What I reported was not wrong. I used data from the 2022 budget as reported to the Board of Regents. If I back up and look at
Fiscal Year 2019 actuals to see how that squares with the Cleveland.com numbers, I see the following line items.
- Total operating expenses of $122,310,057. I'm not sure why the Cleveland.com number is so much different. Maybe some financial wizard can enlighten us.
- There is no line item specifically for ticket sales. There are line items for income by sport which would include ticket sales and maybe some other things. For FY2019 the actuals were $27,352,776 for men's sports and $489,618 for women's sports. Football was $23,071,039. (Since these figures are slightly larger than what Cleveland.com reported, maybe they had a more detailed breakdown which separated out the ticket sales from the other stuff.)
- Income from Athletic Conference of $54,827,039. (That would include the Big Ten six year media contract which from other reports averages out to $31.4 million per year. However the financial report to the Board of Regents doesn't break down those conference distributions any further.)
- Learfield Multi Media Contract Income was $7,763,464
I don't have access to what Iowa reports to the NCAA, which is where I believe Cleveland.com got it's data. If anyone has access to those reports it would be interesting to resolve the differences from what they report to the NCAA. Particularly why are the total expenses are so much different? If someone has better data than what is reported to the Board of Regents as actuals, please post a link to the data. The Board of Regents report is linked above.
And just to repeat, I used 2022 budgeted data in my original post. The numbers I pulled for this post were actuals from FY2019 to use the same year as the linked Cleveland.com numbers.