Still no official word from NIU? A friend told me he’d read some “online chatter” indicating that NIU was getting “hesitant about leaving the MAC.” I saw one article that said essentially this about ten days ago, but nothing since. Not sure what to make of the silence. Anybody with any insight?
I tried to dig into Mountain West finances and it might make sense for them financially, (still skeptical about the cost of all that travel, lodging, etc) because by a lot of accounts they currently operate at the largest deficit in the MAC. (-$3M)
Mountain West schools receive around $6 million annually, with nearly $4 million coming from media value. Median is about $5M, Boise pulls up the average. All but one Mountain West team — San Diego State with a deficit of -$1,348,615 — logged a fiscal profit. Fresno State was around $7M for comparison.
https://nevadasportsnet.com/news/reporters/how-the-mounta... MAC teams are paid about $1.5-2.5M from ESPN for MACtion. I'm guessing OU is at the high of that.
Combing through about a million articles it looks like, OU had around $80K in profit from football. They're always hovering around a net profit, though never enough to make any big spends. A lot of projections seem the same. $7M-8M revenue. Roughly $7M-$8M in spend.
NIU is currently operating at around a -$3M deficit. Only one of the schools who showed a profit from football, Ohio University, ended up showing an overall profit in the athletic department. $1.3M.
https://businessofcollegesports.com/finance/how-does-the-... /
So by my calculations, at the end of the day they might not be wearing diamonds and fur, but the additional $3M or so they could get from the MWC could at least get them out of an operational shit show.
Last Edited: 1/3/2025 10:04:31 AM by M.D.W.S.T