CSN Log
June 16th, 2011, 03:20 PM
06-16-2011 04:10 PM
FBS continues to lead with the greatest losses in net generated revenue.
NCAA revenues and expenses data from the 2009-10 fiscal year show a widening gap between schools with self-sufficient athletics programs and schools that rely on institutional subsidy to balance their athletics budgets.
The most recent annual report indicates that “generated revenues” (ticket sales, NCAA and conference distributions, concessions, contributions, media rights and other sources not including institutional or governmental support, or student fees) exceeded expenses at only 22 Football Bowl Subdivision institutions, eight more than during the previous fiscal year.
Full story » (http://www.championshipsubdivisionnews.com/log/index.php/2011/06/16/report-shows-widening-financial-gap?blog=2#more7193)
More... (http://www.championshipsubdivisionnews.com/log/index.php/2011/06/16/report-shows-widening-financial-gap?blog=2)
FBS continues to lead with the greatest losses in net generated revenue.
NCAA revenues and expenses data from the 2009-10 fiscal year show a widening gap between schools with self-sufficient athletics programs and schools that rely on institutional subsidy to balance their athletics budgets.
The most recent annual report indicates that “generated revenues” (ticket sales, NCAA and conference distributions, concessions, contributions, media rights and other sources not including institutional or governmental support, or student fees) exceeded expenses at only 22 Football Bowl Subdivision institutions, eight more than during the previous fiscal year.
Full story » (http://www.championshipsubdivisionnews.com/log/index.php/2011/06/16/report-shows-widening-financial-gap?blog=2#more7193)
More... (http://www.championshipsubdivisionnews.com/log/index.php/2011/06/16/report-shows-widening-financial-gap?blog=2)