The Chronicle of Higher Education and Huffington Post collaborated on an excellent report, “Sports at Any Cost,” which looks at the high financial cost of sports, particularly to smaller schools trying to hit the so-called “big time.”
How does the SEC stack up? I took the SEC data from a “College Sports Subsidy Scorecard” page they created and came up with this
A couple of quick comments:
For institutions that do not rely on student fees, the money comes almost 100 percent from institutional funds, so the students would still pay the cost, but indirectly, through higher tuition, for example.
Vanderbilt University is not included, because it is a private institution and not subject to public records law.
LSU has committed itself to transferring $7.2 million/year from athletics to the general fund — the opposite direction of the subsidies portrayed in this article. In July, the university increased the transfer by $3 million for this year, given the funding crisis facing the university.