Your take

With the cuts that colleges are having to take. How do you think this will affect availabilty of scholarships? Just heard that a universisty in Florida was cutting enrollment by 1000.

 

JMHO

Non-revenue sports may suffer cutbacks or be dropped altogether. I doubt if football, especially D1, will suffer cutbacks because it is the cash cow that keeps most athletic departments in the money. I hope baseball won't suffer any drop in scholies because they have been cut enough already. The women are safe, at least in the coed schools. You have to maintain those equal numbers.

Where funding is going to be a big problem, in my opinion, is the high school and middle school level. School systems have a budget crunch and more expenses will fall onto the families and booster clubs if schools are going to keep sport programs.

 

I would doubt we would see any big cut backs in the college sports this coming year. Maybe on the D-3 and D-1 levels. Some may already be on the cutting board before the crunch. So that would make it easier. I was thinking more in lines with the money in scholarshiup funds that have taken a hit. Would agree on the HS & Middle school sports. I know that Guildford County is having to give the state back around 2 plus million. Forsyth County is the same I think.

 

cuts

Most every school system has been asked to make cuts. One system has put a freeze on hiring coaches and are evaluating the need for the number of assistant coaches. For example does football really need 8 assistants? Does baseball really need 2 assistants?

What happened to the education lottery?

SHOW ME THE MONEY!!!!

 

I can not believe that people fell for that one. Remember what Grandma said Never trust A lawer, A Politician and a butcher with a dirty shop.
It is a lottery. School systems need to start buying a ticket.

 

Ok. Did a little digging. Here is what they say. Will need to look at the 08 Beneficiary Brochure. Look at the table and see what your county got. Remember this is net proceeds. So bend over and pick up the penny on the ground. See what you will get. Thing that gets me is they used this as a funding agent. Not an additional to the budget. Guess they are building roads with that money???

http://www.nc-educationlottery.org/about_where-the-money-goes.aspx

 

They ain't building roads! DOT's broke too!

maybe a clay pot museum or something. The shame is that more tax dollars are spent just supporting the bureaucracy of both the state and federal governments than accomplishing what the tax dollars were earmarked for. Pennies on the dollar are all we see out here in the "real world".

 

D1 schools that are in the BCS are not cash cows in football. Many of them lose money. Heck, if a school goes to a Bowl game with a million $ guarantee...they will exceed that amount in expenses.

What football does is bring in Alumni money...a ton of it.

Now basketball is the real cash cow in college sports!!!!

 

I can only say for my college (Tennessee) but football brings in a heck of a lot more money for the athletic department than any other sport. From what I have read in the past, 80-85% of UT's athletic department revenue is from college football.

 

True...but it's money already spent. One year Clemson turned down a bowl bid because it only guaranteed $1 million. They said they would lose money.
There's no question big time football brings in a lot of revenue, but its exceeded by its costs (in many cases). Whatever surplus is spent on something...increase stadium, pay down debt, new sports center, etc... It's more a big elephant, than a cow

Basketball and the TV money it receives is the cash cow for universities

UNC Basketball revenues: 12.7 million
UNC Football revenues: 7.2 million

Not all athletic departments are self-supporting. Between 80% and 95% of Division I-A athletic departments still rely on either the university's general fund or student fees to balance the budget, according to NCAA financial reports obtained by USA TODAY and other academic studies.

Unlike football, most basketball arenas serve as a complex to host other revenue producing events.

I must say that all college sports accounting methods are gray at best, so the figures are like monkey numbers. Then you have the private schools, like Notre Dame, that do not share accounting information to the public.