Here is an excerpt from Wisconson. I'll let the numbers speak for themselves.

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Wolf Management costs will increase from a base level of $130,000 yearly at approximately 10% per year from a base year of 1997-98, for the next five years; this does not include depredation costs. License fees from hunting, fishing or trapping will be used for wolf management only if the species is open for public harvest. Full reimbursement should be made to owners who have lost pets or livestock to wolves; normal costs are estimated at $20,000 to $40,000 per year when wolves have reached management goals. The cost of removing depredating wolves and either translocating them to suitable habitat or euthanizing them is estimated at $15,000 to $30,000 per year. Therefore the total cost of wolf management activities is estimated at from $165,000 to $200,000 per year.
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Are you really sure about that?