Daily Archives: February 9, 2012

Alabama athletics profit down, still printing money

The state of Alabama faces huge budget cuts and major revenue short falls. Significant cuts are coming, lawmakers promise.

2009-'11. Click to enlarge.

The University of Alabama athletics department, however,  is still making big money in a tough economy. Profits, though down 44 percent from the BCS-title aided 2010 numbers, still totaled $13.9 million last year.

Revenues only dipped about $6 million while expenses rose by $11.6 million from 2010 to 2011, according to documents the university filed with the NCAA.

The only expenses that jumped by more than a million were facilities maintenance (up $6.3 million to $24.6 million)  and support staff salaries/benefits/bonuses (up $2.6 million to $18.1 million).

Football still drove the machine.

Revenues from the sport totaled $78.3 million — up $5.5 million from the previous year — as ticket sales and contributions jumped from 2010 levels. The only significant drop came in the royalties and licensing department. That revenue fell back down to$546,574 after making $2.5 million immediately following the 2009 national title.

Profits by sport. Click to enlarge.

In all, the football program brought in $46.5 million more than it spent in 2011 after making $40.8 in 2010.

The men’s basketball team was also profitable.

It finished the year $4.4 million in the black a year ago.

The other sports lost money. The Tide women’s basketball lost $2.4 million while the other programs netted a  $10.4 million loss.

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Saban, Cauley well behind at Pebble Beach Pro-Am

Nick Saban in the sandy beach at Pebble Beach (AP photo)

The pairing of Alabama’s football coach and former star golfer at the AT&T Pebble Beach National Pro-Am finished under par in Round 1.

AP photo

Just not far enough to make much of an impact on the leaderboard in Northern California.

Nick Saban and Bud Cauley combined to shoot a 4-under 68 in the opening day of the event. That left the Alabama pairing tied for 79th.

The two are nine shots off the lead shared by two teams who shot a 57 on Thursday.

Click here for the complete leaderboard on PGA.com.

It’s not all about the Pro-Am for Cauley, who is in his second year as a professional on the PGA Tour.

He’s currently 1-over and tied for 114th among the professionals. You can click here for that leaderboard.

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Contract approved for UA athletics second-in-command

The compensation committee of the University of Alabama’s board of trustees just approved the contract for the second-highest ranking member of the athletics department.

Shane Lyons, deputy director of athletics, will make $265,000 a year to run the day to day operations of the Crimson Tide department.

He replaced Dave Hart who took the athletics director position at Tennessee last fall. Lyons was a former official with the ACC and the NCAA.

Finus Gaston, the CFO for UA athletics, presented the contract to the compensation committee this afternoon instead of athletics director Mal Moore.

Click here to read the PDF of Lyon’s contract.

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Inside look at Alabama basketball turnaround

Today we look at the sudden change of fortunes for the Alabama basketball team, now on a three-game winning streak. This is the print-edition story:

For weeks, Alabama’s basketball team staggered through SEC play without an identity.

Even the two wins that followed four straight losses were a struggle. Just when the suspension of second-leading scorer Tony Mitchell threw in another twist, something clicked.

And the Crimson Tide snapped back into place.

Turning to its depth, Alabama used its retooled formula to rediscover its November rhythm. The result — a 68-50 pounding at Auburn on Tuesday night — brought the smiles back to the short-handed team. The Tide also appeared to turn that troublesome corner that threatened postseason possibilities.

Bench production played a huge part in the turnaround for Alabama (16-7, 5-4 SEC). Reserves recorded an average of 31 points in the three-game winnings streak — 44 percent of the total scored in that span.

And the heroes were not necessarily on pregame scouting reports.

Sophomores Carl Engstrom and Charles Hankerson joined freshman Rodney Cooper in supplying energy bumps and scoring surges at critical moments at Auburn.

Engstrom, the 7-footer from Sweden, went first to chip in the most surprising contribution of the night. He hadn’t left the bench in six games, so his entry five minutes into the contest was especially notable.

Scoring four quick points gave Engstrom a career high, though it was his defense that changed the game. Auburn center Rob Chubb opened the game with four straight jumpers, but Engstrom’s imposing presence kept him from getting the ball often after that.

Click here to read the whole story.

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