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Arizona State athletic dept received $51.7M subsidy from the school in FY2024

Franisdaman

HB King
Nov 3, 2012
103,202
141,108
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Heaven, Iowa
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So, if my math is right, the school provided about $69 million in funding over the last 3 years?

Further, again if my math is right, the athletic department only generated $92 million in 2024 on it's own? Isn't that about 1/2 of what the Iowa program gets?

The school funding the athletic department and NIL funding the players.

This is kinda nuts.
 
“They don’t really balance the budget in a way that any normal person thinks they’re balancing the budget,” said sports economist Victor Matheson, a professor at the College of the Holy Cross in Massachusetts, in a recent interview with The Republic. “So the term ‘balance the budget’ is wrong. All they’ve done is waved a magic wand, in this case an accountant’s pen, and they ‘balanced the budget’ by moving money from ‘this place’ to ‘this place’ until the two numbers on both sides of the ledger balanced out.”
 
I think that they are one of the schools being investigated for antisemitism by the Dept of Education. If their funding gets hit in a manner anywhere close to Columbia, that school support will evaporate.
 
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