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[QUOTE="CuseOnly, post: 1231771, member: 2804"]
It's all an accounting shell game...  I can hire an accounting firm to make numbers look exactly how I want them to look regardless of how they actually turn out.  Profitable or not.

Keep in mind that each team pays "rent" for the dome for every game or event and the Dome profitability is not figured into those numbers either.  The Dome is considered a separate entity and not part of the Athletic Department, I am fairly certain that under those terms it is incredibly profitable.  They are just shifting profit and revenue around in a way that suits the "suits" better.  From the AD to the Dome.

From a previous post on this board...
[url]http://blog.syracuse.com/orangefootball/2010/12/syracuse_university_football_m_1.html[/url]

“The thing that’s misleading about the report is it’s not reported consistently,” Gross added. “There’s no rule that says you have to compare apples to apples.”

Gross maintains that “football at Syracuse makes money” even when SU reported otherwise.

Even though NZM seems to think there are specific "line items" that schools have to report, the DOE spokesperson clearly states in this article "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."
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