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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
10334 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


Posted by ktxn1952
East Texas
Member since Aug 2018
939 posts
Posted on 4/29/19 at 6:14 pm to
Most of you (not all) are totally c!ueless! Nowhere, NOWHERE does anything anywhere say a college athlete is due anything more than room and board and a FREE education! Their fricking meals are paid for, they have a nice fricking apartment to live in, their medical is paid for, they have NO BILLS and they DO GET A STIPEND for incidentals or what-the-frick ever! Any of you fricking eggheads thinking these poor, mistreated athletes should get MORE are complete fricking idiots! The education alone is worth anywhere from $40,000 to $80,000 and that's NOT counting their FREE meals, apartment, medical and STIPEND! If, IF they need more then their parents can send them money! After all they ain't paying a frickING THING for their spawn's education! And all you fricking morons complaining about the NCAA are just that...fricking idiots! Down vote away dweebs!
Posted by lovinLSU
lafayette
Member since Nov 2007
13891 posts
Posted on 4/29/19 at 6:20 pm to
quote:

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".
...sounds like they ( NCAA) cheats also.... what I don’t like is the NCAA knows what’s going on at some schools and never bat an eye but others they condemn for life... Alabama for instance...just about every popular football recruit Alabama ever signed was always standing on the side of his brand fricking new Dodge Charger holding up more $100 bills than both hands could hold... unless they all wash cars for side money how do they all have the same taste for cars?.,, you can’t tell me that this doesn’t or wouldn’t raise a flag ..the NCAA knows what’s going on but hey it’s Bama, they bring in millions for the NON PROFIT NCAA in football just like Bluebloods Duke, Kentucky, North Carolina and Kansas do the same for basketball...Will Wade is being made the “ PAWN” to take the attention away for the rest of the cheaters... he’s going to be the fall guy....I hope if Will Wade goes down and nothing else is done to the rest that they also have evidence against he sues the frick out of them and owns the NCAA....
Posted by ktxn1952
East Texas
Member since Aug 2018
939 posts
Posted on 4/29/19 at 6:23 pm to
And what business is the NCAA and their business any business of yours?
This post was edited on 4/29/19 at 6:24 pm
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