UNI athletics over budget

[taper]

Isn't profit the difference between revenue and expenses?

The trouble is that taxpayer subsidies get booked as revenue. Make an athletic department stand on their own and maybe 5 are actually profitable. Maybe another 20ish could get there by cutting expenses, and 50ish by slashing the non-revenue sports to the bare minimum to still count.
NDSU couldn't do it no matter what. Sure you want to make that the criteria?

[bisonaudit]

Isn't profit the difference between revenue and expenses?

Yes. But not of profit entities don’t call it that. Because they can’t distribute it to owners they can only reinvest it in whatever it is that they do which means that sooner or later (sometimes much later) it gets expensed.

[GCWaters]

The trouble is that taxpayer subsidies get booked as revenue. Make an athletic department stand on their own and maybe 5 are actually profitable. Maybe another 20ish could get there by cutting expenses, and 50ish by slashing the non-revenue sports to the bare minimum to still count.
NDSU couldn't do it no matter what. Sure you want to make that the criteria?

I see your point, but I think it's largely semantics, at least as long as those subsidies keep coming.

[bisonaudit]

I see your point, but I think it's largely semantics, at least as long as those subsidies keep coming.

Sure, but think of all the perverse behavior and bad incentives such a system can create when confronted with billions of dollars in TV revenue it has to spend (on anything but wages for players).

[GCWaters]

Sure, but think of all the perverse behavior and bad incentives such a system can create when confronted with billions of dollars in TV revenue it has to spend (on anything but wages for players).

That we agree on...

[yellowstreak]

The trouble is that taxpayer subsidies get booked as revenue. Make an athletic department stand on their own and maybe 5 are actually profitable. Maybe another 20ish could get there by cutting expenses, and 50ish by slashing the non-revenue sports to the bare minimum to still count.
NDSU couldn't do it no matter what. Sure you want to make that the criteria?

G5s don't make money. If D2 became the new G5 and the old d2 and the poor performing fcs schools became d3, I'd be okay with NDSU at d2.