March 8, 2017 · 6:06 AM

There’s a real need for amateurism.

The NCAA incurred a whopping $1.4 billion in expenses during the last fiscal year — yes, that’s billion with a “b” — which was more than $400 million in excess of the revenues it took in over that period, but still found a way for its chief financial officer to pat the organization on the back for exercising “thoughtful stewardship”.

Jesus, if I ran my business like that, they’d run me out of town on a rail… or elect me POTUS, maybe.  On second thought, where can I get me some of that?

12 Comments

Filed under It's Just Bidness, The NCAA

12 responses to “There’s a real need for amateurism.”

  1. 81Dog
    March 8, 2017 at 7:19 AM

    if you rub the NCAA CFO and Greg “Reserve Fund” McGarity together, you’d create a rupture in the space time continuum that would expose a singularity that would swallow the entire solar system.

    I actually think this could be the plot for Star Trek 4: The Budget Singularity. You’re welcome, JJ Abrams. It couldn’t suck any more than Star Trek 3 did.

    Like

    • lamontsanford
      March 8, 2017 at 10:41 AM

      There is already a 4…Start Trek 4: The Voyage home, which paled in comparison to Star Trek 3: The Search for Spock. Also–what is a JJ Abrams?

      ADGM should definitely be a candidate to run the NCAA though. I think I will take up a collection to start the campaign–because god knows I am not going to touch my reserve fund.

      Like

  2. lakedawg
    March 8, 2017 at 8:23 AM

    Any way that we could up the contribution and ticket prices a little to help those poor fellows out?

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  3. The Honorable Mr. Emmert
    March 8, 2017 at 8:31 AM

    We do it for the children®.

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  4. Tronan
    March 8, 2017 at 8:49 AM

    You lose $100 million here and then $100 million there and then another $100 million somewhere else, pretty soon you’re talking real idiots.

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  5. Napoleon BonerFart
    March 8, 2017 at 9:27 AM

    Protecting these kids from themselves is a costly business. At least the NCAA cares enough to do it. Just think if they had to pay taxes!

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  6. rchris
    March 8, 2017 at 10:11 AM

    Hey if they elected you POTUS at least you’ve had previous experience as a Senator!

    Like

  7. doofusdawg
    March 8, 2017 at 12:36 PM

    I’m sure they are doing their best to eat up most of their revenue in salaries and pensions. Not to mention travel and entertainment, vehicles, conferences, etc. Rest assured they will give more money to the “kids” in order to protect their own perks. When the price of doing business is nothing more than the cost of protecting your corrupt “nonprofit” model… something is terribly wrong.

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