View Single Post
  #10 (permalink)  
Old Mon Oct 26, 2009, 11:54am
Adam's Avatar
Adam Adam is offline
Keeper of the HAMMER
 
Join Date: Jan 2003
Location: MST
Posts: 27,190
Quote:
Originally Posted by Camron Rust View Post
And for most schools, the sports programs are NOT a profitable entity. The sponsorship deals just help cover the gap. There are only a very small handful of schools where you argument could even come close to having any merit....and I doubt UCF is one of them.

(See Few colleges turn profit on athletics* - College Sports - Charleston Daily Mail - West Virginia News and Sports -)
The NCAA's latest report on revenues and expenses, released Tuesday and available at ncaa publications.com, showed that fewer than 25 percent of all Football Bowl Subdivision schools made money in 2007-08, while the remaining 302 schools competing in Division I struggled to break even.

Twenty-five of 119 FBS schools reported overall profits, an increase from 19 in 2006.
Camron, I'd be willing to bet money that the number of schools for which football or men's basketball turn a profit is much higher than 25%. It's not the men's basketball programs that drain the coffers; it's gymnastics, softball, baseball, wrestling, tennis, etc.
__________________
Sprinkles are for winners.
Reply With Quote