In these economic times, as Athletic Departments make tough decisions, there's some interesting news from the Title IX blog.
In case you didn't believe us
...it's true that most athletic departments do not make money and many are not even breaking even these days. The NCAA released the results of a study this week that looked at the numbers from 2004-2008. In DI, the Football Bowl Subdivision (FBS) consists of 119 schools. Only 15 reported a profit in 2008.
This was not surprising, but I have to say I was shocked (even though I shouldn't have been) by these numbers:
Median salary of FBS football coach: $1.095 million
Median salary of FBS men's b-ball coach: $822,000
Median salary of FBS women's b-ball coach: $277,000