E-mail Story   Print Story
  Comments (0) Total Thursday Apr. 17, 2014
Revenue, Profits Down for College Athletics
University of Montana football program reported a $2.3 million surplus
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.
No comments have been posted for this article.

Kellyn Brown
Kellyn Brown6h
Season Passes for the 2014/15 season are now on sale! http://t.co/CQ4Rw3cXdv
Dillon Tabish
Dillon Tabish3h
Deal to buy 11 dams, including Polson's Kerr, could be derailed by consumer counsel, NorthWestern Energy says http://t.co/AYq3iINRWF #mtnews
Molly Priddy
Molly Priddy7h
I finished 100 Years of Solitude in my empty high school art room, and the top of my head came off, just like Emily Dickinson said.
Tristan Scott
Tristan Scott16 Apr
Your Survival Guide To Coachella http://t.co/hlyov5FZjv via @IamJessicaLima http://t.co/0b5csXZiN8
Flathead Beacon
FB Headlines1h
NorthWestern Says Changes Would Nix $900M Dam Deal http://t.co/0ZzU3mHDea