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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

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