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SEC, Big Ten. Biggest spenders, Biggest moneymakers


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Report: SEC, Big Ten athletic departments biggest spenders, moneymakers

 

By Jerry Hinnen | College Football Blogger, cbssports.com, Posted: 1:37 pm March 22, 2012

 

Still, while it won't surprise anyone that -- according to this week's reports from the Business of College Sports -- the nation's two most popular football conferences make up the majority of the nation's top-spending and top "profit"-producing athletic departments, it might surprise some how overwhelming that majority is. Of the country's top 21 universities in athletic department expenses for the year 2010-2011, 16 of them hail from either the SEC and Big Ten. The numbers aren't much different when it comes to net income--there's seven SEC representatives and eight from the Big Ten in the top 23.

 

<snip>

 

 

Spending:

1. Texas ($125,978, 117), Big 12

2. Ohio State ($113,184,855), Big Ten

3. Florida ($112,951,656), SEC

4. Tennessee ($102,480,757), SEC

5. Auburn ($100,497,784), SEC

6. Oklahoma ($96,274,366), Big 12

7. LSU ($96,019,689), SEC

8. Michigan ($95,836,991), Big Ten

9. Wisconsin ($92,939,345), Big Ten

10. Alabama ($92,225,560), SEC

 

Net Income:

1. Alabama ($31,684,872), SEC

2. Penn State $31,619,687), Big Ten

3. Michigan ($26,649,499), Big Ten

4. Texas ($24,317,815), Big 12

5. Kansas State ($23,395,408), Big 12

6. Notre Dame ($19,147,710), Big East

7. Ohio State ($18,630,964), Big Ten

8. Oregon ($16,433,642), Pac-12

9. Oklahoma State ($14,365,376), Big 12

10. Michigan State ($13,512,269), Big Ten

 

 

LINK

I'm guessing if you only looked at football, we would be in the top 10 on both lists. I wonder how far down the list Nebraska is--for all athletic spending/revenue?
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Also, notice how much bigger the spending numbers are than the revenue numbers? That's a bit surprising. I guess I don't understand the accounting of college athletics very well.

 

It's net income. Add the bottom to the top to find the total revenue.

Ahhh. That's probly why I can't balance my checkbook. :lol:

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Also, notice how much bigger the spending numbers are than the revenue numbers? That's a bit surprising. I guess I don't understand the accounting of college athletics very well.

 

Net income as opposed to gross income.

Alabama spent $92,225,560, and had a gross income of $123,910,388. That's a 34.4 % return on investment. If I could buy stock in Alabama, Inc. I'd mortgage the farm.

T_O_B

G>B>R

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