Quote:
Originally Posted by Dark Cloud
Presidents care about fundraising. Sports help fuel multimillion dollar donations in some cases, but often times, that money just goes right back into sports. Athletic revenues do not keep schools open, pay for labs or most importantly, build new buildings.
Let's not overstate this.
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Agreed, to a point. Basically, college athletics basically advertisement for Universities. They pay back to the University for what they borrow or use (i.e. rent on facilities, etc) and, in exchange, they have quite a bit of autonomy. They're essentially an independent entity who swaps scholarships for "free" advertising.
SI