Returning football fans expected to boost high school association revenue
SIOUX FALLS, SD (KELO) — Full football fields and fans should result in a net profit for the South Dakota State High School Activities Association (SDSHAA), a portion of which is shared with participating teams.
The COVID-19 pandemic prompted the SDSHAA to limit fans for the 2020 State Soccer Championships. Even with limited fans, the state and substate games generated a net profit of $64,165. Spending was higher than in a typical year, as the SDSHAA reimburses approximately 50% of all losses incurred by the host site for sub-state gaming.
The expenses for 2020 were $87,455 which is subtracted from the gross income of $151,620 to arrive at the net income of $64,165.
Under SDHSAA rules, sub-state host schools pay expenses on receipts. Participating schools will each receive 50% of the profits. If the game loses money, SDHSAA reimburses the host school for 50% of the mileage paid to the visiting team or 50% of the loss, whichever is less.
The championship season was also different in 2019. The state moved championship games to South Dakota State University in Brookings due to construction of the DakotaDome at the University of South Dakota.
Revenue in $149,190 with $45,861 in expenses for a total net profit of $103,329. Spending was lower in 2019 in part because rental fees for Brookings Stadium were lower than the $50,000 rental fee for the DakotaDome, according to SDSHAA.
The year 2018 is an example of some typical expenses. The officials cost $10,654. The team’s expenses were around $4,600, which is slightly lower than in previous years. Tickets and passes were an expense of $2,500.
Football and wrestling have been two of the biggest revenue generators for high school championships.
Football has generally overtaken wrestling in terms of net profit since 2015.
Wrestling revenues are generally higher in years when the Sioux Falls Championships.