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re: NCAA needs to mind their own Multi-Billion dollar business

Posted on 4/29/19 at 4:39 pm to
Posted by LSU82BILL
Fort Lauderdale, FL
Member since Sep 2006
10414 posts
Posted on 4/29/19 at 4:39 pm to
quote:

NCAA needs to mind their own Multi-Billion dollar business


I guess there's no sense in telling you that the NCAA is a non-profit organization and their sole "business" is to regulate college athletics?
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 4/29/19 at 5:50 pm to
quote:

I guess there's no sense in telling you that the NCAA is a non-profit organization and their sole "business" is to regulate college athletics?
It is a non-profit with one billion dollars in revenues in 2018. They are essentially a sports entertainment enterprise operating tax-free as a "non-profit".

They have $400,000,000 in investments. Nice gig.

Their '17-'18 financial statements:
LINK


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