To conclude this weekās series, BusinessofCollegeSports.com will list in order the athletics departments earning the highest net income (profit) in 2010-11.
Issue has been raised by some over the classification of revenue minus expenses in this series as āprofit,ā since athletics departments are nonprofit organizations. It should be noted, that in the disclosures to the Department of Education, the athletics departments do not report either profit or net income. Rather, they report their revenues and expenses. For this series, profit/net income was calculated by subtracting the total expenses reported from the total revenues reported.
As noted above, the data used was obtained from the Department of Education and is from 2010-11. While this data is not perfect, it is the only data publicly available for both private and public institutions.
In 2010-11, 48 athletics departments in BCS AQ conferences generated a positive net income (profit).
[TABLE="width: 520"]
<colgroup><col width="204"> <col width="214"> <col width="102"> </colgroup><tbody> [TR]
[TD="width: 204"]School[/TD]
[TD="width: 214"]Athletic Department Net Income (Profit)
[/TD]
[TD="width: 102"]Conference[/TD]
[/TR]
[TR]
[TD]Alabama[/TD]
[TD]$31,684,872.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Penn State[/TD]
[TD]$31,619,687.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Michigan[/TD]
[TD]$26,649,499.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Texas[/TD]
[TD]$24,317,815.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Kansas State[/TD]
[TD]$23,395,408.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Notre Dame[/TD]
[TD]$19,147,710.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Ohio State[/TD]
[TD]$18,630,964.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Oregon[/TD]
[TD]$16,433,642.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Oklahoma State[/TD]
[TD]$14,365,376.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Michigan State[/TD]
[TD]$13,512,269.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Arkansas[/TD]
[TD]$11,285,623.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]LSU[/TD]
[TD]$10,401,982.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Florida[/TD]
[TD]$10,056,601.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Georgia[/TD]
[TD]$9,575,569.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Oregon State[/TD]
[TD]$954,682.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Oklahoma[/TD]
[TD]$8,064,477.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Purdue[/TD]
[TD]$6,773,110.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Mississippi State[/TD]
[TD]$6,306,583.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Virginia[/TD]
[TD]$6,038,664.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Vanderbilt[/TD]
[TD]$5,767,543.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Iowa[/TD]
[TD]$5,296,068.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Indiana[/TD]
[TD]$5,293,816.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Nebraska[/TD]
[TD]$5,170,608.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Virginia Tech[/TD]
[TD]$4,314,760.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Louisville[/TD]
[TD]$3,952,601.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Auburn[/TD]
[TD]$3,484,657.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Texas A&M[/TD]
[TD]$3,224,429.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Texas Tech[/TD]
[TD]$3,124,246.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Kentucky[/TD]
[TD]$3,122,674.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Miami[/TD]
[TD]$2,763,826.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Washington[/TD]
[TD]$2,330,501.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Illinois[/TD]
[TD]$1,815,596.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Colorado[/TD]
[TD]$1,763,633.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Arizona[/TD]
[TD]$1,524,374.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Utah[/TD]
[TD]$1,147,160.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]South Carolina[/TD]
[TD]$762,726.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Syracuse[/TD]
[TD]$717,817.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]North Carolina[/TD]
[TD]$660,231.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Wisconsin[/TD]
[TD]$655,421.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Duke[/TD]
[TD]$567,207.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Maryland[/TD]
[TD]$263,711.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Clemson[/TD]
[TD]$216,318.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]North Carolina State[/TD]
[TD]$192,151.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]California[/TD]
[TD]$181,167.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Missouri[/TD]
[TD]$143,588.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Iowa State[/TD]
[TD]$121,686.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Connecticut[/TD]
[TD]$94,522.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Tennessee[/TD]
[TD]$14,447.00[/TD]
[TD]SEC[/TD]
[/TR]
</tbody> [/TABLE]
In previous posts from this series, youāll remember that every Big Ten athletics department ranked in the top-50 for revenues and expenses. However, neither Minnesota nor Northwestern achieved a net income above zero.
The conference with the highest percentage of members having a positive net income (profit) was the SEC. All but one SEC member (Ole Miss) generated a positive net income in 2010-11. The SEC was also home to the athletics department with the highest net income of any BCS AQ school, Alabama. However, the ten schools generating the greatest net income in 2010-11 are from a mix of conferences. The only conference not represented in the top-10 is the ACC.
[TABLE="width: 545"]
<colgroup><col width="241"> <col width="177"> <col width="127"> </colgroup><tbody> [TR]
[TD="width: 241"]Conference[/TD]
[TD="width: 177"]# of Athletics Departments[/TD]
[TD="width: 127"]% of Conference[/TD]
[/TR]
[TR]
[TD]ACC[/TD]
[TD]8[/TD]
[TD]50%[/TD]
[/TR]
[TR]
[TD]Big 12[/TD]
[TD]8[/TD]
[TD]80%[/TD]
[/TR]
[TR]
[TD]Big East[/TD]
[TD]4[/TD]
[TD]25%[/TD]
[/TR]
[TR]
[TD]Big Ten[/TD]
[TD]10[/TD]
[TD]83.33%[/TD]
[/TR]
[TR]
[TD]Pac-12[/TD]
[TD]7[/TD]
[TD]58.33%[/TD]
[/TR]
[TR]
[TD]SEC[/TD]
[TD]11[/TD]
[TD]91.60%[/TD]
[/TR]
</tbody>[/TABLE]
Issue has been raised by some over the classification of revenue minus expenses in this series as āprofit,ā since athletics departments are nonprofit organizations. It should be noted, that in the disclosures to the Department of Education, the athletics departments do not report either profit or net income. Rather, they report their revenues and expenses. For this series, profit/net income was calculated by subtracting the total expenses reported from the total revenues reported.
As noted above, the data used was obtained from the Department of Education and is from 2010-11. While this data is not perfect, it is the only data publicly available for both private and public institutions.
In 2010-11, 48 athletics departments in BCS AQ conferences generated a positive net income (profit).
[TABLE="width: 520"]
<colgroup><col width="204"> <col width="214"> <col width="102"> </colgroup><tbody> [TR]
[TD="width: 204"]School[/TD]
[TD="width: 214"]Athletic Department Net Income (Profit)
[/TD]
[TD="width: 102"]Conference[/TD]
[/TR]
[TR]
[TD]Alabama[/TD]
[TD]$31,684,872.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Penn State[/TD]
[TD]$31,619,687.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Michigan[/TD]
[TD]$26,649,499.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Texas[/TD]
[TD]$24,317,815.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Kansas State[/TD]
[TD]$23,395,408.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Notre Dame[/TD]
[TD]$19,147,710.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Ohio State[/TD]
[TD]$18,630,964.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Oregon[/TD]
[TD]$16,433,642.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Oklahoma State[/TD]
[TD]$14,365,376.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Michigan State[/TD]
[TD]$13,512,269.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Arkansas[/TD]
[TD]$11,285,623.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]LSU[/TD]
[TD]$10,401,982.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Florida[/TD]
[TD]$10,056,601.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Georgia[/TD]
[TD]$9,575,569.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Oregon State[/TD]
[TD]$954,682.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Oklahoma[/TD]
[TD]$8,064,477.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Purdue[/TD]
[TD]$6,773,110.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Mississippi State[/TD]
[TD]$6,306,583.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Virginia[/TD]
[TD]$6,038,664.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Vanderbilt[/TD]
[TD]$5,767,543.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Iowa[/TD]
[TD]$5,296,068.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Indiana[/TD]
[TD]$5,293,816.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Nebraska[/TD]
[TD]$5,170,608.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Virginia Tech[/TD]
[TD]$4,314,760.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Louisville[/TD]
[TD]$3,952,601.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Auburn[/TD]
[TD]$3,484,657.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Texas A&M[/TD]
[TD]$3,224,429.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Texas Tech[/TD]
[TD]$3,124,246.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Kentucky[/TD]
[TD]$3,122,674.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Miami[/TD]
[TD]$2,763,826.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Washington[/TD]
[TD]$2,330,501.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Illinois[/TD]
[TD]$1,815,596.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Colorado[/TD]
[TD]$1,763,633.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Arizona[/TD]
[TD]$1,524,374.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Utah[/TD]
[TD]$1,147,160.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]South Carolina[/TD]
[TD]$762,726.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Syracuse[/TD]
[TD]$717,817.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]North Carolina[/TD]
[TD]$660,231.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Wisconsin[/TD]
[TD]$655,421.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Duke[/TD]
[TD]$567,207.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Maryland[/TD]
[TD]$263,711.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Clemson[/TD]
[TD]$216,318.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]North Carolina State[/TD]
[TD]$192,151.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]California[/TD]
[TD]$181,167.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Missouri[/TD]
[TD]$143,588.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Iowa State[/TD]
[TD]$121,686.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Connecticut[/TD]
[TD]$94,522.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Tennessee[/TD]
[TD]$14,447.00[/TD]
[TD]SEC[/TD]
[/TR]
</tbody> [/TABLE]
In previous posts from this series, youāll remember that every Big Ten athletics department ranked in the top-50 for revenues and expenses. However, neither Minnesota nor Northwestern achieved a net income above zero.
The conference with the highest percentage of members having a positive net income (profit) was the SEC. All but one SEC member (Ole Miss) generated a positive net income in 2010-11. The SEC was also home to the athletics department with the highest net income of any BCS AQ school, Alabama. However, the ten schools generating the greatest net income in 2010-11 are from a mix of conferences. The only conference not represented in the top-10 is the ACC.
[TABLE="width: 545"]
<colgroup><col width="241"> <col width="177"> <col width="127"> </colgroup><tbody> [TR]
[TD="width: 241"]Conference[/TD]
[TD="width: 177"]# of Athletics Departments[/TD]
[TD="width: 127"]% of Conference[/TD]
[/TR]
[TR]
[TD]ACC[/TD]
[TD]8[/TD]
[TD]50%[/TD]
[/TR]
[TR]
[TD]Big 12[/TD]
[TD]8[/TD]
[TD]80%[/TD]
[/TR]
[TR]
[TD]Big East[/TD]
[TD]4[/TD]
[TD]25%[/TD]
[/TR]
[TR]
[TD]Big Ten[/TD]
[TD]10[/TD]
[TD]83.33%[/TD]
[/TR]
[TR]
[TD]Pac-12[/TD]
[TD]7[/TD]
[TD]58.33%[/TD]
[/TR]
[TR]
[TD]SEC[/TD]
[TD]11[/TD]
[TD]91.60%[/TD]
[/TR]
</tbody>[/TABLE]
