Originally Posted by Ericvol2096
Tennessee where you make 111.5 Million but spend 110.2 Million.
10th in Revenue, 7th in spending...the Volunteer way!
But I guess spending more is an advantage as you are reinvesting in your programs more than the competition (in theory).
Typically reinvestment is done by way of facilities which use bonds to finance. USC for example took out these bonds for athletics recently:
2008 - $27mill for baseball stadium
2010 - $65 mill for athletics village infrastructure, coach's building, academic enrichment center, tennis venue, farmer's market purchase and a parking garage for athletics.
2012 - farmer's market property renovation, softball stadium.
I'd say the extra was just a matter of making slightly more $ than they budgeted....not something to look at as an indicator of doing really really well.