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[quote=Anonymous][quote=Anonymous][quote=Anonymous]College soccer coaches might be an endangered species in a couple months. If college football does not kick of in Sept there will be no money to support programs that lose 1-2 million dollars a year.[/quote] Sure, which means less recruiting budget and fewer smaller schools to attend small regional showcases. The need for larger, consolidated league based showcases will be even more important for kids wanting to play in college looking for every advantage competing for fewer spots. [/quote] LOL Colleges and universities inflate the hell out of the “cost” of athletics. For starters all scholars are listed at the highest cost bases. [quote] Colleges dramatically overstate what they actually spend on scholarships. If you pull up a school’s report on the USA Today or Department of Education databases, “scholarships” are generally listed as either the second- or third-largest expense, behind salaries and facilities. Tuition is expensive, and if you add up the sticker price for tuition, room, board, books, and more, you could be looking at more than $50,000 an athlete. So it’s easy to see how a school could list scholarship spending at over $10 million a season (in FBS, the median is around $6 million, per the NCAA). That’s what it says on paper, but the school isn’t actually cutting checks like that. As economist Andy Schwarz has explained several times, here for Vice, the athletic department is “paying” the school, using something called transfer-price accounting. But that isn’t an accurate depiction of real costs.[/quote] Other things [quote] Tons of other accounting tricks make this math really messy. Every school’s situation is different, but looking at their accounting is a lot more complicated than just adding up things listed as costs and revenues. Athletic department revenue from merchandising, for example, might be underreported because the revenue gets shared with other university departments first. A single year’s expenses might be substantially inflated because a construction project, previously kept off the books, is added all at once. Other transfer-price accounting rules, from utilities to some facility upgrades, might be counted as expenses without accurately representing true costs. Some athletic departments donate all surplus straight to the university.[/quote] https://www.bannersociety.com/2019/8/12/20704195/college-football-athletic-budgets [/quote]
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