Greg McGarity emphatically does not approve of this message.
South Carolina athletics is undoubtedly a business as it expects to both bring in and spend more than $120 million in the 2017-18 fiscal year. Revenues are expected to increase but so are expense in the upcoming year, according to athletics director Ray Tanner, who gave his expected budget to the Board of Trustees on Friday.
South Carolina has expected revenues of $121,852,857 the upcoming fiscal year and are expected to spend $102,900,953 and transfer $18,254,306 back to the University. [Emphasis added.]
Not a penny retained? Damn. Makes you wonder if Georgia would pursue a uniform policy for all SEC athletic departments about profit retention. Though I guess McGarity might settle for a state law…