April 24, 2024

Stats: Cash Flow in College Football

| 11/1/2007

University of Florida

Tim Tebow
[Photo: University of Florida]
» UF built its original football field and stadium and fielded its first team in 1930. By 1955, according to a headline in the Tampa Daily Times, football was a “Profitable Business at Florida.” These days, national champ Florida is one of the few college football programs in the nation that makes serious money.

» For all Gator sports, the fund-raising arm known as Gator Boosters Inc. generates a third of the funds needed to run the entire athletics department. This year, Gator Boosters transfers to the Athletic Association are projected at $25 million.

» Some die-hard fans pay $12,000 a year for membership into the Bull Gators, which guarantees them an opportunity to buy luxury suites. The suites can cost as much as $48,000 a year. As part of a special fund-raising campaign to build a $28-million “Gateway of Champions” at the stadium entrance, Bull Gators can also donate $1 million to have dinner with Coach Urban Meyer and his family or a chance to run onto Florida Field with the team before a home game.

» This season, SEC revenue from bowl games, TV and championships is projected to be $8.5 million; sponsorships and scoreboard advertising, another
$2.1 million; equipment contracts, more than $4.1 million.

UF football cash flow

Tags: North Central, Education

Florida Business News

Florida News Releases

Florida Trend Video Pick

Florida shoe cobbler mends more than soles
Florida shoe cobbler mends more than soles

Jim McFarland, a fourth-generation shoe cobbler in Lakeland, Florida, never anticipated his trade mending shoes would lead to millions of views on social media. People are captivated by his careful craftsmanship: removing, then stitching and gluing soles on leather footwear.

Video Picks | Viewpoints@FloridaTrend

Ballot Box

Do you think recreational marijuana should be legal in Florida?

  • Yes, I'm in favor of legalizing marijuana
  • Absolutely not
  • I'm on the fence
  • Other (share thoughts in the comment section below)

See Results

Florida Trend Media Company
490 1st Ave S
St Petersburg, FL 33701
727.821.5800

© Copyright 2024 Trend Magazines Inc. All rights reserved.