https://www.courant.com/sports/hc-sp-uc ... story.html
Not exactly a recipe for financial success:
The school’s sports programs were once again heavily subsidized by the university, receiving more than $8.5 million in student fees and more than $30 million in additional institutional support.
In recent years, declining conference and media licensing revenue, along with rising costs, have created the current deficit. It is not sustainable
UConn’s jump from the Big East to the American Athletic Conference in 2013, amid widespread conference realignment, cost the athletic department significant money in media rights and bowl payouts
A USA Today analysis of data from 2016-17 found that the school’s athletic department received the highest university subsidy (about $42 million) of any Division I public institution
The biggest individual team culprit of the UConn athletic department’s 2018 deficit was the school’s football program, which lost $8.7 million. Additionally, men’s basketball lost about $5 million, women’s basketball lost about $3.1 million and the rest of the school’s sports lost about $22.3 million among them.
Ticket sale revenue dropped 7.5 percent from 2017, to $9.1 million.
Football saw a 28 percent decrease in ticket sale revenue last year, from $3.3 million in 2017 to $2.4 million in 2018, while men’s basketball during the 2017-18 season had its lowest attendance numbers in 30 years