Subsidizing Big-Time College Sports: An Analysis of Revenues and Expenses
On January 14, USA Today published a report on the cost of big-time college sports, and detailed the increasing use of institutional subsidies to support athletic expenses. The paper published the revenues and expenses of 99 out of 120 members of NCAA’s Division I Football Bowl Subdivision (FBS) from 2004-2005 to 2007-2008, and found only…