Top 10 most profitable men’s college basketball programs
DURHAM, N.C. (BVM) – College basketball programs are spending millions of dollars in expenses to help generate revenue and profits for the respective school.
Here are the 10 most profitable men’s college basketball programs, as noted in the Equity in Athletics Data Analysis (EADA) reports collected by the United States Department of Education. The data is based on 352 Division I institutions from the 2022 fiscal year (2021-22 season) – which is the most recently reported information.
Takeaways from 352 D-I programs:
- 48 schools reported profits between $3 to $956,526
- 54 schools reported at least a million dollars in profit
- 26 schools reported losses between -$1 to -$2,808,829
- 224 schools broke even (expenses equaled revenue)
