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Virginia Tech Olympic Sports

RJHokie

Joined: 12/15/1999 Posts: 31130
Likes: 30721


At VT there are only four revenue sports......


Football
Men’s basketball
Women’s basketball
Baseball

So, all the others are supported by donations, student fees, conference revenues and football revenues. Only football and men’s basketball turn “profits”. I’m pretty sure baseball doesn’t because U Va loses over $2 million a year according to their NCAA report....we don’t come close to their attendance levels, and only our ACC games have admission fees. The baseball table and suite fees add to this, but I believe the total received from those items are less than $100k in the aggregate.

As for the soccer, golf, softball, track and field, wrestling, and lacrosse programs, I’m fairly certain those sports don’t have near the contributions to offset the personnel costs, let alone other costs such as travel, associated with the programs. If you look at the final Drive for 25 Blitz reports you can get a rough idea of the contributions made for the specific sports. Those amounts aren’t all inclusive be cause folks make other specific sports donations during the other times of the year.

VT doesn’t break out on its NCAA reports the individual sports income and expense details except for football and the two basketball programs. So, I’ve not seen individual financial reports or budgets on those sports. I’m sure we could file a request for those individual reports and budgets to be provided or made public if we wanted to push the matter.

(In response to this post by 2hhoop3)

Posted: 02/03/2020 at 5:18PM



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Current Thread:
  Golf is probably closest, they have a large endowment ** -- VictoryTurkey 02/04/2020 12:34AM
  "IF" Tech did decide to cut an Olympic sports program... -- Old Line Hokie 02/03/2020 6:37PM
  The Football answer is not to cut OS -- GobblerCE 02/03/2020 1:13PM
  Have you seen.... -- 2hhoop3 02/03/2020 4:46PM
  At VT there are only four revenue sports...... -- RJHokie 02/03/2020 5:18PM
  Charge $10/ticket and sell beer at every sport -- UpperQuad 02/04/2020 9:00PM
  But free tickets to students. ** -- EDGEMAN 02/05/2020 06:40AM
  Yes - free for students and kids ** -- UpperQuad 02/05/2020 09:16AM
  Thanks.... -- 2hhoop3 02/03/2020 6:50PM
  Charging -- Techdady 02/05/2020 11:20AM
  Well since you asked -- VTChip 02/05/2020 7:10PM
  Delete** -- Sportsman 02/05/2020 9:13PM
  Coastal Carolina charges as well -- VTChip 02/03/2020 3:47PM
  I agree -- VT_AD 02/03/2020 4:08PM
  I can't imagine even travel is covered. ** -- 48zip 02/03/2020 12:39PM

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