I’m scratching my head a little over this quote:
NCAA president Myles Brand says repeatedly that he’s concerned about the “arms race” in big-time college sports, what he calls a “quiet crisis,” especially in football and men’s basketball.
He said recently that only six athletics departments are profitable and that spending for most athletics programs is increasing two to three times the annual rate of general university budgets for academics.
“Tension between faculty needs, academic needs and the desire of athletics departments to be competitive is really a very serious and growing issue,” Brand said.
According to a recent study by UTA Today, the average salary of the 120 major college coaches reached $1 million this year for the first time. Brand said 4 to 5 percent “sounds like money on the margins, but putting it into a stadium instead of science labs makes a difference. When we’re talking 4-5 percent of billions of dollars, that money makes a huge difference wherever it goes.”
Brand is concerned that only six athletics departments are profitable? I didn’t think any of them were supposed to turn a profit. The tax deductibility of contributions to college athletics is based upon its non-profit status.
Either a poor choice of words or bad editing.