TobaccoRoadEagle {l Wrote}:hansen {l Wrote}:HJS {l Wrote}:Eaglekeeper {l Wrote}:The universities brought this on themselves by over paying coaches, selling player jerseys and massive fund raising. I can't see any university paying the players or running a minor league system. The women would have to get equal pay and the result would be no scholarships, just grant in aids.
BC didn't bring anything on itself. They underpay for coaches and NEVER sell jerseys of current players. They also have an athletic department that has never turned a profit.
They lose money from an accounting perspective because they have to account for tuition scholarships at 45K dollars per person.
If you ignore these "costs", then the department is very profitable.
wrong. the department is providing a service that has a recognized market value of $45k so the department incurs expenses of $45k for each of these services that are offered.
if you want cash flow accounting, move to russia
Wait, are you H & R block management?