So USA Today has updated its financial database for the 2016-17 financial year. If you, uh, recall that year, it wasn’t all that impressive for Mizzou, on the field or in the fundraising department. Consequently, among the 13 public SEC institutions, Mizzou came in last in total revenue.
Ticket sales plummeted for Missouri in 2017. It’s total count of $17,993,862 dropped six percent from its 2016 haul of $19,152,889. The 2017 sum was the lowest since 2007, helping to negate gains in contributions (up 18 percent) and rights and licensing fees (up 3.2 percent). When factoring in school funds and other sources, Missouri’s revenues climbed slightly (0.06 percent) from 2016.
Its expenses were much higher. By making Cuonzo Martin the highest paid men’s basketball coach in school history, the Tigers spent $41,907,482 on coaching salaries in 2017, up 12 percent from 2016. The new softball stadium added costs to facilities and overhead, which cost Missouri $21,007,061, up 29 percent from 2016.
A couple of quick reactions:
- I’m guessing these figures will be a decent amount better for 2017-18, what with people donating and actually attending Mizzou Basketball games again.
- This is the company you keep in the SEC, and we knew it coming in. Mizzou’s $97 million, as shaky as it seems compared to current neighbors, would have ranked fourth among the nine Big 12 public institutions, behind only Texas, Oklahoma, and, impressively, WVU. It’s all how you turn the prism, I guess.
Yesterday at Rock M
- Xavier Pinson is looking good? Okay yeah I’ll take that.
- Jontay Porter’s return makes the SEC even better next year, and it was already going to be pretty damn good.
- We have CRAAAAAAAAAAANES.
- Drew Lock: the No. 7 quarterback in the country, per Paul Myerberg.
- Alyssa Munlyn: preseason all-SEC.
- Larissa Anderson signed another Mizzou Softball assistant.
- Okay, so ... this is certainly something to watch going forward. Former Mizzou track assistant CarJay Lyles has filed a racial discrimination lawsuit against head track coach Brett Halter. The allegations are off-putting, and Mizzou has of course denied everything. We’ll see where it goes, I guess.
The University of Missouri issued a lengthy statement in regards to the lawsuit, including this: "We deny that there was any racial discrimination or retaliation, and we will respond to Mr. Lyles' claims in court."— Dave Matter (@Dave_Matter) June 28, 2018