PROFIT: Alabama made money from athletics

The Alabama athletic department turned a profit in 2009. It was one of the rare schools to do that.

AP: A newly released NCAA report shows that just 14 of the 120 Football Bowl Subdivision schools made money from campus athletics in the 2009 fiscal year, down from 25 the year before.

Researchers blame the sagging economy and suggested that next year’s numbers could be even worse.

The research was done by accounting professor Dan Fulks of Transylvania University, a Division III school in Lexington, Ky. It shows the median amount paid by the 120 FBS schools to support campus athletics grew in one year from about $8 million to more than $10 million.

The NCAA doesn’t release individual schools’ revenues and expenses. But Fulks confirmed that Alabama, Florida, Ohio State, Texas and Tennessee are among the select group that made money from athletics. So is Missouri, which reported generating $2 million in profits from campus athletics in 2009. (read more of the report below)

3 Comments

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  1. 1
    Finebammer

    I wonder if anyone will run gary neil drummond down and ask him about the wisdom of the Nick Saban hire now???

    Thanks for this extends to a lot of people but the ones generally forgotten are the average fan. Hats ans shirts and books and magazines have flown off the shelves. Not only is Daniel Moore raking it in but every two bit artist in this state.

    Alabama people spend money, from the forklift operator to the CEO.

    And the university profits even in the worst of times.

    (no matter how they shit on us at the games)

  2. 2
    13andCounting

    You know how some fans of certain schools always make comments like “most of your fans didn’t even go to Alabama”.

    This article kinda makes them look like fools.

    Another reason why UA is a special place…alums and fans alike both contribute to the success of athletics at Alabama.

  3. 3
    Finebammer

    You know how some fans of certain schools always make comments like “most of your fans didn’t even go to Alabama”.

    To which I usually respond ‘neither did most of the players or their families before they came to your school to play ball for you, you pretentious bastard’.

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