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re: Death of College Athletics
Posted on 12/8/18 at 8:53 am to Sunbeam
Posted on 12/8/18 at 8:53 am to Sunbeam
quote:
indicates no more than 20 schools make a net profit from football. In fact the number might actually be ten.
BS if there's a school not making a profit in the SEC
or Big 10 (sans Rutgers)it's their own fault and I think the majority of ACC and Big 12 schools are profitable .Both the SEC and BIG are awash in TV and bowl money every year...at least $40 to $50 million per school and that money has almost tripled over the last 25 years.The CFB playoff and bowl deal with ESPN is worth $500 million per year alone. Revenue isn't an issue but many schools spend money like drunken sailors
with a bloated athletic depts,facility upgrades and coaching staffs/buyouts (yes I know SOME are picked up by boosters)
quote:
Then... I dunno what happens then.
Easy,the future is gonna be streaming...the NFL and MLB
are already doing it and Facebook and Netflix are worth
more than all big 3 networks combined plus ESPN.
This post was edited on 12/8/18 at 11:27 am
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