Byrne: Alabama Cannot Become Complacent Rule Change Could Help Academies' Recruiting CFP Committee Adds Beamer, Smith, Howard Manning Serving On Tennessee AD Search Committee Alabama Praised For Hiring Greg Byrne As AD Fulmer A Candidate For Tennessee AD? Cal Fans Blame Poor Ticket Sales On Late Games Length Of College Football Game Up From '10 Social Company SM2 Training College Athletes Greg Byrne To Be Next Alabama AD
SBD/August 12, 2013/Colleges
Mark Emmert Responds To Growing Number Of Critics Calling For His Ouster
Published August 12, 2013
GET RICH SCHEMES? ESPN.com's Kristi Dosh reported the Texas A&M Univ. athletic department "received just $59,690 for jersey sales last year." That number "isn't just football, either," as it "includes basketball, baseball, cycling and all other jersey sales." The "bottom line is that athletic departments aren't getting rich off jersey sales." Texas A&M receives just 10% of the "wholesale price for jerseys under its contract" with adidas, and jersey sales accounted for just 1.53% of the school's licensing revenue last fiscal year. Out of the total of $3.9M, the "largest source of revenue was $750,000 in men's T-shirt sales" (ESPN.com, 8/9). SPORTSBUSINESS JOURNAL's Michael Smith reports Texas A&M "sold a school-record" $70M worth of licensed merchandise during FY '12-13. Texas A&M's gross royalties "grew to an all-time high" of $3.9M in '12-13, the school's first year in the SEC. Licensing revenue over the last two years "has shot up" from $2.6M to nearly $4M, and over the last five years "has more than doubled" from $1.9M (SPORTSBUSINESS JOURNAL, 8/12 issue).