USA Today is out with another one of its exhaustive lists. This time, the paper looks at the 2012 finances of the schools, ranking them 1-228. The story looks at schools’ revenue, expenses, total subsidy and percent of subsidy.
The Big Ten has 11 schools among the nation’s 35 best earners. This isn’t a shock, is it? Ohio State is No. 2 in the nation; Michigan is No. 3.
It’s impressive that some schools take no subsidies to run their athletic departments. They are self-sufficient. But others do. This hardly seems fair. Honestly, every athletic department should be self-sufficient. It doesn’t seem right to take money away from education, etc., to fund athletics. If you can’t afford it, don’t do it.
Here’s a look at the Big Ten schools that are subsidized:
Michigan State $4,206,730
Here are the Big Ten schools that aren’t subsidized:
Since Northwestern is a private school, it released no data. But check out Rutgers, which will join the Big Ten in 2014—its subsidy was $27,996,056. Maryland—also joining in 2014—had a $17,244,084 subsidy in 2012.
|About Tom Dienhart||BTN.com senior writer Tom Dienhart is a veteran sports journalist who covers Big Ten football and men’s basketball for BTN.com and BTN TV. Find him on Twitter and Facebook, read all of his work at btn.com/tomdienhart, and subscribe to his posts via RSS. Also, send questions to his weekly mailbag using the form below and read all of his previous answers in his reader mailbag section.|
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