Opinion | What Just Happened at West Virginia University Should Worry All of Us
Opinion | What Just Happened at West Virginia University Should Worry All of Us
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And how much is the athletics program bringing in vs. spending? That's always my first question. The article isn't specific, but it implies that it's in the red.
It’s a bit dated now, but the NCAA even says sports are money losers. https://www.ncaa.org/news/2014/8/20/growth-in-division-i-athletics-expenses-outpaces-revenue-increases.aspx
It is. A lot.
Total expenses for Mountaineer sports exceeded revenue from ticket sales, rights and licensing arrangements, bowl games and investment income by $18 million in 2020, $19 million in 2021 and $15 million in 2022.
