Who Needs $ from a Div. IA College Football Playoff?
The Chronicle of Higher Education 9-3-99 Heisman
Financially troubled Downtown Athletic Club in New York, which sponsors the annual award for the top performer in college football, had filed for bankruptcy protection this year and was bought by a bank in June.
· USA Today 9-8-00 College bowls dip into pubic funds
As college football teams across the nation settle
into the competition for bids to bowl games, the people who stage those games
are settling into a competition for funds that goes beyond finding corporate
revenue is a very important issue to universities. Approximately 75% or more of Intercollegiate Athletics
revenue is derived from football, which is the financial catalyst that will
generate a department’s budget supporting other men’s and women’s sports.
Considering that 60% of athletic departments currently operate at a loss
and 86% of universities are not in compliance with Title IX, today’s fiscal
pressures have forced many schools to make tough decisions such as to cut
funding for many secondary programs like wrestling, tennis, golf, or soccer.
With increased revenue, the real winners would again be the
student-athletes. Not only would
more scholarships be available for the total of all sports, but also better
academic and athletic facilities.
The 2000-01 season will be the last for Washington
men’s and women’s swim teams, Athletic Director Barbara Hedges said
USA TODAY 8-11-2000
Catch ‘em if you can
FSU has been in the ACC for eight years, and it has won or shared the conference title eight times. N.C. State is pouring money into its program in an attempt to compete. The school is about to start a $102 million renovation that will move the football offices and practice facilities to a new complex at its stadium.
Yahoo! Sports 8-12-2000 Enshrinees say college
football must do more for
“When a coach goes and recruits in a little town in
Georgia or wherever, he sees the way these kids live,” said Bill Kilmer, a
single-wing tailback at UCLA who led the nation in total offense in 1960.
“And then their mother gets sick or something happens and they can’t
give them enough money to get home on a plane trip or a bus ride, and when he
does, the NCAA puts him on a two or three-year ban.
I think it’s horrible.”
With the millions of dollars the NCAA takes in on
bowl games and television contracts, it should give some of it to football
players, Kilmer said.
The NCAA News 10-12-1998
The NCAA recently offered a cash settlement of $44
million to plaintiffs in the restricted-earnings coaches lawsuit.
“Our offer of $44 million is more than fair,” NCAA President Cedric
W. Dempsey said. “It certainly
exceeds actual damages and is nearly double the jury’s figure.”
The jury in the damages phase of the trial awarded about $22.3 million in
damages, which were trebled under antitrust law.
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