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Five-star defensive lineman Justus Terry shocked the college football world by signing to Texas after Georgia was the long-term favorite since he decommited from USC in March. His reason for going with the Longhorns is what college football has come to.
On3's Chad Simmons explain why Terry committed to Texas over Georgia, “I don’t know how else to say it—just a straight-up better NIL package." The Bulldogs and Longhorns have battled over several defensive linemen on the recruiting trail recently. With Texas landing Terry and Ohio State transfer Hero Kanu.
"Justus (Terry) had the better, much longer connections in Athens with Tray Scott, Kirby Smart, Glen Schumann and multiple off-field staffers. He had been there to Athens too many times to count," added Simmons. Recruiting is no longer as much about personal connection and player development as it is about money in many cases.
UGA athletic finances: Georgia football spends significantly less on recruiting in 2024
Athens Banner-Herald
Georgia's football recruiting spending decreased by $1.18 million in the 2024 fiscal year, totaling $4.09 million.
Tennessee and Alabama surpassed Georgia's previous recruiting spending record, reporting $5.38 million and $5.27 million, respectively.
Georgia's overall athletic department revenue reached a record $241.8 million, resulting in a $47.5 million operating surplus.
Georgia football’s recruiting spending decreased significantly in 2024, according to the school’s NCAA financial report from the 2024 fiscal year. The drop comes after back-to-back record-high numbers in the sport.
Georgia reported $4.09 million in expenses for the period of July 1, 2023, through June 30, 2024, down about $1.18 million. In fiscal year 2022, Georgia spent $4.51 million not adjusting for inflation.
Coach Kirby Smart and staff signed the nation’s No. 1 recruiting class in 2024. The 12 months would cover recruiting for that class and laying the groundwork for the second-ranked class signed this past December.
At least three other football programs topped Georgia in recruiting expenses for FY2024, including two that surpassed Georgia’s record number of $5.26 million from FY2023: Tennessee at $5.38 million and Alabama at $5.27 million. Texas A&M reported $4.13 million.
Recruiting expense totals cover transportation, lodging and meals for recruits, and school personnel on official and unofficial visits.
Need a break? Play the USA TODAY Daily Crossword Puzzle.
Georgia’s total operating revenue set another school record of $241.8 million and its operating expenses were $194.3 million. The revenue jumped $31.7 million from the previous fiscal year as expenses rose $7.7 million.
The $47.5 million operating surplus is up $24 million. The school says if $46.3 million in expenses for capital projects for facilities funded by contributions to the Magill Society were included as well as $4.5 million contributed to the university, Georgia's surplus would be about $1.8 million after accounting for $5.1 million in investment income.
Georgia reported $101.4 million in contributions, up from $75.9 million in the previous fiscal year with women’s team contributions going from $6.6 million to $30.7 million — including $14.4 million for softball and $11.5 million for tennis.
Georgia’s total revenue trails Texas ($331.9 million), Texas A&M ($266.4 million) and Ohio State ($254.9 million) among schools whose fiscal year reports have been released publicly. Georgia is just ahead of Michigan ($238.9 million).
On the expense side, Georgia’s direct overhead and administrative expenses rose nearly $5.4 million to $25.8 million.
— Football support staff expenses grew from $7.48 million to $8.13 million.
— Baseball ticket sales rose from $371,420 to $911,665 under first-year coach Wes Johnson.
_______________________________________________________________________________
Champagne Mike Adams looks better now in retrospect.
Five-star defensive lineman Justus Terry shocked the college football world by signing to Texas after Georgia was the long-term favorite since he decommited from USC in March. His reason for going with the Longhorns is what college football has come to.
On3's Chad Simmons explain why Terry committed to Texas over Georgia, “I don’t know how else to say it—just a straight-up better NIL package." The Bulldogs and Longhorns have battled over several defensive linemen on the recruiting trail recently. With Texas landing Terry and Ohio State transfer Hero Kanu.
"Justus (Terry) had the better, much longer connections in Athens with Tray Scott, Kirby Smart, Glen Schumann and multiple off-field staffers. He had been there to Athens too many times to count," added Simmons. Recruiting is no longer as much about personal connection and player development as it is about money in many cases.
UGA athletic finances: Georgia football spends significantly less on recruiting in 2024
Athens Banner-Herald
Georgia's football recruiting spending decreased by $1.18 million in the 2024 fiscal year, totaling $4.09 million.
Tennessee and Alabama surpassed Georgia's previous recruiting spending record, reporting $5.38 million and $5.27 million, respectively.
Georgia's overall athletic department revenue reached a record $241.8 million, resulting in a $47.5 million operating surplus.
Georgia football’s recruiting spending decreased significantly in 2024, according to the school’s NCAA financial report from the 2024 fiscal year. The drop comes after back-to-back record-high numbers in the sport.
Georgia reported $4.09 million in expenses for the period of July 1, 2023, through June 30, 2024, down about $1.18 million. In fiscal year 2022, Georgia spent $4.51 million not adjusting for inflation.
Coach Kirby Smart and staff signed the nation’s No. 1 recruiting class in 2024. The 12 months would cover recruiting for that class and laying the groundwork for the second-ranked class signed this past December.
At least three other football programs topped Georgia in recruiting expenses for FY2024, including two that surpassed Georgia’s record number of $5.26 million from FY2023: Tennessee at $5.38 million and Alabama at $5.27 million. Texas A&M reported $4.13 million.
Recruiting expense totals cover transportation, lodging and meals for recruits, and school personnel on official and unofficial visits.
Need a break? Play the USA TODAY Daily Crossword Puzzle.
Georgia’s total operating revenue set another school record of $241.8 million and its operating expenses were $194.3 million. The revenue jumped $31.7 million from the previous fiscal year as expenses rose $7.7 million.
The $47.5 million operating surplus is up $24 million. The school says if $46.3 million in expenses for capital projects for facilities funded by contributions to the Magill Society were included as well as $4.5 million contributed to the university, Georgia's surplus would be about $1.8 million after accounting for $5.1 million in investment income.
Georgia reported $101.4 million in contributions, up from $75.9 million in the previous fiscal year with women’s team contributions going from $6.6 million to $30.7 million — including $14.4 million for softball and $11.5 million for tennis.
Georgia’s total revenue trails Texas ($331.9 million), Texas A&M ($266.4 million) and Ohio State ($254.9 million) among schools whose fiscal year reports have been released publicly. Georgia is just ahead of Michigan ($238.9 million).
On the expense side, Georgia’s direct overhead and administrative expenses rose nearly $5.4 million to $25.8 million.
— Football support staff expenses grew from $7.48 million to $8.13 million.
— Baseball ticket sales rose from $371,420 to $911,665 under first-year coach Wes Johnson.
_______________________________________________________________________________
Champagne Mike Adams looks better now in retrospect.
