šŸˆ BusinessofCollegeSports.com ranks Ath. Dept.'s with highest profit from 2010-2011: UA in first place

TerryP

Successfully wasting your time since...
Staff
To conclude this week’s 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 ā€œprofit,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, you’ll 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]
 
[h=2]Top-50 Largest Athletics Department Spenders[/h] Mar 21


Posted by Alicia Jessop



This week, BusinessofCollegeSports.com showed you the revenues, expenses and net income (profit) of athletics departments in the BCS AQ conferences. To conclude this series, BusinessofCollegeSports.com is ranking the top-50 athletics departments with the highest revenues, expenses and net income (profit). In this installment, we will show you which athletics departments spend the most.


The data 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 public and private institutions.


[TABLE="width: 478"]
<colgroup><col width="125"> <col width="204"> <col width="214"> </colgroup><tbody> [TR]
[TD="width: 125"]School[/TD]
[TD="width: 204"]Athletic Department Expenses[/TD]
[TD="width: 214"]Conference[/TD]
[/TR]
[TR]
[TD]Texas[/TD]
[TD]$125,978,117.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Ohio State[/TD]
[TD]$113,184,855.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Florida[/TD]
[TD]$112,951,656.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Tennessee[/TD]
[TD]$102,480,757.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Auburn[/TD]
[TD]$100,497,784.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Oklahoma[/TD]
[TD]$96,274,366.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]LSU[/TD]
[TD]$96,019,689.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Michigan[/TD]
[TD]$95,836,991.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Wisconsin[/TD]
[TD]$92,939,345.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Alabama[/TD]
[TD]$92,225,560.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Iowa[/TD]
[TD]$87,607,487.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Florida State[/TD]
[TD]$86,946,503.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Penn State[/TD]
[TD]$84,498,339.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Louisville[/TD]
[TD]$83,783,719.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]South Carolina[/TD]
[TD]$82,941,941.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Georgia[/TD]
[TD]$82,765,498.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Kentucky[/TD]
[TD]$81,755,641.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Stanford[/TD]
[TD]$81,125,476.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Arkansas[/TD]
[TD]$80,482,490.00[/TD]
[TD]SEC[/TD]
[/TR]
[TR]
[TD]Minnesota[/TD]
[TD]$78,924,683.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Nebraska[/TD]
[TD]$78,509,148.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]USC[/TD]
[TD]$75,707,273.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Notre Dame[/TD]
[TD]$75,360,209.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Virginia[/TD]
[TD]$72,400,342.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Texas A&M[/TD]
[TD]$71,719,872.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]North Carolina[/TD]
[TD]$70,709,553.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Kansas[/TD]
[TD]$70,028,683.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Washington[/TD]
[TD]$69,306,426.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Oregon[/TD]
[TD]$67,900,835.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Michigan State[/TD]
[TD]$67,450,913.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Duke[/TD]
[TD]$67,418,981.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]UCLA[/TD]
[TD]$66,003,893.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Indiana[/TD]
[TD]$64,878,825.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]California[/TD]
[TD]$64,825,171.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Boston College[/TD]
[TD]$64,078,272.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Connecticut[/TD]
[TD]$62,948,800.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Clemson[/TD]
[TD]$60,958,659.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Baylor[/TD]
[TD]$59,859,235.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Purdue[/TD]
[TD]$59,293,193.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Missouri[/TD]
[TD]$58,862,366.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]WVU[/TD]
[TD]$58,003,719.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Miami[/TD]
[TD]$57,561,177.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Maryland[/TD]
[TD]$57,501,307.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Virginia Tech[/TD]
[TD]$56,762,362.00[/TD]
[TD]ACC[/TD]
[/TR]
[TR]
[TD]Arizona[/TD]
[TD]$56,750,057.00[/TD]
[TD]Pac-12[/TD]
[/TR]
[TR]
[TD]Northwestern[/TD]
[TD]$56,214,293.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Pittsburgh[/TD]
[TD]$56,044,309.00[/TD]
[TD]Big East[/TD]
[/TR]
[TR]
[TD]Oklahoma State[/TD]
[TD]$55,757,830.00[/TD]
[TD]Big 12[/TD]
[/TR]
[TR]
[TD]Illinois[/TD]
[TD]$55,723,771.00[/TD]
[TD]Big Ten[/TD]
[/TR]
[TR]
[TD]Arizona State[/TD]
[TD]$55,378,783.00[/TD]
[TD]Pac-12[/TD]
[/TR]
</tbody> [/TABLE]

While 80 percent of the Big 12′s members ranked in the top-50 in terms of revenue generated, only 70 percent ranked in the top-50 for expenditures. Thus, it is expected that at least several Big 12 members should generate a net income (profit) in the black. Only four Big East members ranked in the top-50 for revenue generated. However, five Big East members ranked in the top-5o for expenditures (Pittsburgh did not generate enough revenue to make the top-50 list, but is on the top-50 list for expenditures). Again, every Big Ten athletics department made the top-50 list for expenditures.


The chart below depicts how many places each conference held in the list and the percentage of the conference which made the list.

[TABLE="width: 497"]
<colgroup><col width="102"> <col width="241"> <col width="154"> </colgroup><tbody> [TR]
[TD="width: 102"]Conference[/TD]
[TD="width: 241"]# of Athletics Departments[/TD]
[TD="width: 154"]% of Conference[/TD]
[/TR]
[TR]
[TD]ACC[/TD]
[TD]9[/TD]
[TD]75%[/TD]
[/TR]
[TR]
[TD]Big 12[/TD]
[TD]7[/TD]
[TD]70%[/TD]
[/TR]
[TR]
[TD]Big East[/TD]
[TD]5[/TD]
[TD]31%[/TD]
[/TR]
[TR]
[TD]Big Ten[/TD]
[TD]12[/TD]
[TD]100%[/TD]
[/TR]
[TR]
[TD]Pac-12[/TD]
[TD]8[/TD]
[TD]67%[/TD]
[/TR]
[TR]
[TD]SEC[/TD]
[TD]9[/TD]
[TD]75%[/TD]
[/TR]
</tbody>[/TABLE]
 
The first team I looked for in profits was Texas. I was surprised to see that difference. Next, UT. I was SHOCKED to see gap (understatement) between our two programs.
 
To add a note to consider. These are figures from the 2010-2011 reporting year. A year in which a certain team, not named Alabama, won a BCSNC.

This same team is showing a profit of $3.4MM+ but you have to consider that the same team took in over $5.4MM+ in student fees.

Fees from students in Tuscaloosa? A whopping $0.00.
 
To add a note to consider. These are figures from the 2010-2011 reporting year. A year in which a certain team, not named Alabama, won a BCSNC.

This same team is showing a profit of $3.4MM+ but you have to consider that the same team took in over $5.4MM+ in student fees.

Fees from students in Tuscaloosa? A whopping $0.00.

but, you have to also look at what that certain cow college paid to athletes to balance out those fees that they took in from normal students...:icon_twisted:
 
Back
Top Bottom