NightmaresDad
Woody Rules!
SmoovP;1919042; said:For the record, the NCAA budget for 2010-2011 was/is $757 million dollars - $580 million (or, nearly 77%) of it was distributed back to schools and conferences.
$23 million (3%) was spent on youth service programs. $89 million (12%) was spent on Membership Programs and Services. $30 million (4%) was spent on Administration Services - salaries and operating expenses. $114 million (19%) was spent on Member Schools and Conference expenses.
The total operating expense was $724 million spent out of $757 million collected - or, 95.64% - with a little over 4% kept back for contingencies and reserves.
You need a new calculator
77% + 3% +12% + 4% + 19% = 115%
Plus the 4% left over is 119%
That NCAA really tries hard, man. They give you 119%
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