Athletic departments at the 10 public universities in the Pac-12 experienced an $81 million shortfall last year, with only five schools reporting an operating surplus.
The 10 public schools in the Pac-12 closed out the 2022-23 fiscal year — the first without COVID policies for spectators — with $1.22 billion in revenue and $1.3 billion in expenses, according to financial documents obtained by the Hotline Carter added that universities must “measure both the return on investment and the return on objective associated with funding athletic departments.”— Football and men’s basketball are typically the only sports programs in major college athletics that generate a profit. In the interest of offering broad-based opportunities, each Pac-12 school supports more than a dozen Olympics sports teams that lose money.
without direct support. The Huskies were just $8.7 million in the red during the 2022-23 fiscal year.“That’s a complicated question,” said Andrew Zimbalist, a Smith College economics professor and author of the 2017 book“Schools subsidize a lot of activities at universities. The question is whether the size is proportionate to the importance.”
Was the increase entirely attributable to Sanders? Definitive conclusions are elusive, but an assistant vice chancellor told the Daily Camera that “the exposure that CU Boulder has received since Coach Prime was hired has been tremendous.” For example, Washington State reported the lowest total revenue, just $79 million, but the Cougars only received $6.8 million in direct campus support in 2023.College basketball outlook: Duke, UConn, Baylor top our early men’s top 25 for the 2024-25 season
Source: Education Headlines (educationheadlines.net)
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