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notrelame ftw
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Iknowmorethanu said...
I get your point, but there are very few that turn a positive revenue in their sports. There might be 1, maybe 2 that turn a profit in Whoops. Same with baseball.........that number will be slightly higher than Whoops, but not much. Hockey is in that same boat. Very few programs can pay for themselves in these sports. Football foots the bill for athletics nearly everywhere. With that said, there are many football programs in the red as well. UM was a regular in the red, which is amazing (no pun intended) when you factor in tickets sold etc. MSU is very rare in that they turn a profit in Mhoops and football. No longer do they in hockey.
This post has been edited 2 times, most recently by Chitown_Badger on 12/19/2011 at 12:57 PM
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Chitown_Badger said...
I'm guessing because it's an amateur sport, and as such does not need to make money to justify it's existence. If the only sports offered were those that made money, you could say goodbye to field hockey, soccer, baseball, swimming, gymnastics, track, etc.
This post has been edited 3 times, most recently by Giant Moose on 12/19/2011 at 1:11 PM
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Giant Moose said...
I disagree about hockey. A lot of the schools in hockey have pretty tiny athletic budgets overall and don't have huge football money to rely on. Somehow they make it work. Schools must be making at least some money on their hockey programs otherwise how could they justify the sport?
This post has been edited 3 times, most recently by Chitown_Badger on 12/19/2011 at 1:10 PM
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Chitown_Badger said...
I'm guessing because it's an amateur sport, and as such does not need to make money to justify it's existence. If the only sports offered were those that made money, you could say goodbye to field hockey, soccer, baseball, swimming, gymnastics, track, volleyball (that would be a crime), etc.
According to this guy, only about 60% of men's hoops and football programs make a profit. So in many cases, the "cash cow" is a money suck like the other sports. Still haven't found anything on profitable hockey programs.
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Giant Moose said...
I added this above but it's not showing up (247 glitch?):
I should clarify that to say that the big schools like MSU may not be making money since they can afford not to due to their football money. Losing say $2 million on hockey at an MSU is no big deal when you make way more than that in football. Losing $2 million on hockey at a school like say, LSSU, would kill them.
----
But yeah, you can use that argument fine at big schools who can afford to burn some hockey money. But at an LSSU or NMU they rely on hockey to actually make money for the school. So, I just question if there are only a few schools making money on hockey. Because for some of them, a large deficit would kill the athletics program I would think.
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Compairson of Programs Across 4 Revenue Sports