Why BC's expenses are a little deceiving
Forbes has an interesting breakdown of ACC Sports revenue and expenses. BC was in the middle of the conference in terms of football revenue but had high expenses. The first assumption is that travel is the big driver. Given BC's location, it is a factor. But an equally big driver for the private schools is tuition cost. Just look at Duke and Wake Forest. Their travel expenses are near their neighbors on Tobacco Road yet both have less expensive football staffs. But like BC they have to account for the more expensive tuition. The nice thing about scholarship tuition, is that it is not a true cash outflow (like chartering a plane). BC has to account for it, but it is really just an internal allocation.
The good news in all of this is that the ACC's revenue numbers will more than double with the new TV deal. I also wonder (and doubt) that BC's Under Armour deal was factored into the last revenue number.
But regardless of where the money is coming from or how expensive it is to travel, this report is just further confirmation that BC clearly made the right choice when we left the Big East.