Quote:
Originally Posted by Shipping up to Boston
... The fact is....college sports are the economic engine for most D1 colleges/universities.....not the Sci Tech, Biology and History buildings on said campuses. ...!
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I wonder if you would care to document your "fact"? You know, real numbers. I will go first. Ohio State leads the nation in income from sports In 2023 it received about 280 million income and spent 275 million on athletics so the University pocketed about 5 million in profit to use for non athletic purposes. Don't believe me...
here is the report summary
Now that is pretty meaningless unless you know the total non-sports budget of OSU. If it is 10 million then the 5 million sports profit is huge. But the real fact, the truth is that for 2024 the budget for OSU is over 9 billion dollars.
The 2024 and 2025 budget is here.
So tell me again about how sports income is the economic engine for D1 schools when the biggest receiver of sports income gets almost no net income from its sports program.
OSU running a profit at all is not the usual. Here is the key quote from
a PBS review of the issue
"expenditures by college athletics departments are such that, with the exception of a small number of schools, athletic expenses surpass revenues at the overwhelming majority of Division I programs"
So your fact is not holding up very well to the light of actual information. Opinions based on false beliefs are a big thing in the country right now. See my tag line.