I hate to sound like a broken record, but I keep seeing this $20 million figure tossed around as if it were a solid indicator of wealth, and it just isn't.
If you want to know what the real wealth of a school's sports program is, I'd suggest taking a hard look at ticket sales, facilities, and alumni giving. This is not just a pro-USM argument... I suspect that ECU exhibits a similar profile within their conference, e.g. the fact that Temple spends more per annum doesn't really make that much of a statement.
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Another important factor, overlooked in the figures, is the amount each school transfers from its general fund (taxpayer support) to cover annual athletic operating budget yet counts it as generated revenue. USM and La Tech, according the list, are nearly equal in "total revenue" but Tech took over NINE Million or over half of their 17MLLION revenue from schools general fund whereas USM transferred only about ONE million of its almost 20million. What that list of generated monies mean is that the schools had that much to spend on athletics but DID NOT CLEARLY notate or explain its source. "Generated " as used in this topic is misleading.
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According to this link to the USA Today database, which purports to show per school athletic department breakdowns, USM gets student fees and school funds to the tune of about $8 million per year. That's still a bit less than many schools but not insignificant either.
http://usatoday30.usatoday.com/sports/co...54955804/1
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That is correct, about 1Mil was taken from school funds but that is different when discussing student athletic fees. Athletic fees are actually advance ticket sales-agree or disagree with its morality b ut thats a fact, some students disagree with being charged-others dont but all of them KNOW whats coming before enrolling. Its certainly different than just dipping into the schools general fund and taking out enough money to cover athletic expenses above what was actually generated (ticket sales, donations, etc).