Women's college basketball losing money

[Bugeaters1]

http://thebiglead.com/2016/04/20/womens-college-basketball-loses-14-million-a-year-says-mark-emmert/

[Tinpanalley]

Does anyone know how if our women's team makes or loses money? We seem to have good attendance at games.

[huskerchode]

I don't think we make any money from WBB at NU but the VB team might.

[HUD]

A year or two ago NU'S  volleyball program became the first college women's program in the nation  of any type to turn a profit.

[cyinne]

I can't remember where I had seen it but I believe that our women's basketball team were in the red the farthest of all teams we have at Nebraska.

[cyinne]

I can't remember where I had seen it but I believe that our women's basketball team were in the red the farthest of all teams we have at Nebraska.

Found it-

In the black: Rare air for NU volleyball

At most large schools, football and men’s basketball are the only athletic programs that generate revenue. Not so at Nebraska, where volleyball finished in the black by more than a half million dollars in 2013-14.

Football: $36,316,663

Basketball (m): $2,116,412

Volleyball : $577,601

Sand volleyball (w): -$105,669

Rifle (w): -$345,808

Golf (w): -$495,658

Bowling (w): -$501,325

Golf (m): -$503,528

Tennis (m): -$613,479

Tennis (w): -$647,377

Gymnastics (m): -$681,803

Baseball : -$719,993

Wrestling : -$1,094,543

Swimming (w): -$1,107,364

Gymnastics (w): -$1,148,102

Soccer (w): -$1,239,849

Softball : -$1,377,970

Track/cross country (m): -$1,577,981

Track/cross country (w): -$1,688,689

Basketball (w): -$2,509,607

Source: University of Nebraska report to NCAA

[HUD]

Wow!  That's really interesting.  A real eye opener.  I wouldn't have guessed it was that bad.

[Tinpanalley]

Thanks Cyinne. Would have never guessed that they would have lost that much money in one year.

[Norm Peterson]

Makes perfect sense when you think about it: Length of season, number of away games, cost of post-season participation, number of scholarships, etc.

[redsteve]

Pretty sure NU volleyball is one of the only volleyball teams to operate at a profit. The "new" arena is part of the reason. Higher attendance.

 

Like others here, didn't realize NU women.s Bball was that far from a positive balance sheet. Not even close.

 

Could be wrong, but at one point I read that UConn has about a $2,000,000 yearly profit, and attendance average of about 10,000 (we have about 4,500 roughly)

[cyinne]

I'll attach the article where I got the numbers above from-

http://m.omaha.com/huskers/net-gains-in-lincoln-volleyball-is-a-revenue-generator-for/article_2637c720-c903-515d-8aaf-c86c2c3352a0.html?mode=jqm

It talks about women's basketball towards the end of article- says only Tennessee made money in that year and UConn that went undefeated that season lost $2,000,000.

[huskerchode]

Do you suppose that some of that got a little worse when we joined the Big10, due to a higher travel budget?  However, we get a better deal from TV rights, so it was worth the jump.

[colhusker]

Think if DE would put a competitive product on the field baseball would make money.