Money Ball: The Business Side Of HBCU Sports
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Posted By: Russell Clark on August 26, 2010 From time to time HBCUSportsOnline will take a hard look at the "dollars and sense" of black college sports. We will interview administrators, review marketing strategies and analyze the numbers. This week, guest writer Francis Niles takes a hard look at the profit and loses at MEAC and SWAC member institutions as well as other FCS schools. By Francis Niles This Legacy Bowl "speculation", whether true or not, inspired me to begin preliminary research on school athletic budgets and programs. I have been posting information here and there and the information has been rather interesting indeed. I figured it is time to just simply gather everything in one post so that others may find it and use it for their own information. Please, click the links, read the information, ask questions and demand answers from your schools. I also hope this inspires more people to actually get out there and not just donate $$$ but try an understand that helping out their universities is in the benefit of everyone. The information from this research is from the 2008/2009 fiscal school year from http://ope.ed.gov/athletics/index.aspx. First, look at the expenses and revenues for each MEAC team specific to the football portion of the athletic budget. I didn't include WSSU in this because they aren't in the MEAC anymore. I did include North Carolina Central and Savannah State because they are in the process of becoming full members of the MEAC in 2011. Bethune-Cookman Univ. Revenue - $3,071,002 Expenses - $3,071,002 Delaware State Revenue - $3,537,133 Expenses - $3,258,427 Florida A&M Revenue $2,500,000 Expenses $2,350,000 Hampton Revenue $2,930,977 Expenses $2,531,723 Howard Revenue $2,525,931 Expenses $2,427,134 Morgan State Revenue $2,059,489 Expenses $2,059,489 Norfolk State Revenue $2,458,242 Expenses $2,073,504 North Carolina A&T Revenue $1,953,428 Expenses $1,953,428 North Carolina Central Revenue $1,641,014 Expenses $1,632,364 Savannah State Revenue $995,770 Expenses $1,010,499 South Carolina State Revenue $4,024,930 Expenses $2,679,039 For remaining MEAC & SWAC Football Budgets: http://hbcusportsonline.com/media/2010/08/... If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Russell Clark
From Decatur, GA Member Since March 2010 |
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