USC reported yesterday that football was the only sport that made money last season. Men’s basketball lost $300,000 with $5.5 million in revenue and $5.8 million in expenses. Now USC has ways of working the numbers. For example, the athletic dept. reported $113.2 million in revenue and $113.2 million in expenses. Magical.
But men’s basketball went to the Round of 32 of the NCAA Tournament and lost $300,000. Who was doing the accounting? Tony Bland?
Football had $59.8 million in revenue and $30.2 million in expenses.