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Are college athletics good or bad? - Page 16

post #226 of 244
Originally Posted by Piobaire View Post

This thread always makes me laugh when it gets bumped.
Btw, to Peanut's thought that now the schools have the donations due to athletics and now we can just stop the programs and keep the money...yeah, there's these accounting things called "restricted gifts" and "donor intent" that auditors and the IRS actually take quite seriously.
Also, the very suggestion that now the money has been donated so let's just cease the programs and keep the money? Shows he's also got that ethical base we like to see in our future attorneys.

Also there's this thing called "the future." Stop the programs, and see your donation stream dry up.
post #227 of 244
This thread is some of Peanut's shittiest work.
post #228 of 244
Originally Posted by StephenHero View Post

This thread is some of Peanut's shittiest work.

which, interestingly enough, means it is his best .
post #229 of 244
post #230 of 244
Originally Posted by edinatlanta View Post

Link fail.
post #231 of 244
Originally Posted by harvey_birdman View Post

Link fail.

Weird. Well its an ESPN database of all FBS teams revenue, ticket sales etc. from like 2002-12.
post #232 of 244
So rjackanumnuts should probably be a 2L at Princeton Law by now, right?
post #233 of 244
NCAA audit finds every conference made money off the bowls last year.
post #234 of 244
What a great threak this was.
Originally Posted by rjakapeanut View Post

there's too many posts to respond to and i'm on my macbook at a cigar lounge so i'm just going to make a few statements that should address most of the issues raised here.

1.) most institutions lose money on athletic programs. this is a fact. i can go find the proof when i get home, but the guy on the front page posted a good few links, too. the confusing part about it is that these institutions do not report things correctly, and they fudge the numbers to make it look as though they do profit from it. they don't. very few places profit from it.

2.) piobaire, no, LSU doesn't make money. i'm not one of the lazy/uneducated college students of which you speak. where do i get my information? why, none other than the president of the LSU system. the president.

they, like every other institution, fudge the numbers.

but these institutions lose money.
post #235 of 244
wasn't that around the time he claimed he was teh poorz
post #236 of 244
I just love the thought that a frosh is getting inside info from a major university president that his financial numbers are being purposefully misrepresented, or as he said, "fudged."
post #237 of 244
summoning @rjakapeanut
post #238 of 244
Who gives a fucking shit? How is this your business? Did you go to any of these schools? No, you're a poor person with a PWID conviction so you can't get a student loan. Fuck off and die, peasant.
post #239 of 244
Michigan's bowl game invite to Tempe, Ariz., last season was a loss both on the field and in the checkbook.

The U-M athletic department spent $2.01 million on its trip the 2013 Buffalo Wild Wings Bowl, according to expense documents obtained by via a public records request. Michigan came close to breaking even in expenditures, but wasn't quite there.

Ultimately, the Buffalo Wild Wings Bowl left U-M roughly $132,000 in the red.

The Big Ten Conference gave the university $1.875 million to offset the cost of travel and other expenses associated with the game, according to Michigan associate athletic director for media and public relations Dave Ablauf. But Michigan's overall expenditure of nearly $2.01 million left it with $131,861 in out-of-pocket expenses.
post #240 of 244
Jesus Christ are you still arguing about this? Contemporary colleges are a complete joke, 4(-6) years of drinking and rape. Stop giving a shit and just defund the whole thing.
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