Hey guys, came back on here because I had posted something awhile back. I know absolutely nothing about the subject at hand, but my take is that volberry is saying that football hands down brings in the most profits for sports, and the counter argument is that football brings in the most revenues but not necesarilly the highest profits (given its operating costs).....
It also seems like volberry has made some foolish points along the way (i.e. I just recently graduated from Harvard, and I can assure you that the % decrease in endowment is due to lack of investments and a REFUSAL by President Foust to cut back the endless perks enjoyed by Harvard faculty. Rumor around the campus was that faculty still enjoy all expenses paid trips for book tours, interviews, etc everywhere around the world - anything to publicize Harvard... Sure, this is a good business plan, but to make ends meet Harvard has laid off numerous administrative positions and lower-end jobs, etc... Anyways, just thought I'd clarify).....
Back to my original question though... Again, not knowing anything about the inner-workings of it, it seems like the true test would be to look at the revenue and profits of a middle tier college/university that does not have a football program and one that does.... I think it is common belief that football brings in the most revenue at most schools (not sure about Kentucky, Kansas, etc) but as mentioned before, there is also a higher operating cost. However, football revenues also go into funding athletic programs that have no chance in making a profit, right? (i.e. tennis, lacrosse, and hell basically every other sport)... Soooo, with no football program raking in a large revenue, how are these sports funded? If they also are funded through the University General Endowment (as most if not all colleges are since none that i know of allow their athletic dept to have a separate endowment or whatever) then couldn't it be the case that having Football in some instances simply REDUCES the % of money having to be taken out of the general university fund? If football can pay for tennis, wrestling, etc rather than have them come out of the general fund, then it would be the case that football appears to be most profitable, no? Obviously, I'm assuming that is the case and I may be WAY off...
Also, where does Title IX factor into this? My understanding is that having a football team requires a college/university to also create an X amount of women's sports to balance it out... I don't know that much about Title IX, but I'm sure that plays a factor somehow in why some schools don't go the football route (because while football revenues may pay for those Title IX sports at colleges like UT, UF, etc, they won't necesarilly pay for them at ETSU - making it a double whammy because now you have to fund not only football but also a handful of women's sports)....
Looking forward to feedback. Go Vols!