Washington AD Committed To Improving Scheduling Penn State Not Planning On Alcohol Sales Jim Delany Remains Focused In Growing Role Ohio State Beer Sales Exceed $1M In First Year Bowlsby Raises Questions About CFP Selection Criteria Undefeated Western Michigan In Bowl Game Negotiations UH Regents Chair Blasts Big 12 Expansion Process Liberty's Hire Of McCaw Kept Secret Within School Liberty Univ. Hires Former Baylor AD Ian McCaw Texas Hires Houston's Herman As Football Coach
SBD/May 2, 2013/Colleges
Rise Of Spending In College Athletics Again Outpaces Revenue; Subsidies Jump Sharply
Published May 2, 2013
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RED INK RISING: In Birmingham, Jon Solomon noted the Univ. of Alabama and Auburn Univ. were two of the 23 Div. I schools “operating in the black.” The Univ. of Alabama-Birmingham, "when factoring out subsidies," lost $18M on athletics last year, after losing $16.2M in '11. Elsewhere, the Univ. of South Alabama lost $15.3M, while Troy had a deficit of $11.6M. The efforts to control costs in college athletics “remain tied largely to two line items: salaries/benefits and scholarships.” Ticket sales and contributions remain the "highest sources of generated revenue.” As TV contracts “increase, the line item for NCAA/conference distributions is getting increasingly closer" (AL.com, 5/1).