Quote:
Originally posted by Tyrone Slothrop
Although the schools generate huge revenue, I'm thinking that most schools aren't making a profit.
|
The books are funnier than Enron's. They aren't making a profit because they distribute the money to other non-revenue sports or spend the money profligately on facilities, because if they ran a profit they would end up giving it back to the state or the rest of the school.
Quote:
Originally posted by Tyrone Slothrop
In large part. In college football is so lucrative, why are most of the top college football programs run by the government? That doesn't seem funny to you?
|
What's funny is that in many states (hello, south), the highest paid government employee is the football coach. Second highest paid is the basketball coach.
