Syracuse Has No Plans To Play Again At MetLife Rutgers' Hermann Embroiled In Another Controversy NCAA, O'Bannon Plaintiffs Want Appeal Settled First First Meeting Of Autonomous Voting Members Set ACC Schools Try New Strategies To Fill Seats Williams To Head UM's Athletic Fundraising KFC Yum! Center Sees $1.4M Profit In FY '14 CFP Committee Stands By Pat Haden Rutgers Removing Rice From In-Game Video Cincinnati's AD Eyes Good Attendance At PBS
Upcoming Conferences and Events
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).