Budget
Similar to other Division I programs, football and men's basketball provide the majority of BYU's athletics revenue and profits. Revenue comes from ticket sales, corporate sponsors, broadcasting contracts, and contributions. In 2009 BYU athletics had revenue of $41 million and expenses of $35 million, resulting in a profit of $5.5 million or about 16%. That year football provided more than 60% of revenue, used 42% of total expenses, and had a profit margin of 53%. Men's basketball provided about 15% of revenue and had an 8% profit margin. Women's basketball provided less than 3% of revenue and was unprofitable, as were all other sports.
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Famous quotes containing the word budget:
“A budget takes the fun out of money.”
—Mason Cooley (b. 1927)
“We might come closer to balancing the Budget if all of us lived closer to the Commandments and the Golden Rule.”
—Ronald Reagan (b. 1911)
“You can fool all the people all the time if the advertising is right and the budget is big enough.”
—Joseph E. Levine (b. 1905)