There's an interesting article in today's Des Moines Register by Sean Keeler that indicates Iowa's commitment to its football program. The article is about Joe Paterno and Kirk Ferentz (Iowa plays Penn State this week) and talks about (remote as it may be) the possibility of Kirk replacing Joe Paterno when he retires. What was interesting for me, however, was the graphic presented that's related to commitment and financial costs of winning programs.
Finnancial commitment: In the article, according to stats for 2008-2009 by the Department of Education, Penn State football revenues were $61.7 million and Iowa brought in $38.9 million. However, during the same period, Iowa's football expenses were $26.9 million and Penn State spent $19.1.
Football is big business, and schools with winning programs treat it as such.
It would be interesting if stats were available that show revenue streams to schools via donations by fans and friends of schools that field winning football programs. It's been reported that donations to Wisconsin took a decided spike upward when they went to the Rose Bowl in 1993. I bet that's the case at the top tier programs.
Go Gophers!!
Finnancial commitment: In the article, according to stats for 2008-2009 by the Department of Education, Penn State football revenues were $61.7 million and Iowa brought in $38.9 million. However, during the same period, Iowa's football expenses were $26.9 million and Penn State spent $19.1.
Football is big business, and schools with winning programs treat it as such.
It would be interesting if stats were available that show revenue streams to schools via donations by fans and friends of schools that field winning football programs. It's been reported that donations to Wisconsin took a decided spike upward when they went to the Rose Bowl in 1993. I bet that's the case at the top tier programs.
Go Gophers!!