Originally posted by InconvenienTTruth21:
Originally posted by Jcool:
darren rovell @darrenrovell
BREAKING: The NCAA is investigating whether Johnny Manziel was paid for signing autographs
ncaa needs to change their rules, they make millions off of their players and dont let these guys get any compensation at all, not even sell his own autograph? so stupid
You think colleges make millions? Only 23 athletic departments in the country that make a profit out of over 200 colleges
Football does generate a lot of revenue, but its all cycled back into coaches salaries, training facilities, supporting teams, building new stadiums ect.
Of the 23 that made a profit, 16 of them were receiving gov't subsidies.
Football generates a ton of money, but people don't realize the costs of running these huge programs
^^^in 2008 Alabama had $123 million in revenue, pretty awesome right? Its expenses are $123 million also, lol.
Edit: Basketball programs are actually more profitable than football, a LOT fewer expenses.
[ Edited by SunDevilNiner79 on Aug 5, 2013 at 8:46 AM ]