Feel free to download a breakdown of revenues and expenses for the university of your choice at: https://ope.ed.gov/athletics/#/
You are going to find that almost every school is net neutral with respect to their sports programs. Football and basketball typically funding all other sports.
Expenses: 12M, 25M, 13M, 70M
Revenue: 6M, 30M, 13M, 44M
1/4 is making a slight profit. 1/4 is breaking even. 2/4 are making a major loss.
A Kennesaw State University (00157700 )| Total Enrollment: 27,300
B Georgia Institute of Technology-Main Campus | Total Enrollment: 14,476
C Georgia State University | Total Enrollment: 22,276
D University of Georgia | Total Enrollment: 27,877
“University of Georgia Athletics approved a new budget for the 2022 fiscal year on Friday. The budget is set at $150,290,994, which is $7.7 million more than in 2019 and $3 million short of the 2020 budget.
Georgia athletic director Josh Brooks told media that the 2020 budget shortfall is currently $30 million and was previously $53 million amid the COVID-19 pandemic.”
https://ugawire.usatoday.com/2021/05/28/georgia-foootball-ug...
Later in the article, it states that the stadiums were at partial capacity (mid 2021), so once stadiums went back to full capacity revenue surely increase significantly.
