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Sports Bring in $54 Million for Montana Campuses

By Beacon Staff

BOZEMAN — The University of Montana’s football team posted a $3.3 million profit in the fiscal year that ended in June 2012, while rival Montana State University posted a $1.15 million profit.

The Bozeman Daily Chronicle reports that’s some of the information submitted to the Montana Board of Regents for their meeting in Helena on Jan. 8.

In all, the NCAA sports at the state’s six four-year campuses brought in $54 million in revenue while spending $52.9 million for a gain of $1.1 million.

State spending on athletics was about 5 percent of general fund budgets for the schools.

Football brought in the most money at $22.3 million for a surplus of $4.6 million.

Of the 1,700 student athletes, 64 percent were men and 36 percent women.