Texas’ program is one of only 22 across Division I that operate in the black — it generated enough revenue to cover athletics expenses — an increasingly touchy issue in times of shrinking state allocations and economic stress in higher education. Moreover, the Longhorns kicked $6 million back to the school’s academic side a year ago. For five years, half of the take from their new statewide, 24-hour cable television venture, the Longhorn Network, is earmarked for academics.
USA Today’s Steve Wieberg, Jodi Upton and Steve Berkowitz
on Texas and NCAA financial records
on Texas and NCAA financial records