I meant to post this the other day but it got lost in my in-box: a loyal reader sent “Fiscal study: Michigan athletics are self-reliant; MSU is close,” from the Freep.com web site. It’s not surprising news, really. The University of Michigan makes about $10 million a year from its athletic program, which puts it in the same league as places like Ohio State, Texas, Florida, and Alabama for making money off of athletics. Michigan State is basically a break-even proposition. But that’s about it, and all of the other state of Michigan schools– including EMU, of course– lose a ton of money.
Nothing particularly new, though here’s a fun fact: as I understand the article, no Big Ten athletic program received more than 10% in its revenues from university subsides. In other words, EMU (and I would wager to say the same is true for all of the MAC programs) spends significantly more on sports than Big Ten universities, both as a percentage and in real dollars.