Illinois, Northwestern Look To Chicago Market BC Officially Introduces Martin Jarmond As AD SEC Reviewing Policy On Venue Alcohol Sales Boston College Hires Martin Jarmond As AD ACC Follows NCAA's Lead, Returns Events To N.C. Utah AD Chris Hill Talks Long Tenure, Stadium NCAA Awards N.C. Championship Events Again Buffalo Lands '19 NCAA Frozen Four New UNLV AD Will Face Several Challenges Gene Taylor Officially Introduced As K-State AD
Upcoming Conferences and Events
May 31 - Jun 1
SBD/May 2, 2013/Colleges
Rise Of Spending In College Athletics Again Outpaces Revenue; Subsidies Jump Sharply
Published May 2, 2013
WANT MORE GREAT STORIES LIKE THIS?
CLICK ON ONE OF THESE BUTTONS
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).