See Report Describes Big Gaps in Athletic vs. Academic Spending
by Brad Wolverton of The Chronicle of Higher Education
"Public universities in the six most powerful NCAA conferences surpassed
$100,000 per player in median annual athletic spending in 2010, a new
study has found—six to 12 times the amount those colleges spent per
student on academics."
"According to the report, “Academic Spending Versus Athletic Spending:
Who Wins?,” athletic departments in the Southeastern Conference—which
have some of the swankest facilities and best-paid coaches—spent nearly
$164,000 per athlete in 2010. That was 12 times as much as those
institutions spent per student on academic expenses..."
"Only a couple of dozen athletic programs operate in the black, with many
major-college programs requiring a substantial institutional subsidy to
remain competitive. The less-wealthy FBS programs now spend $11-million
to $14-million a year to subsidize sports..."
"Athletic costs increased at least twice as fast as academic spending, on
a per-capita basis, across each of the three Division I subdivisions."
There are alot of interesting comments. One is from Chris Marrou (and it might be the former San Antonio news anchor). Here is his comment:
"When an academic criticized Darrel Royal's salary at the U. of Texas in the 1960s, he replied, "When a math professor can draw 80,000 people at Memorial Stadium by working out equations on a blackboard at midfield, I'll take a lower salary." And so it continues..."
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