HurricaneU
American Patriot
- Joined
- Jan 28, 2013
- Messages
- 2,932
The proof is in the return on invested capital.
There are throwing darts at a dartboard and hoping for the best in hiring coaches like Golden and Co. And then there is investing in building your program and university.
http://bleacherreport.com/articles/...om&utm_medium=referral&utm_campaign=editorial
"That on-field success generates financial prosperity, as detailed below, and also makes Alabama a top choice for students and athletes alike. In 2007, Alabama had an acceptance rate of 77%. Today, rivals like Auburn and LSU are still at that near-80% rate; Alabama now accepts just 53% of applicants.
For the 2012-13 football season, the most recent for which financial data is available, Alabama reported football revenue of $89 million, second only to Texas. The $50 million or so in football profit not only supported non-revenue sports like golf and gymnastics, but it also helped Alabama’s athletic department end the year $34 million in the black. While many athletic departments have to take loans from their parent universities just to break even, Alabama’s athletic department sends money the other way. Last year it contributed around $6.5 million to the university to provide for faculty support and non-athletic scholarships."
Winning pays.
There are throwing darts at a dartboard and hoping for the best in hiring coaches like Golden and Co. And then there is investing in building your program and university.
http://bleacherreport.com/articles/...om&utm_medium=referral&utm_campaign=editorial
"That on-field success generates financial prosperity, as detailed below, and also makes Alabama a top choice for students and athletes alike. In 2007, Alabama had an acceptance rate of 77%. Today, rivals like Auburn and LSU are still at that near-80% rate; Alabama now accepts just 53% of applicants.
For the 2012-13 football season, the most recent for which financial data is available, Alabama reported football revenue of $89 million, second only to Texas. The $50 million or so in football profit not only supported non-revenue sports like golf and gymnastics, but it also helped Alabama’s athletic department end the year $34 million in the black. While many athletic departments have to take loans from their parent universities just to break even, Alabama’s athletic department sends money the other way. Last year it contributed around $6.5 million to the university to provide for faculty support and non-athletic scholarships."
Winning pays.