ACC Championship Game Tix Sales Slow Large Demand For Tickets To Iron Bowl NCAA Faces Pressure On Major Changes Duke AD White Talks ACC TV Net, Football Revival NCAA Sues EA Sports, CLC MSU's Izzo Upset Over Empty Seats Memphis Cuts 24 Athletic Positions To Trim Costs Rutgers Football Coach Accused Of Bullying Louisville, American Agree To Exit Terms ACC Tourney Headed Back To DC In '16
SBD/May 2, 2013/Colleges
Rise Of Spending In College Athletics Again Outpaces Revenue; Subsidies Jump Sharply
Published May 2, 2013
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).