Comment Re:And yet- (Score 1) 828
Most any college team I know of (SEC ones in my experience) MAKE the universities money by the barrel full.
These teams not only support themselves, but pour money back into the general university system.
Check your stats a bit more carefully.
The University of Kentucky athletics department brings in about $60 million/year in revenue.
That funds their budget (and Calipari's grotesque salary). Roughly $1 million, IIRC, makes its way back into the general university system.