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August 2010, NCAA-Conferences
NCAA Revenue and Expense Data Report Shows Problems
A new report from the National Collegiate Athletics Association shows that Division I athletic programs are spending more money than they earn and are becoming increasingly reliant on their colleges and universities for financial support.
Data collected from the 2008-09 report compiled by Transylvania University faculty member Dan Fulks, which include the early stages of the recession, reveal more of a burden on institutional allocations to balance athletics budgets. Just 14 programs from the Football Bowl Subdivision generated revenues over expenses, compared with 25 such programs in 2006-07 and 2007-08.
In addition, the median institutional allocation for athletics (total expenses minus revenue directly generated by the athletics department) at the FBS level rose from about $8 million in 2007-08 to $10.2 million in 2008-09. That means FBS institutions are committing more dollars to maintain their athletics program. To read more, click here.