"As seen in Figure 4A, across all sports, net revenue from athletics tends to be
negative, with the median annual net revenue for Division I-A schools just greater
than -$4 million and the 75th percentile just greater than -$1 million."
Keep in mind that's D-I.
"In our previous reports we found no evidence to establish a pattern, positive or negative
between athletic expenditures and academic quality."
"Since we would expect any causal relationship between...