College Football: Ranking FBS Athletic Departments by Net Revenue for 2009-10

Amy DaughtersFeatured ColumnistSeptember 28, 2011

College Football: Ranking FBS Athletic Departments by Net Revenue for 2009-10

0 of 99

    USA Today's website offers up a fascinating database regarding NCAA athletic programs' revenues and expenditures since the 2004-05 academic year.

    The catalog features 99 FBS athletic departments' income and expenses for six academic years, and though 21 members of college football's highest level are not included (most are private universities), the results are truly intriguing.

    Beyond the totals for money-in and money-out, the database (which was contrived by USA Today submitting public-records requests to the institutions listed) further breaks each category into an interesting array of line-item sub-categories.

    The revenue side includes money generated by ticket sales, student fees, direct institutional support, conference monies and merchandising royalties (and more), while the expenditure side features line-items such as support staff, athletic student aid, travel, recruiting, spirit groups, coaching salaries, etc.

    The following slideshow utilizes the data presented within the database to rank the 99 included FBS schools, in terms of athletic department net revenue (operating revenue less operating expenses) for the 2009-10 academic year.

    Though it would also be appealing to present a list of who brings in the most money (which is Texas with over $143 million versus Arkansas State who comes in at No. 99 with total revenue of under $10 million), gross income only tells half the story.

    In truth, it takes a lot more cash to run the athletic department at Ohio State than it does at Idaho, but you take the discussion to an entirely different plane when you start talking about how much money they clear above expenses (Ohio State came out $434,422 ahead in 2009-10, while Idaho cleared $24,651).

    These stats obviously don't tell the whole story, but they sure are food for thought, especially given the current discussions of money-driven realignment.

99. North Texas

1 of 99

    Gross Operating Revenue    

    $10,201,988.00

    Less Operating Expenses    

    -$17,105,046.00

    Equals Net Revenue                      

    ($6,903,058.00)

    North Texas' athletic department operated at a loss of nearly seven million dollars during the 2009-10 academic year.

    49 percent of their revenue came via student fees.

     

98. Arkansas State

2 of 99

    Gross Operating Revenue    

    $9,478,903.00

    Less Operating Expenses    

    -$13,332,956.00

    Equals Net Revenue                      

    ($3,854,956.00)

     

97. UNLV

3 of 99

    Gross Operating Revenue    

    $56,496,233.00

    Less Operating Expenses    

    -$59,143,059.00

    Equals Net Revenue                      

    ($2,646,826.00)

     

96. Marshall

4 of 99

    Gross Operating Revenue    

    $23,067,735.00

    Less Operating Expenses   

     -$25,678,598.00

    Equals Net Revenue                      

    ($2,610,863.00)

     

95. Cincinnati

5 of 99

    Gross Operating Revenue    

    $40,920,893.00

    Less Operating Expenses    

    -$43,478,383.00

    Equals Net Revenue                      

    ($2,557,490.00)

    32 percent of Cincinnati's revenue came via direct institutional support.

94. New Mexico State

6 of 99

    Gross Operating Revenue    

    $25,433,613.00

    Less Operating Expenses    

    -$26,994,899.00

    Equals Net Revenue                      

    ($1,561,286.00)

     

93. Arizona State

7 of 99

    Gross Operating Revenue    

    $56,505,165.00

    Less Operating Expenses   

    -$57,905,546.00

    Equals Net Revenue                      

    ($1,400,381.00)

     

92. Utah

8 of 99

    Gross Operating Revenue    

    $30,882,390.00

    Less Operating Expenses    

    -$31,742,827.00

    Equals Net Revenue                      

    ($860,437.00)

     

91. Nevada

9 of 99

    Gross Operating Revenue    

    $23,157,140.00

    Less Operating Expenses    

    -$23,988,811.00

    Equals Net Revenue                      

    ($831,671.00)

     

90. Florida State

10 of 99

    Gross Operating Revenue    

    $74,402,269.00

    Less Operating Expenses    

    -$75,209,181.00

    Equals Net Revenue                      

    ($806,912.00)

    31 percent of Florida State's revenue in 2009-10 came via contributions ($23 million).

     

89. Missouri

11 of 99

    Gross Operating Revenue    

    $61,052,303.00

    Less Operating Expenses    

    -$61,766,109.00

    Equals Net Revenue                      

    ($713,806.00)

    33 percent of Missouri's revenue in 2009-10 came via ticket sales ($20 million).

88. FIU

12 of 99

    Gross Operating Revenue    

    $22,004,418.00

    Less Operating Expenses    

    -$22,509,591.00

    Equals Net Revenue                      

    ($505,173.00)

    71 percent of FlU's revenue in 2009-10 came via student fees ($15.5 million).

87. San Jose State

13 of 99

    Gross Operating Revenue    

    $20,333,059.00

    Less Operating Expenses   

     -$20,785,707.00

    Equals Net Revenue                      

    ($452,648.00)

     

86. Utah State

14 of 99

    Gross Operating Revenue    

    $19,201,898.00

    Less Operating Expenses   

     -$19,344,112.00

    Equals Net Revenue                      

    ($142,214.00)

    35 percent of Utah State's revenue in 2009-10 came via direct institutional support ($6.7 million).

85. Air Force

15 of 99

    Gross Operating Revenue    

    $34,951,251.00

    Less Operating Expenses   

     -$35,081,470.00

    Equals Net Revenue                      

    ($130,219.00)

    63 percent of Air Force's revenue in 2009-10 came via direct government support ($22 million).

84. Louisiana-Lafayette

16 of 99

    Gross Operating Revenue    

    $12,280,070.00

    Less Operating Expenses    

    -$12,357,621.00

    Equals Net Revenue                      

    ($77,551.00)

    53 percent of ULL's revenue in 2009-10 came via direct institutional support ($6.5 million).

83. Toledo

17 of 99

    Gross Operating Revenue    

    $19,966,412.00

    Less Operating Expenses    

    -$20,021,956.00

    Equals Net Revenue                      

    ($55,544.00)

    49 percent of Toledo's revenue in 2009-10 came via student fees ($9.8 million).

82. San Diego State

18 of 99

    Gross Operating Revenue    

    $32,582,576.00

    Less Operating Expenses    

    -$32,629,652.00

    Equals Net Revenue                      

    ($47,076.00)

     

81. Fresno State

19 of 99

    Gross Operating Revenue    

    $26,648,661.00

    Less Operating Expenses    

    -$26,690,524.00

    Equals Net Revenue                      

    ($41,863.00)

     

80. New Mexico

20 of 99

    Gross Operating Revenue    

    $37,330,784.00

    Less Operating Expenses    

    -$37,331,322.00

    Equals Net Revenue                      

    ($538.00)

     

79. Western Kentucky

21 of 99

    Gross Operating Revenue    

    $23,243,348.00

    Less Operating Expenses    

    -$23,243,348.00

    Equals Net Revenue                      

    $0.00

    Western Kentucky is the first of 11 athletic programs that reported exactly equal amounts of revenue and expenses for the 2009-10 academic year.

78. UCLA

22 of 99

    Gross Operating Revenue    

    $61,875,531.00

    Less Operating Expenses    

    -$61,875,531.00

    Equals Net Revenue                      

    $0.00

     

77. Troy

23 of 99

    Gross Operating Revenue    

    $15,783,593.00

    Less Operating Expenses    

    -$15,783,593.00

    Equals Net Revenue                      

    $0.00

    50 percent of Troy's revenue from the 2009-10 academic year came via direct institutional support ($7.7 million).

76. Rutgers

24 of 99

    Gross Operating Revenue    

    $64,203,255.00

    Less Operating Expenses    

    -$64,203,255.00

    Equals Net Revenue                      

    $0.00

     

75. Ole Miss

25 of 99

    Gross Operating Revenue    

    $45,737,904.00

    Less Operating Expenses    

    -$45,737,904.00

    Equals Net Revenue                      

    $0.00

    43 percent of Ole Miss' revenue from the 2009-10 academic year came via NCAA/conference distributions, including all tournament revenues ($19.8 million).

74. Minnesota

26 of 99

    Gross Operating Revenue    

    $78,706,900.00

    Less Operating Expenses    

    -$78.706,000.00

    Equals Net Revenue                      

    $0.00

     

73. Middle Tennessee State

27 of 99

    Gross Operating Revenue    

    $20,800,017.00

    Less Operating Expenses    

    -$20,800,17.00

    Equals Net Revenue                      

    $0.00

     

72. Memphis

28 of 99

    Gross Operating Revenue    

    $39,520,842.00

    Less Operating Expenses    

    -$39,520,842.00

    Equals Net Revenue                      

    $0.00

     

71. Maryland

29 of 99

    Gross Operating Revenue    

    $54,661,992.00

    Less Operating Expenses    

    -$54,661,992.00

    Equals Net Revenue                      

    $0.00

     

70. Kent State

30 of 99

    Gross Operating Revenue    

    $19,446,680.00

    Less Operating Expenses    

    -$19,446,680.00

    Equals Net Revenue                      

    $0.00

    54 percent of Kent State's revenue from the 2009-10 academic year came via student fees ($10.5 million).

69. Houston

31 of 99

    Gross Operating Revenue    

    $33,034,483.00

    Less Operating Expenses    

    -$33,034,483.00

    Equals Net Revenue                      

    $0.00

     

68. California

32 of 99

    Gross Operating Revenue    

    $69,345,931.00

    Less Operating Expenses    

    -$69,345,912.00

    Equals Net Revenue                      

    $19.00

    Cal is the first of 68 institutions to show an athletics department profit for the 2009-10 academic year.

     

67. Idaho

33 of 99

    Gross Operating Revenue    

    $15,683,183.00

    Less Operating Expenses    

    -$15,658,532.00

    Equals Net Revenue                      

    $24,651.00

     

66. Louisiana-Monroe

34 of 99

    Gross Operating Revenue    

    $10,752,992.00

    Less Operating Expenses    

    -$10,700,417.00

    Equals Net Revenue                      

    $52,575.00

     

65. UTEP

35 of 99

    Gross Operating Revenue    

    $26,694,008.00

    Less Operating Expenses    

    -$26,614,312.00

    Equals Net Revenue                      

    $79,696.00

     

64. Southern Mississippi

36 of 99

    Gross Operating Revenue    

    $19,731,333.00

    Less Operating Expenses    

    -$19,641,550.00

    Equals Net Revenue                      

    $89,783.00

     

63. USF

37 of 99

    Gross Operating Revenue    

    $39,190,939.00

    Less Operating Expenses    

    -$39,088,660.00

    Equals Net Revenue                      

    $102,279.00

     

62. Louisiana Tech

38 of 99

    Gross Operating Revenue    

    $16,587,40.00

    Less Operating Expenses    

    -$16,481,887.00

    Equals Net Revenue                      

    $105,653.00

    40 percent of LA Tech's revenue from the 2009-10 academic year came via direct institutional support ($6.6 million).

61. Connecticut

39 of 99

    Gross Operating Revenue    

    $58,505,719.00

    Less Operating Expenses    

    -$58,379,090.00

    Equals Net Revenue                      

    $126,629.00

     

60. Georgia Tech

40 of 99

    Gross Operating Revenue    

    $55,359,742.00

    Less Operating Expenses    

    -$55,221,082.00

    Equals Net Revenue                      

    $138,660.00

     

59. North Carolina

41 of 99

    Gross Operating Revenue    

    $72,825,407.00

    Less Operating Expenses    

    -$72,685,335.00

    Equals Net Revenue                      

    $140,072.00

    32 percent of North Carolina's revenue from the 2009-10 academic year came via ticket sales ($23.2 million).

58. Iowa State

42 of 99

    Gross Operating Revenue    

    $46,871,554.00

    Less Operating Expenses    

    -$46,656,014.00

    Equals Net Revenue                      

    $215,540.00

    28 percent of Iowa State's revenue from the 2009-10 academic year came via contributions ($13 million).

57. Boise State

43 of 99

    Gross Operating Revenue    

    $36,932,392.00

    Less Operating Expenses    

    -$36,655,700.00

    Equals Net Revenue                      

    $276,692,00

     

56. Northern Illinois

44 of 99

    Gross Operating Revenue    

    $22,210,800.00

    Less Operating Expenses    

    -$21,899,024.00

    Equals Net Revenue                      

    $317,776.00

    37 percent of Northern Illinois' revenue from the 2009-10 academic year came via student fees ($8.3 million).

55. Miami OH

45 of 99

    Gross Operating Revenue    

    $25,996,018.00

    Less Operating Expenses    

    -$25,604,474.00

    Equals Net Revenue                      

    $391,544.00

    53 percent of Miami of Ohio's revenue from the 2009-10 academic year came via student fees ($13.7 million).

54. UAB

46 of 99

    Gross Operating Revenue    

    $24,273,967.00

    Less Operating Expenses    

    -$23,869,180.00

    Equals Net Revenue                      

    $404,787.00

    43 percent of UAB's revenue from the 2009-10 academic year came via direct institutional support ($10.5 million).

53. Ohio State

47 of 99

    Gross Operating Revenue    

    $123,174,176.00

    Less Operating Expenses    

    -$122,739,754.00

    Equals Net Revenue                      

    $434,422.00

    32 percent of Ohio State's revenue from the 2009-10 academic year came via ticket sales ($39.5 million).

52. Wyoming

48 of 99

    Gross Operating Revenue    

    $26,979,594.00

    Less Operating Expenses    

    -$26,524,851.00

    Equals Net Revenue                      

    $454,743.00

    45 percent of Wyoming's revenue from the 2009-10 academic year came via contributions ($45 million).

51. Western Michigan

49 of 99

    Gross Operating Revenue    

    $23,761,393.00

    Less Operating Expenses    

    -$23,233,399.00

    Equals Net Revenue                      

    $527,994.00

    58 percent of Western Michigan's revenue from the 2009-10 academic year came via direct institutional support ($13.8 million).

50. Central Michigan

50 of 99

    Gross Operating Revenue    

    $24,703,101.00

    Less Operating Expenses    

    -$24,104,399.00

    Equals Net Revenue                      

    $598,402.00

    66 percent of Central Michigan's revenue from the 2009-10 academic year came via direct institutional support ($16.4 million).

49. Kentucky

51 of 99

    Gross Operating Revenue    

    $79,700,856.00

    Less Operating Expenses    

    -$79,002,986.00

    Equals Net Revenue                      

    $697,870.00

    34 percent of Kentucky's revenue from the 2009-10 academic year came via ticket sales ($27.2 million).

48. Clemson

52 of 99

    Gross Operating Revenue    

    $57,562,999.00

    Less Operating Expenses    

    -$56,780,518.00

    Equals Net Revenue                      

    $782,481.00

    34 percent of Clemson's revenue from the 2009-10 academic year came via ticket sales ($19.8 million).

47. UCF

53 of 99

    Gross Operating Revenue    

    $40,063,558.00

    Less Operating Expenses    

    -$39,280,770

    Equals Net Revenue                      

    $782,783.00

    43 percent of UCF's revenue from the 2009-10 academic year came via student fees ($17.4 million).

46. Colorado

54 of 99

    Gross Operating Revenue    

    $49,521,517.00

    Less Operating Expenses    

    -$48,590,915.00

    Equals Net Revenue                      

    $930,602.00

45. Bowling Green

55 of 99

    Gross Operating Revenue    

    $18,850,778.00

    Less Operating Expenses    

    -$17,850,240.00

    Equals Net Revenue                      

    $1,000,538.00

    50 percent of Bowling Green's revenue from the 2009-10 academic year came via student fees ($9.4 million).

44. Ohio

56 of 99

    Gross Operating Revenue    

    $23,905,953.00

    Less Operating Expenses    

    -$22,875,238.00

    Equals Net Revenue                      

    $1,030,715.00

    69 percent of Ohio's revenue from the 2009-10 academic year came via student fees ($16.4 million).

43. FAU

57 of 99

    Gross Operating Revenue    

    $16,284,618.00

    Less Operating Expenses    

    -$15,208,667.00

    Equals Net Revenue                      

    $1,075,951.00

    54 percent of FAU's revenue from the 2009-10 academic year came via student fees ($8.8 million).

42. Colorado State

58 of 99

    Gross Operating Revenue    

    $26,552,383.00

    Less Operating Expenses    

    -$25,355,036.00

    Equals Net Revenue                      

    $1,197,347.00

     

41. Arizona

59 of 99

    Gross Operating Revenue    

    $58,118,950.00

    Less Operating Expenses    

    -$56,919,148.00

    Equals Net Revenue                      

    $1,199,802.00

     

40. Hawaii

60 of 99

    Gross Operating Revenue    

    $36,239,991.00

    Less Operating Expenses    

    -$34,946,092.00

    Equals Net Revenue                      

    $1,293,899.00

     

39. Washington State

61 of 99

    Gross Operating Revenue    

    $39,352,096.00

    Less Operating Expenses    

    -$38,045,842.00

    Equals Net Revenue                      

    $1,306,254.00

     

38. Kansas

62 of 99

    Gross Operating Revenue    

    $70,548,520.00

    Less Operating Expenses    

    -$69,241,375.00

    Equals Net Revenue                      

    $1,307,145.00

     

37. South Carolina

63 of 99

    Gross Operating Revenue    

    $79,879,193.00

    Less Operating Expenses    

    -$78,295,030.00

    Equals Net Revenue                      

    $1,584,163.00

     

36. Eastern Michigan

64 of 99

    Gross Operating Revenue    

    $26,270,721.00

    Less Operating Expenses    

    -$24,635,531.00

    Equals Net Revenue                      

    $1,635,190.00

    58 percent of Eastern Michigan's revenue from the 2009-10 academic year came via direct institutional support ($15.3 million).

35. Auburn

65 of 99

    Gross Operating Revenue    

    $92,611,558.00

    Less Operating Expenses    

    -$90,908,902.00

    Equals Net Revenue                      

    $1,702,656.00

     

34. Nebraska

66 of 99

    Gross Operating Revenue    

    $73,483,733.00

    Less Operating Expenses    

    -$71,783,068.00

    Equals Net Revenue                      

    $1,745,665.00

    42 percent of Nebraska's revenue from the 2009-10 academic year came via ticket sales ($31.5 million).

33. East Carolina

67 of 99

    Gross Operating Revenue    

    $32,280,456.00

    Less Operating Expenses    

    -$30,473,691.00

    Equals Net Revenue                      

    $1,806,765.00

     

32. Mississippi State

68 of 99

    Gross Operating Revenue    

    $38,127,591.00

    Less Operating Expenses    

    -$36,265,186.00

    Equals Net Revenue                      

    $1,862,405.00

    48 percent of Mississippi State's revenue from the 2009-10 academic year came via NCAA/conference distributions, including all tournament revenues ($18.2 million).

31. Louisville

69 of 99

    Gross Operating Revenue    

    $63,487,395.00

    Less Operating Expenses    

    -$61,257,743.00

    Equals Net Revenue                      

    $2,229,652.00

     

30. Washington

70 of 99

    Gross Operating Revenue    

    $64,034,410.00

    Less Operating Expenses    

    -$61,640,598.00

    Equals Net Revenue                      

    $2,393,812.00

     

29. Texas Tech

71 of 99

    Gross Operating Revenue    

    $61,974,623.00

    Less Operating Expenses    

    -$59,341,489.00

    Equals Net Revenue                      

    $2,633,134.00

    38 percent of Texas Tech's revenue from the 2009-10 academic year came via contributions ($23.6 million).

28. Ball State

72 of 99

    Gross Operating Revenue    

    $20,132,632.00

    Less Operating Expenses    

    -$17,347,944.00

    Equals Net Revenue                      

    $2,784,688.00

    45 percent of Ball State's revenue from the 2009-10 academic year came via student fees ($9.2 million).

27. Oregon State

73 of 99

    Gross Operating Revenue    

    $55,613,345.00

    Less Operating Expenses    

    -$52,669,946.00

    Equals Net Revenue                      

    $2,943,399.00

     

26. Illinois

74 of 99

    Gross Operating Revenue    

    $75,189,489.00

    Less Operating Expenses    

    -$71,957,222.00

    Equals Net Revenue                      

    $3,232,267.00

     

25. Purdue

75 of 99

    Gross Operating Revenue    

    $61,653,561.00

    Less Operating Expenses    

    -$58,365,143.00

    Equals Net Revenue                      

    $3,288,418.00

     

24. Indiana

76 of 99

    Gross Operating Revenue    

    $69,287,811.00

    Less Operating Expenses    

    -$65,796,415.00

    Equals Net Revenue                      

    $3,491,396.00

     

23. NC State

77 of 99

    Gross Operating Revenue    

    $49,459,002.00

    Less Operating Expenses    

    -$45,880,314.00

    Equals Net Revenue                      

    $3,578,688.00

    37 percent of NC State's revenue from the 2009-10 academic year came via ticket sales ($18.3 million).

22. Wisconsin

78 of 99

    Gross Operating Revenue    

    $96,038,912.00

    Less Operating Expenses    

    -$93,259,330.00

    Equals Net Revenue                      

    $3,779,582.00

     

21. Army

79 of 99

    Gross Operating Revenue    

    $29,664,348.00

    Less Operating Expenses    

    -$25,784,801.00

    Equals Net Revenue                      

    $3,879,547.00

    33 percent of Army's revenue from the 2009-10 academic year came via direct state or other government support ($10 million).

20. Tennessee

80 of 99

    Gross Operating Revenue    

    $115,729,599.00

    Less Operating Expenses    

    -$111,670,619.00

    Equals Net Revenue                      

    $4,058,980.00

     

19. Michigan State

81 of 99

    Gross Operating Revenue    

    $83,545,892.00

    Less Operating Expenses    

    -$78,162,447.00

    Equals Net Revenue                      

    $5,383,445.00

     

18. West Virginia

82 of 99

    Gross Operating Revenue    

    $62,030,104.00

    Less Operating Expenses    

    -$56,607,917.00

    Equals Net Revenue                      

    $5,422,187.00

     

17. Arkansas

83 of 99

    Gross Operating Revenue    

    $78,072,620.00

    Less Operating Expenses    

    -$71,801,905.00

    Equals Net Revenue                      

    $6,270,715.00

    42 percent of Arkansas' revenue from the 2009-10 academic year came via ticket sales ($32.8 million).

16. Texas A&M

84 of 99

    Gross Operating Revenue    

    $82,744,133.00

    Less Operating Expenses    

    -$75,941,926.00

    Equals Net Revenue                      

    $6,832,207.00

    39 percent of Texas A&M's revenue from the 2009-10 academic year came via ticket sales ($32.4 million).

15. Virginia Tech

85 of 99

    Gross Operating Revenue    

    $63,313,464.00

    Less Operating Expenses    

    -$55,783,633.00

    Equals Net Revenue                      

    $7,874,831.00

     

14. Buffalo

86 of 99

    Gross Operating Revenue    

    $25,385,009.00

    Less Operating Expenses    

    -$16,973,585.00

    Equals Net Revenue                      

    $8,411,424.00

    39 percent of Buffalo's revenue from the 2009-10 academic year came via direct institutional support ($10 million).

13. LSU

87 of 99

    Gross Operating Revenue    

    $111,030,795.00

    Less Operating Expenses    

    -$102,326,769.00

    Equals Net Revenue                      

    $8,704,026.00

    34 percent of LSU's revenue from the 2009-10 academic year came via contributions ($38.2 million).

12. Oklahoma

88 of 99

    Gross Operating Revenue    

    $98,512,827.00

    Less Operating Expenses    

    -$87,678,199.00

    Equals Net Revenue                      

    $10,834,628.00

    35 percent of Oklahoma's revenue from the 2009-10 academic year came via ticket sales ($38.4 million).

11. Virginia

89 of 99

    Gross Operating Revenue    

    $81,841,633.00

    Less Operating Expenses    

    -$70,870,412.00

    Equals Net Revenue                      

    $10,971,221.00

    41 percent of Virginia's revenue from the 2009-10 academic year came via contributions ($33.9 million).

10. Kansas State

90 of 99

    Gross Operating Revenue    

    $53,436,790.00

    Less Operating Expenses    

    -$42,337,682.00

    Equals Net Revenue                      

    $11,099,108.00

    30 percent of Kansas State's revenue from the 2009-10 academic year came via contributions ($16.3 million).

9. Florida

91 of 99

    Gross Operating Revenue    

    $117,104,407.00

    Less Operating Expenses    

    -$105,824,376.00

    Equals Net Revenue                      

    $11,280,031.00

    33 percent of Florida's revenue from the 2009-10 academic year came via contributions ($39.3 million).

8. Georgia

92 of 99

    Gross Operating Revenue    

    $89,735,934.00

    Less Operating Expenses    

    -$77,250,831.00

    Equals Net Revenue                      

    $12,485,103.00

    30 percent of Georgia's revenue from the 2009-10 academic year came via contributions ($27.3 million).

7. Texas

93 of 99

    Gross Operating Revenue    

    $143,555,354.00

    Less Operating Expenses    

    -$130.436,534.00

    Net Revenue                      

    $13,118,820.00

    39 percent of Texas' revenue from the 2009-10 academic year came via ticket sales ($56.7 million).

6. Iowa

94 of 99

    Gross Operating Revenue    

    $88,735,093.00

    Less Operating Expenses    

    -$74,438,196.00

    Equals Net Revenue                      

    $14,296,807.00

    30 percent of Iowa's revenue from the 2009-10 academic year came via contributions ($26.7 million).

5. Michigan

95 of 99

    Gross Operating Revenue    

    $106,874,031.00

    Less Operating Expenses    

    -$89,133,850.00

    Equals Net Revenue                      

    $17,740,181.00

    39 percent of Michigan's revenue from the 2009-10 academic year came via ticket sales ($41.7 million).

4. Penn State

96 of 99

    Gross Operating Revenue    

    $106,614,724.00

    Less Operating Expenses    

    -$88,041,921.00

    Equals Net Revenue                      

    $18,572,803.00

    39 percent of Penn State's revenue from the 2009-10 academic year came via ticket sales ($41.8 million).

3. Oklahoma State

97 of 99

    Gross Operating Revenue    

    $106,362,128.00

    Less Operating Expenses    

    -$83,748,207.00

    Equals Net Revenue                      

    $22,613,921.00

    48 percent of Oklahoma State's revenue from the 2009-10 academic year came via contributions ($51.8 million).

2. Alabama

98 of 99

    Gross Operating Revenue    

    $130,542,153.00

    Less Operating Expenses    

    -$98,961,214.00

    Equals Net Revenue                      

    $31,580,939.00

     

1. Oregon

99 of 99

    Gross Operating Revenue    

    $122,394,483.00

    Less Operating Expenses    

    -$77,856,232.00

    Equals Net Revenue                      

    $44,538,251.00

    60 percent of Oregon's revenue from the 2009-10 academic year came via contributions ($73.8 million).