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re: Do any of the programs that cancelled football in 2020 cancel for good?
Posted on 7/20/20 at 10:37 am to Anaximander
Posted on 7/20/20 at 10:37 am to Anaximander
quote:
n 2017, the NCAA reported that 98% of FCS football programs lost money, with the median deficit at $2.4 million. I
If football is losing that much money, how in the hell are they able to maintain other programs? I thought football was the program that paid for the others?
Somebody is making up that deficit. If that somebody can make up more of a deficit, they will be fine.
1
Posted on 7/20/20 at 5:17 pm to LSUFanHouston
quote:
If football is losing that much money, how in the hell are they able to maintain other programs? I thought football was the program that paid for the others?
The majority in the thread are seeing it wrong. For the vast majority of college sports (even football and basketball) don't come close to paying for themselves.
Therefore the majority of colleges will see a reduction in expenditures if there is no football. Schools like LSU and Alabama are some of the few exceptions where football is a net positive in the accounting and the loss of football actually negatively impacts the school's bottom line.
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