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Many programs in the five most powerful conferences — the Atlantic Coast, Big 10, Big Twelve, Pac-12 and Southeastern — have agreed to pay out $1 million or more in additional aid each year to finance scholarships. Colleges have rarely dropped sports or moved to a lower, less-expensive, NCAA level in response to added financial pressures.
The University of Texas' football program, which was the most valuable in college sports in the early 2010s, was estimated by Forbes to be worth over $133 million in 2013, totaling over $1 billion in the previous 10 years. [40]
At most colleges, athletics are a money-losing proposition that would not exist without billions of dollars in mandatory student contributions — a burden that grows greater every year, according to our review of five years of NCAA financial reports obtained through public records requests from 201 D-1 universities.
Division I athletic programs generated $8.7 billion in revenue in the 2009–10 academic year. Men's teams provided 55%, women's teams 15%, and 30% was not categorized by sex or sport. Football and men's basketball are usually a university's only profitable sports, [4] and are called "revenue sports". [5]
List of college athletic programs in Alabama; List of college athletic programs in Alaska; List of college athletic programs in Arizona; List of college athletic programs in Arkansas
Forgive Texas A&M if the university adopts former Aggies quarterback Johnny Manziel's notorious money celebration as its official slogan.
The 12 college football playoff teams were worth more than most other teams across the country. One company estimates the 12 rosters combined made up around $150 million.
Another way to view the divide between rich and poor college sports programs is to compare the 50 universities most reliant on subsidies to the 50 colleges least reliant on that money. The programs that depend heavily on student fees, institutional support and taxpayer dollars have seen a jump in income in the past five years — and also a ...