When the UK athletic department was a youth, all it wanted was a hundred million dollars and a bad chick. Now, it’s only waiting on the latter.
Jon Solomon of CBS continued his offseason series on money in college football by compiling a list of the richest public athletic departments. The “$100 Million Club” used to be an exclusive group, but TV money has now helped create 28. The University of Kentucky is right in the middle of the pack, ranked 14th in annual revenue at $116.5 million.
The most profitable school is Texas, making just shy of $180 million a year. Louisville loves the tagline, “most profitable college basketball program,” yet they’re more than $12 million behind Kentucky, making the club at #25.