KazLong
Starter
[SIZE=.8em]Nebraska[/SIZE]
Exp: $18,649,947
Income: $55,063,437
Source http://www.forbes.com/sites/aliciajessop/2013/08/31/the-economics-of-college-football-a-look-at-the-top-25-teams-revenues-and-expenses/
Colleges RK TEAM TICKETS STUDENTS AWAY_GAMES DONATIONS UNIVERSITY MEDIA_RIGHTS BRANDING TTLREVENUE
21 Cornhuskers $30,560,065 $0 $208,000 $16,410,663 $0 $3,908,483 $8,858,680 75,892,884
Source: http://espn.go.com/ncaa/revenue 2008
http://nebraska.edu/administration/business-and-finance/budget-information.html
As munificent as this is, this kind of spending is typical of big-time college athletics programs at universities across the country. The Chronicle of Higher Education recently estimated that college athletics is a $10-billion marketplace. What sets UGA athletics apart is that it can pay for its expenses without turning to the university for help.
Only seven other athletics programs at public universities broke even or had net operating income on athletics each year from 2005-2009, according to data provided by USA Today to the Knight Commission on Intercollegiate Athletics (for which I consult). The others were Louisiana State University, The Pennsylvania State University, and the universities of Iowa, Michigan, Nebraska, Oklahoma, and Texas at Austin.
Source: http://www.acenet.edu/news-room/Pages/Myth-College-Sports-Are-a-Cash-Cow2.aspx
Our program is the exception on a short list. The addtional funds go to help other altheletes scholarships that without football would not exist. Helping students. As far as how much goes back to the general fund for the Unv not sure but I am sure if you dive into those lengthy spending reports you could figure it out.
This report seems to indicate that we only contribute additonal 4 million to the general fund.
CONF TOTAL REVENUE TOTAL EXPENSES TOTAL SUBSIDY % SUBSIDY
Nebraska Big Ten $94,797,692 $90,939,273 $0 0.00
Source: http://sports.usatoday.com/ncaa/finances/
According to the daily nebraskan in 2000, we gave 1.5 million from the atheletic program to the General Academic Fund.
"Because of this, Moeser said, there have been academic budget cuts and shifting of money within the budget."If it weren't for athletics, our cuts would be larger," he said, referring to the $1.5 million he mandates the athletic department give to the general university fund each year.The money supports initiatives the university doesn't have the money from the state to cover, including some student scholarship and academic programs, Moeser said.But Miller said making the athletic department give $1.5 million reinforces his idea of taking money from athletics to support academics."That proves my point. You can transfer funds from athletics to academics," Miller said. "I want to do more of that."Miller agreed the athletic department was an asset to the university"
Source: http://www.dailynebraskan.com/academics-athletics-determine-conflict-unl-s-reputation/article_4832f0fd-cd5a-5084-b8a2-58e47c33b474.html
Point is 1.5 million in 2000, which said would be increased, pays a lot of teachers salaries, and saves the Unv at all campuses lay offs.
The idea that the AD just spends the money as quick as they earn it is just not true.
Exp: $18,649,947
Income: $55,063,437
Source http://www.forbes.com/sites/aliciajessop/2013/08/31/the-economics-of-college-football-a-look-at-the-top-25-teams-revenues-and-expenses/
Colleges RK TEAM TICKETS STUDENTS AWAY_GAMES DONATIONS UNIVERSITY MEDIA_RIGHTS BRANDING TTLREVENUE
21 Cornhuskers $30,560,065 $0 $208,000 $16,410,663 $0 $3,908,483 $8,858,680 75,892,884
Source: http://espn.go.com/ncaa/revenue 2008
http://nebraska.edu/administration/business-and-finance/budget-information.html
As munificent as this is, this kind of spending is typical of big-time college athletics programs at universities across the country. The Chronicle of Higher Education recently estimated that college athletics is a $10-billion marketplace. What sets UGA athletics apart is that it can pay for its expenses without turning to the university for help.
Only seven other athletics programs at public universities broke even or had net operating income on athletics each year from 2005-2009, according to data provided by USA Today to the Knight Commission on Intercollegiate Athletics (for which I consult). The others were Louisiana State University, The Pennsylvania State University, and the universities of Iowa, Michigan, Nebraska, Oklahoma, and Texas at Austin.
Source: http://www.acenet.edu/news-room/Pages/Myth-College-Sports-Are-a-Cash-Cow2.aspx
Our program is the exception on a short list. The addtional funds go to help other altheletes scholarships that without football would not exist. Helping students. As far as how much goes back to the general fund for the Unv not sure but I am sure if you dive into those lengthy spending reports you could figure it out.
This report seems to indicate that we only contribute additonal 4 million to the general fund.
CONF TOTAL REVENUE TOTAL EXPENSES TOTAL SUBSIDY % SUBSIDY
Nebraska Big Ten $94,797,692 $90,939,273 $0 0.00
Source: http://sports.usatoday.com/ncaa/finances/
According to the daily nebraskan in 2000, we gave 1.5 million from the atheletic program to the General Academic Fund.
"Because of this, Moeser said, there have been academic budget cuts and shifting of money within the budget."If it weren't for athletics, our cuts would be larger," he said, referring to the $1.5 million he mandates the athletic department give to the general university fund each year.The money supports initiatives the university doesn't have the money from the state to cover, including some student scholarship and academic programs, Moeser said.But Miller said making the athletic department give $1.5 million reinforces his idea of taking money from athletics to support academics."That proves my point. You can transfer funds from athletics to academics," Miller said. "I want to do more of that."Miller agreed the athletic department was an asset to the university"
Source: http://www.dailynebraskan.com/academics-athletics-determine-conflict-unl-s-reputation/article_4832f0fd-cd5a-5084-b8a2-58e47c33b474.html
Point is 1.5 million in 2000, which said would be increased, pays a lot of teachers salaries, and saves the Unv at all campuses lay offs.
The idea that the AD just spends the money as quick as they earn it is just not true.
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