20th in revenue

[NCHawker]

http://sports.usatoday.com/ncaa/finances/

 

[WinOneThisCentury]

I noticed our expenses were higher than the revenue line. Lesbian payments? Someone should walk over to the Tippie School of Business an see if that's good.

 

[IndianaHawk]

And only one other Top 20 school in the red.

 

[PCHawk]

And only one other Top 20 school in the red.

Only on paper.

 

[SpecialKHawk]

Minnesota at #19 surprises me.

 

[IndianaHawk]

Minnesota at #19 surprises me.

Me too. Low attendance in the largest revenue sport. At least they finished in the black.

 

[The Big LeHAWKski]

It strikes me how similar our country's Universities are with the Federal Government.
They're all REALLY, REALLY GOOD at spending money.

 

[IndianaHawk]

It strikes me how similar our country's Universities are with the Federal Government.
They're all REALLY, REALLY GOOD at spending money.

But the majority of the universities are turning a profit. But yes, I got your point BigL.

 

[PCHawk]

But the majority of the universities are turning a profit. But yes, I got your point BigL.

They make more then they spend which means they are turning a profit in every sense matters.

 

[IndianaHawk]

They make more then they spend which means they are turning a profit in every sense matters.

And the government is hardly turning a profit.

 

[PCHawk]

And the government is hardly turning a profit.

There is an article on Go Iowa Awesome that will explain it to you. If you really think something is wrong, you should read it.

 

[IndianaHawk]

There is an article on Go Iowa Awesome that will explain it to you. If you really think something is wrong, you should read it.

I understand economics. Just stating Iowa was only one of two schools in the top 20 that was in the red on the chart.

 

[PCHawk]

I understand economics. Just stating Iowa was only one of two schools in the top 20 that was in the red on the chart.

During a year where they are doing a huge stadium renovation? What's the problem?

Edit- Its not the new renovations, it's all the old ones they did. Would you rather them have a bunch of money in the bank and dated facilities?

 

[IndianaHawk]

During a year where they are doing a huge stadium renovation? What's the problem?

Edit- Its not the new renovations, it's all the old ones they did. Would you rather them have a bunch of money in the bank and dated facilities?

Wow.
Again, I was just pointing out almost all the schools were in the black. Nothing more, nothing less. Calm down. FYI- other schools also experience large expenses too.

 

[PCHawk]

Wow.
Again, I was just pointing out almost all the schools were in the black. Nothing more, nothing less. Calm down. FYI- other schools also experience large expenses too.

I'm not mad or anything, It's just that your post came off like you thought they did something wrong. In fact your posts are still coming off like you think they did something wrong.

 

[Joshbrown]

But the majority of the universities are turning a profit. But yes, I got your point BigL.

Actually, take away all the subsidies, and they're not. They shouldn't even need the subsidies with the corporate sports dollars. But then entitlement syndrome isn't just reserved for the poor. Just ask the coaches & administrators, including the ones who recently got millions after suing the University.

 

[Joshbrown]

It strikes me how similar our country's Universities are with the Federal Government.
They're all REALLY, REALLY GOOD at spending money.

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You don't see those much in the private sector.

 

[HuckFinn]

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You don't see those much in the private sector.

Yeah, except for the infamous "golden parachutes".

 

[uihawk82]

And only one other Top 20 school in the red.

Well that is yearly expenditures coming off building big ticket facilities. What really matters is how much is in the total war chest.

 

[deanvogs]

Actually, take away all the subsidies, and they're not. They shouldn't even need the subsidies with the corporate sports dollars. But then entitlement syndrome isn't just reserved for the poor. Just ask the coaches & administrators, including the ones who recently got millions after suing the University.

Please explain these "subsidies" that you are talking about? As far as I understood the Athletic department was completely self funded.