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[quote=Anonymous][quote=Anonymous][quote=Anonymous]From a Smith College study:

[quote]For the 65 colleges and universities that participate in the Power Five athletic conferences
(Pac 12, Big 10, SEC, ACC, and Big 12), the football and men’s basketball teams are highly visible.
While these programs generate tens of millions of dollars in revenue annually, very few of them turn an
operating “profit.” Their existence is thus justified by the claim that athletic success leads to ancillary
benefits for the academic institution, in terms of both quantity (e.g., more applications, donations,
and state funding) and quality (e.g., stronger applicants, lower acceptance rates, higher yields).
Previous studies provide only weak support for some of these claims. Using data from 2006–2016
and a multiple regression model with corrections for multiple testing, we find that [b]while a successful
football program is associated with more applicants, there is no effect on the composition of the
student body or (with a few caveats) funding for the school through donation[/b]s or state appropriations.[/quote]

https://scholarworks.smith.edu/mth_facpubs/48/

It's an arms race.

And as with an arms race, who ultimately benefits?

Follow the money.

P.S. Look up the highest paid employees in each state. [/quote]

LOL.  Smith is a women's college with its own agena.[/quote]

Gee whiz what a humdinger of an argument. Can't argue with that!

Kinda like arguing with applesauce.

Though I might point out that the article was peer reviewed and published in the International Journal Financial Studies.

Are you going to point out the flaws in the authors' regression analysis? [/quote]

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