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University of Iowa must pay $1.4 million to Jane Meyer
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[QUOTE="DefenseBB, post: 2204884, member: 7492"] Actually, there have been some great articles posted this year alone on the Major Athletic programs and how much money the actually DON'T make. It is still a limited number of schools who actually make money on Athletics (20-30). Most are still heavily subsidized by student fees and the state (public schools). Even mighty Alabama misleads their books. While they had revenue of $110 million on football, but its costs have increased to over $65 mil (so despite Saban claims he pays these "analysts little to nothing" if you have dozens, they still cost money) and then they don't count capital debt payments against the revenue ($38 mil per yr. building new facilities for football) nor do they assign administrative overhead ($29 mil in AD costs not assigned to a sport). So you see, not such a golden parachute after all. All public university's have to disclose budgets to the general public. Just google it. [/QUOTE]
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University of Iowa must pay $1.4 million to Jane Meyer
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