Revenue, Profits Down for College Athletics

By Beacon Staff

BOZEMAN — Revenue brought in by college sports programs dropped compared to last year, according to a new report prepared for the Montana Board of Regents.

College athletics generated $50.2 million in revenue and turned a $571,331 profit in 2013, according to the report by Frieda Houser, the university system’s accounting and budgeting director.

Revenue in 2012 totaled $54 million, with $1.1 million in profits.

The annual report covered the fiscal year ending in June and will be presented to the regents at their Jan. 7 meeting in Helena, the Bozeman Daily Chronicle reported in a story Monday.

Football was the biggest money-maker in Montana college sports, led by the University of Montana Grizzlies. The program reported that revenue exceeded spending by $2.3 million.

All other football programs at state campuses reported a combined $16.7 million in revenue and a $3.3 million profit.

Basketball, the state’s other big-ticket sport, lost a combined $876,500.

All other sports combined for a loss of $2.2 million.

The report also showed that men still dominate student athletics. Men made up 63 percent of all student-athletes this year, while women accounted for 37 percent — just one percentage point more than 2012.

Athletes graduated at a higher rate than the general student population at all campuses except UM-Western, according to the report.

The campuses spent a total of $12.8 million on fee waivers and scholarships for athletes.

Other major expenses included coaching and staff salaries, at $13.9 million; team travel and operating expenses, at $12.1 million; and facilities and administrative support, at $2.9 million.

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