Universities Cutting Teams & Trimming Budgets

[MeanGreen61]

http://www.nytimes.com/2009/05/04/sports/0...leges.html?_r=1

[DeepGreen]

"Some programs are so wealthy that they subsidize entire athletic departments. In the 2007-8 season, the Southeastern Conference distributed an average of $5.3 million in football and basketball television revenue to each of its 12 members. In August, the SEC signed 15-year television contracts with ESPN and CBS that will generate even more money.

Last week, the Arkansas athletic department said it would spend $1 million to help the university avoid increasing tuition. In December, the athletic department at South Carolina agreed to steer $1 million of its television revenue back to the university."

[adman]

"Some programs are so wealthy that they subsidize entire athletic departments. In the 2007-8 season, the Southeastern Conference distributed an average of $5.3 million in football and basketball television revenue to each of its 12 members. In August, the SEC signed 15-year television contracts with ESPN and CBS that will generate even more money.

Last week, the Arkansas athletic department said it would spend $1 million to help the university avoid increasing tuition. In December, the athletic department at South Carolina agreed to steer $1 million of its television revenue back to the university."

Do any athletic departments have their own endowments?