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At least for schools with successful football or men's basketball teams athletics are generally run as basically break even programs. The money brought in by th
by harryh 10y ago
At least for schools with successful football or men's basketball teams athletics are generally run as basically break even programs. The money brought in by those two sports funds everything else.
And that doesn't even take into account the large alumni donations that big time sports programs can bring to a school.
Here, for example, is the University of Michigan 2015 budget (the first one I found googling):
https://record.umich.edu/articles/michigan-athletics-presents-fiscal-year-2015-budget https://record.umich.edu/articles/michigan-athletics-present...
Revenues: $151 million
Expenses: $145.9 million
- ikeyany 10y agoSchools like Michigan are the exception. Try Oregon State, or UNLV, or a school not known for resounding success in several sports.
- dalke 10y agoOregon State - 24% subsidized sports program - http://projects.huffingtonpost.com/projects/ncaa/subsidy-scorecards/oregon-state-university http://projects.huffingtonpost.com/projects/ncaa/subsidy-sco... . UNLV - 55% subsidized - http://projects.huffingtonpost.com/projects/ncaa/subsidy-scorecards/university-of-nevada-las-vegas http://projects.huffingtonpost.com/projects/ncaa/subsidy-sco... . Then there's Eastern Michigan University, 83% subsidized (at $24M/year) - http://projects.huffingtonpost.com/projects/ncaa/subsidy-scorecards/eastern-michigan-university http://projects.huffingtonpost.com/projects/ncaa/subsidy-sco... . With 13K undergrads, that's $2,000/student/year. That report points out that some 3/4ths of school have a 25% or more subsidy on their programs.
- dalke 10y agohttp://projects.huffingtonpost.com/ncaa/sports-at-any-cost http://projects.huffingtonpost.com/ncaa/sports-at-any-cost , posted to HN 9 months ago at https://news.ycombinator.com/item?id=10572373 https://news.ycombinator.com/item?id=10572373 shows that may programs are not breaking even, but are subsidized, and often from student fees. They have a summary of the subsidizes at http://projects.huffingtonpost.com/projects/ncaa/subsidy-scorecards http://projects.huffingtonpost.com/projects/ncaa/subsidy-sco... . I counted 49 with minimal subsidy (0 to 25%) out of 204 schools. U. Mich. is one of those 49.