U.S. Olympic Committee 'Candidly Concerned' Non-revenue College Sports Will Be C
U.S. Olympic Committee 'Candidly Concerned' Non-revenue College Sports Will Be Cut
By Pat Forde, Yahoo Sports, April 1, 2015
The great competitive and commercial climax of the college sports season occurs this week in Indianapolis with the Final Four. Millions of dollars will be spent watching millionaire coaches and (a few) future millionaire players battle for the national basketball championship in a football stadium.
Final Fours, like the college football postseason, have done nothing but expand in scope and profitability in recent years. The amount to be spent on (and made off) those events seems to be limitless. Especially on the gridiron, where the College Football Playoff has broken the bank.
But more and more, the revenue geyser is meant to sustain only the two glamour athletic programs – football and men's basketball. The more money those sports make, the more gets plowed back into them in the way of opulent facilities and lavish coaching salaries.
Read more:
Final Fours, like the college football postseason, have done nothing but expand in scope and profitability in recent years. The amount to be spent on (and made off) those events seems to be limitless. Especially on the gridiron, where the College Football Playoff has broken the bank.
But more and more, the revenue geyser is meant to sustain only the two glamour athletic programs – football and men's basketball. The more money those sports make, the more gets plowed back into them in the way of opulent facilities and lavish coaching salaries.
Read more:
