- 11:57 AM
- 12/05/08
| Name: | Ben Hendricks |
|---|---|
| Member since: | March 31, 2006 |
| Last visit: | September 02, 2007 |
darthgatorone has posted no links and no comments to SportsFilter and hasn’t posted any threads or comments
Athletic departments at State schools are not profitable Via Sports Law Blog, a summary of a new study by Mark Alesia of the Indianapolis Star:
… athletic departments at taxpayer-funded universities nationwide receive more than $1 billion in student fees and general school funds and services, and that without such outside funding, fewer than 10 percent of athletic departments would have been able to support themselves with ticket sales, television contracts and other revenue-generating sports sources. In fact, most would have lost more than $5 million.Alesia has also compiled a database of NCAA financial reports, for all you frustrated economists out there.
posted by Amateur at 11:33 AM on March 31
Unlike RScannix, I don't consider the 11 million dollars spent by the UF on its non-revenue sports to be a "loss". Thankfully, the very profitable football program funds a very good overall program, including one of the best women's programs in the country. I'll look at the study, but one question comes to mind. Withoout the student fees and general school funds and services, would the schools be able to fund their non-revenue producing sports programs and comply with Title IX? I'll bet that the football programs at most state supported schools, taken by themselves, would be profitable without the student fees, etc., but it's not all about football, folks.