Most NCAA Division I athletic departments take subsidies

[Water Pony]

"Just 23 of 228 athletics departments at NCAA Division I public schools generated enough money on their own to cover their expenses in 2012. Of that group, 16 also received some type of subsidy - and 10 of those 16 athletics departments received more subsidy money in 2012 than they did in 2011."

Not surprising, actually.

http://www.usatoday.com/story/sports/co ... s/2142443/

[Water Pony]

STORY HIGHLIGHTS

About 10% of Division I public schools made enough money to cover athletic expenses last year

Subsidies for Division I athletic operating expenses totaled $2.3 billion in 2012

Scholarship costs rose by nearly 9%, and coach compensation went up by 9.2%

[Water Pony]

Texas led the nation in revenue and expense in 2012. It had $163.3 million in revenue - over $21 million more than the No. 2 school in both categories, Ohio State. Texas spent $138.3 million, Ohio State $124.4 million.

[GiddyUp]

The whole system is very flawed. Absurd salaries, too many sports for men and women to support with travel, academic support, facilities, etc

[SMUer]

I don't know which is more surprising...the fact that Texas spent $138M or the fact that $70M went to sports like golf, rowing, volleyball and tennis.