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re: Link to LA Governor threatening to shutdown college football
Posted on 2/12/16 at 8:33 am to logjamming
Posted on 2/12/16 at 8:33 am to logjamming
quote:
LSU's athletic department gives money back to the school.
Its kind of a drop in the bucket, though.
2
Posted on 2/12/16 at 9:16 am to TxTiger82
quote:
LSU's athletic department gives money back to the school. Its kind of a drop in the bucket, though.
If $10 million is a drop in the bucket to you
Unlike most of its peers, LSU’s athletics department actually gives money to the academic side of campus. The university receives at least $7.2 million each year from athletics as part of an agreement from 2012 to help offset budget cuts.
In 2015, LSU athletics paid more than $10 million to the university.
Most of the profits come from football, which generated $42.9 million in 2015, versus $23 million in expenses. LSU baseball generated $3.2 million in 2014, covering its $2.9 million in expenses. (In 2015, baseball ran a small deficit.)
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Posted on 2/12/16 at 9:49 am to TxTiger82
In the grand scheme, yes, $8million is a drop in the bucket, but the $100million a year that TAF saves the school by operating the athletic budget autonomously isn't.
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