premise: Looking at data from 2011-2012, athletic departments at 99 major schools lost an average of $5 million once you take out revenue generated from "student fees" and "university subsidies." If you take out "contributions and donations"-<hypo> -this drops to an average loss of $17 million, with just one school (Army) in the black.
hypothesis: <hypo> should be "some of which might have gone to the universities"