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Some unofficial revenue data

SCHOOL REV

Florida State $120.8

Louisville $104.3

Duke 91.6

Virginia $91.3

North Carolina $89.1

Cuse 87.1

Clemson $83.5

Virginia Tech $80.2

Miami 77.7

Georgia Tech $77.2

N.C. State $76.8

Pitt 70.5

BC 69.3

Wake 58.6

PSU 127.9
ND 121.2
OSU 170.9
WVU 87.2


http://www.dailypress.com/sports/teel-blog/dp-teel-time-state-revenues-1415-post.html

http://ope.ed.gov/athletics/GetOneInstitutionData.aspx
The OPE site is useless for revenue because it allows schools to count institutional aid and student fees as revenue. In reality Pitt's revenue was $57,212,520
 
The OPE site is useless for revenue because it allows schools to count institutional aid and student fees as revenue. In reality Pitt's revenue was $57,212,520

So did the above USA today's numbers and all(OPE) we have to go by for Pitt.
 
So did the above USA today's numbers and all(OPE) we have to go by for Pitt.

Here are Pitt's financials, as filed with the PA Department of Education. Page 62 of 188 will get you to the Athletic Department disclosure.

As you'd expect, the increase in revenue over 2013-14 is almost totally due to finally getting a full share of their ACC money.

Their true athletic department revenue is indeed the aforementioned $57,212,520. The deficit is made up by subsidies from the University's general fund.

Pitt athletics operate at a pretty severe deficit. Over 10% of their expenses ($64,988,344 in 2015) are covered by the University's subsidy.
 
Here are Pitt's financials, as filed with the PA Department of Education. Page 62 of 188 will get you to the Athletic Department disclosure.

As you'd expect, the increase in revenue over 2013-14 is almost totally due to finally getting a full share of their ACC money.

Their true athletic department revenue is indeed the aforementioned $57,212,520. The deficit is made up by subsidies from the University's general fund.

Pitt athletics operate at a pretty severe deficit. Over 10% of their expenses ($64,988,344 in 2015) are covered by the University's subsidy.


Hardly newsworthy, as this is how it has been for quite a long time. All these numbers suggest to me is that Pitt has always been operating at a significant financial disadvantage compared to the big boys of the college athletic world, and even as compared to fellow conference members. This of course will be the biggest task facing our AD in attempting to close the gap--if Pitt is to compete on a more level playing field. I'm doing my part to assist, hopefully other Panther fans will step up or stretch as well. Hail to Pitt!
 
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Here are Pitt's financials, as filed with the PA Department of Education. Page 62 of 188 will get you to the Athletic Department disclosure.

As you'd expect, the increase in revenue over 2013-14 is almost totally due to finally getting a full share of their ACC money.

Their true athletic department revenue is indeed the aforementioned $57,212,520. The deficit is made up by subsidies from the University's general fund.

Pitt athletics operate at a pretty severe deficit. Over 10% of their expenses ($64,988,344 in 2015) are covered by the University's subsidy.

Specifically page 60 the Athletics overview is on.
 
Here are Pitt's financials, as filed with the PA Department of Education. Page 62 of 188 will get you to the Athletic Department disclosure.

As you'd expect, the increase in revenue over 2013-14 is almost totally due to finally getting a full share of their ACC money.

Their true athletic department revenue is indeed the aforementioned $57,212,520. The deficit is made up by subsidies from the University's general fund.

Pitt athletics operate at a pretty severe deficit. Over 10% of their expenses ($64,988,344 in 2015) are covered by the University's subsidy.

So, -7.7m.?
Was -8.2m in '06.
Improvement!

http://www.utimes.pitt.edu/?p=5557
 
So, -7.7m.?
Was -8.2m in '06.
Improvement!

http://www.utimes.pitt.edu/?p=5557
Here are the amounts since the Snyder report was required.
Revenue Expenses Losses
2009 $ 33,321,041 $ 45,952,256 $ (12,631,215.00)
2010 $ 36,359,580 $ 43,546,976 $ (7,187,396.00)
2011 $ 37,308,706 $ 47,362,871 $ (10,054,165.00)
2012 $ 39,934,172 $ 47,264,625 $ (7,330,453.00)
2013 $ 37,809,475 $ 50,004,506 $ (12,195,031.00)
2014 $ 49,234,695 $ 57,023,655 $ (7,788,960.00)
2015 $ 57,212,520 $ 64,988,344 $ (7,775,824.00)
Totals $ 291,180,189 $ 356,143,233 $ (64,963,044)

http://www.education.pa.gov/Data-and-Statistics/Pages/Higher-Education.aspx#.VxZ5YaTD_60
 
Here are the amounts since the Snyder report was required.
Revenue Expenses Losses
2009 $ 33,321,041 $ 45,952,256 $ (12,631,215.00)
2010 $ 36,359,580 $ 43,546,976 $ (7,187,396.00)
2011 $ 37,308,706 $ 47,362,871 $ (10,054,165.00)
2012 $ 39,934,172 $ 47,264,625 $ (7,330,453.00)
2013 $ 37,809,475 $ 50,004,506 $ (12,195,031.00)
2014 $ 49,234,695 $ 57,023,655 $ (7,788,960.00)
2015 $ 57,212,520 $ 64,988,344 $ (7,775,824.00)
Totals $ 291,180,189 $ 356,143,233 $ (64,963,044)

http://www.education.pa.gov/Data-and-Statistics/Pages/Higher-Education.aspx#.VxZ5YaTD_60

Interesting that while revenue has gone up, expenses have gone up almost by the same exact amount. It looks like it is planned that the University will pay $X amount towards the athletic program.
 
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