NCAA making money, hand over fist
Old 11-17-2011, 09:06 PM   #1 (permalink)
is the baby faced assassin

Join Date: May 2008
Location: YO MAMMA
Posts: 81,104
Smile NCAA making money, hand over fist

Someone at the NCAA headquarters in Indianapolis is going to have a lot of explaining to do after closely guarded financial statements from the organization were leaked online for the world to see...
...Deadspin reports the NCAA took home $693.2 million in revenue in 2008. A majority of that cash came from March Madness which saw Kansas, Memphis, North Carolina and UCLA all No. 1 seeds reach the Final Four at the Alamodome in San Antonio. Bill Self's Jayhawks beat John Calipari's Tigers in the championship game.

Just over 51 percent ($359 million) of the 2008 NCAA revenue went back to Division I schools, with slightly more than 33 percent ($230 million) used to stage championship events. Another $26 million (3.7%) was headed to the NCAA's "management and general fund," leaving 3.4 percent ($24 million) in profit.

In addition, Deadspin reports the NCAA had invested a breathtaking $356 million in different financial markets....
NCAA Internal Finance Figures Surface | ThePostGame
jeffb is offline   Boss Key Wife Key

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -4. The time now is 01:03 AM.

Powered by vBulletin® Version 3.7.1
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Copyright 2005-2011

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24