The Cartel Known As The NCAA Makes $1 Billion In 2017

The “non for profit” and “student athlete” advocate somehow keeps ranking in money.

The NCAA had close to $1.1 billion in annual revenue during its 2017 fiscal year, according to an audited financial statement the association released Wednesday.
It is the first time the association has surpassed $1 billion in annual revenue, although it had come close in two of its past three fiscal years.

It is the first time the association has surpassed $1 billion in annual revenue, although it had come close in two of its past three fiscal years.

Altogether, the statement showed the NCAA with a little more than $956 million in expenses in fiscal 2017, led — as usual — by $560.3 million in distributions to Division I members.

H/T USA Today

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