Only 19 college football teams generate profit - SECTalk Boards

Jump to content

Welcome to SECTalk.com

Welcome to SECTalk.com -- The Home of 6 Straight National Titles!

You are currently accessing our site as a guest which means you can't access all of our features such as social groups, sports betting, and many more. By joining our free community you will have access to all of these great features as well as to participating in our forums, contacting other members, and much more. Registration only takes a minute and SECTalk.com is absolutely free thanks to Pro Dunk Hoops which specializes in premium adjustable basketball goals, so please join today!

If you have any problems registering or signing in, please contact us.

Latest Topics

Latest News


Top High Fived

Top Bettors


Only 19 college football teams generate profit

- - - - -

33 replies to this topic

#1
Noah.Dreams

  • lex parsimoniae

  • Members
  • PipPipPipPipPipPipPipPipPip
  • Posts:
    7,600
  • Joined:
    Jan 2004
  • Location:
    Atlanta
  • Cash:
    3,350
  • High Fives:
    738
And just think, over half of the SEC teams will clear over $20 million each annually.

For the 2006 fiscal year, 19 institutions in Division I-A football reported a profit from athletics, with an average of $4.3 million, according to Dan Fulks, an accounting professor at Transylvania University who analyzes athletic finances for the NCAA. Those 19 included many SEC schools, he said. The 99 other schools lost an average of $8.9 million.
After everything is said and done, more is said than done. - Noah

#2
Fadeproof

  • Members
  • PipPipPipPip
  • Posts:
    160
  • Joined:
    Apr 2005
  • Cash:
    1,300
  • High Fives:
    0

Noah.Dreams said:

And just think, over half of the SEC teams will clear over $20 million each annually.

For the 2006 fiscal year, 19 institutions in Division I-A football reported a profit from athletics, with an average of $4.3 million, according to Dan Fulks, an accounting professor at Transylvania University who analyzes athletic finances for the NCAA. Those 19 included many SEC schools, he said. The 99 other schools lost an average of $8.9 million.


That is impressive. I dont know what our rank is but I do know that UGA has one of the most profitable programs in the country.
GooooOOOOOOOOOO DAWGS! SIC EM WOOF! WOOF! WOOF!

#3
the Prodigy

  • Members
  • PipPipPipPipPipPipPipPipPip
  • Posts:
    6,638
  • Age:
    25
  • Joined:
    Jun 2007
  • Cash:
    1,300
  • High Fives:
    174
Who are they?
Bustin' chops
Original Image: <a href='http://i14.photobucket.com/albums/a350/babywhiz/pelstfu.gif' class='bbc_url' title='External link' rel='nofollow external'>http://i14.photobuck...hiz/pelstfu.gif</a>[SIGPIC][/SIGPIC]

#4
GatorUnvrsty

  • AdminisGator

  • Administrators
  • PipPipPipPipPipPipPipPipPipPip
  • Posts:
    21,167
  • Joined:
    Dec 2006
  • Location:
    Columbus, OH... rubbing it in
  • Cash:
    2,070
  • High Fives:
    1,414
As of 2007:

Top College Football Revenues
Texas $60.9 million
Ohio State $60.8 million
Georgia $58.7 million
Michigan $50.4 million
Florida $48.2 million

Top College Football Profits
Georgia $44.1 million
Texas $42.5 million
Michigan $37.6 million
Florida $32.4 million
Ohio State $28.5 million

In '06, the top 15 in profit looked like this:

1. Notre Dame
2. Texas
3. Georgia
4. Michigan
5. Florida
6. Ohio State
7. Alabama
8. Tennessee

9. Oklahoma
10. LSU
11. Auburn

12. Penn State
13. South Carolina
14. Texas A&M
15. Wisconsin

EDIT: Here's the list of top revenue producing athletic departments, from all sports:

1. Ohio State -- 104.7
2. Texas -- 97.8
3. Virginia -- 92.7
4. Michigan -- 85.5
5. Florida -- 82.4
6. Georgia -- 79.2
7. Wisconsin -- 78.9
8. Notre Dame -- 78.2
9. Texas A&M -- 70.9
10. Penn State -- 70.5
Original Image: <a href='http://i219.photobucket.com/albums/cc12/g8r8u2/UFHeismanTrophyQBs2011-1-1.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i219.photobuc...QBs2011-1-1.jpg</a>
Original Image: <a href='http://i219.photobucket.com/albums/cc12/g8r8u2/UFNCRings.png' class='bbc_url' title='External link' rel='nofollow external'>http://i219.photobuc...2/UFNCRings.png</a>
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _2010 SECTalk BRACKETOLOGY CHAMP

If it's not the SEC, it's the JV.

#5
JerryBeeds

  • Members
  • PipPipPipPipPipPipPipPipPipPip
  • Posts:
    16,366
  • Age:
    31
  • Joined:
    Jan 2005
  • Cash:
    1,300
  • High Fives:
    1,096
We were in the top 15 in '07 as well. More proof that our fund raising campaign has been a smashing success.
SEC Talk SEC Pickem' 2006/07 Co-Champion

Original Image: <a href='http://i1115.photobucket.com/albums/k548/jrs-21/Sig-Beeds1.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i1115.photobu.../Sig-Beeds1.jpg</a>

#6
uscrules

  • Members
  • PipPipPipPipPipPipPipPipPip
  • Posts:
    5,493
  • Joined:
    Aug 2005
  • Location:
    Greer, SC
  • Cash:
    1,675
  • High Fives:
    315
That is impressive. 7 out of the top 13 are from the SEC.
Original Image: <a href='http://i117.photobucket.com/albums/o68/dougjy/JadeveonClowney.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i117.photobuc...veonClowney.jpg</a>

#7
FightinTiger71

  • Members
  • PipPipPipPipPip
  • Posts:
    368
  • Age:
    26
  • Joined:
    Nov 2005
  • Cash:
    1,300
  • High Fives:
    0

gatorunvrsty said:

In '06, the top 15 in profit looked like this:

1. Notre Dame


Why are people so stupid that they actually like Notre Dame much less pay a bunch of money to watch them lose in the regular season and then 8 or 9 straight bowl games?????
Original Image: <a href='http://i114.photobucket.com/albums/n273/nellanaesp/Fightintiger71sig.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i114.photobuc...ntiger71sig.jpg</a>

#8
zartan

  • troll Tide

  • Members
  • PipPipPipPipPipPipPipPipPipPip
  • Posts:
    10,516
  • Joined:
    Nov 2007
  • Cash:
    1,300
  • High Fives:
    1,542

FightinTiger71 said:

Why are people so stupid that they actually like Notre Dame much less pay a bunch of money to watch them lose in the regular season and then 8 or 9 straight bowl games?????

see also "dallas cowboys" and "new york yankees"...
Original Image: <a href='http://img257.imageshack.us/img257/8991/sigzartanhk2.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://img257.images...igzartanhk2.jpg</a>

#9
azamugg

  • Banned

  • Banned
  • PipPipPipPipPipPipPipPipPipPip
  • Posts:
    16,112
  • Age:
    46
  • Joined:
    Dec 2005
  • Cash:
    2,300
all LSU has to do to top the list next year is raise the price of corndogs in the stadium
Original Image: <a href='http://i81.photobucket.com/albums/j219/ToddScott21/muggz-war.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i81.photobuck...1/muggz-war.jpg</a>
Original Image: <a href='http://pic.pbsrc.com/spacer.gif' class='bbc_url' title='External link' rel='nofollow external'>http://pic.pbsrc.com/spacer.gif</a>

Original Image: <a href='http://lolsnaps.com/upload_images/real/316.gif' class='bbc_url' title='External link' rel='nofollow external'>http://lolsnaps.com/...es/real/316.gif</a>

#10
GatorBait15

  • Go Gators

  • Members
  • PipPipPipPipPipPipPipPipPip
  • Posts:
    6,697
  • Age:
    21
  • Joined:
    Oct 2007
  • Cash:
    1,300
  • High Fives:
    63

zartan said:

see also "dallas cowboys" and "new york yankees"...


same reason Bama fans do...

tradition
Original Image: <a href='http://i471.photobucket.com/albums/rr77/Sabanocchio/Signatures/Sig-Gatorbait15e.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i471.photobuc...atorbait15e.jpg</a>

D^3 said:

It'll be 1980 all over again... with the Dawgs beating Florida en route to a National Championship.

#11
Noah.Dreams

  • lex parsimoniae

  • Members
  • PipPipPipPipPipPipPipPipPip
  • Posts:
    7,600
  • Joined:
    Jan 2004
  • Location:
    Atlanta
  • Cash:
    3,350
  • High Fives:
    738
I'd pay to watch Notre Dame lose any day.

FightinTiger71 said:

Why are people so stupid that they actually like Notre Dame much less pay a bunch of money to watch them lose in the regular season and then 8 or 9 straight bowl games?????

After everything is said and done, more is said than done. - Noah

#12
PaperShaker

  • Work, Hard Work

  • Members
  • PipPipPipPipPipPipPip
  • Posts:
    2,437
  • Age:
    20
  • Joined:
    Feb 2008
  • Cash:
    3,250
  • High Fives:
    242

FightinTiger71 said:

Why are people so stupid that they actually like Notre Dame much less pay a bunch of money to watch them lose in the regular season and then 8 or 9 straight bowl games?????


Because they're not fair-weather fans.

#13
Kevhugh

  • Members
  • PipPipPipPipPipPipPipPip
  • Posts:
    2,559
  • Joined:
    Mar 2005
  • Cash:
    1,300
  • High Fives:
    69

azamugg said:

all LSU has to do to top the list next year is raise the price of corndogs in the stadium


...and UF could take the lead if they'd license logo jorts.:ph34r:

Original Image: <a href='http://i131.photobucket.com/albums/p298/kevhugh/gamecocks_bigger.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i131.photobuc...ocks_bigger.jpg</a>Original Image: <a href='http://i131.photobucket.com/albums/p298/kevhugh/gamecocks_bigger.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i131.photobuc...ocks_bigger.jpg</a>Original Image: <a href='http://i131.photobucket.com/albums/p298/kevhugh/gamecocks_bigger.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i131.photobuc...ocks_bigger.jpg</a>Original Image: <a href='http://i131.photobucket.com/albums/p298/kevhugh/gamecocks_bigger.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i131.photobuc...ocks_bigger.jpg</a>


#14
True Grit

  • Members
  • PipPipPipPipPipPipPip
  • Posts:
    1,176
  • Joined:
    Jul 2007
  • Cash:
    1,300
  • High Fives:
    0
Id say 10 is pretty good considering we are in a small market. I guess it helps that we are the only major college in the state though.
Original Image: <a href='http://www.dirtycoast.com/images/louisiana-large.gif' class='bbc_url' title='External link' rel='nofollow external'>http://www.dirtycoas...siana-large.gif</a>

#15
GatorUnvrsty

  • AdminisGator

  • Administrators
  • PipPipPipPipPipPipPipPipPipPip
  • Posts:
    21,167
  • Joined:
    Dec 2006
  • Location:
    Columbus, OH... rubbing it in
  • Cash:
    2,070
  • High Fives:
    1,414

True Grit said:

Id say 10 is pretty good considering we are in a small market. I guess it helps that we are the only major college in the state though.


That's definitely one thing to consider when you look at the list. How many in-state programs is your school competing with for market share? Most states only really have 2 major programs to support. Ohio only has one. For states like California, Texas, and Florida, it's a little more difficult to grab such a large percentage of the profit.
Original Image: <a href='http://i219.photobucket.com/albums/cc12/g8r8u2/UFHeismanTrophyQBs2011-1-1.jpg' class='bbc_url' title='External link' rel='nofollow external'>http://i219.photobuc...QBs2011-1-1.jpg</a>
Original Image: <a href='http://i219.photobucket.com/albums/cc12/g8r8u2/UFNCRings.png' class='bbc_url' title='External link' rel='nofollow external'>http://i219.photobuc...2/UFNCRings.png</a>
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _2010 SECTalk BRACKETOLOGY CHAMP

If it's not the SEC, it's the JV.







1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users