From the blog of @SenatorBlutarsky
If only they handed out championships for making money.
"If you’re wondering whether Georgia did okay, well, judge for yourself.
– Revenues: $176,699,894
– Expenses: $124,029,698
– Profit: $52,670,196
– Men’s Teams
— Revenue: $142,260,691
— Expenses: $61,790,672
— Profit: $80,470,019
– Women’s Teams
— Revenue: $4,704,781
— Expenses: $19,328,309
— Losses: -$14,623,528
– Football
— Revenue: $129,023,591
— Expenses: $44,909,546
— Profit: $84,114,045
– Men’s Basketball
— Revenue: $10,252,418
— Expenses: $8,539,387
— Profit: $1,713,031
"Overall athletic department revenue is up and so is the net profit. The real eye-opener is football profit, which increased from $56,947,313 in fiscal year 2017 to an astounding $84,114,045. Doing the math, it appears that almost $32 million of that figure went into subsidizing other programs besides men’s basketball and, of course, general administrative expenses.
The comparison with Georgia’s thirteen SEC peers is quite remarkable, as well.
1. Georgia: $176,699,894 Revenue, $124,029,698 Expenses, $52,670,196 Profit
2. Alabama: $181,470,156 Revenue, $149,583,715 Expenses, $31,886,441 Profit
3. Auburn: $147,620,572 Revenue, $132,354,047 Expenses, $15,266,525 Profit
4. Mississippi State: $93,752,613 Revenue, $83,560,214 Expenses, $10,192,399 Profit
5. Texas A&M: $152,971,142 Revenue, $143,231,483 Expenses, $9,739,659 Profit
6. LSU: $145,422,795 Revenue, $137,451,522 Expenses, $7,971,273 Profit
7. Vanderbilt: $80,093,541 Revenue, $74,070,975 Expenses, $6,022,566 Profit
8. Arkansas: $132,545,645 Revenue, $130,595,275 Expenses, $1,950,370 Profit
9. Kentucky: $125,462,485 Revenue, $125,236,165, $226,320 Profit
10. South Carolina: $140,084,150 Revenue, $139,972,480 Expenses, $111,670 Profit
T11. Florida: $157,240,476 Revenue, $157,240,476 Expenses, $0 Profit
T11. Tennessee: $142,686,084 Revenue, $142,686,084 Expenses, $0 Profit
T11. Ole Miss: $99,157,535 Revenue, $99,157,535 Expenses, $0 Profit
T11. Missouri: $93,744,322 Revenue, $93,744,322 Expenses, $0 Profit"
https://blutarsky.wordpress.com/2019/06/26/if-only-they-handed-out-championships-for-making-money/
If only they handed out championships for making money.
"If you’re wondering whether Georgia did okay, well, judge for yourself.
– Revenues: $176,699,894
– Expenses: $124,029,698
– Profit: $52,670,196
– Men’s Teams
— Revenue: $142,260,691
— Expenses: $61,790,672
— Profit: $80,470,019
– Women’s Teams
— Revenue: $4,704,781
— Expenses: $19,328,309
— Losses: -$14,623,528
– Football
— Revenue: $129,023,591
— Expenses: $44,909,546
— Profit: $84,114,045
– Men’s Basketball
— Revenue: $10,252,418
— Expenses: $8,539,387
— Profit: $1,713,031
"Overall athletic department revenue is up and so is the net profit. The real eye-opener is football profit, which increased from $56,947,313 in fiscal year 2017 to an astounding $84,114,045. Doing the math, it appears that almost $32 million of that figure went into subsidizing other programs besides men’s basketball and, of course, general administrative expenses.
The comparison with Georgia’s thirteen SEC peers is quite remarkable, as well.
1. Georgia: $176,699,894 Revenue, $124,029,698 Expenses, $52,670,196 Profit
2. Alabama: $181,470,156 Revenue, $149,583,715 Expenses, $31,886,441 Profit
3. Auburn: $147,620,572 Revenue, $132,354,047 Expenses, $15,266,525 Profit
4. Mississippi State: $93,752,613 Revenue, $83,560,214 Expenses, $10,192,399 Profit
5. Texas A&M: $152,971,142 Revenue, $143,231,483 Expenses, $9,739,659 Profit
6. LSU: $145,422,795 Revenue, $137,451,522 Expenses, $7,971,273 Profit
7. Vanderbilt: $80,093,541 Revenue, $74,070,975 Expenses, $6,022,566 Profit
8. Arkansas: $132,545,645 Revenue, $130,595,275 Expenses, $1,950,370 Profit
9. Kentucky: $125,462,485 Revenue, $125,236,165, $226,320 Profit
10. South Carolina: $140,084,150 Revenue, $139,972,480 Expenses, $111,670 Profit
T11. Florida: $157,240,476 Revenue, $157,240,476 Expenses, $0 Profit
T11. Tennessee: $142,686,084 Revenue, $142,686,084 Expenses, $0 Profit
T11. Ole Miss: $99,157,535 Revenue, $99,157,535 Expenses, $0 Profit
T11. Missouri: $93,744,322 Revenue, $93,744,322 Expenses, $0 Profit"
https://blutarsky.wordpress.com/2019/06/26/if-only-they-handed-out-championships-for-making-money/
