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Full-Text Articles in Social and Behavioral Sciences
The Bottom Line: Accounting For Revenues And Expenditures In Intercollegiate Athletics, Victor Matheson, Debra J. O'Connor, Joseph H. Herberger
The Bottom Line: Accounting For Revenues And Expenditures In Intercollegiate Athletics, Victor Matheson, Debra J. O'Connor, Joseph H. Herberger
Economics Department Working Papers
This paper examines the profitability of Division I athletic programs at colleges and universities in the United States under a variety of accounting definitions of profit. The data identify several broad themes. First, a majority of athletic departments rely heavily on direct and indirect subsidization of their programs by the student body, the institution itself, and state governments in order to balance their books. Without such funding, less than a third of BCS athletic departments and no non-BCS departments are in the black. Second, athletic programs rely heavily on contributions to balance their books. Donations to athletic departments may serve …