Stats: Cash Flow in College Football
Florida State University
[Photo: Florida State University]
» Football profit is more than enough to cover the losses from all minor men’s and women’s sports, except women’s basketball, which men’s basketball easily funds. FSU’s Seminole Boosters has $132 million in pledges in hand. The university absorbs some athletics’ costs. For instance, athletics got $350,000 in out-of-state tuition waivers. But Orange Bowl receipts in 2006 brought $250,000 to the library.
Note: FSU reported $16.1 million in contributions but didn’t assign them to a particular sport.