Question

Are intercollegiate athletics departments generating sufficient revenue to cover the expenses required to operate these entities? (1) If so, how/where are they generating the revenue? How can these athletics departments operate as non-profit if they are generating enormous amounts of revenue? (2) If not, how can they continue to operate when they are losing money annually? Many universities are public entities which require a balance budget so how do they offset the losses associated maintaining an athletics department? Are there any issues associated with the strategies implemented by universities?

Answer 1

Many private athletics department have excess Revenue over expenses however many public entites which are low at budgets and don’t have vaarious source of income are left excess expenditure over Income.

Intercollegiate athletics department earns revenue from various mode like:-Ticket sales,broadcast rights,advertisements,Conference,various other sources.

The core purpose of Athletics department is to promote athletics and sports among society and various schools,colleges and universities.Reasons of generating enormus revenue as they are earning from sell of tickets as well as earning through sell of broadcasting rights and also generate revenue from advertisments of various industries during any event.

Balance budget is required to many public interested entities as the have restricted funds due to not having various sources of income.These department received grands and funds from gaoverment depratment.