Football revenues rose in 2011
Posted October 16, 2012 at 10:51 pm in News
Though USC football was ineligible for a bowl game during the 2011-12 academic year as the result of NCAA sanctions, it didnâ€™t stop the school from hauling in record athletic-related revenue.
According to documents filed with the U.S. Department of Education earlier this week, the university reported a record $84.19 million in revenue, nearly $10 million more than the previous year. USC reported $75.7 million for all athletic-related revenue or 2010-11.
The Orange County Register first reported the story Monday night.
Postsecondary co-educational institutions that participate in Title IV are required to file an annual report with the Department of Education regarding expenses and revenues for all athletic teams.
Nonetheless, USC, though on its second year of probation, reported $34.4 million in football-revenue for 2011-2012, according to the Register, an increase in about $3 million. The program reported $23.1 million in expenses for football.
USC Senior Associate Athletic Director Steve Lopes told the newspaper that ticket sales and donations were up. Lopes also credited the fact that USC played seven home football games in 2011. The school, as is the case this season, typically plays just six at the Coliseum.