Skip to content

Report: The NCAA had $71 million in ‘surplus revenue’ in 2012

May 2, 2013, 11:50 AM EDT

The NCAA had nearly $872 million in total revenue in the 2012 fiscal year, according to a report from USA Today’s Steve Berkowitz.

With around $801 million is total expenses, the NCAA recorded a surplus revenue of $71 million, which sounds like a huge number until you consider that it’s about 10% of the money generated annually by the NCAA’s broadcasting contract with CBS and Turner.

There’s also this, from the report:

The surplus, an all-time best for the organization, increased its year-end net assets to more than $566 million, roughly double where they stood at the conclusion of the 2006 fiscal year.

Among the NCAA’s $530 million in unrestricted assets was an endowment fund that had grown to more than $282 million as of the end of its 2012 fiscal year, Aug. 31. That’s more than double what the fund was worth six years earlier.

Of the $872 million in revenue generated by the NCAA this year, $504 million was distributed to Division I schools, $115 million on association-wide programs and $38.3 million on management and general spending.

Too bad those piles and piles of money isn’t enough to give the people generating them a fair cut of the profits.

You can find Rob on twitter @RobDauster.

 

Latest Posts
  1. Report: SMU’s Larry Brown up against ‘lack of coach control’ charge

    Jul 29, 2015, 11:40 PM EDT

    Larry Brown AP

    According to the report SMU met with the NCAA Committee on Infractions last month.

  2. BYU lands third 2016 commitment in 6-foot-6 guard/forward

    Jul 29, 2015, 10:35 PM EDT

    Connor Harding, Zach Hillman AP

    Harding won’t join the program until 2018 however, as he’ll be taking his two-year LDS mission beforehand.

  3. Marquette coaches discuss daily ‘noon ball’ tradition (VIDEO)

    Jul 29, 2015, 8:50 PM EDT

    AP Photo AP

    Director of player personnel Travis Diener is pegged as the best player in the games, with he and assistant Chris Carrawell trading some good-natured shots at each other.

  4. ACL tear sidelines San Diego State guard Matt Shrigley

    Jul 29, 2015, 8:17 PM EDT

    Matt Shrigley, Grayson Allen AP

    Only Aqeel Quinn, who’s out of eligibility, made more three-pointers for the Aztecs last season than Shrigley.

  5. Four-star power forward names his top three schools

    Jul 29, 2015, 6:42 PM EDT

    Kelly Kline/adidas Kelly Kline/adidas

    All three programs made Davis a focal point in Las Vegas last weekend.

  6. Las Vegas Leftovers: Some notes that didn’t make the recaps

    Jul 29, 2015, 5:15 PM EDT

    Kelly Kline/adidas Kelly Kline/adidas

    Notes on Vance Jackson, Brendan Bailey and Javonte Smart included.

  7. Isaiah Zierdan one-ups Roosevelt Jones’ trick shot (VIDEO)

    Jul 29, 2015, 3:17 PM EDT

    Getty Images Getty Images

    I’m OK with this becoming a thing all August.

  8. Another Division I coach loses their job in the wake of the Donnie Tyndall scandal

    Jul 29, 2015, 2:30 PM EDT

    Southeastern Louisiana Southeastern Louisiana

    Tyson Waterman is the latest victim in the fallout from the Southern Miss scandal.

  9. Is Jamal Murray considering skipping classes to play for Team Canada?

    Jul 29, 2015, 1:30 PM EDT

    150521calipari Getty Images

    That’s now two of Kentucky’s elite freshmen with concerns looming.

  10. Bruce Pearl on his time at Tennessee: ‘I ran a clean program’

    Jul 29, 2015, 12:00 PM EDT

    150729 brucepearl Getty Images

    Bruce Pearl was fired by Tennessee for lying about a barbecue.

  11. Five-star 2017 center cuts list … to 13?

    Jul 29, 2015, 10:30 AM EDT

    4_3726139

    See which schools are still in play for one of the top rising juniors

  12. CAA Rookie of the Year transfers to BYU

    Jul 28, 2015, 10:04 PM EDT

    Getty Images Getty Images

    Elijah Bryant will have three years of eligibility remaining.

  13. Arkansas forward Jacorey Williams linked to pair of alleged assaults

    Jul 28, 2015, 8:43 PM EDT

    AP AP

    The Arkansas forward was charged with one count of forgery last week.

  14. Texas Tech commit to attend junior college

    Jul 28, 2015, 7:45 PM EDT

    Kelly Kline/adidas Kelly Kline/adidas

    The three-star forward failed to qualify earlier this month.

  15. Arizona State receives commitment from three-star center Jethro Tshisumpa

    Jul 28, 2015, 6:21 PM EDT

    AP AP

    Bobby Hurley off to a good start in his new gig in Tempe.

  16. John Calipari says 2016 “could be best class ever”

    Jul 28, 2015, 6:00 PM EDT

    AP AP

    Tai Wynyard of New Zealand is the only commit currently in Kentucky’s Class of 2016.

  17. Michigan lands commitment from 2016 guard Ibi Watson

    Jul 28, 2015, 5:15 PM EDT

    AP Photo AP

    John Beilein gets his third commitment for 2016.

  18. Another mixtape for July’s biggest stock-riser, Wenyen Gabriel (VIDEO)

    Jul 28, 2015, 4:00 PM EDT

    Screen Shot 2015-07-27 at 2.15.47 PM

    If you can do things like this, you can play for Duke or Kentucky.