ADVERTISEMENT

Oklahoma State athletics ended 2021 fiscal year with $14 million deficit, projects brighter 2022 outlook

Oklahoma State athletics ended 2021 fiscal year with $14 million deficit, projects brighter 2022 outlook​

Scott Wright
Oklahoman

STILLWATER — Though Oklahoma State athletic officials made significant budget cuts to brace for the financial battle caused by the COVID-19 pandemic, the athletic department concluded the 2021 fiscal year with a $14.1 million deficit.

All major university athletic departments were hit hard by the pandemic, and that was reflected at OSU by the significant loss in revenue from the previous year, according to documents obtained by USA Today and The Oklahoman.

For the fiscal year of 2021, which ended last June, OSU reported revenue of approximately $64.5 million, down from $93.6 million in the 2020 fiscal year.

The 2020 fiscal year was mildly impacted by the pandemic, particularly with the loss of the Big 12 and NCAA basketball tournaments. But the 2021 fiscal year, which included the 2020 football season, was hit much harder.

Only 25% of seats at Boone Pickens Stadium were filled for football games because of pandemic limitations in place during 2020, which triggered a revenue dip in a variety of areas.

OSU reported athletic operating expenses of roughly $78.7 million for the 2021 fiscal year. That follows $92.5 million in athletic operating for 2020 and $95 million for 2019.

“We cut approximately $18 million from a typical annual budget to get to that number,” OSU senior associate athletic director Kevin Klintworth told The Oklahoman. “The list of revenue streams that were interrupted is endless. Shorter seasons, limited capacity at every venue, losses in sponsorships, ticket sales, concessions, conference revenue, reduced television revenue, parking.

“No revenue stream hit its level from previous years.”

In ticket sales alone, OSU saw a drop from $13.5 million in revenue in 2020 to $4.1 million in 2021. Contributions to the athletic department were down nearly $6 million in 2021.

Klintworth said OSU used “available funds on hand to navigate the shortfall.”

Though the financial numbers from OSU’s 2021 football season are not yet available, the university’s outlook for a return to a full and balanced budget in 2022 is promising.

“Our projections are that we will end this fiscal year with a balanced budget operating with our typical level of annual expenses,” Klintworth said.

275 Trillion


So the article says it will cost $275 Trillion between now and 2050 to solve climate change. Also says if we do nothing, that the ecomonic impact of climate change will be $22T/year. Seems like a pretty small savings vs. alternative ways to spend that money to me. $275 Trillion building new airports, roads, railways, CNG power plants and transmission lines, etc around the world would, in my estimation, create significantly greater impact than just $22T/year. Does it make me a science denier if I question whether the opportunity cost of $275T spent on climate change is worth the benefit?

Don't watch the NFL anymore but....

May have found a dog in the hunt. Also like me some Cole Beasley as he's spoke out against all the Plandemic Bull ma sheet

NCAA tournament predictions/scoring

I started this thread to discuss how the Cowboys stack up in predicted tournament points and what would have to happen to make up the difference between teams above us.

Placement points
1st: 16
2nd: 12
3rd: 10
4th: 9
5th: 7
6th: 6
7th: 4
8th: 3

Advancement points:
Championship: 1
Wrestleback: 0.5

Bonus:
Fall: 2
Tech fall with NF: 1.5
Tech fall no NF/MD: 1

Last year we had a chance to finish 2nd ahead of Penn State if they had zero championships and we had 2.

Penn State finished with 113.5
Oklahoma State finished with 99.5

Penn State reversed their Big 10 losses at 141 and 174. That gained them 8 points.
RBY beat Daton that gained them a net 8 points on us.
184 Brooks won in OT versus Hidlay for another 4.
All of these are results that easily could have flipped the other way.
If they would have flipped we finish at 103.5 and Penn State finished at 97.5.

If you win your finals match do you get the 1 point advancement also? I’ve always been confused on that. Say Daton beats RBY by Dec, would it be plus 4 for 1st place and plus 1 for advancement for a total of plus 5?

With no bonus included currently Flo rankings show:
Penn St 112.5
Iowa 91.5
Michigan 77.5
Oklahoma State 70

How do we make up 42.5 points?

Biden Weighs Deploying Thousands Of Troops To Eastern Europe & Baltics


The president is also considering deploying warships and aircraft to NATO allies, in what would be a major shift from its restrained stance on Ukraine.


We've seen this game before, and it never works out well for the people. Hopefully this is just Biden trying to puff his puny chest and he doesn't escalate the situation with American lives.

Indoor Rowing Machines?

Any of you workout warriors use an indoor rowing machine consistently? I used a friend’s recently purchased Ergatta a few nights ago and absolutely loved it, but it is the only rower I have used other than the Concept 2. I think a rowing machine might be something I could actually commit to consistently.

Pros/cons of rowing?
Other machines that should be considered?

TIA and Merry Christmas!

OSU quarterback Shane Illingworth enters transfer portal, leaves Cowboys with two scholarship QBs

OSU quarterback Shane Illingworth enters transfer portal, leaves Cowboys with two scholarship QBs​

Scott Wright
Oklahoman

STILLWATER — After two seasons at Oklahoma State, quarterback Shane Illingworth has entered the transfer portal, according to multiple reports on Monday.

Illingworth’s departure leaves the Cowboys thin at quarterback for the coming season. Starter Spencer Sanders has two years of eligibility remaining, but behind him, incoming freshman Garret Rangel is the only scholarship quarterback on the roster.

Gunnar Gundy, who redshirted as a freshman this past season, and sophomore Peyton Thompson are walk-ons.

The backup quarterback role has been an important one during Sanders’ time as starter. He has missed most or all of eight games over the past three seasons because of health issues.

Quarterback Shane Illingworth (16) became the 12th Oklahoma State football player to enter the transfer portal.


Illingworth, a 6-foot-6, 230-pound sophomore from Norco, California, appeared in eight games over two seasons at Oklahoma State, quarterbacking the Cowboys to victories against Tulsa, West Virginia and Kansas in 2020, and against Missouri State in 2021.

A four-star recruit out of high school, Illingworth has four years of eligibility remaining.

He is Oklahoma State’s 12th scholarship player to enter the transfer portal since mid-December.

Illingworth, a 6-foot-6, 230-pound sophomore from Norco, California, appeared in eight games over two seasons at Oklahoma State, quarterbacking the Cowboys to victories against Tulsa, West Virginia and Kansas in 2020, and against Missouri State in 2021.

A four-star recruit out of high school, Illingworth has four years of eligibility remaining.

He is Oklahoma State’s 12th scholarship player to enter the transfer portal since mid-December.

Really? We're just figuring out we need an energy plan?


The link above is not breitbart or some other right-wing rag reporting that the White House does not have an plan for dealing with Europe's energy dependence on Russia while spending the last 3 months talking about Russia at the Ukraine doorstep? In my Mike Pence post last week, I highlighted that the current White House is disorganized and ill-prepared, and that it showed with the Afghan withdrawal, the lack of foresight for acquiring Covid tests, etc. I add the article above as yet another example of this being a myopic administration.

Rasmussen: Poll: Only 19 Percent Strongly Approve of Joe Biden’s Performance, 49 Percent Strongly Disapprove

Only 19 percent of likely voters strongly approve of President Joe Biden’s performance, down three points in two weeks, a Monday Rasmussen poll revealed.

After Biden’s two-hour press conference last week in which he was questioned why 49 percent of voters believe he is mentally unfit to be president, 49 percent also strongly disapproved of Biden’s presidential performance, a 30 point differential.

But remember, this demented pedophile pulled down more votes than Barack Obama.

ADVERTISEMENT

Filter

ADVERTISEMENT