Web Extra: College athletes’ pay

FOX24

Courtesy: ArkansasRazorbacks.com

FAYETTEVILLE, Ark. (KFTA) — To coincide with the special report on college athletes’ pay, Fox 24 attained the Razorback Athletics budget for 2019-20 to demonstrate the breakdown of funds.

The projected total revenues for 2019-20 is $125,621,500. The majority of that number is made up of money taken in by Southeastern Conference/NCAA distribution, followed by ticket sales. Those two avenues make up more than $84 million alone.

The projected expenses matched the revenue number, meaning there isn’t a surplus of money. Funds would theoretically need to be rerouted to find a way to compensate players should a “pay-for-play” model arise.

Salaries and benefits for Razorback Athletics’ employees make up more than $44 million in expenses alone.

Copyright 2020 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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