Tuesday, October 25, 2016

Big Money in College Sports: How Is It Spent?

The answer to this question was reported in Inside Higher Ed yesterday. The Knight Commission, a body that provides oversight of NCAA activities, put forth this chart (click to enlarge, see bottom chart):

Illinois is barely in FBS Quartile I. This means (roughly speaking) that 34% of revenues are spent on salaries of coaches and staff. Facilities get 21% of the pie, and athletic aid to student-athletes receives 10%.

How much does the school receive? About 2%, assuming that Illinois is typical.

This imbalance will be harder to maintain as state universities, such as the University of Illinois, cut and reorganize academic units while the athletic side spends lavishly on salaries and facilities.

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