Do the math and UAB appears to be overestimating the supposed $7.25 million cost of having a football team in 2018-19. In fact, it looks like UAB football is a break-even and/or slightly profitable proposition, without even considering merchandise sales or other, hidden sources of revenue. (For instance, one recent FBS entrant has a $2 million-a-year concession deal with Pepsi, yet credits those revenues to university food services.)

As usual, Andy Schwarz is spot on. Read the whole thing to find out how schools use bad accounting in relation to their athletic departments.