A Connecticut legislative report shows the UConn men's basketball program had a profit of just over $6 million in the 2008 fiscal year, according to a report by the Associated Press. According to the Office of Legislative Research, the program earned $14.07 in revenue during the year and had $7.8 million in expenses. UConn coach Jim Calhoun was asked in February to defend his $1.6 million salary in the current economy and responded by claiming the men's basketball program brought in $12 million for the school. It wasn't clear if he was referring to revenue or profit. Calhoun was traveling with his team Wednesday to Detroit and the Final Four, and could not be reached for comment by the AP. UConn spokesman Mike Enright said the school provided the data for the legislative report.
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