NCAA Report Says Athletic Expenses Rising

Set Text Size SmallSet Text Size MediumSet Text Size LargeSet Text Size X-Large
Share
Updated: 5/02/2013 4:38 pm

INDIANAPOLIS (AP) - Athletic expenses are rising at a faster pace than revenue is being generated at most Division I schools.


The NCAA's 2012 Revenue and Expenses Report, released this week, showed Football Bowl Subdivision schools were spending 10.8 percent more on athletics than they did the previous school year. Schools in the Football Championship Subdivision increased their budgets by 6.8 percent and non-football playing Division I schools saw an increase of 8.8 percent.


Revenue coming from outside sources, however, only increased by 4.6 percent at FBS schools and decreased by 1.7 percent at the non-football playing schools. FCS schools saw revenue increase by 9 percent.


Twenty-three schools reported turning a profit in athletics, the same as 2011.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Share
0 Comment(s)
Comments: Show | Hide

Here are the most recent story comments.View All

No comments yet!
General Sports News
Royals' Cain lands on DL

The Kansas City Royals placed outfielder Lorenzo Cain on the 15-day disabled list prior to Thursday's game against the Houston Astros.

Inergize Digital This site is hosted and managed by Inergize Digital.