2/18/2013: Updated at bottom with Dean Michael Moffitt's pay.
2/17/13: This is back of the envelope for the Football and Conflict course, the original post with exam is here. Corrections welcome. I'm no economist, and many readers know more about this than I do. (Edited once already, thanks for corrections).
Under Brad Sheldon's Oregon Budget Model, UO's colleges divide up UO's total tuition revenue according to a formula based on how many students are taking credits, how many majors they have, and how many graduates they produce. An undergrad student credit hour (SCH) was worth $153 last year to the college teaching it. They then have to pay a tax to Johnson Hall, to pay for Bean's BMW and administrative sabbatical, as well as the legitimate costs of central administration. This is based on expenditures 2 years back, and works out to about 27% of new revenue for law. So they keep about $112 net for a SCH. (They'd get more if they could offer an undergrad major). For the professional law and CRES MA students the law school keeps all the after tax tuition: hence the incentive to give graduate level credits for the CnC courses. A grad credit is worth, very roughly, $220.
So each undergraduate CnC student in a 4 credit class produced about $450 in revenue for the law school. CRES 410 Football and Conflict, with 90 students in fall 2012 brought in about $40K, ignoring any grad student bonus.
What did it cost? While the Athletic Department had wanted to charge the academic side for use of the Jock Box classrooms, that was a bit much even for a booster like Bean. So the only real costs were for the instructor, the readers and graders, and administrative support. With some reasonable assumptions about pay, benefits, and teaching loads, cost per course was say $111,000/8 + $1,000 ~= $15,000.
Let's call it $25,000 in profit, from that one class. No wonder Dean Moffitt felt like he was "living in a business school case study". And what was his cut?
Quite the raise from the $128,116 he was getting 2 years before, as an associate professor: