Everything is bigger in Texas

[garn]

Wow.

 

 

 

http://online.wsj.com/article/SB1000142405...1780005902.html

 

 

 

 

While revenue at many big-time college football programs has fallen or stayed flat last season, revenue at the University of Texas—which comes from things like ticket sales and suite rentals—jumped by 20% last year to $87.6 million, the most ever generated by a college football program and almost $20 million more than second-place Ohio State University pulled in.

 

 

 

The bulk of the $14.6 million increase came from the addition of a building on the north side of the stadium with 9,000 new seats that was financed by alumnus and former Minnesota Vikings owner Billy Joe "Red" McCombs.

 

 

 

At Texas, alumni donations fund more than one-third of the athletic department's $127 million budget. In addition to buying football tickets, Texas alumni contributions help pay coaches' salaries. Last week, the University of Texas System raised coach Mack Brown's annual pay to $5 million from $3 million—a move that disgusted a group of faculty members who this week called the raise "unseemly and inappropriate."