Quote: Trans: That's not a probably. That's a for sure. High school and College Football/Basketball program revenues pretty much pay for everything in an athletic program. The Alabama soccer coach needs to say thank you Coach Saban. "Roll Tide".
Actually, the last time I looked, slightly more than 50% of all division I and II football programs and slightly more than 50% of all division I basketball programs run a deficit. This despite the fact that most universities typically heavily subsidize athletics and administrative costs are typically underreported.
However, if you had said "most" and "Division 1-A", you'd no doubt been largely correct.
And if you had said "Alabama" - with more than $90M in football revenues (couldn't find profits for same time period, but a few years before they were north of $40M), then you'd have been absolutely correct.
Key here is that "revenue" isn't the same as "profit" and that "Alabama" isn't the same as "Furman."
