University of Minnesota's athletic programs had 23rd-highest revenue in 2012, report says - Bring Me The News

University of Minnesota's athletic programs had 23rd-highest revenue in 2012, report says

Author:
Updated:
Original:

The University of Minnesota's athletic department generated more than $83.6 million in revenue last year, according to a USA Today Sports analysis examining spending and revenue among 228 NCAA Division I public universities. Minnesota ranked No. 23 for revenue and No. 22 for expenses.

However, the annual report found 205 public schools in NCAA Division I needed subsidies to cover their athletic expenses in 2012, USA Today reports.

LSU, Nebraska, Ohio State, Oklahoma, Penn State, Purdue and Texas were the only schools that didn't receive any subsidy money last year.

Sixteen other public schools generated enough money to balance their athletics budgets, but still received some type of subsidy.

Minnesota collected nearly $7 million in subsidies, according to the special report.

Click here for the complete breakdown of the numbers.

Next Up

Related

University of Minnesota study deems sports drinks mostly unnecessary

Many people believe sports drinks are a healthy alternative that can boost athletic performance, but a study at the University of Minnesota’s School of Public Health found that's not the case. A researcher tells Minnesota Daily products like Powerade and Gatorade only help athletes who take part in “vigorous physical activity for over an hour."

Minnesota had highest voter turnout in the country

The nearly three million Minnesotans that cast their votes Tuesday put the state at the top of the list for voter turnout nationwide. Nearly 76 percent of eligible voters in the state made it to the polls and broke a record number of ballots cast, but the percentage of voters is actually lower than it was in 2008.