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re: SEC distributed $40.4 million to each school for the 2015-16 fiscal year
Posted on 2/3/17 at 8:14 am to Gary Busey
Posted on 2/3/17 at 8:14 am to Gary Busey
Thing about that, is that revenue from athletics is chicken feed frankly.
If you look at endowments, it is almost the inverse of your list.
A&M is by far the wealthiest school (oil lease money, though mostly residual stuff now from investments made with that money)
Vanderbilt
Missouri (Florida possibly could have a bigger endowment, would have to look it up).
Basically well heeled alumni do more for a school's bottom line than athletics. Will say the closer you get to the old industrial heartland the better finances look for schools.
If you look at endowments, it is almost the inverse of your list.
A&M is by far the wealthiest school (oil lease money, though mostly residual stuff now from investments made with that money)
Vanderbilt
Missouri (Florida possibly could have a bigger endowment, would have to look it up).
Basically well heeled alumni do more for a school's bottom line than athletics. Will say the closer you get to the old industrial heartland the better finances look for schools.
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