Why am I not shocked that our "Fans" continue to believe dumbass narratives about revenue? Oh that's right, it's because we have dumbass fans that have little to no understanding of how collegiate athletics work. No University official gets to run off with athletic revenues. What the athletic department raises and earns, it gets to keep. Unfortunately, what happened with Miami in the early part of the millennium was that as the facility/resources arms race kicked off, the people who hold the actual power(The Board of Trustees) didn't see the need to fight that battle. Miami has always been at an economic disadvantage, and won anyway, so why do anything when there's more pressing needs? Unfortunately, the facilities arms race was here to stay, and Miami was late to the party. While a lot of that has been rectified, people forget that there is still a sizable gap between the schools that we are supposed to be competing against, and schools like Miami. Let's look at the revenues of the teams in the CFP last year, stats were provided by the US Department of Education.
Alabama--111,000,000
Notre Dame--107,400,000
Oklahoma--102,300,000
Clemson*--52,000,000
Miami--57,100,000
*Clemson's revenue numbers are all over the map. In most studies I've seen Clemson is well within the top 25 revenue wise, in some cases in the top 15. I went with the US DOE numbers, which are lower estimates.
Compare that to Miami, who remains the only school since 2000 that has won a national championship despite being ranked outside the top 30 in overall revenue. Think that over. Look at those numbers. Out of the 4 schools that were standing at the end, only Clemson was even remotely close to Miami in regards to revenue(and we can argue that Clemson is doing something with their numbers, no one else's numbers vary as much), in most cases Miami is being outspent almost two to one.