Quote:
Originally Posted by alnorth
Almost all of them are, if you get rid of direct subsidies from the state and student fees. Texas and roughly 20 other athletic departments are profitable, and thats about it. Everyone else overspends their revenue.
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I don't think that can be true. There are 74 basketball or football programs that had a net profit of 5 million dollars or more in the 2010-11 season out of 139 total major conference teams. Only four lost money, and two of them were USC and Oregon basketball whose football programs netted a combined 20 million.