BB ($116,082), Men's Ice Hockey ($233,938), Women's Ice Hockey ($84,990), Women's VB ($71,135), Women's Soccer ($56,966), and Softball ($35,762))

Fund Raising, Marketing and Promotion
"Include costs associated with fund raising, marketing and promotion for media guides, brochures, recruiting publications and such."

Wrestling: $22,609
(puts them in 4th place, behind Football ($120,067), Men's BB ($30,439), and Women's BB ($29,002))

Direct Facilities, Maintenance, and Rental
"Include direct facilities costs charged to intercollegiate athletics, including building and grounds maintenance, utilities, rental fees, operating leases, equipment repair and maintenance, and debt service."

Wrestling: $33,841
(puts them in 7th place, behind Football ($2,068,381, Women's BB ($418,611), Men's BB ($396,916), Baseball ($94,807), Men's Track & Field ($41,350), and Women's Track & Field ($34,167))

Membership and Dues
"Include memberships, conference and association dues."

Wrestling: $2,245
(puts them in 6th place, behind Women's Ice Hockey ($16,570), Football ($5,062), Men's VB ($4,005), Women's LAX ($4,000), and Men's Golf ($2,636))

Other Operating Expenses
"Other operating expenses include printing and duplicating, subscriptions, business insurance, telephone, postage, operating and equipment leases, non-team travel and any other operating expense not reported elsewhere. Do not include indirect administration overhead provided by the university (use Category 32) or salaries and benefits (use Categories 19 or 21). Attempt to allocate all expenses to Categories 17 through 34 before using this category. As a guide, please limit this category to 10% of total operating expenses. If the number is greater than 10%, please provide the top three categories and amounts in the comments section below."

Wrestling: $167,750
(puts them in 7th place, behind Football ($2,236,442), Men's BB ($728,307), Baseball ($517,258), Women's BB ($403,172), Men's Ice Hockey ($298,059), and Women's VB ($176,799))

Total Operating Expenses

Wrestling: $1,822,623
(puts them in 6th place, behind Football ($30,300,992), Men's BB ($5,533,370), Women's BB ($4,396,865), Men's Ice Hockey ($3,399,390), and Women's VB ($2,275,959))

Total Expenses

Wrestling: $1,822,623
(puts them in 6th place, behind Football ($30,300.992), Men's BB ($5,533,370), Women's BB ($4,396,865), Men's Ice Hockey ($3,399,390), and Women's VB ($2,275,959))

Per Capita Expenses

Wrestling: $15,437
(puts them in 7th place, behind Men's BB ($71,791), Football ($42,539), Men's Ice Hockey ($37,793), Women's VB ($28,664), Women's BB ($28,594), and Men's Golf ($16,713))

Revenue
"You must also include revenues attributable to intercollegiate athletic activities. This means revenues from appearance guarantees and options, an athletic conference, tournament or bowl games, concessions, contributions from alumni and others, institutional support, program advertising and sales, radio and television, royalties, signage and other sponsorships, sports camps, State or other government support, student activity fees, ticket and luxury box sales, and any other revenues attributable to intercollegiate athletic activities. This is calculated from data entered earlier in the system."

Wrestling: $1,628,747
(puts them in 4th place, behind Football ($68,047,543), Men's BB ($10,386,880), and Men's Ice Hockey ($4,392,782))

Expenses
"Expenses attributable to intercollegiate athletic activities. These include appearance guarantees and options, athletically related student aid, contract services, equipment, fundraising activities, operating expenses i.e.(game-day expenses), promotional activities, recruiting expenses, salaries and benefits, supplies, travel, and any other expenses attributable to intercollegiate athletic activities. This is calculated from data entered earlier in the system."

Wrestling: $1,822,623
(puts them in 6th place, behind Football ($30,300,992), Men's BB ($5,533,370), Women's BB ($4,396,865), Men's Ice Hockey ($3,399,390), and Women's VB ($2,275,959)


This post was edited on 2/13 2:43 PM by Tom McAndrew

 

[Tom McAndrew]

if you checked this earlier ...


I added a good bit of info at the end of the post.

basically, it was a huge amount of data and info to enter, and I was concerned that I would lock my system, or encounter some other issue that caused all my efforts to be wasted. So, I made the post when I was only about halfway through what I wanted to post.

I hope some of you find it interesting.

Tom

 

[PSU Mike]

Re: if you checked this earlier ...

Thanks, Tom.

 

[barndog42]

Ok Tom the "keep it in Rec hall" crowd will love the ticket sales number but the "season ticket have nots" crowd who would love to come see live wrestling more would love a move to the BJC. Is it better to stay in Rec Hall and see 5,600 or move to BJC and see 10,000 a match? now that is the question...I admit I am not a season ticket holder though I do come to about 2-3 a year (mostly due to my sons wrestling schedule) thanks to a very good friends with season tickets.
I like Rec Hall but there is something about going to see a match with 16,000 of your best friends yelling and watching the team wrestle.

 

[El-Jefe]

To summarize:

- Strong endowment and overall program support.
- Lost $194k last year, but good revenue and we all know tickets are under-priced. Opportunity to close that gap.
- 35 wrestlers receiving at least partial athletic aid, but still team within the 9.9 cap.

 

[BruceK-PSU83]

Surprised that 35 guys received aid. I thought that number would be considerably less, maybe in the 20-25 range.

 

[JimNazium]

Very interesting....Thanks for providing that info Tom- I haven't ever seen such a detailed report about the wrestling team. Jefe...where did you see that the team lost 194k last season? That really surprises me, as does the number of kids receiving athletic aid and the travel expenses.

 

[El-Jefe]

From the bottom of Tom's original post (omitting PSU's lengthy text descriptions):


Revenue
Wrestling: $1,628,747

Expenses
Wrestling: $1,822,623

 

[SetonHallPirate]

If I had to guess, the $3,000 in guarantees was paid out to Lock Haven, in lieu of them hosting Penn State as part of a home-and-home series (Lock Haven is the only nonconference home opponent that was not visited in either the season before or after). Generally, guarantee money is only paid out for basketball and football, but I guess it shouldn't be a major surprise that Penn State draws enough to make a guarantee feasible in lieu of wrestling home-and-away, particularly as Lock Haven's only expenses are likely gas and meal money.

I do have to admit, I'm pretty surprised that there wasn't a similar guarantee paid TO Penn State last year, which would have been figured into this report, for the nonconference dual against Iowa, unless there was a deal to wrestle Iowa at Rec Hall next time they need to wrestle as a nonconference dual, which should be either next year or the following, I'm not sure which because the Big Ten reset the scheduling rotation starting this year, concurrent with Maryland and Rutgers' entry into the league.

 

[El-Jefe]

To comment on a few other things above:

PSU Fiscal Year = July 1 thru June 30. It's the closest match of the academic year to calendar quarters.

BJC: 10k at BJC

 

[El-Jefe]

PSU and Iowa don't face each other next year ... yet.

 

[SetonHallPirate]

Originally posted by El-Jefe:
PSU and Iowa don't face each other next year ... yet.

Well, they haven't released the conference schedule for next year, as far as I know. My point was, maybe there's an agreement that, next time they don't wrestle a conference dual against each other, they wrestle at Rec Hall. That's the only thing I could think of in terms of there being no guarantee paid to Penn State by Iowa, and that would be significantly more than the $3,000 dollars that Penn State paid out in guarantees that year, given flight and hotel costs.

 

[NoVa Lion]

Originally posted by El-Jefe:
To comment on a few other things above:

PSU Fiscal Year = July 1 thru June 30. It's the closest match of the academic year to calendar quarters.

BJC: 10k at BJC

 

[Tom McAndrew]

a possibility ...

Originally posted by El-Jefe:

35 on aid: Yeah, that shocked me too -- that's the entire roster. Either it's an admin mistake, or PSU chose to report the entire roster instead of publicly disclosing the number of athletes on athletic aid, or a bunch of guys are getting book money.

I'm still surprised by that number. I thought it was lower.

Since the report is based on the FY, it's possible that the aforementioned number contains guys that graduate in May as well as guys that start their PSU time in June. If so, then perhaps that explains, at least in part, the number being larger than expected.

It may also be, as you suggested, that the pie has many more slices than any of us realized.

I guess an administrative mistake is also a possibility, but it's kind of hard to believe that the AD office would put such specificity in the report, and yet make a mistake like that.

Tom