BleedGopher
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per the STrib:
For the first time in five years, the University of Minnesota athletic department is in the black.
According to a revenue and expenses database published by USA Today, Minnesota turned a profit of roughly $1.9 million in 2013, the first time the department has made money since 2008 and only the third time since 2005.
“That’s something that we’re going to strive to do each and every year and hopefully as we continue to improve in all of our sports, we will continue to show more profit,” athletic department spokesman Chris Werle said.
The year 2013 marked the first full year new athletic director Norwood Teague, who was hired in April 2012, presided over the department.
According to the database, Minnesota ranked 15th with more than $98 million in revenue, up from more than $83 million in 2012.
http://www.startribune.com/sports/262206691.html?src=news-stmp
Go Gophers!!
For the first time in five years, the University of Minnesota athletic department is in the black.
According to a revenue and expenses database published by USA Today, Minnesota turned a profit of roughly $1.9 million in 2013, the first time the department has made money since 2008 and only the third time since 2005.
“That’s something that we’re going to strive to do each and every year and hopefully as we continue to improve in all of our sports, we will continue to show more profit,” athletic department spokesman Chris Werle said.
The year 2013 marked the first full year new athletic director Norwood Teague, who was hired in April 2012, presided over the department.
According to the database, Minnesota ranked 15th with more than $98 million in revenue, up from more than $83 million in 2012.
http://www.startribune.com/sports/262206691.html?src=news-stmp
Go Gophers!!