according to Forbes. Glad we're getting out of it what goes in..... http://www.forbes.com/sites/chrissm...m=social&utm_channel=Business&linkId=19804895
I haven't actually looked into it but college athletics is the king of using incredibly creative accounting.
It seems like the author is going through AD financials and pulling football specific numbers to create his own metrics. It would make sense that the "football profit" would be washed out by other sports, facilities, overhead etc.
Football programs by themselves are almost universally highly profitable for power 5 programs. It's all the other sports that send the ad into the red.