quote:
Head Coach from another UC told us "Baseball Program here funds itself, no need to worry".
Dad,
I am not at all doubting this was told to you, but I wonder if any UC baseball program fully funds itself.
If it did, it seems like it would all have to come from private donations and private sources.
Some of the numbers at Cal to fully fund its program well beyond the 10 years where they ended were pretty unbelievable. If I remember right, the school initially was looking at something like $85,000,000 needed so baseball could be operated in perpetuity. This was based on a 5% return and about $4,000,000 annual total operating costs for baseball, including salaries, retirements, benefits, field/grounds maintenance, scholarships, travel...you name it. Even the wonderful fund raising came to just less than $10,000,000.
I would think only UCLA could have private funding which might come close to fully funding baseball???
I think Stanford might be the closest in CA. to fully funded. The coaching position is fully endowed, they do well at the gate and probably do quite well from private donations.