Interesting look at PSU's revenue and expense breakdown by sport. Only 2 profitable sports, as we could have guessed, but interesting to see the numbers behind everything.
Credit on X: https://twitter.com/JeffBarnes52/status/2042060774370050479
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Yep. Football is king.
@evanalvarez8 we make a little more on bball but it’s still not much compared to football
agree. Interesting info.
This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
Cant wait to see the - Penn State spent $15 million for their basketball roster last year! posts. 🤣
Like people claim we paid 32 million... LOL
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This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
This has always been the case though imo - I think it's just the nature of college athletics. Nearly every sport at every college across the country loses and has lost money year after year. Football carries and men's basketball, sometimes, does heavy lifting as well. Women's volleyball and women's basketball programs make money too at good programs, but largely run a deficit as well (I believe).
Check out my latest at Hoosier Huddle here
Surprised to see Wrestling brings in $6M+
This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
This has always been the case though imo - I think it's just the nature of college athletics. Nearly every sport at every college across the country loses and has lost money year after year. Football carries and men's basketball, sometimes, does heavy lifting as well. Women's volleyball and women's basketball programs make money too at good programs, but largely run a deficit as well (I believe).
What’s different is the now acute awareness men’s basketball and football players have regarding the revenue and expense information. Some very bright people on the rapidly shrinking periphery of college sports are well into the ears of players to let them know how much leverage they truly have in all of this. A player’s union, collecting bargaining and the perceived threat of a “work” stoppage are all real possibilities on the horizon, which likely will lead to the stability that college sports needs.
This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
This has always been the case though imo - I think it's just the nature of college athletics. Nearly every sport at every college across the country loses and has lost money year after year. Football carries and men's basketball, sometimes, does heavy lifting as well. Women's volleyball and women's basketball programs make money too at good programs, but largely run a deficit as well (I believe).
What’s different is the now acute awareness men’s basketball and football players have regarding the revenue and expense information. Some very bright people on the rapidly shrinking periphery of college sports are well into the ears of players to let them know how much leverage they truly have in all of this. A player’s union, collecting bargaining and the perceived threat of a “work” stoppage are all real possibilities on the horizon, which likely will lead to the stability that college sports needs.
Ordfan, just making stuff up again.
FB and MBB players are happy to be making the tons of money they're making right now and don't care about the rest of it.
National champs like 10 years in a row? Something like that.Surprised to see Wrestling brings in $6M+
Yeah, I was almost offended when Penn State started dominating wrestling. When I was younger that was Iowa's right.
It is indeed interesting. In the grand scheme of their budget the non revenue sports losses aren't a massive drain. Significant for sure, but countered, arguably, by the rounded community experience they bring to the university. I'd be curious to see how PSU's numbers compare to other schools - SEC etc. where baseball is a larger focus as well as G schools.
This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
This has always been the case though imo - I think it's just the nature of college athletics. Nearly every sport at every college across the country loses and has lost money year after year. Football carries and men's basketball, sometimes, does heavy lifting as well. Women's volleyball and women's basketball programs make money too at good programs, but largely run a deficit as well (I believe).
What’s different is the now acute awareness men’s basketball and football players have regarding the revenue and expense information. Some very bright people on the rapidly shrinking periphery of college sports are well into the ears of players to let them know how much leverage they truly have in all of this. A player’s union, collecting bargaining and the perceived threat of a “work” stoppage are all real possibilities on the horizon, which likely will lead to the stability that college sports needs.
Ordfan, just making stuff up again.
FB and MBB players are happy to be making the tons of money they're making right now and don't care about the rest of it.
LOL. Still not Ordman, but this only shows how little you know about college athletics, both historically and in the current environment. To not realize that there are plenty of people in their ears telling why and how they should care about it is pretty amazing, even for you.
I'm sure the players are about to rise up and revolt and break the very system paying them hundreds of thousands of dollars that they weren't earning 5 years ago. You're so full of yourself and smug. And clearly, Ordfan.This is why the current college sports financial model is unsustainable. At some point, football and men’s basketball players are going to tire of picking up the check for everyone else.
This has always been the case though imo - I think it's just the nature of college athletics. Nearly every sport at every college across the country loses and has lost money year after year. Football carries and men's basketball, sometimes, does heavy lifting as well. Women's volleyball and women's basketball programs make money too at good programs, but largely run a deficit as well (I believe).
What’s different is the now acute awareness men’s basketball and football players have regarding the revenue and expense information. Some very bright people on the rapidly shrinking periphery of college sports are well into the ears of players to let them know how much leverage they truly have in all of this. A player’s union, collecting bargaining and the perceived threat of a “work” stoppage are all real possibilities on the horizon, which likely will lead to the stability that college sports needs.
Ordfan, just making stuff up again.
FB and MBB players are happy to be making the tons of money they're making right now and don't care about the rest of it.
LOL. Still not Ordman, but this only shows how little you know about college athletics, both historically and in the current environment. To not realize that there are plenty of people in their ears telling why and how they should care about it is pretty amazing, even for you.