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Article on LSU football revenues
Posted on 4/29/10 at 2:47 pm
Posted on 4/29/10 at 2:47 pm
2
Posted on 4/29/10 at 2:53 pm to Bob Sacamano
Good read.
Posted on 4/29/10 at 2:55 pm to Bob Sacamano
quote:
Among the largest schools -- the nine with at least $90 million in operating revenue -- the biggest winners were Texas, up 32 percent to $138.5 million; LSU, up 32 percent to $100.9 million; and Texas A&M, up 33 percent to $98.1 million, according to a review of athletic department financial records.
A&M is that profitable in spite of the product they put on the field?
quote:
LSU Athletic Director Joe Alleva, 56, said the Tigers’ 2007 national football title is still driving revenue increases. “Everything stems from the championship,” he said in a telephone interview from his office. “We increased ticket prices, we increased seat-licensing revenue, and we had a lot of licensing revenue generated by the championship that spilled over into subsequent years.”
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