Many tourney teams don't turn profit

[Shocker-maniac]

"Five schools in this year's tournament -- West Virginia, Notre Dame, Oklahoma State, UC Irvine and Davidson -- reported losses. West Virginia lost the most ($2.2 million), followed by Notre Dame ($2 million)."

http://espn.go.com/mens-college-bask...ot-turn-profit

[SPEShockAlum]

As basketball programs or athletic departments?

[Shocker-maniac]

When I read the article I understood it to mean basketball programs.

[ShockTalk]

IMO, all smoke and mirrors. You only see what they want you to see. From school to school, there is no continuity in where they apply income/costs within the athletic department. Also, special situations. Was there a big payout to a former coach? Was there certain improvements that were written off over 1 or a few years, not a longer period? Public vs private institution. No accounting wiz, just my opinion.



Edit: I'm only talking about the P5 schools, some others publics, and probably most privates.