JosephBaileyOne.... sorry but I have to disagree - the sports program IS NOT
self-supporting and IT DOES
get money from the school budget.
From UT's own revised 2008 budget (http://budget.tennessee.edu/docs.html
), here are the headings from the Athletic Revenues:
General Funds, Student Fees, Athletic Fees, Ticket Sales, NCAA Conference Tournaments, Game Guarantees, Gifts, Licensing Fees, Sports Camps, Other*
The first three headings come from the state funding and student fees. These three items account for $13,335,502 of the total budget of $96,201,392 or 13.8%. For 2008, the expected expenditures from the same budget report was $96,239,913, which produces a shortfall of $38,521. This shortfall would have to come from the UT "rainy day" fund, which again comes from state funding and student fees.
In addition, if you look real close to this detailed budget sheet, there is no detailed breakdown to show accounting for costs such as electricity, groundskeeping, building maintenance, janitorial, payback for athletic program exclusive facilities (stadium, dorm, inside practice facilities, exercise room, etc.), or travel (hotel, bus, airline, meals, etc.). Because of this, no one can guarantee these costs are not obsorbed elsewhere instead of being accounted for in the athletic budget.
So the UT Athletic Program DOES NOT
pay its way and is an overhead activity!!