Vandy athletic is still losing money even with TV money. Because of the cost of tuition and no real money producing sports at Vandy, the “athletic department” owes the university millions of dollars each year. This is why they don’t have a separate athletic department. It hides the millions of dollars that the “athletic department” owes the university.Vanderbilt is just using the TV money as a bank account. It is a shame they are going to get more with the new Tv contracts. I think they added a bathroom to their stadium probably one of those newer fancy outhouses like UT uses that way they can move it around.
I actually hate that for them. They’ve got a huge advantage in beisbol, but not sure that applies across other sports…except bowlingVandy athletic is still losing money even with TV money. Because of the cost of tuition and no real money producing sports at Vandy, the “athletic department” owes the university millions of dollars each year. This is why they don’t have a separate athletic department. It hides the millions of dollars that the “athletic department” owes the university.
Vandy athletic is still losing money even with TV money. Because of the cost of tuition and no real money producing sports at Vandy, the “athletic department” owes the university millions of dollars each year. This is why they don’t have a separate athletic department. It hides the millions of dollars that the “athletic department” owes the university.
I actually hate that for them. They’ve got a huge advantage in beisbol, but not sure that applies across other sports…except bowling![]()
Vandy’s bowling program profited over 80K last year. I know, I know, it’s laughable but considering the restraints on any expansion of sports due to no availability of land next to campus, making a profit in any sport today is a good thing.
Couple of questions here. Where are you getting those numbers from? As a private school, Vanderbilt does not report that like other schools do. Second, I’m not sure how women’s bowling would turn a profit considering they do not charge admission to events. Where are they getting the revenue from?
It would be especially surprising since the last NCAA report only had five programs nationally outside of football or men’s basketball report turning a profit. So I would be very surprised to learn that Vanderbilt bowling is doing something that only one baseball program in the country is doing.]
Reverse Hollywood accounting.