On November 24, the Columbia Free Times published an article that discussed the escalating cost of college athletics, particularly coaching salaries of head football and men’s basketball coaches at major Division I institutions. The article referred to the Presidential Survey report released in October by the Knight Commission on Intercollegiate Athletics which found that most…
According to a report released by the NCAA on November 18, 79 percent of college athletes who entered college between 1999 and 2002 received their degrees within six years, up one percentage point from last year. However, the three sports which graduated the fewest players in previous years — football, men’s baseball, and men’s basketball…
Op-ed published in USA Today, November 13, 2009. William E. Kirwan, chancellor, University System of Maryland R. Gerald Turner, president, Southern Methodist University As co-chairmen of the Knight Commission on Intercollegiate Athletics, we are concerned that cost escalation in athletics is diminishing support for academics at many universities. In the 2007-08 school year, nearly 80%…
The University of New Orleans (UNO) has announced it is considering dropping from NCAA Division I to Division III due to financial constraints. The UNO athletic department received significant budget cuts in the current fiscal year, and a student referendum to increase student fees to support the athletic department failed in spring 2009. According to…
USA Today recently published several articles relating to rising cost of college football coaching salaries. Their investigation of 2009 salaries found an annual compensation of greater than $2 million for more than 25 head coaches in the NCAA’s highest competitive level, the Division I Football Bowl Subdivision (FBS); at least 56 coaches were earning greater…
Richard Karcher, professor at the Florida Coastal School of Law, has published an article, “The Coaching Carousel in Big-Time Intercollegiate Athletics: Economic Implications and Legal Considerations,” in the Fordham Intellectual Property, Media & Entertainment Law Journal, Vol. 20, No. 1. According to the article abstract, “this paper takes an extensive look at the economics of…
John Thelin published an op-ed in the Lexington Herald Leader on November 8, 2009, relating to the financial issues facing intercollegiate athletics. Thelin is a University of Kentucky professor in the Educational Policy Studies Department. His opinion is below: “National Collegiate Athletics Association’s big sports are in big trouble. That’s the sobering news from the…
Knight Commission co-chair William “Brit” Kirwan, Chancellor of the University System of Maryland, was interviewed by FoxBusiness.com in relation to the unsustainable cost of college sports. Link here to watch the interview.
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The Knight Commission released the results of a presidential survey on the costs and benefits of intercollegiate athletics. An interactive, Web-based report, College Sports 101, that provides an overview of the business and economic landscape of college sports was also released. Potential solutions as well as an assessment of whether the current structure is equipped to address the mounting challenges were discussed with experts.