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August 2010, Sports Business
Financial Pressures Growing in Division I
A newly released NCAA report shows that just 14 of the 120 Football Bowl Subdivision schools made money from campus athletics in the 2009 fiscal year, down from 25 the year before. The NCAA's Jim Isch commenting on revenue and expense trends revealed in the latest NCAA report noted that "the top end ... still does not have to rely on institutional subsidies. But those that do are falling further behind."
The NCAA doesn't release individual schools' revenues and expenses. But Fulks confirmed that Alabama, Florida, Ohio State, Texas and Tennessee are among the select group that made money from athletics. So is Missouri, which reported generating $2 million in profits from campus athletics in 2009. To read more, click here.