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Story
March 28, 1941
Imperial Valley Press
El Centro, Imperial County, California
What is this article about?
Notre Dame University grossed over half a million dollars from football in 1940, netting $211,915.45 after expenses, as revealed by Rev. John J. Cavanaugh in a financial report breaking precedent.
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Irish Gross Half Million on Grid
SOUTH BEND, Ind., March 28. (UP)-Football did a half million dollar business for Notre Dame university in 1940.
The Rev. John J. Cavanaugh, C.S.C., vice president of Notre Dame and chairman of the faculty athletic control board, broke a precedent today by giving a financial report on athletics in answer to "a popular notion that Notre Dame makes a million dollars a year out of football".
Actually, his report showed, net athletic revenues for this academic year are $211,915.45. Gross football receipts were $524,483.75 and budgeted expenses totaled $312,568.30. Income from other sports before the end of the school year will be another $40,000 or $50,000.
SOUTH BEND, Ind., March 28. (UP)-Football did a half million dollar business for Notre Dame university in 1940.
The Rev. John J. Cavanaugh, C.S.C., vice president of Notre Dame and chairman of the faculty athletic control board, broke a precedent today by giving a financial report on athletics in answer to "a popular notion that Notre Dame makes a million dollars a year out of football".
Actually, his report showed, net athletic revenues for this academic year are $211,915.45. Gross football receipts were $524,483.75 and budgeted expenses totaled $312,568.30. Income from other sports before the end of the school year will be another $40,000 or $50,000.
What sub-type of article is it?
Historical Event
What themes does it cover?
Triumph
What keywords are associated?
Notre Dame Football
Athletic Revenues
1940 Finances
Financial Report
What entities or persons were involved?
Rev. John J. Cavanaugh, C.S.C.
Where did it happen?
South Bend, Ind.
Story Details
Key Persons
Rev. John J. Cavanaugh, C.S.C.
Location
South Bend, Ind.
Event Date
1940
Story Details
Rev. John J. Cavanaugh reports Notre Dame's 1940 athletic finances, showing gross football receipts of $524,483.75, expenses of $312,568.30, netting $211,915.45, plus $40,000-$50,000 from other sports, countering the notion of million-dollar profits.