New Athletic Revenue Numbers

[WestCoastHusky]

http://www.ope.ed.gov/athletics/GetOneInstitutionData.aspx

For all the schools. UCONN is at a little over $63M per year. UL has jumped to $87M. We need to grow our basketball revenue big time.

 

[Rumrunner]

http://articles.courant.com/2010-07...ials-football-program-uconn-athletic-director

"I think what people have to understand is that it's a form that has its own purposes and it's meant to show what you spend in scholarships or what you spend in operating budgets," Hathaway said. "So that is not a cost-accounting of what a program does revenue-wise and expense-wise. There's a form that's mandated that we fill out, every university in the country that has athletics fills out, and that's the purpose."

The reason for the form is to compare gender equity expenditures from school to school and to make sure women's athletics are not short-changed.

Some revenue-producing areas are not included in the report.

"Some people run with [the study] and try to use it as some type of economic measure of financial success and that is not necessarily what it's meant to be," Hathaway said.
Football is in better shape than the study showed, according to Hathaway."

http://www.ope.ed.gov/athletics/GetOneInstitutionData.aspx

For all the schools. UCONN is at a little over $63M per year. UL has jumped to $87M. We need to grow our basketball revenue big time.

 

[Druken Friar]

Most athletic programs lose money when factoring in all the costs and removing student fees that go to athletic departments.

5. What kind of financial support does athletics get from the university? Is athletics self-supporting?

In FY 2010, approximately 26% of the $55.2 million revenue budget for athletics and recreation comes from the university. The remaining 74% comes from revenues generated by athletics (58%) and fund raising (15%). The university’s contribution comes in the form of the general university fee (16%), support for Title IX (7%) and scholarship support (3%). However, the scholarship cost for athletics, which is approximately (18%) of the overall expense budget, provides tuition and fee revenue to the university. Of the $14.6 million in university support in FY 2010, athletics will return approximately $9.8 million for tuition, room, board and fees for its student-athletes. Therefore, the net contribution from the university will be approximately $4.8 million. It should also be noted that approximately $2 million of the athletic budget is used to support UConn student recreational services. In addition, about $2.9 million from the athletics budget is used to support general student related services. In 1990, the university support for athletics and recreation expense budget was about 59% compared to the 26% in 2009-10.