And how much is the athletics program bringing in vs. spending? That’s always my first question. The article isn’t specific, but it implies that it’s in the red.
Total expenses for Mountaineer sports exceeded revenue from ticket sales, rights and licensing arrangements, bowl games and investment income by $18 million in 2020, $19 million in 2021 and $15 million in 2022.
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And how much is the athletics program bringing in vs. spending? That’s always my first question. The article isn’t specific, but it implies that it’s in the red.
It is. A lot.
Joe Morris: Defund football, not foreign languages
It’s a bit dated now, but the NCAA even says sports are money losers. https://www.ncaa.org/news/2014/8/20/growth-in-division-i-athletics-expenses-outpaces-revenue-increases.aspx