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College and University Discussion
Reply to "Supreme Court revisits Texas affirmative action in new case"
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[quote=Anonymous]There are a handful of schools at the top who make money. After the top 5-10, they all lose money or break even. Due to the fact that most schools have athletic departments and boosters that are considered to be financially separate entities, there is plenty of room for interpretation. That CNNMoney analysis is the only article I have ever seen that claims that the majority of schools are making a big profit. Most other sources are consistent with the "most schools don't profit" on college football. They make a lot of money, but paying coaches, staffs and flying large numbers of people around and putting them up at hotels eats up almost all of it. I recall reading that the University of Florida athletic department made a big deal about how they donated around $1 million back to the school. Are we to believe that all of those big football schools are making tens of millions in profit every year, but only giving a 1/20th of those "profits" to the school? If college football really make that much profit, where does it all go? [/quote]
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