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Thursday, May 15, 2008
The Cost of College Sports

A new article in the Chronicle of Higher Education reveals that from 2004-06, only 17 out of 330 Division I athletic departments operated at a profit, with universities making up the difference, usually out of general operating revenues. This marked the first time the NCAA had reported budgetary numbers by focusing on revenues allocated to athletics departments by the school, rather than on revenues generated by athletics themselves.


I find this very hard to believe. Do you feel the article is accurate or have universities "hidden" their profits from sports?

Blogger Gregg -- 5/16/2008 10:14 AM  

Please link to this site

Blogger シマ -- 5/16/2008 12:35 PM  

This is total nonsense.

Penn State's football program made a profit of $26 million in 2006, there were 14 programs who made more...just in football.

This doesn't count the high profile basketball programs that are also making millions.

Blogger Paterno Lives! -- 5/16/2008 2:05 PM  


If you look at the athletic departments as a whole, most operate in the red. And the majority operate in the red because of football and basketball.

Blogger Jimmy H -- 5/16/2008 3:16 PM  

It's interesting that this was a difficult thing to calculate. At WVU, the athletic department is a free-standing profit/cost center - it must pay for its own scholarships, and keeps its own revenues and donations. As a result, you can tell how it is doing at any given time.

Anonymous Michael Risch -- 5/17/2008 12:04 PM  

i don't think it's hard to believe at all. are you sure penn state had a profit of 26 million or was that their revenue for that year. i know at boston college that the only program to have a positive profit was the men's basketball program. also, the article talks about athletic departments and not just specific programs and teams within that department. if you look at a school like harvard that has 34 or so different varsity teams on campus and most of those teams being "irrelevant", it's not hard to believe that the athletic department over there is in the red.

Anonymous kimmerman -- 5/20/2008 2:57 PM  

For the reporting year 7/1/2006-6/30/2007, Penn state had Grand Total Revenues of $76,327,504 and Grand Total Expenses of $71,974,048 leaving a net of 4,353,456 not bad...

Since the next reporting year isnt over yet, its hard to calculate the net profits for that year... but its no 26 million....

Dont you just love federal reporting laws :)

Blogger Jimmy H -- 5/20/2008 7:28 PM  

You guys are al sports nuts, and college sports suck up America's money.

Anonymous Anonymous -- 9/29/2009 1:25 PM  

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