As a supplement to my previous post, here is a little backstory and data.
Duke - Equity in Athletics Team Information (2015)
Total Expenses (Men’s and Women’s Teams): $91,174,723
Total Revenues (Men’s and Women’s Teams): $91,688,202
Total Expenses (Women's Teams): $18,611,140
Total Revenues (Women's Teams): $15,897,197
Total Expenses (Women’s Basketball): $5,511,458
Total Revenues (Women’s Basketball): $3,194,313
Grand Total Revenue minus Grand Total Expenses (2015):
+$513,479
Total Revenues for Women’s Sports minus Total Expenses for Women’s Sports (2015):
-$2,713,943
Total Revenues for WBB minus Total Expenses for WBB (2015):
-$2,317,145
(Source:
Equity in Athletics Team Information (2015))
Duke - Equity in Athletics Team Information (2018)
Total Expenses (Men’s and Women’s Teams): $108,585,925
Total Revenues (Men’s and Women’s Teams): $108,585,925
Total Expenses (Women's Teams): $24,539,320
Total Revenues (Women's Teams): $19,732,911
Total Expenses (Women’s Basketball): $6,940,064
Total Revenues (Women’s Basketball): $3,810,612
Grand Total Revenue minus Grand Total Expenses (2018):
$0
Total Revenues for Women’s Sports minus Total Expenses for Women’s Sports (2018):
-$4,806,409
Total Revenues for WBB minus Total Expenses for WBB (2018):
-$3,129,452
(Source:
Duke - Equity in Athletics Team Information (2018))
***It should be noted that Duke added women's softball for 2018, meaning there were 11 women's sports for 2015 and 12 women's sports for 2018. For 2018, women's softball expenses were $1,344,166, with revenues of $807,718. If we just compare the 11 sports that were in existence in both 2015 and 2018, this is the result:
Duke - Equity in Athletics Team Information (2018)
Total Expenses (Men’s and Women’s Teams, not including softball): $107,241,759
Total Revenues (Men’s and Women’s Teams, not including softball): $107,778,207
Total Expenses (11 Women's Teams, not including softball): $23,195,154
Total Revenues (11 Women's Teams, not including softball): $18,925,193
Total Expenses (Women’s Basketball): $6,940,064
Total Revenues (Women’s Basketball): $3,810,612
Grand Total Revenue (not including softball) minus Grand Total Expenses (not including softball)(2018):
+$536,648
Total Revenues for 11 Women’s Sports (not including softball) minus Total Expenses for 11 Women’s Sports (not including softball) (2018):
-$4,269,961
Total Revenues for WBB minus Total Expenses for WBB (2018):
-$3,129,452
(Source:
Duke - Equity in Athletics Team Information (2018))
In other words...
- For 2015, women's basketball was an incredibly large percentage of expenses for all 11 women's sports at Duke (29.61 percent), did not bring in a corresponding percentage of revenue (20.09 percent), and represented the overwhelming majority of the deficit when examining total revenues minus total expenses (85.38 percent).
- For 2018, women's basketball represents an incredibly large percentage of expenses for women's sports at Duke (over 28 percent, for all 12 women's sports; nearly 30 percent without softball), does not bring in a corresponding percentage of revenue (19.3 percent, for all 12 women's sports; 20.13 percent without softball), and still represents the majority of the deficit when examining total revenues minus total expenses (65.11 percent, for all 12 women's sports; 73.29 percent without including softball).
Given all of the expenses for athletics at Duke, the lack of a large net margin/income (in terms of Grand Total Revenue minus Grand Total Expenses), the percentage of expenses for women's sports that is spent for women's basketball, and the overwhelming percentage of the deficit of women's sports attributable to women's basketball, I cannot see Duke Athletics spending an additional $600,000 per year for each of the next two years for a new WBB head coach while still paying approximately $900,000 or so for each of the next two years to Coach P, per her contract.
If my math is off, please feel free to let me know (and to show me where the data/information is incorrect so that any errors may be fixed).