$1 billion in profits in 2010
buythehook
Senior Member
I just read that 68 college football teams earned $1 billion in profits in 2010....
I was very shocked when I read this....I can imagine maybe a few teams that make that much, but 68 teams!!!
I just thought it would be good forum material...
anyone have any thought??
I was very shocked when I read this....I can imagine maybe a few teams that make that much, but 68 teams!!!
I just thought it would be good forum material...
anyone have any thought??
Comments
Horn may I ask what exactly you're considering revenue? All things considered I find it incredibly difficult to believe that only 15 universities return a profit on their college football programs... Between the big 10 and SEC there has got to be 15 easy with TV deals etc... I could see this maybe in athletic programs in general since most sports do run at a deficit and at most big schools the profits from football are spread across to cover the losses of other sports.
Found this: http://www.huffingtonpost.com/2010/12/30/the-most-profitable-colle_n_802810.html#s217320&title=undefined
#1 Texas football - Revenue: $70,838,539
Profit: $52,529,885