FACT: Football & Men’s Basketball (Usually) Don’t Pay for Themselves

knight_logoA new report, College Sports 101: A Primer on Money, Athletics, and Higher Education in the 21st Century released by the Knight Commission on Intercollegiate Athletics reveals some interesting facts and current trends about intercollegiate sports.  Jay Weiner (@JayWeiner) author of the report writes, “The myth of the business model – that football and men’s basketball cover their own expenses and fully support non-revenue sports – is put to rest by an NCAA study finding that 94 [of the then 119 FBS] institutions ran a deficit for the 2007-08 school year, averaging losses of $9.9 million.”

More fun facts later…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: