Wednesday, April 6, 2011

News and Notes: Wednesday Edition

Below, some news and notes for Wednesday...

  • Above, some figures from the 2010-2011 season. Cornell has the Ivy League's second largest basketball budget behind Penn. (Statistics courtesy After leading the Ivy League in attendance for three consecutive seasons during 2007-2008 through 2009-2010, the Big Red had the league's third highest attendance during 2010-2011, only behind Penn and Princeton. (Statistics courtesy the Ivy League office)
  • Several Cornell coaches and players have tweeted regularly in the last few days as they have returned back to the full swing of the individual workout sessions with the coaching staff.
  • On Sydney Johnson's hiring at Fairfield, the Princeton Alumni Weekly writes, " His first Tiger team stumbled to a 6-23 record, but from that point forward, the program made a steady climb in the Ivy standings. In 2009-10, the Tigers finished 22-9 overall and 11-3 in Ivy games, placed second behind Cornell." The Daily Princetonian adds, "In his second season, Princeton snapped Cornell’s 19-game conference-winning streak with a 61-41 thrashing at Jadwin Gymnasium." The Princetonian adds, "Since 1980, 17 of 38 Ivy League head coaches left their program after four years or fewer, not counting the seven that are currently active. In most cases, however, the departure was easily explained. Six left to lead major-conference programs, seven finished with a losing record in each of their final two seasons and Cornell’s Scott Thompson left for health reasons."
  • On whether Brad Stevens will remain at Butler, the Huffington Post writes, "A hot coaching candidate springs up every year. Bill Self ascended from Oral Roberts to Tulsa to Illinois and now to Kansas; Billy Donovan from Marshall to Florida; Steve Donahue from Cornell to Boston College. It’s just the nature of the college basketball beast."
Above, Jeff Foote ('10) is presented with a pizza by one of his pro club's (Melilla Balancesto, Spanish 2nd Division) corporate sponsors.


Anonymous said...

The expense summary is interesting. Does that include a coach's salary, which - at least for Cornell - I believe is endowed (and presumably therefore off-budget)?

The Cornell Basketball Blog said...

My understanding is that gifts are not included, nor are Cornell's revenues from the Sweet 16 appearance from a year ago.

And yes, Cornell's head coaching position is endowed.

Anonymous said...

Cornell's revenues from the Sweet 16 appearance are shared evenly with the other members of the league, one-eighth to each.

The Cornell Basketball Blog said...

That is not accurate and the Sweet 16 appearance resulted in a whole lot of donations.

Anonymous said...

CBB, that was a fascinating non sequitur you just posted. It's almost as if you feel defensive somebody would suggest, even obliquely, that Cornell did not directly benefit financially from winning two basketball games. I'm not sure why you find that so threatening, but I'll concede that some alumni were probably sufficiently excited to open their checkbooks.

Anyway, back to my point. I should have stated my prior message more narrowly. I should have said, "Virtually every collegiate athletic conference in the country, big or small, shares NCAA tournament revenue evenly among all its members."

If you know for a fact that the Ivy League is a singular exception to this near-universal policy, pray tell.

Anonymous said...

After covering Cornell expenses, and the cut that the league gets, I believe NCAA tournament revenue is split evenly.

Of course the three year run culminating in the Sweet 16 appearance generated other kinds of revenue and donations, but the NCAA money is split evenly.

The P's (or at least their fans) have complained about that for years.

Anonymous said...

Aren't the revenues from the first game in the tournament fairly evenly distributed? It was only once Cornell advanced that they were able to take a more sizable chunk of the additional revenue from the other 2 games?

The Cornell Basketball Blog said...

Perhaps should have been more specific, yes, the revenues derived directly from the NCAA are shared.

But Cornell has received cash from other revenue sources since the appearance in the Sweet 16--- among them including merchandise sales, book sales, and alumni donations (just to name a few). In short, Cornell made a whole lot of cash last year, most of which was not shared with the other Ivies.

Anonymous said...

So you're saying that Cornell does not share its alumni donations with the other Ivies? Got it.

That's too bad because I wouldn't mind getting one-eighth of Harvard's alumni donations.

The Cornell Basketball Blog said...

Harvard's basketball program is poorly funded. If you think otherwise, check out their facilities.

Just because Harvard has a large endowment, does not mean that the University is able to spend the dollars wherever and whenever it wants.

And as a reminder, since you selectively chose to skip the information, Cornell does not have to share merchandising rights, and Cornell did sell a whole lot of Sweet 16/Tournament merchandise last year and this year, including book sales.

The NCAA revenue is just a small portion of the dollars that poured into the University.

Anonymous said...

This week, the Brown Daily Herald ran a short series on Ivy League athletic budgets. Some of the most interesting data presented is average coaching salaries.

I think that a fair amount of skepticism should be used in comparing information across institutions with different accounting policies but, on the face of it, Cornell compares extremely well.

Cornell has the highest average coaching salary at $91,368. Moreover, I think that Ithaca must be by far the lowest cost Ivy city in which to live. On COLA basis, it appears that Cornell pays its coaches comfortably better than other Ivies do.