… and I am just sitting here asking myself WHY. Auburn! Football City!
The largest expense remains compensation for coaches, support staff and administrators, which reached $34.7 million in 2013. When adjusting for inflation, Auburn’s costs for athletics department employees have increased 62 percent since 2006.
Plus, like pretty much everywhere else, fewer and fewer people are coming to the games… Salaries go way up… Ticket sales go down… Quite the business model…
And there’s all those millions in severance for people who aren’t there anymore…
April 1st, 2014 at 3:27PM
They won big last year and still lost money. I can’t wait to see what happens when they lose again.
April 1st, 2014 at 4:27PM
JND: So much for the theory that you make money when you win.
April 2nd, 2014 at 12:15AM
UD, didn’t you do a story on unis where more tuition money goes to athletics than academics? Auburn was one of those schools.
April 2nd, 2014 at 6:54AM
Next year is the test. Since Auburn football was awful in ’12, it’s not surprising that ’13 was an off year financially. In the longer run, of course, there’s the issue of whether TV revenue can offset declining ticket sales.