AMERICAN JOURNAL OF MANAGEMENT
A New Era: Financial Implications of Division I Intercollegiate Athletics on an Institution
Author(s): Adam Walker, Mitsunori Misawa
Citation: Adam Walker, Mitsunori Misawa, (2018)"A New Era: Financial Implications of Division I Intercollegiate Athletics on an Institution," American Journal of Management, Vol. 18, Iss. 1, pp. 25-35
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This research paper analyzed the financial differences between “Power Five” and “Group of Five”
Division I Institutions. The results show Power Five universities have double the athletics budget ($97.6 million vs. $32.8 million), while receiving an average subsidy of $4.6 million compared to $18.4 million. Furthermore, our analysis shows that Power Five institutions are substantially more productive financially on the academic side in terms of research funding ($428 million vs $96 million) and have five times a median endowment size ($1.25 billion vs $229 million) compared to institutions residing in Group of Five conferences