Nope, the vast majority of college athletics programs are unprofitable, even large ones: https://www.politifact.com/virginia/statements/2014/dec/22/jim-moran/m

Nope, the vast majority of college athletics programs are unprofitable, even large ones: https://www.politifact.com/virginia/statements/2014/dec/22/jim-moran/moran-says-only-20-colleges-make-profit-sports/ https://www.politifact.com/virginia/statements/2014/dec/22/j... > There are 346 Division I schools. Of them, 123 are classified as members of the Football Bowl Subdivision, the top tier of sports competition. These are colleges and universities that are eligible to compete in bowl games and have average attendance of at least 15,000 at their home games. [...] "A total of 20 athletics programs in the FBS reported positive net revenues for the 2013 fiscal year."