The University of Tennessee men’s sports teams aren’t churning out national champions like
other SEC schools, but the Vols are clear champs when it comes to its recruiting budget.
According to the website
BusinessofCollegeSports.com, Tennessee’s men’s teams spent more than $1.8 million on recruiting in the 2010-11 year. That’s tops in the SEC by a substantial margin.
Auburn was No. 2 in the 2010-11 budget battle, spending a little more than $1.5 million, according to the website.
After spending millions of dollars recently to buy out the contracts of former coaches and an
athletic director, one might think the University of Tennessee Athletic Department would have financial issues.
One would be wrong.
According to a study by
BusinessofCollegeSports.com, a website produced by attorney Kristi Dosh, UT benefits from having one of the most profitable football programs in the known universe.
This entry was posted in
UT football and tagged athletic director, basketball, BusinessofCollegeSports.com, coaches, Department of Education, financial data, football, Kristi Dosh, money-machine, profit, University of Tennessee, UT, Vols on . July 6, 2011
Tennessee’s mens basketball team came tantalizing close this year to making its first trip to the Final Four.
But they did score a program first by landing a spot on Forbes.com list of the
most valuable college basketball teams in the country.
The University of Tennessee Volunteers are No. 16 on the Forbes list, after not being ranked the year before. Forbes listed the value of the program at $14.1 million with a profit of $8.6 million.
In the arcane world of tax analysis, Bill Fox, director and professor of economics with the
University of Tennessee’s Center for Business and Economic Research, is a big time player.
State Tax Notes Magazine recently named Fox to its
All Decade Team.
Fox was typically humble and didn’t have much to say about the honor when we spoke recently. But the magazine left no doubt that UT has a valuable resource.
Read more about what the magazine said.