Interesting article out of Peoria.
http://www.pjstar.com/article/20140910/SPORTS/140919858/10930/SPORTS/?Start=1
NCAA outlook/Athletic Funding
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GoRamblers
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NCAA outlook/Athletic Funding
Cigarboy sucks!
Re: NCAA outlook/Athletic Funding
Great article, Go. I didn't know the exact number, but this quote says it all:
"According to an NCAA report released in August, expenses exceeded generated revenue in the past decade at all but 20 of 345 Division I schools reporting."
All of which were BCS Football-playing schools. So we're essentially going to throw out the entire model of college sports (revenue from football and basketball being used to help support non-revenue sports) because a few big money programs have been able to forge a pro-sports style revenue stream from football....
"According to an NCAA report released in August, expenses exceeded generated revenue in the past decade at all but 20 of 345 Division I schools reporting."
All of which were BCS Football-playing schools. So we're essentially going to throw out the entire model of college sports (revenue from football and basketball being used to help support non-revenue sports) because a few big money programs have been able to forge a pro-sports style revenue stream from football....
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GoRamblers
- Posts: 2860
- Joined: Wed Apr 24, 2013 12:49 pm
- Location: Chicago, IL
Re: NCAA outlook/Athletic Funding
ISUblue's AD had this to say (which I think is spot on):
“When you consider a Texas, which is working with an (estimated) $185 million budget and Indiana State’s budget is right around $11.2 million, and we’re competing for the same national championship, and now they want more power than they’ve already got?”
Cigarboy sucks!