Kirby Smart is just plain good for business at Georgia as much as the head coach is for the Bulldogs on the field.
Like, really good for business.
The Athens Banner-Herald recapped a number of the financial figures for UGA athletics’ recently approved 2020 budget and while the overall $153.89 million figure was notable and the projected $44.5 million distribution from the SEC Network somewhat striking, it was one nugget buried in the story that was really eye-opening:
‘Fueled by the football team’s success the last couple of seasons under coach Kirby Smart, donors have contributed about $140 million total over the last two years.’
$140 million over two years!
“Sustainability in college athletics is an ongoing challenge and we are fortunate to be one of the few institutions being on solid ground,” AD Greg McGarity told the board.
We’ll say. That $140 million figure over two years is slightly more than what fellow SEC peers Kentucky and South Carolina brought in just last year in terms of total revenue, per USA Today’s finances database, and even if you split it in two is still a figure that greatly exceeds most Group of Five programs entire budget. And keep in mind this is just donations for the Bulldogs, not revenues from media deals, ticket sales and other items.
Given that UGA has made the national title game and the Sugar Bowl the past two seasons, it’s probably not a huge surprise to see a big uptick in donations but that quite the whopper of a figure thanks to the Smart-led resurgence in Athens.