More of a joke than anything, but looking at your numbers the missing piece is the revenue from food/beer, etc.
Then of course the additional revenue from getting to the NCAA tournament.
I was frustrated last year when they couldn't match the $1M for Knect. They had an open scholarship and a 3 big name players and a 1 year opportunity to make possibly the biggest impact for CU basketball of all time. It wouldn't make sense to outbid anyone this year for a similar player, but all the stars were aligned last year to make a huge run.
Yea, I get it, just pointing out that although at first glance it seems like, hey if you spend a little bit of money for talent, you will get it back in revenue. But its not as profitable as one may think, although you are right, its probably closer to break even than I am giving it credit for, if you get the right talent.