Happy Holidays to all,
I vaguely recall an "independent" audit of D-I schools back in the 90's.
Don't ask me for a reference :-) However I recall vividly (well, as
vividly as I can recall things these days) that it was proudly pointed
out to me by a colleague from UMich. There were only four (maybe three?)
D-I schools that actually produced a (real) profit from athletics... one
was UMich. Not sure of the others, perhaps Nebraska and Alabama??? But
Michigan's profit was mostly based on filling the football stadium with
100 000+ six or seven times during the season, as I recall.
Let's face it, the cost of a ticket to a particular sport at a
particular school goes to supporting other sports that don't generate
revenue on their own. If we believe in intercollegiate sports as part of
the college experience, then it makes sense to fund these. I guess the
theory is true fans of college X who happen to love college hockey, dont
mind donating some of their ticket price to support crew or women's
basketball or underwater basketweaving at college X.
Most of you know while I like am a fan of D-I hockey, I certainly dont
like the way it is run. Too much pressure, money, recruiting scandals,
etc, to suit me. If we could start all over and do away with athletic
scholarships, high priced coaches and unrealistic alums who want to win
at all costs, I'd be extremely happy. Lots of luck on those scores :-)
My 44 Lire,
Tony Buffa
RPI '64 Go Engineers!!!!
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[log in to unmask] wrote:
>
> I'd be a little bit careful before one tees off.
> Outside analyses of college athletics that I've seen
> tend to find that the accounting involved in these
> reports is every bit as honest as that involved in
> producing (err, excuse me, reporting) the $500 million
> that baseball lost. It tends to be in the opposite
> direction, skewed to making college athletics look
> *more* profitable than it really is, but still
> dishonest.
>
> Until I see outside, independently audited accounts
> that break down and detail line items, I'm not going
> to believe that the Minnesota hockey program is really
> making as much money as we are told.
>
> J. Michael Neal
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