Donors...taxpayer money...sports revenue combine to fund the athletic facilities...personnel...promotion...and programs among other university activities. Strip the football money and coaches still get paid. State school not a private institution. You guys are sounding like never been to school types.
And yes...unlike those who bring it up. I have been a donor and active supporter.
Now back to your world of bottomless cash piles.
No tax money goes to coaches salaries.
West Virginia's athletic department ranked 37th nationally in overall revenue in the 2017-18 school year and 4th in Big 12, according to data published by USA Today Monday. WVU produced $102,684,423 in revenue, which was a decrease from the $110.5 million produced by the department the previous year.
The numbers still demonstrate the importance of West Virginia’s move to the Big 12 in 2012-13.
Covid cost WVU in the neighborhood of $65 million for the 2020-21 fiscal year, according to West Virginia director of athletic Shane Lyons. Will be operating in the red by $18 million more if they had not played those 10 games. Their IMG account is an annual value of $7.8 million, or at least that’s the amount that was previously guaranteed.
WVU’s multimedia rights deal is part of its $93 million athletic department budget. Of that budget, approximately $60 million are fixed costs for things like scholarships, salaries for contract employees, utilities and all the other day-to-day bills that must be paid by the Mountaineers.
I doubt WVU is missing your pennies.
Big 12 athletic revenue and expenses, 2017-18*
| Revenue | Expenses |
Texas | $219,402,579 | $206,554,432 |
Oklahoma | $175,325,500 | $152,674,475 |
Kansas | $106,307,326 | $104,108,072 |
West Virginia | $102,684,423 | $91,807,281 |
Texas Tech | $89,259,783 | $88,948,721 |
Iowa State | $88,753,664 | $88,670,048 |
Oklahoma State | $88,516,367 | $88,228,667 |
Kansas State | $86,911,309 | $77,633,258 |
*Data unavailable for Baylor and TCU
This from article on MSN in 2019.