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U of L basketball pulled in over $40 million in 2010-2011

The U.S. Department of Education has released its annual "equity in athletics data cutting tool," which provides detailed financial reports from the past year for the athletic programs of nearly every institution in the country.

The story here? U of L basketball raked in more than $40 million last year.


Nah, see when you're rich you don't write checks. Straight cash, homey.

Here's the full U of L report.