B1G programs among most profitable

March, 22, 2012
3/22/12
4:20
PM ET
While the Big Ten hasn't secured a national championship in football or men's basketball in nearly a decade, the league isn't lacking for financial resources.

The Business of College Sports blog recently broke down the 2010-11 net income for each FBS athletic department, using figures from the department of education. Although NCAA programs don't report net income, they report revenues and expenses, creating an easy equation to figure out the profits. As the website points out, the data here isn't perfect and doesn't include unique circumstances, but these are the figures distributed publicly by the institutions.

What did they find? The Big Ten boasts two of the nation's three most profitable athletic departments -- Penn State and Michigan -- and four of the top 10. Ten of the 12 Big Ten members reported net incomes from 2010-11 (Northwestern and Minnesota were the exceptions), which marked the nation's second-highest percentage behind the SEC, which had 11 of 12 programs in the black.

Here are where the Big Ten programs ranked nationally in profits:

2. Penn State -- $31,619,687.00
3. Michigan -- $26,649,499.00
7. Ohio State -- $18,630,964.00
10. Michigan State -- $13,512,269.00
17. Purdue -- $6,773,110.00
21. Iowa -- $5,296,068.00
22. Indiana -- $5,293,816.00
23. Nebraska -- $5,170,608.00
32. Illinois -- $1,815,596.00
39. Wisconsin -- $655,421.00

Not surprisingly, Big Ten athletic programs also ranked among the national leaders in both expenses and revenues.

EXPENSES

2. Ohio State -- $113,184,855.00
8. Michigan -- $95,836,991.00
9. Wisconsin -- $92,939,345.00
11. Iowa -- $87,607,487.00
13. Penn State -- $84,498,339.00

REVENUES

2. Ohio State -- $131,815,819.00
5. Michigan -- $122,486,490.00
6. Penn State -- $116,118,026.00
12. Wisconsin -- $93,594,766.00
13. Iowa -- $92,903,555.00

The Big Ten had all 12 members make the top 50 lists for both revenues and expenses, the only conference with full representation on both lists.

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