4 ms·

Football making lots of money is a myth because there are many hidden costs. A big one is the cost of the stadium and this comes out of a different budget (some

Football making lots of money is a myth because there are many hidden costs. A big one is the cost of the stadium and this comes out of a different budget (sometimes student fees). Not saying that there aren't some schools coming out ahead, just saying that modeling this out is a lot more complicated and often when this is done carefully by academics doing studies most programs that people think of as succesful are losing money. Similar with pro sports, often the cost of the hundred million dollar stadium, etc is not necessarily recouped.

waynecochran 5y ago
UW football, at least in the past, makes a ton of money. I assume all the other sports lose money. I attended UW in the Don James era so its been awhile.
rectang 5y ago
Classically, you couldn't count on local newspaper reporting about these costs either, because sports pages sold papers. One thing that makes me feel good about living in San Diego is that we've repeatedly told begging billionaires looking to grift their stadiums out of our city taxes to go fuck themselves.
philwelch 5y ago
https://magazine.washington.edu/feature/husky-stadium-renovation-gets-the-green-light/ https://magazine.washington.edu/feature/husky-stadium-renova... > The renovation of Husky Stadium received the green light to proceed when the University of Washington Board of Regents approved the $250 million project in November. > The project—*which will not use any public or University funds*—is scheduled to get under way just before the end of the 2011 football season. ... > The Department of Intercollegiate Athletics will fund the renovation through 30-year bonds. In addition, the UW is seeking major gift donations of $50 million as well as $200 million in new revenue from naming rights, season tickets and premium seating to cover the cost. The story is similar for the renovation of Martin Stadium at WSU, which was largely paid for with TV revenue. It turns out that you can make a lot of money in sports if you don't have to pay the players.
dehrmann 5y ago
I suspect all name-brand Division I schools come out ahead on football.
rboes 5y ago
They rarely pay for those stadiums

waynecochran 5y ago

UW football, at least in the past, makes a ton of money. I assume all the other sports lose money. I attended UW in the Don James era so its been awhile.

rectang 5y ago

Classically, you couldn't count on local newspaper reporting about these costs either, because sports pages sold papers. One thing that makes me feel good about living in San Diego is that we've repeatedly told begging billionaires looking to grift their stadiums out of our city taxes to go fuck themselves.

philwelch 5y ago

https://magazine.washington.edu/feature/husky-stadium-renovation-gets-the-green-light/ https://magazine.washington.edu/feature/husky-stadium-renova... > The renovation of Husky Stadium received the green light to proceed when the University of Washington Board of Regents approved the $250 million project in November. > The project—*which will not use any public or University funds*—is scheduled to get under way just before the end of the 2011 football season. ... > The Department of Intercollegiate Athletics will fund the renovation through 30-year bonds. In addition, the UW is seeking major gift donations of $50 million as well as $200 million in new revenue from naming rights, season tickets and premium seating to cover the cost. The story is similar for the renovation of Martin Stadium at WSU, which was largely paid for with TV revenue. It turns out that you can make a lot of money in sports if you don't have to pay the players.

dehrmann 5y ago

I suspect all name-brand Division I schools come out ahead on football.

rboes 5y ago

They rarely pay for those stadiums