CSN Log
May 2nd, 2013, 09:30 PM
05-02-2013 08:09 PM
Athletic expenses are rising at a faster pace than revenue is being generated at most Division I schools, according to a new NCAA study.
The 2012 Revenue and Expenses Report, released this week, shows Football Bowl Subdivision schools are spending 10.8 percent more on athletics than in 2011 despite generating new income of only 4.6 percent. Non-football playing Division I schools are contending with a larger discrepancy – spending 8.8 percent more while seeing their revenue base actually shrink by 1.7 percent.
Football Championship Subdivision schools did far better, holding expenses to an increase of only 6.8 percent while generating a 9 percent increase in revenue over 2011 though median losses expanded by 6.7 percent from 2011 to 2012.
Full story » (http://www.championshipsubdivisionnews.com/log/index.php/2013/05/02/fbs-expenses-rising-faster-than?blog=2#more8289)
More... (http://www.championshipsubdivisionnews.com/log/index.php/2013/05/02/fbs-expenses-rising-faster-than?blog=2)
Athletic expenses are rising at a faster pace than revenue is being generated at most Division I schools, according to a new NCAA study.
The 2012 Revenue and Expenses Report, released this week, shows Football Bowl Subdivision schools are spending 10.8 percent more on athletics than in 2011 despite generating new income of only 4.6 percent. Non-football playing Division I schools are contending with a larger discrepancy – spending 8.8 percent more while seeing their revenue base actually shrink by 1.7 percent.
Football Championship Subdivision schools did far better, holding expenses to an increase of only 6.8 percent while generating a 9 percent increase in revenue over 2011 though median losses expanded by 6.7 percent from 2011 to 2012.
Full story » (http://www.championshipsubdivisionnews.com/log/index.php/2013/05/02/fbs-expenses-rising-faster-than?blog=2#more8289)
More... (http://www.championshipsubdivisionnews.com/log/index.php/2013/05/02/fbs-expenses-rising-faster-than?blog=2)