🏏 How Students And Taxpayers Help Bankroll College Sports
Published by OOPSONLINE.IN · Source: WEAU · 1 min read · · Updated
What actually happened
Across America, big-time college athletics is a $12 billion industry, in most cases, living beyond its means. Ticket sales, TV deals, sponsorships and other revenue sources don’t bring in enough money to cover the bills. So, universities are filling sometimes massive gaps from their general funds and charging students millions of dollars in mandatory fees to support athletics’ shortfalls.
Key points
- Across America, big-time college athletics is a $12 billion industry, in most cases, living beyond its means.
- Ticket sales, TV deals, sponsorships and other revenue sources don’t bring in enough money to cover the bills.
- So, universities are filling sometimes massive gaps from their general funds and charging students millions of dollars in mandatory fees to support athletics’ shortfalls.
Summary based on data provided by WEAU. Full article available at the original publisher.
- #sports
- #students
- #taxpayers