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[QUOTE="nzm136, post: 3558408, member: 2531"]
Oh, I have no idea how we do our internal accounting other than some high level DO/Syracuse Post Standard articles, but I think it’s a moot point.

An organization should spend until the marginal benefit equals the marginal cost. Any self-created structure that impedes that ability is bureaucratic waste that should be eliminated and/or circumvented.

That bureaucracy can be circumvented through loan revolvers, “subsidies” from the academic side, and probably several other avenues.

The above said, I think continued Title IX “compliance” means that we probably are spending close to the point where marginal benefit = marginal costs. Assuming whatever women’s sports we’d add/upgrade have minimal benefits, then we’d need close to a 2X RoI on every incremental football dollar to make financial sense. That kind of return for college football is a tall order, especially in New York.

EDIT: The above formula is simplistic, but there’s no point in parsing risk profiles and probabilities when doing napkin math based off of Equity in Athletics funny money numbers. I’m already doing surgery with sledge hammers.

EDIT 2: To your comment, the athletic dept rents the Dome from the university. My best guess is it’s because the athletic dept is somewhat separate from the rest of the school, and the University has a better credit rating, so it was cheaper for the university to build it. Also, going by memory, there’s something like a 20-25% internal “tax” on media revenue that benefits the academic side.
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