Search results
Results from the WOW.Com Content Network
College administrators have the challenge of balancing university values while maximizing the revenue generated by their athletic department. To maintain financial sustainability, several athletic directors have stated that the elimination of men's nonrevenue programs is the only way to balance their athletic budgets.
Athletic administrators are grappling with a cost of $25-30 million annually per school as reported in a wide-ranging story last week at Yahoo Sports.While the revenue-sharing concept as well as ...
“This landmark settlement will bring college sports into the 21st century, with college athletes finally able to receive a fair share of the billions of dollars of revenue that they generate for ...
The first is likely to cost college sports as much as, or more than, $1 billion in back-pay (damages) owed to athletes over the four years preceding the NCAA permitting athletes to earn ...
e. The National Collegiate Athletic Association ( NCAA) [b] is a nonprofit organization that regulates student athletics among about 1,100 schools in the United States, and one in Canada. [3] It also organizes the athletic programs of colleges and helps over 500,000 college student athletes who compete annually in college sports. [3]
Finances[edit] Division I athletic programs generated $8.7 billion in revenue in the 2009–2010 academic year. Men's teams provided 55%, women's teams 15%, and 30% was not categorized by sex or sport. Football and men's basketball are usually a university's only profitable sports,[4]and are called "revenue sports".[5]
Without subsidies, many non-revenue sports like track and field and swimming would probably be cut. Of the more than 100 faculty leaders at public colleges who responded to an online survey conducted by The Chronicle/HuffPost, a majority said they believe college sports benefit all university students.
With revenue-sharing with college athletes on the horizon as part of a $2.8 billion antitrust settlement proposal agreed to Thursday by the NCAA and the nation's biggest conferences, the future of ...