honoluluadvertiser.com

Sponsored by:

Comment, blog & share photos

Log in | Become a member
The Honolulu Advertiser
Updated at 12:36 p.m., Wednesday, April 1, 2009

CBKB: UConn men's basketball made $6 million profit last year

Associated Press

HARTFORD, Conn. — A Connecticut legislative report shows the UConn men's basketball program had a profit of just over $6 million in the 2008 fiscal year.

According to the Office of Legislative Research, the program earned $14.07 in revenue during year and had $7.8 million in expenses.

UConn coach Jim Calhoun, in response to questions in February about his $1.6 million salary in tough economic times, said his program made $12 million for the school. It was not clear if the coach was talking about revenue or profits.

Calhoun was traveling with his team Wednesday to Detroit and the Final Four, and could not be reached for comment. UConn spokesman Mike Enright said the school provided the data for the legislative report.