Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.
Options
This isn't sustainable
Fire_Marshall_Bill
Member, Swaye's Wigwam Posts: 22,860
This is why they're selling muffins, cookies and having fucking gofundmes to take all of the band at many schools.
Even as commercial revenue streams have grown for top-billing football and men’s basketball, athletic expenditures exceed revenues at the vast majority of schools. In 2019, only 25 of 130 schools in the high-grossing Football Bowl Subdivision (FBS) whose members are large, mostly public universities (with some exceptions such as Notre Dame, Northwestern, and Stanford) reported positive net revenues (see here). In fact, the median athletic program in FBS in 2019 (the last pre-pandemic year) had an operating deficit of $18.8 million. The same was true in the other two Division I subdivisions: among the 125 schools of the Football Championship Subdivision (FCS) the median program ran a deficit of $14.3 million, and in DI without football (94 schools) it was of $14.4 million. Large and persistent athletic department deficits lead schools to increase student athletic fees (many exceed $1000 per student yearly) and contribute to increases in tuition. As the cost of attending college rises, so does student debt which reached a record of over $1.6 trillion in the United States in 2021.
But coaches are worth 12 million PER YEAR!!!!!!!! DC's are worth 1.5 million!!!!!!!!!!!!!!!
Baseball players are worth 70 million a year~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SEC!!!!!
https://www.pbs.org/newshour/economy/analysis-who-is-winning-in-the-high-revenue-world-of-college-sports
Even as commercial revenue streams have grown for top-billing football and men’s basketball, athletic expenditures exceed revenues at the vast majority of schools. In 2019, only 25 of 130 schools in the high-grossing Football Bowl Subdivision (FBS) whose members are large, mostly public universities (with some exceptions such as Notre Dame, Northwestern, and Stanford) reported positive net revenues (see here). In fact, the median athletic program in FBS in 2019 (the last pre-pandemic year) had an operating deficit of $18.8 million. The same was true in the other two Division I subdivisions: among the 125 schools of the Football Championship Subdivision (FCS) the median program ran a deficit of $14.3 million, and in DI without football (94 schools) it was of $14.4 million. Large and persistent athletic department deficits lead schools to increase student athletic fees (many exceed $1000 per student yearly) and contribute to increases in tuition. As the cost of attending college rises, so does student debt which reached a record of over $1.6 trillion in the United States in 2021.
But coaches are worth 12 million PER YEAR!!!!!!!! DC's are worth 1.5 million!!!!!!!!!!!!!!!
Baseball players are worth 70 million a year~!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
SEC!!!!!
https://www.pbs.org/newshour/economy/analysis-who-is-winning-in-the-high-revenue-world-of-college-sports
Comments
Best conference and teams! Bar, None..@Fire_Marshall_Bill
Makes sense.