What North Carolina's NCAA Division I programs make
UNC, N.C. State and others $$$ are revealed by USAT study
What North Carolina's NCAA Division I programs make UNC, N.C. State and others $$$ are revealed by USAT study Check out this story on citizen-times.com: http://www.citizen-times.com/story/sports/2017/07/06/what-north-carolinas-ncaa-division-programs-make/456296001/
USA TODAY Network Sports Published 5:50 p.m. ET July 6, 2017 | Updated 6:05 p.m. ET July 6, 2017
UNC athletics reported a total operating revenue of more than $95 million during the 2015-16 year, according to a USATODAY Sports report(Photo: Ivan Pierre Aguirre-USA TODAY Sports)
The athletics departments at the state's two largest public universities continued to operate at a break-even point or surplus during the 2015-16 academic year, as did Western Carolina, UNC Asheville and Appalachian State.
North Carolina State finished "in the black" by $319,305 while the University of North Carolina's athletics ledger was balanced to the dollar with its total operational revenue of $95,175,985 equaling total operational expenses.
N.C. State had revenues of $80,225,029 and expenses totaling $79,905,724.
Western Carolina's revenues were $13,174,782 while the expenses were $13,013,215, resulting in a net of $161,567.
UNC Asheville had a positive ledger of $67,023 after total operational expenses of $7,712,021 while Appalachian State cleared $188,874 following expenses totaling $31,523,281.
Those figures were among data compiled by USA TODAY Sports from reports of annual athletics department operating revenues and expenses that schools submit to the NCAA each January.
Area schools also mirrored a national trend that saw NCAA Division I schools invest more in their student-athletes.
The 230 public institutions included in the report revealed that spending on financial aid for athletes increased by nearly nine percent – the largest single-year increase since 2010.
The increase includes boosts in the traditional elements of an athletic scholarship – tuition, fees, room and board – plus the additional amounts for incidental expenses that athletes were allowed to receive for the first time.
Schools also are able to provide meals and snacks for athletes that NCAA rules had prohibited until April of 2014.
"Substantial progress has been made in the past few years with NCAA legislations opening the door for programs like ours to invest even more into our student-athletes," Arkansas athletics director Jeff Long said in a statement to USA TODAY Sports. "Fully funding cost of attendance and providing additional meals and fueling for student-athletes in all sports on an annual basis is a significant financial commitment for all intercollegiate programs, but one that was needed for the benefit of our student-athletes."
UNC Asheville boosted its investment in "athletic student aid" 13.6 percent to $1,996,677 last year while Western Carolina provided $3,138,842 in aid for an 8.3 percent increase.
North Carolina ranked 16th nationally with athletic student aid totaling $14.52 million while N.C. State was 32nd at $11.68 million.
Clemson University ranked second in the Atlantic Coast Conference after investing $15.36 million last year, the ninth-highest total in the nation and an 18.3 percent increase over the previous year.
Michigan topped the national list with athletic student aid expenditures of more than $23 million.
Meanwhile, coaches' compensation rose by five percent – the smallest single-year rate in 11 years.
Western Carolina paid $2.72 million in coaching salaries, benefits and bonuses last year to rank 172nd nationally while UNCA was 215th with a coaching investment of $1.3 million.
North Carolina and N.C. State ranked among the national leaders in NCAA distribution monies received. North Carolina ranked second with more than $8 million received while N.C. State was third at $5.56 million.
Western Carolina spent $834,482 on travel last year, while UNCA spent $623,941. Western Carolina generated $397,617 in ticket sales while UNCA came in at $151,416.