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  1. #1
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    alaskaguy's Avatar
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    College Athletic Budgets

    According to a recent WSJ article, the athletic budget at Ohio State is $109.4 million. Texas has the second largest athletic budget at $107.t million.

    Over the past five years, schools in the NCAA's top six sports conferences raised more than $3.9 billion for new sports facilities, according to the Chronicle of Higher Education.

    Ohio State was one of just 19 schools to turn a profit on athletics in 2006, according to data collected by the NCAA.

    Link: Inside College Sports' Biggest Money Machine - WSJ.com



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    Re: College Athletic Budgets

    Only 19 teams turned a profit in 2006? Wow.

    I could take a gander at who those teams are, primarily Ohio St., USC, Texas, Oklahoma, Michigan, Alabama, Florida, Notre Dame, all those big football programs with huge stadiums.

    Does the profit include donations by donors as well? I would like to see how many schools turn a profit if donations are not calculated into that figure.

    And that hockey treadmill is insane.



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    Re: College Athletic Budgets

    $3.9 billion...seems kind of nuts to be spending that kind of cash on college sports...

    About a year ago, when the Repubs were still in control of Congress, Ways and Means was investigating the tax-exempt status of the NCAA. The leading Republican was pushing for the tax-exempt status to be repealed, which would open up the NCAA up to taxation. He did not run for re-election, and I don't know if the Dems are pursuing this or not.

    http://www.ncaa.org/wps/wcm/connect/...ws+And+Updates


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    Re: College Athletic Budgets

    About a year ago, when the Repubs were still in control of Congress, Ways and Means was investigating the tax-exempt status of the NCAA. The leading Republican was pushing for the tax-exempt status to be repealed, which would open up the NCAA up to taxation. He did not run for re-election, and I don't know if the Dems are pursuing this or not.
    They realized real quick that if they did that. Not only would colleges lose billions but there campaign reelections would have to be done really cheap because it's the same people donating to there campaigns that donate large sums of money to the university's. The IRS already lost this case in about 1997.



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