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OT College Athletics Depts paying themselves to lose money
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[QUOTE="KellySyracuse, post: 1566237, member: 1644"] Interesting read about the money being wasted at state schools at the student & taxpayer expense: "A commonly recited untruth by athletic directors is that the money they “invest” in revenue-producing football and basketball creates opportunities in other sports, especially for women. In fact, at Football Bowl Subdivision schools, just 28 percent of all money spent on athletics goes to women’s sports, and schools with the biggest athletic budgets often offer less than much smaller schools. [B]Texas, for instance, has an athletic budget of $118 million, but it has fewer varsity athletes than even Princeton. What it does have is mahogany-paneled football offices. While Princeton fields 36 varsity sports, Oregon offers just 18 — but it has a football locker room with 60-inch plasma TVs, Xboxes and a state-of-the-art “no-squint” lighting system.[/B]" [URL]https://www.washingtonpost.com/sports/colleges/flagrant-foul-college-sports-bosses-cry-poor-while-spending-lavishly/2015/11/25/f2d6d130-937d-11e5-b5e4-279b4501e8a6_story.html[/URL] [/QUOTE]
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OT College Athletics Depts paying themselves to lose money
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