4 ms·

Yes. Hence the with few exceptions part of my comment. Also profit is revenue - expenses. A $220 million revenue doesn’t say anything about it’s profitabilit

by syops 5y ago

Yes. Hence the with few exceptions part of my comment. Also profit is revenue - expenses. A $220 million revenue doesn’t say anything about it’s profitability. https://www.washingtonpost.com/sports/why-students-foot-the-bill-for-college-sports-and-how-some-are-fighting-back/2015/11/30/7ca47476-8d3e-11e5-ae1f-af46b7df8483_story.html?itid=sf_ https://www.washingtonpost.com/sports/why-students-foot-the-...

snapetom 5y ago
Evert P5 school is very profitable with their TV deals. Lesser conferences should also fair very well with TV deals. In terms of sheer numbers of schools, I guess your definition of "few exceptions" hold true. Should the majority of commuter schools, like say California State University, Sacramento, subsidize heavily in athletics? Of course not. However, your UCLA's, Michigans, and Texas A&Ms make insane amount of money, and often give money back to their university.
- syops 5y ago
  Those D1 schools generate insane amounts of revenue from college and that revenue, in general, goes back to the athletic programs. The university as a whole does use money from those programs to fund education. Those programs don’t pay for their stadiums. They are subsidized by student fees. And those programs that do generate great revenue (but usually not great profit) are still a minority even amongst only D1 schools.
  - snapetom 5y ago
    You don’t even check your own math when you make that claim about student fees and stadiums. Stadiums costs nearly a billion to even renovate these days. Assuming a athletic fee of $2k per year at even the largest universities of 40k students. $80 million is a tiny drop in the bucket for a billion. Since you refuse to even do a small amount of research into this, stadiums and capital expenditures are vastly funded by alumni donations. Unofficially that is the biggest metric for athletic director success.
    - syops 5y ago
      I never claimed student fees pay for stadiums. I think you did not understand what I wrote. I claim that stadiums are built by taxpayers (at public institutions) and that expenditure is not part of the calculation of the alleged profitability of sports programs. Built by taxpayers in the form of bonding bills usually. As I understand these things. https://www.ibtimes.com/college-football-public-universities-spend-millions-stadiums-despite-slim-chance-2258669 https://www.ibtimes.com/college-football-public-universities...

by syops 5y ago

snapetom 5y ago

Evert P5 school is very profitable with their TV deals. Lesser conferences should also fair very well with TV deals. In terms of sheer numbers of schools, I guess your definition of "few exceptions" hold true. Should the majority of commuter schools, like say California State University, Sacramento, subsidize heavily in athletics? Of course not. However, your UCLA's, Michigans, and Texas A&Ms make insane amount of money, and often give money back to their university.

syops 5y ago
Those D1 schools generate insane amounts of revenue from college and that revenue, in general, goes back to the athletic programs. The university as a whole does use money from those programs to fund education. Those programs don’t pay for their stadiums. They are subsidized by student fees. And those programs that do generate great revenue (but usually not great profit) are still a minority even amongst only D1 schools.
- snapetom 5y ago
  You don’t even check your own math when you make that claim about student fees and stadiums. Stadiums costs nearly a billion to even renovate these days. Assuming a athletic fee of $2k per year at even the largest universities of 40k students. $80 million is a tiny drop in the bucket for a billion. Since you refuse to even do a small amount of research into this, stadiums and capital expenditures are vastly funded by alumni donations. Unofficially that is the biggest metric for athletic director success.
  - syops 5y ago
    I never claimed student fees pay for stadiums. I think you did not understand what I wrote. I claim that stadiums are built by taxpayers (at public institutions) and that expenditure is not part of the calculation of the alleged profitability of sports programs. Built by taxpayers in the form of bonding bills usually. As I understand these things. https://www.ibtimes.com/college-football-public-universities-spend-millions-stadiums-despite-slim-chance-2258669 https://www.ibtimes.com/college-football-public-universities...