Tuesday, June 9, 2015

The Growing Financial Crisis in College Athletics - Brian C. Mitchell, Huffington Post

Last week, Erik Brady, Steve Berkowitz and Christopher Schnaars wrote about the growing money pressures faced by "non-power 5" college athletic programs in USA Today. They found that "by the NCAA's benchmark for self-sufficiency, just 24 of the 230 public schools in Division I stand on their own, up from 20 a year earlier, " based on data compiled by USA Today Sports in cooperation with Indiana University's National Sports Journalism Center. Those universities meeting the self-sufficiency benchmark were from the Southeastern, Big Ten, Pac-12, and Big 12 conferences. They noted that the NCAA defines self-sufficiency as "operating revenues -- not counting money from student fees, university funding or direct government support -- at least equal to total operating expenses." http://www.huffingtonpost.com/dr-brian-c-mitchell/show-me-the-money-the-gro_b_7483178.html

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