Domain: businessofcollegesports.com
Stories and comments across the archive that link to businessofcollegesports.com.
Comments · 6
-
Re:Majority of college cost is not for education
Please at least do SOME research. The Huge schools with huge expenses make huge money. LSU football for example pays the short fall for ALL other sports. Covers its own expenses 100% AND gives 4 to 7 million to the general fund.
-
Re:No problem!
Interestingly, another article from the site you provided linked to here. I guess the UF athletic program has dumped ("donated" ?) a large amount of money into the university coffers.
That businessofsports.com site is pretty cool. It looks like I'm going to lose several hours of my life browsing there today, thanks! -
Re:Don't be trolled!
I think you're mistaken. Their athletic department costs the university over $100+ million per year, but only generates about half that in revenue (see this handy link). Maybe they couldn't come up with the head coach's bonus this year (he got something like $2.5 million)?
From the link you provided, the FOOTBALL PROGRAM ALONE generated OVER half that. Basketball also brings in a lot of revenue. And alumni donations are for the athletic program are not included in that..
-
Re:Don't be trolled!
I think you're mistaken. Their athletic department costs the university over $100+ million per year, but only generates about half that in revenue (see this handy link). Maybe they couldn't come up with the head coach's bonus this year (he got something like $2.5 million)?
You might want to re-read the article.
Football alone generates half of the revenue. The rest of the revenue comes from TV contracts, boosters, etc.
It doesn't cost the University anything.
It's a separate entity that makes a profit every year and it donates money to the University.
-
Re:No problem!
The sports program is independent and actually feeds millions of dollars into the school.
-
Re:Don't be trolled!
I think you're mistaken. Their athletic department costs the university over $100+ million per year, but only generates about half that in revenue (see this handy link). Maybe they couldn't come up with the head coach's bonus this year (he got something like $2.5 million)?