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Post by Pakachoag Phreek on Feb 9, 2022 8:22:43 GMT -5
The images are from the NCAA Revenue and Expense Report for 2019.
Generated revenue is basically revenue from all sources except institutional subsidy or state government subsidy (public universities only).
Autonomy in FBS = the Power Five Conferences  ^^^ Note that it is the sale of media rights and bowl revenues that carries the day for the autonomy schools  ^^^ Note the minuscule revenue from ticket sales in FCS Quartile one is comprised entirely of autonomy schools. Across all quartiles, net generated revenue is insufficient to cover expenses for most FBS schools, and even within quartile one, there are schools where net generated revenue is in the red.  ^^^ Holy Cross is in quartile one.
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Post by dharry13 on Feb 9, 2022 8:40:58 GMT -5
Goes to show how much money these colleges actually make elsewhere. The average wage goes up 3% and the college expenses go up 7%. Then compound that. I think these schools are doing just fine. An expense worth dealing with every day of the week and twice on Sunday. Thanks for the information PP - very informative (no sarcasm).
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Post by gks on Feb 9, 2022 10:08:54 GMT -5
If you want a top-quality athletic program it costs money....just like a top notch arts program and a top notch chemistry department.
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Post by sader1970 on Feb 9, 2022 10:39:45 GMT -5
My takeaway, which I've had previously but the graphs bring home, is that athletics is indeed an "entertainment arm" of colleges and universities at almost every level.
Regardless of whether they run a deficit or a surplus, millions of dollars are involved (billions cumulatively) at virtually every school. While not intending it as a jab at Fr. Brooks, many will take it that way - we are in "the entertainment business." When FCS quartile 1 schools lose $26M+, that money's coming from somewhere other than tickets and TV/streaming.
The argument can be made that the non-measurable/intangible benefits like positive publicity and strengthened local & alumni connections will attract more and better students (some/many of whom will pay full tuition, room & board).
I don't think it's a bad thing but we need to be honest about athletics.
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Post by gks on Feb 9, 2022 13:48:56 GMT -5
If HC were to say cut all athletics tomorrow.....would they cut tuition?
Or any school?
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Post by Pakachoag Phreek on Feb 9, 2022 15:12:48 GMT -5
Notre Dame du Lac breaks out its endowment by functional activity. On June 30, 2021, $587 million of the university's endowment was for athletics. (That is a bit more than 50 percent of HC's total endowment.) At a 4.5 percent spendout, that would provide about $27 million to the school's athletic department. $27 million would cover the total direct expenses in 2019-20 for all HC sports, with several million to spare.
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