The 25 schools that make the most money in college basketball

Louisville mascot

The Louisville Cardinals men’s basketball team has been wrecked with scandal recently, and even had to vacate its most recent title.

The good news for the Cardinals, however, is they are still the richest men’s college basketball program in the country. Based on the most recent data, the Cardinals have the highest revenue of any program in the country, and it is not even that close.

But Louisville isn’t the only scandal-ridden program raking in the money.

The Arizona Wildcats are also near the top. Their head coach, Sean Miller, was reportedly caught on an FBI wire tap discussing the $ 100,000 payment to secure the commitment from a top recruit.

Below is a closer look at the 25 richest programs in college basketball. Data comes courtesy of the Department of Education and USA Today.

25. University of Dayton — $ 14,031,059

Joe Robbins/Stringer/Getty Images

3-year average men’s basketball revenue: $ 13,171,557

1-year change: +4.1%

5-year change: +30.2%

Total athlete department donations: Not available 

Athletics licensing/rights fees: Not available 

2016 expenses: $ 1,861,323

2016 profit: $ 12,169,736

24. University of Minnesota — $ 14,172,048

Jonathan Daniel/Getty Images

3-year avg. men’s basketball revenue: $ 13,216,981 

1-year change: +12.6%

5-year change: -12.3%

Total athlete department donations: $ 15,250,676 

Athletics licensing/rights fees: $ 51,849,920

2016 expenses: $ 2,048,303

2016 profit: $ 12,123,745

23. University of Florida — $ 14,200,425

Mike Ehrmann/Getty

3-year avg. men’s basketball revenue: $ 12,632,784

1-year change: +6.8%

5-year change: +39.4%

Total athlete department donations: $ 43,146,263

Athletics licensing/rights fees: $ 62,151,216 

2016 expenses: $ 1,917,690

2016 profit: $ 12,282,735


See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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