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re: Article from Ohio State blog; truth or butthurt?

Posted on 5/7/13 at 6:40 pm to
Posted by FrankWhite'56
Close to Austin - but not TOO close
Member since Feb 2013
984 posts
Posted on 5/7/13 at 6:40 pm to
quote:

From an economic perspective, that snippet you provided looks like the author has completely and totally missed making any real point.

How things are allocated from an accountant's point of view does not determine the underlying economic reality of things.


+1

Not to be condescending in the least bit, but until you truly understand how the money flows through these public institutions, you may not even be getting 1/4 of the story.

College football is big business in many states. Big business always means state legislative influence. Legislative influence always means budgetary shenanigans that lead to figures an author like this can (and will) spin in any light they wish.
Posted by Itreallydoesmatter
Member since Mar 2011
949 posts
Posted on 5/7/13 at 8:38 pm to
all i got to say is, roll tide! deal with it.
Posted by troywew
Member since Nov 2010
2510 posts
Posted on 5/7/13 at 9:39 pm to


addabamma and dem are do-do heads...and....and...waaaaa
Posted by scrooster
Resident Ethicist
Member since Jul 2012
37997 posts
Posted on 5/8/13 at 9:33 am to
quote:

+1

Not to be condescending in the least bit, but until you truly understand how the money flows through these public institutions, you may not even be getting 1/4 of the story.

College football is big business in many states. Big business always means state legislative influence. Legislative influence always means budgetary shenanigans that lead to figures an author like this can (and will) spin in any light they wish.



All we need do is look at the Penn State situation to get a feel for what college football brings to a town. I've heard it likened to having a military base in town in terms of economic impact.

Penn State's Happy Valley - University Park, claimed they lost what, 100+ million when they were hit with the sanctions?

Columbia, SC is a combo military base town (Fort Jackson) and university town (USC) and it has been a well known fact for awhile that USC brings in more money than Fort Jackson in the overall scheme of things.

That's the impact columns like the one the OP shared does not take into account - especially when it comes to smallish Southern towns and cities.
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