Top 12 Largest Deficits for Women’s Basketball Programs
I was forwarded an interesting email while in San Antonio. With the economy and every school’s ever-crunching budgets, I found this very interesting. The cost of success and the cost of running quality programs continues to skyrocket. Now deficit’s are mounting for many, many schools.
According to forms filed with the federal government, these schools reported the largest deficits for their women’s basketball programs in regard to the 2008-09 season:
School Deficit
1. Kansas $3,177,605
2. South Carolina $3,155,424
3. Arkansas $3,120,026
4. Texas A&M $2,996,821
5. Virginia $2,933,888
6. Auburn $2,874,009
7. Duke $2,836,386
8. Auburn $2,761,504
9. Oklahoma $2,677,885
10. Northwestern $2,652,529
11. Texas $2,639,111
12. Georgia Tech $2,479,525
The cost of Big 12 basketball
As this chart shows, one-third of the Big 12 schools lost money on basketball during the 2008-09 season, largely because of the massive deficits associated with their women’s teams. The revenues and expenses listed for each school were taken from forms filed with the federal government. The revenues listed for Baylor, a private school, may include subsidies from the university.
Texas
Women/Men/Total
Revenue: 1,918,013/ 14,770,278/ 16,688,291
Expenses: 4,557,124/ 7,891,661/ 12,448,785
Profit or loss -2,639,111/ 6,878,617/ 4,239,506
Texas A&M
Women/Men/Total
Revenue: 1,049,951/ 8,984,818/ 10,034,769
Expenses: 4,046,772/ 6,219,442/ 10,266,214
Profit or loss: -2,996,821/ 2,765,376/ -231,445
Texas Tech
Women/Men/Total
Revenue: 1,746,714/ 6,479,893/ 8,226,607
Expenses: 2,734,893/ 3,831,828/ 6,566,721
Profit or loss: -988,179/ 2,648,065/ 1,659,886
Baylor
Women/Men/Total
Revenue: 4,082,782/ 4,595,742/ 8,678,524
Expenses: 4,082,782/ 4,595,742/ 8,678,524
Profit or loss: 0/ 0/ 0
Oklahoma
Women/Men/Total
Revenue: 1,448,696/ 6,753,149/ 8,201,845
Expenses: 4,126,551/ 5,409,808/ 9,536,359
Profit or loss: -2,677,855/ 1,343,341/ -1,334,514
Oklahoma State
Women/Men/Total
Revenue: 427,816/ 11,052,293/ 11,480,109
Expenses: 2,118,334/ 5,166,055/ 7,284,389
Profit or loss: -1,690,518/ 5,886,238/ 4,195,720
Colorado
Women/Men/Total
Revenue: 389,436/ 3,993,889/ 4,383,325
Expenses: 2,710,495/ 3,951,423/ 6,661,918
Profit or loss: -2,321,059/ 42,466/ -2,278,593
Iowa State
Women/Men/Total
Revenue: 1,541,423/ 6,197,669/ 7,739,092
Expenses: 2,996,712/ 4,296,701/ 7,293,413
Profit or loss: -1,455,289/ 1,900,968/ 445,679
Kansas
Women/Men/Total
Revenue: 315,529/ 15,737,145/ 16,052,674
Expenses: 3,493,134/ 8,219,362/ 11,712,496
Profit or loss: -3,177,605/ 7,517,783/ 4,340,178
Kansas State
Women/Men/Total
Revenue: 765,006/ 5,656,041/ 6,421,047
Expenses: 2,513,866/ 4,608,889/ 7,122,755
Profit or loss: -1,748,860/ 1,047,152/ -701,708
Missouri
Women/Men/Total
Revenue: 354,849/8,857,828/9,212,677
Expenses: 2,028,463/4,528,720/6,557,183
Profit or loss: -1,673,614/4,329,108/2,655,494
Nebraska
Women/Men/Total
Revenue: 695,026/6,297,232/6,992,258
Expenses: 2,247,575/3,961,218/6,208,793
Profit or loss: -1,552,549/2,336,014/783,465
