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Yes, this is also true for the University of Michigan athletics department, which in a recent year spent around $145 million and earned $158 million in revenue.
by vinay427 11y ago
Yes, this is also true for the University of Michigan athletics department, which in a recent year spent around $145 million and earned $158 million in revenue.
- fapjacks 11y agoAnd -- surprise! -- the University of Kansas.
- barrkel 11y agoOf course, it's not enough for something to return a profit; it needs to return more profit than an alternative use of the funds. Perhaps it could have made more money investing in postgrad startups?
- PhasmaFelis 11y agoMy understanding is that the UK basketball program is self-sustaining, and additionally turns a profit for the university. It's not taking university funding to begin with. (Also, much as I'm disdainful of university athletics, declaring that only the most profitable programs have a place on campus seems like a really amazingly horrible idea.)