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What proportion of football-related revenue subsidizes a university's academic department, and what proportion is just plowed back into the football program?
by sethg 19y ago
What proportion of football-related revenue subsidizes a university's academic department, and what proportion is just plowed back into the football program?
- mattmaroon 19y agoI don't know, but I guarantee Ohio State makes hundreds of millions and pays Jim Tressel one or two. The article left out an interesting factoid, which is that many of them are the highest paid state employees in their state.
- DocSavage 19y agoFrom the USA Today article I linked above: "At Texas, for example, the return on the sizable investment in Brown is a pre-eminent football program that last season won the school's first football national championship in 35 years and accounted for 62% of all the Longhorns' athletics revenues, turning a $42 million profit. Football essentially underwrote 17 other sports at the school that don't make money -- all but men's basketball and baseball." I'm not sure if the profit takes into account university merchandise. Powerhouse football programs sell lots and lots of university clothing, and the universities make money off the licensing.
- mattmaroon 19y agoThat would certainly seem to justify coach salaries.
- gregwebs 19y agoActually OSU only has 30-40 million in revenues. http://www.pbs.org/nbr/site/features/special/subdir/college-football_winners-losers/ http://www.pbs.org/nbr/site/features/special/subdir/college-... What they don't tell you is that they are lucky to break even if you take into account the hidden costs. The next time they do a 15 million stadium renovation, it won't be counted against the athletic department's budget.