Revenue generation. The benefit of living in the world’s free-est market is that your successes are rewarded at market rates. The value of the work of a Grad student isn’t going to return the same in Capital (or advertising benefits, prestige, etc) as that of a Football Coach who does their job Randall Park And Ali Wong Always Be My Maybe Stay Angry Shirt well. I understand that football is a huge economic income source for universities, and I think that’s sad. The graph above is ridiculous. Also, learning schools spent close to $55 Million on high.
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School football stadiums are equally sad. I believe the people actually TEACHING at the school should be making the money. Welcome to Capitalism, America. You’ve really earned it. Actually, football only brings in net revenue to only a handful of the top football schools. For *most* schools, it takes about $2M from general funds to keep it going. 2M for the best possible advertising to an enormous demographic that would never have normally considered heading to those Universities?
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Seems like a net positive. I understand that the football team brings in a lot of money – but if the purpose is to bring money to the university, why is so much going back to the coach? Couldn’t he be happy with 250k? Upper 5% of American incomes? Eh? The rest could be put toward the professors or improving the facilities of the university. I’ve got no idea what your last comment meant. If you want to address inequality, do it through taxation and welfare provision, not by asking people to voluntarily take less money.
If you want to get into the NFL, you play College football and get noticed. If you want to play college football, you have to be attending that college. If you’re attending that college and not on a scholarship (like the majority of college students), then the college gets your money. It is not messed up if u consider the revenue stream that is Randall Park And Ali Wong Always Be My Maybe Stay Angry Shirt provided to the university from athletics media and licensing deals. College athletics make mega dollars for universities. Playing games is just playing games.