Yesterday there was a thread and a lot of noise across the country about Arkansas cutting men’s and women’s tennis. I posted a couple links showing different athletic department’s numbers; I wish I could find a simple graph of ours but our numbers are buried in a mind-numbing like 200 page prospectus. But here is a CL article/snapshot on MSU’s:
Football: revenue $48.3m expenses, $37.6m , profit $10.7m
Baseball: revenue $3.4m, expenses $7.5m, losses $4.1m (losses this year are set to increase to around $5.5m to $6m with the coaches salary going from $1.3m to 3.0m + higher support staff salaries)
Basketball: revenue $16.1m, expenses $16.5m, losses -$400k. (basketball usually makes a $2-5m profit, this was a screwy year due to some capital expenditures on facilities that won’t happen again for a while)
Women’s basketball isn’t in fleshed out in the article but I have seen the prospectus with my own two eyes working in accounting. Was unsure if I should say this but it’s publicly available info if you dig so f*ck it lol. It lost $4.1m.
The rest of the sports revenues/expenses are very similar to the Ole Miss/Arkansas numbers posted below.
Football: revenue $48.3m expenses, $37.6m , profit $10.7m
Baseball: revenue $3.4m, expenses $7.5m, losses $4.1m (losses this year are set to increase to around $5.5m to $6m with the coaches salary going from $1.3m to 3.0m + higher support staff salaries)
Basketball: revenue $16.1m, expenses $16.5m, losses -$400k. (basketball usually makes a $2-5m profit, this was a screwy year due to some capital expenditures on facilities that won’t happen again for a while)
Women’s basketball isn’t in fleshed out in the article but I have seen the prospectus with my own two eyes working in accounting. Was unsure if I should say this but it’s publicly available info if you dig so f*ck it lol. It lost $4.1m.
The rest of the sports revenues/expenses are very similar to the Ole Miss/Arkansas numbers posted below.
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