(11-30-2014 04:03 PM)johnbragg Wrote: I wonder if the announcement is not just killing UAB football, but killing UAB athletics. To stay Division I, they'd have to start another men's sport to replace football. If you're cutting football to save money, you can't turn around and add wrestling or track, can you? So are they looking at Division II or III? Either of those is a money-losing proposition.
It's a "lose less money" proposition. If you assume that donations to the athletic department were negligible already and will still be negligible going forward, then it's pretty much all expenses and very little revenue in any event.
UAB's athletic budget in 2013-14 was about $30.4 million, per the Department of Education's Equity in Athletics database,
http://ope.ed.gov/athletics/GetOneInstitutionData.aspx
For the same year, examples of expenses reported by some no-football D-I schools in the south: East Tennessee State, $7.9 million; Belmont, $12.3 million; Florida Gulf Coast, $11.0 million; University of North Florida, $10.0 million.
Even taking the high end of that, they'd spend $18 million/year less as a D-I no-football program, and the only significant lost revenue is whatever the annual CUSA distribution is. Even if CUSA pays out $2 million/year, they're still cutting their losses by $16 million/year.
IMO, those numbers only work for schools that wouldn't lose much in the way of annual donations if they drop FBS football. If a school dropping football would lose $10 million/year from upset donors (whether that's athletic donations or university donations), it's probably not worth the move.