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<body class='hmmessage'><div dir='ltr'>How much do these schools give back to the universities general fund in paying for tuition and fees? The school may give the athletic department $5 million but doesn't the athletic department turn around and gives it right back to cover tuition?<br><br><div><hr id="stopSpelling">From: kvoigts@wisemanengine.com<br>To: herky@lists.herky.net<br>Date: Tue, 19 Apr 2016 13:06:59 -0500<br>Subject: Re: [Herky] USA Today study of university athletics<br><br><style><!--
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--></style><div class="ecxWordSection1"><p class="ecxMsoNormal"><a name="_MailEndCompose" target="_blank"><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;">So the Iowa department lost money in 14-15. Are subsidies the funds that the educational institution had to put in the athletic account to help pay bills? Some amounts are very large. Even Iowa’s athletic dep’t had to go to the well. Or am I missing something?</span></a></p><p class="ecxMsoNormal"><span style=""><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;"> </span></span></p><div><p class="ecxMsoNormal"><span style=""><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;">Keith L. Voigts</span></span></p><p class="ecxMsoNormal"><span style=""><i><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;color:#2F5496;">Wiseman Technologies, Inc.</span></i></span></p></div><p class="ecxMsoNormal"><span style=""><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;"> </span></span></p><span style=""></span><div><div style="border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in;"><p class="ecxMsoNormal"><b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;">From:</span></b><span style="font-size:11.0pt;font-family:"Calibri",sans-serif;"> Herky [mailto:herky-bounces@lists.herky.net] <b>On Behalf Of </b>James Kusack<br><b>Sent:</b> Monday, April 18, 2016 2:24 PM<br><b>To:</b> herky@lists.herky.net<br><b>Subject:</b> [Herky] USA Today study of university athletics</span></p></div></div><p class="ecxMsoNormal"> </p><div><p class="ecxMsoNormal"> </p></div><p class="ecxMsoNormal">Snipped the Big Ten data. Sorry, I’m sure this will come out weirdly for most of you (though I sent it to myself as a test and it came out fine). From <a href="http://sports.usatoday.com/ncaa/finances/" target="_blank">http://sports.usatoday.com/ncaa/finances/</a></p><div><p class="ecxMsoNormal"> </p></div><div><p class="ecxMsoNormal">JMK</p></div><div><p class="ecxMsoNormal"> </p><div><p class="ecxMsoNormal"> </p><div><div><div><p class="ecxMsoNormal"><span class="ecxapple-tab-span"> </span>Revenue<span class="ecxapple-tab-span"> </span>Expenses<span class="ecxapple-tab-span"> </span>Subsidy<span class="ecxapple-tab-span"> </span>% subsidy</p></div><div><table class="ecxMsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="909" style="width:681.75pt;border-collapse:collapse;border-spacing:0px;min-height:100%;max-width:inherit;min-width:100%;overflow:visible;" id="ecxsports-table-scroll-dom"><tbody><tr style="font-style:inherit;"><td nowrap="" style="border:solid #DDDDDD 1.0pt;border-left:none;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Ohio State</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border:solid #DDDDDD 1.0pt;border-left:none;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border:solid #DDDDDD 1.0pt;border-left:none;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$167,166,065</span></p></td><td nowrap="" style="border:solid #DDDDDD 1.0pt;border-left:none;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$154,033,208</span></p></td><td nowrap="" style="border:solid #DDDDDD 1.0pt;border-left:none;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$0</span></p></td><td nowrap="" style="border-top:solid #DDDDDD 1.0pt;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:none;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.00</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Michigan</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$152,477,026</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$151,144,964</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$263,345</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.17</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Penn State</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$125,720,619</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$122,271,407</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$0</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.00</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Wisconsin</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$123,895,543</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$118,691,112</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$7,850,256</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">6.34</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Minnesota</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$111,162,265</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$111,162,265</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$6,919,096</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">6.22</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Michigan State</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$108,687,274</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$108,283,151</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$702,284</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.65</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Iowa</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$105,969,545</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$109,214,651</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$650,000</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.61</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Nebraska</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$102,157,399</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$98,023,037</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$0</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.00</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Maryland</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$92,686,128</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$92,558,535</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$14,546,411</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">15.69</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Indiana</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$88,362,421</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$88,330,530</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$2,707,752</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">3.06</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Illinois</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$85,998,659</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$87,163,188</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$3,728,444</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">4.34</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Purdue</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$75,637,694</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$74,420,334</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$0</span></p></td><td nowrap="" style="border:none;border-bottom:solid #DDDDDD 1.0pt;background:#F9F9F9;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">0.00</span></p></td></tr><tr style="font-style:inherit;"><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><a href="http://sports.usatoday.com/ncaa/finances/" target="_blank"><span style="font-size:9.0pt;font-family:"inherit",serif;color:#E82425;border:none windowtext 1.0pt;padding:0in;text-decoration:none;">Rutgers</span></a><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;"></span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:inherit;width:inherit;"><p class="ecxMsoNormal" style="line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">Big Ten</span></p></td><td nowrap="" style="border-top:none;border-left:none;border-bottom:solid #DDDDDD 1.0pt;border-right:solid #DDDDDD 1.0pt;padding:0in 7.5pt 0in 7.5pt;min-width:30px;"><p class="ecxMsoNormal" align="right" style="text-align:right;line-height:22.5pt;"><span style="font-size:9.0pt;font-family:"Helvetica",sans-serif;color:#3F3F3F;">$70,558,935</span></p></td><td style="padding:0in 0in 0in 0in;"></td><td style="padding:0in 0in 0in 0in;"></td><td style="padding:0in 0in 0in 0in;"></td></tr></tbody></table><div><p class="ecxMsoNormal"> </p></div></div></div></div></div><p class="ecxMsoNormal"> </p></div></div><br>_______________________________________________
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