USC Basketball Loses Money?

BOATWRIGHT

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.

21 thoughts on “USC Basketball Loses Money?

  1. Vanderbilt had $ 12,000,000 more in Football TV Revenue that USC did. Thanks Larry.

  2. We suck at everything. USC should just nuke itself. I’m sure Wolf would like that.

  3. 5.8 million in expenses, Really? I’d love to have a breakdown on that, because it sounds like the team is flying first class, and staying at five star hotels, and that includes the coaching staff, doing the same on recruiting trips.. smh

    • Enfield makes: $1,000,000
      Bland made $ 300,000
      Hart: $300,000 (guess)
      Plane rides: $ They flew at least 12-14 times last year, say 20 tickets per flight.
      Hotels $ Nights on the road and at tournaments
      Bus transportation $ Got to get from the airport to the hotel to the arena
      Meals: $ Includes meals at home, training table, and on the road
      Supporting Employees: $ Video guy, strength coach, secretaries
      Scholarships: $
      Stipend for players $ (Yes, they do receive a stipend for living expenses)
      Fred, this does add up. The expenses sound about right from what I have thought it would take to run a team.

  4. Who wants to watch the Toejam BB pound cupcake after cupcake and then lose heavy when it meets in conf. competition.

  5. Of course they lost money. It cost a lot to get recruits to go there. Just ask Tony Bland if you don’t believe me.

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