Alabama Athletic Department Finances From 2005-2012

May 19th, 2013 | by CollegeAD
Alabama Athletic Department Finances From 2005-2012
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The University of Alabama’s athletic department was the most profitable in the nation during the 20Alabama Athletic Department10-2011 academic year. Alabama led the nation in net income despite also being among the top ten biggest spenders among athletic departments.

Alabama was the only SEC school in the top ten of the most profitable list, with Arkansas, LSU, Florida and Georgia making up Nos. 11-14 on the list. Mississippi State came in at No. 18 on the list with a net income of $6.3 million, while Vanderbilt’s $5.7 million net income from athletics put them at No. 20 on the list. Read More.

Furthermore, an interesting article has surfaced regarding the debate over compensating athletes. AL.com found that nearly half of the public Division I schools had a higher percentage increase in coaches and staff salaries than scholarship costs from 2005 to 2012.

 

Alabama Athletic Department Finances From 2005-2012

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Alabama Athletic Department Graphical Breakdown For Department Finances From 2005-2012

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As you can see by the dotted black line, right licensing numbers increased significantly in 2010, which of course is no fluke given the south end zone and upper deck expansion project on Bryant-Denny Stadium concluding that year.

Amazingly, due to the economic climate in 2009, and resultant lowered construction costs, the stadium expansion cost $15 million less than expected, coming in around $65.6 million.

The expanded south end zone now includes a two level South Zone club with a total of 1,700 seats and 36 skyboxes to bring the total number of skyboxes in Bryant–Denny Stadium to 159, as well as an 8,500 seat upper deck. The entire stadium’s audio/visual system was upgraded including two new video boards in both corners of the south end zone.

Alabama Athletic Department

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