Pepperdine released its 2021 Internal Revenue Service 990 Form, revealing Pepperdine’s highest paid employees, largest program services and total revenue and expenses from August 2021 to June 2022. Pepperdine’s total revenue for 2021 was $719,080,959, in comparison to 2020 which was $724,218,664, according to the 990. The University also had higher expenses in 2021, equaling … [Read more...] about Pepperdine’s 990 Reveals Top Paid Employees for 2021
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College Athletics Win and Lose Big
The Pepperdine University athletic department is composed of a few hundred student-athletes who compete in various sports, all with different financial means and expenses. The maintenance of Pepperdine Athletics costs a few million dollars per year, and each team has different financial resources. It is one of the largest costs Pepperdine undertakes per year. Pepperdine … [Read more...] about College Athletics Win and Lose Big
Pay (Some) Collegiate Athletes
The California State Senate unanimously passed a recent bill known as the “Fair Pay to Play Act.” The bill is now on the desk of Governor Gavin Newsom.The bill does not force universities to pay student-athletes, but it does allow student-athletes to hire agents and to profit off their own names, images and likenesses. The National Collegiate Athletic Association … [Read more...] about Pay (Some) Collegiate Athletes