NUance Posted March 24, 2012 Share Posted March 24, 2012 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? Quote Link to comment
NUance Posted March 24, 2012 Author Share Posted March 24, 2012 K state? Really? Wow. I didn't notice the Kitties that high on the income list. What's up with that? Quote Link to comment
Omaha-Husker Posted March 24, 2012 Share Posted March 24, 2012 K state? Really? Wow. I didn't notice the Kitties that high on the income list. What's up with that? I would guess low spending coupled with the new money sharing in the Big 12. Quote Link to comment
NUance Posted March 24, 2012 Author Share Posted March 24, 2012 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. Quote Link to comment
Omaha-Husker Posted March 24, 2012 Share Posted March 24, 2012 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. Quote Link to comment
NUance Posted March 24, 2012 Author Share Posted March 24, 2012 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. Quote Link to comment
Landlord Posted March 25, 2012 Share Posted March 25, 2012 I guess I don't understand the accounting of college athletics very well. I don't think many do, as only a handful of universities in the entire country actually turn a profit from their athletic departments. Quote Link to comment
T_O_Bull Posted March 25, 2012 Share Posted March 25, 2012 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 Quote Link to comment
huskereddie Posted March 27, 2012 Share Posted March 27, 2012 K State must be making big money on the Snyder Bobbin Head Dolls!! Quote Link to comment
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