Quote: Originally Posted by petros
Of course it is...
NCAA Reports $1.1 Billion in Revenues
The NCAA reported a revenue of $1.1 billion for the 2017 fiscal year after releasing their annual audited financial statement.
Mar 7, 2018
HOW IT'S DISTRIBUTED
Sport Sponsorship and Scholarship Funds
Distributed to Division I schools to help fund NCAA sports and provide scholarships for college athletes.
Division I Basketball Performance Fund
Distributed to Division I conferences and independent schools based on their performance in the menís basketball tournament over a six-year rolling period. The money is used to fund NCAA sports and provide scholarships for college athletes.
Division I Championships
Provides college athletes the opportunity to compete for a championship and includes support for team travel, food and lodging.
Student Assistance Fund
Distributed to Division I student-athletes for essential needs that arise during their time in college.
Student-Athlete Services and Championship Support
Includes funding for catastrophic injury insurance, drug testing, student-athlete leadership programs, postgraduate scholarships and additional Association-wide championships support.
Division I Equal Conference Fund
Distributed equally among Division I basketball-playing conferences that meet athletic and academic standards to play in the men's basketball tournament. The money is used to fund NCAA sports and provide scholarships for college athletes.
Academic Enhancement Fund
Distributed to Division I schools to assist with academic programs and services.
Division II Allocation
Funds championships, grants and other initiatives for Division II college athletes.
Membership Support Services
Covers costs related to NCAA governance committees and the annual NCAA Convention.
Division III Allocation
Funds championships, grants and other initiatives for Division III college athletes.
Division I Conference Grants
Distributed to Division I conferences for programs that enhance officiating, compliance, minority opportunities and more.
Supports varous educational services for members to help prepare student-athletes for life, including the Women Coaches Academy, the Emerging Leaders Seminars and the Pathway Program.
Other Association-Wide Expenses
Includes support for Association-wide legal services, communications and business insurance.
General and Administrative Expenses
Funds the day-to-day operations of the NCAA national office, including administrative and financial services, information technology and facilities management.
Beginning in 2019-20, a portion of NCAA revenue will be distributed to Division I schools based on their student-athletesí academic performance.
The distributions listed are recurring, and the information does not include any one-time distributions.
More on NCAA finances.
*Figures are from the 2017-2018 fiscal year and are unaudited. The distributions listed are recurring, and the information does not include any one-time distributions.