Originally Posted by Misterbill
Operating Revenue: $11.1 million
Operating Expenses: $10.78 million
Direct State or other gov support: $7,000
U South Carolina:
Operating Revenue: $79.8 mil
Operating Expenses: $78.29 mil
Direct State or other gov support: $0
You think Winthrop athletics is self-sufficent? Based on what revenue source?
Ticket sales? TV rights? No way.
Check again. Most of their support is from:
Student fees 47% and
Direct institutional support 25.67% (the university's general budget based on taxes and tuition)
Direct state support means a check from the state directly to the athletic department. Rarely is ever done. Usually the state gives to the University who passes some to the athletic department. I worked for a univeristy for several years.
Same is true for 95% of all NCCA athletic departments. Anytime a school generates big revenue from football is mostly goes to pay higher salaries to the football coaches and staff and higher travel expenses (bowl games). Not that much of a cash cow. Tennis still get subsidized.