Lifestyle

Top Spenders and Earners App Available for Texas Athletics Programs

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Texas colleges and universities have a major investment in athletics. According to data tallied by the Texas Tribune, in the 2015/16 year alone, the eight public Texas universities that play in the top echelon of college football (the Bowl Subdivision) spent over $560 million on athletics. Consistently a high revenue-producing program among them, football is seconded in Texas by men’s basketball.

Using data from NCAA financial reporting, the Tribune produced an online app that allows users to look at the finances of the eight Texas university athletic departments mentioned above in order to review where their money is going and how much of it is earned back. It also allows users to analyze and compare the schools in order to determine how each one resembles or greatly differs another. They’ve noted that private universities are also required to file similar reports, however, they’re not required to make them public via open records laws.

According to their detail, the top three spenders are noted as the University of Texas at Austin, Texas A&M University, and Texas Tech University, each at a little over $171 million, $137 million, and $78 million, respectively. Interestingly, the top three earners correlate to this data, only slightly rearranged. They’re noted as being Texas A&M University, the University of Texas at Austin, and Texas Tech University, at $194.3 million, $187.9 million, and $77.1 million, respectively. For further details on the rest of the schools and the data behind the app, visit the link provided here.