I'm tired of the money talk. HERE ARE FACTS: Keep letting the university subsidy keep you afloat, hoping and waiting for the AAC to delivery that extra money you spent before you had the actual cash in hand from them (just read the Tulane articles).
Temple- Loses $7 million a year
“Multiple outlets have reported that the athletics department is losing $7 million a year. “I would be hard-pressed to name another university that subsidizes its athletics program to the degree Temple does,” then-athletic director Bill Bradshaw wrote to alumni back in 2011, when the athletics budget was just $30 million.”
http://www.phillymag.com/news/2015/01/05...-bad-idea/
Tulane- Loses $12 million a year
“In the 2016 fiscal year, approximately $21.5 million will be allocated to spend for athletic expenses with an estimated revenue of $11 million. According to Tulane’s financial statements, Tulane forecasts spending approximately $21 million for athletics while taking in approximately $9 million for the 2015 fiscal year. These figures account for the operating expenses of Yulman Stadium and participation of 16 programs in the American Athletic Conference, but do not include the construction costs of the stadium.”
http://www.tulanehullabaloo.com/news/art...acd78.html
http://www.nola.com/tulane/index.ssf/201...money.html
Houston- Loses $15 million a year
“But Houston’s subsidies in recent years have grown beyond the norm. From 2008 to 2014, the school transferred $106 million to athletics, according to financial reports reviewed by the Tribune. The next highest spender among major public NCAA schools in Texas was the University of Texas at El Paso, which transferred $47 million.”
“A 2015 audit of athletic department finances reported that spending on equipment, uniforms and supplies came in 88 percent over budget in the 2014 fiscal year, while travel expenses were 57 percent over their mark. Meanwhile, revenue from ticket sales came in 21 percent under budget”
http://www.texastribune.org/2015/09/03/q...athletics/
SMU- Loses $16 million a year
“Over the past seven years, its losses have topped $113 million. The deficit is equal to almost half of all tuition and fees paid by students in the 2011 to 2012 school year.”
http://www.smudailycampus.com/news/athle...n-the-rise
Tulsa- Loses $13 million a year