VolnJC
Well-Known Member
- Joined
- Feb 26, 2012
- Messages
- 26,989
- Likes
- 36,976
In Pat's last year 2010-2011 the Lady Vols lost over 700k, last year they actually turned a 29k profit. For those that think that a drop in attendance will affect a decision to keep Holly or not..you simply do not understand the economics of women's sports. Even with sellouts, UConn loses nearly a million per year. Heck if she keeps up the small profit, Hart may give her an extension 
The University of Connecticut's run at a third consecutive women's basketball championship comes with the trappings of a world-class sports event, including a national television audience and rowdy fans in blue wigs and face paint.
The Huskies dominate on the court, and can sell out arenas. What they lose is money. The program spent $723,900 more than it earned in fiscal 2010.
"There is intrinsic value in being able to carry your own weight," McGlade said. "For the amount of resources going into intercollegiate women's basketball, there's going to be a time where there has to be a rational decision of, is it worth it?"
Bloomberg News used open records laws to obtain financial reports of state schools in the six conferences: Atlantic Coast, Big East, Big Ten, Big 12, Pac-10 and Southeastern. The 20 private schools in the conferences aren't required to make such records public.
Each of the 53 teams lost money in the 2010 fiscal year, and the average operating deficit was $2.01 million on an average $804,577 of revenue, according to the reports. The University of Tennessee, ranked fourth in The Associated Press Top 25, lost $713,997, while No. 7 Texas A&M University had a $2.8 million shortfall. No. 12 Michigan State University was $2.01 million in the red.
Here are the numbers from Holly's 2nd year.
Women's Team Expenses: $4,813,394
Women's Team Revenue: $4,837,245
Women's Team Profit: $23,851.
The University of Connecticut's run at a third consecutive women's basketball championship comes with the trappings of a world-class sports event, including a national television audience and rowdy fans in blue wigs and face paint.
The Huskies dominate on the court, and can sell out arenas. What they lose is money. The program spent $723,900 more than it earned in fiscal 2010.
"There is intrinsic value in being able to carry your own weight," McGlade said. "For the amount of resources going into intercollegiate women's basketball, there's going to be a time where there has to be a rational decision of, is it worth it?"
Bloomberg News used open records laws to obtain financial reports of state schools in the six conferences: Atlantic Coast, Big East, Big Ten, Big 12, Pac-10 and Southeastern. The 20 private schools in the conferences aren't required to make such records public.
Each of the 53 teams lost money in the 2010 fiscal year, and the average operating deficit was $2.01 million on an average $804,577 of revenue, according to the reports. The University of Tennessee, ranked fourth in The Associated Press Top 25, lost $713,997, while No. 7 Texas A&M University had a $2.8 million shortfall. No. 12 Michigan State University was $2.01 million in the red.
Here are the numbers from Holly's 2nd year.
Women's Team Expenses: $4,813,394
Women's Team Revenue: $4,837,245
Women's Team Profit: $23,851.
Last edited:
