Virginia Tech Not Fining Football Players UNC-Charlotte AD Talks C-USA Move New Akron AD Putting Football First Search Firm Fires Back At Minnesota UConn Hoops Won't Return To Bridgeport Ohio State Selling Alcohol At Football Games USC AD Addresses Sarkisian Behavior Georgia Tech Sees Football Season Tix Spike New Boise State AD Addresses Myriad Topics CFP's Hancock "Intrigued" By South Florida
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).