Chip Scoggins: As college athletics revenue soars, so does spending

per Chip:

The Big Ten doled out $30.9 million apiece to its members this year, including $7 million strictly from Big Ten Network revenue, a figure that will get blown out of the water when a new TV contract takes effect in two years.

Early projections indicate that every Big Ten school will receive $44.5 million annually from the conference.

And yet …

“When you hear about the numbers,” said Gophers athletic director Norwood Teague, “the perception is that we’re rolling in the dough, and we’re not.”

Asked if he worries about TV revenue leveling off at some point, Teague said, “I hope not, because our costs are rising rapidly every year.”

That component doesn’t get as much attention. In 2006, the Gophers athletic budget was $54 million. Their budget this year is $105 million.

http://www.startribune.com/as-college-revenue-at-u-and-elsewhere-soar-so-does-spending/310548681/

Go Gophers!!

BleedGopher said:

That component doesn’t get as much attention. In 2006, the Gophers athletic budget was $54 million. Their budget this year is $105 million.

Go Gophers!!

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Does anyone know if the Athletic budget includes tuition for the scholarship players? If it does there is most of your budget increase over that period.

Scoggins with a snarky shot across the bow...

The narrative is that everyone in college athletics is getting rich. And they are, especially coaches who shrewdly have used expanding money streams to sweeten their own contracts. Even those who don’t necessarily deserve it, such as the current men’s basketball coach in Dinkytown.

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I can think of a few writers at the Strib that "don't necessarily deserve" the salary they are being paid. This paragraph seems like an unnecessary cheap shot at a Gopher's coach.

tinyarch said:

I can think of a few writers at the Strib that "don't necessarily deserve" the salary they are being paid. This paragraph seems like an unnecessary cheap shot at a Gopher's coach.

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Agreed. It's hilarious how they clamor about the Gophers not being serious and then write nonsense like this about how they shouldn't spend so much.

Really too bad how the media here seems to be trying as hard as possible to alienate coach Pitino.

scher215 said:

Agreed. It's hilarious how they clamor about the Gophers not being serious and then write nonsense like this about how they shouldn't spend so much.

Really too bad how the media here seems to be trying as hard as possible to alienate coach Pitino.

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Agreed. It's very frustrating.