by Emeritus » Sat Sep 04, 2010 2:20 pm
I'm curious about how the profits of pro football teams compare to those of big-time football programs. I looked up the figures for the University of Texas, since it's the biggest school in Texas.
REVENUE 2008-2009 Season
Ticket sales
$55,394,209.00 40.01%
Student fees
$0.00 0%
Guarantees
$500,000.00 0.36%
Contributions
$37,291,370.00 26.93%
Compensation and benefits provided by a third party
$0.00 0%
Direct state or other government support
$0.00 0%
Direct institutional support
$0.00 0%
Indirect facilities and administrative support
$0.00 0%
NCAA/conference distributions including all tournament revenues
$14,325,151.00 10.35%
Broadcast, television, radio, and internet rights
$216,662.00 0.16%
Program sales, concession, novelty sales, and parking
$3,892,527.00 2.81%
Royalties, licensing, advertisements and sponsorships
$18,164,827.00 13.12%
Sports camp revenues
$4,523,133.00 3.27%
Endowment and investment income
$1,656,008.00 1.2%
Other
$2,495,262.00 1.8%
Subtotal operating revenue
$138,459,149.00
I don't know what their expenses were, but I do know that they aren't paying their players millions of dollars per season. I think that I'd rather own a college team.
Time stays, we go. H. L. Mencken