fmdog44
Well-known Member
- Location
- Houston, Texas
25% of money comes from TV the rest comes from fans. Colleges could take a serious dive.. this coming year and perhaps next year as well.
College Football Is In Deep Trouble
- Thread starter fmdog44
- Start date
jujube
SF VIP
All college sports are in trouble. Football and basketball bring in the money. Most of the other sports are "red-headed stepchildren".
My granddaughter attended college on a track scholarship. Thank goodness there was some extra money coming in for sports scholarships because an alumnus of the college was a pro football team owner and was extremely generous. Otherwise, track scholarships rank low in importance.
Without the money pouring in from TV and generous alumni, there isn't going to be money for the "little" sports. Let's face it, you won't often see college wrestling, water polo or volleyball on prime-time TV, nor are fans standing in line to buy season tickets.
My granddaughter attended college on a track scholarship. Thank goodness there was some extra money coming in for sports scholarships because an alumnus of the college was a pro football team owner and was extremely generous. Otherwise, track scholarships rank low in importance.
Without the money pouring in from TV and generous alumni, there isn't going to be money for the "little" sports. Let's face it, you won't often see college wrestling, water polo or volleyball on prime-time TV, nor are fans standing in line to buy season tickets.
Example - Ohio State football had to cancel their "Spring Game" (an intra-squad scrimmage). In years past, 100,000 people have paid to attend this event. At $5 a ticket (some are a little more..) that's a cool half million of lost revenue for a scrimmage. For the regular season, the stadium is always sold out, and the tickets are expensive. The Buckeye football program is generally regarded as the most valuable program in college sports, so they have pretty deep pockets.
Check out the endowment funds of colleges. Harvard and
Texas are over thirty billion, that right billions!
The school hierarchy administers and the Board of Regents are 'supposed' to decide where these funds are distributed. The football programs are not highly regarded by the Regents.
Again, where do the football programs get their millions to
fund their programs? The rabid football fans within the alumni badger the Regents
Many of the big football boosters did not attend any university, but they dangle huge contributions in front of
the Board of Regents-IF Half of my donation goes to
the football program.
There are a lot of shady deals regarding the football program.
These football funds are supposed to be allocated to boost academics needs and to the female sporting programs.
Check out the football revenues of top eight colleges: all were over 100 million.
The football factories can take a hit and continue.
The schools that do not brake ten million may have to cancel
a season, but none of them can afford to kill the golden goose.
Texas are over thirty billion, that right billions!
The school hierarchy administers and the Board of Regents are 'supposed' to decide where these funds are distributed. The football programs are not highly regarded by the Regents.
Again, where do the football programs get their millions to
fund their programs? The rabid football fans within the alumni badger the Regents
Many of the big football boosters did not attend any university, but they dangle huge contributions in front of
the Board of Regents-IF Half of my donation goes to
the football program.
There are a lot of shady deals regarding the football program.
These football funds are supposed to be allocated to boost academics needs and to the female sporting programs.
Check out the football revenues of top eight colleges: all were over 100 million.
The football factories can take a hit and continue.
The schools that do not brake ten million may have to cancel
a season, but none of them can afford to kill the golden goose.
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Division I schools are expected to pass money down to D-II and III schools through making donations to the NCAA. The NCAA acts as the administrator to make sure that no school is overlooked. The problem now has arisen that because the basketball tournament went in the hole this past season there is not as much money in the kitty as there had been and now that the College Baseball World Series has also been cancelled, the money supply is even shorter.
For example, just last year, $30 million was passed on to D-II schools, which here in PA is mostly comprised of state schools. That money has shrunk to between $5-8 million. Some of that money was to be shared with the D-III schools to help run their sports programs. I can't speak for other states, but here in Pennsylvania, most of our D-III schools are private institutions, which means that they are able to accept private funding. Nonetheless, getting money from past graduates to add to the endowment funds is going to be tricky and even then if that should occur and be successful, some schools have it stated in their charter or constitution that endowment funds cannot be used for any athletic programs and must be used to aid in helping with those students that would normally qualify for subsidized tuition money. IOW, low income families.
Meanwhile, D-I schools will be keeping most of their money for their own programs. Just look at the University of Arizona. They have 45,000 on campus students and 16,000 employees, which includes professors and assistant professors and then the remainder is support help. How much money do you think it would cost to run that type of Institution? IDK myself without looking it up, but whatever that number is, I'm sure it would be enough to raise a lot of eyebrows.
For example, just last year, $30 million was passed on to D-II schools, which here in PA is mostly comprised of state schools. That money has shrunk to between $5-8 million. Some of that money was to be shared with the D-III schools to help run their sports programs. I can't speak for other states, but here in Pennsylvania, most of our D-III schools are private institutions, which means that they are able to accept private funding. Nonetheless, getting money from past graduates to add to the endowment funds is going to be tricky and even then if that should occur and be successful, some schools have it stated in their charter or constitution that endowment funds cannot be used for any athletic programs and must be used to aid in helping with those students that would normally qualify for subsidized tuition money. IOW, low income families.
Meanwhile, D-I schools will be keeping most of their money for their own programs. Just look at the University of Arizona. They have 45,000 on campus students and 16,000 employees, which includes professors and assistant professors and then the remainder is support help. How much money do you think it would cost to run that type of Institution? IDK myself without looking it up, but whatever that number is, I'm sure it would be enough to raise a lot of eyebrows.
fmdog44
Well-known Member
- Location
- Houston, Texas
Let's see how the tuition looks next year. When we see how much a semester is at some of our universities it would be nice to see them scrounge for a change.