You're confusing revenue and profit. This is merely a sign that Purdue is spending far more than NW or PSU, because our revenue is significantly more than both schools.
I get it is profit. Purdue can't be outspending on a margin that thin. This is complete mismanagement. Take for example the athletic department total operating revenue. Northwestern is very close to Purdue and yet is able to break even. They are spending just as much. Between the basketball program between the two, Purdue pays Painter 2.45 million. Northwestern pays over 1 million. That is only a 1.45M difference. The gap between Purdue and NW is over 5 million large. Complete mismanagement. Riddle me this, Northwestern has the lowest operating budget in the big ten. They are operating on revenues of 68 million. That is last in the big ten. Purdue is second to last in the big ten at 71 million. The next two highest schools are Rutgers and Maryland. Pretty sad that Maryland in all kinds of ACC financial trouble comes to big ten and still out gains Purdue who has been in the league earning this kind of money for some time and still ends up this low. So the gap between Purdue and Northwestern is about 3 million. Northwestern is breaking even. Purdue is losing 5 million a year. Our coaching salary is 8th. Our football coach is paid equally relatively compared to NW. Hazell makes 2.25M. Fitzgerald makes 2.2M. Amazing how IU is paying 3.7M in basketball for their coach and their basketball ticket sales out gain Purdue football sales. Burke simply is wrong in every category. And IU is out gaining Purdue in total operating revenue. They are at 84.6. Purdue is at 71.3 (second to last). That is a 13M annual difference. We can't attribute that to basketball ticket sales either because IU is making 6.5M in football ticket sales Purdue was at 9.6, roughly a +3M difference, but the combined total difference of those two sports with Purdue Ball being about -5.7M short of IU is only -2.7. So not only is IU gaining in the annual budget by 13M they are churning a profit of around 5M in surplus while Purdue is losing roughly the same per year. Burke is losing no matter how this data is interpreted. How is IU doing this much better than Purdue in sports when not only has Purdue bball outdid IU these last few seasons, but also IU hasn't been to a football bowl game in over 20 years while Purdue was in the Rose plus 10 bowls during the same time.
1. Michigan - $157,899,820
2. Ohio State - $145,232,681
3. Wisconsin - $127,910,918
4. Penn State - $117,590,993
5. Minnesota - $106,176,156
6. Iowa - $105,958,954
7. Michigan State - $104,677,456
8. Nebraska - $94,797,692
9. Indiana - $84,668,779
10. Illinois - $80,848,569
11. Rutgers - $76,656,339
12. Maryland - $73,434,869
13. Purdue - $71,372,206
14. Northwestern - $68,259,760