CORRECTION Bulk Cash Smuggling

‘Bama, Penn State most profitable athletic departments


Even as some universities look to nickel-and-dime their way through The Great $2K Stipend Debate, a sizable chunk — especially from the Power Six conferences — are pulling in some type of profit from collegiate athletics.

Based on disclosures from the United States Department of Education, the website reports that 47 of the 66 athletic departments with a football program in a BcS conference made a net profit for 2010-2011.  There were actually 48 schools listed by the site on the positive side of the financial ledger, with Notre Dame, which is a member of the Big East in other sports besides independent football program, coming in inside the Top Ten among individual institutions.

At this point, it would likely be wise to shine a light on the “disclaimer” the website noted when it comes to taking these numbers as financial gospel:

…the athletics departments do not report either profit or net income.  Rather, they report their revenues and expenses.  For this series, profit/net income was calculated by subtracting the total expenses reported from the total revenues reported. 

As noted above, the data used was obtained from the Department of Education and is from 2010-11.  While this data is not perfect, it is the only data publicly available for both private and public institutions.

In other words, take the numbers with a grain of salt the size of [insert name of favorite big-boned coach here].  So, with that said…

Not so surprisingly, the SEC (91.6) and Big Ten (83.33) were the conferences with the greatest percentage of its membership awash in black ink, followed by the Big 12’s 80 percent.

The lowest percentage among BcS conferences?  The Big East, with only three of the eight football-playing members of the conference in 2010-11 pulling in a profit.

Among individual schools, Alabama ($31.68 million) and Penn State ($31.62 million) had the highest net income.  Interestingly, the Tide was the only SEC school in the Top 10; the Big Ten, on the other hand, had a total of four — the Nittany Lions, Michigan (No. 3, $26.65 million), Ohio State (No. 7, $18.63 million) and Michigan State (No. 10, $13.51 million).

The six-time defending BcS conference, though, is certainly not hurting financially, with eight of its 12 members in the Top 26 in net income and just one athletic department — Ole Miss — that didn’t realize a profit.  Tennessee is on the very low end of the SEC profit spectrum with a meager $14,447; the next lowest total from a member of that conference is South Carolina at $762,726.

Texas (No. 4, $24.32 million), Kansas State (No. 5, $23.39 million), Oregon (No. 8, $16.43 million) and Oklahoma State (No. 9, $14.36 million) round out the Top 10 most profitable athletic departments.  Again, based on the very raw numbers from the Department of Education.

(Tip O’ the Cap:

In Baker Mayfield, Texas set to face yet another QB who wanted to be a Longhorn

Baker Mayfield
Associated Press

Jameis WinstonJohnny ManzielAndrew LuckRobert Griffin IIIJ.T. Barrett. Oh, don’t mind me. Just recounting the number of quarterbacks with ties to the Texas football program that never received a sniff from Bevo’s famous snout.

Add another to the list, perhaps the most inexplicable of all: Baker Mayfield.

Mayfield played at Lake Travis High School in Austin, a powerhouse program in a state that specializes in them. Lightly recruited out of high school (he reportedly held only an offer from Florida Atlantic), Mayfield and his family reached out to the nearby program to see if they’d take him as a walk-on.

They said no.

“They told us he had five scholarship quarterbacks, so there wasn’t any need of ‘Bake’ coming out there,” James Mayfield, Baker’s father, told George Schroeder of USA Today. “I popped off that they had five scholarship quarterbacks that couldn’t even play for Lake Travis. That’s where our relationship stalled out.”

On one hand, it utterly boggles the mind why Texas would decline a successful high school quarterback willing to pay his own way on to the team, especially considering the state of the position at the time. On the other, one would see why Mack Brown‘s staff would pass on a kid with only an offer from FAU who says UT’s quarterbacks couldn’t start for his high school team.

Instead, Texas signed Tyrone Swoopes and Mayfield enrolled at Texas Tech. He won the starting job as a true freshman, transferred to Oklahoma, walked on and then won the starting job there.

And now he’s set to face the hometown team he at one time wished he could play for.

Mayfield has completed 88-of-135 throws for 1,382 yards with 13 touchdowns and three interceptions – good for a 178.52 passer rating, which ranks fifth nationally – while adding 138 yards and four scores on the ground. His counterpart, redshirt freshman Jerrod Heard, has connected on 42-of-76 passes for 661 yards with two touchdowns and two interceptions (131.74 passer rating) to go with a team-leading 67 carries for 318 yards and three touchdowns.

“As perverse as all this has been, he’s where he wanted to be,” James Mayfield said. “He’s living his dream. If he had to do it all over again, he’d do it, with the same outcome.”

Appalachian State announces five-year extension for head coach Scott Satterfield

Scott Satterfield
Associated Press

One day after it was revealed its head coach was the second-lowest paid in college football, Appalachian State announced a five-year contract extension for head coach Scott Satterfield.

“We have the right coach leading our football program in Scott Satterfield,” Appalachian State AD Doug Gillin said in a statement. “In nearly three years as head coach, he has stayed true to his convictions, built the program the right way and set Appalachian State football up for sustainable success both in the Sun Belt Conference and at the national level.”

Satterfield had earned $375,000 annually, ahead of only Louisiana-Monroe’s Todd Berry at $360,000 a year.

Satterfield, 42, is 14-14 in his third season at the Boone, N.C., school. He led the Mountaineers to a 7-5 mark in their debut Sun Belt season, and has the club at 3-1 to start the 2015 campaign.

“It’s exciting for my family and me to know that we’re going to be at Appalachian for the foreseeable future,” Satterfield added. “I’m living a dream by being the head coach at my alma mater and can’t wait to continue to work hard to help this program reach heights that it has never reached before.”