Iowa Athletic Rev_Basketball Comment

[SCHawkeye2]

Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive

The athletic departments of the Big Ten’s 16 public universities spent nearly $3 billion during fiscal year 2024. How much did they make?

www.nytimes.com

"Iowa fell to 12th with $2.96 million. Iowa’s once-proud men’s basketball program hasn’t hit $4 million in gate revenue since 2005 and was down more than $500,000 from fiscal year 2023. Five teams saw decreases, but UCLA and Iowa had the biggest revenue drops."

 

[InGoodCo]

Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive

The athletic departments of the Big Ten’s 16 public universities spent nearly $3 billion during fiscal year 2024. How much did they make?

www.nytimes.com

"Iowa fell to 12th with $2.96 million. Iowa’s once-proud men’s basketball program hasn’t hit $4 million in gate revenue since 2005 and was down more than $500,000 from fiscal year 2023. Five teams saw decreases, but UCLA and Iowa had the biggest revenue drops."

Couple of observations - the decline was on way before Lick, it's now at an all time low. Iowa can afford to walk away from Fran.