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re: Does Basketball make money?

Posted on 2/9/23 at 6:57 am to
Posted by pioneerbasketball
Team Bunchie
Member since Oct 2005
132323 posts
Posted on 2/9/23 at 6:57 am to
quote:

but basketball typically breaks even and in some cases might turn a small profit.

Posted by bamabaseballsec
Member since Dec 2020
1355 posts
Posted on 2/9/23 at 7:22 am to
Football obviously, and basketball are the major profits. But wbb hockey and baseball are the most watched college sports in that order after football and bball so I’m assuming with rev sharing these would all be profit gains or break evens for everyone, everything else is a drain.
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 2/9/23 at 9:36 am to
Football

The biggest revenue producer among college sports is no surprise: It’s football. College football brings in an average of $31.9 million per school per year, financial website Zacks.com reported. That’s an eye-popping number, but it’s even more impressive when you see that number is more than the next 35 college sports combined.


Basketball

The No. 2 revenue-producing sport for college is basketball, which brings $8.1 million per school. The bulk of revenue for basketball comes from CBS Sports’ deal to broadcast the NCAA Tournament, which is worth $1.1 billion per year.


Like I said, basketball makes a small profit, and in some cases breaks even. I'm sure some schools, basketball probably is the bigger money maker, but as a whole....no.
Posted by stang14
Member since Nov 2019
965 posts
Posted on 2/9/23 at 9:38 am to
Not if they continue to pay coach 20 times more than the job is worth.
Posted by DawgsLife
Member since Jun 2013
58915 posts
Posted on 2/9/23 at 9:42 am to
quote:

Football obviously, and basketball are the major profits. But wbb hockey and baseball are the most watched college sports in that order after football and bball so I’m assuming with rev sharing these would all be profit gains or break evens for everyone, everything else is a drain.


Actually the #3 moneymaker for college athletics is hockey. Surprised me, too.

Hockey

The No. 3 revenue-producing sport is men’s hockey, coming in at $2.5 million per school. No surprise, but the top schools in terms of hockey revenue are all in the north: Wisconsin leads the way at $6.2 million, followed by Minnesota-Duluth ($5.8 million), Providence ($5.6 million), Boston ($5.6 million) and Northeastern ($5.5 million).


Of course you said baseball and WBB was the next most watched sport.......and you might be right, I guess. I'm not sure about watched as opposed to money making.

(I should say that I only went to one source, so it could be flawed, because it boggles my mind for Hockey to be that highly ranked)
This post was edited on 2/9/23 at 9:43 am
Posted by markinkaty
Katy Tx
Member since Dec 2019
4507 posts
Posted on 2/9/23 at 11:56 am to
Strange that Kansas isn't in top ten of revenue. They are all about the basketball.
Posted by Deacon Reds
Member since Feb 2018
924 posts
Posted on 2/9/23 at 12:04 pm to
No, and neither do the dumbarses that watch it.
Posted by Scoob
Near Exxon
Member since Jun 2009
20373 posts
Posted on 2/9/23 at 1:20 pm to
quote:

Does Basketball make money?
Umm, yeah.

It's harder to find examples now, because schools are moving to conferences for football (which usually makes MORE money)... but there's a good bit of D1 schools where basketball is the big money maker. Look at Uconn, Villanova, Georgetown, Gonzaga, DePaul back in the day, etc.

Memphis, Louisville and Temple USED to be in that group, but they're in football conferences now (Louisville in the ACC, the others in the AAC).
Posted by bamabaseballsec
Member since Dec 2020
1355 posts
Posted on 2/10/23 at 6:46 am to
I couldn’t remember I was just really shocked hockey and wbb were ahead of baseball. Football and basketball aren’t a shock as nfl is most watched pro sport followed by nba. What’s surprising is mlb is ahead of hockey and wbb at the pro level but behind at college level.
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