According to a USA Today report, the Terrapin athletics department is among the highest nationally in “athletics revenue” allocated from institutional/government support or student fees. In other words, Athletics Director Kevin Anderson needs a lot of outside help to offset shortfalls in revenue from ticket sales.
Here’s a list of the four most subsidized universities out there:
1.) Rutgers $26,867,679
2.) Connecticut $14,578,029
3.) South Florida $14,185,037
4.) Maryland $13,749,781
But that figure could be a bit misleading.
According to The Washington Post, a good portion ($9.4 million) of that $13.7 million comes from student fees. And nearly a quarter of the $9.4 million is devoted to athletics (tickets, etc.).
One thing’s for certain: A packed-to-the-nosebleeds Byrd Stadium and Comcast Center will help make Anderson’s life and budget-balancing a lot easier.