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The facility cost is shifted to university's balance sheet. Most calculations assume that the cost of building and maintaining a stadium and supporting infrastr
by wtvanhest 13y ago
The facility cost is shifted to university's balance sheet. Most calculations assume that the cost of building and maintaining a stadium and supporting infrastructure is zero.
Do you have a source on that? I couldn't figure out a way to research it myself, but it seems illogical that the cost of financing the facilities would not hit he P&L of the athletics association.
Why has no for-profit corporation stepped up to build up a stadium, hire coaches and players, license the university name and then enjoy the profits?
The same reason many Universities still own on campus housing in most cases. Likely because Universities will not let them. Also, it is likely that the NCAA would oppose it.