ACC School Revenues

ACC School Revenues

http://ope.ed.gov/athletics/GetOneInstitutionData.aspx
"Here are the figures for all the Acc full members:
Louisville's figures are pretty good considering they are missing at least 10 million from not being in the Acc in 2013:

FSU $104,420,339

Louisville $89,428,348

Syracuse $87,647,822

Virginia $80,983,121

UNC $79,845,782

Duke $79,499,503

Clemson $73,791,753

VT $73,015,503

Miami $71,785,978

NC State $70,500,811

Pitt $66,089,664

BC $65,229,918

Wake $56,247,495

GT $55,526,101"


lumpberpack4

"What doesn't always show on that site is the amount of money the University transfers into their athletic program for annual expenditures. What's reported on that site is almost always a gross revenue total that has entered the athletic department, it looks like "revenue" but revenue transferred in from the university's general fund is not real revenue.

To give an example http://www.usatoday.com/sports/college/s.../finances/

USA today attempted to show that for most schools back in 2012. Back then their numbers detailed internal transfers from the University into athletics of:

MD $15 million
UVa $13 million
Louis $11 million
UNC $ 9 million
VT $ 8 million
FSU $7.5 million
GT $ 7 million
NCSU $6 million
Clemson $ 3.5 million

They omitted numbers for Duke, Wake, Miami, etc.

To get a real "net" revenue number, you have to back out discretionary internal university donations. Then the game becomes how it's shown from an accounting standpoint.

Sometimes that money is a student fee, sometimes it's a student charge for tickets, sometimes it's just a donation

If you look at the US Department of Ed site under the "Not Allocated" revenue line, you will find some of that internal transfer, but not necessarily all - it depends on the schools internal accounting practices.

To give an example in NC:

WF's Not Allocated line is $16 million
Duke's NA line is $3 million
State's NA line is $9 million
UNC's NA line is $15 million

You really do need an audit to determine how much real money is made versus how much loss is paper over and how much revenue is hidden elsewhere.

Historically NC State as a university, has not directly supported it's athletics, for many years the University "donation" to sports has been in the $2 million range. Carolina has always provided much more support to it's programs, and Duke has bled off revenues from basketball into a direct contribution what is the defacto Duke general fund. UVa pumps a lot of money into it's programs, but UVa can afford to do that with a $4 billion endowment. You can see why MD was going broke with the huge internal transfer, but MD needed cut sports and raise more money from the time Len Bias died and Lefty was fired, 25 years ago but they didn't do anything for decades and for years they were bailed out by the MD transfer support.

I may be totally wrong, but I thought I read somewhere that Louisville showed all revenue coming through the YUM center as a revenue for the sports program, which is different from being a tenant in an arena or having a smaller venue that has less revenue and less operating costs.  "