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re: The 23 universities that make at least $125 million annually from their sports teams
Posted on 1/27/24 at 7:18 am to Themicah86
Posted on 1/27/24 at 7:18 am to Themicah86
quote:
I have always heard there are only a handful of profitable men's basketball teams much less women's basketball teams. Which this list had every single schools women's teams making a couple million a year. Are they not accounting for something that was usually factored into that number?
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations1345. Profit, which is typically called net profit or the bottom line, is the amount of income that remains after accounting for all expenses, debts, additional income streams, and operating costs12345. The key difference between revenue and profit is that revenue has not had any expenses deduct
TLDR
Revenue is total monies taken in by the sport. Profit is when all expenses are taken out of the revenue. Profit is much more telling to the health of a sport than revenue...although revenue is important, too. The more revenue taken in the better the chance they have of making a profit.
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Hope this makes sense.
Posted on 1/27/24 at 12:54 pm to DawgsLife
quote:
Revenue is total monies taken in by the sport. Profit is when all expenses are taken out of the revenue. Profit is much more telling to the health of a sport than revenue...although revenue is important, too. The more revenue taken in the better the chance they have of making a profit.
Good post. I would love to see the profit rankings rather than revenue which can be misleading due to revenue sharing.
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