Originally Posted by Jae Onasi
Of course, the universities have to pay for the new football stadiums. Sigh. However, that's another issue.
Jae just how much does the football program at a major university (such as Ohio State, Texas or Michigan) take away from the schools general fund? Be honest. Now if you are completely honest then you would know it is nothing, zilch, nada, zilch, zip…. Now if you want to rephrase the remark to athletics in general then I would tend to agree, but major college football television contracts and the donations to the universe receives because of football to the athletic fund adds to the general fund instead of subtracting from it.
Gross Revenues 2008 to 2009 school year.
Ohio State $68.19 million Texas $87.5 million
Football Expense 2008 to 2009 school year
Ohio State $32.3 million Texas $ 22.5 million
Football Profit 2008 to 2009 school year
Ohio State $35.89 million Texas $65.00 million
Georgia $45.38 million
Florida $43.29 million
Penn State $42.63 million
LSU $39.14 million
Notre Dame $38.18 million
Alabama $38.16 million
Nebraska $37.29 million
South Carolina $37.23 million
If you can't tell Ohio State grosses the 2nd most, but 10th in profits because they spend so much more than everyone else. Still it is not taking away from the general fund.