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re: The Big Ten’s revenue distributions will top $52 million per school next year
Posted on 6/22/18 at 2:11 pm to VerlanderBEAST
Posted on 6/22/18 at 2:11 pm to VerlanderBEAST
quote:
You people do realize even with 50 mil Programs like Rutgers and Purdue are still pretty much breaking even
Yes, technically Rutgers athletic dept. broke even $83,974,159 in revenue and $83,974,159 in spending. However that was with the school contributing over $28 million to their athletic department, to make up the difference.
Looks like only a handful of Big Ten schools are in the black. The two newest schools Maryland and Rutgers were a combined $44 million in the red.
USAToday '16 numbers
Posted on 6/22/18 at 2:13 pm to TigerintheNO
quote:Yes but now even with the substantial increase they are at best breaking even
Yes, technically Rutgers athletic dept. broke even $83,974,159 in revenue and $83,974,159 in spending. However that was with the school contributing over $28 million to their athletic department, to make up the difference.
Looks like only a handful of Big Ten schools are in the black. The two newest schools Maryland and Rutgers were a combined $44 million in the red.
Posted on 6/22/18 at 2:54 pm to TigerintheNO
quote:
Looks like only a handful of Big Ten schools are in the black
Sorry,AD accounting is about as shady as Las Vegas casinos in the 70's.Revenue to P5 schools has TRIPLED
in the last 20 years yet the schools still claim their losing money.Coaches salaries are going through the roof along AD staff salaries.
Posted on 6/24/18 at 7:45 am to TigerintheNO
Maryland and Rutgers won’t be a full-equity partners in B1G revenue distributions until 2020-21.
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