> And even though the money used to pay these buyouts mostly comes out of TV deals and sponsorships that athletic departments rake in, it’s not hard to imagine the scholarships that could be awarded or the women’s and Olympic sports programs that could be reinstated with all that cash.
There's a big leap here that the profit from one sport should be invested in another. Why should the profitable football team prop up another sport.
Yes the contracts are crazy, but it's because success drives incredible revenue.
There is no particular reason necessitates it. It merely depends on your end goal; is your highest priority to maximize profits or to strengthen the foundation of your academic/scholastic institution? There’s a perspective where those objectives overlap, but they are not the same thing.
> And even though the money used to pay these buyouts mostly comes out of TV deals and sponsorships that athletic departments rake in, it’s not hard to imagine the scholarships that could be awarded or the women’s and Olympic sports programs that could be reinstated with all that cash.
There's a big leap here that the profit from one sport should be invested in another. Why should the profitable football team prop up another sport.
Yes the contracts are crazy, but it's because success drives incredible revenue.
There is no particular reason necessitates it. It merely depends on your end goal; is your highest priority to maximize profits or to strengthen the foundation of your academic/scholastic institution? There’s a perspective where those objectives overlap, but they are not the same thing.