Source? I have trouble believing Hawaii made money on baseball.
3164 per game x 27 home games @ avg $8 (generous?) per ticket is $683,424. Then lets assume, probably also generous, that they made about the same on food, beverage, etc... for $1.3MM or so in game revenues. I am sure Hawaii has some radio or TV broadcasting revenue from baseball as well, but I have no idea how much that would be.
Then for expenses you have 11.7 total cost of attendance scholarships, coaches salaries, recruiting expenses, game day operations expenses, then at least 3 trips to the mainland.
Given all this, I would assume that Hawaii was fairly close on baseball to breaking even but still suspect they were in the red a bit.