They have 18 teams and are quite successful in the UAA. UChicago has some of the best D3 teams in the country.
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Thank you for the clarification.
And although I could be wrong in some cases, my sense is at least most of the UAA schools are pretty happy with where they are.
Like you can look up financials at this website:
https://ope.ed.gov/athletics/#/
Chicagoâs athletic program is actually operating at a surplusâthey reported $7,422,914 in expenses, $9,630,489 in revenues, so that was a surplus of $2,207,575.
Looking at the details, that was almost all due to the difference between ânot allocatedâ expenses and revenues. Is that merch? I donât know, but anyway the point is this seems to be working out fine for Chicago.
I also checked WashU (where my S24 is going). They had a $848,973 surplus.
My understanding is the Ivies tend to target being budget neutral with athletics, meaning anything they get in revenues is circulated back into the programs. That seemed right in the data when I spot-checked a fewâmuch more in revenues, but also much more in expenses, and it seemed intentionally to net out.
Which could be worse (as it is at some universities), but it isnât better either, at least not financially.
Of course who knows how this all affects student recruitment, donations, and so on. But to my knowledge, the only college to ever leave the UAA is Hopkins, and they were complicated from the beginning because they were in different conferences in different sports. Otherwise the UAA colleges seem pretty happy with the scale and impact of their athletic programs.
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Iâm sorry but this premise would never happen.
I canât imagine a world where the Ivy League, who needs no additional revenue streams like another universities, would invite other universities to join their athletic consortium.
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