Good Question: Does the UK sports department pay for itself?
LEXINGTON, Ky. (WKYT) - For today’s Good Question, Doug asks, “Does the UK sports department pay for itself?”
Yes, Doug, they do. And they’re actually one of only a handful of college athletics departments that make more money than they spend.
That’s been the case for a while now, except for in 2021 because of the pandemic. But, in 2022, UK Athletics had around five and a half million dollars in revenue.
There are almost 1,100 NCAA schools, and according to BestColleges.com in 2019, only 25 of them made money on athletics.
In 2022, a majority of that revenue for UK came from ticket sales and media rights for men’s basketball and football, as well as media rights in general.
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