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In reply to the discussion: Are University Professors overpaid? [View all]Human101948
(3,457 posts)The report found that expenses exceeded revenue at all but 20 schools in the Football Bowl Subdivision.
http://www.al.com/sports/index.ssf/2014/08/ncaa_study_finds_all_but_20_fb.html
More than two of every five teams in the NCAA tournament either didn't make a dime or lost money on their men's basketball program last year.
http://espn.go.com/mens-college-basketball/tournament/2015/story/_/id/12495302/many-ncaa-tournament-teams-did-not-turn-profit
In 2009, Dukes highly successful mens basketball team lost $2 million , Florida Atlantic University had a profit margin of minus 253.7 percent, and Louisiana Tech posted one of minus 306.9 percent. Schools including Rice, Tulane and Colorado State all lost more than $1 million on their mens basketball programs that year.
https://www.washingtonpost.com/opinions/five-myths-about-college-sports/2015/03/13/d50b1626-c8de-11e4-b2a1-bed1aaea2816_story.html