May 1, 2019 · 6:50 AM

“Adam Smith would be proud.”

Preach, brother, preach.

5 Comments

Filed under It's Just Bidness, The NCAA

5 responses to ““Adam Smith would be proud.””

  1. Hogbody Spradlin
    May 1, 2019 at 7:12 AM

    Oh, I think I’m going to faint!

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  2. chopdawg
    May 1, 2019 at 9:06 AM

    “A comprehensive 2016 NCAA study found that only 24 athletic departments turned a profit and the median loss among the 129 playing football at the highest level was $18 million. Now pay each of your 500 athletes a $30,000 salary, and you just added $15 million to your annual budget.”

    1) Only 24 depts turned a profit? Wow.

    2) Who came up with the $30K figure?

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  3. Dabo Swinney
    May 1, 2019 at 9:18 AM

    Gosh, you’ve lost me. I guess I’m going to have to take my millions and millions and go find another way to somehow support my family. I promise I will do it. I’m serious. Gosh, I just don’t get all of this entitlement.

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  4. Just Chuck (The Other One)
    May 1, 2019 at 9:35 AM

    Not a pretty picture.
    Like Chop, I wonder where the $30,000 figure came from.
    And, a median loss of $18 million among the 129 programs with a loss? It may be just bookkeeping but that couldn’t be sustainable long term. Might we be seeing some programs dropping football or just raising athletic fees for students to cover it?

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  5. Cojones
    May 1, 2019 at 10:22 AM

    Folks, our appreciation of fine young men sacrificing their all for the good of our alma mater has been sold down the road by a shoe company that decided they could mess with collegiate sports on a mass-cal level.

    Sure looks like the old “slide’em the Benjamin” is relegated to the piker level. Sigh.

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