Alabama’s football program was a slightly less lucrative cash cow in 2015 than 2014, according to a report from the Tuscaloosa News. Some tidbits from their findings:
- Revenue was $95.1 million, costs were $48.6 million; the profit of $46.5 million was down almost $7 million from 2014 in part because coaching salaries went up from $15.5 million to $18 million, and recruiting costs also rose.
- The revenue came mostly from ticket sales ($37 million), private contributions ($20 million), and broadcasting fees ($20 million).
- Nick Saban made about $8 million, and based on the rest of this it’s relatively easy to make an argument that he’s underpaid.
That being said, it continues to be a bafflement that players aren’t at the very least permitted to capitalize on their likenesses by selling autographs or doing endorsement deals.
Go read the whole report at the Tuscaloosa News.
from The Big Lead http://ift.tt/1Tz2GAJ
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