Its a sport that doesn't generate profit and is managed as a luxury item for most power conference schools.
Look at University of Texas as an example. Revenue for baseball is at $5.5 million. Expenses exceed revenue so they operate in the red each year. One of the most successful programs in college baseball loses money as it stands today in a sport they typically dominate in.
LSU is one of the only national programs that turns a profit........barely. Their operating expenses come in around $5.8 million. Revenue comes in around $6.3.
Regarding total athletic revenue, Southern Miss took in nearly $2 million less in 2018 than it did the previous year, with total revenue of $23.984 million (it was $25.915 million in 2015-16). At the same time, expenses only decreased by $663,842, leaving USM with an on-paper deficit.
Ticket sales were down as were contributions. Southern Miss was last in Conference-USA in revenue, and No. 126 nationally last year.
I love college baseball but it isn't growing enough to keep adding on expenses especially when you have other required sports that bleed money like sand volleyball just so the ladies have equal opportunities.
Last edited by Nugget's Ghostbuster (2019-04-19 17:34:29)
"There was a great deal of character on that field today. They are for real, no doubt about it. This was no fluke." - Coach Paul "Bear" Bryant