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[QUOTE="CuseOnly, post: 794991, member: 2804"] I do know that SU does get creative when it comes to the Dome finances and revenue generated by it. I know that it is considered a separate entity, not part of the athletic department so that the revenue generated is not included in these numbers. [url]http://blog.syracuse.com/orangefootball/2010/12/syracuse_university_football_m_1.html[/url] [I]Gross is correct in that respect, said a spokesperson for the U.S. Department of Education. There are no standard accounting methods used in determining how much money an individual school makes or doesn’t make. Accounting methods can skew the profit-loss margin because schools are not held to the same accounting standards, Gross said. [B]The Carrier Dome, for example, is considered a separate entity from SU Athletics, Gross said. Syracuse teams that play there pay rent — an expense most teams don’t have. SU officials would not say how much the Athletic Department pays the Dome for football, but game-day expenses for football were $1,693,145 in 2009, according to the Equity in Athletics report.[/B] Expenses also are skewed because of private school tuition. A full scholarship at Syracuse costs about $52,000 per year, significantly more than tuition at public state schools such as Texas, Ohio State and Penn State. Total cost at Texas, for example, including room and board, is about $30,000 for an out-of-state resident, and significantly less for an in-state student athlete.[/I] Think of how much "rent" that all the teams that play in the Dome pay are creatively pulled from the athletic budget as expenses as well as all of the revenue that the Dome brings in every year.[I] [/I] $1.6 mil just for 6 games in football, how much does BBall pay each year?[I][/I] [/QUOTE]
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