The first conference we’re looking at is the ACC. The chart is sorted by ’10-11 profits for each football and men’s basketball program from greatest profit to least. The “% Invested” column shows how much of the specific sport’s revenue goes back into that specific sport. Please read below before viewing the financials.
About the data: All of the data is from reports each school files with the US Department of Education. It is the only available data for both public and private universities. However, there can be variances in how each school chooses to report data. For example, each school can decide for itself whether to break out television revenue by sport or leave it in a generic revenue category, which causes variances. After speaking with dozens of schools the most common practice appears to be attributing the majority of television revenue to football and a portion to basketball. The most common split is 65/35.
There are also variances from year-to-year, so be careful when comparing this data to last year’s data. For example, Florida State’s football program showed a gain of approximately $14 million from ’09-’10 to ’10-’11. When contacted for comment FSU explained that in ’10-’11 they broke out contributions by sport, which they hadn’t done previously.
Although far from perfect, this data is the only available data for all Division I programs. We just want to make you aware of the possible variances and will let you draw your own conclusions.
After writing about the football finances of the SEC and Big Ten, it’s the ACC’s turn. The numbers are drawn from schools’ reports to the U.S. Department of Education on the state of their athletic departments’ finances for July 1, 2009 to June 30, 2010. See the note at the end for more details on the data.
I don’t think the schools on top of the revenue list in the ACC will surprise anyone:
|Univ. of Miami||$24,631,029.00|
|Univ. of North Carolina||$22,077,550.00|
|North Carolina State||$22,018,738.00|
|Univ. of Virginia||$19,004,653.00|
|Florida State Univ.||$18,958,861.00|
|Univ. of Maryland||$11,540,368.00|
|Wake Forest University||$10,227,922.00|
I also don’t think you’ll be surprised to hear that the average revenue in the ACC ($21m) is less than half that of the SEC ($50m) and only slightly better than half that of the Big Ten ($41m). Read the rest of this entry