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As a graduate of UW in Seattle. I wish this weren't the case just as much as you but @JackFr makes the correct point that sports are largely profit centers for
by dalanmiller 7y ago
As a graduate of UW in Seattle. I wish this weren't the case just as much as you but @JackFr makes the correct point that sports are largely profit centers for universities.
- watwut 7y agoAfaik, they are profits on some exceptional schools and financial loss everywhere else.
- evgen 7y agoThat would be incorrect. The “major” programs (men’s division 1 football and basketball) are almost always to be found carrying the rest of the athletic program for men and women. At very small schools it is possible that the programs are a loss, but the major sports will be closer to break-even than any others.
- thaumasiotes 7y agoNote that those aren't independent; John Calipari may be returning $20 million / year to his school, but if the other schools are running losses, that money is in a very real sense taken from them rather than being value creation. If the other schools cut their money-losing sports programs, John Calipari's successful, profitable program would suddenly be an unsuccessful money-loser for lack of audience interest.
- pmorici 7y agoDo you have any evidence this is true? It doesn’t sound obviously true to me.
- thaumasiotes 7y agoThat what is true? The claim I made was "if there is only one school participating in the college football system, nobody will care about that system". But that is so obviously true that I imagine you must have thought I said something else?
- pmorici 7y agoYou claimed that other schools are running losses while one reaps all the profits. I don't think it is true that there are only a couple winners and a bunch of losers broadly speaking many programs bring in a surplus of money.
- thaumasiotes 7y agoTake another look at the author of the comments you're talking about.
- flippyhead 7y agoIndeed: https://www.nytimes.com/2019/12/27/sports/dropping-football-northeastern.html https://www.nytimes.com/2019/12/27/sports/dropping-football-...