Friday, June 6, 2014

Coppin State reports lowest revenues and expenses in NCAA Division I

BALTIMORE, Maryland --Texas has the richest athletic department in the country.

The Longhorns generated more than $165 million in revenue, last year, churning out nearly $19 million in profit despite a) not receiving a single dollar in subsidies from the state or the school and b) spending the most on athletics, $146, 807,585.


By comparison, Coppin State, a MEAC school in Baltimore, had revenues and expenses below $4 million, with more than 75% of the revenue coming into the athletic department the result of subsidies. Chicago State, who had less than $7 million in revenue, got more than 94% of that money from subsidies.
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