September 25, 2023

Stats: Cash Flow in College Football

| 11/1/2007

Florida Atlantic University

[Photo: Florida Atlantic University]

» Talk about starting over. Veteran college and pro Coach Howard Schnellenberger, who led the University of Miami to the 1983 national championship, arrived in 1998 to start a football program. He raised $15 million for it and became head coach when football launched in Division I-AA in 2001 and into Division 1-A (now the Bowl Subdivision) in 2005.

» In September, Schnellenberger went to Orlando and saw FAU’s future in UCF’s new 45,000-seat stadium. “They went from a semi-profitable situation to an extremely profitable situation,” Schnellenberger, 73, says. A few days later, FAU trustees approved a plan for a self-supporting $62-million, 30,000-seat stadium to open on the Boca Raton campus in 2010.

FAU football cash flow
*FAU reported $740,852 in contributions but didn’t assign most of it to a particular sport.

Tags: North Central, Education

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