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Most NCAA Division I athletic departments take subsidies
Posted: Wed May 08, 2013 7:58 pm
by 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/
Re: Most NCAA Division I athletic departments take subsidies
Posted: Wed May 08, 2013 8:20 pm
by 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%
Re: Most NCAA Division I athletic departments take subsidies
Posted: Wed May 08, 2013 8:24 pm
by 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.
Re: Most NCAA Division I athletic departments take subsidies
Posted: Wed May 08, 2013 8:31 pm
by GiddyUp
The whole system is very flawed. Absurd salaries, too many sports for men and women to support with travel, academic support, facilities, etc
Re: Most NCAA Division I athletic departments take subsidies
Posted: Thu May 09, 2013 12:16 pm
by 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.