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re: The Big Ten’s revenue distributions will top $52 million per school next year
Posted on 6/23/18 at 10:37 pm to dcrews
Posted on 6/23/18 at 10:37 pm to dcrews
quote:Read up on title ix. The university receives federal financial assistance and therefore must treat all students equally. That means it doesn't matter about profitability of football/basketball vs women's soccer, they have to be paid equally.
The entire premise of paying athletes is not based on them "representing the university". It's based on the capitalistic idea that said athletes are providing a service that is bringing in profits.
If you are talking profitability, few schools generate "profits" except out of football. And most schools the athletics programs are so heavily subsidized that even football loses money, which is why schools were beginning to drop it, like UAB, until pressure forced them to reinstate it.
Posted on 6/23/18 at 11:24 pm to GeauxTigersLee
quote:
If you are talking profitability, few schools generate "profits" except out of football.
Please,if P5 schools are "losing money" it's either due
to shady accounting or the fact that they're spending money like drunken sailors.Between '04 and '14 the top 48 P5 schools had an almost $2 BILLION increase in revenue and they're still "losing money"?
quote:
's not that college sports don't generate money. The Post's review of records obtained from 48 major-college athletic powers found that revenue has grown from $2.6 billion to $4.5 billion since 2004 -- but spending has grown proportionately right along with it.
I get that G5 schools are in the red and probably couldnt survive without P5 paydays and student fees and
many should go ahead and drop CFB but P5's are rolling and revenue especially with $600 million annually they recieved from the CFB playoff agreememt.
I also understand Title IX limitations but P5 schools could easily afford to double the current COA stipend...it's about the cost of the annual salary of DC about $1.5 million give or take.
This post was edited on 6/24/18 at 12:00 am
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