DIVISION I WITHOUT FOOTBALL
• Two Men’s Programs, but no Women’s Programs, and no Total Programs reported positive Net Generated Revenues for the year. The average losses were $3,912,000, $4,598,000, and $11,764,000 (5.5) No overall program has reported profits since one program reported a small profit in 2004. Net losses have increased steadily over the twelve-year period from $5,367,000 in 2004.
• Six Men’s Basketball programs reported positive Net Generated Revenues, averaging $800,000, while all others reported losses averaging $1,445,000. Women’s Basketball losses averaged $1,308,000 (5.6) Losses for both men’s and women’s programs have grown rapidly over the time period reported.
bird_call wrote:I would take any numbers from the NCAA with a serious grain of salt due to their inherent conflict of interest in reporting athletics revenue.
This article from the Washington Post is quite enlightening. Most schools don't make money, but their spending is almost exactly equal to their revenue, because they spend every single penny they get.
So they are losing tiny amounts of money. But at the same time, Coach salaries are increasing, and facility costs are increasing. But revenues are increasing exactly the same amount. Lots of people are making money, it just isn't the guys playing the sports. It is the building contractors and assistant coaches, and companies selling beer at the game.
cujaysfan wrote:i'm only aware of one program that gives profits back to any student or university or general fund - ND football
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