1. Last season's National Championship participants didn't make any money. Butler University broke even, while the Dookies took a $2,000,000 dollar loss.
2. The biggest margin loss belongs to Karl Malone's Alma Mater Louisiana Tech at 307%.
3. The biggest Profit Margin belongs to Ohio State at 71%, followed closely by the University of Illinois at 67%. Out of the top ten schools in Profit Margin, four schools are in the Big Ten Conference.
4. The most expensive program out there in terms of actual dollar also belongs to the Dookies, but what's really interesting is the 2nd most expensive program running...MARQUETTE! Can't say I would have guessed that, but here we are.
5. The program that brought in the most raw dollars belongs to Louisville and their Wandering Wang of a coach Rick Pitino. They managed to bring in $25.5 million this year.
In terms of my beloved UD Flyers, the numbers are pretty intriguing. There's only 7 other programs with a higher profit margin. Of those 7 schools, Dayton's not even a tenth of their size enrollment wise. They're knocking on the door of bringing in 8 figures in terms of revenue, which begs the question...Is Dayton spending enough money to be taken seriously, or does more need to be spent in terms of recruiting?
One thing I do know for sure, every school hates when numbers like these are published for three reasons. One, if they're hemorrhaging money like say Northern Illinois University, it's embarrassing to the alumni and students. Two, if they are showing that they're making a substantial profit but there's no Elite Eight or Final Four appearances, the alumni and students begin to wonder if they are being taken advantage of. The third reason schools hate when this information gets out, is because it gives people like me ammunition in the argument against keeping it illegal to pay these players. I've often said these players bring in a ton of money for their schools, and they should be paid accordingly. The concept of a "student-athlete" is one of the biggest myths out there in sports, and it's time we all stop kidding ourselves and just accept the fact that these players are merely employees of the school and nothing more. Last time I checked, employees should be paid for their work.
Anyway, I hope you find actual tangible dollars basketball programs bring in as interesting as I do.
That's pretty cool. But what's really surprising is that Rossi was the one to inform you of this; considering he's a degenerate animal that bangs anything that has 2-4 legs and has the IQ of a mentally challenged squirrel (on a side note squirrels also crave nuts...think about it). Excuse my ramblings please. Still, really cool link. Rossi, our reunion should be fun this friday, and i'm just kidding about the insults i just threw your way, please dont cry.
ReplyDeleteThanks for the thumbs up and for reading the blog Thomas! I've been told before that to know Rossi is to bust his chops at some point. Still though, Rossi is a big driver of the engine that is Whitey Guccione's Sportsnuggets.
ReplyDeleteCouldn't agree with you more re: paying college athletes. It's amazing how meatballs get very hostile to this argument.
ReplyDelete"What do you mean? They get paid with a FREE EDUCATION.
Exactly right. I mean look at USC. Do you think any of this is happening right now if athletes were paid accordingly for their services? Don't get me wrong I'm enjoying that USC has to pay the piper simply because of how arrogant that institution is, but still it's time to stop using rules that were instituted in the 1950's for goodness sake...
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