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Why do I invest in this program?
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[QUOTE="CuseLegacy, post: 2297809, member: 469"] Here is a Forbes article from 2014. Maybe it can explain better than I can why booster money is a necessity. Click on the links within the paragraph I posted. [URL="https://www.forbes.com/sites/chrissmith/2014/04/15/the-most-valuable-conferences-in-college-sports-2014/2/#6930b8bd21de"]The Most Valuable Conferences In College Sports 2014[/URL] "The nation's collegiate athletic programs receive healthy cuts of conference distributions - last year most Big 12 schools [URL='http://www.forbes.com/sites/aliciajessop/2013/05/31/the-big-12-conference-announces-198-million-revenue-distribution-to-member-institutions/']got $22 million[/URL] (new members TCU and WVU only received half-shares of $11 million) - but the schools have their own expenses to account for. And those expenses [URL='http://www.insidehighered.com/sites/default/server_files/files/Sports%20Pose%20Growing%20Risk%20for%20Universities.pdf']can be incredibly high[/URL]. According to the numbers in the Department of Education's [URL='http://ope.ed.gov/athletics/']financial database[/URL], half of the members of the ten most valuable conferences lost money last year, and only one-third of them netted a profit of $1 million or more. There may be a lot of money getting passed around but, for most schools, at the end of the day there isn't always a whole lot left over. " [/QUOTE]
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