3 ms·
I haven't looked at the entire dataset, but looking at the major schools that are close to me: Expenses: 12M, 25M, 13M, 70M Revenue: 6M, 30M, 13M, 44M 1/4 is
by flaviut 4y ago
I haven't looked at the entire dataset, but looking at the major schools that are close to me:
Expenses: 12M, 25M, 13M, 70M
Revenue: 6M, 30M, 13M, 44M
1/4 is making a slight profit. 1/4 is breaking even. 2/4 are making a major loss.
A Kennesaw State University (00157700 )| Total Enrollment: 27,300
B Georgia Institute of Technology-Main Campus | Total Enrollment: 14,476
C Georgia State University | Total Enrollment: 22,276
D University of Georgia | Total Enrollment: 27,877
- cudgy 4y agoThese figures don’t add up: “University of Georgia Athletics approved a new budget for the 2022 fiscal year on Friday. The budget is set at $150,290,994, which is $7.7 million more than in 2019 and $3 million short of the 2020 budget. Georgia athletic director Josh Brooks told media that the 2020 budget shortfall is currently $30 million and was previously $53 million amid the COVID-19 pandemic.” https://ugawire.usatoday.com/2021/05/28/georgia-foootball-uga-athletics-reveals-huge-budget-2021/ https://ugawire.usatoday.com/2021/05/28/georgia-foootball-ug... Later in the article, it states that the stadiums were at partial capacity (mid 2021), so once stadiums went back to full capacity revenue surely increase significantly.
- uberman 4y agoI'm surprised by this and I am guessing it is due to a covid blip. Historically most athletics programs run revenue neutral.