HOCKEY-L Archives

- Hockey-L - The College Hockey Discussion List

Hockey-L@LISTS.MAINE.EDU

Options: Use Forum View

Use Monospaced Font
Show Text Part by Default
Show All Mail Headers

Message: [<< First] [< Prev] [Next >] [Last >>]
Topic: [<< First] [< Prev] [Next >] [Last >>]
Author: [<< First] [< Prev] [Next >] [Last >>]

Print Reply
Subject:
From:
Mike Stock <[log in to unmask]>
Reply To:
Mike Stock <[log in to unmask]>
Date:
Sun, 16 Dec 2001 17:33:24 -0500
Content-Type:
text/plain
Parts/Attachments:
text/plain (65 lines)
    Coincidentally the Lansing State Journal did a story
today on
Michigan States' Athletic financing today.  I'll try and
find a
sport by sport breakdown but here is an excerpt:
             -------------------------
http://www.lsj.com/news/local/011216_athnew_1a-4a.html

MSU athletics are relatively fiscally fit. The department
hasn't
lost money since the mid-1990s and has a $9 million reserve.

Contrary to public perception, most college athletic
programs lose
money. NCAA Executive Director Cedric Dempsey projects
college sports
will take in $3 billion this year - and spend $4 billion.

Even the University of Michigan - with the largest football
stadium
in the nation, sold out for every home game - has lost money
on its
athletic program in each of the past three years. Last
year's operating
deficit: $1.4 million.

Public universities sometimes use taxpayer cash, usually
funneled
from a school's general fund, to keep athletic programs
afloat. But
at MSU, like most major conference schools, athletics must
survive
on its own.

Only three of MSU's 25 sports - football, men's basketball
and hockey
- bring in more money than they spend.  They pay the way for
MSU's other
sports, which lose at least $7 million combined.

Some schools aren't as fortunate as MSU. A third of Division
I football
and men's basketball teams lose money, according to an NCAA
study of
1999 data. Overall, just 46 percent of the nation's Division
I-A schools
would profit on sports if they weren't subsidized by money
from other
parts of the institution.

Season tickets at Munn cost $336 to $378 - about $18 per
game. And there's
a waiting list for seats.

The average cost of MSU season football tickets - $34 a game
- has climbed
70 percent since 1994. The cost per ticket is fifth highest
in the Big Ten.

The cost of basketball season tickets now range from $10 to
$22 per game.
And those with the best 4,700 seats at Breslin pay $100 to
$300 extra just
for the right to buy them.

ATOM RSS1 RSS2