To what level should collegiate sports be funded? What is their relationship to academics?
Thursday, November 18, 2010
Finding paragraph 2
Colleges put so much into making their athletics strong that you would think it’s ridiculous; but with all the students, media, endorsements, and other revenue schemes they usually make a profit. Ohio State University is the nations best in terms of profit margin with an outstanding profit of more than $11,000,000. Ohio State ’s annual basketball revenue is more than $16,000,000 with their expenses being a little about $4,000,000. This means their profit margin in more than 70%. No wonder they do so much to help their athletic programs. But not all basketball programs make a profit. For example, in the ’08-09 season, Duke University brought in just under $12 million, but with their expenses being just under $14 million they have actually lost money. The athletics also have to add in the cost of the scholarships. NC State spends about 3.1 million only on men sports and an additional two million on women sports. Even though colleges can make a huge profit from their sports, they also have a great deal of expenses they have to account for.
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