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They break it down at http://projects.huffingtonpost.com/projects/ncaa/subsidy-sco... and link to the yearly reports, like http://chronicle.s3.amazonaws.com/DI/ncaa_subsidies/eastern-... . The report shows $8 million in Athletic Student Aid, $4.3 million in 'Coaching Salaries, Benefits, and Bonuses Paid by the University and Related Entities', etc., with a 'total expenses' as $30,081,523 . That's well over your description of a $10.73M annual budget; where did you get your number? Does it include all of the details that go into support sports? As for subsidies, that same eastern-michigan-fy2014.pdf describes $17,136,12 for direct institutional support and $6,374,741 for indirect support, giving $23 million. That's for one year. The Huffington piece computes 'Total subsidy income, 2010 - 2014: $120,777,522', which is 5 years. 5 * 23 = $115 million, which is close enough that I won't dig up the numbers across all of the reports. |
That was their athletic department's official budget for 2014.
HuffPost has a table that implies an annual budget, but the numbers are actually for 5 years, and that is not clearly stated directly on the table. That fact makes all of the other numbers that they provide suspicious.