Total Net Revenue from Football FY2014-FY2020 with football specific revenue and football specific Expenditures and total AD Net Revenue in parenthesis.
2014 - $11,081,351 Net Revenue from Football (-$76k total)
2015 - $11,274,065 Net Revenue from Football ($2.5m total)
- Rev - $28.4m
- Exp - $17.3m
2016 - $19,172,394 Net Revenue from Football ($2.5m total)
- Rev - $28.3m
- Exp - $17m
2017 - $21,403,391 Net Revenue from Football ($3.5m total)
- Rev - $37.5m
- Exp - $18.3m
2018 - $21,386,232 Net Revenue from Football (-$245k total)
- Rev - $43.5m
- Exp - $22.1m
2019 - $13,776,760 Net Revenue from football (-$3.m total)
- Rev - $43.4m
- Exp - $22.1m
2020 - $27,772,578 Net Revenue from football ($4.4m total)
- Rev - $43.4m
- Exp - $29.6m
2021 – (355,313) Net Revenue from football (-$17.4m total)
- Rev - $50.4m
- Exp - $22.7m
- Rev - $17.1m
- Exp - $17.5m
Even a ****ty football team having to buy out bad contracts brings in a ton of revenue and keeps the AD's P&L positive more often than not. It's absurd to suggest the AD has so poorly mismanaged its finances that there's no reason for the school itself to loan the necessary funds in order for the football program to do what's necessary to continue being profitable.
NCAA Financial Reports - University of Colorado Athletics
University of Colorado Athletics NCAA Financial Reports 2023 NCAA Financial Report 2022 NCAA Financial Report 2021 NCAA Financial Report 2020 NCAA Financial ...cubuffs.com
So, take out the Covid year (where the school refused to cover the shortfall while every other conference school did) and we have an athletic department that shows a net profit of $9.6MM over an 8 year period while still paying for all of the scholarships to the tune of around $15MM/Year. Sounds like some serious mismanagement of resources to me.