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Hieronymous Alloy posted:It wouldn't destroy sports, but it would destroy a lot of colleges. only 20 d1 schools generate a profit off their athletics programs
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Jan 24, 2018 17:19
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iospace posted:Football brings in a metric fuckton of money, and, in a vacuum, it's all but certain to be profitable for the school. there's a $45,000 difference in median loss between d1 schools with and without a football program http://www.ncaa.org/sites/default/files/2017RES_D1-RevExp_Entire_2017_Final_20180123.pdf  
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Jan 24, 2018 17:35
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Hieronymous Alloy posted:I read (ok, skimmed) that article and I am *extraordinarily* skeptical of it. Chase the Google results a bit deeper and there are several articles pointing out that universities get a lot of peripheral revenue from athletics that isn't on the actual books of the program itself. It drives alimni donations, etc. similar to sports revenue, donations accrue to a handful of schools for example university of michigan, which has as good an alumni network as any one and is one of the top recipients of alumni cash, donations make up a practically negligible fraction of their overall revenue  http://finance.umich.edu/reports/2016/wp-content/uploads/sites/56/2016/12/2016_Condensed_Financial_Report.pdf
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Jan 24, 2018 18:10
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anyway this is a stupid derail and i'm agreeing with everyone who says ending college athletics and dismantling the ncaa won't significantly hurt schools as with pretty much every other social ill, disassociating capital from spectator sports in general will do more to curb the potential for criminal activities
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Jan 24, 2018 18:15
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