College Sports Revenues & Expenses

[alchemy2u]

Here is an interesting link that gives the revenue and expense for every college sport at all schools:

http://ope.ed.gov/athletics/dataFiles/EADA 2009-2010.zip

It is from the department of education.

A quick glance (Schools.xls spreadsheet) shows the U is by far the highest revenue Ice Hockey program in the country (the cheese heads are second by almost $150K).

Now, no more guessing at what each program brings in and costs to run.

 

[mnboiler]

I hate to break it to you but these numbers are 100% comparable. The reason is that there isn't any standard accounting system used across the entire NCAA. Can you compare them, yes, but I would use cation when comparing.

 

[Mustang Mountain Man]

I hate to break it to you but these numbers are 100% comparable. The reason is that there isn't any standard accounting system used across the entire NCAA. Can you compare them, yes, but I would use cation when comparing.

So, you are saying that some schools should be audited for non compliance with FASB standards?

 

[GoAUpher]

So, you are saying that some schools should be audited for non compliance with FASB standards?

No, the issue is that each school tallies their expenses and revenues differently. Some schools charge each program for the shared services used (like athletic training) while others bill it to a shared part of the athletic budget. Similar things happen for revenues. For instance, schools like OSU and Michigan calculate parking revenue as going to the athletic dept. The U does not.

The numbers are good for rough tallies, but that's the sort of thing folks are referring to when they say "take the numbers with a grain of salt".

 

[diehard]

We have been told one thing about the Gopher football budget.

"I think you need to know who you are, and we at Minnesota are always going to be mid-Big Ten level, because that's where our revenues are."
Minnesota A.D. Joel Maturi, Minnesota Daily, 1/24/10

 

[GoAUpher]

We have been told one thing about the Gopher football budget.

"I think you need to know who you are, and we at Minnesota are always going to be mid-Big Ten level, because that's where our revenues are."
Minnesota A.D. Joel Maturi, Minnesota Daily, 1/24/10

Well, he's not completely wrong. The schools that make the bigger bucks all have bigger football revenues. Those revenues are driven primarily by larger stadiums. While the "always" comment is annoying (because it means he doesn't believe that achieving more at MN is possible which isn't the attitude I'd like to see in our AD) it isn't inaccurate if TCF remains at it's current size.